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Corporate news
NAGA reports a profitable first quarter and growing user base. EUR 11.6 million revenue and EUR 1.7 million EBITDA for Q1 2023
04.04.2023 / 12:05
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.
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NAGA group starts profitable into 2023
09.02.2023 / 12:35
NAGA Group AG, 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.
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NAGA grows amid difficult market environment: restructuring and strategy implementation bear fruit
30.12.2022 / 10:00
NAGA Group AG (XETRA: N4G, ISIN:  DE000A161NR7), operator of the neo-broker NAGA, the cryptocurrency platform  NAGAX and the neo-banking app NAGA Pay, has strengthened its position in a very  difficult market for neo-brokers in 2022 via extensive structuring measures and a  targeted strategy shift and plans to return to profitability in the first half of 2023.
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NAGA obtains Seychelles license and signs LOI for a Joint Venture to launch Brazilian crypto platform whilst achieving a group-wide positive operating cash flow in September
12.10.2022 / 12:00
NAGA Group AG, operator of the neobroker NAGA, the cryptocurrency platform NAGAX and the neobanking app NAGA Pay, reports several positive developments in licensing, partnerships and its operational performance. Learn about NAGA's financial license from the Seychelles regulator, NAGAX and Guide Investimentos' partnership to launch a crypto platform in Brazil, and NAGA's cost restructuring efforts. Get all the latest updates on NAGA Group AG's progress and developments in the fintech industry.
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NAGA reports customer growth as costs continue to be reduced
02.09.2022 / 13:00
NAGA Pay and Contis by Solaris launch a VISA-approved card program that allows users to spend both fiat and cryptocurrency at point of sale. NAGA management also reports positive developments in customer growth and cost reduction efforts, and announces the release of audited financial statements in September 2022.
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NAGA publishes preliminary trading update on the first half of 2022
22.07.2022 / 13:30
The Company reports that the overall Group performance across all divisions was  strongly impacted primarily by the rapid crypto downturn in the second quarter in the  trading activities segment. In addition, substantial investments were made in trading  activities, marketing and technology in the NAGAX segment, which will pay off later than  planned due to the current market situation.
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NAGA sees strongest monthly profitability in April to date with more efficient user acquisition funnels through increased brand awareness
19.05.2022 / 12:00
In April, preliminary brokerage revenue amounted to EUR 7 million, while preliminary  EBITDA stood at EUR 3.6 million. To date, more than 2.7 million transactions have been  generated while the active customer base and sign-ups continue to grow strongly.
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NAGAs Q1 topline grows by 63% YoY, reporting record revenue of EUR 18 million and EBITDA of EUR 5 million
22.04.2022 / 07:00
NAGA reports that its brokerage business posted a preliminary Q1 2022 record revenue  of around EUR 18 million (Q1 2021: EUR 11.7 million) with a preliminary EBITDA of EUR  5 million (Q1 2021: EUR 3 million), representing a year over year growth of 63% and  66% respectively.
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NAGA announces NAGAX launch date and starts dynamically into 2022
15.02.2022 / 12:00
On March 7, 2022, NAGA launches its brand-new social trading platform NAGAX  focused on cryptocurrencies. NAGAX will launch with a crypto wallet as well as a crypto  exchange with more than 50 assets.
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NAGA delivers EUR 55,3 million Group revenue beating FY 2021 guidance and announces the world's first Web3 crypto social trading platform NAGAX
13.01.2022 / 13:00
Consolidated group revenue more than doubled to around EUR 55.3 million compared  to previous year (2020: EUR 24.4 million). The strong growth is underlined by a record  EBITDA of EUR 12.8 million, which is also almost a doubling compared to 2020 (EUR 
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NAGA hosts capital markets day on 13 December 2021 with Christian Angermayer and Mike Novogratz as guest speakers
02.12.2021 / 13:00
The event will be held online and hosted by NAGAs CEO Benjamin Bilski. Ben will  amongst others provide a trading update, present the recently announced revised  guidance and discuss upcoming milestones for the year to come
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NAGA raises EUR 34 million in its largest funding round to date and announces new software as a service as growth driver
22.11.2021 / 13:00
Explore the exciting growth opportunities with NAGA Group AG by becoming a shareholder through our recent capital increase. Join our list of renowned financial investors with proceeds of EUR 34 million for global expansion and acceleration of growth. Learn more about our exciting plans for the future.
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NAGA announces NAGA Pay launch
03.11.2021 / 09:30
NAGA, announces the launch of the revolutionary payment platform  “NAGA Pay” with UK / European payments and VISA debit card
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