Axactor ASA: Third quarter financial results
(Oslo, 27 October 2022) Axactor ASA (Axactor, OSE: ACR) announce third quarter financial results.
Key figures Q3 2022 for continuing operations (Change from Q3 2021 in brackets)*- Gross revenue of EUR 82m (up 17%)- Total income of EUR 59m (up 51%)- EBITDA of EUR 30m (up 133%)- Cash EBITDA of EUR 54m (up 22%)- Return on equity 10% (up 12pp)- NPL investments of EUR 69m (up 114%)
"We deliver a solid quarter with 10% annualized return on equity and a cashEBITDA growth of 22% y-o-y on continuing operations. Furthermore, I ampleased to see that we have further improved our