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Side-by-side financial comparison of Bragg Gaming Group Inc. (BRAG) and InflaRx N.V. (IFRX). Click either name above to swap in a different company.

InflaRx N.V. is the larger business by last-quarter revenue ($25.7K vs $20.8K, roughly 1.2× Bragg Gaming Group Inc.).

Bragg Gaming Group Inc. is a global B2B provider of turnkey gaming technology solutions, content aggregation services, and player engagement tools for licensed online casino and sports betting operators. It primarily serves regulated online gambling markets across North America, Europe, and Latin America, offering fully customizable, compliance-aligned platform products for its client base.

InflaRx N.V. is a clinical-stage biopharmaceutical company specializing in the development of novel anti-inflammatory therapies targeting the complement C5a pathway. Its pipeline addresses unmet medical needs for severe inflammatory diseases including autoimmune and rare inflammatory disorders, serving global patient populations.

BRAG vs IFRX — Head-to-Head

Bigger by revenue
IFRX
IFRX
1.2× larger
IFRX
$25.7K
$20.8K
BRAG

Income Statement — Q2 FY2022 vs Q3 FY2025

Metric
BRAG
BRAG
IFRX
IFRX
Revenue
$20.8K
$25.7K
Net Profit
$90
Gross Margin
55.9%
98.6%
Operating Margin
3.6%
Net Margin
0.4%
Revenue YoY
Net Profit YoY
EPS (diluted)
$0.00

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BRAG
BRAG
IFRX
IFRX
Q3 25
$25.7K
Q2 25
$42.6K
Q2 24
$6.9K
Q2 22
$20.8K
Q1 22
$19.4K
Net Profit
BRAG
BRAG
IFRX
IFRX
Q3 25
Q2 25
$-15.6M
Q2 24
$-15.0M
Q2 22
$90
Q1 22
$-720
Gross Margin
BRAG
BRAG
IFRX
IFRX
Q3 25
98.6%
Q2 25
Q2 24
Q2 22
55.9%
Q1 22
51.8%
Operating Margin
BRAG
BRAG
IFRX
IFRX
Q3 25
Q2 25
Q2 24
Q2 22
3.6%
Q1 22
-1.2%
Net Margin
BRAG
BRAG
IFRX
IFRX
Q3 25
Q2 25
-36559.8%
Q2 24
-217803.1%
Q2 22
0.4%
Q1 22
-3.7%
EPS (diluted)
BRAG
BRAG
IFRX
IFRX
Q3 25
Q2 25
Q2 24
Q2 22
$0.00
Q1 22

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BRAG
BRAG
IFRX
IFRX
Operating Cash FlowLast quarter
$7.5K
$-33.1M
Free Cash FlowOCF − Capex
$7.3K
FCF MarginFCF / Revenue
35.2%
Capex IntensityCapex / Revenue
0.7%
Cash ConversionOCF / Net Profit
82.92×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BRAG
BRAG
IFRX
IFRX
Q3 25
$-33.1M
Q2 25
Q2 24
$-29.2M
Q2 22
$7.5K
Q1 22
$3.8K
Free Cash Flow
BRAG
BRAG
IFRX
IFRX
Q3 25
Q2 25
Q2 24
Q2 22
$7.3K
Q1 22
$3.7K
FCF Margin
BRAG
BRAG
IFRX
IFRX
Q3 25
Q2 25
Q2 24
Q2 22
35.2%
Q1 22
19.2%
Capex Intensity
BRAG
BRAG
IFRX
IFRX
Q3 25
Q2 25
Q2 24
Q2 22
0.7%
Q1 22
0.4%
Cash Conversion
BRAG
BRAG
IFRX
IFRX
Q3 25
Q2 25
Q2 24
Q2 22
82.92×
Q1 22

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BRAG
BRAG

Other$11.1K54%
Netherlands$9.6K46%

IFRX
IFRX

Segment breakdown not available.

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