Burford Capital Reports Record Revenue and Strategic Growth Initiatives in H1 2025

Burford Capital Ltd reported record revenue and strategic growth initiatives, with new business commitments up 71% year-to-date, net income fivefold higher than 2024, and a successful $500 million issuance. The company has a diverse global portfolio and a strong financial performance, but faces ongoing opposition to litigation finance, increased expenses, and scrutiny of the industry.

Burford Capital Ltd, a leading global finance and asset management firm focused on law, reported robust financial performance for the second quarter of 2025 (2Q25). The company announced unaudited financial results that showcase significant revenue growth and strategic initiatives. Key highlights include a 71% increase in new business commitments year-to-date, a net income fivefold higher than 2024, and a successful $500 million issuance [1].

The company's Chief Executive Officer, Christopher Bogart, commented on the strong performance, stating, "Burford saw sharp increases in revenue and profitability in the second quarter and on a year-to-date basis. We also have written very substantial levels of new business so far this year, illustrating the ongoing strength of demand and our pipeline. In July we raised a half billion dollars of new capital in two days, which reflects market confidence in our trajectory, and underscores Burford's scale as a formidable competitive moat" [1].

Burford Capital's revenue for 2Q25 reached $191.3 million, reflecting a significant increase from the previous year. The company's operating income was $142.2 million, indicating strong operational performance with effective cost management. Net income for the period was $105.2 million, showcasing a substantial improvement over the prior year, supported by increased revenues and controlled expenses [2].

The company's Principal Finance segment, which allocates capital to legal finance assets, reported significant capital provision income. This segment continues to be a major contributor to the company's operational performance, reflecting its strategic focus on legal finance assets [2].

Geographically, Burford Capital operates in multiple jurisdictions, including Australia, Ireland, Singapore, the United Kingdom, and the United States. The variability in the effective tax rate across these regions reflects the differing portions of income and losses reported in each jurisdiction, impacting operational performance [2].

Despite the strong performance, Burford Capital faces ongoing opposition to litigation finance, increased expenses, and scrutiny of the industry. The company is evaluating the impact of the One Big Beautiful Bill Act (OBBBA), which includes tax reform provisions that could affect its effective tax rate and deferred tax assets and liabilities in future periods [2].

Burford Capital will hold a conference call for investors and analysts on August 7, 2025, at 9:00 am EDT / 2:00 pm BST. Pre-registration is encouraged to ensure swift access to the conference call. For further information, please contact Burford Capital's investor relations team [1].

References:
[1] https://investors.burfordcapital.com/news/news-details/2025/Burford-Reports-2Q25-and-YTD25-Financial-Results/default.aspx
[2] https://www.tradingview.com/news/tradingview:003deb1e66bb7:0-burford-capital-ltd-sec-10-q-report/