Added to YB: 2026-07-20
Pitch date: 2026-07-16
B2I.OL [neutral]
B2 Impact ASA
Author Info
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Company Info
B2 Impact ASA, together with its subsidiaries, provides various debt solutions in Norway and internationally.
Market Cap
NOK 9.2B
Pitch Price
N/A
Price Target
32.00
Dividend
7.69%
EV/EBITDA
N/A
P/E
13.97
EV/Sales
N/A
Sector
Consumer Finance
Category
dividend
The NPL Industry: Left for Dead, Antifragile, and Cheap. High Uncorrelated Returns? - B2 Impact ASA
B2I.OL (overview): Nordic NPL servicer, 90% unsecured book. 2025: collections +17%, cash EBITDA NOK4.73B (+22%, 71% margin), net profit +57% to NOK703M, ROE 12%. Automation cut headcount 38% since 2021. Self-funded NOK3.7B buying, 2.1x lev. At 24.6 (13x adj EPS, 1.5x book, 8% yield). 2028 targets: 30%+ EPS growth, 16%+ ROE, ~NOK9/sh dividends.
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