Professional
Added to YB: 2026-03-13
Pitch date: 2026-03-11
KINV-B.ST [neutral]
Kinnevik AB
+0.54%
current return
Author Info
NINGI Research publishes research reports and notes on publicly traded companies in the US and Europe. The research is sector-agnostic and tends to be focused on forensic accounting. Sign up for the newsletter.
Company Info
Kinnevik AB is a venture capital firm specializing in investments in early to late venture and growth capital.
Market Cap
SEK 15.3B
Pitch Price
SEK 51.54
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
-4.43
EV/Sales
-1.65
Sector
Financial Services
Category
special_situation
Kinnevik AB (KINV-B.ST): Our Response to Kinnevik's 'Clarifications'
KINV-B.ST (update): Sold SEK1.3B assets to employee's £1 fund (100A) while still on payroll, financed deal w/ SEK220M receivable due H1 2027. Admits no independent buyer would pay fair value. SEK7.1B losses buried in 'Other Unlisted' bucket. Pleo marked 58% above internal valuation. SEK2.2B into Mix-controlled Aira/Stegra (distressed). Software team exodus mirrors Climate Tech collapse. Related party policy listed 'N/A' in Code of Conduct despite owning 47% of transacted XYB (>20% threshold). No AI defense disclosed.
Read full article (5 min)