29 Aug 2025

Achilles Capital Publishes Interim Report for Q2 2025

“In the second quarter, we strengthened our liquidity, sharpened our capital structure, and advanced our platform control,” said Matthew Doerner, CEO of Achilles Capital AB. “Our recent initiatives—such as acquiring full control of AxFina and supporting Omnio’s recapitalization—reinforce our ability to scale recurring earnings while navigating a complex macro environment.”

Key Financial Highlights Q2 2025 (Unaudited)

• Gross Collections: 12.3 MEUR
• Adjusted Cash EBITDA: 6.5 MEUR
• Net Result: -7.4 MEUR
• Cash Position: 12.5 MEUR
• AUM: 305 MEUR
• New Investments: 2.6 MEUR

The Group’s operational cash flow remained stable and was supported by divestments of financial assets.

Strategic Update

During the quarter, Achilles Capital completed its rebranding from DDM Debt AB, reflecting its evolution into a pan-European asset platform. The Group also initiated the de-SPAC process for a core portfolio holding and appointed refinancing advisors ahead of the April 2026 bond maturity. In July, Achilles acquired the EBRD’s remaining 24% stake in AxFina, bringing total ownership to over 99%.

Market Outlook

The Group expects elevated transaction volumes across distressed credit and NPL markets in H2 2025. With its enhanced platform capabilities and flexible capital strategy, Achilles Capital is well positioned to capitalize on both organic and opportunistic growth.

Access the Report

The Q2 2025 interim report is available on the company’s website: www.achillescap.com

For more information, please contact:

investor@achillescap.com

We welcome interested parties to request 1:1 meetings with management during the period 1–3 September 2025. To schedule a meeting, please contact us via the investor email above.