Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. The NAGA Group AG
  6. News
  7. Summary
    N4G   DE000A161NR7

THE NAGA GROUP AG

(N4G)
  Report
Real-time Estimate Quote. Real-time Estimate Tradegate - 12/02 03:02:28 pm
7.925 EUR   -2.16%
12/01NAGA : Lerne NAGA Pay kennen – Deine All-in-one Persönliche Finanz-App
PU
12/01NAGA : NFT platform🌶
PU
11/30NAGA : Warum schwankt der Preis für WTI Öl derzeit?
PU
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

NAGA : reports record quarter with 157% growth!

10/11/2021 | 05:02am EST

NAGA reports record quarter with 157% growth YoY: Close to USD 21 million in group revenue and USD 5.2 million preliminary EBITDA in Q3 2021

  • 157% revenue growth compared to Q3 2020.
  • Record growth for eleventh quarter in a row.
  • Total revenue for 2021 already over USD 48 million.
  • Trading revenues from cryptocurrencies increased significantly.

Hamburg, October 11, 2021 - NAGA Group AG (XETRA: N4G, ISIN: DE000A161NR7), provider of the social network for trading, cryptocurrencies and payments NAGA.com, has announced its unaudited preliminary group figures for the 3rd quarter of 2021.

NAGA delivers record growth for the eleventh quarter in a row. In the third quarter of 2021, preliminary consolidated group revenue increased by 157% to around USD 21 million compared to USD 8 million in Q3 2020. Compared to the record quarter Q2 2021 (USD 15 million), NAGA was able to increase revenues by another 38%.

The strong growth is underlined by a preliminary unaudited record EBITDA of USD 5.2 million, a growth of 125% compared to Q3 2020 (USD 2.3 million). Trading in cryptocurrencies is growing particularly strongly. Around 15% of total sales in 2021 can be attributed to digital currencies, which represents a growth of over 600% compared to the same period in 2020.

"We are extremely pleased with our Q3 numbers, which are a result of our effective growth strategy. At the beginning of the second quarter we scaled our marketing efforts considerably. Our marketing spend per new client is recouped within only 4.5 months, becoming highly profitable thereafter. Consequently, we will further accelerate our marketing activities in the next quarters to maintain the current momentum going into 2022. We feel well equipped to continue our growth trajectory, especially with the successful capital increase priced in September. In addition, we will accelerate our geographic expansion." says Benjamin Bilski, founder and CEO, commenting on the trading update.

He adds: "We also see that our multi-asset class offering combined with social trading creates a balanced distribution of revenue streams across asset classes. We are seeing the biggest proportional increase out of our trading activities in cryptocurrencies, and we expect this trend to continue."

Following the investment by Christian Angermayer's Apeiron Investment Group with its Elevate3 strategy operating in partnership with Peter Thiel's Founders Fund and by Exness founder Igor Lychagov, the NAGA Board of Directors plans to expand the growth strategy and significantly accelerate marketing spent. In addition to direct marketing, branding and geographical expansion, especially strategic partnerships will come into focus to strengthen market position in the upcoming years.

Disclaimer

NAGA Group AG published this content on 11 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 October 2021 09:01:01 UTC.


ę Publicnow 2021
All news about THE NAGA GROUP AG
12/01NAGA : Lerne NAGA Pay kennen – Deine All-in-one Persönliche Finanz-App
PU
12/01NAGA : NFT platform🌶
PU
11/30NAGA : Warum schwankt der Preis für WTI Öl derzeit?
PU
11/30NAGA : Großes bevorstehendes Event 🔥 NAGA Education Seminar in Spanien
PU
11/30THE NAGA GROUP AG : Notification and public disclosure of transactions by persons
EQ
11/29NAGA : Meet NAGA Pay – Your All-in-one Personal Finance App
PU
11/26THE NAGA GROUP AG : Notification and public disclosure of transactions by persons
EQ
11/24Naga Group Plans Nasdaq IPO
CI
11/24NAGA : Why is OIL.WTI fluctuating lately?
PU
11/24Germany's NAGA Group Plans H2 2022 IPO in US
MT
More news
Financials
Sales 2021 57,6 M 65,1 M 65,1 M
Net income 2021 6,49 M 7,34 M 7,34 M
Net cash 2021 62,3 M 70,4 M 70,4 M
P/E ratio 2021 57,9x
Yield 2021 -
Capitalization 333 M 376 M 376 M
EV / Sales 2021 4,70x
EV / Sales 2022 2,46x
Nbr of Employees 112
Free-Float 18,9%
Chart THE NAGA GROUP AG
Duration : Period :
The NAGA Group AG Technical Analysis Chart | N4G | DE000A161NR7 | MarketScreener
Technical analysis trends THE NAGA GROUP AG
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 3
Last Close Price 8,10 €
Average target price 13,47 €
Spread / Average Target 66,3%
EPS Revisions
Managers and Directors
Benjamin Bilski Chief Executive Officer
Andreas Luecke Chief Financial Officer, Head-Legal & HR
Harald Patt Chairman-Supervisory Board
Alexander Braune Director-Operations
Sandra Pankin Administrative Manager
Sector and Competitors
1st jan.Capi. (M$)
THE NAGA GROUP AG100.50%377
INTUIT INC.74.78%187 992
ADYEN N.V.28.27%84 439
FIDELITY NATIONAL INFORMATION SERVICES, INC.-27.64%62 331
WORLDLINE-41.40%14 723
HITHINK ROYALFLUSH INFORMATION NETWORK CO., LTD.-1.60%10 317