Axactor Q1 gross revenue stable, profit falls

Axactor ASA

29/05/2026 06:10

Overview
Debt collector's Q1 gross revenue stable yr/yr at EUR 75 mln
Q1 total revenue and EBITDA declined compared to prior year
Company completed EUR 100 mln bond issue after quarter, following transformational deal with Fortress and Geveran

Outlook
Axactor expects lower funding costs and increased investment capacity following recent transaction
Company anticipates attractive collection performance and substantial shareholder distribution capacity
Axactor says new EUR 100 mln bond issue marks a step-change in funding cost

Result Drivers
3PC SEGMENT GROWTH - Co said 3PC segment revenue grew 5% yr/yr and contribution margin improved to 37% from 33%
PORTFOLIO SALES AND LOW INVESTMENT - Co said stable gross revenue was achieved despite portfolio sales in Q4 2025 and low investment levels in 2025

Company press release: ID:nObim2RWKa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Total Income
Miss
EUR 53 mln
EUR 65 mln (1 Analyst)
Q1 Gross Revenue
 
EUR 75 mln
 
Q1 Adjusted EBITDA
 
EUR 45 mln
 
Q1 EBITDA
 
EUR 22 mln
 
Q1 Investments
 
EUR 37 mln
 

Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the corporate financial services peer group is "buy"
Wall Street's median 12-month price target for Axactor ASA is NOK8.75, about 71.6% above its May 28 closing price of NOK5.10
The stock recently traded at 3 times the next 12-month earnings vs. a P/E of 5 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)