K33 AB (publ) (K33) Earnings Call Transcripts
K33 AB (publ)'s Latest Earnings Call - Q1 FY2026
In Q1 FY2026, K33 AB (publ) reported a significant increase in trading volumes despite a challenging crypto market, with a 73% growth in trading volume while the market fell by 15%. The company introduced a new lending product, allowing clients to borrow against crypto collateral, marking a strategic expansion of their service offerings. Revenue and earnings were negatively impacted by Bitcoin's downturn and investments in MICA licensing preparations. Management remains optimistic, citing strong institutional interest and strategic acquisitions, such as a 46% stake in Sixty Six Capital, to enhance their operational capabilities.
Reported metrics
| Metric | Value |
|---|---|
| Trading Volume | SEK 2.7 billion annualized (beat) |
| Bitcoin Exposure | Increased by 20% (positive) |
| MICA Licensing | Expected by end of Q2 (neutral) |
Guidance from management
Management expects to obtain MICA licensing by the end of Q2, which will enable further scaling with institutional partners. The lending business is anticipated to grow substantially over the coming quarters.
What analysts pressed on
Analysts expressed concerns about the impact of Bitcoin's price volatility on K33's financials and the costs associated with MICA licensing preparations. Questions also arose regarding the timeline for the lending business to significantly contribute to revenue.
Main topics on the call
- Trading Volume Growth — K33 reported a 73% increase in trading volume, contrasting with a 15% decline in the overall market. CEO Torbjørn Jenssen stated, 'We are continuing to win market share.'
- Introduction of Lending Services — K33 launched a crypto-collateralized lending service, initially targeting corporate clients. This initiative is expected to become a significant revenue stream over time.
- MICA Licensing Preparation — K33 is preparing for MICA licensing, which is expected by the end of Q2. Jenssen expressed confidence in obtaining the license, which will reduce competition and enable scaling with institutional partners.
- Acquisition of Sixty Six Capital Stake — K33 acquired a 46% stake in Sixty Six Capital, increasing their Bitcoin exposure by 20% and enhancing their balance sheet for operational leverage.
Read the full K33 AB (publ) transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About K33 AB (publ)
K33 AB (publ) (K33) is a publicly listed company in the Capital Markets industry, within the Financials sector. It trades on OM and is based in SE. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 7 calls on record spanning August 22, 2023 to August 27, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 7 K33 AB (publ) earnings call transcripts on record, spanning August 22, 2023 to August 27, 2026. Based on this history, K33 AB (publ) reports semi-annually. The most recent call on file is dated August 27, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- K33
- Exchange
- OM
- Country
- SE
- Sector
- Financials
- Industry
- Capital Markets
- Calls on record
- 7
- First call
- August 22, 2023
- Most recent
- August 27, 2026
- Reporting cadence
- semi-annually
| Quarter | Date | |
|---|---|---|
| Q2 FY2026 | Aug 27, 2026 | Read transcript → |
| Q1 FY2026 | May 21, 2026 | Read transcript → |
| Q4 FY2025 | Feb 26, 2026 | Read transcript → |
| Q3 FY2025 | Nov 20, 2025 | Read transcript → |
| Q1 FY2025 | May 28, 2025 | Read transcript → |
| Shareholder/Analyst Calls | Dec 20, 2024 | Read transcript → |
| Q2 FY2023 | Aug 22, 2023 | Read transcript → |