Financial results
NAGA’s final first-half figures show cost savings outpacing falling revenue
Lower spending and asset charges supported the return to profit. Acquisition data show fewer newly funded customers alongside a change in distribution.
NAGA
The companies, products and regulatory developments shaping the broker industry.
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Financial results
NAGA agrees US$8m bond with conversion tied to revenue and cash flow
NAGA’s US$8 million financing agreement links conversion terms to later revenue and cash flow. Final unaudited H1 figures published on 14 October replace the preliminary profit numbers.