MSP Recovery, Inc.

LIFW

LIFWMSP Recovery, Inc. US flag

NASDAQ Global Market

3.24

USD

- -

22.36MMarket Cap

Income Statement (USD)

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	2020 Y	2021 Y	2022 Y	2023 Y
Sales/Revenue/Turnover	14	15	23	8
+ Sales & Services Revenue	14	15	23	8
- Cost of Revenue	- -	- -	2	2
+ Cost of Goods & Services	- -	- -	2	2
Gross Profit	14	15	21	6
+ Other Operating Income	- -	- -	- -	- -
- Operating Expenses	17	22	353	565
+ Selling, General & Admin	17	21	85	84
+ Research & Development	- -	- -	- -	- -
+ Other Operating Expense	- -	1	267	482
Operating Income (Loss)	-3	-7	-331	-560
- Non-Operating (Income) Loss	21	26	70	275
+ Interest Expense, Net	21	27	121	289
+ Interest Expense	21	27	121	289
- Interest Income	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	- -	-1	-51	-14
Pretax Income	-24	-33	-402	-835
- Income Tax Expense (Benefit)	- -	- -	- -	- -
- (Income) Loss from Affiliates	- -	- -	- -	- -
Income (Loss) from Cont Ops	-24	-33	-402	-835
- Net Extraordinary Losses (Gains)	- -	- -	-789	-1,558
+ Discontinued Operations	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	-789	-1,558
Income (Loss) Incl. MI	-24	-33	387	722
- Minority Interest	- -	- -	394	779
Net Income, GAAP	-24	-33	-7	-56
- Preferred Dividends	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-24	-33	-7	-56
EBIT	-3	-7	-331	-560
EBITDA	-3	-7	-331	-560
EBITDA Margin (%)	-22.28	-46.68	-1,413.55	-7,262.91
EBITA	-3	-7	-331	-560
Gross Margin (%)	99.66	99.82	91.23	72.16
Operating Margin (%)	-23.97	-49.02	-1,415.36	-7,266.32
Profit Margin (%)	-174.61	-226.26	-31.67	-731.32
Sales per Employee	- -	- -	- -	- -
Dividend per Share	- -	194.49	- -	- -
Depreciation Expense	- -	- -	- -	- -
Basic Weighted Avg Shares	- -	- -	- -	- -
Basic EPS, GAAP	-1,739.58	-2,374.13	-74.98	-158.02
Basic EPS from Cont Ops	-1,740.87	-2,372.98	-4,062.93	-2,342.03
Diluted Weighted Avg Shares	- -	- -	- -	- -
Diluted EPS, GAAP	-1,739.58	-2,374.13	-74.98	-158.02
Diluted EPS from Cont Ops	-1,740.87	-2,372.98	-4,062.93	-2,342.03

Balance Sheet (USD)

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	2020 Y	2021 Y	2022 Y	2023 Y
Total Current Assets	17	19	51	22
+ Cash, Cash Equivalents & STI	12	2	4	12
+ Cash & Cash Equivalents	12	2	4	12
+ ST Investments	- -	- -	- -	- -
+ Accounts & Notes Receiv	5	4	9	1
+ Accounts Receivable, Net	- -	- -	6	- -
+ Notes Receivable, Net	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -
+ Other Receivable, Net	5	4	2	1
+ Inventories	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -
+ Other ST Assets	- -	13	39	9
+ Misc ST Assets	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -
Total Noncurrent Assets	1	85	3,367	3,138
+ Property, Plant & Equip, Net	1	1	3	5
+ Property, Plant & Equip	1	2	5	7
- Accumulated Depreciation	- -	1	1	1
+ LT Investments & Receivables	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -
+ Other LT Assets	- -	84	3,363	3,133
+ Total Intangible Assets	- -	84	3,363	3,133
+ Goodwill	- -	- -	- -	- -
+ Other Intangible Assets	- -	84	3,363	3,133
+ LT Deferred Tax Assets	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -
+ Misc LT Assets	- -	- -	- -	- -
Total Assets	18	104	3,418	3,160
+ Payables & Accruals	40	50	29	27
+ Accounts Payable	- -	5	8	6
+ Accrued Taxes	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -
+ Other Payables & Accruals	39	46	20	21
+ ST Debt	- -	- -	- -	- -
+ ST Borrowings	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -
+ Other ST Liabilities	2	4	87	20
+ Deferred Revenue	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -
+ Misc ST Liabilities	2	3	87	20
Total Current Liabilities	42	54	116	47
+ LT Debt	24	107	324	679
+ LT Borrowings	24	107	324	679
+ LT Finance Leases	24	107	- -	- -
+ Other LT Liabilities	68	95	791	1,015
+ Accrued Liabilities	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	788	- -
+ Deferred Revenue	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -
+ Misc LT Liabilities	68	95	3	1,015
Total Noncurrent Liabilities	92	201	1,115	1,694
Total Liabilities	134	255	1,231	1,741
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -
+ Share Capital & APIC	- -	- -	139	358
+ Common Stock	- -	- -	2	- -
+ Additional Paid in Capital	- -	- -	137	358
- Treasury Stock	- -	- -	- -	- -
+ Retained Earnings	- -	- -	-29	-86
+ Other Equity	- -	- -	- -	- -
Equity Before Minority Interest	-120	-156	110	272
+ Minority/Non Controlling Interest	4	4	2,078	1,147
Total Equity	-116	-151	2,187	1,419
Total Liabilities & Equity	18	104	3,418	3,160
Shares Outstanding	- -	- -	- -	1
Number of Employees	- -	- -	- -	- -
Capital Leases - Total	24	107	- -	- -
Net Debt	12	105	321	667
Net Debt to Equity	-10.5	-69.44	14.66	47.03
Tangible Common Equity Ratio	-667.63	-1,190.75	-2,146.2	-6,300.48
Current Ratio	0.4	0.35	0.44	0.47
Cash Conversion Cycle	- -	-35,145.29	-1,109.54	-1,095.93

Cash Flow Statement (USD)

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	2020 Y	2021 Y	2022 Y	2023 Y
+ Net Income	-24	-33	-402	-835
+ Depreciation & Amortization	- -	- -	- -	- -
+ Non-Cash Items	21	26	381	761
+ Stock-Based Compensation	- -	- -	20	1
+ Deferred Income Taxes	- -	- -	-1	- -
+ Asset Impairment Charge	- -	- -	- -	- -
+ Other Non-Cash Adj	21	26	361	760
+ Chg in Non-Cash Work Cap	3	9	-60	34
+ (Inc) Dec in Accts Receiv	-3	1	-5	2
+ (Inc) Dec in Inventories	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	-28	19
+ Inc (Dec) in Accts Payable	6	8	-28	14
+ Inc (Dec) in Other	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -
Cash from Operating Activities	- -	2	-81	-40
+ Change in Fixed & Intang	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	-1	-6	-2
+ Acq of Fixed Prod Assets	- -	- -	-3	-2
+ Acq of Intangible Assets	- -	- -	-3	-1
+ Cash (Repurchase) of Equity	- -	- -	9	-11
+ Increase in Capital Stock	- -	- -	9	- -
+ Decrease in Capital Stock	- -	- -	- -	-11
+ Net Change in LT Investment	1	-1	- -	- -
+ Dec in LT Investment	3	4	- -	- -
+ Inc in LT Investment	-1	-6	- -	- -
+ Net Cash From Acq & Div	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	10
+ Net Cash From Disc Ops	- -	- -	- -	- -
Cash from Investing Activities	1	-2	-6	8
+ Dividends Paid	- -	-3	- -	- -
+ Net Cash From Debt	1	- -	126	41
+ Cash From Debt	1	- -	126	44
+ Repayments of Debt	- -	- -	- -	-3
+ Other Financing Activities	9	-8	-35	-1
+ Net Cash From Disc Ops	- -	- -	- -	- -
Cash from Financing Activities	10	-10	100	29
Effect of Foreign Exchange Rates	- -	- -	- -	- -
Net Changes in Cash	11	-10	13	-3
EBITDA	-3	-7	-331	-560
EBITDA Margin (%)	-22.28	-46.68	-1,413.55	-7,262.91
Free Cash Flow	- -	2	-86	-42
Net Cash Paid for Acquisitions	- -	- -	- -	- -
Free Cash Flow to Firm	- -	- -	- -	- -
Free Cash Flow to Equity	- -	2	42	- -
Free Cash Flow per Basic Share	-24.68	116.08	-872.6	-119.09
Price/Free Cash Flow	277.9	30.13	-1.32	-0.54
Cash Flow to Net Income	- -	-0.07	10.87	0.71
Capital Expenditures	- -	-1	-6	-2