Litigation Capital Management Announces Record Financial Results
Litigation Capital Management (AIM: LCM), which provides capital and risk management tools to litigants, has this week announced all time high revenues and profits in full year results released to the market.
Realised income for the year compared to revenue as previously disclosed in the prior year was AUS$181m, A$84m of which was attributable to the shareholders of LCM (FY22 AUS$47m), an increase of 285% on a consolidated basis and 78% attributable to LCM. This has prompted the board to announce a dividend of 2.25p per share.
In the interview below LCM’s CEO Patrick Moloney outlines not only their business model, but how they achieved this record breaking performance