DGAP-News: The NAGA Group AG / Key word(s): Monthly Figures/Product Launch 
The NAGA Group AG: Growth path continues, record transactions and volumes in 
the current Q4. Hauck & Aufhäuser starts coverage and gives NAGA a 'BUY' 
rating and a target price of EUR 5.90. 
 
2020-12-10 / 11:51 
The issuer is solely responsible for the content of this announcement. 
 
*NAGA: Growth path continues, record transactions and volumes in the current 
Q4. Hauck & Aufhäuser starts coverage and gives NAGA a "BUY" rating and a 
target price of EUR 5.90.* 
 
*- Trading volume in ongoing Q4 at a record level* 
 
*- New record of transactions in November* 
 
*- NAGA Pay launched with millions in transaction volume* 
 
Hamburg, December 10th, 2020 - The NAGA GROUP (XETRA: N4G, ISIN: 
DE000A161NR7), provider of the social network for financial market trading 
NAGA.com, reports sustained growth at a high level in the months of October 
and November on its digital trading platform NAGA.com. 
 
The number of real money transactions is at a record level. With a total of 
1.3 million transactions and new monthly records in October with 645,000 and 
November with 680,000 the Q4 figure will clearly surpass the record of Q3 
2020 (1.5 million transactions). At the same time, the trading volume in the 
current fourth quarter has already exceeded EUR 25 billion (Q3 2020: EUR 33 
billion) and will therefore also reach a record level. 
 
"We are fully on track to achieve our annual targets. We are pleased that 
our investments in Marketing & Sales are bearing fruits and that we can 
continue to expand and improve our customer base, customer activity and the 
entire platform. NAGA has found a growth formula that enables it to grow in 
a precise way, fully, digitally and on a global level. The market potential 
is promising and the industry is growing - especially due to accelerated 
digitization, the topic of investing is more popular than ever", summarizes 
the CEO Benjamin Bilski. 
 
NAGA GROUP AG also announces that the analysts from Hauck & Aufhäuser 
Research have started coverage of The NAGA GROUP share. Analyst Frederik 
Jarchow gives a buy recommendation with a price target of EUR 5.90. This 
corresponds to an upside potential of around 80%. In the initial study, 
Hauck & Aufhäuser particularly highlights the successful global rollout and 
digital marketing strategy and underlines the unique symbiosis of a trading 
and social media platform, which should lead to high YoY sales growth in the 
coming years and an increasing EBITDA margin. 
 
The full research study is available for download on the website at 
www.ir.naga.com in the "Publications" section. 
 
Bilski comments on the initial coverage: "We are delighted that Hauck & 
Aufhäuser Research started covering our share. It is one of the most 
renowned sources of information at hand which provides as objective as 
possible an assessment of our growth potential. The FinTech market is 
growing rapidly and the NAGA GROUP has all the characteristics to grow with 
it. It also confirms that we want to increase the transparency of our 
company and deal more intensively with investor relations. We are pleased 
that we can point out the future opportunities of the NAGA GROUP to other 
private and institutional investors on a wider scale." 
 
NAGA GROUP also reports on the successful launch of the neo banking app NAGA 
Pay. The mobile digital bank and the card program recorded over 6,000 users 
and over EUR 2.5 million in transaction volume in the first 21 days after 
launch. The app offers users a free IBAN account as well as a Mastercard and 
a crypto wallet using fully digital onboarding. Shortly before Christmas, 
the stock trading feature will be released within the app. At the beginning 
of the year 2021, NAGA will officially start the promotion of the app. 
 
### 
 
*About NAGA* 
 
NAGA is an innovative ?ntech company that has developed a socially enhanced 
?nancial system that creates a uni?ed and seamless experience across 
personal ?nance and investing. Its proprietary platform offers a range of 
products ranging from trading, investing, and cryptocurrencies to a physical 
Mastercard and social investing features such as a Feed, a Messenger and 
Auto-Copy. NAGA is a synergistic all-in-one solution that's accessible and 
inclusive, and that provides a better way to trade, invest, connect, earn, 
acquire and pay, across both ?at and crypto. 
 
2020-12-10 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:     The NAGA Group AG 
             Hohe Bleichen 12 
             20354 Hamburg 
             Germany 
E-mail:      info@naga.com 
Internet:    www.naga.com 
ISIN:        DE000A161NR7 
WKN:         A161NR 
Indices:     Scale 30 
Listed:      Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt 
             (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange 
EQS News ID: 1154300 
 
End of News DGAP News Service 
 
1154300 2020-12-10

(END) Dow Jones Newswires

December 10, 2020 05:51 ET (10:51 GMT)