Rubean AG has almost doubled its annual revenue to EUR 1.94 million in 2024

Munich, January 7th 2025

The fintech company Rubean AG, Munich (ISIN: DE0005120802, WKN: 512080, symbol R1B:GR) continued its strong revenue growth in the fourth quarter of the 2024 financial year, almost doubling its annual revenue overall. Subject to the annual audit, the group's turnover increased from EUR 1.012 million in 2023 to EUR 1.94 million in 2024. Rubean expects similarly strong growth in 2025.

The capital increase with subscription rights announced on 18 July 2024 was formally completed by entry in the commercial register and the share capital was increased from the origina 3.603.893 EUR to 3.749.418 The number of shares issued increased by the same amount. With the fixed subscription price of EUR 6.00 6,00 Rubean AG raised additional capital 873.150 , which will be used to finance growth measures. Discussions with a potential strategic partner initiated in 2024 will be continued.

About Rubean:  Rubean AG, Munich, is a leading provider of pure software point-of-sale solutions for banks, acquirers and merchants. This includes the mobile softPOS solution Phone-POS, which enables merchants to receive card payments directly on their smartphone without the need for an additional device. This solution is used by payment service providers, major banks, retailers and smaller merchants throughout Europe and is the only softPOS solution that supports the girocard (ec card) in Germany. Rubean is listed on m:access as well as on most OTC trading venues and XETRA. Further information can also be found at www.rubean.com