Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. Bitcoin Group SE
  6. News
  7. Summary
    ADE   DE000A1TNV91

BITCOIN GROUP SE

(ADE)
  Report
SummaryQuotesChartsNewsCompanyFinancials 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

PRESS RELEASE: Bitcoin Group SE publishes 2020 annual report - earnings per share increase by 342%

06/14/2021 | 04:22am EDT
DGAP-News: Bitcoin Group SE / Key word(s): Annual Report 
Bitcoin Group SE publishes 2020 annual report - earnings per share increase by 342% 
2021-06-14 / 10:20 
The issuer is solely responsible for the content of this announcement. 
=---------------------------------------------------------------------------------------------------------------------- 
Bitcoin Group SE publishes 2020 annual report - earnings per share increase by 342% 
Herford, June 14, 2021 - Bitcoin Group SE (ISIN DE000A1TNV91) today presented its annual report for the 2020 financial 
year. Bitcoin Group SE generated revenues of EUR 15.0 million in the 2020 financial year, compared to EUR 6.3 million 
in 2019. The dynamic increase is primarily based on a strong increase in trading revenues on the cryptocurrency 
platform Bitcoin.de and, as a result, a significant expansion of commission revenues. Earnings before interest, taxes, 
depreciation and amortisation (EBITDA) quadrupled to EUR 10.5 million compared to EUR 2.6 million in the previous year. 
This results in earnings per share of EUR 1.90 on a net level, which corresponds to an increase of 342% compared to the 
previous year (EUR 0.43 per share). 
The financial situation has improved significantly as a result of the strong growth in operations. Cash and cash 
equivalents as of 31 December 2020 rose sharply by EUR 7.3 million to EUR 12.0 million compared to the previous year. 
This puts the Bitcoin Group in the comfortable position of being able to operate without bank and capital market 
financing. 
Bitcoin Group SE's strong growth was accompanied by a massive increase in demand for cryptocurrencies in the financial 
year 2020. Given the turmoil in the financial markets triggered by the Corona pandemic and the multi-billion support 
programs in the context of historically low interest rates, the demand for crypto-assets has increased significantly 
among both private and institutional investors. Cryptocurrencies, and in particular bitcoin, have established 
themselves as an alternative asset class for wealth accumulation and in asset management, and are considered a 
safe-haven investment as an alternative to gold. 
As an example, the price of the cryptocurrency Bitcoin rose from EUR 6,006.60 in January 2020 to EUR 24,052.55 at the 
end of December 2020 and continued to soar beyond the reporting period. In this environment, the cryptocurrency trading 
platform Bitcoin.de operated by the subsidiary futurum bank AG enjoyed great popularity, which is reflected in a 
growing number of new customers. In the reporting year, 79,000 new investors chose Bitcoin.de as their cryptocurrency 
trading venue of choice, so that Bitcoin.de had around 919,000 registered customers at the end of the year. The 
forecast of 900,000 customers was thus exceeded. Bitcoin.de now has more than 975,000 customers. 
In parallel, Bitcoin Group SE's cryptocurrency holdings reached a new record level in the 2020 financial year. The 
value of the digital assets held in the company's own portfolio increased by 228.3% to around EUR 90.3 million compared 
to the level as at 31 December 2019. 
Bitcoin Group SE has made a successful start to the 2021 financial year and, despite the mitigated but still present 
uncertainties due to the infection events, is looking positively to the full year 2021. The Group expects moderate to 
strong growth in revenues in the current year. Earnings before interest, taxes, depreciation and amortisation (EBITDA) 
are expected to be in the low to mid double-digit million range. 
"We are very satisfied with the development in the past business year, but we are only at the beginning. We have 
created the structures and continuously developed our technologies and platform during 2020. These are the best 
prerequisites for continuing to profit from the dynamic spread of cryptocurrencies," says the Managing Director of 
Bitcoin Group SE, Marco Bodewein. 
The English version of the annual report report 2020 will be available by the end of June 2021. The German version of 
the annual report 2020 can be downloaded as a PDF document from bitcoingroup.com in the Publications section. 
About Bitcoin Group SE: 
Bitcoin Group SE is a holding company focusing on innovative and disruptive business models and technologies in the 
areas of Cryptocurrency and Blockchain. Bitcoin Group SE holds 100% of the shares in futurum bank AG, which operates 
Germany's only regulated marketplace for the digital currency Bitcoin, Bitcoin Cash, Bitcoin Gold, Ethereum, Litecoin 
and Ripple under Bitcoin.de, and 50% of the shares in Sineus Financial Services GmbH, a financial services provider 
supervised by BaFin. 
Bitcoin Group SE is listed on the Primary Market of Dusseldorf Stock Exchange and on all other German stock exchanges 
and XETRA (ticker symbol: ADE, ISIN: DE000A1TNV91, GSIN: A1TNV9). More information on Bitcoin Group SE can be found at 
bitcoingroup.com. 
About Bitcoin.de: 
Bitcoin.de is a licensed Bitcoin marketplace in Germany and one of Europe's largest Bitcoin marketplaces with more than 
975,000 customers. After more than 9 years of operation, Bitcoin.de has the reputation of being one of the most secure 
Bitcoin marketplaces in the world. Since users do not transfer euros to a trust account but pay conveniently from their 
bank account, the euros used for trading are even deposit-backed. The cryptocurrencies managed by Bitcoin.de are held 
98% in secure cold wallets. Bitcoin.de is the first and only Bitcoin trading platform worldwide to have its customer 
credit balances audited once a year by a publicly appointed German auditing company (last audit as of November 16, 
2020). The unique integration with a bank account of the Fidor Bank via express trading allows trading to be carried 
out as quickly as on a stock exchange. In addition to Bitcoin, on Bitcoin.de Ether (ETH), Bitcoin Cash (BCH), Bitcoin 
Gold (BTG), Litecoin (LTC), Bitcoin Satoshi Vision (BSV) and Ripple (XRP) can be traded against Euro. 
Contact: 
Bitcoin Group SE 
Marco Bodewein 
Nordstraße 14 
32051 Herford 
E-Mail: ir2021@bitcoingroup.com 
Telefon: +49.5221.69435.20 
Telefax: +49.5221.69435.25 
Website: www.bitcoingroup.com 
Investor Relations Contact: 
CROSS ALLIANCE communication GmbH 
Jens Jüttner 
Tel.: +49.89.1250903-30 
E-Mail: jj@crossalliance.de 
Website: www.crossalliance.de 
=---------------------------------------------------------------------------------------------------------------------- 
2021-06-14 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
=---------------------------------------------------------------------------------------------------------------------- 
Language:     English 
Company:      Bitcoin Group SE 
              Nordstrasse 14 
              32051 Herford 
              Germany 
Phone:        +49.5221.69435.20 
Fax:          +49.5221.69435.25 
E-mail:       ir2021@bitcoingroup.com 
Internet:     www.bitcoingroup.com 
ISIN:         DE000A1TNV91 
WKN:          A1TNV9 
Listed:       Regulated Unofficial Market in Berlin, Dusseldorf (Primärmarkt), Frankfurt, Hamburg, Hanover, Munich, 
              Stuttgart, Tradegate Exchange 
EQS News ID:  1207298 
 
End of News   DGAP News Service 
=------------ 

1207298 2021-06-14

 
Image link: 
https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1207298&application_name=news 
 

(END) Dow Jones Newswires

June 14, 2021 04:21 ET (08:21 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
BITCOIN - EURO 1.80% 32167.46 Real-time Quote.33.94%
BITCOIN - UNITED STATES DOLLAR 1.92% 38030.6 Real-time Quote.29.20%
BITCOIN GOLD (BTG/BTC) 0.00% 0.001189 Real-time Quote.0.00%
BITCOIN GROUP SE -5.90% 36.7 Delayed Quote.-45.61%
DJ INDUSTRIAL -0.39% 35015.5 Delayed Quote.14.56%
ETHEREUM (ETH/BTC) -1.73% 0.058893 Real-time Quote.135.34%
ETHEREUM (ETH/EUR) -0.10% 1895 Real-time Quote.209.90%
ETHEREUM - UNITED STATES DOLLAR 0.24% 2238.14 Real-time Quote.0.00%
LITECOIN (LTC/BTC) -0.51% 0.003507 Real-time Quote.-16.01%
LITECOIN (LTC/EUR) 1.71% 112.8 Real-time Quote.9.29%
LITECOIN - UNITED STATES DOLLAR 1.72% 133.36 Real-time Quote.0.00%
RIPPLE (XRP/BTC) 0.00% 1.7E-5 Real-time Quote.112.50%
RIPPLE (XRP/EUR) 1.43% 0.53604 Real-time Quote.195.22%
RIPPLE - UNITED STATES DOLLAR 1.52% 0.63322 Real-time Quote.184.88%
All news about BITCOIN GROUP SE
07/19PRESS RELEASE : Bitcoin Group SE: Annual General Meeting approves all agenda ite..
DJ
07/19BITCOIN GROUP SE : Annual General Meeting approves all agenda items with high ap..
EQ
06/24PRESS RELEASE : Bitcoin Group SE reaches target of one million customers on cryp..
DJ
06/24BITCOIN : reaches target of one million customers on cryptocurrency trading site..
EQ
06/14PRESS RELEASE : Bitcoin Group SE publishes 2020 annual report - earnings per sha..
DJ
06/14BITCOIN : publishes 2020 annual report - earnings per share increase by 342%
EQ
06/14Bitcoin Group SE Reports Earnings Results for the Year 2020
CI
05/10Bitcoin Group Appoints Chief Information Officer
MT
05/10PRESS RELEASE : Bitcoin Group SE: Per Hlawatschek strengthens Management Board i..
DJ
05/10BITCOIN GROUP SE : Per Hlawatschek strengthens Management Board in the function ..
EQ
More news
Financials
Sales 2020 15,0 M 17,8 M 17,8 M
Net income 2020 9,52 M 11,3 M 11,3 M
Net cash 2020 11,7 M 13,9 M 13,9 M
P/E ratio 2020 37,7x
Yield 2020 -
Capitalization 195 M 230 M 231 M
EV / Sales 2019 19,2x
EV / Sales 2020 23,1x
Nbr of Employees 27
Free-Float 25,0%
Chart BITCOIN GROUP SE
Duration : Period :
Bitcoin Group SE Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BITCOIN GROUP SE
Short TermMid-TermLong Term
TrendsNeutralBearishNeutral
Income Statement Evolution
Managers and Directors
Michael Nowak Co-Managing Director
Marco Bodewein Co-Managing Director
Martin Rubensd÷rffer Chairman
Hlawatschek Per Chief Information Officer
Rainer Hofmann Director
Sector and Competitors
1st jan.Capi. (M$)
BITCOIN GROUP SE-45.61%230
BLACKROCK, INC.20.43%132 727
THE BLACKSTONE GROUP INC.74.80%81 623
BROOKFIELD ASSET MANAGEMENT INC.22.37%76 745
UBS GROUP AG19.17%56 402
EQT AB (PUBL)107.75%49 985