B2 Impact ASA: Second quarter and half year results 2026

(Oslo, 2026-08-20)

Financial highlights:

* Investments of NOK 1.3bn and NOK 3.1bn invested and committed for 2026
 
* Unsecured collection performance of 117% (112%)
 
* Cash collections of NOK 1,665m (1,510m)
 
* Cash EBITDA of NOK 1,262m (1,151m)
 
* Adj. Net profit of NOK 246m (202m)
 
* Adj. Earnings per share of NOK 0.66 (0.55)
 
(Comparable numbers for 2025 in brackets)
 
Increased financial targets for 2026:

· EPS of at least NOK 2.25 (2.10)
· ROE of ~16% (14%)
· Investments of at least NOK 4bn (3.5)
· Maintain leverage below 2.5x
 
Collections remained strong in the second quarter with an unsecured collection performance of 117 % up from 112 % in the same quarter last year. Cash collections and revenues were up, driven by higher unsecured collections offsetting lower secured collections as expected.

Cash EBITDA was NOK 1,262 million and adjusted EBIT was NOK 494 million. Adjusted Net profit was NOK 246 million equivalent to adjusted earnings per share of NOK 0.66, up from NOK 0.55 in the same quarter last year representing 21 % growth in adjusted earnings per share.

B2 Impact invested NOK 1.3 billion in new portfolios in the second quarter. The investments in the quarter were mainly unsecured portfolios. The secured assets acquired in the quarter relate to the buyout of a JV partner. The Estimated Remaining Collections (ERC) were NOK 28.9 billion including share of portfolios held in JVs and REOs. As of today, the Group has invested and committed NOK 3.1 billion for 2026.

B2 Impact has a solid and diversified funding structure to support further growth. The leverage ratio at the end of the second quarter was 2.1x. The Group holds a EUR 610 million senior secured revolving credit facility (RCF) and three senior unsecured bond loans for a total of EUR 650 million. The liquidity reserve at the end of the quarter was around EUR 320 million.

“Earnings per share were NOK 0.66 in the quarter, up 21% from Q2 last year, and we are trending ahead of our targeted growth in earnings per share and dividend for 2026. As a result, we now expect earnings per share of at least NOK 2.25 for 2026 and a return on equity of 16% at year end with a continued strong equity ratio. For the following years we will present revised targets when we have concluded 2026.

The high investment activity will contribute positively to earnings going forward. Combined with our strong cash flow we aim to maintain a low leverage ratio to allow for full dividend distribution in the coming years.” says Trond Kristian Andreassen, CEO of B2 Impact ASA.

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For further information, please see the Q2 2026 report and presentation 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:
 
Second quarter 2026 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: 

Second quarter 2026 Presentation - Call access

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 provides liquidity to financial institutions, contributing to a healthier financial system. B2 Impact promotes 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