MSP Recovery Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	1.82	12.33	11.63	3.66	1.66	11.88
Cash & Short-Term Investments	1.82	12.33	11.63	3.66	1.66	11.88
Cash Growth	-61.63%	5.97%	217.75%	120.01%	-85.99%	-
Accounts Receivable	0.3	0.3	0.22	6.2	-	-
Other Receivables	1.06	1	0.99	2.23	3.92	4.87
Receivables	1.36	1.3	8.91	35.32	3.92	4.87
Prepaid Expenses	1.34	1.65	1.21	0.76	13.3	0.05
Restricted Cash	-	-	-	11.42	-	-
Other Current Assets	0.2	0.2	0.2	0.2	0.15	-
Total Current Assets	4.72	15.47	21.95	51.36	19.04	16.8
Property, Plant & Equipment	5.11	5.39	5.25	3.43	0.75	0.61
Other Intangible Assets	1,542	1,898	3,133	3,363	84.22	0.43
Total Assets	1,552	1,919	3,160	3,418	104.01	17.84
Accounts Payable	12.13	13.97	6.24	8.42	4.61	0.4
Accrued Expenses	17.73	34.64	0.82	0.55	0.47	0.45
Current Portion of Long-Term Debt	512.62	31.2	-	-	-	-
Current Unearned Revenue	-	-	-	-	0.25	0.25
Other Current Liabilities	56.96	1,186	39.44	106.75	48.74	41.03
Total Current Liabilities	712.22	1,265	46.51	115.72	54.06	42.13
Long-Term Debt	266.4	763.35	678.99	324.25	106.81	-
Long-Term Leases	-	0.1	0.24	-	-	-
Other Long-Term Liabilities	1,418	18.72	1,015	792.52	94.55	91.57
Total Liabilities	2,397	2,047	1,741	1,232	255.41	133.69
Common Stock	-	-	-	0.01	-155.76	-120.18
Additional Paid-In Capital	314.79	546.64	357.94	137.07	-	-
Retained Earnings	-878.63	-446.05	-85.55	-29.2	-	-
Total Common Equity	-563.84	100.59	272.39	107.88	-155.76	-120.18
Minority Interest	-280.55	-228.99	1,147	2,078	4.35	4.33
Shareholders' Equity	-844.39	-128.41	1,419	2,185	-151.41	-115.85
Total Liabilities & Equity	1,552	1,919	3,160	3,418	104.01	17.84
Total Debt	891.81	794.66	679.22	324.25	106.81	-
Net Cash (Debt)	-889.99	-782.33	-667.59	-320.59	-105.14	11.88
Net Cash Per Share	-1297.56	-5467.96	-13104.84	-22686.79	-	-
Filing Date Shares Outstanding	13.77	0.7	0.09	0.08	-	-
Total Common Shares Outstanding	2.99	0.31	0.08	0.02	-	-
Working Capital	-707.5	-1,250	-24.56	-64.36	-35.03	-25.32
Book Value Per Share	-188.37	322.25	3251.64	6423.66	-	-
Tangible Book Value	-2,106	-1,798	-2,860	-3,255	-239.97	-120.61
Tangible Book Value Per Share	-703.63	-5759.13	-34145.95	-193835.72	-	-
Machinery	-	0.46	0.43	0.43	0.36	0.31
Leasehold Improvements	-	0.7	0.11	0.11	0.11	0.11

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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