Trade Kinnevik B - KINVb CFD

Kink Company profile

About Kinnevik AB

Kinnevik AB is a Sweden-based investment company focused on building digital consumer businesses. The Company's operations are divided into four segments, namely: E-commerce and Marketplaces, Communication, Entertainment and Financial Services. The E-commerce and Marketplaces segment is represented by such investments, as Zalando, Global Fashion Group, Qliro Group, Home24, Lazada, Linio, Konga and Rocket Internet, among others. The Communication segment is represented by such investments, as Tele2 and MiIlicom. The Entertainment segment is represented by MTG and Metro investments. The Financial services segment is represented by Bayport, Betterment, Bima investments. The Company operates globally in more than 80 counties.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Kinnevik AB revenues remained flat at SEK1.69B. Net income decreased 63% to SEK14.78B. Revenues reflect market conditions. Net income was partially offset by Change in fair value of financial asset decrease of 67% to SEK13.27B (income), Other operating income decrease of 17% to SEK10M (income). Basic Earnings per Share excluding Extraordinary Items decreased from SEK145.29 to SEK53.12.

Equity composition

09/2004, Company name changed from Invik & Co. AB. 04/2004, 10-for-1 stock split.