Bragg Gaming stock (NASDAQ: BRAG) surged 13.64% on higher-than-average trading volume following announcements of significant insider buying and positive revenue projections for 2025.

CEO Matevž Mazij emphasized that management's recent stock purchases demonstrate confidence in the company's undervalued shares while pursuing enhanced liquidity strategies. This insider buying activity typically signals positive expectations from those with intimate knowledge of the company's operations.

The Toronto-based gaming technology provider anticipates double-digit revenue growth in 2025, with expanded profit margins and improved operational leverage. Formal guidance is expected to be released early next year.

Key points from the company's outlook:

• Robust pipeline of opportunities driving momentum into 2025
• Expected double-digit top-line growth
• Expanding bottom-line margins
• Increased operational leverage

Following a strategic review process initiated in early 2024, Bragg identified several key focus areas:

• Stronger cash generation
• Increased revenue diversification
• Accelerated proprietary content growth
• Enhanced margins

The company, which provides internet casino and sportsbook technology through its ORYX Gaming brand, maintains these targets are achievable under their 2025 strategic plan, despite deciding against a previous sale consideration that temporarily boosted stock prices in 2024.

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