The Extraordinary General Meetings of BEST S.A. and Kredyt Inkaso S.A. have adopted resolutions approving the merger of the two companies. The merger will be executed through the transfer of Kredyt Inkaso’s assets to BEST S.A. in exchange for newly issued shares. Shareholders of Kredyt Inkaso S.A. will receive merger shares in BEST at a ratio of 0.67537 BEST shares for each share of Kredyt Inkaso. The Management Board of BEST aims to complete the formal merger of both entities in early April this year. aso, which contributed claims with a fair value estimated at PLN 680.6 million to the BEST Group’s portfolio.

In line with the adopted resolutions, Kredyt Inkaso’s Shareholders will receive shares in BEST and, in cases involving fractional shares, a corresponding cash payment. BEST’s share capital will increase by up to PLN 5.83 million, with the newly issued shares accounting for 20.5% of the increased share capital of the Gdynia-based company.

– We are pleased that the merger plan between BEST and Kredyt Inkaso – marking a new chapter in the history of both companies – has been so positively received by shareholders on both sides. We are committed to securing the merger’s registration in the National Court Register without delay. This will enable us to concentrate on realising our vision for BEST 3.0: a modern fintech company operating in the debt collection sector, built on the combined experience, best practices, and expertise of both merging entities, and strengthened by innovative, advanced technological solutions – comments Krzysztof Borusowski, President of the Management Board and main shareholder of BEST S.A.

On this landmark day, BEST S.A. also reviewed its 2024 performance, presenting its operational and financial results for the year. The BEST Group closed 2024 with a record level of repayments on claims due to the Group, exceeding PLN 465 million. Cash EBITDA rose by 13% to PLN 249.3 million, while the listed company’s net profit doubled, reaching over PLN 103 million.

The BEST Group entered 2025 with a portfolio of claims valued at PLN 1.6 billion, reflecting a nearly 19% increase over the previous year. The nominal value of estimated remaining collections (ERC) from the Group’s portfolio rose by 16% in 2024, reaching PLN 3.5 billion.

Record claim portfolio purchases were financed through a combination of own funds and external borrowing. In 2024, BEST S.A. issued bonds totalling PLN 237 million – the highest volume in a decade. The Group’s net debt at year-end stood at PLN 742 million, with the net debt-to-equity ratio maintained at a conservative level of 0.83, consistent with the previous year.

– 2024 was a busy and successful year for us from a business perspective, during which we delivered strong financial results. We have entered 2025 in excellent shape, supported by a stable financial foundation that enables us to focus on the consistent execution of our strategic development plans. Our objective for this year is the effective integration of BEST and Kredyt Inkaso S.A., along with continued growth. At the same time, we aim to realise the planned synergies between the merged companies and actively scale our operations both in Poland and abroad. We have no intention of resting on our laurels – the merger with Kredyt Inkaso is merely one stage in our growth journey, says Marek Kucner, Vice-President of the Management Board of BEST S.A.

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Information on BEST S.A.

BEST Capital Group is one of the largest debt collection companies in Poland, and it invests actively in portfolios of non-performing debts using investment funds. BEST S.A. has been listed at the Warsaw Stock Exchange (GPW) since 1997.

BEST, as a member and co-founder of the Association of Financial Companies in Poland, and a co-founder and moderator of the Good Debt Collection Practice actively contributes to the development and shaping of the claims market in Poland.

For more information, visit www.best.com.pl or contact us: