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
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.
- 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.