Announcement • Jul 16
Omni Bridgeway Limited to Report Fiscal Year 2026 Results on Aug 27, 2026 Omni Bridgeway Limited announced that they will report fiscal year 2026 results on Aug 27, 2026 Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Non-Executive Chairman Michael Green was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • May 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Non-Executive Chairman Michael Green was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 01
Omni Bridgeway Appoints Peter Galgay as Head of Commercial Strategy and Capital Solutions Omni Bridgeway announced the appointment of Peter Galgay as Head of Commercial Strategy and Capital Solutions based in New York. In this role, Mr. Galgay will focus on expanding the company’s capabilities in origination, underwriting, and management of large-scale structured finance and alternative investment solutions for legal assets. He will also play a key role in supporting Omni Bridgeway’s global investor relations and capital formation efforts. Mr. Galgay joins Omni Bridgeway after more than a decade as Chief Investment Officer of a Singapore-based family office, where he managed a global portfolio across public and private markets, oversaw asset allocation and risk management, and gained significant exposure to legal finance through direct equity investments and private fund allocations. Earlier in his career, he served as a Senior Analyst in Ernst & Young’s Fraud Investigation & Dispute Services practice and later as an Equity Portfolio Manager at Deutsche Asset Management. He is a CFA Charterholder and holds an MA in International Business and BS in Finance from the University of Florida, and an MBA from INSEAD. Announcement • Mar 26
Omni Bridgeway Releases Introduction to Omni Bridgeway and Analyst Data Pack Omni Bridgeway has released its Introduction to Omni Bridgeway and Analyst Data Pack, providing analysts and investors enhanced transparency into the Group’s business model, portfolio construction, and long-term value creation. The presentation is designed to complement the Group’s half-year results announcement and is designed to support informed engagement with analysts and investors. It expands on the key drivers of performance, risk management, and strategic positioning that underpin Omni Bridgeway’s global legal finance platform. A recording of management presenting key slides and addressing frequently asked questions has also been released. Key highlights from the pack: An overview of how legal finance works and how it delivers asymmetric, uncorrelated returns across economic cycles. Industry dynamics and business model differentiation, including OBL’s position as a scaled global platform with AUD 5,500 million assets under management (AUM), more than 300 active investments, and the largest team across 23 locations globally. The Group’s evolution across 40 years into a global, multi-strategy investment manager and what positions it as the premium legal finance partner. The capital light business model with its potential to deliver 30%+ ROE, key growth drivers, as well as the strategic focus areas going forward. Analyst data dissecting OBL’s long-term track record of 2.4x MOIC across 25 vintages, more than 800 completed investments and AUD 2,000 million in realisations, as well as a look through of OBL’s disciplined approach to risk management. Announcement • Sep 02
Omni Bridgeway Limited, Annual General Meeting, Oct 28, 2025 Omni Bridgeway Limited, Annual General Meeting, Oct 28, 2025. Announcement • Jul 07
Omni Bridgeway Limited to Report Fiscal Year 2025 Results on Aug 28, 2025 Omni Bridgeway Limited announced that they will report fiscal year 2025 results on Aug 28, 2025 Announcement • Jan 31
Omni Bridgeway Limited to Report First Half, 2025 Results on Feb 27, 2025 Omni Bridgeway Limited announced that they will report first half, 2025 results on Feb 27, 2025 Announcement • Sep 25
Omni Bridgeway Limited, Annual General Meeting, Nov 19, 2024 Omni Bridgeway Limited, Annual General Meeting, Nov 19, 2024. Reported Earnings • Aug 29
Full year 2024 earnings released Full year 2024 results: Revenue: AU$279.2m (up AU$257.7m from FY 2023). Net income: AU$30.5m (up AU$62.2m from FY 2023). Profit margin: 11% (up from net loss in FY 2023). Revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 9.1% decline forecast for the Diversified Financial industry in Australia. Announcement • Jul 31
Omni Bridgeway Limited to Report Fiscal Year 2024 Results on Aug 29, 2024 Omni Bridgeway Limited announced that they will report fiscal year 2024 results on Aug 29, 2024 Recent Insider Transactions • Mar 13
MD, CEO recently bought AU$78k worth of stock On the 11th of March, Raymond van Hulst bought around 50k shares on-market at roughly AU$1.55 per share. This transaction amounted to 1.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Raymond has been a buyer over the last 12 months, purchasing a net total of AU$259k worth in shares. New Risk • Mar 07
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$125m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. This is currently the only risk that has been identified for the company. Reported Earnings • Mar 01
First half 2024 earnings released First half 2024 results: Revenue: AU$188.8m (up AU$177.8m from 1H 2023). Net income: AU$33.4m (up AU$76.2m from 1H 2023). Profit margin: 18% (up from net loss in 1H 2023). Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 7.5% decline forecast for the Diversified Financial industry in Australia. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings. Announcement • Jan 25
Omni Bridgeway Limited to Report First Half, 2024 Results on Feb 29, 2024 Omni Bridgeway Limited announced that they will report first half, 2024 results on Feb 29, 2024 Recent Insider Transactions • Nov 25
Independent Non-Executive Chairman recently bought AU$203k worth of stock On the 23rd of November, Michael Graham Kay bought around 130k shares on-market at roughly AU$1.56 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Michael Graham's only on-market trade for the last 12 months. Announcement • Nov 17
Omni Bridgeway Limited Appoints Chris Huish as Joint Company Secretary Omni Bridgeway Limited announced that Mr. Chris Huish has been appointed as Joint Company Secretary alongside current Company Secretary and Global General Counsel, Mr. Jeremy Sambrook, effective immediately. Mr. Huish has held the position of Assistant Company Secretary with Omni Bridgeway since April 2022 and has extensive ASX experience, providing company secretarial and corporate advisory services to board and various committees across several industry sectors. Mr. Huish is a Fellow of the Governance Institute of Australia and a member of the Australian Institute of Company Directors. Mr. Huish will be jointly responsible for communication with the ASX in relation to listing rule matters, pursuant to ASX Listing Rule 12.6. Recent Insider Transactions • Nov 03
MD, CEO recently bought AU$152k worth of stock On the 31st of October, Raymond van Hulst bought around 100k shares on-market at roughly AU$1.52 per share. This transaction amounted to 2.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Raymond's only on-market trade for the last 12 months. Recent Insider Transactions • Sep 19
Non-Executive Director recently bought AU$144k worth of stock On the 15th of September, Michael Green bought around 72k shares on-market at roughly AU$1.99 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$188k more in shares than they have sold in the last 12 months. Reported Earnings • Aug 23
Full year 2023 earnings released: AU$0.12 loss per share (vs AU$0.17 loss in FY 2022) Full year 2023 results: AU$0.12 loss per share (improved from AU$0.17 loss in FY 2022). Revenue: AU$116.8m (up 277% from FY 2022). Net loss: AU$31.7m (loss narrowed 31% from FY 2022). Revenue is forecast to grow 51% p.a. on average during the next 2 years, compared to a 6.5% decline forecast for the Diversified Financial industry in Australia. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 18% per year. Announcement • Aug 01
Omni Bridgeway Limited, Annual General Meeting, Oct 26, 2023 Omni Bridgeway Limited, Annual General Meeting, Oct 26, 2023. Location: Radisson Blu Plaza Hotel Sydney Sydney Australia Announcement • Jul 01
Omni Bridgeway Announces Board Changes Omni Bridgeway appointed Leora Ben-Ami and the Honorable Winifred Y. Smith (Ret.) to its Investment Committee. These nationally regarded legal industry professionals bring decades of experience and a wealth of knowledge to Omni Bridgeway's investment process. Ms. Ben-Ami will leverage her extensive background in intellectual property to review and evaluate cases relevant to the company's global IP portfolio. Judge Smith joins the US Investment Committee, where she will consider a variety of complex commercial cases. Ms. Ben-Ami is a renowned intellectual property attorney with a focus on biotechnology, life sciences and pharmaceuticals. She has extensive trial experience as lead counsel including arguing before the U.S. Court of Appeals and within the Federal Circuit. In addition to taking on leadership roles at various AmLaw Global 200 firms, Ms. Ben-Ami sits on the board of the New York Intellectual Property Law Association. The Honorable Winifred Y. Smith (Ret.) is a distinguished jurist, having served on the bench of the Alameda County Superior Court for over two decades adjudicating complex civil litigation matters and numerous questions of first impression. She was selected as Presiding Judge in 2015-2016 and later retired following her service in the Complex Civil Litigation division. Judge Smith also lent her experience as a Justice Pro Tem for the California Court of Appeal, First Appellate District, Division Four. In 2021, she was awarded Trial Judge of the Year by the American Board of Trial Advocates. Prior to her career on the bench, Judge Smith was a Deputy Attorney General with the California Department of Justice's Office of the Attorney General for 26 years. Board Change • May 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. MD, Co- Chief Investment Officer of EMEA & Executive Director Raymond van Hulst was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 24
First half 2023 earnings released: AU$0.16 loss per share (vs AU$0.10 loss in 1H 2022) First half 2023 results: AU$0.16 loss per share (further deteriorated from AU$0.10 loss in 1H 2022). Revenue: AU$17.4m (up 53% from 1H 2022). Net loss: AU$42.8m (loss widened 54% from 1H 2022). Revenue is forecast to grow 87% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Diversified Financial industry in Australia. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Announcement • Feb 08
Omni Bridgeway Announces Additions of Investment Managers and Office Heads Omni Bridgeway announced the expansion of its operations into Chicago and Miami with the additions of investment managers and office heads, Maryanne Woo in Chicago and Lauren Alexander in Miami. The company also welcome Enrique Molina, who joins Omni Bridgeway as an Investment Manager in Miami. Maryanne joins Omni Bridgeway to continue building out the company's Midwest presence. She has over two decades of experience as a trial attorney in Chicago, handling complex disputes in state and federal courts involving product liability, multi-district litigation, mass tort, and shareholder derivatives issues. Prior to joining Omni Bridgeway, she was a litigation partner at Reed Smith LLP, where she focused on issues surrounding disruptive technology and artificial intelligence. In Miami, Lauren brings local market knowledge and subject matter expertise in key areas such as bankruptcy, restructuring, multidistrict litigation, and commercial disputes. She has nearly 15 years of litigation experience in the Miami office of Weil Gotshal & Manges LLP, where she represented clients in a range of matters relating to contract disputes, business torts, antitrust, fraud, and asset valuation disputes. Enrique joins Omni Bridgeway from King & Spalding in Miami, where he focused on international arbitration and litigation. With more than 6 years of experience, Enrique has handled numerous investor-state disputes involving Latin American parties in a broad range of industries including energy, mining, banking, and transportation. Announcement • Feb 06
Omni Bridgeway Announces EMEA Leadership and Investment Management Promotions in Amsterdam and London Omni Bridgeway announced the appointment of Hannah van Roessel as Co-Chief Investment Officer – EMEA, and the promotions of Kees de Visser and Alistair Croft. Based in Amsterdam, Hannah will work closely with Raymond van Hulst (Executive Director and Co-CIO EMEA) to jointly lead all aspects of Omni Bridgeway's EMEA operations. With 10 years of experience at Omni Bridgeway, Hannah brings a unique global perspective to her new role, having served as Senior Investment Manager and Director Enforcement first for EMEA and then the US, when she relocated to New York to launch the company's US judgment enforcement business in 2022. Throughout her tenure in the legal finance industry, Hannah has achieved a notable record of success, managing complex multijurisdictional enforcement cases and securing recoveries in contested settings. Before joining Omni Bridgeway, she practiced at leading law firms NautaDutilh and Loyens & Loeff, gaining significant experience with the cross-border recognition and enforcement of arbitral awards in many jurisdictions, in particular against sovereigns and semi-sovereigns.Also in Amsterdam, the company announced Kees de Visser has been promoted as Chair of the Investment Committee for EMEA, in which he oversees funding requests as a member of the company's global investment committee. Before joining Omni Bridgeway in 2016, Kees practised law, admitted at De Brauw Blackstone Westbroek where he handled large and high-profile cross-border litigation and enforcement matters and led the firm's private international law team. In London, Alistair Croft has been promoted to Senior Investment Manager with a focus on enforcement, contentious trust and insolvency matters. Prior to joining Omni Bridgeway in 2015, Alistair practised law for over a decade, becoming a barrister and a partner at a leading law firm with a broad practice advising on complex cross-border litigation, fraud, enforcement, and contentious trust matters for UHNWI and insolvency. Announcement • Jan 30
Omni Bridgeway Limited to Report First Half, 2023 Results on Feb 23, 2023 Omni Bridgeway Limited announced that they will report first half, 2023 results on Feb 23, 2023 Reported Earnings • Aug 31
Full year 2022 earnings released: AU$0.17 loss per share (vs AU$0.099 loss in FY 2021) Full year 2022 results: AU$0.17 loss per share (down from AU$0.099 loss in FY 2021). Revenue: AU$30.2m (up 90% from FY 2021). Net loss: AU$45.6m (loss widened 79% from FY 2021). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 21
First half 2022 earnings: EPS in line with analyst expectations despite revenue beat First half 2022 results: AU$0.10 loss per share (up from AU$0.28 loss in 1H 2021). Revenue: AU$11.3m (up 110% from 1H 2021). Net loss: AU$27.7m (loss narrowed 60% from 1H 2021). Revenue exceeded analyst estimates by 184%. Over the next year, revenue is forecast to grow 1,942%, compared to a 102% growth forecast for the industry in Australia. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Executive Departure • Dec 03
Executive Director Hugh McLernon has left the company On the 30th of November, Hugh McLernon was replaced as CEO by Andrew Saker after 5.8 years in the role. Hugh still personally held 3.48m shares (AU$12m worth) as of September 2021. This is 1.3% of the company. Hugh is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.21 years. Board Change • Dec 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. MD of EMEA & Executive Director Raymond van Hulst was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Breakeven Date Change • Sep 23
Forecast to breakeven in 2022 The 2 analysts covering Omni Bridgeway expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$263.2m in 2022. Earnings growth of 61% is required to achieve expected profit on schedule. Recent Insider Transactions • Sep 17
Independent Non-Executive Chairman recently bought AU$187k worth of stock On the 10th of September, Michael Graham Kay bought around 50k shares on-market at roughly AU$3.74 per share. In the last 3 months, they made an even bigger purchase worth AU$195k. Michael Graham has been a buyer over the last 12 months, purchasing a net total of AU$553k worth in shares. Recent Insider Transactions • Sep 04
Executive Director recently sold AU$1.9m worth of stock On the 1st of September, Hugh McLernon sold around 477k shares on-market at roughly AU$4.03 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$5.9m more than they bought in the last 12 months. Reported Earnings • Aug 20
Full year 2021 earnings released: AU$0.099 loss per share (vs AU$0.049 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: AU$17.7m (down 34% from FY 2020). Net loss: AU$25.5m (loss widened 121% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Recent Insider Transactions • Apr 13
Executive Director recently sold AU$3.6m worth of stock On the 8th of April, Hugh McLernon sold around 1m shares on-market at roughly AU$3.63 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$4.2m more than they bought in the last 12 months. Recent Insider Transactions • Apr 07
Independent Non-Executive Chairman recently bought AU$171k worth of stock On the 31st of March, Michael Graham Kay bought around 49k shares on-market at roughly AU$3.52 per share. This was the largest purchase by an insider in the last 3 months. This was Michael Graham's only on-market trade for the last 12 months. Recent Insider Transactions • Mar 31
Executive Director recently sold AU$752k worth of stock On the 23rd of March, Hugh McLernon sold around 209k shares on-market at roughly AU$3.60 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Feb 27
First half 2021 earnings released: AU$0.28 loss per share (vs AU$0.16 loss in 1H 2020) The company reported a poor first half result with increased losses, weaker revenues and weaker control over costs. First half 2021 results: Revenue: AU$5.35m (down 51% from 1H 2020). Net loss: AU$69.9m (loss widened 100% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Jan 05
New 90-day high: AU$4.42 The company is up 13% from its price of AU$3.91 on 07 October 2020. The Australian market is also up 13% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Diversified Financial industry, which is up 32% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share. Is New 90 Day High Low • Oct 28
New 90-day low: AU$3.62 The company is down 23% from its price of AU$4.70 on 30 July 2020. The Australian market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Diversified Financial industry, which is down 13% over the same period. Is New 90 Day High Low • Sep 22
New 90-day low: AU$3.82 The company is down 22% from its price of AU$4.88 on 24 June 2020. The Australian market is flat over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Diversified Financial industry, which is down 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.