Klarna stock price, funding rounds, valuation and financials

Klarna has raised $1.43 b in total funding. Klarna valuation is $5.5 b, and annual revenue was kr7.15 b in FY 2019

$5.5 B

Klarna Mkt valuation

KR7.2 B

Klarna Revenue FY, 2019
Klarna Revenue growth (FY, 2018 - FY, 2019), %31%
Klarna Gross profit (FY, 2019)6.2 B
Klarna Gross profit margin (FY, 2019), %87.1%
Klarna Net income (FY, 2019)-902.4 M
Klarna EBIT (FY, 2019)-1.1 B
Klarna Cash, 31-Dec-2019107.1 M
Klarna EV10.3 B

Klarna Revenue

Klarna revenue was kr7.15 b in FY, 2019 which is a 31.3% year over year increase from the previous period.

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Klarna Funding

Summary Metrics

Klarna's latest funding round in January 2020 was reported to be $200 m. In total, Klarna has raised $1.4 b. Klarna's latest valuation is reported to be $5.5 b.

Klarna Revenue Breakdown

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Klarna revenue breakdown by business segment: 64.8% from Commission Income, 34.6% from Interest Income and 0.6% from Other

Klarna revenue breakdown by geographic segment: 33.7% from Germany, 28.1% from Sweden and 38.2% from Other

Klarna Income Statement

Annual

SEKFY, 2017FY, 2018FY, 2019

Revenue

4.5b5.5b7.2b

Revenue growth, %

27%20%31%

Cost of goods sold

367.8m588.0m920.7m

Gross profit

4.2b4.9b6.2b

Gross profit Margin, %

92%89%87%

General and administrative expense

2.9b4.3b6.1b

Operating expense total

3.3b4.9b6.9b

Depreciation and amortization

200.6m154.7m299.3m

EBIT

524.0m160.9m(1.1b)

EBIT margin, %

12%3%(15%)

Income tax expense

178.4m55.7m(186.3m)

Net Income

345.6m105.2m(902.4m)

Half Year

SEKH1, 2017H1, 2018H1, 2019

Revenue

2.1b2.8b3.2b

Cost of goods sold

158.4m256.2m373.3m

Gross profit

1.9b2.5b2.9b

Gross profit Margin, %

92%91%88%

General and administrative expense

1.3b1.9b2.6b

Operating expense total

1.3b1.9b2.6b

Depreciation and amortization

62.4m82.4m143.4m

EBIT

320.5m110.7m(64.5m)

EBIT margin, %

16%4%(2%)

Income tax expense

92.1m42.5m8.6m

Net Income

228.4m68.2m(73.1m)

Klarna Balance Sheet

Annual

SEKFY, 2017FY, 2018FY, 2019

Cash

36.0k331.0k107.1m

Accounts Receivable

15.1b22.3b31.6b

Prepaid Expenses

69.9m136.7m148.3m

PP&E

61.8m80.6m892.7m

Total Assets

19.0b27.9b39.9b

Accounts Payable

8.5b14.6b12.3b

Total Debt

397.0m1.4b4.9b

Total Liabilities

15.0b23.7b34.6b

Common Stock

52.8m52.8m52.8m

Additional Paid-in Capital

2.8b2.8b4.8b

Retained Earnings

455.7m738.4m864.1m

Total Equity

4.0b4.1b5.3b

Debt to Equity Ratio

0.1 x0.3 x0.9 x

Debt to Assets Ratio

0 x0.1 x0.1 x

Financial Leverage

4.7 x6.7 x7.5 x

Klarna Cash Flow

Annual

SEKFY, 2017FY, 2018FY, 2019

Depreciation and Amortization

200.6m154.7m299.3m

Accounts Receivable

(5.3b)(6.3b)(9.3b)

Accounts Payable

2.7b6.1b(2.3b)

Cash From Operating Activities

(2.6b)893.2m(2.4b)

Purchases of PP&E

(32.8m)(53.5m)(186.3m)

Capital Expenditures

(127.9m)(259.7m)(234.1m)

Cash From Investing Activities

(561.0m)(353.7m)(1.4b)

Long-term Borrowings

2.0b297.8m(104.9m)

Cash From Financing Activities

3.0b297.8m3.5b

Net Change in Cash

(139.4m)837.2m(334.7m)

Free Cash Flow

(2.7b)633.5m(2.7b)

Quarterly

SEKQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Depreciation and Amortization

82.4m143.4m

Accounts Receivable

(1.5b)(1.8b)

Accounts Payable

2.1b635.9m

Cash From Operating Activities

(211.0m)(934.8m)(1.5b)1.1b1.0b781.6m961.1m(629.5m)305.7m

Purchases of PP&E

(7.6m)(56.2m)

Cash From Investing Activities

(20.1m)(64.2m)(507.9m)(87.9m)(157.6m)(230.9m)(1.0b)(1.1b)(1.2b)

Long-term Borrowings

(55.3m)

Cash From Financing Activities

248.0m3.0b(83.0k)297.8m(27.5m)1.0b965.9m

Net Change in Cash

(231.1m)(751.0m)1.0b1.0b860.1m848.4m(81.9m)(724.2m)96.4m

Klarna Ratios

SEKY, 2019

EV/EBIT

-9.5 x

EV/CFO

-4.3 x

EV/FCF

-3.9 x

Debt/Equity

0.9 x

Debt/Assets

0.1 x

Financial Leverage

7.5 x

Klarna Operating Metrics

Klarna's Daily Transactions was reported to be 1 m in Apr, 2020. Klarna's Users was reported to be 85 m in Apr, 2020.
Feb, 2017Jun, 2017Jul, 2017Aug, 2019Mar, 2020Apr, 2020

Countries

18 17 17

Daily Transactions

400 k1 m1 m1 m

Merchants

65 k70 k70 k130 k205 k205 k

Users

45 m60 m60 m85 m85 m

Klarna Human Capital

Klarna's employees are reported to be approximately 36% female and 64% male.

Gender

FY, 2018FY, 2017
Female35.6 %35.9 %
Male64.4 %64.1 %

Klarna Employee Rating

3.3271 votes
Culture & Values
3.3
Work/Life Balance
3.4
Senior Management
2.9
Salary & Benefits
3.1
Career Opportunities
3.5
Source