Switch theme
Sign up to access all valuation multiples
Kinnevik AB is an operationally oriented investment group with an entrepreneurial focus on building digital brands. It concentrates its growth-style investment efforts on four sectors: TMT, e-commerce and marketplaces, Healthcare and financial services. Nearly all of its capital is committed to the communication e-commerce and marketplace sectors. The group, through its various subsidiaries, is geographically diversified and operationally present in over 80 countries. Kinnevik's bias is toward investing in emerging markets because of the opportunity afforded by these markets' reliance on legacy products and services. A key component of its is to create consumer choice of solutions in markets where supply may have been previously constrained.
1936
46
LTM Revenue $93.9M
LTM EBITDA $50.7M
$2.5B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Kinnevik has a last 12-month revenue of $93.9M and a last 12-month EBITDA of $50.7M.
In the most recent fiscal year, Kinnevik achieved revenue of -$260M and an EBITDA of n/a.
Kinnevik expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Kinnevik valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | -$468M | -$260M | XXX | XXX | XXX |
| Gross Profit | n/a | n/a | XXX | XXX | XXX |
| Gross Margin | NaN% | NaN% | XXX | XXX | XXX |
| EBITDA | n/a | n/a | XXX | XXX | XXX |
| EBITDA Margin | NaN% | NaN% | XXX | XXX | XXX |
| Net Profit | -$1.9B | -$473M | XXX | XXX | XXX |
| Net Margin | 414% | 182% | XXX | XXX | XXX |
| Net Debt | $37.5M | $111M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
As of April 15, 2025, Kinnevik's stock price is SEK 75 (or $7).
Kinnevik has current market cap of SEK 21.4B (or $2.1B), and EV of SEK 24.9B (or $2.5B).
See Kinnevik trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $2.5B | $2.1B | XXX | XXX | XXX | XXX | $0.31 |
Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more
Sign UpAs of April 15, 2025, Kinnevik has market cap of $2.1B and EV of $2.5B.
Kinnevik's trades at 26.4x LTM EV/Revenue multiple, and 48.8x LTM EBITDA.
Analysts estimate Kinnevik's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Kinnevik and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $2.5B | XXX | XXX | XXX |
| EV/Revenue | -9.5x | XXX | XXX | XXX |
| EV/EBITDA | n/a | XXX | XXX | XXX |
| P/E | -8.2x | XXX | XXX | XXX |
| P/E/Growth | n/a | XXX | XXX | XXX |
| EV/FCF | -113.4x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpKinnevik's NTM/LTM revenue growth is 68%
Kinnevik's revenue per employee for the last fiscal year averaged -$5.6M, while opex per employee averaged $17K for the same period.
Over next 12 months, Kinnevik's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Kinnevik's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Kinnevik and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | -45% | XXX | XXX | XXX | XXX |
| EBITDA Margin | n/a | XXX | XXX | XXX | XXX |
| EBITDA Growth | n/a | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | n/a | XXX | XXX | XXX | XXX |
| Revenue per Employee | -$5.6M | XXX | XXX | XXX | XXX |
| Opex per Employee | $17K | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 0% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | 0% | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| XXX | XXX | XXX | XXX | XXX | XXX | |
| Waha Capital | XXX | XXX | XXX | XXX | XXX | XXX |
| CVC Capital Partners | XXX | XXX | XXX | XXX | XXX | XXX |
| EXOR | XXX | XXX | XXX | XXX | XXX | XXX |
| Pengana Private Equity | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Kinnevik acquired XXX companies to date.
Last acquisition by Kinnevik was XXXXXXXX, XXXXX XXXXX XXXXXX . Kinnevik acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.
Sign Up| When was Kinnevik founded? | Kinnevik was founded in 1936. |
| Where is Kinnevik headquartered? | Kinnevik is headquartered in Sweden. |
| How many employees does Kinnevik have? | As of today, Kinnevik has 46 employees. |
| Who is the CEO of Kinnevik? | Kinnevik's CEO is Mr. Georgi Ganev. |
| Is Kinnevik publicy listed? | Yes, Kinnevik is a public company listed on STO. |
| What is the stock symbol of Kinnevik? | Kinnevik trades under KINV A ticker. |
| When did Kinnevik go public? | Kinnevik went public in 1987. |
| Who are competitors of Kinnevik? | Similar companies to Kinnevik include e.g. , Waha Capital, CVC Capital Partners, EXOR. |
| What is the current market cap of Kinnevik? | Kinnevik's current market cap is $2.1B |
| What is the current revenue of Kinnevik? | Kinnevik's last 12-month revenue is $93.9M. |
| What is the current EBITDA of Kinnevik? | Kinnevik's last 12-month EBITDA is $50.7M. |
| What is the current EV/Revenue multiple of Kinnevik? | Current revenue multiple of Kinnevik is 26.4x. |
| What is the current EV/EBITDA multiple of Kinnevik? | Current EBITDA multiple of Kinnevik is 48.8x. |
| What is the current revenue growth of Kinnevik? | Kinnevik revenue growth between 2023 and 2024 was -45%. |
| Is Kinnevik profitable? | Yes, Kinnevik is EBITDA-positive (as of the last 12 months). |
Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.
