ETR:N4G, featured, NAGA Group, NAGA.com
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NAGA Group’s nine-month marketing spend was reduced from €26 million in 2022 to just €4 million this year.
featured, NAGA, NAGA Group, NAGA.com, social trading
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In Q2 2023 Revenues at NAGA declined to just €7.9 million, a 32% quarter-to-quarter decline from Q1.
Ben Bilski, featured, Michael Milonas, NAGA, NAGA Group, NAGA.com
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The letter hints at some of the problems which have been plaguing NAGA, which led to the recent ouster of longtime CEO Ben Bilski.
Ben Bilski, ETR:N4G, featured, Michael Milonas, NAGA, NAGA Group, Sam Chaney
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NAGA co-Executive Director Michael Milonas will become Group CEO, while Benjamin Bilski is moving to focus on technology as CIO.
convertible bonds, ETR:N4G, featured, NAGA
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The move comes as NAGA seems to have turned a corner following a loss-making 2022.
ETR:N4G, featured, NAGA, NAGA Group
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NAGA saw $13.5 billion in monthly trading volumes in Q1-2023, basically identical to the $13.6 billion it averaged in 2022.
Ben Bilski, copy trading platform, ETR:N4G, featured, NAGA Group, social trading
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Copy trading represents 55% of overall trades whilst 2023 customer deposits care up by 50% as compared to 2022.
ETR:N4G, featured, forex broker acquisitions, NAGA Group
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NAGA will maintain its current listing status following the consummation of any such transaction.
ETR:N4G, featured, NAGA Group
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NAGA did about $13.5 billion in monthly trading volume in 2022, or total annual volume of roughly €150 billion.
ETR:N4G, featured, Guide Investimentos, NAGA Group, Seychelles FX broker
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In September NAGA achieved its best result on operating cash flow basis in 2022 by delivering over €1M operating cash flow.
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