Omni Bridgeway Ltd (FRA:MXG1)
€ 0.665 0.035 (5.56%) Market Cap: 188.61 Mil Enterprise Value: 272.23 Mil PE Ratio: 0 PB Ratio: 0.99 GF Score: 43/100
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Half Year 2021 Omni Bridgeway Ltd Earnings Call Transcript

Feb 26, 2021 / NTS GMT
Release Date Price: €2.38 (-2.46%)
Operator

Thank you for standing by, and welcome to the Omni Bridgeway Limited Half Year Results 2021 Conference Call. (Operator Instructions)

I would now like to hand the conference over to Mr. Andrew Saker, Managing Director and CEO. Please go ahead.

Andrew Saker
Omni Bridgeway Limited - MD, CEO & Director

Thank you, Ashley. Good morning, ladies and gentlemen. My name is Andrew Saker. I'm the Managing Director and CEO of Omni Bridgeway. The purpose of today's call is to present our results for the period ended December 31, 2020. Joining me on today's call is Stuart Mitchell, our Group CFO; and Jeremy Sambrook, our Group GC and Company Secretary.

To some extent, this half's performance is typical of litigation funding as a business. There will be periods, when measured in 6-month increments, where there are few completions or where there are some unexpected losses, or as in this case, where there are both. These are short-term phenomena and not reflective of the long-term model.

There is no doubt COVID has affected our business. Whilst we

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