Cash flow Kinnevik AB

Equities

KINV B

SE0022060521

Investment Holding Companies

Market Closed - Nasdaq Stockholm Other stock markets 17:00:00 13/03/2026 GMT			5-day change	1st Jan Change
51.94 ^SEK	+0.23%		-15.90%	-37.93%

03-13	Affàrsvärlden: Benson slams Kinnevik, calls for a new "midnight raid"	FW
03-13	Indecap Sverige rose 6.64 percent in February - strong Swedish stock market	FW

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Published financial data: KINNEVIK AB

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	-	-	-	-	-
Gain (Loss) on Sale of Investment, Total (Rev)	39.85B	13.27B	-22.86B	-5.65B	-2.66B
Interest And Invest. Income (Rev)	1.69B	1.69B	3.54B	936M	23M
Total Revenues	41.54B	14.96B	-19.32B	-4.72B	-2.64B
Cost of Goods Sold, Total	-	-	-	-	-
Gross Profit	41.54B	14.96B	-19.32B	-4.72B	-2.64B
Selling General & Admin Expenses, Total	404M	319M	371M	417M	448M
Other Operating Expenses	-8M	-7M	-10M	-9M	-11M
Other Operating Expenses, Total	396M	312M	361M	408M	437M
Operating Income	41.14B	14.65B	-19.68B	-5.12B	-3.08B
Interest Expense, Total	-41M	-42M	-55M	-44M	-49M
Interest And Investment Income	42M	11M	66M	219M	264M
Net Interest Expenses	1M	-31M	11M	175M	215M
Currency Exchange Gains (Loss)	-26M	158M	-71M	8M	-61M
Other Non Operating Income (Expenses)	-12M	9M	266M	-174M	-93M
EBT, Excl. Unusual Items	41.11B	14.78B	-19.47B	-5.11B	-3.01B
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-	-	-46M	348M	392M
Asset Writedown	-	-	-	-	-
EBT, Incl. Unusual Items	41.11B	14.78B	-19.52B	-4.77B	-2.62B
Income Tax Expense	832M	5M	-	-	1M
Earnings From Continuing Operations	40.27B	14.78B	-19.52B	-4.77B	-2.62B
Net Income to Company	40.27B	14.78B	-19.52B	-4.77B	-2.62B
Minority Interest	-	-	-	-	-
Net Income - (IS)	40.27B	14.78B	-19.52B	-4.77B	-2.62B
Net Income to Common Incl Extra Items	40.27B	14.78B	-19.52B	-4.77B	-2.62B
Net Income to Common Excl. Extra Items	40.27B	14.78B	-19.52B	-4.77B	-2.62B
Per Share Items
Net EPS - Basic	145.29	53.12	-69.83	-16.96	-9.47
Basic EPS - Continuing Operations	145.29	53.12	-69.83	-16.96	-9.47
Basic Weighted Average Shares Outstanding	277M	278M	280M	281M	277M
Net EPS - Diluted	145.22	53.12	-69.83	-16.96	-9.47
Diluted EPS - Continuing Operations	145.22	53.12	-69.83	-16.96	-9.47
Diluted Weighted Average Shares Outstanding	277M	278M	280M	281M	277M
Normalized Basic EPS	92.68	33.21	-43.54	-11.37	-6.8
Normalized Diluted EPS	92.64	33.21	-43.54	-11.37	-6.8
Dividend Per Share	-	-	-	-	-
Payout Ratio	-	0.3	-	-	-242.85
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	-	-	-	-	-
EBITA	41.14B	14.65B	-19.68B	-5.12B	-3.08B
EBIT	41.14B	14.65B	-19.68B	-5.12B	-3.08B
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	2.02	0.03	-	-	-0.04
Total Current Taxes	832M	5M	-	-	1M
Total Deferred Taxes	-	-	-	-	-
Normalized Net Income	25.69B	9.24B	-12.17B	-3.2B	-1.88B
Supplemental Operating Expense Items
Selling and Marketing Expenses	-	-	-	-	-
General and Administrative Expenses	404M	319M	371M	417M	448M
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Stock-Based Comp., Other (Total)	109M	77.05M	61.43M	83.86M	65.14M
Total Stock-Based Compensation	109M	77.05M	61.43M	83.86M	65.14M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	3.71B	3.86B	3.11B	2.37B	3.15B
Short Term Investments	3.88B	6.68B	10.74B	9.58B	11.47B
Total Cash And Short Term Investments	7.59B	10.54B	13.85B	11.95B	14.62B
Accounts Receivable, Total	-	-	-	-	-
Other Receivables	-	-	-	-	-
Total Receivables	-	-	-	-	-
Inventory	-	-	-	-	-
Other Current Assets, Total	329M	240M	320M	218M	132M
Total Current Assets	7.92B	10.78B	14.17B	12.17B	14.75B
Gross Property Plant And Equipment	-	-	-	-	-
Accumulated Depreciation	-	-	-	-	-
Net Property Plant And Equipment	59M	52M	47M	107M	130M
Long-term Investments	108B	67.54B	43.38B	41.24B	29.23B
Goodwill	-	-	-	-	-
Other Intangibles, Total	-	-	-	-	-
Deferred Tax Assets Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	214M	210M	130M	-	-
Total Assets	116B	78.59B	57.73B	53.51B	44.11B
Liabilities
Accounts Payable, Total	-	-	-	-	-
Accrued Expenses, Total	94M	103M	86M	87M	88M
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	-	1.21B	-	-	1.5B
Current Income Taxes Payable	-	-	-	-	-
Other Current Liabilities	162M	516M	305M	789M	307M
Total Current Liabilities	256M	1.83B	391M	876M	1.9B
Long-Term Debt	2.91B	3.48B	3.49B	3.49B	1.99B
Pension & Other Post Retirement Benefits	22M	21M	18M	19M	19M
Other Non Current Liabilities	890M	862M	927M	969M	999M
Total Liabilities	4.08B	6.2B	4.82B	5.35B	4.9B
Common Stock, Total	28M	28M	28M	28M	28M
Additional Paid In Capital	8.84B	8.84B	8.84B	8.84B	8.84B
Retained Earnings	103B	63.52B	44.04B	39.29B	30.33B
Comprehensive Income and Other	-	-	-	-	-
Total Common Equity	112B	72.39B	52.91B	48.16B	39.2B
Minority Interest	-	-	-	-	-
Total Equity	112B	72.39B	52.91B	48.16B	39.2B
Total Liabilities And Equity	116B	78.59B	57.73B	53.51B	44.11B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	278M	279M	280M	282M	282M
ECS Total Common Shares Outstanding	278M	279M	280M	282M	282M
Book Value / Share	402.02	259.77	188.9	171.02	138.89
Tangible Book Value	112B	72.39B	52.91B	48.16B	39.2B
Tangible Book Value Per Share	402.02	259.77	188.9	171.02	138.89
Total Debt	2.91B	4.69B	3.49B	3.49B	3.49B
Net Debt	-4.68B	-5.85B	-10.36B	-8.46B	-11.13B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	-	-	-	-
Debt Equivalent Oper. Leases	-	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Full Time Employees	40	40	45	46	47
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	40.27B	14.78B	-19.52B	-4.77B	-2.62B
Depreciation & Amortization - CF	-	-	-	-	-
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	-	-	-	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	-
Other Operating Activities, Total	-38.95B	-13.46B	22.7B	5.37B	2.4B
Cash from Operations	1.33B	1.31B	3.18B	600M	-220M
Capital Expenditure	-	-	-	-	-
Cash Acquisitions	-	-	-	-	-
Divestitures	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	6.21B	-215M	1.38B	-2.84B	8.87B
Cash from Investing	6.21B	-215M	1.38B	-2.84B	8.87B
Long-Term Debt Issued, Total	1.5B	2B	-	-	-
Total Debt Issued	1.5B	2B	-	-	-
Long-Term Debt Repaid, Total	-3.41B	-190M	-1.21B	-	-
Total Debt Repaid	-3.41B	-190M	-1.21B	-	-
Issuance of Common Stock	-	91M	-	-	-
Repurchase of Common Stock	-	-	-	-	-
Common Dividends Paid	-	-44M	-	-	-6.37B
Common & Preferred Stock Dividends Paid	-	-44M	-	-	-6.37B
Special Dividend Paid	-1.93B	-	-	-	-
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	-3.84B	1.86B	-1.21B	-	-6.37B
Miscellaneous Cash Flow Adjustments	-	-	-46M	343M	387M
Net Change in Cash	3.7B	2.96B	3.3B	-1.9B	2.67B
Supplemental Items
Cash Interest Paid	52M	55M	66M	65M	58M
Levered Free Cash Flow	25.66B	9.66B	-12.58B	-2.56B	-2.28B
Unlevered Free Cash Flow	25.69B	9.68B	-12.55B	-2.53B	-2.25B
Change In Net Working Capital	138M	-452M	308M	-587M	395M
Net Debt Issued / Repaid	-1.91B	1.81B	-1.21B	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	26.51	9.42	-18.05	-5.76	-3.94
Return on Total Capital	26.69	9.55	-18.43	-5.93	-4.07
Return On Equity %	43.55	16.06	-31.16	-9.43	-6
Return on Common Equity	43.55	16.06	-31.16	-9.43	-6
Margin Analysis
Gross Profit Margin %	100	100	100	100	100
SG&A Margin	0.97	2.13	-1.92	-8.84	-16.98
EBITDA Margin %	-	-	-	-	-
EBITA Margin %	99.05	97.91	101.87	108.65	116.57
EBIT Margin %	99.05	97.91	101.87	108.65	116.57
Income From Continuing Operations Margin %	96.95	98.79	101.04	101.08	99.43
Net Income Margin %	96.95	98.79	101.04	101.08	99.43
Net Avail. For Common Margin %	96.95	98.79	101.04	101.08	99.43
Normalized Net Income Margin	61.85	61.76	63	67.79	71.41
Levered Free Cash Flow Margin	61.77	64.56	65.12	54.26	86.52
Unlevered Free Cash Flow Margin	61.83	64.73	64.94	53.68	85.36
Asset Turnover
Asset Turnover	0.43	0.15	-0.28	-0.08	-0.05
Fixed Assets Turnover	686.6	269.51	-390.26	-61.23	-22.26
Receivables Turnover (Average Receivables)	-	-	-	-	-
Inventory Turnover (Average Inventory)	-	-	-	-	-
Short Term Liquidity
Current Ratio	30.93	5.9	36.24	13.89	7.78
Quick Ratio	29.64	5.76	35.42	13.64	7.71
Operating Cash Flow to Current Liabilities	5.18	0.72	8.13	0.68	-0.12
Days Sales Outstanding (Average Receivables)	-	-	-	-	-
Days Outstanding Inventory (Average Inventory)	-	-	-	-	-
Average Days Payable Outstanding	-	-	-	-	-
Cash Conversion Cycle (Average Days)	-	-	-	-	-
Long Term Solvency
Total Debt/Equity	2.6	6.48	6.59	7.24	8.91
Total Debt / Total Capital	2.54	6.09	6.18	6.75	8.18
LT Debt/Equity	2.6	4.81	6.59	7.24	5.08
Long-Term Debt / Total Capital	2.54	4.52	6.18	6.75	4.67
Total Liabilities / Total Assets	3.52	7.88	8.36	10	11.12
EBIT / Interest Expense	1K	348.71	-357.8	-116.43	-62.76
EBITDA / Interest Expense	-	-	-	-	-
(EBITDA - Capex) / Interest Expense	-	-	-	-	-
Total Debt / EBITDA	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-
Total Debt / (EBITDA - Capex)	-	-	-	-	-
Net Debt / (EBITDA - Capex)	-	-	-	-	-
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	89.86	-63.99	-229.15	-75.59	-44.05
Gross Profit, 1 Yr. Growth %	89.86	-63.99	-229.15	-75.59	-44.05
EBITDA, 1 Yr. Growth %	-	-	-	-	-
EBITA, 1 Yr. Growth %	91.06	-64.4	-234.36	-73.97	-39.98
EBIT, 1 Yr. Growth %	91.06	-64.4	-234.36	-73.97	-39.98
Earnings From Cont. Operations, 1 Yr. Growth %	86.7	-63.31	-232.09	-75.58	-44.96
Net Income, 1 Yr. Growth %	86.7	-63.31	-232.09	-75.58	-44.96
Normalized Net Income, 1 Yr. Growth %	90.54	-64.04	-231.77	-73.74	-41.06
Diluted EPS Before Extra, 1 Yr. Growth %	86.13	-63.42	-231.47	-75.71	-45.02
Accounts Receivable, 1 Yr. Growth %	-	-	-	-	-
Inventory, 1 Yr. Growth %	-	-	-	-	-
Net Property, Plant and Equip., 1 Yr. Growth %	-4.84	-11.86	-9.62	127.66	21.5
Total Assets, 1 Yr. Growth %	47.87	-32.1	-26.54	-7.31	-17.58
Tangible Book Value, 1 Yr. Growth %	52.36	-35.17	-26.92	-8.97	-18.6
Common Equity, 1 Yr. Growth %	52.36	-35.17	-26.92	-8.97	-18.6
Cash From Operations, 1 Yr. Growth %	-49.66	-1.06	142.12	-81.13	-136.67
Capital Expenditures, 1 Yr. Growth %	-	-	-	-	-
Levered Free Cash Flow, 1 Yr. Growth %	90.13	-62.37	-230.28	-79.66	-10.79
Unlevered Free Cash Flow, 1 Yr. Growth %	90	-62.3	-229.57	-79.83	-11.03
Dividend Per Share, 1 Yr. Growth %	-	-	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	76.75	-17.32	-31.8	-43.86	-63.05
Gross Profit, 2 Yr. CAGR %	76.75	-17.32	-31.8	-43.86	-63.05
EBITDA, 2 Yr. CAGR %	-	-	-	-	-
EBITA, 2 Yr. CAGR %	73.87	-17.53	-30.84	-40.86	-60.47
EBIT, 2 Yr. CAGR %	73.87	-17.53	-30.84	-40.86	-60.47
Earnings From Cont. Operations, 2 Yr. CAGR %	71.73	-17.23	-30.38	-43.21	-63.34
Net Income, 2 Yr. CAGR %	71.73	-17.23	-30.38	-43.21	-63.34
Normalized Net Income, 2 Yr. CAGR %	73.5	-17.22	-31.17	-41.17	-60.66
Diluted EPS Before Extra, 2 Yr. CAGR %	71.14	-17.49	-30.65	-43.49	-63.17
Accounts Receivable, 2 Yr. CAGR %	-	-	-	-	-
Inventory, 2 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 2 Yr. CAGR %	4.53	-8.42	-10.75	43.45	66.31
Total Assets, 2 Yr. CAGR %	25.03	0.2	-29.38	-17.48	-12.59
Tangible Book Value, 2 Yr. CAGR %	25.85	-0.62	-31.17	-18.43	-13.92
Common Equity, 2 Yr. CAGR %	25.85	-0.62	-31.17	-18.43	-13.92
Cash From Operations, 2 Yr. CAGR %	-8.33	-29.42	54.78	-32.4	-73.69
Capital Expenditures, 2 Yr. CAGR %	-	-	-	-	-
Levered Free Cash Flow, 2 Yr. CAGR %	74.53	-15.41	-29.98	-48.53	-57.41
Unlevered Free Cash Flow, 2 Yr. CAGR %	74.81	-15.37	-30.11	-48.87	-57.64
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	26.22	4	-4.06	-51.58	-43.92
Gross Profit, 3 Yr. CAGR %	26.22	4	-4.06	-51.58	-43.92
EBITDA, 3 Yr. CAGR %	-	-	-	-	-
EBITA, 3 Yr. CAGR %	26.24	2.48	-2.96	-50.06	-40.57
EBIT, 3 Yr. CAGR %	26.24	2.48	-2.96	-50.06	-40.57
Earnings From Cont. Operations, 3 Yr. CAGR %	25.53	2.66	-3.28	-50.9	-43.8
Net Income, 3 Yr. CAGR %	25.53	2.66	-3.28	-50.9	-43.8
Normalized Net Income, 3 Yr. CAGR %	26.39	2.68	-3.36	-50.08	-41.14
Diluted EPS Before Extra, 3 Yr. CAGR %	25.25	2.32	-3.63	-51.12	-43.72
Accounts Receivable, 3 Yr. CAGR %	-	-	-	-	-
Inventory, 3 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 3 Yr. CAGR %	0.57	-1.25	-8.82	21.95	35.72
Total Assets, 3 Yr. CAGR %	7.33	2	-9.65	-22.68	-17.51
Tangible Book Value, 3 Yr. CAGR %	7.21	0.88	-10.3	-24.45	-18.49
Common Equity, 3 Yr. CAGR %	7.21	0.88	-10.3	-24.45	-18.49
Cash From Operations, 3 Yr. CAGR %	-12.68	-5.96	6.44	-23.25	-44.87
Capital Expenditures, 3 Yr. CAGR %	-	-	-	-	-
Levered Free Cash Flow, 3 Yr. CAGR %	26.34	4.66	-2.31	-53.63	-38.17
Unlevered Free Cash Flow, 3 Yr. CAGR %	26.26	4.83	-2.46	-53.81	-38.51
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	95.7	35.82	-1.33	-18.73	-34.5
Gross Profit, 5 Yr. CAGR %	95.7	35.82	-1.33	-18.73	-34.5
EBITDA, 5 Yr. CAGR %	-	-	-	-	-
EBITA, 5 Yr. CAGR %	101.98	33.52	-0.77	-17.75	-32.24
EBIT, 5 Yr. CAGR %	101.98	33.52	-0.77	-17.75	-32.24
Earnings From Cont. Operations, 5 Yr. CAGR %	101.68	33.7	-0.84	-18.98	-34.39
Net Income, 5 Yr. CAGR %	101.68	33.7	-0.84	-18.98	-34.39
Normalized Net Income, 5 Yr. CAGR %	102.41	33.72	-0.89	-17.83	-32.54
Diluted EPS Before Extra, 5 Yr. CAGR %	101.7	33.45	-1.13	-19.31	-34.41
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	-
Inventory, 5 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 5 Yr. CAGR %	-2.22	-3.77	-4.12	14.66	15.96
Total Assets, 5 Yr. CAGR %	6.39	1.12	-9.22	-6.29	-10.84
Tangible Book Value, 5 Yr. CAGR %	6	-0.01	-10.21	-7.34	-11.76
Common Equity, 5 Yr. CAGR %	6	-0.01	-10.21	-7.34	-11.76
Cash From Operations, 5 Yr. CAGR %	-13.72	-2.58	9.79	-17.6	-39.15
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	-
Levered Free Cash Flow, 5 Yr. CAGR %	95.58	34.88	-0.23	-21.21	-29.91
Unlevered Free Cash Flow, 5 Yr. CAGR %	94.62	35.27	-0.34	-21.34	-30.13
Dividend Per Share, 5 Yr. CAGR %	-	-	-	-	-