瑞典“先买后付”服务提供商Klarna Group plc (KLAR) 今日盘中股价大跌25.73%，引发市场关注。
消息面上，公司公布的2025年第四季度财报显示净亏损2600万美元，而去年同期为盈利4000万美元，业绩远未达到分析师预期。同时，公司给出了低于市场预期的2026年业绩指引，主要原因是其快速增长导致了处理和融资等成本大幅增加，从而拖累了盈利表现。
尽管Klarna季度营收首次突破10亿美元大关，同比增长38%至10.8亿美元，且商品交易总额(GMV)增长强劲，但成本上升成为主要拖累。摩根大通分析师指出，公司从扩大规模向提升参与度和贷款增长的过渡正在影响一些关键绩效指标。公司CEO表示，随着增长步伐略有放缓，成本前置的影响将逐渐减弱，对业绩产生积极影响。
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.