DGAP-Ad-hoc: Bitcoin Group SE / Key word(s): Final Results Bitcoin Group SE publishes audited consolidated financial statements for 2017 and forecast for 2018 11-May-2018 / 14:00 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Bitcoin Group SE publishes audited consolidated financial statements for 2017 and forecast for 2018 Herford, May 11, 2018 - Bitcoin Group SE today published its audited consolidated financial statements for 2017. Based on the increase in user numbers and the resulting increase in trading volume for the cryptocurrency Bitcoin alone to approximately EUR 1.2 billion (forecast 2017: approximately EUR 1 billion), Bitcoin Group SE generated record revenues of EUR 12,481 thousand in fiscal year 2017 (previous year: EUR 1,044 thousand). As a result, earnings before taxes jumped to EUR 10,888 thousand (previous year: EUR 208 thousand). Earnings after taxes multiplied to EUR 7,452 thousand (previous year: EUR 114 thousand). Total current assets increased by 1,594% year-on-year to EUR 49,027 thousand as of December 31, 2017 (previous year: EUR 2,893 thousand). This significant increase was achieved on the back of the higher number of bitcoins held by the company and the general rise in the Bitcoin price. Equity increased by EUR 32,107 thousand to EUR 38,190 thousand in the reporting period as a result of retained earnings (EUR 7,452 thousand) and other comprehensive income (EUR 24,659 thousand). For the current 2018 financial year, the company expects the number of registered users to reach 1 million by the end of 2018 due to the steady growth at the end of 2018. With only moderate increases on the cost side, the management also expects a strong increase in earnings. Costs relate in particular to investments in research and development activities for the expansion of Bitcoin.de. In addition, Bitcoin Group SE plans to acquire a majority stake in a regulated bank based in Germany in the current 2018 financial year. The 2017 annual report can be downloaded in PDF format from the Investor Relations section of the company's website at www.bitcoingroup.com. Contact: Bitcoin Group SE Michael Nowak D-Nordstrasse 14 32051 Herford mail: [email protected] phone.: +49.5221.69435.20 fax: +49.5221.69435.25 website: www.bitcoingroup.com German Securities Identification Number (GSIN): A1TNV9 ISIN: DE000A1TNV91 Ticker symbol: ADE Investor Relations contact: CROSS ALLIANCE communication GmbH Susan Hoffmeister phone.: +49 (0)89 89827227 mail: [email protected] website: www.crossalliance.com --------------------------------------------------------------------------- 11-May-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: Bitcoin Group SE Nordstrasse 14 32051 Herford Germany Phone: +49.5221.69435.20 Fax: +49.5221.69435.25 E-mail: [email protected] Internet: www.bitcoingroup.com ISIN: DE000A1TNV91 WKN: A1TNV9 Listed: Regulated Unofficial Market in Berlin, Dusseldorf (Primärmarkt), Frankfurt, Hamburg, Munich, Stuttgart, Tradegate Exchange End of Announcement DGAP News Service --------------------------------------------------------------------------- 684915 11-May-2018 CET/CEST