on Advanced Blockchain AG (isin : DE000A0M93V6)
Advanced Blockchain AG Reinforces Governance Amid Market Shifts
Advanced Blockchain AG (ABAG) has undergone significant restructuring in 2024, highlighted by a management overhaul and new governance measures. These changes, crucial for future growth, stem from resolving irregularities in its subsidiary Incredulous Labs Ltd. Despite facing a net loss of €1.78m due to high expenses, the company maintains a strong equity base of €8.88m, emphasizing stability and transparency.
Incredulous Labs, ABAG's core subsidiary, reported revenues of USD 229k and a net profit of USD 1.25m in 2024. However, forensic audits uncovered asset misappropriation issues. In response, ABAG's new management implemented robust control systems to safeguard assets.
Despite a temporarily successful token launch with peaq, ABAG's portfolio faced volatility in 2025, prompting strategic diversification. The company's NAV is evaluated at €15.36m, supporting a "Buy" recommendation from GBC AG with a specific target price of €3.79 per share.
R. E.
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