Christopher Bogart, Burford Capital's Chief Executive Officer, commented:
"Burford has a multi-billion-dollar portfolio of litigation assets delivering substantial cash returns and the market-leading origination engine. Burford's business is robust. We have ample liquidity, with more than $700 million of cash on hand, and have sight of around $280 million1 in cash so far this year from the portfolio.
"While the YPF loss was disappointing and caused a very large non-cash charge to our quarterly earnings, there is no cash impact from that loss. Indeed, if YPF never pays another cent, we will still have generated $236 million in cash proceeds and more than $100 million in profit from the case, and we are optimistic about a positive arbitration outcome."
Burford will hold a conference call for investors and analysts at 8.00am EDT / 1.00pm BST on Friday, May 8, 2026. For swift access to the conference call at the time of the event, pre-registration is encouraged at https://registrations.events/direct/Q4I79209385. The dial-in numbers for the conference call are +1 (646) 307-1951 (USA) or +1 (888) 500-3691 (USA & Canada toll free) / +44 (0)20 8610 3526 (UK) or +44 800 524 4258 (UK toll free), and the access code is 79209. To minimize the risk of delayed access, participants are urged to dial into the conference call by 7.40am EDT / 12.40pm BST.
A live audio webcast and replay will also be available at https://events.q4inc.com/attendee/593482261, and pre-registration at that link is encouraged.
1
This number represents cash received year-to-date and specific receivables that are actively in the process of paying.
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