Axactor AB

Axactor posted an accounting loss in Q2 2026, driven by a negative revaluation of unsecured NPLs of €320 million, which pushed group revenue to minus €258 million and EBITDA to minus €290 million. Operationally the business remained stable: gross revenue €78 million and a positive cash-EBITDA of €46 million; collection rates improved after adjustment of the curves. The balance sheet has strengthened following an equity raise of €215 million and a bond placement of €100 million, and net debt fell to €559 million. Refinancing the ACR04 bond is crucial for future investment capacity; management expects no further revaluations and is targeting a possible dividend payment in June/July 2027. » More on de.investing.com

Axactor recorded a group loss of €258m in the second quarter and an EBITDA of minus €290m after a negative revaluation of unsecured NPL portfolios of €320m (33% of book value). Operationally, cash EBITDA remained positive at €46m, the 3PC business grew slightly and recovery rates improved after curve adjustments. Net debt fell to €559m, supported by a capital increase of €215m and a bond placement of €100m. Management does not expect further revaluations but makes future investment capacity dependent on refinancing the ACR04 bond and targets a dividend payment no earlier than mid‑2027. » More on de.investing.com

Axactor reports gross revenue of EUR 75m for Q1 2026 (‑3% year‑on‑year) and an EBITDA of EUR 22m with a margin of 42%. The 3PC segment shows adjusted growth of 12%, while negative revaluations weighed on the EBITDA margin. A strategic transaction with the Fortress Investment Group is intended to strengthen the capital structure and operational capabilities; planned are annual NPL investments of EUR 200–400m and the sale of a starter portfolio with expected proceeds of around EUR 100m. The company stresses cost discipline; the share fell 0.78% after the results. » More on de.investing.com

Axactor reports gross revenues of €99m for Q4 2025 (-39% yoy), but adjusts for 6% organic growth and a strong 3PC segment (+16%) that delivered record revenues. Cash EBITDA rose to €54m with a margin of 64%; interest expense fell by 15%. NPL revenues declined by 45% due to portfolio sales; management announces it will forgo a dividend for 2025 in favor of deleveraging and financing. For 2026 Axactor aims for NPL investments of €100–200m, a ROE of at least 12% and maximum leverage of 3.5x, and plans to issue a €100m bond for refinancing. » More on de.investing.com

Axactor SE reports a collections performance of 102% for Q2 2025 and records an annualized return on equity of 8% (12% excluding special items), following a strong first half. The company reports stable revenue of €81 million, accelerated growth in the 3PC segment, particularly in Norway and Spain, and an improved capital structure thanks to cheaper refinancings. » More on de.investing.com