Rubean AG - Earnings Release 2024

News Details

Corporate | 16 July 2024 13:19

Rubean quadruples half-year revenue compared to previous year

EQS-News: Rubean AG / Key word(s): Development of Sales/Interim Report

Rubean quadruples half-year revenue compared to previous year

16.07.2024 / 13:19 CET/CEST

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

Rubean quadruples half-year revenue compared to previous year

FinTech company’s turnover in the first half of 2024 increases by over 340 per cent compared to the same period of the previous year
Commerz-GlobalPay, a joint venture between Commerzbank and Global Payments, went live with Rubean SoftPOS solution

Munich, 16 July 2024 : Fintech company Rubean AG, Munich (ISIN: DE0005120802, WKN: 512080, symbol R1B:GR) continued its strong growth in the second quarter of the 2024 financial year. In the first six months of this year, the Group’s revenue increased by 340 per cent to EUR 839,174 compared to the same period of the previous year (first half of 2023: EUR 189,488). This means that the Rubean Group has already achieved 83 per cent of the turnover of the entire previous year (2023: EUR 1.012 million) in the first half of the year and remains confident of achieving its annual turnover target of EUR 2.2 million to EUR 2.5 million.

Commerz-GlobalPay, a joint venture between Commerzbank and Global Payments, went live with the Rubean SoftPOS solution in Germany in the second quarter of 2024. Rubean expects user numbers to grow exponentially in the coming months and years.

About Rubean: Rubean AG, Munich, is a leading provider of pure software point-of-sale solutions for banks, acquirers and merchants. These include the mobile softPOS solution PhonePOS, which enables merchants to receive card payments directly on their smartphone without the need for an additional device. This solution is used by payment service providers, major banks, retailers and smaller merchants throughout Europe and is the only softPOS solution that supports the girocard (ec card) in Germany. Rubean is listed on m:access as well as on most OTC trading venues and XETRA. Further information can also be found at www.rubean.com

If you have any queries, please contact:

german communications AG

Jörg Bretschneider

Böhmersweg 5, D-20148 Hamburg

+49 40/46 88 33 0, Fax +49 40/46 88 33 40

[email protected]

Dr. Hermann Geupel

Rubean AG

Kistlerhofstr. 168, D-81379 Munich

+49 89 357560

[email protected]

16.07.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News – a service of EQS Group AG.

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

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Language:	English
Company:	Rubean AG
	Kistlerhofstr. 168
	81379 München
	Germany
Phone:	089-357560
Fax:	089-35756111
E-mail:	[email protected]
Internet:	www.rubean.com
ISIN:	DE0005120802
WKN:	512080
Listed:	Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich (m:access), Stuttgart, Tradegate Exchange
EQS News ID:	1947337