Axactor SE: First quarter 2022 financial results
(Oslo, 28 April 2022) Axactor SE (Axactor, OSE: ACR) announce first quarter 2022 financial results.
Key figures Q1 2022 for continuing operations (Q1 2021 in brackets)*- Gross revenue of EUR 77m (EUR 75m)- Total income of EUR 56m (EUR 51m)- EBITDA of EUR 27m (EUR 20m)- Cash EBITDA of EUR 48m (EUR 44m)- Return on equity 8% (0%)- NPL investments of EUR 80m (EUR 16m)
“I am pleased to see a positive development in all key figures on continuing operations compared to last year. We are back to a collection performance of 100% for the quarter. Portfolios are acquired at