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23.2.2021 08:00
Loan volume decreased from 2019 due to the COVID-19 pandemic
1.1. - 31.12.2020 in brief
EBIT was 0.6 million euros (1.6).
EBIT margin was 5.5% (11.6).
Adjusted EBIT was 0.6 million euros (2.3).
Adjusted EBIT margin was 5.5% (16.5).
Profit of the financial year was -0.9 million euros (-0.1).
Adjusted profit was -0.9 million euros (0.5).
Earnings per share (EPS) was -0.12 euros (-0.01).
Adjusted earnings per share (Adjusted EPS) was -0.12 euros (0.08).
End balance of the balance sheet was 28.4 million euros (36.0).
Equity at the end of the period was 13.6 million euros (14.5).
Cash and cash equivalents at the end of the period was 3.8 million euros (3.9)
Number of outstanding shares at the end of the period 7 173 625 (7 173 625).
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One driver for the first widely adopted cryptocurrency Bitcoin was to create a store of value that existed
outside of government control. It is therefore no surprise that attempts to regulate the rapidly developing crypto asset market have required great efforts from regulators and legislators around the world to keep apace.
In this blog, we compare key drivers and results of the regulatory approach being taken in the US and UK. While the U.S. is leading the way on the enforcement of crypto regulations, the UK has taken greater steps in relation to banking approvals. With regard to tax treatment, the position is becoming much clearer in both jurisdictions.
Friday, January 8, 2021
One driver for the first widely adopted cryptocurrency Bitcoin was to create a store of value that existed
outside of government control. It is therefore no surprise that attempts to regulate the rapidly developing crypto asset market have required great efforts from regulators and legislators around the world to keep apace.
In this blog, we compare key drivers and results of the regulatory approach being taken in the U.S. and UK. While the U.S. is leading the way on the enforcement of crypto regulations, the UK has taken greater steps in relation to banking approvals. With regard to tax treatment, the position is becoming much clearer in both jurisdictions.