December 2nd, 2021 | 13:23 CET
Attention, the prices are rising: Bitcoin Group, CoinSmart, TeamViewer - Cryptos back in vogue!
Table of contents:
Born in Munich, he first studied economics and graduated in business administration at the Ludwig-Maximilians-University in 1995. As he was involved with the stock market at a very early stage, he now has more than 30 years of experience in the capital markets.
Crypto exchanges - A welcome storage place for surplus goods
For one, there is far too little blockchain understanding in government agencies to even understand, let alone audit, the new token money systems. And then Bitcoin & Co provide another valid reason, which is of utmost importance, especially for inflated currencies like the US dollar. After all, a whole USD 2.7 trillion has disappeared from the money and goods market and migrated into electronic wallets. As a result, they have been removed from the monetary system and are now frolicking on colorful, casino-like exchange platforms. From the perspective of a money printer like the Federal Reserve, the new crypto world is a welcome storage place for surplus goods.
Bitcoin Group - Back on top of the wave
Bitcoin Group continues to benefit from the high interest in cryptocurrencies. The Group generated revenues of EUR 17.7 million at the half-year mark, up from EUR 6.2 million in the same period last year. EBITDA swung upwards to EUR 14.4 million from EUR 4.2 million, an outright threefold increase. The dynamic increase is accompanied by a substantial increase in trading revenue on the crypto platform Bitcoin.de, a commission machine that attracts more volume every day. It can be assumed that this train will continue to move forward at full steam.
In November, a research report was published by GBC. Due to the high scalability of the business model, the experts also expect margin improvements as sales increase. They expect EBITDA of EUR 18.3 million in 2021 and EUR 20.1 million in 2022, with net income growing accordingly to EUR 12.4 million in 2021 and ending at EUR 13.6 million in 2022. In our opinion, this might be too cautious an estimate, as the Company is highly profitable and comparatively independent of cryptocurrency developments. Analysts are very upbeat about the stock and rate it a buy with a price target of EUR 120. That would be a potential of 140%. Our entry tip came at just the right time last time; you could collect the Bitcoin Group then comfortably still under EUR 40, now the price is back above EUR 50 but still highly interesting.
CoinSmart - A new crypto platform from Canada
In Canada, CoinSmart Financial Inc (SMRT) has been tradable on the stock exchange since the beginning of November. It is the operating Company of the eponymous crypto platform CoinSmart. Those who want to invest in cryptocurrencies but have little idea about the matter are in precisely the right place at CoinSmart, according to the Company's current advertising.
A very user-friendly cryptocurrency platform, CoinSmart is Canada's answer to the fast-growing crypto industry. Founded in 2018 by Justin Hartzman and Jeremy Koven, the Company is the solution for Canadian citizens who have difficulty using and verifying with other crypto exchanges and platforms. The platform focuses its technology on being beginner-friendly while providing a bouquet of modern crypto services. There are many challenges here in terms of training, verification and security. CoinSmart has working solutions here.
The result of long developments is a multifunctional platform that can provide fast verification, educational resources and tools, and top banking quality security. An easy-to-use interface provides connectivity to a whole range of FIAT currencies that are eligible for exchange. The platform also offers advanced features such as charts, market comparisons, price information, and technical analysis for advanced traders.
The first figures have been reported: With a monthly turnover of CAD 1.8 million, assets under management amount to CAD 74 million. Owned cash and crypto holdings add up to CAD 21 million, or CAD 0.35 per share, as of Nov. 29, 2021. In addition, CoinSmart is debt-free - making its setup promising. The stock completed a roaring stock market debut in Canada and reached a starting valuation of CAD 100 million; it can also be purchased in Frankfurt.
TeamViewer - Someone is collecting here
Another quick update on TeamViewer. The stock is currently trading in a very volatile manner. In the last few days, turnover has gone through the roof. Just when a new all-time low of EUR 11.32 was marked in mid-November, the daily volume doubled. The average turnover in the share is around 2 million shares per day; however, yesterday, there were suddenly 15.2 million shares, most of which entered the market via the Xetra auction in the evening.
There has not yet been an AdHoc report on the unusual turnover, but those involved still have four days to report. In addition, there are also numerous management changes. The feeling of an active stock market player says: "There are big changes in the shareholder base here!". Therefore, there should be some news from the Company's IR department soon. You can read more about the TeamViewer share in detailled report on www.researchanalyst.com - a few speculative plays could pay off in the short term!
Rising inflation requires more creativity when investing. That is why crypto platforms have become highly relevant; they are a reflection of new digital markets. Bitcoin Group, CoinSmart and TeamViewer are fully digitalized in their business model and offer investors access to a new world.
Conflict of interest
Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") may in the future hold shares or other financial instruments of the mentioned companies or will bet on rising or falling on rising or falling prices and therefore a conflict of interest may arise in the future. conflict of interest may arise in the future. The Relevant Persons reserve the shares or other financial instruments of the company at any time (hereinafter referred to as the company at any time (hereinafter referred to as a "Transaction"). "Transaction"). Transactions may under certain circumstances influence the respective price of the shares or other financial instruments of the of the Company.
Furthermore, Apaton Finance GmbH reserves the right to enter into future relationships with the company or with third parties in relation to reports on the company. with regard to reports on the company, which are published within the scope of the Apaton Finance GmbH as well as in the social media, on partner sites or in e-mails, on partner sites or in e-mails. The above references to existing conflicts of interest apply apply to all types and forms of publication used by Apaton Finance GmbH uses for publications on companies.
Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and etc. on news.financial. These contents serve information for readers and does not constitute a call to action or recommendations, neither explicitly nor implicitly. implicitly, they are to be understood as an assurance of possible price be understood. The contents do not replace individual professional investment advice and do not constitute an offer to sell the share(s) offer to sell the share(s) or other financial instrument(s) in question, nor is it an nor an invitation to buy or sell such.
The content is expressly not a financial analysis, but rather financial analysis, but rather journalistic or advertising texts. Readers or users who make investment decisions or carry out transactions on the basis decisions or transactions on the basis of the information provided here act completely at their own risk. There is no contractual relationship between between Apaton Finance GmbH and its readers or the users of its offers. users of its offers, as our information only refers to the company and not to the company, but not to the investment decision of the reader or user. or user.