Litigation Capital Management Reports First Half 2023 Earnings

Simply Wall St

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).
AIM:LIT Earnings and Revenue History March 16th 2023

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.

Valuation is complex, but we're here to simplify it.

Discover if Litigation Capital Management might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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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.