The NAGA GROUP, a number one supplier of the All-in-One
Monetary Tremendous App, NAGA, has reported stellar preliminary unaudited monetary
outcomes for the fiscal 12 months 2023, showcasing a exceptional turnaround in
difficult market situations.
NAGA delivered a strong efficiency, producing over EUR
45.5 million in income, regardless of a slight lower from the earlier fiscal
12 months’s EUR 57 million. The standout achievement was the corporate’s highest-ever
EBITDA of EUR 7 million, a major enchancment from the adverse EUR 13.7
million within the previous 12 months.
Michael Milonas, NAGA, CEO, Supply: LinkedIn
The corporate demonstrated a powerful progress trajectory in
person engagement and exercise ranges all through 2023. With over 132,000 new
account openings and greater than 9.2 million trades executed, NAGA surpassed its
2022 ranges. Notably, copy trades reached 4.8 million, up from 3.5 million, and
the amount traded soared to EUR 143 billion, a rise from EUR 137 billion
within the earlier 12 months.
Lively customers on the finish of 2023 surpassed 21,000, reflecting
a gentle upward pattern from 18,700 in 2022. This progress in distinctive person metrics
is attributed to greater common exercise, deposit measurement, and lifelong worth,
highlighting the effectiveness of NAGA‘s strategic
initiatives.
NAGA CEO, Michael Milonas commented: “We’re delighted that
our disciplined method and steady efforts to make NAGA worthwhile yielded
such robust outcomes. Now we have seen an improved high quality of shoppers, a properly as
improved platform stability and robust person metrics which make us assured for
the next months. Particularly within the mild of our just lately introduced Merger,
NAGA will play an important function to ship robust leads to the upcoming 12 months
paired with Capex.com quick rising person and income base creating a brand new,
thrilling fairness story for the Group.”
The NAGA GROUP, a number one supplier of the All-in-One
Monetary Tremendous App, NAGA, has reported stellar preliminary unaudited monetary
outcomes for the fiscal 12 months 2023, showcasing a exceptional turnaround in
difficult market situations.
NAGA delivered a strong efficiency, producing over EUR
45.5 million in income, regardless of a slight lower from the earlier fiscal
12 months’s EUR 57 million. The standout achievement was the corporate’s highest-ever
EBITDA of EUR 7 million, a major enchancment from the adverse EUR 13.7
million within the previous 12 months.
Michael Milonas, NAGA, CEO, Supply: LinkedIn
The corporate demonstrated a powerful progress trajectory in
person engagement and exercise ranges all through 2023. With over 132,000 new
account openings and greater than 9.2 million trades executed, NAGA surpassed its
2022 ranges. Notably, copy trades reached 4.8 million, up from 3.5 million, and
the amount traded soared to EUR 143 billion, a rise from EUR 137 billion
within the earlier 12 months.
Lively customers on the finish of 2023 surpassed 21,000, reflecting
a gentle upward pattern from 18,700 in 2022. This progress in distinctive person metrics
is attributed to greater common exercise, deposit measurement, and lifelong worth,
highlighting the effectiveness of NAGA‘s strategic
initiatives.
NAGA CEO, Michael Milonas commented: “We’re delighted that
our disciplined method and steady efforts to make NAGA worthwhile yielded
such robust outcomes. Now we have seen an improved high quality of shoppers, a properly as
improved platform stability and robust person metrics which make us assured for
the next months. Particularly within the mild of our just lately introduced Merger,
NAGA will play an important function to ship robust leads to the upcoming 12 months
paired with Capex.com quick rising person and income base creating a brand new,
thrilling fairness story for the Group.”
