Litigation Capital Management releases interim results

Litigation Capital Management has released its interim results for the half year ended 31 December 2020. Assets under management have grown to A$322 million and the company is reporting a cumulative ROIC of 135% and an IRR of 78% over the past 9 and a half years. Similar to other funders, it notes that it has been receiving increased applications for insolvency and restructuring disputes as moratoriums against appointments are relaxed in global markets. Read more.

Keep Reading

Funder News

Interim results for the half year ended 31 December 2022

LCM has announced its interim results for the half year ended 31 December 2022, with highlights including an adjusted loss for the period of A$5.5m, excluding cases settled since 31 December 2022 which would have increased LCM only performance to an adjusted operating profit of A$6.3m.

Funder News

Settlement in Australian class action

Litigation Capital Management has announced a confidential settlement in an Australian class action funded by it. LCM expects to receive revenue of approximately AUD $14million, which includes capital invested of approximately AUD $8.25million together with an expected gross profit of approximately AUD $5.75million.

Before You Go

Never miss a thing in the litigation finance market.