Key Market Indicator:
Stock market news: In short news style a la Twitter/X. Everything that is relevant - at a glance. The entry page for the informed investor. Compact, worth knowing and always up to date. Directly from the IR departments of the companies.
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 [ … ]
Wed, 17.01.2024
THE NAGA GROUP AG
Strong FY23 prelims and merger with Capex.com; chg
Last week, NAGA reported preliminary FY23 figures that came stronger than
expected. Further, the company has announced (at the end of 2023) a planned
business combination with Capex.com. In detail:
- Sales came in at € 45.5m (-21% yoy), significantly above our estimates of
€ 38.1m. [ … ]
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, 19.12.2023
The NAGA Group AG
Ad hoc announcement pursuant to Art. 17 Market Abuse Regulation
- The NAGA Group and Key Way Group announce planned business combination by way of a capital increase in kind, accompanied by the issuance of a convertible bond -
Hamburg, December 19, 2023. The financial technology companies The NAGA Group AG (XETRA: N4G, ISIN: DE000A161NR7) and Ke [ … ]
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 [ … ]
Mon, 20.11.2023
The NAGA Group AG
Strong earnings growth achieved in the first nine months of 2023, lower
sales growth but increase in profitability expected, price target: € 2.90,
rating: BUY
The NAGA Group AG recently published its annual report for the 2022
financial year, which is therefore late. The delayed publication is mainly
due to a change of auditor, the in [ … ]
Fri, 17.11.2023
THE NAGA GROUP AG
FY22 out // Short-term remains clouded; Restart with HOLD
Recently, NAGA finally reported its audited FY22 figures, which reflect a
particularly challenging year for the company. In detail:
Sales stand at € 57.6m (+9% yoy), above our estimates of € 50.1m, as we
have not considered NGC trading revenues of € 6.8m. While trading a [ … ]
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 [ … ]
Tue, 24.10.2023
The NAGA Group AG
Naga Group AG agrees with investor on adjustment of the Terms and conditions of convertible bond
Hamburg, October 24, 2023. Based on the recent positive business figures, The Naga Group AG was able to agree with the holder of the convertible bond issued in April 2023 on an adjustment of the bond terms.
The amended bond terms provide for the part [ … ]