Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Brita Eilertsen was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Apr 29
Axactor ASA announced that it expects to receive NOK 200 million in funding from Geveran Trading Co., Ltd., Fortress Investment Group LLP Axactor ASA has announced to issue a private placement of shares at a price of NOK 4.70 for gross proceeds of 200,000,000 on April 28, 2026. The transaction includes new and returning investor participation from Geveran Trading Company Ltd. for 172,102,014 and Fortress for 235,703,836 off shares. The Company's largest shareholder, Geveran Trading Company Ltd. and Fortress have, on a several basis, subject to certain terms and conditions, pre-committed to subscribe for Offer Shares for a total amount of EUR 175 million. The Private Placement is directed towards investors subject to and in compliance with applicable exemptions from relevant prospectus or registration requirements. The issuance of Offer Shares will be subject to approval by the extraordinary general meeting of the Company to be held on or about 20 May 2026. The transaction is expected to close on April 29, 2026. Duyuru • Aug 18
Axactor ASA, Annual General Meeting, May 05, 2026 Axactor ASA, Annual General Meeting, May 05, 2026. New Risk • Nov 02
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €89.5m (US$97.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.2x net interest cover). Minor Risks Profit margins are more than 30% lower than last year (5.9% net profit margin). Market cap is less than US$100m (€89.5m market cap, or US$97.0m). Duyuru • Nov 01
Axactor ASA, Annual General Meeting, May 06, 2025 Axactor ASA, Annual General Meeting, May 06, 2025. Recent Insider Transactions • May 31
Independent Director recently bought €7.6k worth of stock On the 24th of May, Kjersti Hoklingen bought around 21k shares on-market at roughly €0.36 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €101k more in shares than they have sold in the last 12 months. New Risk • May 08
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 17% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risk Profit margins are more than 30% lower than last year (11% net profit margin). New Risk • Feb 19
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Earnings are forecast to decline by an average of 0.5% per year for the foreseeable future. New Risk • Feb 16
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. New Risk • Jan 26
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 3.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Earnings are forecast to decline by an average of 3.4% per year for the foreseeable future. Board Change • Dec 21
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Brita Eilertsen was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Dec 12
Axactor ASA Approves Appointment of Ørjan Svanevik as Member to the Board of Directors Axactor ASA held an extraordinary general meeting on December 11, 2023. The extraordinary general meeting approved the proposal from the nomination committee, to appoint Ørjan Svanevik as a new member to the board of directors, until the annual general meeting in 2025. After the general meeting, the board has the following composition: Terje Mjøs as chair, and Brita Eilertsen, Lars Erich Nilsen, Kjersti Høklingen andØrjan Svanevik as board members. New Risk • Oct 13
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 11% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Duyuru • Jul 14
Axactor ASA (OB:ACR) acquired Portfolio of non-performing loans from Sociedad de Gestión de Activos Procedentes de la Reestructuración Bancaria, S.A. in a transaction valued at €3 billion. Axactor ASA (OB:ACR) acquired Portfolio of non-performing loans from Sociedad de Gestión de Activos Procedentes de la Reestructuración Bancaria, S.A. in a transaction valued at €3 billion on July 13, 2023. EY acted as financial advisor to Sociedad de Gestión de Activos Procedentes de la Reestructuración Bancaria.
Axactor ASA (OB:ACR) completed the acquisition of Portfolio of non-performing loans from Sociedad de Gestión de Activos Procedentes de la Reestructuración Bancaria, S.A. on July 13, 2023. Recent Insider Transactions • May 19
Chief of Strategy & IR recently sold €73k worth of stock On the 16th of May, Kyrre Svae sold around 150k shares on-market at roughly €0.49 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €37k more than they sold in the last 12 months. Board Change • May 17
High number of new directors Director Kjersti Hoklingen was the last director to join the board, commencing their role in 2023. Duyuru • May 06
Axactor ASA and GESCOBRO COLLECTION SERVICES, S.L.U. acquired 1.1 billion euro Loan Portfolio from Banco Santander, S.A. Axactor ASA and GESCOBRO COLLECTION SERVICES, S.L.U. acquired 1.1 billion euro Loan Portfolio from Banco Santander, S.A. on May 5, 2023.Axactor ASA and GESCOBRO COLLECTION SERVICES, S.L.U. completed the acquisition of 1.1 billion euro Loan Portfolio from Banco Santander, S.A. on May 5, 2023. Duyuru • May 04
Axactor ASA Appoints Kjersti Hoklingen as a Director Axactor ASA announced that at the AGM held on May 3, 2023 approved the appointed Kjersti Hoklingen as a director. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Brita Eilertsen was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Nov 11
Axactor ASA (OB:ACR) acquired Unsecured loan portfolio from Banco Santander, S.A. (BME:SAN) for €392 million. Axactor ASA (OB:ACR) acquired Unsecured loan portfolio from Banco Santander, S.A. (BME:SAN) for €392 million on November 10, 2022.
Axactor ASA (OB:ACR) completed the acquisition of Unsecured loan portfolio from Banco Santander, S.A. (BME:SAN) for €392 million on November 10, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Brita Eilertsen was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Oct 28
Independent Director recently bought €83k worth of stock On the 27th of October, Terje Mjos bought around 100k shares on-market at roughly €0.83 per share. In the last 3 months, there was an even bigger purchase from another insider worth €90k. Insiders have collectively bought €224k more in shares than they have sold in the last 12 months. Board Change • Sep 17
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Brita Eilertsen was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Aug 18
Chief Financial Officer recently bought €90k worth of stock On the 17th of August, Nina Mortensen bought around 95k shares on-market at roughly €0.95 per share. This was the largest purchase by an insider in the last 3 months. This was Nina's only on-market trade for the last 12 months. Analyst Estimate Surprise Post Earnings • Feb 25
Revenue misses expectations Revenue missed analyst estimates by 0.6%. Over the next year, revenue is forecast to grow 36%, compared to a 42% growth forecast for the Consumer Finance industry in Germany. Duyuru • Feb 25
Axactor SE to Report Fiscal Year 2020 Final Results on Mar 25, 2021 Axactor SE announced that they will report fiscal year 2020 final results on Mar 25, 2021 Is New 90 Day High Low • Feb 21
New 90-day low: €0.83 The company is down 7.0% from its price of €0.89 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Finance industry, which is up 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.92 per share. Duyuru • Jan 31
Geveran Trading Co., Ltd. made an offer to acquire remaining 55.7% in Axactor SE (OB:ACR) for NOK 1.2 billion. Geveran Trading Co., Ltd. made an offer to acquire remaining 55.7% in Axactor SE (OB:ACR) for NOK 1.2 billion on January 28, 2021. The shares will be acquired at NOK 8 per share. As of January 29, 2021, Geveran holds 122 million shares (44.3% stake). The terms and conditions of the Offer have been approved by Oslo Stock Exchange and is subject to regulatory approvals. The offer is valid for acceptances from January 29, 2021 to February 26, 2021. DNB Markets acted as receiving agent. Duyuru • Jan 12
Axactor SE Announces CFO Changes Axactor SE announced appointment of Kyrre Svae as interim CFO. Teemu Alaviitala has resigned from his position as CFO, effective from 11 January 2021. Is New 90 Day High Low • Jan 05
New 90-day high: €1.06 The company is up 43% from its price of €0.74 on 07 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Finance industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.15 per share. Is New 90 Day High Low • Dec 17
New 90-day high: €1.01 The company is up 24% from its price of €0.82 on 18 September 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Finance industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.13 per share. Duyuru • Dec 11
Axactor SE (OB:AXA) agreed to acquire remaining 50% stake in Axactor Invest 1 S.À R.L. from Geveran Trading Co., Ltd. Axactor SE (OB:AXA) agreed to acquire remaining 50% stake in Axactor Invest 1 S.À R.L. from Geveran Trading Co., Ltd. for NOK 3.1 billion on December 9, 2020. The consideration includes issue of 50 million shares share price of NOK 8.0. The transaction will increase Geveran’s ownership from 31.95% to 46.41% (before the contemplated equity issues), which will upon approval by the EGM trigger a mandatory offer. For the year ended on December 31, 2019, Axactor Invest 1 S.À R.L. reported revenue of NOK 429.15 million, total assets of NOK 3.1 billion, EBITDA of NOK 298.91 million, net income of 155.82 million and Common equity of NOK 1.2 billion. Axactor will realize a gain on the transaction directly in equity, which together on a pro forma basis per Q3 will result in a increase of shareholder’s equity of NOK 587.15 million, corresponding to the book value of the minority interest. Is New 90 Day High Low • Nov 19
New 90-day high: €0.89 The company is up 29% from its price of €0.69 on 21 August 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Finance industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.087 per share. Analyst Estimate Surprise Post Earnings • Nov 02
Revenue beats expectations Revenue exceeded analyst estimates by 18%. Over the next year, revenue is forecast to grow 13%, compared to a 22% growth forecast for the Consumer Finance industry in Germany. Analyst Estimate Surprise Post Earnings • Oct 30
Third-quarter earnings released: Revenue beats expectations Third-quarter revenue exceeded analyst estimates by 18% at €62.3m. Revenue is forecast to grow 13% over the next year, compared to a 39% growth forecast for the Consumer Finance industry in Germany. Is New 90 Day High Low • Sep 18
New 90-day high: €0.85 The company is up 28% from its price of €0.67 on 19 June 2020. The German market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Finance industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.099 per share.