Kinnevik AB Class A

Kinnevik AB Class A

5.89
EUR
-0.05
(-0.78%)
-2.20EPS
1.43BMarket Cap
Feb 04Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
32.73
75.14
4.15
-11.49
68.59
-45.82
72.4
137.36
49.25
-64.61
-15.79
-8.69
-14.12
-27.39
Basic EPS, GAAP
28.28
69.74
4.03
-11.62
68.52
-45.91
72.32
134.52
49.18
-64.66
-15.95
-8.77
-11.19
-24.41
Free Cash Flow per Basic Share
18.47
3.46
9.23
5.03
6.71
5.31
8.84
4.43
4.37
10.53
2.01
-0.74
-0.72
-0.49
Dividend per Share
6.11
6.5
6.71
23.8
7.41
7.63
7.61
6.44
0.15
- -
- -
21.29
- -
- -
Book Value per Share
217.93
280.99
278
243.77
305.02
236.75
245.34
372.22
240.51
174.9
158.34
128.3
117.94
97.4
Tangible Book Value per Share
215.25
280.02
277.62
243.77
305.02
236.75
245.34
372.22
240.51
174.9
158.34
128.3
117.94
97.4
Basic Weighted Avg Shares
299
300
300
298
297
297
298
299
300
302
299
299
299
299
Sales/Revenue/Turnover
9,801
22,509
1,243
-3,420
20,381
-13,631
21,596
41,124
14,796
-19,504
-4,718
-2,599
-4,223
-8,193
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
43
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
8,468
20,891
1,207
-3,459
20,359
-13,656
21,572
40,274
14,777
-19,519
-4,766
-2,623
-3,346
-7,302
Effective Tax Rate (%)
0.3
- -
0.25
- -
0.01
- -
- -
2.02
0.03
- -
- -
- -
- -
- -
Profit Margin (%)
86.4
92.81
97.1
101.14
99.89
100.18
99.89
97.93
99.87
100.08
101.02
100.92
79.23
89.12
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
1,215
1,263
1,260
1,610
2,833
3,337
4,798
2,891
4,694
3,488
3,487
3,492
1,995
2,055
Total Equity
65,319
84,206
83,464
72,434
90,633
70,503
73,295
111,671
72,391
52,906
48,161
39,202
35,872
29,624
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
13.24
- -
1.56
- -
24.31
- -
28.4
41.81
15.42
- -
- -
- -
- -
- -
Return on Common Equity (%)
13.67
27.96
1.44
-4.44
24.97
-16.95
30
43.55
16.06
-31.16
-9.43
-6
-8.91
-22.2

Capital Structure

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
304
304
304
Market Capitalization
25,243
15,225
15,871

Working Capital

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
371
596
469
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

SEK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-5.21%
-19.63%
-8.49%
Free Cash Flow
-9.52%
-15.8%
-2.27%
Net Income, GAAP
-180.19%
-77.68%
27.56%
Sales/Revenue/Turnover
-176%
-70.81%
62.49%
Total Cash Common Dividend
- -
- -
-100%

Quarterly Revenue

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-231
-2,269
-1,913
1,799
-2,599
2025
-3,037
626
- -
-2,567
-4,223
2026
-7,969
1,717
- -
- -
- -

Quarterly Earnings Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.79
-7.58
-6.39
6
-8.77
2025
-10.15
2.09
- -
-5.6
-11.19
2026
-26.64
5.74
- -
- -
- -

Quarterly Dividends Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
21.29
- -
21.29
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Helena Ildiko Saxon
Full Time Employees
45
Sector
Finance
Industry
Financial conglomerates
Address
Skeppsbron 18 Stockholm AB Sweden 103 13
IPO Date
Nov 12, 1992
Business
Kinnevik AB (STO:KINV-A) is a Sweden-based investment company that serves as an active owner and operational partner to technology-enabled growth companies across healthcare, software, climate tech, and marketplaces sectors. Founded in 1936 and headquartered in Stockholm with an additional office in London, the firm invests from early-stage to growth-phase, providing patient capital and dedicated support to a concentrated portfolio of over 20 larger companies, including core holdings such as Cityblock (value-based healthcare), Mews (hospitality software), Pleo (spend management), Spring Health (mental health solutions), and TravelPerk (business travel platform); healthcare investments like Recursion (techbio drug discovery), Enveda (biotech drug discovery), Strand Therapeutics (programmable mRNA therapies), Pelago (substance use management), and Transcarent (healthcare access); software platforms including Cedar (patient payments), Omnipresent (global hiring), Wordsmith AI (legal AI), and Encube (manufacturing AI); climate tech ventures such as Aira (residential heating electrification), Stegra (green steel), Solugen (sustainable chemicals), Agreena (regenerative agriculture), and Charm Industrial (carbon removal); and marketplaces like Oda/Mathem (Nordic online grocery), Instabee (e-commerce logistics), Job&Talent (essential work matching), Omio (travel booking), and Vivino (wine marketplace). Kinnevik operates geographically across Europe and the United States, with portfolio companies delivering services in over 80 countries and targeting innovative entrepreneurs reshaping industries for consumers, employers, health plans, and urban populations. In recent developments, the company fully divested its stake in Tele2 to iliad/NJJ for SEK 13 billion and executed an extraordinary cash distribution of SEK 23 per share (SEK 6.4 billion total) in June 2024; concentrated its portfolio toward core assets, which grew revenues over 55% on average with profitability gains; led Strand Therapeutics' USD 153 million Series B with a USD 35 million investment and participated in Aira's EUR 150 million round with EUR 35 million in September 2025; invested EUR 30 million leading Tandem Health's EUR 40 million round in June 2025; followed TravelPerk's USD 200 million raise and Yokoy acquisition, Recursion's Exscientia buyout, and Enveda's USD 130 million funding and first drug clinic entry in 2024; and outlined five-year expectations at its October 2024 Capital Markets Day while electing new board members in December 2024.

Company News

  • Kinnevik AB (KNEVF) Q3 2026 Earnings Call Transcript

  • Kinnevik AB (KNEVF) Q2 2026 Earnings Call Transcript

  • Kinnevik AB (KNEVF) Q1 2026 Earnings Call Transcript

  • Kinnevik AB (KNVKF) Q4 2025 Earnings Call Transcript

  • Kinnevik AB (KNVKF) Q3 2025 Earnings Call Transcript

  • Kinnevik AB (KNVKF) Q2 2025 Earnings Call Transcript

  • Kinnevik AB (KNVKF) Q1 2025 Earnings Call Transcript

  • Kinnevik AB (KNVKF) Q4 2024 Earnings Call Transcript

  • Kinnevik: Limited Downside, Strong Upside Potential

  • Kinnevik AB (KNVKF) Q3 2024 Earnings Call Transcript

  • Kinnevik: Attractive Valuation, But Capital Allocation Will Be Key