Goobit Group AB publishes its Interim Report Q3 2024/2025, 1 November 2024 - 31 January 2025
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Goobit Group AB publishes its Interim Report Q3 2024/2025, 1 November 2024 - 31 January 2025

Goobit Group AB (“Goobit” or “the Company”) has published its Q3 Interim Report for the fiscal year 2024/2025, available on goobit.se. This quarter demonstrated significant growth in net sales alongside strategic initiatives aimed at expanding Bitcoin adoption and reinforcing regulatory compliance. The Company encourages everyone to read the full report.

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

Q3, 1 NOVEMBER 2024 – 31 JANUARY 2025

– COMPARED WITH THE CORRESPONDING PERIOD OF THE PREVIOUS YEAR –

  • Net sales amounted to 186.43 MSEK (28.0).
  • Operating profit amounted to 0.84 MSEK (-2.7).
  • Income after financial items amounted to 0.65 MSEK (-2.8).
  • Earnings per share before and after dilution amounted to 0.002 SEK (-0.010)

Important Events During the Period

  • Goobit Group AB has entered into a partnership with the Stockholm Junior Chamber of Commerce (JCI Stockholm), part of the global Junior Chamber International network. The partnership aims to provide entrepreneurs with access to the Bitcoin economy through Goobit’s trading platform, BTCX.
  • Goobit Group AB has achieved a preliminary positive EBIT of 4.5 MSEK and total revenue of 163.4 MSEK for the month of November 2024. This compares to a loss of 1,3 MSEK and total revenue of 9,1 MSEK in November 2023.

Important Events After the Period

  • Goobit AB is strengthening its commitment to transparency and compliance by integrating ESG data through Crypto Risk Metrics. Goobit as a result becomes the first Swedish company to integrate MiCA compliant ESG-disclosures.
  • Goobit AB and its trading platform, BTCX, are now launching Sweden's first Bitcoin podcast for women – Women & Bitcoin, available on Spotify. The goal is to expand participation in the digital economy and inspire more women to explore Bitcoin.

Shareholder letter - Goobit Group AB

Dear Shareholders,

The past quarter has been a pivotal period for Goobit Group AB, marked by strong financial performance, significant strategic partnerships, and key initiatives to expand Bitcoin adoption. We are proud to share the progress we have made as we continue our mission to make Bitcoin accessible and beneficial to all.

I am thrilled to see the impact of our efforts in building the most reliable and customer-focused OTC service on the market. This result is a testament to our commitment to transparency, trust, and delivering the best value to our clients.

Strengthening Inclusion in the Bitcoin Economy

We believe Bitcoin is for everyone, and our latest initiative, Women & Bitcoin, Sweden’s first Bitcoin podcast for women, reflects our dedication to inclusivity in the digital economy. Hosted by Rebecka and Hani, this podcast is designed to break the myth that Bitcoin is reserved for tech enthusiasts and finance professionals. It provides an accessible and engaging platform for women to explore Bitcoin through discussions, knowledge-sharing, and inspiring guest interviews.

Bitcoin is simple, exciting, and for everyone. But if we don’t get on board now, we risk watching the train leave the station with only men on board.” - Rebecka, co-host of Women & Bitcoin.

By fostering an inclusive community, we aim to empower more individuals to take control of their financial future with Bitcoin.

Commitment to Transparency & Compliance

Regulatory compliance is a cornerstone of our business strategy, and we are taking proactive steps to ensure full adherence to The Markets in Crypto-Assets Regulation (MiCAR). In this regard, we have partnered with Crypto Risk Metrics to integrate ESG data into our reporting framework. This partnership enhances transparency and strengthens our positioning for international expansion. By setting a high standard in ESG disclosure, we continue to demonstrate our commitment to responsible and sustainable growth in the crypto sector.

Adding Goobit as the first Swedish exchange to make their move in regards to Crypto ESG data and then choosing us is of course very much welcome. We now do expect others to move in the Nordics as well - and we are ready!” - Tim Zölitz, CEO, Crypto Risk Metrics.

Expanding the Bitcoin Economy for Entrepreneurs

Goobit has entered into a strategic partnership with the Stockholm Junior Chamber of Commerce (JCI Stockholm), a key player in developing young leaders and entrepreneurs. Through this collaboration, we aim to provide small business owners with the knowledge and tools to accept Bitcoin payments and integrate Bitcoin into their business models.

This initiative aligns with our vision of making Bitcoin not just a currency, but an essential part of a modern digital economy. Through this partnership, we offer businesses the opportunity to:

  • Accept borderless payments - enabling seamless global transactions without intermediaries.
  • Future-proof operations - providing an alternative hedge against inflation.
  • Increase security - ensuring transparent and fraud-resistant transactions.

Bitcoin is more than just a new form of currency - it represents an entirely new economy. Through our partnership with JCI Stockholm, we are committed to showing small business owners how simple and secure it is to embrace the digital economy. Across Sweden, an increasing number of entrepreneurs are discovering Bitcoin, opening doors to new customers and opportunities. BTCX remains steadfast in supporting businesses by providing expertise in marketing, taxation, technical solutions, and seamless exchange to Swedish kronor.

Looking Ahead

As we move into 2025, we remain focused on accelerating Bitcoin adoption, expanding our services across borders, and ensuring compliance with upcoming EU regulations. With a solid financial foundation and a commitment to transparency, we are positioned for sustainable growth in an evolving digital asset landscape.

We thank you, our shareholders, for your continued trust and support. Together, we are building the future of Bitcoin in Sweden and beyond.

Sincerely,

Christian Ander, CEO
March 2025
Goobit Group AB (publ)

For further information, please contact:
Christian Ander, CEO, Goobit Group AB
Email: [email protected]


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 www.goobit.se

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