“When $150 Billion Looks Small”
Klarna is not a preferred BNPL investment due to European weakness; potential long-term attractiveness depends on stabilization.
He has a question about Klarna. This is said by referring back to their most recent earnings. It looked like a record-breaking quarter. Every metric was significantly high, but the stock fell by 20%.
I don't necessarily consider Klarna to be a major competitor that will outperform traditional credit card companies. They generated $1 billion in revenue. This represents an increase of approximately 30% year-on-year.
They even made a surprise net profit of around $9 million. However, they lowered their full-year revenue forecast , which came in well below analysts' estimates.