LIT

Litigation Capital Management Limited

Financial Services First-pass screen £5.25m

140/1000 Overall fit

AI beneficiary 35% 0

Operating leverage 25% 25

Valuation 25% 20

Downside protection 15% 15

First-pass take

Litigation Capital Management is a disputes finance company with zero AI exposure. Severe financial distress: A$72.9m loss, net debt surged to A$68.9m, NAV fell 40% in one year, going concern warning, covenant breach risk. Not a candidate.

Flags

loss-makinggoing-concernhigh-leveragebinary-riskno-ai-exposurescandal-hitstrategic-review