During the same quarter last year, there was also a loss, 21 million dollars. Adjusted for various cost items, the company management wants to point out that it became an adjusted operating profit, 29 million dollars, during the quarter.
The revenues increased significantly, from 661 million dollars to 823 million dollars.
The credit losses, including feared future losses, increased to 174 million dollars from 106 million dollars for the corresponding quarter in 2024.
Klarna, which is celebrating its 20th anniversary this year, now has 111 million active customers, 790,000 connected merchants and 1 million dollars in revenue per employee, according to the quarterly report.
Reaching more
"Collaborations with leading payment companies and some of the world's largest merchants mean that we reach more and grow faster. At the same time, the number of customers continues to increase, and more people pay on time than ever before," says Klarna's CEO and co-founder Sebastian Siemiatkowski, according to a press release.
On March 14 this year, it became clear, after a period of speculation, that Klarna had registered for a stock exchange introduction in the USA.
Klarna aimed to raise 10 billion kronor in connection with a listing on the New York Stock Exchange, reported Bloomberg, citing sources in early March. They predicted that the listing would be one of the largest this year in the financial sector.
Postponed
The listing was however postponed due to the economic uncertainty created by the US President Donald Trump's tariff gamble.
At the end of July, however, came reports that Klarna is preparing to resume plans to list itself on the New York Stock Exchange.
According to Sky News, the listing is expected to take place in the fall.
Corrected: In an earlier version of the text, the result for the second quarter of 2024 was incorrectly stated in the introduction.
