NASDAQ$MSPR

Msp Recovery Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Announced financial results for the second quarter ended June 30, 2022.

MSP Recovery reported a revenue of $5.3 million, a net loss of $77.1 million, and substantial growth of assets from $104 million at December 31, 2021 to $6.6 billion at June 30, 2022.

  • Total revenue for the second quarter of 2022 was $5.3 million, up 57% from the second quarter of 2021.
  • Operating loss for the second quarter of 2022 was $52.2 million, compared with $1.5 million for the second quarter of 2021.
  • Net loss for the second quarter of 2022 was $77.1 million, or net loss per share of $0.09 per share.
  • As of June 30, 2022, cash and cash equivalents were $25.0 million.

Headline financials

Total Revenue

$335K

No prior period
EPS (adj)

-$14.50

No prior period
Paid Value of Recoverable Claims

$88.3B

No prior period
Capital Expenditures

-$315K

No prior period
Free Cash Flow

-$61.2M

No prior period
Net Income

-$1.29M

No prior period
Operating Income

-$52.2M

No prior period
Gross Profit

$335K

No prior period
Cash & Equivalents

$25M

No prior period

Revenue & EPS history

MSP Recovery · Revenue · Quarterly

$335K

Q2 2022
Beat estimate in 0 of 1 quarters(0%)
ActualEstimate

Forward guidance

MSP Recovery is providing guidance for its full year 2022 as follows: Total Gross Recoveries is expected to be approximately $992 million.

Tailwinds

  • Portfolio 2022 Guidance: Exceeded target for 2022 for growth in paid value of potentially recoverable claims by 3.2 times.

Headwinds

  • The guidance provided is an estimate based on management’s knowledge.
  • The nature of the Company’s business and the timing and amount of recoveries, can, depending on various factors, be unpredictable and the Company cannot provide assurances in that regard.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 15 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

-6.8%

Avg return

Earnings day

-12.6%

Avg return

5 days after

-11.0%

Avg return

30 days after

20%

3 / 15 earnings

Positive

+10.6%

Q4 2025

Best reaction

-31.6%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+10.6%+0.0%-17.1%
Q3 2025-9.3%-18.7%-55.6%
Q2 2025-3.4%-26.7%-58.8%
Q1 2025-7.9%-16.2%-14.9%
Q4 2024-1.0%+4.0%-26.0%
Q3 2024-31.6%-31.4%-27.3%
Q2 2024-5.8%-12.8%-47.2%
Q1 2024-2.4%-12.9%-24.5%
Q4 2023-18.7%-16.8%-30.7%
Q3 2023+6.2%+4.5%-60.3%
Q2 2023+1.4%+2.8%+202.8%
Q1 2023-14.1%-32.1%+43.5%
Q4 2022-11.1%-28.9%-31.1%
Q3 2022-5.6%-14.4%-10.4%
Q2 2022-9.3%+10.5%-6.8%

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