Rubean quadruples half-year revenue compared to previous year

EQS-News: Rubean AG / Key word(s): Development of Sales/Interim Report
Rubean quadruples half-year revenue compared to previous year

16.07.2024 / 13:19 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Rubean quadruples half-year revenue compared to previous year

  * FinTech company's turnover in the first half of 2024 increases by over
    340 per cent compared to the same period of the previous year

  * Commerz-GlobalPay, a joint venture between Commerzbank and Global
    Payments, went live with Rubean SoftPOS solution

Munich, 16 July 2024: Fintech company Rubean AG, Munich (ISIN: DE0005120802,
WKN: 512080, symbol R1B:GR) continued its strong growth in the second
quarter of the 2024 financial year. In the first six months of this year,
the Group's revenue increased by 340 per cent to EUR 839,174 compared to the
same period of the previous year (first half of 2023: EUR 189,488). This
means that the Rubean Group has already achieved 83 per cent of the turnover
of the entire previous year (2023: EUR 1.012 million) in the first half of
the year and remains confident of achieving its annual turnover target of
EUR 2.2 million to EUR 2.5 million.

Commerz-GlobalPay, a joint venture between Commerzbank and Global Payments,
went live with the Rubean SoftPOS solution in Germany in the second quarter
of 2024. Rubean expects user numbers to grow exponentially in the coming
months and years.

About Rubean: Rubean AG, Munich, is a leading provider of pure software
point-of-sale solutions for banks, acquirers and merchants. These include
the mobile softPOS solution PhonePOS, 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

If you have any queries, please contact:

german communications AG
Jörg Bretschneider
Böhmersweg 5, D-20148 Hamburg
+49 40/46 88 33 0, Fax +49 40/46 88 33 40
presse@german-communications.com

Dr. Hermann Geupel
Rubean AG
Kistlerhofstr. 168, D-81379 Munich
+49 89 357560
hermann.geupel@rubean.com


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16.07.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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   Language:       English
   Company:        Rubean AG
                   Kistlerhofstr. 168
                   81379 München
                   Germany
   Phone:          089-357560
   Fax:            089-35756111
   E-mail:         info@rubean.com
   Internet:       www.rubean.com
   ISIN:           DE0005120802
   WKN:            512080
   Listed:         Regulated Unofficial Market in Berlin, Dusseldorf,
                   Frankfurt, Munich (m:access), Stuttgart, Tradegate
                   Exchange
   EQS News ID:    1947337

End of News EQS News Service
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1947337 16.07.2024 CET/CEST