With IMF's share price in the doldrums, it's useful to compare operating performance with 2 UK based competitors. Both are listed on the AIM market in London.
Burford Capital
Although only operating for a few years, Burford is on song with rising profits and margins. Most of the business is litigation funding, however Burford has managed to leverage skills by providing contingent services such as a specialised insurance company, risk assessments and judgement enforcement. These all help with smoothing out revenues.
Juridica Investments
Juridica is similar to IMF in that it is dependent on litigation outcomes. As a result profits are lumpy and unpredictable with a recent string of significant losses, leading to poor market performance.
Comparing these 2 to IMF - both are informative in presentations and reports and both present their portfolios on fair value, not gross potential claims.
IMF could learn from them.
