NAGA Group AG Faces Challenges Amid Market Conditions

Naga Group AG recently adjusted its financial guidance for FY25 due to challenging market conditions. The company lowered its sales forecast to €62-66 million, down from €74 million, citing persistent low volatility as a key factor. This reduction reflects a decrease in transaction numbers, expected to match the 7.6 million seen in FY24, affecting revenue predictions, now standing at around €64 million.

Moreover, EBITDA projections were significantly reduced to €3-6 million, contrasting with the prior guidance of €12 million. Despite this, the company maintained its cost structure in alignment with strategic initiatives for 2025.

Additionally, NAGA Group AG implemented a reverse stock split at a 10:1 ratio to stabilize its share price, previously below €1. These measures aim to improve market perception and liquidity.