Vend Marketplaces Asa
SBBTF
Other OTC24.75
USD
- -
- -
ISIN
NO0010736879
Return %
Stock
S&P500
1Y
-24.43
24.99
3Y
44.31
70.19
5Y
-33.18
77.45
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Christian Printzell Halvorsen
- Full Time Employees
- 6,026
- Sector
- Communication Services
- Industry
- Publishing
- Address
- Akersgata 55 Oslo Norway 0180
- IPO Date
- Nov 4, 2015
- Website
- schibsted.no
- Similar Companies
- Business
- Vend Marketplaces ASA operates as a leading digital marketplace company primarily serving the Nordic region. It provides technology-driven online classified platforms connecting buyers and sellers across various sectors, including Mobility, Real Estate, Jobs, Recommerce, and Delivery. The Mobility segment facilitates vehicle transactions through digital marketplaces; Real Estate enhances decisions around buying, selling, or renting properties; Jobs connects job seekers with employers; Recommerce supports sustainable consumer practices via trusted secondhand marketplaces; and Delivery offers door-to-door logistics for goods sold through its platforms. The company operates well-known marketplace brands such as FINN in Norway, Blocket in Sweden, DBA, Bilbasen, Tori, and Oikotie, commanding strong market positions with significant consumer engagement. Vend Marketplaces is headquartered in Oslo, Norway, and was originally founded in 1839. Recently, Vend Marketplaces has undertaken significant strategic changes aimed at optimizing its financial and operational structure. These include a substantial share buyback program valued at NOK 2 billion initiated to optimize capital structure and enhance shareholder value. Additionally, the company repurchased NOK 441 million in outstanding bonds across major bond issues, reducing debt and improving financial flexibility. Vend plans the divestiture of its Delivery business, expected to be completed within the current or next fiscal year, which will likely improve operating margins. The company has also completed acquisitions such as Podme AB and the TV & Media business from Telia Co AB earlier in 2025, signaling expansion in content and media-related services. These moves accompany efforts to strengthen profitability, focusing on high-margin segments like Mobility, Real Estate, and Jobs, while managing investment-stage segments such as Recommerce. Vend maintains a strong market hold in Norway and Sweden, generating the majority of its revenue from the Nordic region. Overall, Vend Marketplaces ASA operates as a comprehensive Nordic marketplace technology provider, with diverse product and service offerings across used vehicles, real estate, job markets, and recommerce, backed by recent strategic financial and operational initiatives to streamline its portfolio and enhance shareholder returns. Its portfolio includes dominant brands with high consumer penetration and high-frequency usage in key Nordic markets. The company emphasizes technology-enabled transactional platforms without inventory holding, making it a pivotal intermediary in the digital marketplaces sector within Scandinavia. This positioning supports steady revenues and ongoing investments to expand service capabilities while maintaining strong profitability and market leadership.
Vend Marketplaces ASA (SBSNY) Shareholder/Analyst Call Prepared Remarks Transcript
Vend Marketplaces ASA (SBSNY) Q4 2025 Earnings Call Transcript
Vend Marketplaces ASA (SBSNY) Q3 2025 Earnings Call Transcript