Fintech the Swedish Klarna took the next step in her much-awaited IPO in the US on Friday when it made its F-1 Prospectus public. We are now being disappeared through the document.
Klarna hopes to raise at least $ 1 billion in a $ 15 billion rating with IPO, Bloomberg reported last week. Public documents do not yet reveal how many actions plans to sell or price range, so we will not know whether this will meet its aspirations for fundraising or not until the shares prices. This is usually about a month, sometimes more, as the prospectus documents are made public for everyone to chew.
However, this has been foreseen for years, so perhaps its bankers have some indications that investors will bite at that level.
One reason may be that Klarna’s previous private rating recently withdrew to $ 14.6 billion, according to reports, as an investor increased its shares.
Another may be that Klarna is reporting a profit. Specifically, Klarna reported revenue of $ 2.8 billion per 2024, from about $ 2.3 billion in 2023. It also reported a net profit of $ 21 million in 2024, a large rate from a loss in 2023 of -244 million.
Founded in 2005 by her current CEO Sebastian Siemiatkowski, Klarna is one of several players who offer purchases now, pay later funding for customer for purchasing. After starting in the US in 2015, Klarna hit a large estimate of more than $ 45 billion by 2021, a figure that dropped at 85% to $ 6.5 billion when the Entrepreneurship Evaluation Bubble exploded 2021.
Klarna has recently made news about the development of her own internal system based on Openai’s chatgt and saying she fell contract for Salesforce CRM to use its internal systems in the country.
Simiatkowski said the home of her home -backed client service led to the replacement of 700 full -time contract employees and a savings of about $ 40 million a year. He even went so far as to say that Klarna stopped hiring aggressively because of his use of him, leaving her work power to reduce from 5,000 to 2023 to about 3,500 by the end of 2024.
