Advanced Blockchain AG: Expected half-year result of approximately EUR 1.5 million
June 30, 2021 at 10:49 am EDT
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DGAP-Ad-hoc: Advanced Blockchain AG / Key word(s): Half Year Results/Cryptocurrency / Blockchain
Advanced Blockchain AG: Expected half-year result of approximately EUR 1.5 million
30-Jun-2021 / 16:47 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Advanced Blockchain AG (Frankfurt, primary market Düsseldorf, XETRA: ISIN DE000A0M93V6) expects a significantly improved result in the first half of 2021 based on the currently available figures. The half-year result is expected to amount to approximately EUR 1.5 million (EBITDA) (previous year: TEUR -238). For the full year 2021, the company expects a result (EBITDA) at least at the level of the half-year result, whereby the development on the markets for digital assets has a significant influence on the possibilities for realising profits.
The publication of the half-year results will take place in the third quarter.
Further information on Advanced Blockchain AG and its projects and investments is available at www.advancedblockchain.com.
30-Jun-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Advanced Blockchain AG is a Germany-based information technology (IT) company. The Company specializes in blockchain, utilizing distributed ledger technology (DLT), while simultaneously further developing other technological solutions, such as directed acyclic graphs (DAG). The Company operates within four business fields: DLT Consultancy, which offers businesses advice on how to apply DLT to their needs and provides the necessary know-how in the implementation process; Applications, which pursues further development and commercialization possibilities of the DAG technology and includes the Company's research activities; Development for third parties, which involves creating dedicated software on order, ranging from minor business process optimizations to full renewal of the business model based on the DAG technology, and Software as a Service (SaaS), which provides decentralized data processing and hosting services in exchange for a license fee.
ADVANCED BLOCKCHAIN AG 
