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

About this update from Flat Capital Ab Class B

OverviewSweden investment firm's Q1 net asset value per share fell 47% from prior quarterQ1 net loss driven by negative revaluation of Klarna holdingCompany divested major AI and software holdings, realizing significant profitOutlookFlat Capital did not provide specific guidance or forecasts for upcoming quarters or the full yr in its press releaseResult DriversKLARNA REVALUATION - Negative revaluation of Klarna shares was the main factor behind the sharp decline in net asset value and earningsAI AND SOFTWARE DIVESTMENTS - Divestment of passive AI- and software-related holdings generated a realized profit of about 525 MSEKCompany press release:Key DetailsMetricBeat/MissActualConsensus EstimateQ1 Net Income-SEK 3.27 blnQ1 Net Asset ValueSEK 3.66 blnQ1 Net Asset Value Per ShareSEK 7.35Q1 Operating ExpensesSEK 8.44 mlnFor questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

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