K33

Q1 was another strong quarter for K33, with revenue reaching 450M SEK — a 20% increase from the previous quarter and a 200% rise compared to Q1 2024. In parallel, K33 onboarded its first bank as a corporate client and began developing a “brokerage-as-a-service” model, laying the foundation for future growth.

The full report for Q1 2025 is available on k33.com/ir/reports.

Highlights

• Another Record-Breaking Quarter
  • K33 achieved 450M SEK in revenue in Q1, a 20% increase from Q4 2024, and a 200% growth from Q1 2024.
• Faster Fiat Transactions and Upcoming Features
  • Instantaneous bank deposits are live, giving clients round-the-clock access to markets. Smart limit orders are in final testing.
• Onboarding Partners
  • K33 has onboarded its first bank as a corporate client and is in the process of developing its first “brokerage-as-a-service” model, laying the foundation for future growth.
• Divestment of Finpeers SA
  • K33 sold its entire stake in Finpeers SA for approx. 1.64M SEK, generating a 780K SEK profit. The sale supports our focus on core operations and strengthens balance sheet liquidity.
• Bitcoin Treasury Strategy (Subsequent event)
  • K33 is ready to launch a Bitcoin Treasury Strategy — a transformative move intended to strengthen our financial position and unlock new product capabilities

First quarter of 2025
-compared to the first quarter of 2024-

• Group revenue increased to 450,165 kSEK (151,658)
• EBITDA amounted to -2,692 kSEK (4,189)
• EBIT amounted to -4,586 kSEK (2,007)
• The result for the period amounted to -4,033 kSEK (5,538)
• Earnings per share before dilution amounted to SEK -0.000 (0.001)
• Earnings per share after dilution amounted to SEK -0.000 (0.001)

Torbjørn Bull Jenssen, CEO of K33, comments:

“Q1 was another strong quarter for K33. We achieved 20% revenue growth quarter-over-quarter, despite a decline in overall crypto market activity. In addition, K33 is now set to take a major step forward with the launch of our Bitcoin Treasury Strategy, laying the foundation for significant product expansion”

Webcast presentation
The company will hold a webcast presentation today at 08:00 CET, during which CEO Torbjørn Bull Jenssen will present the report. Investors, analysts, and media are invited to follow the webcast.

Webcast link: https://channel.royalcast.com/landingpage/hegnarmedia/20250527_2/

No pre-registration is needed for the webcast. The presentation will be held in English.
 
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For further information, please contact:
Torbjørn Bull Jenssen, CEO, K33 AB (publ)
E-mail: ir@k33.com
Web: k33.com/ir


About K33
K33 AB (publ), listed on Nasdaq First North Growth Market, is the new gold standard for investments in digital assets. K33 offers market-leading execution, actionable insights, and superior support to private and institutional partners across EMEA. Mangold Fondkommission serves as the Certified Adviser for K33 AB (publ).