2 days ago
6
STOCKHOLM, Feb 19 (Reuters) - Swedish "buy now, wage later" services supplier and online slope Klarna reported a 38% year-on-year leap successful fourth-quarter income connected Thursday, conscionable beating expectations, arsenic it added more banking customers and grew successful the United States.
Quarterly gross astatine the fintech group, which went nationalist successful New York successful September, crossed the billion-dollar people for the archetypal time, reaching $1.08 billion. Analysts polled by LSEG had connected mean forecast income of $1.07 billion.
Klarna said users of its banking services doubled to 15.8 million.
"It's showing that we tin truly bash what we acceptable retired to do, which was (to) archetypal make a planetary payments network, and past make a existent banking relationship," CEO Sebastian Siemiatkowski told Reuters.
Klarna has said aboriginal adoption of AI crossed operations has helped it shrink its workforce contempt accelerated expansion, and it has utilized portion of the savings to rise wages. Siemiatkowski said connected Thursday the mean worker compensation had risen 60% since 2022.
"More and much of the jobs astatine Klarna that volition beryllium adjacent successful an AI-powered satellite volition beryllium astir quality relationships, whether it's a narration with our merchants or narration with our consumers," Siemiatkowski said, adding that a increasing stock of Klarna's unit volition beryllium supporting customers.
Klarna's gross merchandise measurement (GMV), a commonly utilized e-commerce metric for measuring sales, roseate 32% to $38.7 cardinal successful the quarter. In the U.S., its largest market, GMV grew 43% portion gross roseate 58%.
Klarna is owed to people its afloat fourth-quarter net study connected February 26. In the 3rd quarter, it made a nett loss of $95 million.
(Reporting by Supantha Mukherjee successful Stockholm; Editing by Anna Ringstrom and Joe Bavier)
English (CA) · 
English (US) · 
Spanish (MX) ·