NAGA Group AG (ETR: N4G0), the Hamburg-based social trading and fintech company, announced a significant turnaround milestone: its first profitable first quarter in the company's history.
Q1 2026 Financial Results
- Revenue: €14.4 million
- EBITDA: €2.3 million (margin: 15.8%)
- Net profit: €0.5 million (vs net loss of €1.7 million in Q1 2025)
- Trading volume: $80.7 billion ($27 billion monthly average)
- New registered users: 87,500
- Funded accounts opened: 4,903
- Total registered users: Over 2.5 million globally
Key Drivers
The profitability milestone was driven by AI-enhanced operational efficiencies across marketing, customer support, and onboarding, combined with improved trading conditions resulting from elevated FX and commodity volatility linked to geopolitical developments in the Middle East. NAGA's social trading infrastructure — which allows users to copy expert traders — proved particularly attractive during volatile market conditions.
2026 Full-Year Guidance Confirmed
Management reaffirmed full-year guidance of €68–75 million in revenues and €10–15 million in EBITDA, underpinned by continued user growth and operational leverage from the AI-driven cost base.
CEO Statement
"We delivered our first profitable first quarter while significantly improving our EBITDA margin. Our AI-driven approach is yielding tangible results, and we are confident in delivering on our full-year 2026 targets."
— Octavian Patrascu, CEO, NAGA Group
About NAGA: NAGA is a regulated European fintech offering trading in stocks, CFDs, forex, and crypto alongside social and copy-trading features to over 2.5 million users across 100+ countries.