The NAGA Group AG Revises 2025 Financial Guidance Amid Low Market Volatility

The NAGA Group AG has announced an adjustment to its financial guidance for 2025. This decision stems from a year marked by persistent low volatility in global markets, resulting in reduced trading activity and volume. Consequently, these conditions led to lower average revenue per active customer across the sector.

Despite continued efforts to implement operational and integration strategies, the management board acknowledges that these market factors have been more enduring than previously anticipated. As a result, they no longer expect to compensate for the shortfall by the end of the year.

The company now forecasts revenues between EUR 62 million and EUR 66 million, down from the previous estimate of EUR 74 million. This adjustment impacts the expected EBITDA, reducing it to a range of EUR 3 million to EUR 6 million, compared to the earlier projection of EUR 12 million.