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    QBIT   SE0010662585

QUICKBIT EU AB (PUBL)

(QBIT)
  Report
End-of-day quote. End-of-day quote NORDIC GROWTH MARKET - 01/27
5.54 SEK   +6.54%
2021Therese Lindgren is appointed as new Head of Product at Quickbit
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2021Quickbit Announces Executive Changes
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2021Quickbit launches Quickbit App on the norwegian market
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SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Quickbit expands cryptocurrency offering to include Ethereum

12/02/2021 | 05:31am EST

Quickbit App, which previously supports the use of Bitcoin, Litecoin and Bitcoin Cash, now also supports the cryptocurrency Ethereum.

Ethereum was launched in 2015 and has since grown into the second largest cryptocurrency in the world with a market value of USD 520 billion*. Offering Ethereum to users is an obvious and important step in Quickbit's efforts to simplify the use of cryptocurrency.

Today's release means that users through Quickbit App can now buy, sell and exchange Ethereum as well. Users can also both send and receive Ethereum to and from external cryptocurrencies.

"Our users have long demanded additional currencies, and specifically Ethereum, which makes this release extra important for us. We now offer more choices for the user and thus a more attractive product that is aimed at a wider target group. We will continue to listen to our users and deliver requested products and functionalities", says Hammad Abuiseifan.

For further information, please contact:
Hammad Abuiseifan
Tel: +46 73 095 87 12
hammad@quickbit.com

*Source: CoinMarketCap, 30 November 2021

------------------------------------

Quickbit is a Swedish fintech company, founded in 2016 with the goal of making the integration of cryptocurrencies into the everyday lives of people and companies smoother. Today, Quickbit offers safe and easy-to-use products for e-merchants as well as customers. With a transaction volume to date in excess of E900 million, Quickbit has already enabled and empowered individuals around the world, through the use of cryptocurrencies. Quickbit has been listed on NGM Nordic SME since July 2019. For more information, please visit www.quickbit.com

https://news.cision.com/quickbit-eu-ab/r/quickbit-expands-cryptocurrency-offering-to-include-ethereum,c3463494

https://mb.cision.com/Main/16312/3463494/1504797.pdf

(c) 2021 Cision. All rights reserved., source Press Releases - English

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Financials
Sales 2022 4 236 M 449 M 449 M
Net income 2022 10,0 M 1,06 M 1,06 M
Net cash 2022 180 M 19,1 M 19,1 M
P/E ratio 2022 57,6x
Yield 2022 -
Capitalization 510 M 54,1 M 54,1 M
EV / Sales 2022 0,08x
EV / Sales 2023 0,05x
Nbr of Employees 80
Free-Float -
Chart QUICKBIT EU AB (PUBL)
Duration : Period :
QuickBit eu AB (publ) Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 0
Last Close Price 5,76 SEK
Average target price 11,50 SEK
Spread / Average Target 99,7%
EPS Revisions
Managers and Directors
Hammad Abuiseifan Chief Executive Officer & Director
Simon Afeworki Chief Financial Officer
Mikael Karlsson Chairman
Niklas von Proschwitz Head-Technology
Johan Bj÷rklund Chief Legal & Compliance Officer
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