THE NAGA GROUP


Associated tags: XETRA

EQS-News: SMC Research upgrades NAGA to “Speculative BUY” with significant upside potential on back of imminent merger with Capex.com

Retrieved on: 
Wednesday, April 10, 2024
Research, EUR, EGM, VISA, XETRA, SMC, News, Investment, Fiat, Research report, Cryptocurrency

NAGA is an innovative fintech company that seamlessly connects personal finance transactions and investments through its social proprietary trading platform.

Key Points: 
  • NAGA is an innovative fintech company that seamlessly connects personal finance transactions and investments through its social proprietary trading platform.
  • The company's platform offers a range of products from stock trading, investments and cryptocurrencies to a physical VISA card.
  • Additionally, the platform allows for exchanges with other traders, provides relevant information in the feed, and autocopy features for successful members' trades.
  • 13.03.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.

EQS-News: SMC Research stuft NAGA aufgrund der bevorstehenden Fusion mit Capex.com auf 'Speculative BUY' mit hohem Kurspotenzial

Retrieved on: 
Wednesday, April 10, 2024
Analyst, SMC, Recherche, Studie, Gruppe, XETRA, N4, Angebot, Kursziel, Zeitpunkt, Report, Börsenkurs, Marktkapitalisierung, Abschluss, Vollzug, Quartal, Zustimmung, Hauptversammlung, Genehmigung, Bericht, Investition, Plattform, Reihe, Produkt, Wertpapierhandel, Finanzprodukt, Mastercard, Tausch, Information, Feed, Trades, Mitglied, News, Service, Meldepflicht

SMC Research upgrades NAGA to “Speculative BUY” with significant upside potential on back of imminent merger with Capex.com

Retrieved on: 
Wednesday, March 13, 2024
Professional Services, Apps, Applications, Technology, Cryptocurrency, Software, Finance, Fintech, SMC, Research, Research report, EUR, EGM, XETRA

The analysts of SMC Research recommend in their latest research report on The NAGA GROUP (XETRA: N4G, ISIN: DE000A161NR7), provider of the All-in-One Financial Super App, NAGA, a “Speculative BUY” (previously “HOLD”) with a Price Target of EUR 1.40, representing an upside potential of around 115% based on a share price of EUR 0.65 as of the date of the research publication.

Key Points: 
  • The analysts of SMC Research recommend in their latest research report on The NAGA GROUP (XETRA: N4G, ISIN: DE000A161NR7), provider of the All-in-One Financial Super App, NAGA, a “Speculative BUY” (previously “HOLD”) with a Price Target of EUR 1.40, representing an upside potential of around 115% based on a share price of EUR 0.65 as of the date of the research publication.
  • The Price Target implies a fully diluted market cap of EUR 318 million after the close of the contemplated merger with Capex.com The merger is expected to close in Q2 2024, subject to shareholder approval at the upcoming EGM on 12 April 2024, as well as regulatory approval.

EQS-News: NAGA delivers a strong 2023 with EUR 45.5 million revenue and highest EBITDA in the company's history of EUR 7 million

Retrieved on: 
Saturday, January 13, 2024
XETRA, NAGA Group, Cost, News, EUR, Marketing, Cryptocurrency

NAGA delivers over EUR 45.5 million in revenue (FY2022: EUR 57 million)  and achieves a preliminary EBITDA of EUR 7 million (FY2022: - EUR 13.7 million) which is the highest EBITDA in the company's history, marking an impressive turnaround on the bottom line during challenging market conditions.

Key Points: 
  • NAGA delivers over EUR 45.5 million in revenue (FY2022: EUR 57 million)  and achieves a preliminary EBITDA of EUR 7 million (FY2022: - EUR 13.7 million) which is the highest EBITDA in the company's history, marking an impressive turnaround on the bottom line during challenging market conditions.
  • During 2023 NAGA saw over 132,000 account openings (FY22: 243,000) and more than 9.2 million trades (FY22: 8.6 million) whereof 4.8 million were copy trades (FY22: 3.5 million.
  • As a result all unique user metrics have shown a strong uptrend with higher average activity, deposit size and lifetime value.
  • Marketing expenses stood at EUR 5.5 million (FY2022: EUR 28.5 million), leading to the best ever gross Cost Per Acquisition of EUR 447 (FY22: EUR 1510) per new capitalized trading account.

EQS-News: NAGA liefert ein starkes Jahr 2023 mit 45,5 Millionen Euro Umsatz und dem höchsten EBITDA in der Unternehmensgeschichte von 7 Millionen Euro

Retrieved on: 
Saturday, January 13, 2024
Benutzer, Volumen, Anzahl, Niveau, Gruppe, XETRA, N4, Angebot, Umsatz, VJ, Geschichte, Unternehmen, Turnaround, Copy, Trades, Gesamtkosten, Akquisition, Xanthi Milona, CEO, Erfolg, Ansatz, Ergebnis, Kunden, Plattform, Hintergrund, Rolle, Equity, Story, Amt, Wandelanleihe, USD, Herr, Lauf, Woche, Entwicklung, Prognose, Schritt, Gange, Genehmigung, News, Service, Meldepflicht

EQS-News: NAGA kündigt Fusion mit der Trading-App Capex.com an. Octavian Patrascu, der Gründer von Capex, wird persönlich 9 Mio. USD über eine Wandelanleihe in das Unternehmen einbringen.

Retrieved on: 
Saturday, December 30, 2023
Pătrașcu, USD, Wandelanleihe, Unternehmen, Weg, Fusion, Benutzer, Umsatz, Gruppe, CAGR, Lizenz, Durchschnitt, Anmeldung, CEO, Wachstum, Erfahrung, Amtszeit, Verkauf, Playtech, Wert, US-Dollar, Einnahme, Handelsvolumen, Plattform, Anzahl, MENA-Region, Sozial, Trading, Kombination, Bareinlage, Einbringung, Anleger (Finanzmarkt), Zusammenschluss, Markt, Konsolidierung, Fahrplan, Ziel, Dimension, Innovation, Synergie, Geld, Transaktion

NAGA Announces Merger With Trading App Capex.com. Octavian Patrascu, the Founder of Capex, Is to Personally Inject USD 9 Million Into the Company via a Convertible Bond.

Retrieved on: 
Tuesday, December 19, 2023
Professional Services, Apps, Applications, Technology, Finance, Software, Fintech, Crypto, XETRA, Sale, Research, Acquisition, Nagas, USD, COGS, Growth, CFD, Bank

Octavian Patrascu, the Founder of Capex, is to personally inject USD 9 million into the company via a convertible bond, setting the stage for a strategic merger between Capex.com and NAGA.

Key Points: 
  • Octavian Patrascu, the Founder of Capex, is to personally inject USD 9 million into the company via a convertible bond, setting the stage for a strategic merger between Capex.com and NAGA.
  • With a collective user base of 1.5 million worldwide, the newly merged company is projected to generate over USD 250 million in revenue over the next three years.
  • Capex.com is a global regulated, fast growing (80% CAGR over the past three years) FinTech platform with licenses in Europe and Abu Dhabi.
  • The joint entities will operate 8 licenses globally, and this year are estimated to generate USD 90 million in joint revenue with an EBITDA of USD 6.5 million.

EQS-News: Warburg und GBC AG empfehlen „Kaufen“ und sehen erhebliches Kurspotenzial in der NAGA-Aktie mit durchschnittlichem Kursziel von 2,15 EUR

Retrieved on: 
Thursday, December 21, 2023
Gruppe, XETRA, N4, Angebot, Analyst, Prozentzeichen, Kursziel, Konsens, Börsenkurs, Quartal, Recherche, Notes, Aktie, GBC, Warburg, Kauf, SMC, Hauck, Coverage, Kostenmanagement, Steigerung, Wachstum, Unternehmen, Region, Diversifikation, Expansion, Lizenz, Effizienz, Marketing, Investition, Plattform, Reihe, Produkt, Wertpapierhandel, Finanzprodukt, Mastercard, Tausch, Information, Feed, Trades, Mitglied, Aktienmarkt

EQS-News: NAGA announces merger with trading app Capex.com. Octavian Patrascu, the Founder of Capex, is to personally inject USD 9 million into the company via a convertible bond.

Retrieved on: 
Wednesday, December 20, 2023
Crypto, Sale, EBITDA, Acquisition, Research, Fintech, Nagas, EBITA, XETRA, CFD, USD, Growth, ISIN, COGS, Pharmaceutical industry, Security (finance), Bank, Cryptocurrency, Capital expenditure, Key, MENA

Octavian Patrascu, the Founder of Capex, is to personally inject USD 9 million into the company via a convertible bond.

Key Points: 
  • Octavian Patrascu, the Founder of Capex, is to personally inject USD 9 million into the company via a convertible bond.
  • NAGA announces merger with trading app Capex.com.
  • Octavian Patrascu, the Founder of Capex, is to personally inject USD 9 million into the company via a convertible bond, setting the stage for a strategic merger between Capex.com and NAGA.
  • With a collective user base of 1.5 million worldwide, the newly merged company is projected to generate over USD 250 million in revenue over the next three years.