(Oslo, 29 May 2026) Axactor ASA announces first quarter financial results.
Axactor deliver stable gross revenue y-o-y despite portfolio sales in Q4 2025
and low investment levels in 2025. The 3PC segment grew 5% y-o-y and the
contribution margin improved from 33% to 37% y-o-y. Adjusted for a positive
one-time effect last year, the underlying 3PC revenue growth was 12%.
Key figures Q1 2026 (Q1 2025 in brackets)*
- Gross revenue of EUR 75m (EUR 77m)
- Total revenue of EUR 53m (EUR 65m)
- EBITDA of EUR 22m (EUR 32m)
- Cash EBITDA of EUR 45m (EUR 47m)
- Net profit after tax of EUR 1m (EUR 10m)
- NPL investments of EUR 37m (EUR 5m)
"The most important aspect in this report is the events after the quarter. On 28
April Axactor announced a transformational transaction backed by Fortress and
Geveran to support next phase of growth" says CEO Johnny Tsolis.
He further adds: "Geveran and Fortress are two of the most respected names in
the industry. The transaction and our co-investment agreement with Fortress
provides significant investment capacity, superior underwriting capabilities and
an extensive NPL deal sourcing network. The new and stronger balance sheet is
expected to result in a
significantly lower cost of funding, increased investment capacity, and
attractive collection performance, supporting substantial shareholder
distribution capacity going forward"
Shortly after the announcement of the transaction, Axactor successfully
completed a new 4.25-year senior unsecured floating rate bond issue of EUR 100
million with a coupon of 3m EURIBOR + 3.90%.
"Our newly issued bond (ACR06) with a record-low margin for the company confirms
strong market confidence in our transformation and marks a step-change in
funding cost" states Mr. Tsolis.
Presentation
10:00 am CEST, 29 May 2026: The results will be presented in a global investor
webcast with a live Q&A session. A recording of the webcast will be made
available after the live stream is concluded on axactor.com.
Webcast participation will be possible via the following. Please note that you
need to register before you will be provided with streaming access or phone
number, access code and pin.
Webcast:
- https://events.q4inc.com/attendee/776971527
Phone:
- https://registrations.events/direct/Q4I1853262474000000000000
For additional information, please contact:
Johnny Tsolis, CEO
Tel: +47 913 35 461
E-mail: johnny.tsolis@axactor.com
Kyrre Svae, Deputy CEO & CSO
Tel: +47 478 39 405
E-mail: kyrre.svae@axactor.com
To learn more about Axactor, visit www.axactor.com
*EBITDA and other alternative performance measures (APMs) are defined and
reconciled to the IFRS financial statements as a part of the APM section of the
financial report.
This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to Section 5-12 the Norwegian Securities Trading Act. This stock exchange
announcement was published by Eilif Drageseth, Deputy CFO at Axactor ASA, on 29
May 2026 at 07:00 CEST.
published by Eilif Drageseth\, Deputy CFO at Axactor ASA\, on 29\
May 2026 at 07:00 CEST.\