Goobit Group Publishes Annual Report 2022/2023
Goobit Group publishes the annual report for the fiscal year 2022/2023 (1 May 2022 – 30 April 2023).
The complete annual report is available in Swedish on the company's website: https://www.goobit.se/investor-relations/arsredovisningar-och-rapporter.
Summary shareholder letter:
Goobit Group's long-term focus is on leveraging Bitcoin's potential as a transformative force in the financial industry. Over the past year, we strengthened our market position by acquiring Snowbank AB and integrating its brand, technology, and customer base. We are developing global partnerships and striving to improve our relationship with the Swedish banking sector, which could open large growth opportunities for us.
Our AML-Desk service has been successful in preventing money laundering and other illegal activities, helping clients generate AML reports for Nordic banks. Despite facing challenges such as a lack of access to Swedish banking infrastructure, we're actively working to overcome these obstacles.
We see transparency, compliance, and customer security as crucial elements in our business model. Our service offerings are expanding to meet the needs of our diverse client base, including education initiatives and specialized Over the Counter (OTC) services for capital-strong customers.
With upcoming EU regulations like MiCA, we anticipate a significant increase in compliance needs across industries, and we are ready to support European businesses in meeting these requirements.
FULL YEAR 1 MAY 2022 - 30 APRIL 2023 (COMPARED WITH THE CORRESPONDING PERIOD PREVIOUS YEAR)
- Net sales amounted to 91.1 MSEK (344.7)
- Operating result amounted to -15.7 MSEK (-17.5)
- Result after financial items amounted to -21.7 MSEK (-17.9)
- Earnings per share after tax amounted to -0.15 SEK
For further information, please contact:
Christian Ander, CEO, Goobit Group AB
Eminova Fondkommission AB | 08-684 211 10 | firstname.lastname@example.org
About BTCX | Goobit Group
Goobit AB launched the world's first still operating bitcoin exchange BTCX in 2012. It’s Sweden's leading bitcoin and educational company. The company offers exchange services from fiat currencies to bitcoin and has so far exchanged over 2.0 billion SEK. The company's best-known brands are BTCX Express and Standard Bitcoin Exchange (BTCX). In addition to exchange, the company also offers services in anti-money laundering (AML), through AML Desk, and compliance for virtual currencies and digital assets. Goobit Group AB (publ) was registered in 2013 and includes the fully owned subsidiaries Goobit AB, Goobit Blocktech AB and Goobit Exchange AB. Goobit AB services are aimed at private individuals, corporate customers and financial institutions.
For more information, see Goobit's website www.goobit.se