Axactor ASA, through its subsidiaries, operates as a debt management and collection company in Sweden, Finland, Germany, Italy, Norway, and Spain. It operates through two segments: Non-performing Loans (NPL) and Third-Party Collection (3PC). The NPL segment invests in portfolios of non-performing loans collected through amicable or legal proceedings. The 3PC segment provides debt collection services on behalf of third-party clients, which applies amicable and legal proceedings to collect the non-performing loans. This segment also involved in helping creditors to prepare documentation for future legal proceedings against debtors; and handling of invoices between the invoice date and the default date and sending out reminders. Axactor ASA was incorporated in 1982 and is based in Oslo, Norway.
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5 years, 5 months ago
Axactor SE is currently in a long term uptrend where the price is trading 6.9% above its 200 day moving average.
From a valuation standpoint, the stock is 98.0% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 0.9.
Axactor SE's total revenue sank by 26.9% to $55M since the same quarter in the previous year.
Its net income has dropped by 103.6% to $-186K since the same quarter in the previous year.
Finally, its free cash flow fell by 326.6% to $-156M since the same quarter in the previous year.
Based on the above factors, Axactor SE gets an overall score of 2/5.