Klarna H1 earnings: Compounding growth generates 27% revenue rise, SEK 1.1 billion profit improvement, and over SEK 1 trillion annualized GMV
Stockholm, August 27th, 2024 - Klarna, the AI-powered global payments network and shopping assistant, today reported its H1 2024 financial results revealing US gross profits climbed 93% leading to global adjusted operating income of SEK 673m. Sebastian Siemiatkowski, CEO of Klarna, said "Klarna's massive global network continues to expand rapidly, with millions of new consumers joining and 68k new merchant partners. As our merchant partners grow, so do we, evidenced by 38% YoY growth in US revenues. By focusing on sustainable, profitable growth and leveraging AI to lower costs, we
Read original