(Oslo, 2025-11-06)
Financial highlights:
* Investments of NOK 675m and NOK 3bn committed for 2025
* Unsecured collection performance of 108% (108%)
* Cash collections of NOK 1,858m (1,326m)
* Cash EBITDA of NOK 1,521m (1,012m)
* Adj. Net profit of NOK 212m (122m)
* Adj. Earnings per share of NOK 0.57 (0.33)
(Comparable numbers for 2024 in brackets)
Collections remained strong in the third quarter with an unsecured collection performance of 108%. Cash collections were up 40%, driven by 14% growth in unsecured collections and REO sales of NOK 468 million in the quarter.
Cash EBITDA was NOK 1,521 million up 50% from the same quarter last year and adjusted EBIT was NOK 476 million up 18%. Adjusted Net profit was NOK 212 million equivalent to adjusted Earnings per share of NOK 0.57, up from NOK 0.33 in the same quarter last year. Earnings per share YTD is NOK 1.49 tracking well ahead of the full year target.
B2 Impact invested NOK 675 million in new portfolios in the third quarter. The company is observing a high activity going into the fourth quarter. The investments in the third quarter were predominantly unsecured portfolios within consumer finance and banking. Year to date, the Group has invested and committed NOK 3 billion for 2025.
B2 Impact has a solid and diversified funding structure to support further growth. The leverage ratio at the end of the third quarter was 2.04x. With the latest bond issue in September, the Group has further reduced its cost of debt with annual cost savings of NOK 40 million. The Group holds an EUR 610 million senior secured revolving credit facility (RCF) and three senior unsecured bond loans of EUR 600 million in total.
“As we enter the fourth quarter, we are on track to deliver on our updated financial targets for 2025 and an increased dividend to be paid to our shareholders. We have laid a solid foundation for further financial improvements in 2026 during this year, and we look forward to sharing financial targets for 2026 in the fourth quarter.” said Trond Kristian Andreassen, CEO of B2 Impact ASA.
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For further information, please see the Q3 2025 presentation and report attached. The documents are also available on the Company's website: www.b2-impact.com
Definitions of alternative performance measures can be found in the report and presentation.
The results will be presented in an audiocast from 08:30 CEST today through this link:
Third quarter 2025 Presentation
Live viewers can submit their written questions for the Q&A in the provided form in the audiocast player.
The audiocast can also be accessed through the following link where questions for the Q&A can be asked live:
A recording of the audiocast will be available on-demand after the live stream is concluded.
For further information, please contact:
Rasmus Hansson
Head of Investor Relations and M&A
Mobile: +47 952 55 842
E-mail: rasmus.hansson@b2-impact.com
Or
André Adolfsen
CFO
Mobile: +47 930 19 150
E-mail: andre.adolfsen@b2-impact.com
About B2 Impact
B2 Impact is one of the leading pan-European debt management companies. B2 Impact offers solutions to the challenges created by defaulted loans, and provide liquidity to financial institutions, contributing to a healthier financial system. B2 Impact promote lasting financial improvement through transparent and ethical debt management. B2 Impact is headquartered in Oslo, Norway and the B2 Impact share is listed on the Oslo Stock Exchange under the ticker "B2I".
For further information, visit www.b2-impact.com
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 of the Norwegian Securities Trading Act. This stock exchange announcement was published by Rasmus Hansson, Head of Investor Relations and M&A at B2 Impact ASA, on 06.11.2025 at 07:00 CEST.
