Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $534M | $328M | $217M | $319M | $1.09B | $546M | $413M |
| Revenue growth | — | -38.7% | -33.7% | 46.9% | 240.5% | -49.8% | -24.3% |
| Operating income | $396M | $209M | $68.6M | $195M | $816M | $391M | $232M |
| Operating margin | 74.2% | 63.7% | 31.6% | 61.1% | 75.0% | 71.5% | 56.2% |
| Net income | $301M | $143M | -$28.8M | $30.5M | $611M | $146M | $62.6M |
| Net margin | 56.2% | 43.7% | -13.2% | 9.6% | 56.2% | 26.8% | 15.1% |
| EPS (diluted) | $1.37 | $0.65 | -$0.13 | $0.14 | $2.74 | $0.66 | $0.28 |
| Fiscal year | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -$274M | $53.8M | -$585M | -$466M | -$275M | $217M | -$29.0M |
| Capital expenditures | $3.40M | $360K | $285K | $407K | $3.21M | $661K | $284K |
| Free cash flow | -$277M | $53.5M | -$586M | -$467M | -$278M | $216M | -$29.3M |
| Share buybacks | — | — | — | $3.75M | $3.76M | $5.09M | $15.3M |
| Dividends paid | $28.4M | — | $41.0M | $27.7M | $27.5M | — | — |
| Fiscal year | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Cash & equivalents | $178M | $322M | $180M | $108M | $221M | $470M | $566M |
| Total assets | — | $3.27B | $3.74B | $4.29B | $5.84B | $6.18B | $6.64B |
| Total liabilities | — | $1.24B | $1.63B | $1.90B | $2.63B | $2.92B | $3.51B |
| Long-term debt | $665M | $677M | $1.04B | $1.27B | $1.53B | $1.76B | $2.13B |
| Shareholders' equity | $1.87B | $1.76B | $1.70B | $1.74B | $2.29B | $2.42B | $2.45B |
| Retained earnings | — | $1.14B | $1.07B | $1.07B | $1.65B | $1.77B | $1.80B |
| Shares (wtd avg diluted) | 219M | 220M | 219M | 222M | 223M | 223M | 225M |
Every figure is extracted from Burford Capital Ltd’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.