German Digital Currency Exchange Bitcoin Group SE Reports 2020 Annual Report, Earnings Per Share Up 342%

Dgap.de today reported that German digital currency exchange Bitcoin Group SE announced its annual report for 2020, with revenues of €15 million for the fiscal year, compared to €6.3 million in 2019, an increase based mainly on the growth of trading revenues on cryptocurrency platform Bitcoin.de and a significant increase in commission income. Earnings before interest, taxes, depreciation and amortization (EBITDA) increased fourfold to €10.5 million, compared to €2.6 million in the previous year. Net earnings per share were €1.90, up 342% compared to the previous year (€0.43 per share).

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