A Klarna commercial on the Metro Middle metro station in Washington, DC, US, on Tuesday, June 3, 2025.
Stefani Reynolds | Bloomberg | Getty Photographs
Swedish fintech Klarna, which in April paused plans for an preliminary public providing in the USA, stated on Thursday its second-quarter income grew 20% from a 12 months in the past on a like-for-like foundation whereas adjusted income elevated barely.
Klarna’s April-June income grew to $823 million within the quarter, whereas its adjusted working revenue stood at $29 million, a rise of $1 million from the identical quarter of final 12 months, its earnings report confirmed.
The variety of energetic Klarna clients rose to 111 million within the quarter, a rise of 31% year-on-year, the corporate stated.
Klarna, which helped reshape on-line procuring with its short-term financing mannequin, in April halted its plans for a U.S. inventory market itemizing amid recession fears and uncertainty over tariffs, sources conversant in the scenario stated on the time.
The corporate had made its paperwork public in March for a long-awaited inventory market debut, after it began the method of going public for a second time in three years in November 2024.
Klarna didn’t say when it would resume an preliminary public providing. Bloomberg, citing unnamed sources, final month reported that the corporate’s IPO may happen as quickly as September.
