2 ms·

Are we sure that that's true? As a private company klarna can choose any metric they so desire as revenue...

• christophilus 4y ago
  What? Isn’t revenue kind of … revenue? What else can it be?
  • lumost 4y ago
    To my knowledge, there isn't any reason klarna can't describe their transaction volume as revenue. Then declare their margin 3%. As a private tech company I would assume that they are using the broadest possible definition of revenue.
    • junofan 4y ago
      Dunno about Sweden but lots of compensation stuff triggers financial reporting requirements for obvious reasons.
    • Montaque 4y ago
      No. GAAP and IFRS have very strict definitions of Revenue. Transaction volume falls under the agency principle. Its not the Co's revenue.
      • yobbo 4y ago
        That's not what a klarna transaction is. Klarna pays the vendor immediately (with its credit line), and the user enters into a sort of debt contract with klarna. Klarna's revenue is what it receives from the user. It's a great business model when the interest rate is 0%.