Fintech company Quickbit, which develops technology solutions, reports preliminary revenue for December of EUR 52.2 million.

This means an Average Daily Volume (ADV) of EUR 1.75 million and net sales of EUR 624.4 million on an annualized basis.

The outcome is said to have exceeded the company's high expectations and is due to generally high growth and strong Christmas trading.

"We are pleased to see that growth continues and that we end the year very strongly with another record month," said CEO Daniel Sonesson.

For the full second quarter of 2024/25, preliminary net sales amounted to EUR 128.6 million with an ADV of EUR 1.4 million, compared to last year's outcome of EUR 8.9 million and ADV of EUR 0.1 million respectively.