Full year audited results for the year ended 30 June 2026

Litigation Capital Management reported a A$165.7 million FY26 loss after seven of eight concluded investments lost money, leaving it with A$53.6 million of net liabilities as its strategic review ended without a transaction. The company has now moved into an orderly run-off under an amended Northleaf Capital Partners facility increased to US$125 million, with no new investments to be made and portfolio realisations directed first toward repaying the debt. Read more.

The funder subsequently saw its shares plunge 60%. More from Legal Futures.