Financial Snapshot

Revenue
$750.3M
TTM
Gross Margin
Net Earnings
$321.2M
TTM
Current Assets
$482.7M
Q1 2024
Current Liabilities
$41.31M
Q1 2024
Current Ratio
1168.33%
Q1 2024
Total Assets
$6.012B
Q1 2024
Total Liabilities
$3.750B
Q1 2024
Book Value
$2.262B
Q1 2024
Cash
$482.7M
Q1 2024
P/E
6.620
Nov 29, 2024 EST
Free Cash Flow
-$208.2M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Revenue $1.087B $319.2M $152.7M $359.1M $370.1M $425.0M $342.6M $163.4M $103.0M $82.03M $60.70M $54.20M $25.00M $7.400M
YoY Change 240.48% 109.11% -57.49% -2.97% -12.91% 24.04% 109.67% 58.63% 25.57% 35.15% 11.99% 116.8% 237.84%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Revenue $1.087B $319.2M $152.7M $359.1M $370.1M $425.0M $342.6M $163.4M $103.0M $82.03M $60.70M $54.20M $25.00M $7.400M
Cost Of Revenue $900.0K $3.838M $0.00
Gross Profit $424.1M $338.8M $0.00
Gross Profit Margin 99.79% 98.88% 0.0%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Selling, General & Admin $254.7M $116.0M $140.5M $99.13M $77.41M $66.33M $52.27M $39.03M $25.84M $21.32M $18.10M $20.10M $9.100M $5.500M
YoY Change 119.55% -17.43% 41.76% 28.05% 16.71% 26.9% 33.93% 51.03% 21.18% 17.81% -9.95% 120.88% 65.45%
% of Gross Profit 15.64% 15.43%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.525M $4.362M $3.193M $10.69M $12.02M $10.11M $12.15M $578.0K $241.0K $11.39M $11.44M $11.15M $0.00
YoY Change 26.66% 36.61% -70.13% -11.05% 18.85% -16.76% 2001.56% 139.83% -97.88% -0.44% 2.6%
% of Gross Profit 2.38% 3.59%
Operating Expenses $271.2M $124.3M $140.5M $107.8M $86.91M $75.82M $63.97M $39.30M $25.84M $31.06M $29.30M $31.20M $9.100M $5.500M
YoY Change 118.26% -11.56% 30.32% 24.08% 14.62% 18.52% 62.79% 52.08% -16.8% 6.0% -6.09% 242.86% 65.45%
Operating Profit $815.7M $195.0M $68.58M $208.8M $396.4M $348.3M $274.8M -$31.06M
YoY Change 318.39% 184.26% -67.15% -47.33% 13.83% 26.73%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Interest Expense -$77.38M $77.39M -$64.13M -$36.21M -$49.48M -$41.94M -$24.88M -$13.63M -$8.917M -$3.536M $0.00 $5.900M $0.00
YoY Change -199.99% -220.68% 77.11% -26.83% 18.0% 68.56% 82.57% 52.83% 152.18% -100.0%
% of Operating Profit -9.49% 39.7% -93.5% -17.34% -12.48% -12.04% -9.05%
Other Income/Expense, Net -$4.530M -$85.94M -$65.80M -$28.30M -$1.225M -$1.204M -$743.0K -$480.0K -$373.0K -$116.0K
YoY Change -94.73% 30.61% 132.47% 2210.37% 1.74% 62.05% 54.79% 28.69% 221.55%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Pretax Income $738.3M $109.0M -$59.44M $210.2M $225.5M $305.1M $249.2M $104.1M $67.88M $47.32M $2.100M $16.90M $15.90M $1.900M
YoY Change 577.22% -283.4% -128.27% -6.78% -26.09% 22.45% 139.48% 53.3% 43.43% 2153.52% -87.57% 6.29% 736.84%
Income Tax $20.08M $11.56M -$3.015M $36.94M $13.42M -$12.46M -$123.0K -$4.817M $2.204M $687.0K -$500.0K -$400.0K $0.00 $400.0K
% Of Pretax Income 2.72% 10.6% 17.57% 5.95% -4.08% -0.05% -4.63% 3.25% 1.45% -23.81% -2.37% 0.0% 21.05%
Net Earnings $610.5M $30.51M -$72.07M $165.1M $212.1M $317.6M $249.3M $108.9M $65.67M $46.64M $2.700M $17.40M $15.90M $1.500M
YoY Change 1901.32% -142.33% -143.65% -22.15% -33.21% 27.39% 128.99% 65.78% 40.82% 1627.3% -84.48% 9.43% 960.0%
Net Earnings / Revenue 56.17% 9.56% -47.21% 45.98% 57.31% 74.73% 72.77% 66.63% 63.76% 56.85% 4.45% 32.1% 63.6% 20.27%
Basic Earnings Per Share $2.79 $0.14 -$0.13 $0.65 $1.37
Diluted Earnings Per Share $2.74 $0.14 -$329.0K $754.2K $970.1K $1.507M $1.197M $531.8K $321.1K $228.0K $13.20K $95.97K $88.33K $19.26K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Cash & Short-Term Investments $220.5M $107.7M $180.3M $322.1M $186.6M $265.6M $135.4M $158.4M $217.3M $196.4M $93.50M $77.00M $153.8M $239.0M
YoY Change 104.86% -40.27% -44.03% 72.59% -29.72% 96.1% -14.5% -27.12% 10.62% 110.09% 21.43% -49.93% -35.65%
Cash & Equivalents $220.5M $107.7M $180.3M $322.1M $186.6M $265.6M $135.4M $158.4M $45.42M $93.64M $57.70M $25.60M $8.900M $9.000M
Short-Term Investments $171.9M $102.8M $35.80M $51.40M $144.9M $230.0M
Other Short-Term Assets $9.150M $199.0K $1.192M $1.954M $1.375M $352.0K $348.0K $166.0K $124.0K $210.0K $200.0K $400.0K $100.0K $100.0K
YoY Change 4497.99% -83.31% -39.0% 42.11% 290.63% 1.15% 109.64% 33.87% -40.95% 5.0% -50.0% 300.0% 0.0%
Inventory
Prepaid Expenses
Receivables $2.205M $8.173M $1.468M $7.780M $4.231M $10.68M $11.90M $11.30M $0.00
Other Receivables $100.9M $133.9M $46.05M $2.535M $674.0K $0.00 $3.300M $16.30M $300.0K
Total Short-Term Assets $251.2M $129.1M $201.5M $336.3M $291.1M $407.9M $183.3M $168.9M $222.3M $207.3M $108.8M $105.0M $154.2M $239.7M
YoY Change 94.61% -35.95% -40.07% 15.54% -28.65% 122.57% 8.55% -24.05% 7.24% 90.55% 3.62% -31.91% -35.67%
Property, Plant & Equipment $17.41M $14.03M $13.07M $15.23M $20.18M $1.866M $2.399M $2.156M $563.0K $386.0K $500.0K $600.0K $0.00
YoY Change 24.11% 7.35% -14.16% -24.57% 981.67% -22.22% 11.27% 282.95% 45.85% -22.8% -16.67%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $5.418B $3.988B $3.162B $2.612B $2.169B $1.724B $1.141B $614.4M $368.1M $323.7M $256.3M $218.2M $167.6M $61.80M
YoY Change 35.85% 26.13% 21.06% 20.42% 25.81% 51.09% 85.73% 66.89% 13.72% 26.3% 17.46% 30.19% 171.2%
Other Assets $927.0K $6.437M $78.00K $256.0K $24.94M $28.85M $10.86M $9.498M $1.970M $1.822M $700.0K
YoY Change -85.6% 8152.56% -69.53% -98.97% -13.55% 165.56% 14.37% 382.13% 8.12% 160.29%
Total Long-Term Assets $5.586B $4.159B $3.323B $2.782B $2.361B $1.911B $1.316B $799.4M $371.8M $325.9M $267.3M $240.0M $167.7M $61.80M
YoY Change 34.31% 25.16% 19.46% 17.82% 23.54% 45.21% 64.64% 115.01% 14.07% 21.93% 11.38% 43.11% 171.36%
Total Assets $5.837B $4.288B $3.525B $3.118B $2.652B $2.319B $1.499B $968.2M $594.1M $533.2M $376.1M $345.0M $321.9M $301.5M
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $34.42M $16.82M $13.92M $9.556M $9.462M $9.327M $5.397M $4.139M $3.174M $3.352M
YoY Change 104.67% 20.81% 45.65% 0.99% 1.45% 72.82% 30.39% 30.4% -5.31%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $112.8M $36.24M $0.00
YoY Change 211.3%
Total Short-Term Liabilities $115.3M $66.41M $59.76M $54.70M $88.34M $165.9M $66.63M $94.99M $27.70M $12.64M $22.30M $7.800M $12.60M $5.700M
YoY Change 73.66% 11.13% 9.26% -38.08% -46.74% 148.93% -29.85% 242.91% 119.09% -43.3% 185.9% -38.1% 121.05%
Long-Term Debt $1.551B $1.266B $1.034B $681.3M $675.3M $638.7M $486.9M $274.0M $131.3M $138.1M $0.00 $0.00 $0.00 $0.00
YoY Change 22.44% 22.43% 51.83% 0.9% 5.73% 31.16% 77.72% 108.71% -4.92%
Other Long-Term Liabilities $912.8M $517.1M $466.9M $451.7M $345.7M $147.2M $146.8M $2.865M $0.00
YoY Change 76.51% 10.75% 3.36% 30.67% 134.86% 0.28% 5023.6%
Total Long-Term Liabilities $2.463B $1.784B $1.501B $1.133B $1.021B $785.9M $633.7M $276.9M $131.3M $138.1M $0.00 $0.00 $0.00 $0.00
YoY Change 38.11% 18.8% 32.5% 10.98% 29.92% 24.01% 128.9% 110.89% -4.92%
Total Liabilities $3.547B $2.546B $1.973B $1.456B $1.119B $955.8M $700.8M $372.1M $160.1M $150.7M $24.60M $12.90M $12.60M $5.700M
YoY Change 39.31% 29.04% 35.52% 30.1% 17.07% 36.39% 88.35% 132.43% 6.22% 512.64% 90.7% 2.38% 121.05%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Basic Shares Outstanding 218.9M 218.8M 219.0M 218.9M 218.6M
Diluted Shares Outstanding 223.0M 221.8M 219.0M 219.6M 219.1M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $2.1261 Billion

About Burford Capital Ltd

Burford Capital Ltd. engages in the provision of legal finance products and services comprising core legal finance and alternative strategies, and in the asset management business. The firm is also engaged in the asset management business. The firm's segments include capital provision, asset management and other services, and other corporate. The capital provision segment comprises the provision of capital to the legal industry or in connection with legal matters, both directly and through investment in its managed funds. The asset management and other services segment includes the provision of services to the legal industry, including litigation insurance. In its post-settlement business, the Company offers clients the ability to monetize post-settlement and other legal receivables. In its complex strategy business, the Company acts as a principal and acquires assets that are mispriced and for which value can be realized through recourse to litigation proceedings.

Industry: Finance Services Peers: