Burford Capital Full Year 2024 Earnings: Misses Expectations

Simply Wall St

March 06, 2025

Burford Capital (LON:BUR) Full Year 2024 Results

Key Financial Results

Revenue: US$546.1m (down 49% from FY 2023).
Net income: US$146.5m (down 76% from FY 2023).
Profit margin: 27% (down from 57% in FY 2023). The decrease in margin was driven by lower revenue.
EPS: US$0.66 (down from US$2.79 in FY 2023).

revenue-and-expenses-breakdown — AIM:BUR Revenue and Expenses Breakdown March 6th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Burford Capital Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 9.7%. Earnings per share (EPS) also missed analyst estimates by 44%.

The primary driver behind last 12 months revenue was the Principal Finance segment contributing a total revenue of US$412.7m (76% of total revenue). The most substantial expense, totaling US$244.1m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how BUR's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 16% decline forecast for the Diversified Financial industry in the United Kingdom.

Performance of the British Diversified Financial industry.

The company's shares are down 13% from a week ago.

Risk Analysis

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.