on The Naga Group AG (isin : DE000A161NR7)
The NAGA Group AG Exceeds Preliminary 2024 Results
The NAGA Group AG, based in Hamburg, has released its audited financial statements for 2024, outperforming earlier projections. With a significant achievement, the company generated EUR 63.2 million in revenue, surpassing the preliminary figure of EUR 62.3 million. The Group's EBITDA reached EUR 9.0 million, up from the initially reported EUR 8.1 million, with an improved EBITDA margin of 14%, signaling effective execution during a year of strategic transition.
2024 was focused on The NAGA Group’s reverse merger with CAPEX Group, completed in August, alongside a unified technology platform rollout and strategic market alignment. Operational efficiency continued into 2025, as the company recorded further revenue growth in Q1, driven by heightened commission income and elevated client acquisition.
CEO Octavian Patrascu emphasized that the 2024 results validate the group's transformative strategies and strong market integration. The momentum observed in early 2025 signifies a positive trajectory as the firm advances into the new financial year.
R. E.
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