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K33 reports weak trading volume in Q2, MiCA license as growth driver

K33 recorded roughly a 30% decline in trading volumes in the second quarter compared with Q1 and posted slightly negative cash flow and adjusted EBITDA, while revenue growth in H1 2024 was 10%. The main cause of the weakness was subdued crypto market activity and a falling Bitcoin price. At the same time, K33 received an unrestricted MiCA license in Norway and has started passporting to Sweden, Denmark, Finland and Germany; management now intends to shift from licensing to commercialization and growth. Forecasts see accelerated revenue growth in 2026–2027, although profitability and volatility remain risks. » More on de.investing.com

Financials

In the last quarter, K33 had revenue of €17.26m and net profit of -€1.76m

(EUR)	June 2026	YoY
Revenue	17.26m	51.82%
Gross profit	-1.66m	1,074.96%
Net profit	-1.76m	461.54%
EBITDA	-996.82k	922.86%

Fundamentals

Metric	Value
Market capitalization	€28.74m
Number of shares	14.54bn
52-week high/low	€0.00988 - €0.000898
Dividends	No
Beta	2.49
P/E ratio	-3.00
PEG ratio	0.02
P/B ratio	3.62
P/S ratio	0.13

Company profile

Arcane Crypto AB engages in the development and investment in the projects focusing on bitcoin and digital assets in Oslo, Stockholm, and London. It also engages digital finance business; and services related to payments, investment, and trading. The company was founded in 2004 and based in Stockholm, Sweden.