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 Group
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 Nakis Theocharides as Group Head of HR
Nakis Theocharides joins NAGA after spending the past three years as HR Manager for Nicosia based luxury hotel The Landmark Nicosia.
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.
CEO Ben Bilski on 32% drop in NAGA Group shares
The markets seem to focus nowadays on bad news, and look to “sell now” and worry about buying back later.
NAGA Group adjusts 2021 and 2022 financial forecasts
NAGA’s brokerage business has generated more than €33.5 million in revenue in the first half of 2022, versus €22.3 million in 2021.
Exclusive: Stelios Eleftheriou to head NAGA Pay and NAGAX
Stelios Eleftheriou spent the past five years as CEO of Parimatch Cyprus, the Cyprus branch of the Parimatch Tech group.
