Record Cash Realizations
Burford Capital achieved a record year for cash realizations, bringing in more cash than ever before in its history. Realizations were very high, with a significant amount of cash brought in from a variety of successful cases.
Strong Net Realized Gains
The company reported net realized gains as an annual record by a wide margin. Net realized gains were up 75% year-over-year, driven by multiple successful case resolutions.
Portfolio Growth
The portfolio grew at a 15% CAGR over the past several years, with 2024 portfolio growth at about 8%. New business target realizations set a new record.
High Return on Invested Capital (ROIC)
The 2024 net realized gains reflected a more than 100% ROIC, significantly higher than the prior year and above historical averages.
Strong Cash Position
Burford Capital ended the year with over $500 million in cash and securities, a significant increase driven by almost $700 million in cash receipts.