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

The first quarter of 2022 has been a historical period for our company. We accomplished a lot and achieved our main goals in this quarter, which were: 

  • We successfully closed our IPO transaction on Nasdaq First North;
  • We signed a partnership with a Swiss bank, our first B2B customer;
  • We continued to grow our customer base and kept our financial performance within a healthy boundary despite a challenging crypto market environment. 

These achievements were accompanied by building up the organization and achieving significant financial results. Our revenues reached CHF 2.5 million in the first quarter of 2022, which is 8.7% higher than average quarterly revenues during the previous year. Operating profit in the quarter was CHF 600,363, while Net profit was CHF 126,828.

The first quarter of 2022 (compared to the first quarter of 2021):

  • Revenues decreased to CHF 2,459,889 (CHF 3,284,299)
  • EBITDA amounted to CHF 600,363 (CHF 1,943,444)
  • Net profit for the period was 126,878 (CHF 1,943,444)
  • Earnings per share amounted to CHF 0.01 (CHF 0.03)


On the retail business side, we managed to further grow the user numbers. As per the 31st of March 2022 the number of signed-up users reached 45,600, up 46% from 31,289 in Q1 2021. SMART VALOR followed this trend, with CHF 33.5 million in transactions executed on the platform. The total transaction volume increased by 116% compared to the first quarter in the previous year and the number of executed orders increased by 45%.

"Overall, the management team and the board view the result of the first quarter as positive and goals as achieved despite the shift to the negative dynamic in the crypto and stock markets which happened during this time. This is a great achievement for our team and our company and we would like to express gratitude to all of our stakeholders in making this possible" said Oliver Feldmeier, CEO of SMART VALOR.

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 below, at 17.45pm GMT on May 31st 2022.

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]

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]

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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