K33/Arcario WKN: A1415N ISIN: SE0007614722 Kürzel: 869 Forum: Aktien User: Higgins

Der Kurs quittiert es schon.

Arcario discloses material changes to accounts since publication of the 2023 Q4 interim report. The changes include an additional depreciation of tangible fixed assets of SEK 31 821K due to impairment and a decrease in net sales and cost of goods sold by SEK 29 300K due to intra-group transactions not being eliminated. The 2023 Q4 interim report was issued on 27 February 2024. During the preparation of the annual report and finalization of the statutory audit of the 2023 group accounts a material subsequent event has occurred that impacts the 2023 financial statement. Two accounting mistakes were corrected and a few re-classifications (i.e. not impact on the result) were included. Arcario AB accounts have also been impacted by the same subsequent event and one item has been reclassified without any impact on the result. GROUP ACCOUNTS Subsequent event The bitcoin halving on 19 April 2024 has made Green Data’s bitcoin mining operations with the current setup unviable. The bitcoin mining equipment has been written down to a value corresponding to the expected resale value. This has resulted in fixed assets decreasing from SEK 35,856K to SEK 3,984K. Accounting mistakes The interim report overstated losses from associated companies. This has resulted in financial assets increasing from SEK 13,431K to SEK 20,610K. Customer crypto assets and corresponding liabilities were valued at the wrong exchange rate resulting in an overstatement of cost of sale and an understatement of interest income and other financial income, the net P&L impact of this adjustment is an improvement of SEK 469K. Reclassifications and group eliminations Internal transactions and test trades to validate K33’s new trading platform were not eliminated in the interim report leading to inflated revenue and cost of sale for the group. Total net sales and cost of sales were both overstated by SEK 29,300K. This has resulted in Net Sales decreasing from SEK 183,393K to SEK 154,093 and Cost of Sale decreasing from 175,674K to SEK 144,727K. Interest rates on internal loans were not eliminated in the interim report leading to inflated interest income and interest expense by SEK 10,372K respectively. This has no impact on the group’s result for the year. EBT bridge between 2023 Q4 interim report and 2023 Annual report. (SEK ‘000) Reported EBT in 2023 Q4 Interim report -65 378 Write down of bitcoin mining equipment -31 821 Correction of associated companies’ error 6 695 Crypto revaluation 469 Other 38 Expected EBT in 2023 Annual Report -89 997 ARCARIO AB ACCOUNTS Subsequent event The decision to wind down the bitcoin mining operation in Green Data is a strong indication that the receivables in Arcario AB towards Green Data cannot be paid in full. Receivables have been written down to zero resulting in a one-off charge of SEK 47 198K. This has resulted in current receivables decreasing from SEK 111,407K to SEK 64,196K. Reclassification The SEK 217M impairment charge for shares in subsidiaries was erroneously classified as a depreciation in the 2023 Q4 Interim report. This item will instead be classified as a non-recurring amortization of current assets. This has no impact on the company’s result for the year. All changes are solely related to Q4 2023 and have no impact on reported results or financial position for any preceding quarter. Updated Profit & Loss for 2023 and Balance Sheet as of 2023-12-31 for the Group and Arcario AB attached.

Wie immer: Geduld aufbringen … wird aber langsam zäh …

Puh, weiß echt nicht was ich davon halten soll.

Zum Thema Verschiebung … Arcario AB postpones the Annual General Meeting and the Annual Report 2023 As more time is needed to finalise the audit and prepare the Annual Report 2023, Arcario AB has decided to postpone the Annual General Meeting from 13 June 2024 to 28 June 2024 as well as to postpone the publication of the Annual Report 2023 to 7 June 2024. The financial calendar has been updated accordingly. The delay is caused by the auditors needing additional time to finalise review of the consolidated accounts and FX treatment of inter-company balances and accounting classification of crypto transactions in K33 Markets. Arcario will convene the Annual General Meeting to 28 June 2024 separately.

Absolut. Derzeit ist Morten Klein Hauptanteilseigner. K33 scheint zu expandieren. Zumindest suchen sie Personal.

Wird Zeit, dass wir Abschlüsse zu sehen bekommen und diese ganze Veschieberei aufhört.

Heute geht es zumindest mal wieder hoch👍

Ceo auf Twitter "Bitcoin ist auf dem Weg zum Mainstream Bei K33 beobachten wir, dass sich immer mehr traditionelle Anleger und vermögende Privatpersonen an uns wenden, um Hilfe beim Kauf und Halten von Bitcoin zu erhalten. Mein Lieblingsbeispiel ist ein Private-Banking-Kunde von Nordea, dem von seinem Vermögensverwalter geraten wurde, Robert Næss auf Pengepodden zu hören und die Finger davon zu lassen. Der Kunde hörte sich die Folge an und rief mich an, um Bitcoin für ein paar Millionen zu kaufen" Übersetzt mit DeepL.com (kostenlose Version)

Auf D.iscord schwirren auch die Gerüchte rum. Tja, nichts genaues weiß man nicht …

Hauptversammlung Tagesordnung https://view.news.eu.nasdaq.com/view?id=bd350a4d372cbcfba9db91fbf873ec563&lang=en&src=micro

Q1 findet jetzt am 13 Juni statt. Weiß auch nicht was ich davon halten soll. Befürchte das Q1 nicht so gut wie erwartet ausfällt und man dann hofft auf bessere Zahlen in Q2 hinweisen zu können. Aber letztendlich spekulativ. Ich denke halt wenn q1 wirklich gut wäre würde das etwas durchsickern und sich im Kurs zeigen.

Mal sehen, ob die sich endlich aufrappeln werden. Wäre an der Zeit …

War doch letztes Jahr genauso oder erinnere ich mich falsch. Generell ist das Volumen seit Tagen sehr niedrig. Trost ist dass derzeit auch wenige verkaufen wollen.

Terminverschiebung: Arcario AB postpones the Annual General Meeting and the Annual Report 2023 As more time is needed to finalise the audit and prepare the Annual Report 2023, Arcario AB has decided to postpone the Annual General Meeting from 28 May 2024 to 13 June 2024 as well as to postpone the publication of the Annual Report 2023 to 23 May 2024. The financial calendar has been updated accordingly. Arcario will convene the Annual General Meeting to 13 June 2024 separately.

Wird interessant, was man im Mai zu berichten hat.