OBL 6.48% $1.15 omni bridgeway limited

I listened into the CEO call for the 1H FY23The company and its...

  1. 551 Posts.
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    I listened into the CEO call for the 1H FY23

    The company and its financials are really hard to get your head around once you dig into them.

    My main takeaways from the 1H FY23 are :

    1) The company is the largest in the world in legal risk.
    2) The financial for the 1h FY23 were impacted by delays and slower settlements. This is a timing thing I think so we should catch up in the future.
    3) There was a 29% increase in staff costs to $39m... Its seems hard to justify this one.
    4) Litigation proceeds $92m . the gross margin was 33% for the half
    5) There was a large increase commitments.
    6) Fund number 9 hasnt yet commenced but will probably have higher management fees and lower performance fees.
    7) A driver for investments is coming from patent disputes



 
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