Klarna have just released their 1st quarter FY21 results. Net operating income (revenue) increased by 42% to ~A$460m, while their net loss after tax continued its upward trajectory to ~A$102m v pcp of ~A$72m (+41%). Afterpay is growing its revenue at more than double the rate of Klarna. Klarna's GMV was US$18.9b, so their revenue yield was less than 2% (compared to Afterpay's which is over 4%).
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