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HAMBURG, GERMANY--( / )--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.

After a strong first half of the year with a clear growth trend for all KPIs such as new registrations, deposits, transactions and trading volumes, the Management Board expects significant growth in both total sales and earnings before interest, taxes, depreciation and amortization (EBITDA). Based on current expectations, the Management Board anticipates sales of between EUR 22 million and EUR 24 million in the course of the 2020 financial year (Sales 2019: EUR 6.2 million). Accordingly, the Management Board calculates an EBITDA between EUR 5.5 million and EUR 6 Million (EBITDA 2019: EUR - 9.1 million).

“As mentioned in previous press releases, we are focusing strongly on growth. Our goal is to quadruple sales in 2020 compared to 2019. We not only want to underline the turnaround, but also to show investors that NAGA offers an innovative product, has a clear technological lead over the competition and therefore has strong growth potential. The planned growth is primarily linked to increased investments in marketing and sales. We have collected fresh capital for these initiatives. This has a stronger impact on EBITDA in some quarters, as it was the case in Q2, but it is essential to gain further market share and build momentum. With the anticipated growth, we still aim for an EBITDA margin of around 25% and focus on 2021 to start with a lot of momentum and grow even faster”, comments CEO Benjamin Bilski.

About NAGA

NAGA is an innovative ?ntech company that has developed a socially enhanced ?nancial system that creates a uni?ed and seamless experience across personal ?nance and investing. Its proprietary platform offers a range of products ranging from trading, investing, and cryptocurrencies to a physical Mastercard and social investing features such as a Feed, a Messenger and Auto-Copy. NAGA is a synergistic all-in-one solution that's accessible and inclusive, and that provides a better way to trade, invest, connect, earn, acquire and pay, across both ?at and crypto.

Language: English

Company: The NAGA Group AG Hohe Bleichen 12 20354 Hamburg Germany

E-mail: info@naga.com

Internet:

ISIN: DE000A161NR7

WKN: A161NR

Indices: Scale 30

Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange

EQS News ID: 1102391

View source version on businesswire.com:Korea Newswire distributes your news across every media channels through the industry’s largest press release distribution network

SEOUL--()--VINSSEN (CEO Lee Chil-han), a company specializing 남영역홀덤펍 아이라인추천 in the production of hydrogen fuel cells for marine vessels, announced its participation in Nor-Shipping 2023, in Oslo, Norway, from June 남영역홀덤펍 강민경헤어라인 6 to 9. 섹시만화 실마진 남영역홀덤펍 실마진



Nor-Shipping 2023, which marks its 29th anniversary, is 섹시만화 남자헤어라인 known as the world‘s top three marine exhibitions along with ’Posidonia‘ (Athens) and 남영역홀덤펍 닥터모모의원 ’SMM' (Hamburg). It is a large-scale event 남영역홀덤펍 세미퍼머넌트 that attracted more than 30,000 visitors from 60 countries and 600 exhibitors as of 2022.



VINSSEN will exhibit its model of a 16m-long leisure ship equipped with hydrogen fuel cells showing the hydrogen propulsion system at the exhibition hall for the Korea Marine 남영역홀덤펍 대구미용실추천 Equipment Association (KOMEA). 남영역홀덤펍 The model is an electric operating ship using hydrogen fuel for leisure, developed by Jeollanam-do and Yeongam-gun with an investment of USD 4 섹시만화 나비침 million in response to tougher international regulations over marine vessels. VINSSEN, JEONNAM Technopark, Korea Marine Equipment Research Institute 섹시만화 대구미용 (KOMERI), and Korea Institute of 남영역홀덤펍 김해아이롱다운펌 Industrial Technology (KITECH) will continue to collaborate on research and development of a new propulsion system, as well as vessel construction and sea 소리넷 VINSSEN



Lee Chil-han, CEO of VINSSEN, said, “Increased 섹시만화 갱년기 interest in eco-friendly ships due to environmental issues 오피톡 Leeas climate change 남영역홀덤펍 경대북문신데렐라 also awakens the interest 남영역홀덤펍 광주미용실 in leisure ships. It will not be long before the Korean companies with great skills in the shipbuilding 남영역홀덤펍 수원미용실 and marine field enter the European 섹시만화 홍대미용실 market.”



In 2022, International Maritime Organization announced a stringent environmental regulatory policy 남영역홀덤펍 그날엔포르테정 that requires all ships to reduce 섹시만화 오르거라정 GHG emissions by at least 50% by SVNZweibrucken In



VINSSEN is poised to participate in Greentech Conference 2023 (Seattle, USA) from June 12 to 14, to showcase its latest technologies 남영역홀덤펍 전라도연예인 in the field of sustainable emission-zero maritime transportation, and join H2 World 2023 (Suwon, South Korea), a hydrogen-specialized 섹시만화 남영역홀덤펍 exhibition from June 14 to 16, to display a 남영역홀덤펍 안동출신연예인 model of the fuel cell module (FCM) under development.



About 섹시만화 라디오스타송혜교 남영역홀덤펍 라디오스타송혜교 VgvbH About



VINSSEN develops and manufactures eco-friendly ships and propulsion systems powered by electricity produced by hydrogen fuel cells or batteries. 남영역홀덤펍 송혜교고향 They have patents for over 50 inventions, including electric propulsion devices for 섹시만화 ships, hydrogen fuel cell supplies for ships, and designs for electric-powered leisure boats. The company aims to convert marine ships from diesel engines to green propulsion systems such 섹시만화 로또예측 as electric or hydrogen ones.VINSSEN hydrogen fuel cells (Photo: VINSSEN)



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