|Bid||2.0600 x 0|
|Ask||2.0800 x 0|
|Day's Range||1.9700 - 2.0400|
|52 Week Range||0.5280 - 4.8000|
|Beta (5Y Monthly)||0.03|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 01, 2019 - Jul 02, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||6.80|
The NAGA GROUP (XETRA: N4G, ISIN: DE000A161NR7), provider of the social network for investing NAGA.com, today announced a sales and earnings forecast for the current fiscal year 2020.
The NAGA Group continues its high growth rate and announces new projects.
The NAGA Group closed the first quarter of 2020 with a provisional record result of EUR 7 million in sales (Q1/2019: EUR 0.6 million) and a provisional net profit of EUR + 2.1 million (Q1/2019: EUR - 3.9 million loss). The unaudited EBITDA stands at EUR + 3.3 million (Q1/2019: EUR - 2.8 million), whilst unaudited EBIT is at EUR + 2.2 million (Q1/2019: EUR - 3.9 million). With an all-time high of 1.2 million trades for the quarter, also a record trading volume of EUR 23 billion was recorded. In addition, customers deposited more than EUR 12.5 million into the platform, which was the highest in a quarter. The number of active accounts has doubled since the beginning of the year, while the number of new registrations has tripled.