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Watch Quickbit's web presentation of Q3 '23/24

Today, May 22, 2024, Quickbit held a web presentation of its quarterly report for Q3 '23/24, which was published on the same day. Daniel Sonesson, CEO, and Daniel Boettge, CFO presented and commented on the report and the business development and answered questions. The web presentation is now available on Quickbit's website under https://investor.quickbit.com/en/financial-reports/ and on Quickbit's YouTube channel https://www.youtube.com/watch?v=W2sxOLtPA2Y   For further information, please contact: Daniel Sonesson, CEO  + 46 73 530 30 25ir@quickbit.com   ---------------

Quickbit publishes Q3 interim report ‘23/24

Quickbit reports sales of € 23.4 million during Q3 ‘23/24 to compare with € 8.9 million during the second quarter ’23/24. This growth is due to increased transaction volumes via Quickbit’s new partners and that Quickbit’s inhouse developed products are now starting to contribute to turnover. The gross margin amounted to 5.4 %. For the fourth quarter '23/24, Quickbit expects to further double its net sales from the third quarter's level while maintaining a gross margin above 4%. After the end of the quarter, Quickit’s liquidity position has been strengthened by approximately € 0.5 million

Quickbit strengthens Group Management with Head of Marketing

Quickbit announces that its management team is being further strengthened. Today, Bas Hagenaars began his role as Head of Marketing at Quickbit and becomes part of the management team.Bas has several years of experience in marketing and holds a Master's degree from Karlstad University in Service Management Research. Previously, Bas worked with marketing automation at companies such as Mynewsdesk and Viaplay Group and has held several roles at Universum, including Global Head of Data Collection. Bas has extensive experience in driving digital marketing campaigns and implementing channels

Invitation to presentation of Quickbit’s Q3 ‘23/24 interim report

Quickbit will publish its interim report for the period 1 January – 31 March 2024 on Wednesday, 22 May 2024, at 08:00 am CET. On the same day at 11:00 am CET Quickbit will organize a web presentation for investors. Daniel Sonesson, CEO, and Daniel Boettge, CFO, will present and comment on the report and the development. During the presentation there will be time for questions in the web presentation. The presentation will be held in English.   The live webcast will be available at the following link: meet.google.com/cvi-zckx-btp   The presentation and report will be

Quickbit announces a financial update

Today, Quickbit announces that net sales in the third quarter are expected to double from the last reported level of 8.9 mEUR, maintaining a gross margin of over 4%.In the most recently reported interim report for the second quarter of '23/24, Quickbit reported a doubling of net sales from 4.4 mEUR to 8.9 mEUR compared to the first quarter. Quickbit now announces that net sales for the third quarter ‘23/24 are expected to double compared to the second quarter, with maintained gross margin.  At the same time, Quickbit and Paysecure have agreed on an interest-free convertible bridge

Quickbit responds to article published in Affärsvärlden

Quickbit announces that the article published this morning by Affärsvärlden about Quickbit and its collaboration partner Paysecure lacks essential information needed to provide a fair picture.This morning, an article by Affärsvärlden revealed information about Quickbit and its collaboration partner Paysecure. Among other things, the article disclosed the absence of licenses for Paysecure. Quickbit and Paysecure initiated a partnership in September 2023, where Quickbit would gain access to Paysecure's payment platform and access to their extensive network of merchants when the business

Quickbit announces that the English translation of the Q2 report is now published on the website

Quickbit announces that the English translation of the quarterly report for Q2 '23/24 which was published in Swedish today at 08.00 is now published on Quickbit's website. https://investor.quickbit.com/en/financial-reports/  For further information, please contact: Daniel Sonesson, VD + 46 73 530 30 25ir@quickbit.com ------------------------------------ Quickbit is a Swedish fintech company, founded in 2016 with the goal of making the integration of cryptocurrencies into the everyday lives of people and companies smoother. Today, Quickbit offers safe and easy-to-use

Quickbit publishes Q2 interim report ‘23/24

Quickbit reports sales of € 8.9 million during Q2 ‘23/24 to compare with EUR 4.4 m during the first quarter '23/24. This growth is due to increased transaction volumes via Quickbit's new partners and that Quickbit's inhouse developed products are now starting to contribute to turnover. The gross margin amounted to 4.8 %.Second quarter, October - December 2023 in summary · Net sales totalled € 8.9 million (81.6). · Gross profit amounted to € 0.4 million (3.4) with a gross margin of 4.8% (4.2%). · Adjusted EBITDA was € -1.6 million (0.8). · EBIT totalled € -4.6 million (-1.1).

Quickbit strengthens Group Management with CTO

Today, Quickbit announces the strengthening of Group Management. Wilhelm Eklund, formerly Tech Lead at Quickbit, will take up a new role as Chief Technical Officer (CTO) and become part of the management team.Wilhelm joined Quickbit in October 2023 and has since that been a key figure in Quickbit's tech team. With his experience in developing and realizing scalability in technical platforms and building quality products, he has contributed, and will continue to contribute, with valuable knowledge and insights in Quickbit's development. Previously, he has, among other things, a background as

Quickbit announces correction regarding board member's acquisition of shares

Today, Quickbit announces a correction regarding the press release that was sent out on December 7, 2023, where Quickbit announced that binding agreements had been entered into with the Board, Group Management and certain other stakeholders regarding the acquisition of shares subscribed by guarantors and which had been for sale.Due to various factors, including the fact that board member Scott Wilson has foreign citizenship, Scott has not been able to acquire his ownership stake, amounting to 60,000 shares, in the block purchase from guarantors announced on December 7, 2023. Therefore,

No fines for Quickbit Limited following investigation in Gibraltar

Quickbit announces today that the Gibraltar Financial Services Commission (GFSC) has now completed its investigation into Quickbit Limited. The investigation has resulted in the revocation of Quickbit Limited's local registration. However, GFSC has found no reason to impose fines on Quickbit Limited.Quickbit previously reported that its subsidiary in Gibraltar had been under investigation by GFSC for deficiencies in customer knowledge processes. These deficiencies were present in the local part of the operation conducted as part of the transaction structure before the start of 2023.

Christmas greetings from Quickbit’s CEO Daniel Sonesson

Quickbit’s CEO, Daniel Sonesson, sends a video-recorded Christmas greeting in which he summarizes the year 2023 and expresses his enthusiasm for advancing Quickbit into its next phase in 2024 - as Quickbit 2.0.   Watch the video in this link:  https://youtu.be/KqNPHNnXJdY   For further information, please contact: Daniel Sonesson, CEO  + 46 73 530 30 25ir@quickbit.com    ------------------------------------ Quickbit is a Swedish fintech company founded in 2016 with the goal of making the integration of cryptocurrencies into the everyday lives of people and

Bulletin from Annual General Meeting in Quickbit eu AB (publ)

Quickbit eu AB (publ), reg. no. 559066-2093 (the ”Company”), has held its Annual General Meeting today, 14 December 2023. At the general meeting, the following resolutions were made.Determination of the accounts and discharge from liability The Annual General Meeting resolved to adopt the income statement and balance sheet as well as the consolidated income statement and consolidated balance sheet for the financial year 2022/2023. The members of the Board of Directors and the CEO were discharged from liability for the financial year 2022/2023. Distribution of earnings The Annual

Quickbit eu AB (publ) adopts dividend policy

On 22 May 2023, the Extraordinary General Meeting in Quickbit eu AB (publ) ("Quickbit") resolved to instruct the Board of Directors to adopt a dividend policy for Quickbit. The Board of Directors of Quickbit has today, 13 December 2023, resolved to adopt the following dividend policy.· The board of directors' top priority is to ensure that Quickbit has a financial position strong enough to support both organic growth and selective acquisitions. In addition, Quickbit wants to maintain a strong balance sheet. The payment of capital to the shareholders must be adapted to profit development and

Quickbit gives update about the acquisition of shares

Today, Quickbit announces that the Board, Group Management and certain other stakeholders have now entered into binding agreements for the acquisition of all shares subscribed by guarantors and which have been for sale.The transaction has been carried out as a so-called block transaction, and includes 7,398,147 shares. The price amounts to SEK 0.41 per share and is the same price as the subscription price in the rights issue that ended in November.  The insiders who have acquired shares in the transaction and each insider's number of acquired shares look as follows:  Peter

Last day for trading with BTA in Quickbit eu AB (publ)

Quickbit eu AB's (publ) rights issue of shares, whose subscription period ended on November 6, 2023, has now been registered by the Swedish Companies Registration Office (Sv Bolagsverket). The company hereby announces that the last day for trading with BTA (paid subscribed share) is December 12, 2023 and that the cut-off date is December 14, 2023. The shares are expected to be distributed to the VP account/depot on December 18, 2023. Number of shares and share capital After registration of the rights issue with the Swedish Companies Registration Office, the number of shares in the

Watch Quickbit’s investor presentation from November 28, 2023

Yesterday, November 28, 2023,  Quickbit held a presentation with subsequent Q&A. The presentation was held digitally and in Swedish. CEO Daniel Sonesson and Chairman Peter Liljeroos told more about Quickbit’s expanded collaboration with Paysecure and outlined the way forward. Quickbit also answered questions submitted in advance and during the presentation. The presentation is now available digitally via the following link:https://youtu.be/v7nkyjtf5n8 For further information, please contact: Daniel Sonesson, CEO  + 46 73 530 30 25ir@quickbit.com    -------------------

Quickbit publishes Q1 interim report ‘23/24

Quickbit reports sales of €4.1 million in Q1 '23/24. At the same time, the gross margin was 4,3%.  First quarter, July – September 2023 in summary · Net sales totalled €4.1 million (68.1).  · Gross profit amounted to €0.2 million (2.9) with a gross margin of 4.3% (4.2). · Adjusted EBITDA was €-1.3 million (1.1).  · EBIT was €-1.9 million (0.1).  · Basic earnings per share amounted to €-0.02 (-0,02).  Events during the quarter ·  Quickbit published the Nomination Committee ahead of the 2023 Annual General Meeting comprising Scott Wilson (appointed by Aurentum

Quickbit expands collaboration with Paysecure

Today, Quickbit announces that it has signed an agreement on extended collaboration with its partner Paysecure. The expanded partnership means that Paysecure will mediate flows of customers and users from its existing transaction structure. Paysecure will also, through active marketing and customer processing of its network, contribute to increased growth in jointly acquired customers. If Paysecure meets certain commercial milestones, they will be compensated with the opportunity to acquire shares in Quickbit. This creates a long-term common business interest.In September, Quickbit began a

Correction: Quickbit publishes Annual Report ‘22/23

Quickbit announces a correction to the press release published yesterday. The correction concerns reference to Material uncertainty relating to going concern in the auditor’s report. The following two paragraphs are added to the press release and are then followed by the original press release from yesterday.From the auditor’s report: “Material uncertainty relating to going concern  Without modifying our opinions above, we want to draw attention to the report of the board of directors on page 34 and to Note 21 in the financial statements which indicate that if the company does not

Quickbit publishes Annual Report ‘22/23

Quickbit’s annual report for the financial year 2022/2023 is now available in Swedish and English at the company’s website https://investor.quickbit.com/en/financial-reports/.  The annual report is available to download in its entirety as a PDF document and a printed copy can be ordered at ir@quickbit.com.   The Annual General Meeting will be held on 14 December 2023.   For further information, please contact: Daniel Sonesson, CEO  + 46 73 530 30 25ir@quickbit.com   The Annual Report is published in Swedish and English. In the event of any differences between the

Quickbit announces upcoming impairment of intangible fixed assets

Today, Quickbit announces that the Board has decided to, in the second quarter of '23/24, write down the value of one of the product platforms that the company acquired during the previous financial year. The write-down amounts to 2.85 mEUR.In August 2022, Quickbit acquired two product platforms from Parman Enterprises UK Limited. As one of the platforms has not yet been put into operation and is no longer intended to be used in Quickbit's operations, the Board, after consultation with the management and Quickbit's auditors, has decided on a write-down of the entire acquisition value

Quickbit sends invitation to a presentation and Q&A

Quickbit invites shareholders and other stakeholders to a presentation with subsequent Q&A on November 28, 2023 at 17.30. CEO Daniel Sonesson and chairman Peter Liljeroos will tell you more about Quickbit's product collaborations and the way forward. The presentation will take place digitally via link. Quickbit welcomes questions in advance, but it will also be possible to ask questions during the presentation by writing in the dialog box while inside the presentation link. Questions can be sent in advance to ir@quickbit.com. To participate, no registration is required and the link to

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