Sales increased 80% year-on-year, primarily through more merchants joining but also due to a slight recovery following the impact of the preceding year’s revenue restructuring on sales. Merchants numbered 67 at the quarter’s end, up from 29 at the same date last year. Investments in consumer products continued and the Quickbit App launched in the Swedish market in August.

First quarter, July–September 2021 in summary

Significant events during the quarter

For further information, please contact:
Simon Afeworki, CFO
simon@quickbit.com
Tel: +46 76 252 14 75

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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 products for e-merchants as well as customers. With a transaction volume to date in excess of €900 million, Quickbit has already enabled and empowered individuals around the world, through the use of cryptocurrencies. Quickbit has been listed on NGM Nordic SME since July 2019. For more information, please visit www.quickbit.com

This information is such information that Quickbit eu AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the above contact person, on Wednesday, 10 November 2021 at 8:00 a.m CET.