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Klarna Takes Another Step Toward IPO as it Showcases Profitability and New Walmart BNPL Deal

Retail TouchPoints

In the filing, Klarna did reveal some of its financial results for 2024, including its $21 million in net profit. The Sweden-based company, which has operated in the U.S. since 2015 , handled $105 billion in gross merchandise value (GMV) and has 93 million active customers and 675,000 merchants using its services.

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Vinted profit triples, driven by second-hand boom and Europe-wide growth

Retail Gazette

Second-hand marketplace Vinted has a reported sharp rise in revenue and profits for 2024, fuelled by growing consumer appetite for affordable pre-owned goods and ongoing expansion across Europe. The Lithuanian-based business posted a net profit of 76.7m, up from 17.8m the previous year, as sales climbed 36% to 813.4m.

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Essential Financial Advice for Every Business Owner

Small Biz Trends

Accurate record-keeping helps guarantee compliance and supports informed decision-making. Key Takeaways Maintain accurate record-keeping to ensure financial health and compliance with regulations. Establish an emergency fund with three to six months’ worth of operating expenses for financial security.

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Pepsi Drinkers Can Win up to $20,000 This Summer. Here’s How

Retail Wire

.” However, the corporation could implement some measures to potentially reduce tariff payments. It already operates a factory in Texas that produces beverage concentrates. It also recorded a net profit of $1.8 Second, the corporation might relocate more of its soda concentrate production away from Ireland.

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How to Create a Financial Plan for Your Business Plan

Small Biz Trends

The Income Statement is crucial, detailing your revenue streams and expenses as it reports net profit or loss. This helps you understand profitability. This process involves estimating anticipated sales as you carefully track costs associated with major projects.

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Analysis: a perfect retail storm is brewing

Inside Retail

Inflationary pressure on consumer discretionary spending, supply chain disruptions and elevated inventory levels, which tie up a retailers’ net working capital, are set to create the perfect storm for retailers that do not have a strategy in place to ensure they are well positioned for the choppy market conditions ahead.

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How customer loyalty helped Myer bounce back

Inside Retail

After a rollercoaster six months of lockdowns, Christmas and Omicron, department store Myer yesterday delivered a strong half year result with net profit up 55 per cent and its first dividend payment since FY17. This will ensure we’re getting products to our customers in the quickest and most effective way,” King said.