THELOGICALINDIAN - Hamburg October 11 2024 NAGA Accumulation AG XETRA N4G ISIN DE000A161NR7 provider of the amusing arrangement for trading cryptocurrencies and payments NAGAcom has appear its unaudited basic accumulation abstracts for the 3rd division of 2024
NAGA delivers almanac advance for the twelfth division in a row. In the third division of 2024, basic circumscribed accumulation acquirement added by 157% to about USD 21 actor compared to USD 8 actor in Q3 2024. Compared to the almanac division Q2 2024 (USD 15 million), NAGA was able to access sales by addition 38%.
The able advance is accent by a basic unaudited almanac EBITDA of USD 5.2 million, a advance of 125% compared to Q3 2024 (USD 2.3 million).
Trading in cryptocurrencies is growing decidedly strongly. Around 15% of absolute sales in 2024 can be attributed to agenda currencies, which represents a advance of over 600% compared to the aforementioned aeon in 2024.
“We are acutely admiring with our Q3 results, which are a aftereffect of our able advance strategy. At the alpha of the additional quarter, we scaled our business efforts considerably. Our business absorb per new applicant is recouped aural alone 4.5 months, acceptable awful assisting thereafter. Consequently, we will added advance our business activities in the abutting abode to advance the accepted drive activity into 2022. We feel able-bodied able to abide our advance trajectory, abnormally with the acknowledged basic access priced in September. In addition, we will advance our geographic expansion.” says Benjamin Bilski, architect and CEO, commenting on the trading update.
He adds: “We additionally see that our multi-asset chic alms accumulated with amusing trading creates a counterbalanced administration of acquirement streams beyond asset classes. We are seeing the better proportional access out of our trading activities in cryptocurrencies, and we apprehend this trend to continue.”
Following the advance by Christian Angermayer’s Apeiron Advance Group with its Elevate3 action operating in affiliation with Peter Thiel’s Founders Fund and by Exness architect Igor Lychagov, the NAGA Board of Directors affairs to aggrandize the advance action and decidedly advance business spent. In accession to absolute marketing, branding and bounded expansion, abnormally cardinal partnerships will appear into focus to strengthen bazaar position in the accessible years.
About NAGA
NAGA is an avant-garde fintech aggregation that has developed a socially added banking arrangement that creates a unified and seamless acquaintance beyond claimed accounts and investing. Its proprietary belvedere offers a ambit of articles alignment from trading, investing, and cryptocurrencies to a concrete Mastercard and amusing advance appearance such as a Feed, a Messenger and Auto-Copy. NAGA is a accessory all-in-one band-aid that’s attainable and inclusive, and that provides a bigger way to trade, invest, connect, earn, access and pay, beyond both authorization and crypto.
Press contact
Andreas Luecke
[email protected]
The NAGA Group AG
www.naga.com
