Profitable Klarna files for a successfully successful successful iPo
Friday, the Swedish fintech has taken the next stage of its Introduction on the American stock exchange on Friday when it returned its F-1 public prospectus. We review the document now.
Klarna hopes to raise at least $ 1 billion to an evaluation of $ 15 billion with this IPO, Bloomberg reported last week. Public documents do not yet reveal the number of shares it plans to sell or the price range, we will therefore not know if this IPO will respect its aspirations for collecting funds or not before it price of shares. It is generally about a month, sometimes more, after prospectus documents are made public for everyone to laugh.
However, this IPO has been planned for years now, so perhaps its bankers have a certain indication that investors will bite at this level.
One reason could be that the previous private assessment of Klarna recently Rebounded at $ 14.6 billionAccording to reports, after an investor increased his participation.
Another could be that Klarna reports a profit. More specifically, Klarna said turnover of $ 2.8 billion for 2024, compared to around 2.3 billion dollars in 2023. He also declared a net profit of $ 21 million in 2024, a large swing compared to a loss in 2023 of – $ 244 million.
Founded in 2005 by its current CEO Sebastian Siemiatkowski, Klarna is one of the many players This purchase offer now, pay for funding to customers later for purchases. After launch in the United States In 2015, Klarna reached a heavy assessment of more than $ 45 billion by 2021, a figure that dropped from 85% to 6.5 billion dollars When the risk capital assessment bubble 2021 broke out.
Klarna recently made the headlines to develop her own internal AI system based on OPIC’s AAIP And by saying that he abandoned his contract for Salesforce CRM to use his internal systems instead.
Siemiatkowski said his customer service boot propelled by the local chatpt. Drive to replace 700 full -time contract Employees and an economy of around $ 40 million a year. He even went so far as to say that Klarna stopped hiring aggressively because of her use of AI, leaving his The workforce decreases From 5,000 in 2023 to around 3,500 at the end of 2024.
