NAGA posts Q1 earnings surge and outlines AI‑driven growth plan

German fintech NAGA reported a strong first‑quarter performance, with EBITDA more than doubling from €1.0 million to €2.3 million and the operating margin rising to 15.8 %. Revenue fell 12 % to €14.4 million, mainly due to currency effects, but the company remains on track to meet its 2026 guidance of 15‑20 % revenue and EBITDA growth.

NAGA said the next priority is to return to a growth trajectory. Trading volume dropped sharply, from €26.9 billion per month in Q1 to €11.7 billion in April‑May. Management is deploying extensive artificial‑intelligence tools to improve key performance indicators and revive volume, hoping to capitalize on the speculative upside that previously drove the share price up more than 300 % in April.

The firm expects revenue to increase to €68‑75 million, which would support an EBITDA target of €10‑15 million. While the outlook remains speculative, the board reiterated confidence in securing larger contracts and restoring momentum.