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FLAT B — Flat Capital AB (publ) News Story

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Sweden's Flat Capital Q2 NAV per share surges q-o-q on Klarna share price gains

Sweden's Flat Capital Q2 NAV per share surges q-o-q on Klarna share price gains


Overview

  • Sweden investment company's Q2 net asset value per share rose 52% from prior quarter

  • Change in value driven by Klarna share price gains

  • Company listed on Nasdaq Stockholm and completed several portfolio divestments in Q2


Outlook

  • Flat Capital did not provide specific guidance or forecasts for future periods in the press release


Result Drivers

  • KLARNA SHARE PRICE - Substantial increase in Klarna's share price was the main driver of Q2 value change

  • PORTFOLIO DIVESTMENTS - Several divestments, including Perplexity, Physical Intelligence and Harvey, generated gross sales proceeds of 213,857 kSEK

  • HIGHER OPERATING COSTS - Increased consulting, legal and personnel costs linked to Nasdaq listing and employee stock options


Company press release: ID:nMFNbkYFG9


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 EPS

SEK 3.78

Q2 Net Income

SEK 1.88 bln

Q2 Net Asset Value

SEK 5.55 bln

Q2 Net Asset Value Per Share

SEK 11.14


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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