Correction: SMART VALOR Publishes Preliminary Year-End Report for 2021

The initial press release did not include a financial summary or MAR stamp, both of which are included in this amended release.

2021 was the most successful year in the history of the Company, founded in 2017. The preliminary year-end report provides an overview of the highlights of 2021 such as:

  • Exceptionally strong user and volume growth on the retail exchange
  • Establishment of a B2B service offering
  • Becoming the first NASDAQ-listed digital asset exchange in Europe

These achievements were accompanied by building up the organization and achieving significant financial results. Our revenues grew 231% year on year, from CHF 2.7 million in 2020 to CHF 9.1 million in 2021, while operating profit increased by 745% to CHF 2.3 million.

The second half of 2021 (compared to the second half of 2020)

  • Revenues increased to CHF 3,712,731 (CHF 2,088,004)
  • EBITDA amounted to CHF 177,843 (CHF 624,437)
  • Net loss for the period was -1,239,050 (CHF -603,938)
  • Earnings per share amounted to CHF -0.10 (CHF -0.05)

Full year 2021 (compared to full year 2020)

  • Revenues increased to CHF 9,052,922 (CHF 2,736,000)
  • EBITDA amounted to CHF 2,307,520 (CHF 261,509)
  • Net loss for the period was CHF -574,330 (CHF -1,443,118)
  • Earnings per share amounted to CHF -0.05 (CHF -0.12)

On the retail side, during this year we focused on building out the technical infrastructure, listing additional digital assets and establishing a marketing presence. The number of trading pairs available on the exchange grew from 63 to 176 as of December 2021. With these efforts the number of transactions reached 220,691 representing a 2,607% increase over the year before. The transaction volume increased by 2,150% to CHF 119.6 million and the customer base grew by 207% year on year.

In 2021 SMART VALOR's technical team developed its B2B Crypto-as-a-Service for banks and fintechs, which enables them to offer digital assets to their customers through API integration with SMART VALOR. The company moved beyond the concept to implementation, with the engagement of a Switzerland-based bank.

In the same year SMART VALOR became the first Nasdaq-listed digital asset exchange in Europe and the first company from the Swiss Crypto Valley to go public. The oversubscribed offering brought a total of CHF 13 millions of new funds into the company, based on a CHF 87 million post-money valuation. This will help to further build SMART VALOR's status as a trusted partner for B2B and retail business.

Blockchain technology and the shift to Web3 and metaverse will allow us to move towards a better, fairer and more equal society. The way there is paved with courage and hard work, to which we jointly contribute. We are confident that together with our investors and stakeholders we can continue to reach new highs and build another great company.

For additional information, please contact
Olga Feldmeier, Chairman of the board and Co-founder
Email [email protected]

Adrian Faulkner, General Counsel
Mobile: +44 779 695 0688
Email: [email protected]

This information is information that SMART VALOR is obliged to make public pursuant to the EU Market Abuse Regulation (596/2014). The information in this press release has been published through the agency of the contact persons set out above, at 21:49 on March 31 2022.

Certified Adviser
Mangold Fondkommission AB is acting as the Company's Certified Adviser and can be reached on phone number +46 8 5030 1550 and [email protected].

PR Contact

Jonas Burvall

Mobile: +46 79 340 22 08

Email: [email protected]

About SMART VALOR
SMART VALOR is a Swiss company which acts as trusted gateway to digital assets and blockchain technology for investors and institutions. It operates a publicly accessible digital asset exchange, custody and asset management and offers its technology as Crypto-as-a-Service to financial institutions. SMART VALOR was one of the first crypto companies to receive a financial intermediary status in Switzerland in 2018. In 2020, the FMA approved SMART VALOR as an exchange and custodian under the Blockchain Act of Liechtenstein, one of the most advanced regulatory frameworks in Europe today. SMART VALOR became the first digital asset exchange in Europe listed on Nasdaq First North. Its shares are listed as SDRs (Swedish depositary receipts) on Nasdaq Stockholm First North, Growth Market.

SMART VALOR and Dukascopy launch service for fast and easy crypto transfers and trading

Swiss-based financial institutions SMART VALOR and Dukascopy Bank have partnered with the aim of simplifying the purchase and trading of cryptocurrencies. By linking their SMART VALOR account and their Dukascopy Bank account, customers will benefit from fast and convenient transactions in digital assets. Dukascopy clients will receive access to 176 digital asset pairs on the SMART VALOR platform. The integration has been completed and tested. The service will be available for all Dukascopy and SMART VALOR from 6 July 2022.


Bulletin from the Annual General Meeting in SMART VALOR AG on 29 June 2022

The Annual General Meeting (the "AGM") in SMART VALOR AG (the "Company" or "SMART VALOR") was held today at 19:00 CEST in the offices of PST legal & consulting, Baarerstrasse 10, 6300 Zug. Holders of Swedish Depositary Receipts have been able to vote by proxy before the AGM. All resolutions were passed with the required majority in accordance with the previously announced resolution proposals. The main resolutions adopted by the AGM are summarized below.


SMART VALOR publishes annual report 2021

SMART VALOR AG ("SMART VALOR" or the "Company"), the first and only full-service digital asset exchange operating under the regulation of Switzerland and Liechtenstein, publishes the company's annual report for 2021, including figures based on audited financial statements. The report is available in English on the company's website.



SMART VALOR Publishes Q1 Report for 2022

SMART VALOR AG publishes the company's Q1 Report for 2022. The report is available in English on the company's website


ANNUAL GENERAL MEETING IN SMART VALOR AG

Holders of Swedish Depository Receipts ("SDRs") are hereby invited to vote by proxy at the Annual General Meeting ("AGM") of SMART VALOR AG, reg. no. CHF-306.481.585 (the "Company" or "SMART VALOR"), which will be held on 29 June 2022 at 14:00 CEST in the offices of PST legal & consulting, Baarerstrasse 10, 6300 Zug.

The convening notice in full, including the agenda of the shareholders meeting, will be available together with other AGM related documents on the Companys website www.smartvalor.com/en.



A senior Nasdaq executive joins SMART VALOR management team

As of 2 May 2022, Niclas Holmberg has taken on the position of Commercial Director at SMART VALOR AG, after his six-year tenure as Managing Director Global Listings at Nasdaq in Sweden. Niclas takes over the lead for B2B business and partnerships with banks and fintech companies as well as investor relations.  


Correction: SMART VALOR Publishes Preliminary Year-End Report for 2021

The initial press release did not include a financial summary or MAR stamp, both of which are included in this amended release.


SMART VALOR Publishes Preliminary Year-End Report for 2021

SMART VALOR AG publishes the company's preliminary year-end report for 2021. The report is available in English on the company's website


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