DGAP-News

Bitcoin Group SE publishes annual Report 2021 - first dividend payment of EUR 0.10 per share planned - Seite 2

The new services and trading options ensured a welcoming increase in customers in the past financial year. Bitcoin.de had already exceeded the one million customer mark in the first half of 2021. Over the entire 2021 financial year, Bitcoin Group SE was able to win over an average of more than 8,000 new users per month with the advantages of its trading platform.

With an equity ratio of 73.0% (previous year: 73.7%) and cash and cash equivalents of EUR 20.3 million as of the 2021 balance sheet date (previous year: EUR 12.0 million), Bitcoin Group SE is extraordinarily well financed and can continue to flexibly pursue its growth strategy.

"The 2021 financial year was a great success for us, in which we want our shareholders to participate, in the form of a dividend. Overall, we succeeded in reaching new record levels on the growth path. However, we note that the momentum has flattened out over the course of the year. The war in Ukraine, the still uncertain development of the Corona situation and the expectation of rising interest rates are causing increasing uncertainty among capital market participants and a tendency towards decreasing risk appetite. We must clearly reflect these developments in our outlook. Our prominent market position and our solid financial situation are the basis for meeting these challenges," says Marco Bodewein, CEO of Bitcoin Group SE.

In view of the geopolitical situation in Eastern Europe, the continuing uncertain course of the Corona pandemic as well as the gradual exit of major central banks from their expansionary monetary policy, the Management Board of Bitcoin Group AG expects a slight decline in revenues and earnings before interest, taxes, depreciation and amortisation (EBITDA) in the upper single-digit million range for the financial year 2022.

The German Annual Report 2021 is available for download as a PDF document on bitcoingroup.com in the publications section. The English translation will be available at the beginning of June.

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, Dogecoin, Bitcoin Satoshi Vision and Ripple under Bitcoin.de, and 50% of the shares in Sineus Financial Services GmbH, a financial services provider supervised by BaFin.