Litigation Capital Management Limited
Litigation Capital Management Limited (LCM) is a global provider of legal finance, operating two business models: direct investments funded from its own permanent balance sheet capital, and fund/asset management of third-party capital (LCM Global Alternative Returns Funds I, II and III). It pursues single-case funding, corporate portfolio funding and acquisitions of claims, earning returns from its own invested capital and performance fees from fund management. FY26 was a year of severe losses and the Group has agreed a long-term amendment with its lender, Northleaf, to move the existing case portfolio into an orderly run-off with no new investments.
0.6c at close on 16 Oct 2026 · 11 reported years, FY2016–FY2026
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AUD millions, negatives in brackets. Per-share lines in cents. later is what a following report restated the figure to; vs is a second reading that disagrees. The figure shown is the one the original filing printed, and both readings are kept. Click any figure: opens the report page it was read from, highlighted; shows how it was calculated. The share price above is drawn to the same columns: each close sits over the financial year it fell in.
2 years, at a glance
Dashed: Operating margin, in % on its own scale — read its shape, not its height against the bars.