Logotype for B2 Impact

B2 Impact (B2H) investor relations material

B2 Impact Investor Presentation summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for B2 Impact
Investor Presentation summary2 Sep, 2025

Transaction overview and bond issue

  • Contemplating a new senior unsecured 5.3-year floating rate bond of EUR 100m, aimed at refinancing outstanding debt and general corporate purposes.

  • Conditional buy-back of outstanding bond B2107, with full call upon successful new issue.

  • Expected bond rating is BB- by S&P, with issuer rated Ba2/BB- (Moody's/S&P).

  • Pro forma leverage ratio as of Q2'25 is 2.4x NIBD/L12M cash EBITDA.

  • Oslo Stock Exchange listing planned within 6 months; governed by Norwegian law.

Key financial and operational highlights

  • Market capitalization of approximately NOK 6.5bn as of September 2025.

  • LTM Q2'25 cash collections of NOK 5,898m, revenues of NOK 3,634m, and cash EBITDA of NOK 4,473m.

  • Leverage ratio reduced to 2.1x, with strong collection performance and high investment activity (NOK 2.1bn invested/committed YTD 2025).

  • Revised 2025 investment target to NOK 3.5–4bn, with considerable upside in ERC.

  • Accelerated REO sales expected to reach NOK 600–800m in 2025, supporting deleveraging and portfolio growth.

Risk factors

  • Inherent risks include inability to collect expected amounts, volatility in cash flow, unsuccessful acquisitions, and IT or data breaches.

  • Exposure to market, economic, and reputational risks, as well as compliance and operational risks across multiple jurisdictions.

  • Financial risks include substantial leverage, refinancing needs, interest rate and currency risks, and subordination of bondholder claims.

  • Risks related to the bond include limited trading market, transfer restrictions, optional redemption, and potential modifications without bondholder consent.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next B2 Impact earnings date

Logotype for B2 Impact
Q3 20256 Nov, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next B2 Impact earnings date

Logotype for B2 Impact
Q3 20256 Nov, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

B2Holding ASA is a holding company with subsidiaries providing debt solutions for banks and institutional vendors. Its products include outsourcing of lending, receivables management, collection and recovery as well as consulting services of corporate finance to private equity companies on local market. The company is based in Oslo, Norway.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage