Added to YB: 2026-02-09
Pitch date: 2026-02-06
VEND.OL [bullish]
Vend Marketplaces ASA
Author Info
Nordic Edge provides actionable insights and alpha-generating opportunities in the Nordics. Sign up for the newsletter.
Company Info
Vend Marketplaces ASA, together with its subsidiaries, develops and operates various marketplaces in Sweden, Norway, Denmark, Finland, and Poland.
Market Cap
NOK 52.1B
Pitch Price
N/A
Price Target
320.00 (+26%)
Dividend
N/A
EV/EBITDA
29.37
P/E
-77.20
EV/Sales
8.32
Sector
Interactive Media and Services
Category
value
Vend Marketplaces (VEND) Q4-2025 Earnings Review
VEND.OL (doubled position): Nordic classifieds co delivered strong Q4: NOK 1,510m revenue (flat YoY), NOK 490m EBITDA (34% margin, +13.5% vs consensus) on disciplined costs & pricing power. ARPA growth double-digit across portfolio. NOK 210m net cash funds NOK 2bn buyback + NOK 2.5/share dividend. ~20% 4Y IRR on Adevinta exit optionality.
Read full article (2 min)