K33 releases Q1 2026 financial report: revenue up 64% year-over-year, net loss widens

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Deep Tide TechFlow News, May 21, according to the official announcement from K33, K33 AB (publ) released its Q1 2026 interim report on May 21, 2026. Q1 revenue reached 739,822 kSEK, a year-over-year increase of 64% and a quarter-over-quarter increase of 73%, during which the overall spot market trading volume declined by approximately 15%. K33 Markets' rolling 12-month trading volume is approximately 2.7 billion SEK. Due to the decline in Bitcoin prices, quarterly net loss widened to -35,815 kSEK (compared to -4,033 kSEK in the same period last year), with EBITDA at -6,103 kSEK.

On the business front, K33 launched crypto asset collateralized lending services this quarter, completed major platform upgrades with full bank integration, and expanded Bitcoin exposure by acquiring a 46% stake in Sixty Six Capital. The company stated it is prepared for MiCA compliance approval, which is expected to be granted by the end of Q2. After the quarter ended, Bitcoin prices have significantly rebounded, positively impacting the group's Bitcoin exposure value.

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