Company: CNCKW
Filing Date: 2025-03-27
Form Type: F-1/A
Source: 0001013762-25-003470
Chunk: 162

Company: Coincheck Group N.V.
Filing Date: 2025-03-27
Form: F-1/A
Chunk 162
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 2024 and ¥1,001 million for the six months ended September 30, 2024. For the three months ended December31, 2024, we had an EBITDA loss of ¥14,751million, which included professional fees in connection with the Reverse Recapitalization of ¥3,804 and listing fees of ¥13,714. See “Management’s Discussion and Analysis of Financial Condition and Results of Operations — Non -IFRSFinancial Measures — Reconciliation of EBITDA to Net Profit” for details on the reconciliation of EBITDA to net profit in accordance with IFRS. Strong and experienced management team to support continued growth. Our management team is comprised of experts from across the Monex Group and the crypto asset industry. We believe that our team gives us a competitive advantage over other exchanges and our corporate culture combines compliance and regulatory engagement with an innovation mindset that permeates throughout our company. We also continuously support the development of our management team with guidance from a seasoned group of directors. Our Services As a licensed cryptocurrency exchange services provider in Japan, our main business activity is opening accounts for retail investors in Japan to invest in cryptocurrency. We provide a Marketplace platform where users can buy and sell cryptocurrency, an Exchange platform targeted at more experienced users that mediates order books between such customers for a more limited number of cryptocurrency, and other ancillary services to drive retail engagement and broaden the use of cryptocurrencies. Cryptocurrency Trading Services We operate our trading services on a Marketplace platform and an Exchange platform, which target different types of customers. We do not offer margin trading to our customers. 108 Marketplace Platform Our Marketplace platform is our core offering and enables customers to purchase and sell 29 different crypto assets as of December31, 2024, an increase from 28 different crypto assets as of September 30, 2024. Our user -friendlysmartphone application allows for comprehensive yet easy -to -usefunctionality for beginning customers. Although the Marketplace platform targets less experienced customers, our more experienced traders may also use the smartphone application or our more detailed web browser -basedinterface. Transaction revenue from our Marketplace platform business is derived from transactions with users and cover counterparties. In the business, we buy and sell cryptocurrencies to users with a spread, which is the difference between the prices that customers buy or sell cryptocurrencies on the Marketplace platform and the prices that the Company procures or sells to cover counterparties as transactions with users and a corresponding cover transaction are entered into within a short period of time in order to acquire broker -