NAGA saw its shares climb 5% on Thursday after releasing its Q1 2025 financial results, signaling positive momentum for the all-in-one financial SuperApp provider.

The company announced an expanded commitment to capital market activities, introducing regular interim quarterly announcements and monthly disclosures of key performance indicators (KPIs) on its website, starting with Q1 2025.

NAGA Shares Jump 5% on Strong Q1 2025 Results

NAGA Group, formed last year through the merger of NAGA and CAPEX.com, reported a 7% increase in group revenue to €16.4 million for Q1 2025, up from €15.3 million in Q1 2024. This growth was fueled by higher commission income, new client onboarding, and increased trading activity amid global market volatility.

Despite a strategic €1.6 million rise in marketing spend aimed at growth and brand-building, group EBITDA remained positive at €1 million, though the EBITDA margin temporarily fell to 6% from 13% the previous year. The company views this as an investment phase to accelerate its long-term growth.

While new registered users declined to 73,902 from 88,892 in Q1 2024—reflecting a strategic shift from direct performance marketing to broader brand initiatives—the number of newly funded accounts rose 6.5% to 6,088. This indicates improved conversion rates and deeper client engagement, further supported by a 14.2% increase in Client Lifetime Value to €3,290.

CEO Octavian Patrascu emphasized the company’s transparency drive: “We aim to go beyond legal requirements and provide real insight into our strategy, mindset, and business activities.”

NAGA confirms it remains on track to return to its 2023 pro forma revenue levels this year, expecting a significant improvement in EBITDA margin to the mid-double-digit range, driven by operational efficiencies and synergy realization.

The company’s strategic investments and enhanced communication efforts position NAGA for sustainable growth and a stronger market presence ahead.

Also, stay updated with the Latest Broker News.