BURFORD CAPITAL LIMITED
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $413.4M | $546.1M | $1.09B | $319.2M | $217.3M | $327.9M | $534.5M |
| Cost of Revenue | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | — |
| SG&A Expense | $38.4M | $31.0M | $33.7M | $29.7M | $30.5M | $21.5M | $22.4M |
| Operating Income | $232.1M | $390.6M | $815.7M | $195.0M | $68.6M | $208.8M | $396.4M |
| Operating Margin | 56.2% | 71.5% | 75.0% | 61.1% | 31.6% | 63.7% | 74.2% |
| Interest Expense | $146.1M | $131.0M | $99.1M | $77.4M | $58.6M | $39.0M | $38.7M |
| Pretax Income | $84.0M | $253.6M | $738.3M | $109.0M | $2.8M | $180.5M | $359.6M |
| Income Tax Expense | $11.8M | $24.0M | $20.1M | $11.6M | $9.7M | $23.5M | $31.9M |
| Net Income | $62.6M | $146.5M | $610.5M | $30.5M | $-28.8M | $143.3M | $300.5M |
| Net Margin | 15.1% | 26.8% | 56.2% | 9.6% | -13.2% | 43.7% | 56.2% |
| EPS (Basic) | $0.29 | $0.67 | $2.79 | $0.14 | $-0.13 | $0.65 | $1.37 |
| EPS (Diluted) | $0.28 | $0.66 | $2.74 | $0.14 | $-0.13 | $0.65 | $1.37 |
| Shares Outstanding (Basic) | 219.1M | 219.2M | 218.9M | 218.8M | 219.0M | 218.9M | 218.6M |
| Shares Outstanding (Diluted) | 224.6M | 223.2M | 223.0M | 221.8M | 219.0M | 219.6M | 219.1M |
| Dividends Per Share | $12.50 | $12.50 | $12.50 | $12.50 | — | — | — |