Bitpanda reports $430 million adjusted revenue in 2025 as user base grows 25%
Bitpanda’s adjusted revenue increased to $430 million in 2025 with a 25% user base growth, despite a decrease in adjusted EBITDA due to strategic investments.Summary
Bitpanda announced an adjusted revenue of €371 million ($430 million) for fiscal year 2025, a 16% increase year-over-year, driven by user base expansion and new product offerings. The company’s registered user base grew by 25% to 7.4 million. While adjusted EBITDA decreased to €13 million ($15.1 million) from €52 million ($60.2 million) in 2024, Bitpanda attributes this to deliberate investments in product development, regulatory expansion, and international growth. Key developments included the introduction of margin trading for over 100 crypto assets, expanding its asset offering to over 650 digital assets, and launching a web3 wallet. Bitpanda also secured MiCA licensing in the EU, as well as licenses in the UK and UAE, and expanded into Latin America and the Asia-Pacific region. CEO Lukas Enzersdorfer-Konrad emphasized the company’s positioning as a multi-asset platform and market infrastructure provider.
(Source：The Block)