Bitcoin Group SE - Earnings Release 2020

News Details

Ad-hoc | 15 March 2021 18:52

Bitcoin Group SE announces preliminary figures for the 2020 financial year: EBITDA quadrupled

Bitcoin Group SE / Key word(s): Preliminary Results

Bitcoin Group SE announces preliminary figures for the 2020 financial year: EBITDA quadrupled

15-March-2021 / 18:52 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

Bitcoin Group SE announces preliminary figures for the 2020 financial year: EBITDA quadrupled

Herford, 15 March 2021 – Bitcoin Group SE (ISIN DE000A1TNV91 ) closed the 2020 financial year with revenues of EUR 15.0 million, according to preliminary figures. In the 2019 financial year, revenue amounted to EUR 6.3 million. Earnings before interest, taxes, depreciation and amortisation (EBITDA) quadrupled to EUR 10.5 million in the reporting year, compared to EUR 2.6 million in the previous year. Expenses rose to EUR 4.5 million after EUR 3.8 million in the previous year.

The jump in revenue and profit is essentially based on the increased demand for cryptocurrencies and the high customer growth on the trading platform bitcoin.de operated by futurum bank AG in the 2020 financial year.

Contact:

Bitcoin Group SE

Marco Bodewein

Nordstraße 14

32051 Herford

E-Mail: [email protected]

Telefon: +49.5221.69435.20

Telefax: +49.5221.69435.25

Website: www.bitcoingroup.com

Investor Relations Contact:

CROSS ALLIANCE communication GmbH

Jens Jüttner

Tel.: +49.89.1250903-30

E-Mail: [email protected]

Website: www.crossalliance.de

15-March-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

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Language:	English
Company:	Bitcoin Group SE
	Nordstrasse 14
	32051 Herford
	Germany
Phone:	+49.5221.69435.20
Fax:	+49.5221.69435.25
E-mail:	[email protected]
Internet:	www.bitcoingroup.com
ISIN:	DE000A1TNV91
WKN:	A1TNV9
Listed:	Regulated Unofficial Market in Berlin, Dusseldorf (Primärmarkt), Frankfurt, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1175749