- United Kingdom
- /
- Diversified Financial
- /
- AIM:LIT
Litigation Capital Management Reports First Half 2023 Earnings
Litigation Capital Management (LON:LIT) First Half 2023 Results
Key Financial Results
- Revenue: AU$4.70m (down 76% from 1H 2022).
- Net loss: AU$7.50m (down by 386% from AU$2.62m profit in 1H 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Litigation Capital Management Earnings Insights
Looking ahead, revenue is forecast to grow 54% p.a. on average during the next 2 years, compared to a 44% growth forecast for the Diversified Financial industry in the United Kingdom.
Performance of the British Diversified Financial industry.
The company's shares are up 4.7% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Litigation Capital Management's balance sheet and an in-depth analysis of the company's financial position.
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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.
About AIM:LIT
Litigation Capital Management
Provides dispute finance and risk management services in Australia and the United Kingdom.
Good value with reasonable growth potential.
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