Klarna's $KLAR (-6.7%) stock market debut is complete.
Klarna's shares rose sharply on Wednesday at its eagerly awaited IPO in New York.
The shares opened at 52 dollars and thus 30 percent above the issue price of 40 dollars. They were last 24 percent higher at 49.46 dollars. This gives the Swedish "buy now, pay later" provider a valuation of around 19.5 billion dollars.
Turnover rose by almost a quarter to 2.8 billion US dollars in 2024. For the first time in a long time, Klarna posted a profit of 21 million US dollars (around 18 billion euros) last year.
Summarized once again 💡
- 93 million active customers in 26 countries
- Cooperation with over 675,000 retailers
- Turnover: 2.81 billion US dollars
- Profit margin - approx. 0.11%
- Free cash flow margin - 19.3%
- Revenue growth (YoY) - 23.51%
Sources
investing.com
the shareholder
