New Risk • Apr 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 49% per year over the past 5 years. Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). お知らせ • Sep 02
Bitcoin Group Se Approves Dividend Bitcoin Group SE at its 2025 AGM approved dividend of EUR 0.10 per share. お知らせ • Jul 21
Bitcoin Group SE, Annual General Meeting, Aug 29, 2025 Bitcoin Group SE, Annual General Meeting, Aug 29, 2025, at 10:00 W. Europe Standard Time. お知らせ • Jul 20
Bitcoin Group SE announces Annual dividend, payable on September 03, 2025 Bitcoin Group SE announced Annual dividend of EUR 0.1000 per share payable on September 03, 2025, ex-date on September 01, 2025 and record date on September 02, 2025. New Risk • Apr 13
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 19% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (9.5% net profit margin). New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Shares are highly illiquid. お知らせ • Jul 25
Bitcoin Group SE, Annual General Meeting, Aug 30, 2024 Bitcoin Group SE, Annual General Meeting, Aug 30, 2024, at 14:30 W. Europe Standard Time. Reported Earnings • Jul 16
Full year 2023 earnings released: EPS: €0.39 (vs €0.48 loss in FY 2022) Full year 2023 results: EPS: €0.39 (up from €0.48 loss in FY 2022). Revenue: €7.75m (down 7.1% from FY 2022). Net income: €1.94m (up €4.35m from FY 2022). Profit margin: 25% (up from net loss in FY 2022). Valuation Update With 7 Day Price Move • Dec 08
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €24.60, the stock trades at a trailing P/E ratio of 73.4x. Average forward P/E is 12x in the Capital Markets industry in Bulgaria. Total returns to shareholders of 23% over the past year. Valuation Update With 7 Day Price Move • Oct 25
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €22.33, the stock trades at a trailing P/E ratio of 66.8x. Average forward P/E is 11x in the Capital Markets industry in Bulgaria. Total returns to shareholders of 5.0% over the past year. New Risk • Oct 18
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €92.9m (US$97.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (€92.9m market cap, or US$97.8m). Reported Earnings • Jul 02
Full year 2022 earnings released Full year 2022 results: Revenue: €8.67m (down 66% from FY 2021). Net loss: €2.41m (down 118% from profit in FY 2021). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Capital Markets industry in Europe. Buying Opportunity • Dec 31
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 9.4%. The fair value is estimated to be €22.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last 3 years. Earnings per share has grown by 45%. Revenue is forecast to decline by 29% in a year. Earnings is forecast to decline by 23% in the next year. お知らせ • Oct 21
Bitcoin Group Examines Acquisition of Several Targets Bitcoin Group SE (XTRA:ADE) said it is in takeover negotiations with several potential targets. The targets are deposit-taking/credit institutions from German region. Among the targets is Bankhaus von der Heydt GmbH & Co. KG, Munich. Currently, all potential acquisition activities are in an ongoing review process, where various legal, regulatory and financial issues still need to be assessed. Reported Earnings • Sep 25
First half 2022 earnings released: €0.44 loss per share (vs €2.03 profit in 1H 2021) First half 2022 results: €0.44 loss per share (down from €2.03 profit in 1H 2021). Revenue: €5.71m (down 68% from 1H 2021). Net loss: €2.21m (down 122% from profit in 1H 2021). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Capital Markets industry in Europe. お知らせ • Sep 15
Bitcoin Group SE Provides Earnings Guidance for the Fiscal Year 2022 Bitcoin Group SE provided earnings guidance for the fiscal year 2022. The company had to adjust its ambitious targets for fiscal year 2022, which foresaw a slight decline in revenues and EBITDA in the upper single-digit million range. The company now assumes a strong decline in revenues. Reported Earnings • May 21
Full year 2021 earnings released Full year 2021 results: Revenue: €25.9m (up 72% from FY 2020). Net income: €13.4m (up 41% from FY 2020). Profit margin: 52% (down from 63% in FY 2020). The decrease in margin was driven by higher expenses. お知らせ • May 18
Bitcoin Group SE Recommends Dividend for the First Time, for the Financial Year 2021 The Management Board and the Supervisory Board of Bitcoin Group SE have decided in their Supervisory Board Meeting held on May 16, 2022, to propose to the Annual General Meeting, which will take place on 1 July 2022, the payment of a dividend for the financial year 2021 of EUR 0.10 per no-par value share entitled to dividend. This corresponds to a total distribution of EUR 0.5 million. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment improved over the past week After last week's 17% share price gain to €37.18, the stock trades at a trailing P/E ratio of 11.7x. Average forward P/E is 14x in the Capital Markets industry in Bulgaria. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €31.88, the stock trades at a trailing P/E ratio of 9.8x. Average forward P/E is 15x in the Capital Markets industry in Bulgaria.