NAGA Group revenues stabilize in Q3 at €8.9M
NAGA Group’s nine-month marketing spend was reduced from €26 million in 2022 to just €4 million this year.
ETR:N4G
NAGA names new CEO, hires Sam Chaney as CCO, raises $8.2M
NAGA co-Executive Director Michael Milonas will become Group CEO, while Benjamin Bilski is moving to focus on technology as CIO.
Exclusive: NAGA Group to raise $8.2 million in convertible bond offering
The move comes as NAGA seems to have turned a corner following a loss-making 2022.
NAGA reports Revenues of €11.6M in Q1-2023, return to (EBITDA) profitability
NAGA saw $13.5 billion in monthly trading volumes in Q1-2023, basically identical to the $13.6 billion it averaged in 2022.
NAGA reports profitable start to 2023 on strong copy trading activity
Copy trading represents 55% of overall trades whilst 2023 customer deposits care up by 50% as compared to 2022.
NAGA Group in discussions on merger with “multi-country brokerage firm”
NAGA will maintain its current listing status following the consummation of any such transaction.
Exclusive: NAGA posts 43% decline in 2H-2022 Revenues
NAGA did about $13.5 billion in monthly trading volume in 2022, or total annual volume of roughly €150 billion.
Exclusive: NAGA hires Eurotrader exec Matthew Kent as Director Institutional Sales
Matthew Kent joins CySEC-licensed NAGA.com after spending the past two years in a similar role at Eurotrader.
NAGA adds Seychelles license, updates results
In September NAGA achieved its best result on operating cash flow basis in 2022 by delivering over €1M operating cash flow.
Exclusive: NAGA adjusts 2021 results, lowers acquisition costs, drops E&Y as auditor
Contis by Solaris and NAGA Pay are launching a VISA-approved card program that enables users to spend both fiat and cryptocurrency.
