Goobit Group AB publishes its Interim Report Q3 2023/2024, 1 November 2023 - 31 January 2024


Goobit Group AB (“Goobit” or “the Company”) has published its Q3 Interim Report for the fiscal year 2023/2024, available on The quarter highlighted Goobits strategic progress, continued operational improvements, and strong focus on regulatory compliance. The Company encourages everyone to read the full report.

Overview Financial Results for Goobit Group AB (publ) (“the Company” or “Goobit”)

Q3, 1 NOVEMBER 2023–31 JANUARY 2024


  • Net sales amounted to 28.0 MSEK (26.0).
  • Operating profit amounted to -2.7 MSEK (-4.0). The period includes lawyer costs attributable to the rights issue which are considered non-recurring.
  • Income after financial items amounted to -2.8 MSEK (-4.1).
  • Earnings per share before and after dilution amounted to -0.009 SEK (-0.03).

Important Event During the Period

  • Christian Ander, the CEO of Goobit met with Charlotte Petri Gornitzka, the Director General of the Swedish Civil Contingencies Agency (MSB). The meeting is a continuation of Goobit’s work to educate governments, and specifically the potential for Sweden to use Bitcoin as a protocol to facilitate a robust and incorruptible digital infrastructure. This meeting marks a significant step in Goobit’s mission to facilitate Bitcoin adoption and underscores the company’s commitment to collaborating with government agencies both from a compliance and AML perspective, but also as an educational partner. Goobit has had a number of educational workshops such as with the Government of Madeira, Spelinspektionen and Finansinspektionen.

Shareholder letter

Dear Goobit shareholder and Bitcoin believer, our growth momentum is accelerating!

When I say "our," I'm referring to both Goobit and Bitcoin. Both are bolstered by the same incredible, ever-expanding global community that champions this new world reserve asset and recognizes the myriad benefits it will bring to society.

How will this transformation occur? Through building.

The unique decentralized Bitcoin ecosystem evolves, adoption is on the rise, tapping into new use cases and making inroads into the traditional financial world via the highly successful launch of BTC exchange-traded funds (ETFs) in the US. At the same time, at Goobit, we're fully committed to laying the groundwork for our next phase of expansion.

There has never been a more opportune time for building in this space. The remarkable ascent of BTC this year, shattering price records one after another, merely reflects much larger shifts in the global landscape. Society is awakening to the unsustainable nature of fiat currencies, and the ever-expanding pyramid of global debt, and recognizes Bitcoin, the scarcest asset in the world, as the solution to these challenges.

Yes, we mustn't be naive and overlook the fact that much of the recent rally in BTC, sparked by ETFs, is driven by speculation and FOMO (fear of missing out), and many investors have yet to grasp Bitcoin's full potential. However, education begins precisely in this manner - by embracing the technology - and more BTC holders will inevitably come to understand the true power it offers.

Goobit is strategically positioning itself at both ends of this spectrum - diligently serving as many BTC traders as possible while simultaneously educating individuals about the significance of this technology, thereby fostering the growth of both Bitcoin and Goobit's user bases.

Here's how our strategy will enable us to achieve these intertwined goals:

  • We're diligently developing our go-to-market strategy for the EU, aligning with the implementation of MiCA (Markets in Crypto-Assets) regulation this year. Once everything is in place and our MiCA licence is secured, we'll extend our services throughout the entire European Economic Area, unlocking exciting new growth opportunities for our group and creating even more value for our shareholders.
  • To support this growth, we're not solely reliant on the MiCA licence. As you may already know, Goobit completed its rights issue on November 10, 2023, notably oversubscribed at 124.45% of the planned target, raising a total of 9,864,489.53 SEK before issue costs. This fresh capital has already been deployed to fund operations, accelerate growth, enhance products, add additional payment methods, and solidify the company's market position.
  • Moreover, we see numerous opportunities to diversify the Bitcoin user base. Following Goobit's participation in marketing and communication activities at Dreamhack, one of Europe's largest esports events, we observed a significant increase in trading volume in the days that followed. Next, we aim to convey a clear message that BTCX advocates for equality and an inclusive financial world for all. Therefore, with our exclusive Bitcoin event for women this March, we've initiated another effort to onboard more women into the Bitcoin ecosystem, as investors, users, developers, entrepreneurs, and more.
  • But that's not all. We're continuing our efforts to educate the public sector about Bitcoin. Recently, I met with Petri Gornitzka, the Director-General of the Swedish Civil Contingencies Agency (MSB), as part of our ongoing endeavour to educate governments on leveraging the Bitcoin protocol to build a robust and incorruptible digital infrastructure. Currently, we're in discussions with the Human Rights Foundation and Samson Mow of JAN3, a Bitcoin technology company, regarding new international educational initiatives.

Additionally, to put our words into action, Goobit is strategically investing in bitcoin, resulting in a favourable portfolio up until March 14th, with a holding of 11.91BTC (SEK 8,900,000), further solidifying our position. As the fourth Bitcoin halving approaches, cutting the supply of new BTC to the market in half this April, at a time when demand for BTC is rapidly increasing, we believe this investment is poised to appreciate even further.

Furthermore, the company has successfully migrated its listing venue to the Nordic Growth Market, a subsidiary of Börse Stuttgart, providing Goobit with a higher level of service and a more Bitcoin-friendly partner for collaboration.

You may have already noticed our transition from the traditional orange/gray color scheme to a vibrant magenta shade. Among other things, this bold color symbolizes harmony and balance. I believe this is precisely what Bitcoin will bring to the world after the current rebellious phase, which may still take many years to unfold.

And let me reiterate - we're in this for the long haul.

The story of Bitcoin is far from complete; in fact, it's entering its most exhilarating chapter yet. As custodians of this groundbreaking technology, we at Goobit recognize the immense responsibility and opportunity before us. We're not merely witnessing history; we're shaping it, driven by a shared vision of a future where Bitcoin empowers every individual with financial autonomy and opportunity.

Thank you for believing in Bitcoin and us. Let's GrOw!

Warm regards,
Christian Ander, CEO
Mars 2024
Goobit Group AB (publ)

Read the full IInterim Report on

For further information, please contact:
Christian Ander, CEO, Goobit Group AB

About Goobit Group | BTCX
Goobit Group AB (publ) operates in the financial sector. The company launched the world's longest running Bitcoin exchange BTCX in 2012. Goobit is Sweden's leading Bitcoin company in financial services and education. The company offers exchange services of fiat currencies to Bitcoin and has so far exchanged over 2.0 billion SEK. The company's most well-known brands are BTCX Express and Standard Bitcoin Exchange (BTCX). In addition to exchange services, the company also offers services in anti-money laundering (AML Desk) and compliance for crypto assets. Goobit Group AB (publ) was registered in 2013 and is a group with operations in the wholly-owned subsidiaries Goobit AB, Goobit Blocktech AB, and Goobit Exchange AB. Goobit AB targets private individuals, corporate customers, and financial institutions. The group has its headquarters in Gamla Stan, Stockholm, Sweden.

For more information, see Goobit's website

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