Logotype for K33 AB

K33 (K33) investor relations material

K33 Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for K33 AB
Q4 2025 earnings summary26 Feb, 2026

Executive summary

  • Revenue more than doubled in 2025 to 2,211 MSEK, driven by market share gains, platform expansion, and stronger client relationships, despite a bearish and flat crypto market.

  • Strengthened balance sheet through increased Bitcoin holdings and strategic acquisition of a 46% stake in Sixty Six Capital, boosting effective Bitcoin exposure.

  • Launched new products, including Smart Limits and Crypto-Backed Lending, and completed a new frontend to diversify revenue and enhance client value.

  • Initiated first partnership with Pensum Asset Management and expects MiCA regulatory approval in Q2 2026 to support further expansion.

  • Q4 was impacted by a sharp Bitcoin correction, resulting in a 35.6 MSEK unrealized loss, but operational momentum continued into 2026.

Financial highlights

  • Full-year 2025 revenue reached 2,211 MSEK, up 128% year-over-year; Q4 revenue was 428.7 MSEK, up 14% year-over-year.

  • 12-month rolling trading volume reached 2.67bn SEK as of February 2026, with over 632M SEK traded in Q1 2026.

  • Negative net result for 2025 mainly due to a 36m SEK unrealized loss from Bitcoin price decline.

  • Q4 EBITDA was -4,074 KSEK; full-year EBITDA was -6,103 KSEK; Q4 net result was -39,726 KSEK; full-year net result was -52,146 KSEK.

  • Earnings per share before dilution: SEK -0.0027 in Q4, SEK -0.0040 for the year.

Outlook and guidance

  • Focus for 2026 is on scaling institutional and corporate relationships, expanding lending, and building institutional partnerships.

  • MiCA license approval expected in Q2 2026, supporting European expansion and regulated institutional relationships.

  • Lending is expected to become a substantial part of the revenue mix by year-end 2026.

How will BTC treasury strategy drive future profit?
What specific client segments drove 2025 growth?
Quantify lending's expected 2026 revenue contribution
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next K33 earnings date

Logotype for K33 AB
Q1 202621 May, 2026
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next K33 earnings date

Logotype for K33 AB
Q1 202621 May, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Arcario is a blockchain investment and development company that utilises its resources to delve deep into the uncharted waters of cryptocurrency and the underlying technology, blockchain. The company invests in the projects from its own multi-million krona fund or co-invests with leading Nordic investors and funds through the venture fund. The company was founded in 2004 and based in Stockholm, Sweden.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage