Klarna

Klarna presented solid operating data at the Goldman Sachs Communacopia: revenue in Q2 +27%, transaction margin in US dollars +42% and ARPU +24%. The US, with around 30 million users, is now the largest market, while Germany lowered its volume forecast by about 3% due to weaker online sales. AI use has substantially reduced support costs and helped increase revenue per employee from roughly $400,000 to $1.4 million. Management will focus going forward on raising the transaction margin in US dollars and converting that margin growth into higher earnings per share; growth is to be driven by the card product, Fair Financing and partners such as Walmart and Apple. » Plus sur de.investing.com

Klarna CEO personally invests $10m. In Q2, revenue rose 27% to $1.04bn, transaction margin increased 42%, and earnings per share at $0.01 were slightly above expectations. Management, however, lowered GMV growth expectations for upcoming quarters, and the simultaneous departures of the CFO and CMO on August 18 weighed on the market reaction. » Plus sur finanzen.net

Klarna CEO Sebastian Siemiatkowski acquired 692,506 common shares through an entity close to him for about 9.95 million USD, pushing Klarna stock up roughly 4.9% in premarket trading. The insider purchase follows a share-price decline after the Q2 report, in which Klarna returned to profitability and reported revenue above expectations but cut its full-year outlook. Earlier analyst downgrades had put pressure on the stock; the purchase is being seen as a management vote of confidence in the valuation and the company’s long-term growth trajectory. » Plus sur de.investing.com