Klarna warns ahead of listing: "No guarantees"

Klarna has discovered a significant deficiency in its internal controls of financial reporting. The company describes the problems in detail in the documents submitted ahead of the US listing, reports Affärsvärlden.

» Published: March 15 2025

Klarna warns ahead of listing: "No guarantees"
Photo: Claudio Bresciani/TT

The deficiency identified is described by Klarna as a risk that "a material inaccuracy in our financial reports is not prevented or detected in time”.

The deficiencies concern IT controls, according to Klarna, and are said to have occurred during 2022–2023.

The deficiencies are also noted in the attached auditor's report for 2024.

The company has taken measures – but simultaneously writes in the stock exchange report that "we cannot provide any guarantees that the measures we have taken and plan to take in the future will rectify the material weakness".

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By TTTranslated and adapted by Sweden Herald
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