Norwegian Block Exchange AS

Norwegian Block Exchange AS

0.51
NOK
-0.01
(-1.92%)
50.71MMarket Cap
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
0.01
- -
0.02
0.11
0.08
0.08
- -
Basic EPS, GAAP
-0.06
-0.18
-0.23
-0.31
-0.44
-0.28
-0.11
-0.06
- -
Free Cash Flow per Basic Share
-0.11
-0.48
-0.35
-0.17
-0.82
-0.34
-0.13
-0.09
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.03
0.49
1.34
1.05
0.76
0.48
0.53
0.37
0.53
Tangible Book Value per Share
-0.14
0.13
0.88
0.45
0.13
-0.21
0.1
0.1
0.1
Basic Weighted Avg Shares
77
77
77
77
81
81
206
235
149
Sales/Revenue/Turnover
- -
- -
1
- -
1
9
16
18
- -
Operating Margin (%)
- -
-31,963.98
-3,152.35
-49,891.53
-3,373.51
-297.93
-149.8
-114.14
- -
Depreciation Expense
- -
- -
1
2
2
4
4
4
- -
Net Income, GAAP
-5
-14
-18
-24
-36
-23
-23
-15
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
-23,380.26
-2,363.96
-28,873.42
-2,936.55
-249.05
-142.98
-78.61
- -
Working Capital
-4
4
56
16
-18
-51
-8
-7
-8
LT Debt
8
- -
3
2
1
2
22
21
22
Total Equity
-2
38
103
81
62
39
73
86
73
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
-25.43
-26.34
-50.34
-45.34
-41.44
-18.21
- -

Capital Structure

NOK

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
42
20
6
LT Borrowings
- -
- -
21
LT Finance Leases
2
2
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
81
160
137
Market Capitalization
44
96
51

Working Capital

NOK

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
28
37
44
Cash, Cash Equivalents & STI
9
13
11
Accounts Receivable, Net
1
1
1
Inventories
- -
- -
- -
Total Current Liabilities
79
61
52
Payables & Accruals
- -
- -
- -
ST Debt
42
20
6
Deferred Revenue
- -
- -
- -

Growth Rates

NOK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
4.68%
17.75%
Free Cash Flow
- -
52.22%
-24.24%
Net Income, GAAP
- -
2.2%
-37.56%
Sales/Revenue/Turnover
- -
402.29%
13.57%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

NOK

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
9
2024
- -
- -
16
2025
- -
- -
18

Semi-annual Earnings Per Share

NOK

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.28
2024
- -
- -
-0.11
2025
- -
- -
-0.06

Semi-annual Dividends Per Share

NOK

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
Stig Aleksander Kjos-Mathisen
Full Time Employees
17
Sector
Finance
Industry
Investment banks/Brokers
Address
Arnstein Arnebergs vei 30 Fornebu PS Norway 1366
IPO Date
Dec 14, 2021
Website
nbx.com
Business
Norwegian Block Exchange AS (NBX.OL), founded in 2018 and headquartered in Lysaker, Norway, operates one of the largest cryptocurrency trading platforms in the Nordics, offering an internet-based marketplace for retail and institutional customers to buy, sell and trade digital assets including Bitcoin, Ethereum, Cardano, Polkadot, Solana, Avalanche, Algorand, Cosmos, Stellar, Litecoin, Dogecoin and XRP with fiat currencies such as NOK, SEK, DKK and EUR; over-the-counter (OTC) trading and minting/burning of its MiCA-compliant USDM stablecoin; digital asset custody solutions; staking services for passive income; and the NBX Visa credit card featuring Bitcoin cashback of up to 1%, Apple Pay integration and credit limits up to NOK 50,000. The company, regulated by the Norwegian Financial Supervisory Authority as an e-money institution, also provides compliance services, payment solutions, blockchain advisory and tokenized real-world assets through subsidiaries like The Mint AS for rubies and sapphires, targeting Nordic markets with expansion into institutional custody for ecosystems like Cardano. Recent developments include establishing a Bitcoin treasury strategy in Q2 2025 as Norway's first publicly listed Bitcoin treasury company with 6 Bitcoin acquired and plans for 10; a strategic partnership and share swap agreement with Globitex Holding AS in June 2025 to create a digital asset neobank combining NBX's USDM issuance with traditional payment rails; acquisition of 50% of Flip Company AS in November 2025 to integrate its non-custodial wallet app; partnerships with Fizen in November 2025, LOAX for credit card distribution and Cardano entities for custodial services; launch of Cardano native tokens Hosky and Palm plus USDM trading pairs in Q2 2025; a share capital increase via put option in November 2025; appointment of Nicolai Lunde as CFO in Q3 2024; and OTC USDM services in Q1 2025.