Top Page
MSP Recovery
(NASDAQ:MSPR)
MSP Recovery (MSPR) vs. SPDR S&P 500 ETF (SPY)
MSP Recovery Business Overview & Revenue Model
MSP Recovery Earnings Call Summary
MSP Recovery Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 13.28M | 18.25M | 7.71M | 23.42M | 14.63M | 13.89M |
| Gross Profit | 4.63M | 8.64M | 5.56M | 21.37M | 14.09M | 13.71M |
| EBITDA | -584.24M | -652.46M | -545.71M | -280.47M | -5.52M | -3.15M |
| Net Income | -581.26M | -360.50M | -56.35M | -7.42M | -33.09M | -24.25M |
Balance Sheet | ||||||
| Total Assets | 1.67B | 1.92B | 3.16B | 3.42B | 104.01M | 17.84M |
| Cash, Cash Equivalents and Short-Term Investments | 3.99M | 12.33M | 11.63M | 3.66M | 1.66M | 11.88M |
| Total Debt | 861.21M | 794.66M | 679.22M | 324.25M | 213.61M | 48.09M |
| Total Liabilities | 2.28B | 2.05B | 1.74B | 1.23B | 255.41M | 133.69M |
| Stockholders Equity | -207.16M | 100.58M | 272.39M | 109.69M | -155.76M | -120.18M |
Cash Flow | ||||||
| Free Cash Flow | -23.16M | -16.65M | -41.77M | -83.62M | 1.62M | -344.00K |
| Operating Cash Flow | -20.61M | -16.12M | -40.02M | -80.64M | 2.25M | -14.00K |
| Investing Cash Flow | -111.38M | -2.73M | 7.56M | -5.68M | -2.01M | 986.00K |
| Financing Cash Flow | 20.03M | 19.54M | 29.02M | 99.73M | -10.46M | 9.61M |
MSP Recovery Technical Analysis
MSP Recovery Risk Analysis
MSP Recovery Peers Comparison
MSP Recovery Corporate Events
MSP Recovery, Inc. has announced a delay in filing its Form 10-Q (Quarter Report) for the financial period ending September 30, 2025. The primary reason for this delay is the recent transition in audit firms, with Baker Tilly US, LLP taking over as the independent registered public accounting firm. This transition has resulted in incomplete required activities with the predecessor audit firm, delaying the review of the consolidated financial statements. The company anticipates filing the delayed report within the five-day grace period allowed under Rule 12b-25. MSP Recovery does not expect any significant changes in its financial results compared to the previous year. The company is actively working with its new auditor to ensure compliance, as stated by Francisco Rivas-Vásquez, the Chief Financial Officer.
The most recent analyst rating on (MSPR) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on MSP Recovery stock, see the MSPR Stock Forecast page.
On October 28, 2025, MSP Recovery, Inc. and Yorkville reached an agreement to reduce the Floor Price under their Standby Equity Purchase Agreement from $1.00 to $0.50. Additionally, MSP Recovery amended its promissory note with Nomura to reflect a principal amount of $35.4 million and secured a waiver for $3.0 million to fund operations. Despite these financial maneuvers, MSP Recovery received a delisting notification from Nasdaq on October 22, 2025, due to non-compliance with stockholder equity requirements. The company intends to appeal the decision, with the possibility of its stock trading on the OTCQB Venture Market if delisted from Nasdaq.
The most recent analyst rating on (MSPR) stock is a Sell with a $1.50 price target. To see the full list of analyst forecasts on MSP Recovery stock, see the MSPR Stock Forecast page.
MSP Recovery entered into a Standby Equity Purchase Agreement with Yorkville, allowing the company to sell up to $250 million of its common stock. As part of this agreement, Yorkville advanced funds through convertible promissory notes, with a recent second supplemental agreement on October 10, 2025, providing additional funding of up to $3 million. The conversion terms were adjusted, including a change in the floor price from $1.20 to $1.00 per share. Additionally, on October 7, 2025, Alexandra Plasencia, the General Counsel, announced her resignation effective October 17, 2025, but will assist in the transition until November 30, 2025.
The most recent analyst rating on (MSPR) stock is a Sell with a $1.50 price target. To see the full list of analyst forecasts on MSP Recovery stock, see the MSPR Stock Forecast page.
On September 29, 2025, MSP Recovery and Yorkville agreed to lower the Floor Price under the Yorkville SEPA from $1.60 to $1.20. This adjustment in the agreement could potentially impact the financial terms and conditions between the parties, influencing MSP Recovery’s financial strategy and market positioning.
The most recent analyst rating on (MSPR) stock is a Sell with a $1.50 price target. To see the full list of analyst forecasts on MSP Recovery stock, see the MSPR Stock Forecast page.
MSP Recovery, Inc. has reached confidential settlement agreements totaling $2.9 million in cash, involving a property and casualty insurer and a pharmaceutical defendant. The settlements include agreements to provide historical data and resolve Medicare claims, as well as addressing overpayments in a prescription drug scheme, potentially impacting the company’s operations and financial positioning.
The most recent analyst rating on (MSPR) stock is a Sell with a $1.50 price target. To see the full list of analyst forecasts on MSP Recovery stock, see the MSPR Stock Forecast page.
On September 15, 2025, MSP Recovery and Yorkville agreed to lower the Floor Price under the Yorkville SEPA from $2.00 to $1.60. This adjustment may impact MSP Recovery’s financial strategies and stakeholder interests by potentially altering the company’s capital structure and market positioning.
The most recent analyst rating on (MSPR) stock is a Sell with a $1.50 price target. To see the full list of analyst forecasts on MSP Recovery stock, see the MSPR Stock Forecast page.
On September 8, 2025, MSP Recovery, LLC, a subsidiary of MSP Recovery, Inc., reached a settlement with Cano Health, LLC, resolving litigation that began on August 10, 2023. The settlement, which involved dismissing all claims with prejudice, eliminates previously disclosed risks associated with the litigation and is not expected to materially impact MSP Recovery’s financial condition or operations.
The most recent analyst rating on (MSPR) stock is a Sell with a $1.50 price target. To see the full list of analyst forecasts on MSP Recovery stock, see the MSPR Stock Forecast page.
On September 5, 2025, MSP Recovery and Yorkville agreed to lower the Floor Price under the Yorkville SEPA from $3.50 to $2.00. This adjustment could potentially impact the company’s financial arrangements and market strategy, influencing stakeholder interests.
The most recent analyst rating on (MSPR) stock is a Sell with a $2.00 price target. To see the full list of analyst forecasts on MSP Recovery stock, see the MSPR Stock Forecast page.
On September 1, 2025, MSP Recovery, Inc. implemented a reverse stock split, consolidating every seven shares of its Class A and Class V Common Stock into one share, without altering the par value. This move, approved by a majority of stockholders on August 18, 2025, aimed to increase the market price per share to comply with Nasdaq rules. The reverse split reduced the number of Class A shares from approximately 7.2 million to 1 million and Up-C Units from 3.3 million to 0.5 million, affecting all stockholders uniformly without altering their percentage ownership.
The most recent analyst rating on (MSPR) stock is a Sell with a $0.50 price target. To see the full list of analyst forecasts on MSP Recovery stock, see the MSPR Stock Forecast page.
On August 20, 2025, a jury in the Menendez Litigation found MSP Recovery, LLC, a subsidiary of MSP Recovery, Inc., liable for breach of an alleged oral contract, awarding plaintiffs $12.7 million in damages. Although the jury exonerated the parent company and its CEO, John H. Ruiz, from fraud and misrepresentation claims, the verdict has introduced uncertainty regarding the company’s financial condition and may impact its ability to raise capital or continue operations. The company plans to challenge the verdict through post-trial motions and potential appeals.
The most recent analyst rating on (MSPR) stock is a Sell with a $0.50 price target. To see the full list of analyst forecasts on MSP Recovery stock, see the MSPR Stock Forecast page.
On August 18, 2025, MSP Recovery, Inc. held a Special Meeting of its Stockholders, where approximately 74.74% of stockholders were present. During the meeting, stockholders approved an amendment to the company’s Charter for a reverse stock split at a ratio between 1-for-2 and 1-for-7, and the issuance of Class A Common Stock to Virage Recovery Master LP, in compliance with Nasdaq Listing Rule 5635(d).