ISIN:DE000A161NR7

EQS-News: The NAGA Group AG reports a profitable first quarter and growing user base. EUR 11.6 million revenue and EUR 1.7 million EBITDA for Q1 2023

Retrieved on: 
Saturday, April 15, 2023

EUR 11.6 million revenue and EUR 1.7 million EBITDA for Q1 2023

Key Points: 
  • EUR 11.6 million revenue and EUR 1.7 million EBITDA for Q1 2023
    The issuer is solely responsible for the content of this announcement.
  • EUR 11.6 million revenue and EUR 1.7 million EBITDA for Q1 2023
    Hamburg, April 04th, 2023 – The NAGA Group AG (XETRA: N4G, ISIN: DE000A161NR7), operator of the neo-broker NAGA, the cryptocurrency platform NAGAX and the neo- banking app NAGA Pay, is publishing its preliminary unaudited Q1 2023 figures.
  • The unaudited preliminary group revenue from the first three months in 2023 stood at EUR 11.6 million with an preliminary EBITDA of EUR 1.7 million.
  • For the first quarter 2023 NAGA reported 2.9 million trades with a trading volume of EUR 37 billion.

EQS-News: The NAGA Group AG: NAGA group starts profitable into 2023

Retrieved on: 
Monday, February 13, 2023

Hamburg, February 09, 2023 - NAGA Group AG (XETRA: N4G, ISIN: DE000A161NR7), operator of the neo-broker NAGA, the cryptocurrency platform NAGAX and the neo-banking app NAGA Pay, is pleased to publish a year to date trading update.

Key Points: 
  • Hamburg, February 09, 2023 - NAGA Group AG (XETRA: N4G, ISIN: DE000A161NR7), operator of the neo-broker NAGA, the cryptocurrency platform NAGAX and the neo-banking app NAGA Pay, is pleased to publish a year to date trading update.
  • Year to date NAGA generated group revenues of close to EUR 6 million whilst expenses were kept at around EUR 4.5 million.
  • Following a restructuring in the summer 2022, NAGA decreased its cost base compared to the start of 2022 in 2023 by more than 65 % whilst keeping new customer growth 15 % above 2022 levels.
  • Afterwards, NAGA will also make a recording of the webinar available here.

EQS-News: The NAGA Group AG grows amid difficult market environment: restructuring and strategy implementation bear fruit

Retrieved on: 
Sunday, January 22, 2023

The NAGA Group AG grows amid difficult market environment: restructuring and strategy implementation bear fruit

Key Points: 
  • The NAGA Group AG grows amid difficult market environment: restructuring and strategy implementation bear fruit
    The issuer is solely responsible for the content of this announcement.
  • NAGA's management reacted immediately with a complete change of strategy and initiated a consistent restructuring.
  • Interested parties can register at any time for the webinars, which will also be recorded and made available on the NAGA Group website.
  • The half-year report 2022 can be downloaded from the website of The NAGA Group AG in German and English at https://group.naga.com/investor-relations/financial-reports.

EQS-News: The NAGA Group AG obtains Seychelles license and signs LOI for a Joint Venture to launch Brazilian crypto platform

Retrieved on: 
Wednesday, October 12, 2022

NAGA is pleased to announce that it has received a financial license from the Seychelles regulator to accelerate its global business.

Key Points: 
  • NAGA is pleased to announce that it has received a financial license from the Seychelles regulator to accelerate its global business.
  • We have been working for several months on this license and are happy to get it operational in Q4, says Benjamin Bilski, Founder & CEO of NAGA.
  • Guide Investimentos isone of thelargest digital asset management platforms in Brazil and owned by the FOSUN group.
  • NAGAX and Guide have signed a Letter of Intent to launch a Joint Venture to offer a crypto trading platform in Brazil using the capabilities of NAGAX for spot and staking of crypto assets.