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Burford Capital(BUR) - 2025 Q3 - Earnings Call Presentation

Financial Performance - GAAP consolidated net income/(loss) was $(20) million in 3Q25 and $122 million in YTD25[17] - Net income attributable to Burford Capital Limited shareholders was $(19) million in 3Q25 and $100 million in YTD25[17] - New definitive commitments of $637 million in YTD25, up 52% compared to YTD24[24] - Deployments of $329 million in YTD25, up 20% compared to YTD24[24] - Realizations of $310 million in YTD25, were down from $388 million in YTD24[24] - Cash and marketable securities were $740 million as of September 30, 2025, up from $521 million as of December 31, 2024[102] Portfolio and YPF Cases - Group-wide portfolio fair value and undrawn commitments totaled $7.5 billion as of September 30, 2025[20, 22] - Fair value of YPF-related assets was $1.7 billion as of September 30, 2025[27] - The company believes YPF-related assets will ultimately deliver a ten-figure recovery for Burford[27] London Listing - NYSE share registration increased from 40% in June 2023 to 70% in September 2025, while LSE share registration decreased from 60% to 30%[45]