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DE000A161NR7
Wed, 13.03.2024
The NAGA Group AG
SMC Research upgrades NAGA to “Speculative BUY” with significant upside potential on back of imminent merger with Capex.com
SMC Research sets price target of EUR 1.40 per share
Capex.com merger expected to create significant cost and product synergies
Hamburg, March 13th, 2024 – The analysts of SMC Research recommend in their latest research re [ … ]
Tue, 09.01.2024
The NAGA Group AG
NAGA delivers a strong 2023 with EUR 45.5 million revenue and highest EBITDA in the company's history of EUR 7 million
Significant improvement in client acquisition cost
Active users, volume traded and amount of trades, above 2022 levels
Company guidance and forecast 2024 to be released in the coming weeks
Successful full placement of converti [ … ]
Tue, 19.12.2023
The NAGA Group AG
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.
The union will be facilitated through a non-cash capital increase and is expected to forge a powerful and pro [ … ]
Tue, 21.11.2023
The NAGA Group AG
Warburg and GBC AG recommend “BUY” and see significant price potential in the NAGA share with an average price target of EUR 2.15
Average Upside potential of 85% to current share price
NuWays AG resumes coverage and gives HOLD rating
Analysts highlight clear improvement of NAGAs profitability and expansion plans
Hamburg, November 21st, 2023 - T [ … ]
Tue, 24.10.2023
The NAGA Group AG
NAGA repays majority of convertible bonds; launches first SaaS White-label for Kuwaiti brokerage and starts “NAGA Communities” feature
Alongside positive EBITDA developments in the past quarters, NAGA has repaid majority of outstanding convertible bonds
NAGA proceeds with adding SaaS product to global business, launching first white label partner [ … ]
Thu, 05.10.2023
The NAGA Group AG
NAGA continues profitable growth path reaching 15% EBITDA for the first nine months of 2023 from its brokerage business
Year to date: EUR 28.4 million revenue from brokerage business and EUR 4.2 million EBITDA demonstrating NAGAs ability to become a profitable FinTech
Drastic improvement in client acquisition cost and client lifetime metrics
[ … ]
Wed, 09.08.2023
The NAGA Group AG
AI 'Brain' Technology by Rezolve Joins Forces with NAGA to Revolutionise Online Payment together with Brokerage Transformation
London and Hamburg, August 9th, 2023 - Frankfurt listed, German Fintech company The NAGA Group AG (XETRA: N4G, ISIN: DE000A161NR7), operator of the All-in-One Financial Super App, announces a ground-breaking partnership wi [ … ]
Tue, 11.07.2023
The NAGA Group AG
NAGA reports a profitable first half year and a reduction in cost base. EUR 19.5 million revenue and EUR 2.3 million preliminary EBITDA for HY1 2023.
Hamburg, July 11th, 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 i [ … ]
Tue, 11.07.2023
The NAGA Group AG
NAGA reports a profitable first half year and a reduction in cost base. EUR 19.5 million revenue and EUR 2.3 million preliminary EBITDA for HY1 2023.
Hamburg, July 11th, 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 i [ … ]
Mon, 19.06.2023
The NAGA Group AG
NAGA expands and aligns management team to continuation of global growth.
Michael Milonas to assume role of Group CEO [Chief Strategy Officer] with Benjamin Bilski further focusing on technology as Chief Information Officer and Sam Chaney joins NAGA as Chief Commercial Officer (CCO) to drive global growth in emerging markets.
Hamburg, June 19th, [ … ]