NAGA Group’s audited figures have seen EBITDA for 2025 increase by 12 percent on the preliminary figures, to €3.7 million. The initial figure, published last February, was 3.3 million euros.
Audited revenues were €62.4 million, down from €63.2 million in the previous year, while the foreign currency-adjusted figure was €65.4 million.
NAGA is profitable
Interestingly enough, so does NAGA It closed the first quarter profitable In the first three months of 2026, with net profits of half a million euros. EBITDA for the period amounted to €2.3 million, while the EBITDA margin also improved to 15.8 percent from 6.1 percent in the previous year.
Octavian Patrascu, CEO of NAGA Group AG; Source: LinkedIn
“The audited financial statements for 2025 confirm the successful completion of an important transformation phase for NAGA,” said Octavian Patrascu, CEO of NAGA Group. “The strong start to 2026 demonstrates that these efforts are translating into tangible financial results.”
Recently, NAGA too Obtained a MiCA licensefurther strengthening its cryptocurrency ambitions for continental Europe.
“Smaller” model.
2025 was also an important year for NAGA following its merger with the former CAPEX Group. The integration of platforms, processes and teams is now complete, improving NAGA’s operating model and reducing its cost base while continuing to invest in future growth.
Patrascu also stressed that the integration has made NAGA “a leaner, more efficient and increasingly scalable operating model.”
Meanwhile, the audited figures also showed that NAGA’s marketing investment increased by 15.6 percent. The higher spending was also reflected in a 37.5 percent increase in new funded accounts, with customer acquisition costs reduced by 16.5 percent.
Interestingly, NAGA has positioned itself as a super app under the Naga One brand. And that seems to be the goal of other big players as well. CMC has publicly rolled out its three-phase plan to roll out Super App features, while IG is also pursuing a similar ambition.
NAGA Group’s audited figures have seen EBITDA for 2025 increase by 12 percent on the preliminary figures, to €3.7 million. The initial figure, published last February, was 3.3 million euros.
Audited revenues were €62.4 million, down from €63.2 million in the previous year, while the foreign currency-adjusted figure was €65.4 million.
NAGA is profitable
Interestingly enough, so does NAGA It closed the first quarter profitable In the first three months of 2026, with net profits of half a million euros. EBITDA for the period amounted to €2.3 million, while the EBITDA margin also improved to 15.8 percent from 6.1 percent in the previous year.
Octavian Patrascu, CEO of NAGA Group AG; Source: LinkedIn
“The audited financial statements for 2025 confirm the successful completion of an important transformation phase for NAGA,” said Octavian Patrascu, CEO of NAGA Group. “The strong start to 2026 demonstrates that these efforts are translating into tangible financial results.”
Recently, NAGA too Obtained a MiCA licensefurther strengthening its cryptocurrency ambitions for continental Europe.
“Smaller” model.
2025 was also an important year for NAGA following its merger with the former CAPEX Group. The integration of platforms, processes and teams is now complete, improving NAGA’s operating model and reducing its cost base while continuing to invest in future growth.
Patrascu also stressed that the integration has made NAGA “a leaner, more efficient and increasingly scalable operating model.”
Meanwhile, the audited figures also showed that NAGA’s marketing investment increased by 15.6 percent. The higher spending was also reflected in a 37.5 percent increase in new funded accounts, with customer acquisition costs reduced by 16.5 percent.
Interestingly, NAGA has positioned itself as a super app under the Naga One brand. And that seems to be the goal of other big players as well. CMC has publicly rolled out its three-phase plan to roll out Super App features, while IG is also pursuing a similar ambition.
