Burford Capital Ltd (BUR) Q1 2025 Earnings Call Highlights: Strong Revenue Growth and Robust ...

GuruFocus News

Thu, May 8, 2025, 12:19 AM 4 min read

• Realizations: $163 million, importantly up compared to the archetypal quarters of the past 2 years.

• Revenue: 5x summation successful superior proviso income compared to the archetypal 4th past year.

• Net Income: $0.14 per share, compared to a antagonistic $0.14 successful the aforesaid play past year.

• New Business Commitments: $158 cardinal successful caller definitive commitments, compared to $55 cardinal successful the archetypal quarters of 2023 and 2024.

• Deployments: $126 cardinal successful the archetypal quarter.

• Asset Management Income: $14 million, up from $7 cardinal quarter-over-quarter.

• Cash Position: $548 cardinal astatine the extremity of the quarter.

• Liquidity: $103 cardinal owed from settlement, with ample currency to screen $123 cardinal indebtedness maturing successful August.

• Expenses: $40 million, higher owed to accrued semipermanent inducement compensation and case-related expenditures.

• Warning! GuruFocus has detected 6 Warning Signs with BUR.

Release Date: May 07, 2025

For the implicit transcript of the net call, delight notation to the full net telephone transcript.

• Burford Capital Ltd (NYSE:BUR) experienced a robust archetypal 4th with a important summation successful caller business, tripling definitive commitments and doubling deployments.

• The institution saw beardown realization and currency procreation activity, with realizations up importantly compared to the archetypal quarters of the past 2 years, totaling $163 million.

• Revenue accrued importantly year-over-year, with a 5x summation successful superior proviso income compared to the archetypal 4th of the erstwhile year.

• Burford Capital Ltd (NYSE:BUR) has a diversified portfolio crossed assorted hazard metrics, including jurisdiction, taxable matter, and duration, which contributes to its beardown performance.

• The institution is successful a steadfast liquidity position, with $548 cardinal successful currency astatine the extremity of the quarter, positioning it good for aboriginal maturation and caller concern opportunities.

• The institution faced challenges with ISS recommending shareholders ballot against the reelection of 2 directors, representing two-thirds of the Audit Committee.

• There were less unrealized gains successful the quarter, which the institution does not work into but could beryllium a interest for immoderate investors.

• Expenses accrued successful the archetypal 4th compared to the erstwhile year, partially owed to higher semipermanent inducement compensation and case-related expenditures.

• The portfolio did not turn importantly successful the 4th owed to precocious levels of realizations, which could interaction aboriginal maturation if not offset by caller commitments.

• The institution is inactive awaiting oral statement connected the entreaty related to YPF-related litigation, which introduces uncertainty regarding the timing and result of this important case.