BUR - Burford Capital Limited
Price:
--
--
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$5.00
DETAILS
HIGH:
$5.00
LOW:
$5.00
MEDIAN:
$5.00
CONSENSUS:
$5.00
UPSIDE:
10.38%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||
| Revenue | 339.9 | 472.2 | 1,078.9 | 270.6 | 108.1 | 316.7 | 327.6 | 387.6 | 319.1 | 149.8 | 94.1 | 78.5 | 58.6 | 47.5 | 25.0 |
| Cost of Revenue | 146.1 | 131.0 | 16.5 | 75.0 | 56.5 | 4.8 | 11.2 | 71.8 | 53.6 | 39.0 | 0 | 0 | 10.5 | 0 | 0 |
| Gross Profit | 193.8 | 341.2 | 1,062.4 | 195.6 | 51.7 | 311.8 | 316.4 | 315.8 | 265.5 | 110.7 | 0 | 0 | 48.1 | 47.5 | 25.0 |
| Operating Expenses | |||||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 53.0 | 31.8 | 254.7 | 37.9 | 46.7 | 99.3 | 9.6 | 0.4 | 0.3 | 0.3 | 0.3 | 0.4 | 0.4 | 0.3 | 8.6 |
| Other Expenses | 56.7 | 55.8 | (8.0) | 48.7 | 2.2 | 8.7 | 92.5 | 82.1 | 69.6 | 45.4 | 93.7 | 78.1 | 28.4 | 19.0 | 0.4 |
| Operating Expenses | 109.7 | 87.6 | 246.7 | 86.6 | 48.9 | 108.0 | 102.1 | 82.5 | 69.9 | 45.7 | 94.1 | 78.5 | 28.7 | 19.3 | 9.1 |
| Operating Income | |||||||||||||||
| Operating Income | 84.0 | 253.6 | 815.7 | 109.0 | 2.8 | 208.6 | 225.5 | 342.4 | 272.7 | 117.7 | 0 | 0 | 2.1 | 17.0 | 15.9 |
| Interest Expense | 146.1 | 131.0 | 94.6 | 75.0 | 56.5 | 39.0 | 38.4 | 38.5 | 23.5 | 13.6 | 8.9 | 3.5 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 23.7 | 1.8 | 7.5 | 5.0 | 8.5 | 17.0 | 7.3 | 6.0 | 1.8 |
| Profitability | |||||||||||||||
| EBITDA | 84.0 | 253.6 | 821.2 | 113.4 | 6.0 | 218.9 | 0 | 354.6 | 283.9 | 124.4 | 0 | 0 | 0 | 0 | 15.9 |
| EBIT | 84.0 | 253.6 | 807.7 | 109.0 | 2.8 | 208.2 | (12.6) | 345.1 | 271.8 | 123.9 | (0.2) | (9.7) | (11.4) | (11.1) | 0 |
| Income Before Tax | 84.0 | 253.6 | 738.3 | 109.0 | 2.8 | 208.6 | 225.5 | 305.1 | 249.2 | 104.1 | 67.9 | 47.3 | 2.1 | 16.9 | 15.9 |
| Income Tax Expense | 11.8 | 24.0 | 20.1 | 11.6 | 9.7 | 36.9 | 13.4 | (12.5) | (0.1) | (4.8) | 2.2 | 0.7 | (0.5) | (0.4) | 0 |
| Net Income | 62.6 | 146.5 | 610.5 | 30.5 | (28.8) | 143.3 | 212.1 | 317.6 | 249.3 | 108.9 | 65.7 | 46.6 | 2.7 | 17.4 | 15.9 |
| Per Share Data | |||||||||||||||
| EPS (Basic) | 0.29 | 0.67 | 2.74 | 0.14 | -0.26 | 0.65 | 0.97 | 1.51 | 1.20 | 0.53 | 0.31 | 0.22 | 0.01 | 0.10 | 0.09 |
| EPS (Diluted) | 0.28 | 0.66 | 2.74 | 0.14 | -0.26 | 0.65 | 0.97 | 1.51 | 1.20 | 0.53 | 0.31 | 0.22 | 0.01 | 0.10 | 0.09 |
| Shares Outstanding | 219.1 | 219.2 | 222.8 | 218.6 | 219.0 | 218.9 | 218.6 | 210.8 | 208.2 | 204.7 | 208.2 | 208.2 | 204.5 | 181.3 | 180.0 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 566.4 | 469.9 | 220.5 | 107.7 | 180.3 | 322.2 | 186.6 | 265.6 | 135.4 | 158.4 |
| Short-Term Investments | 89.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 186.9 | 201.0 | 287.1 | 137.8 | 106.4 | 27.0 | 53.6 | 167.0 | 4.3 | 19.2 |
| Inventory | 0 | 0 | 0 | 0 | 0 | (24.3) | 0 | 0 | (44.7) | 0 |
| Other Current Assets | (198.6) | 0 | 0 | 0 | 0 | 22.3 | 101.4 | 134.1 | 44.7 | 2.6 |
| Total Current Assets | 655.9 | 681.1 | 516.8 | 245.7 | 287.9 | 364.1 | 344.0 | 495.4 | 200.4 | 210.9 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 0 | 16.2 | 17.4 | 14.0 | 13.1 | 14.6 | 20.2 | 1.9 | 2.4 | 2.2 |
| Goodwill | 134.0 | 133.9 | 134.0 | 133.9 | 134.0 | 134.0 | 134.0 | 134.0 | 134.0 | 133.9 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 8.7 | 18.2 | 27.7 | 39.4 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 2,193.2 | 2,115.2 | 1,638.6 | 1,121.9 | 570.8 |
| Other Non-Current Assets | 0 | 5,340.4 | 5,168.3 | 3,888.3 | 3,306.5 | (2,341.8) | (2,278.1) | (1,792.6) | (1,286.0) | (746.3) |
| Total Non-Current Assets | 136.8 | 5,493.9 | 5,320.6 | 4,042.7 | 3,453.7 | 2,341.8 | 2,278.1 | 1,792.6 | 1,286.0 | 746.3 |
| Total Assets | 6,641.2 | 6,175.0 | 5,837.4 | 4,288.4 | 3,741.5 | 2,728.3 | 2,652.0 | 2,319.0 | 1,499.4 | 968.2 |
| Current Liabilities | ||||||||||
| Account Payables | 60.0 | 12.1 | 34.4 | 16.8 | 13.9 | 9.6 | 9.5 | 9.3 | 5.9 | 72.0 |
| Short-Term Debt | 222.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | (368.5) | 0 | 0 | 0 | 0 | (55.0) | (564.4) | (660.7) | (30.4) | (325.2) |
| Total Current Liabilities | 222.0 | 12.1 | 34.4 | 16.8 | 13.9 | 9.6 | 9.5 | 9.7 | 5.9 | 72.0 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 1,912.2 | 1,778.4 | 1,550.6 | 1,266.4 | 1,034.5 | 0 | 0 | 0 | 0 | 43.8 |
| Deferred Tax Liabilities | 47.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 1,327.5 | 1,127.7 | 1,044.6 | 618.0 | 585.1 | 0 | 0 | 0 | 0 | (43.8) |
| Total Non-Current Liabilities | 3,297.1 | 2,906.1 | 2,595.2 | 1,884.5 | 1,619.6 | 681.3 | 675.3 | 638.7 | 486.9 | 72.0 |
| Total Liabilities | 3,513.4 | 2,918.2 | 2,629.6 | 1,901.3 | 1,633.5 | 1,028.5 | 1,119.0 | 955.8 | 5.9 | 372.1 |
| Stockholders' Equity | ||||||||||
| Common Stock | 590.6 | 610.0 | 602.2 | 598.8 | 598.8 | 598.8 | 596.5 | 596.5 | 351.2 | 351.2 |
| Retained Earnings | 1,800.9 | 1,766.4 | 1,649.2 | 1,074.2 | 1,067.8 | 1,136.3 | 899.1 | 716.2 | 423.2 | 193.8 |
| Accumulated Other Comprehensive Income | (0.2) | 0 | 0 | 0 | 0 | 5.1 | 37.5 | 50.5 | 24.1 | 51.1 |
| Total Stockholders' Equity | 2,448.0 | 2,419.4 | 2,290.9 | 1,742.6 | 1,695.9 | 1,699.8 | 1,533.0 | 1,363.2 | 798.6 | 596.2 |
| Total Liabilities & Equity | 6,641.2 | 6,175.0 | 5,837.4 | 4,288.4 | 3,741.5 | 2,728.3 | 2,652.0 | 2,319.0 | 1,499.4 | 968.2 |
| Debt Metrics | ||||||||||
| Total Debt | 2,154.6 | 1,778.4 | 1,550.6 | 1,266.4 | 1,034.5 | 681.3 | 675.3 | 638.7 | 486.9 | 43.8 |
| Net Debt | 1,588.2 | 1,308.5 | 1,330.0 | 1,158.8 | 854.2 | 359.1 | 488.6 | 373.1 | 351.5 | (114.6) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 72.2 | 229.6 | 718.2 | 233.3 | (56.4) | 208.6 | 225.5 | 305.1 | 249.2 | 104.1 |
| Depreciation & Amortization | 0 | 0 | 5.5 | 4.4 | 3.2 | 9.8 | 12.0 | 10.1 | 12.1 | 0.6 |
| Stock-Based Compensation | 0 | 0 | 14.1 | 10.3 | 9.3 | 5.3 | 4.5 | 1.7 | 1.7 | 0 |
| Change in Working Capital | 351.4 | 512.6 | 309.1 | 17.5 | 16.8 | (12.0) | 77.1 | (456.8) | 103.2 | 11.7 |
| Other Non-Cash Items | (452.6) | (525.4) | (1,301.9) | (721.3) | (548.9) | (25.7) | (322.9) | (91.7) | (468.6) | (123.0) |
| Operating Cash Flow | (29.0) | 216.7 | (274.7) | (466.1) | (585.4) | 180.7 | (8.3) | (233.3) | (102.3) | (6.7) |
| Investing Activities | ||||||||||
| Capital Expenditure | (0.3) | (0.7) | (3.2) | (0.4) | (0.3) | (0.4) | (3.4) | (0.1) | (0.7) | (1.6) |
| Acquisitions | (8.5) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (57.9) | (35.4) |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investing Cash Flow | (8.8) | (0.7) | (3.2) | (0.4) | (0.3) | (0.4) | (3.4) | (0.1) | (58.5) | (37.0) |
| Financing Activities | ||||||||||
| Net Debt Issuance | 353.1 | 235.2 | 264.5 | 277.4 | 366.1 | (5.0) | 0 | 180 | 182.1 | 189.6 |
| Stock Repurchased | (15.3) | (5.1) | (3.8) | (8.0) | (3.7) | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | (27.4) | (27.3) | (27.5) | (27.7) | (41.0) | 0 | (28.4) | (24.6) | (19.8) | (17.7) |
| Other Financing Activities | (177.9) | (168.9) | 152.5 | 157.5 | 123.5 | (0.3) | 183.1 | (40.5) | (25.9) | (14.0) |
| Financing Cash Flow | 132.4 | 33.8 | 389.5 | 399.1 | 444.8 | (45.2) | (67.4) | 364.9 | 136.4 | 157.9 |
| Cash Position | ||||||||||
| Net Change in Cash | 96.5 | 249.4 | 112.9 | (247.6) | (141.8) | 135.6 | (78.9) | 130.1 | (23.0) | 113.0 |
| Cash at Beginning | 469.9 | 220.5 | 107.7 | 180.3 | 322.1 | 186.6 | 265.6 | 135.4 | 158.4 | 45.4 |
| Cash at End | 566.4 | 469.9 | 220.5 | (67.4) | 180.3 | 322.2 | 186.6 | 265.6 | 135.4 | 158.4 |
| Free Cash Flow | (29.3) | 216.1 | (277.9) | (466.5) | (585.6) | 180.3 | (11.7) | (233.4) | (103.0) | (8.2) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||
| Revenue | 339.9 | 472.2 | 1,078.9 | 270.6 | 108.1 | 316.7 | 327.6 | 387.6 | 319.1 | 149.8 | 94.1 | 78.5 | 58.6 | 47.5 | 25.0 |
| Gross Profit | 193.8 | 341.2 | 1,062.4 | 195.6 | 51.7 | 311.8 | 316.4 | 315.8 | 265.5 | 110.7 | 0 | 0 | 48.1 | 47.5 | 25.0 |
| Operating Income | 84.0 | 253.6 | 815.7 | 109.0 | 2.8 | 208.6 | 225.5 | 342.4 | 272.7 | 117.7 | 0 | 0 | 2.1 | 17.0 | 15.9 |
| Net Income | 62.6 | 146.5 | 610.5 | 30.5 | (28.8) | 143.3 | 212.1 | 317.6 | 249.3 | 108.9 | 65.7 | 46.6 | 2.7 | 17.4 | 15.9 |
| EPS (Diluted) | 0.28 | 0.66 | 2.74 | 0.14 | -0.26 | 0.65 | 0.97 | 1.51 | 1.20 | 0.53 | 0.31 | 0.22 | 0.01 | 0.10 | 0.09 |
| Balance Sheet | |||||||||||||||
| Cash & Equivalents | 566.4 | 469.9 | 220.5 | 107.7 | 180.3 | 322.2 | 186.6 | 265.6 | 135.4 | 158.4 | |||||
| Total Assets | 6,641.2 | 6,175.0 | 5,837.4 | 4,288.4 | 3,741.5 | 2,728.3 | 2,652.0 | 2,319.0 | 1,499.4 | 968.2 | |||||
| Total Debt | 2,154.6 | 1,778.4 | 1,550.6 | 1,266.4 | 1,034.5 | 681.3 | 675.3 | 638.7 | 486.9 | 43.8 | |||||
| Stockholders' Equity | 2,448.0 | 2,419.4 | 2,290.9 | 1,742.6 | 1,695.9 | 1,699.8 | 1,533.0 | 1,363.2 | 798.6 | 596.2 | |||||
| Cash Flow | |||||||||||||||
| Operating Cash Flow | (29.0) | 216.7 | (274.7) | (466.1) | (585.4) | 180.7 | (8.3) | (233.3) | (102.3) | (6.7) | |||||
| Capital Expenditure | (0.3) | (0.7) | (3.2) | (0.4) | (0.3) | (0.4) | (3.4) | (0.1) | (0.7) | (1.6) | |||||
| Free Cash Flow | (29.3) | 216.1 | (277.9) | (466.5) | (585.6) | 180.3 | (11.7) | (233.4) | (103.0) | (8.2) | |||||