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Burford Capital(BUR) - 2020 Q4 - Earnings Call Presentation
2021-03-25 03:01
业绩总结 - Burford在2020年的总收入较2019年增长了110%[12] - 2020年Burford的运营利润较2019年增长了226%[12] - 2020年集团整体收入显著上升至508百万美元,较2019年的397百万美元增长了28%[66] - Burford的现金流在2020年达到了5.19亿美元,主要来自于3.25亿美元的资本提供直接实现收益[22] - 2020年,Burford的累计回收金额达到8.35亿美元,比2019年12月31日增长49%[28] - Burford的现金收入覆盖运营费用和财务成本的比例接近4倍[22] - Burford在2020年实现的收益中,排除YPF相关资产后增长了153%[19] 用户数据 - Burford的资本提供直接实现收益在2020年达到了3.61亿美元,较2019年的1.78亿美元增长了36%[19] - Burford的资本提供资产的实现收益在2020年占其收入的57%,高于2019年的41%[19] - 2020年,Burford的资本提供直接资产的实现总额为6.08亿美元,较2019年增长72%[36] - 2020年,Burford的投资组合较2019年年末增长7%,达到39亿美元[36] - 2020年,Burford的资本提供直接资产的总承诺为9.4亿美元,其中89%的已结案承诺已被部署[29] 财务状况 - 截至2020年12月31日,Burford的流动性达到336百万美元,创下公司历史新高[75] - Burford的总资产负债表价值为21.76亿美元,较2019年增长10%[59] - Burford的总负债为1,028,482千美元,扣除第三方权益后为777,965千美元[83] - Burford的总净资产为1,699,812千美元[83] - Burford的现金和现金等价物为322,189千美元,扣除第三方权益后为319,586千美元[83] 投资回报 - 2020年,Burford的投资回报率(ROIC)为247%,内部收益率(IRR)为48%[29] - 2020年,Burford的资本准备资产中,35%基于市场交易进行估值[60] - 2020年,Burford的资本准备资产中34%的账面价值因基础诉讼事件而进行公允价值调整[60] - 2020年,Burford的资本准备直接收入为314百万美元,较2019年的397百万美元有所下降[81] 未来展望 - 预计未来从Partners II和III中至少可获得5000万美元的潜在业绩费用,占总资金管理资产的26%[65] - 2020年,Burford的资本提供直接资产的未实现收益为1.41亿美元,反映出积极的案件进展[55] - 2020年,Burford的资本提供直接资产的平均回收时间为1.6年,结案时间几乎是和解时间的两倍[28]
Burford Capital(BUR) - 2020 Q4 - Annual Report
2021-03-24 00:00
Burford Capital Limited Jim Kilman, Chief Financial Officer +1 917 985 9840 Robert Bailhache, Head of Investor Relations, EMEA and Asia - email +44 (0)20 3530 2023 Jim Ballan, Head of Investor Relations, Americas - email +1 (646) 793 9176 Numis Securities Limited - NOMAD and Joint Broker +44 (0)20 7260 1000 Kevin Cruickshank (NOMAD) Charlie Farquhar / Jonathan Abbott (Joint Broker) Jefferies International Limited - Joint Broker +44 (0)20 7029 8000 Graham Davidson Tony White 24 March 2021 Exhibit 99.1 BURFOR ...
Burford Capital(BUR) - 2020 Q4 - Annual Report
2021-03-24 00:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Mark one) FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 ⌧ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2020 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ...
Burford Capital(BUR) - 2020 Q2 - Earnings Call Transcript
2020-10-02 04:05
Burford Capital Limited (BRFRF) Q2 2020 Results Earnings Conference Call October 1, 2020 9:00 AM ET Company Participants Chris Bogart - Chief Executive Officer Jon Molot - Chief Investment Officer Jim Kilman - Chief Financial Officer Conference Call Participants Mike Brooks - Aberdeen Standard Investments Laurence Endersen - Capstrive Julian Roberts - Jeffries James Hamilton - Numis Peter Webster - Janus Henderson Andrew Shepherd-Barron - Peel Hunt Portia Patel - Canaccord John Dalton - Managed Asset Portfo ...
Burford Capital(BUR) - 2020 Q2 - Earnings Call Presentation
2020-10-01 20:19
SEPTEMBER 2020 Investor presentation First half 2020 results This presentation is for the use of Burford's public shareholders or bondholders and is not an offering of equity interests, bonds, or any other securities of Burford or of any fund sponsored by Burford. | Burford Notice & disclaimer 2 This presentation ("Presentation") does not constitute or form part of, and should not be construed as, an issue for sale or subscription of, or solicitation of any offer or invitation to subscribe for, underwrite o ...
Burford Capital(BUR) - 2019 Q4 - Earnings Call Transcript
2020-05-04 00:02
Burford Capital Ltd (BRFRF) Q4 2019 Earnings Conference Call April 28, 2020 9:00 AM ET Company Participants Christopher Bogart - CEO Jonathan Molot - CIO James Kilman - CFO Conference Call Participants Justin Bates - Canaccord Genuity Brian Flynn - Shannonside Capital Operator Good morning and good afternoon to everyone, and welcome to the Burford Capital 2019 Full Year Results Webcast. My name is Seb, and I'll be the operator on your call today. [Operator Instructions]. Today, on this call, we are joined b ...
Burford Capital(BUR) - 2019 Q2 - Earnings Call Transcript
2019-07-26 15:43
Burford Capital Limited (BRFRF) Q2 2019 Results Earnings Conference Call July 25, 2019 9:00 AM ET Company Participants Christopher Bogart - Chief Executive Officer Jonathan Molot - Chief Investment Officer Elizabeth O'Connell - Chief Financial Officer Conference Call Participants Julian Roberts - Jefferies Trevor Griffiths - N+1 Singer Neil Welch - Macquarie Jonathan Rodgers - Engadine Partners Melwin Mehta - Sterling Investments Christopher Bogart Thanks very much for joining and hello everyone, good after ...
Burford Capital(BUR) - 2019 Q2 - Earnings Call Presentation
2019-07-26 02:31
I N V E S T O R P R E S E N T A T I O N 1 H 2 0 1 9 R E S U L T S 2 5 J U L Y 2 0 1 9 This presentation is for the use of Burford's public shareholders and is not an offering of any Burford private fund. Highlights Interim dividend 70% 60% 76% 85% 98% 28% 27% 31% 30% 32% 2015 2016 2017 2018 1H19 Portfolio returns $41 $76 $176 $205 $287 1H15 1H16 1H17 1H18 1H19 Income ($ in millions) $101 $104 $186 $299 $184 $126 $310 1H15 1H16 1H17 1H18 1H19 Cash Receipts ($ in millions) 2.33 2.67 3.05 3.67 4.17 1H15 1H16 1 ...
Burford Capital(BUR) - 2018 Q4 - Earnings Call Transcript
2019-03-14 03:59
Burford Capital Limited (BRFRF) Q4 2018 Earnings Conference Call March 13, 2019 10:00 AM ET Company Participants Christopher Bogart - Chief Executive Officer Jonathan Molot - Chief Investment Officer Elizabeth O'Connell - Chief Financial Officer Conference Call Participants Trevor Griffiths - N+1 Singer Advisory LLP Neil Welch - Macquarie Bank Daniel Lasry - Engadine Partners LLP Operator Hello, and welcome to the Burford Capital Full-Year Results 2018. [Operator Instructions] I'd now like to hand over to y ...
Burford Capital(BUR) - 2018 Q4 - Earnings Call Presentation
2019-03-13 22:06
I N VESTOR PRESE NTATION 2 0 1 8 R E S U L T S 1 3 M A R C H 2 0 1 9 This presentation is for the use of Burford's public shareholders and is not an offering of any Burford private fund. Burford's equity performance Burford has generated significant returns for its shareholders Total shareholder return 2018 5-year Since Burford's 2009 inception | --- | --- | --- | --- | --- | |--------------------------|-------|--------|-------|--------| | Burford | 45% | 1,394% | | 1,845% | | FTSE All-Share Index | (10%) | ...