Company: CNCKW
Filing Date: 2025-05-20
Form Type: 424B3
Source: 0001213900-25-046039
Chunk: 5

Company: Coincheck Group N.V.
Filing Date: 2025-05-20
Form: 424B3
Chunk 5
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 political, economic or industry
conditions, the interest rate environment or conditions affecting the financial and capital markets, including the effects of inflation,
trade policies and government regulation; (iii) changes in economic conditions and consumer sentiment in Japan; (iv) the price of crypto
assets and volume of transactions on the Company’s platform; (v) the development, utility and usage of crypto assets; (vi) demand
for any particular crypto asset; (vii) cyberattacks and security breaches on the Company platform; (viii) the Company’s ability
to introduce new products and services, (ix) the Company’s ability to execute its growth strategies, including identifying and executing
acquisitions, and (x) other risks and uncertainties discussed in the Company’s filings with the U.S. Securities and Exchange Commission
(the “SEC”) as such factors may be updated from time to time, which are or will be accessible on the SEC’s website at
www.sec.gov. The forward-looking statements included in this press release are made only as of the date of this press release and the
Company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future
developments, or otherwise, except as required by law.

Non-IFRS financial measures

EBITDA and Adjusted EBITDA

In addition to the Company’s results determined in accordance
with IFRS, the Company presents EBITDA and Adjusted EBITDA, non-IFRS measures, because the Company believes they are useful in evaluating
its operating performance.

EBITDA represents net profit (loss) for the period before the impact
of taxes, interest, depreciation, and amortization of intangible assets, and Adjusted EBITDA represents EBITDA, further adjusted for transaction
expenses that are directly attributable to the business combination with Thunder Bridge IV. (denoted as “Reverse recapitalization”),
as well as Nasdaq listing expenses.

The Company uses EBITDA and Adjusted EBITDA to evaluate its ongoing
operations and for internal planning and forecasting purposes and believes that EBITDA and Adjusted EBITDA may be helpful to investors
because they provide consistency and comparability with past financial performance. However, EBITDA and Adjusted EBITDA are presented
for supplemental informational purposes only, have limitations as an analytical tool, and should not be considered in isolation or as
a substitute for financial information presented in accordance with IFRS.

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