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FinancialsHighly SpeculativeMid Cap

Sweden's Flat Capital Q1 net asset value per share falls 47% after Klarna revaluation

Overview

Sweden investment firm's Q1 net asset value per share fell 47% from prior quarter

Q1 net loss driven by negative revaluation of Klarna holding

Company divested major AI and software holdings, realizing significant profit

Outlook

Flat Capital did not provide specific guidance or forecasts for upcoming quarters or the full yr in its press release

Result Drivers

KLARNA REVALUATION - Negative revaluation of Klarna shares was the main factor behind the sharp decline in net asset value and earnings

AI AND SOFTWARE DIVESTMENTS - Divestment of passive AI- and software-related holdings generated a realized profit of about 525 MSEK

Company press release: ID:nMFN1jr4RH

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 Net Income-SEK 3.27 bln
Q1 Net Asset ValueSEK 3.66 bln
Q1 Net Asset Value Per ShareSEK 7.35
Q1 Operating ExpensesSEK 8.44 mln
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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