Burford reported FY25 consolidated GAAP net income of USD 72 million and a 4Q25 net loss of USD 50 million. Net income attributable to shareholders was USD 63 million for FY25 and a 4Q25 net loss attributable to shareholders of USD 37 million, with diluted EPS of USD 0.28 for FY25 and USD -0.17 for 4Q25. Consolidated FY25 total revenues were USD 413 million, including capital provision income of USD 477 million and net realized gains of USD 261 million. FY25 operating expenses were USD 181 million and finance costs were USD 151 million. Liquidity (cash and marketable securities) was USD 621 million at Dec. 31, 2025; debt payable was USD 2.128 billion and tangible book value per ordinary share was USD 10.57. In its Principal Finance segment (Burford-only), Burford posted FY25 capital provision income of USD 331 million and 4Q25 capital provision income of USD 23 million; FY25 realizations were USD 458 million and cash receipts were USD 530 million. New definitive commitments in FY25 were USD 872 million (+39%), with deployments of USD 459 million (+15%), and modeled realizations increased by about USD 700 million to USD 5.2 billion at year-end. Burford said results were impacted by extended case durations and other unrealized fair value adjustments, citing a USD 22 million FY25 fair value reduction across Sysco proteins antitrust cases due to duration and litigation costs, a USD 25 million FY25 fair value reduction tied to a client bankruptcy, and a USD 10 million FY25 fair value reduction in a mining arbitration after an adverse tribunal ruling in one of two proceedings. On YPF-related assets, Burford reported fair value of USD 1.7 billion at Dec. 31, 2025 and reiterated it expects to ultimately monetize the position; it noted Argentina’s appeal is pending following an Oct. 29, 2025 oral argument. Burford’s board declared a final FY25 dividend of USD 0.0625 per share, payable June 12, 2026 (subject to shareholder approval), to shareholders of record May 22, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Burford Capital Ltd. published the original content used to generate this news brief on February 26, 2026, and is solely responsible for the information contained therein.