LCA FY18, page-9

ReXXar I think you are making an error somewhere in your calculations.
Where are you getting your numbers from? If you check the prospectus section 4.8.

"LCM received an aggregate amount of $23.6 million in respect of the above Litigation Projects, on Invested Capital of $10.3 million, achieving a Return on Invested Capital of 2.3 times across this portfolio of Litigation Projects, with an average time to Completion of 26 months.

(b) Fund 2 performance
Fund 2 commenced in March 2012 and the last Litigation Project in Fund 2 completed in June 2016. In aggregate a total of $1.75 million was contributed by Unitholders and a total of $5.21 million was returned to Unitholders."

For what its worth this lines up with other listed players including IMF, Burford etc.