NAGA’s Stock to Shrink Tenfold in Reverse Split, Closing Gap With Peers

Thursday, 11/12/2025 | 18:03 GMT by Jared Kirui
  • The reverse split aims to make NAGA’s shares eligible for investors restricted from buying low-priced stocks.
  • It will reduce the company’s share capital from €232.8 million to €23.3 million.
Naga

Global fintech firm NAGA Group has announced a 10-to-1 reverse stock split. The move seeks to reposition the company’s share price within a range more typical of its peers and to strengthen its standing among institutional and international investors.

NAGA Targets a More Balanced Valuation

NAGA’s management framed the reverse stock split as a purely technical measure designed to improve perception and trading flexibility. CEO Octavian Patrascu acknowledged that while the firm has restructured operations and reinforced its finances over the past two years, its share price has not mirrored that progress.

"With the reverse stock split, we aim to place the share price in a range that is more comparable to our peers, support improved visibility among investors whose mandates restrict investments in low-priced stocks, and ensure a clearer basis for strategic initiatives," Patrascu said.

The adjustment also seeks to make NAGA’s shares more accessible to institutional investors, some of whom are limited by mandates forbidding purchases of stocks below certain price levels.

The Share Consolidation Cuts NAGA’s Capital Tenfold

The reverse split, approved at the company’s Annual General Meeting in July 2025, reduces NAGA’s share capital from €232.8 million to €23.3 million, in line with German corporate law.

The number of registered shares will drop from approximately 232.8 million to 23.3 million. Importantly, the decrease will fully transfer to the capital reserve rather than being used to cover losses.

You may also like: NAGA Joins Financial Super App Trend With Planned Year-End Launch

According to the company, shareholders will see the changes reflected in their brokerage accounts starting December 16, 2025. Custodial banks will manage the conversion process and inform investors about any fractional holdings arising from the share consolidation.

NAGA Grows Revenue in the First Half of 2025

NAGA has been expanding its offering, more recently entering the competitive space of fintech firms developing comprehensive “super apps” that unify banking, trading, and payment solutions under one digital ecosystem.

The group maintained its growth momentum in the first half of 2025, posting slight revenue gains while allocating more resources to marketing in order to expand its user base for the company’s all-in-one “financial super app.”

Its revenues of €32.2 million for the six months ended June 30, a 2% increase from €31.6 million a year earlier. Net revenues rose 3% to €28.9 million, and EBITDA improved 8% to €3.0 million, even as marketing expenses grew. The results build on the company’s full-year 2024 performance, when it recorded €62 million in revenue and achieved cash break-even.

Global fintech firm NAGA Group has announced a 10-to-1 reverse stock split. The move seeks to reposition the company’s share price within a range more typical of its peers and to strengthen its standing among institutional and international investors.

NAGA Targets a More Balanced Valuation

NAGA’s management framed the reverse stock split as a purely technical measure designed to improve perception and trading flexibility. CEO Octavian Patrascu acknowledged that while the firm has restructured operations and reinforced its finances over the past two years, its share price has not mirrored that progress.

"With the reverse stock split, we aim to place the share price in a range that is more comparable to our peers, support improved visibility among investors whose mandates restrict investments in low-priced stocks, and ensure a clearer basis for strategic initiatives," Patrascu said.

The adjustment also seeks to make NAGA’s shares more accessible to institutional investors, some of whom are limited by mandates forbidding purchases of stocks below certain price levels.

The Share Consolidation Cuts NAGA’s Capital Tenfold

The reverse split, approved at the company’s Annual General Meeting in July 2025, reduces NAGA’s share capital from €232.8 million to €23.3 million, in line with German corporate law.

The number of registered shares will drop from approximately 232.8 million to 23.3 million. Importantly, the decrease will fully transfer to the capital reserve rather than being used to cover losses.

You may also like: NAGA Joins Financial Super App Trend With Planned Year-End Launch

According to the company, shareholders will see the changes reflected in their brokerage accounts starting December 16, 2025. Custodial banks will manage the conversion process and inform investors about any fractional holdings arising from the share consolidation.

NAGA Grows Revenue in the First Half of 2025

NAGA has been expanding its offering, more recently entering the competitive space of fintech firms developing comprehensive “super apps” that unify banking, trading, and payment solutions under one digital ecosystem.

The group maintained its growth momentum in the first half of 2025, posting slight revenue gains while allocating more resources to marketing in order to expand its user base for the company’s all-in-one “financial super app.”

Its revenues of €32.2 million for the six months ended June 30, a 2% increase from €31.6 million a year earlier. Net revenues rose 3% to €28.9 million, and EBITDA improved 8% to €3.0 million, even as marketing expenses grew. The results build on the company’s full-year 2024 performance, when it recorded €62 million in revenue and achieved cash break-even.

About the Author: Jared Kirui
Jared Kirui
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About the Author: Jared Kirui
Jared is an experienced financial journalist passionate about all things forex and CFDs.
  • 2465 Articles
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