Stock Fundamentals

Company Information

Company Name
Abacus Life Inc.
Sector
Financial Services
Industry
Insurance - Life
Exchange
NASDAQ
ISIN: US00258Y1047
CIK: 0001814287
CUSIP: 00258Y104
Currency: USD
Full Time Employees: 157
Phone: 800 561 4148
Fiscal Year End: December
IPO Date: Sep 14, 2020
Description:

Abacus Global Management, Inc. operates as an alternative asset manager and market maker in the United States. It operates in five segments: Active Management, Originations, Asset Management, Portfolio Servicing, and Technology Services. The Active Management segment is involved in the buying, selling, and trading of policies; and the maintenance of policies until receipt of death benefits. Its Originations segment originates life insurance policy settlements between investors or buyers, and the sellers, who are often the original policy owners. The Asset Management segment provides asset management services to investors investing in alternative investment and equity portfolio funds based on fund investment agreements. Its Portfolio Servicing segment offers policy services to customers on a contract basis. The Technology Services segment provides real-time mortality verification, missing participant verification, and other services specific to the life insurance market services to customers on a contract basis. It sells its products through financial advisors or agents, direct-to-consumer, and traditional life settlements intermediaries. The company was formerly known as Abacus Life, Inc. and changed its name to Abacus Global Management, Inc. in February 2025. Abacus Global Management, Inc. was founded in 2004 and is headquartered in Orlando, Florida.

Address:

2101 Park Center Drive, Orlando, FL, United States, 32835

Directors & Officers

Name Title Year Born
Mr. Jay J. Jackson CEO, President & Chairman 1972
Mr. Todd McNealy Co-Founder, President & Director 1966
Mr. William Hugh McCauley Jr. Chief Financial Officer 1972
Mr. Matthew A. Ganovsky Co-Founder, President & Managing Partner 1965
Mr. Kevin Scott Kirby Co-Founder, President & Managing Partner 1967
Ms. Cassie Schaelling Vice President of Operations NA
Mr. Robert F. Phillips Senior VP of Investor Relations & Corporate Affairs NA
Mr. Christopher David Romaine General Counsel 1972
Mr. Ralph Anthony Milne Chief Compliance Officer NA
Mr. Jeff Smith Vice President of Marketing NA

Shares Statistics

Shares Outstanding: 97.75M
Shares Float: 32.63M
% Insiders: 6,169.10%
% Institutions: 3,085.80%
Short % Float: 49.18%

Valuation Metrics

Enterprise Value: $1.13B
Trailing P/E: 169.40
Forward P/E: 10.57

Financial Highlights

Market Cap: $827.97M
EBITDA: $72.09M
P/E Ratio: $169.40
Book Value: $4.45
Dividend/Share: $0.00
Dividend Yield: 0.00%
Earnings/Share: $0.05
Profit Margin: 5.62%
Operating Margin: 35.59%
ROA (TTM): 4.93%
ROE (TTM): 3.18%
Revenue (TTM): $196.55M
Revenue/Share (TTM): $2.13
Earnings Growth (YOY): 1,700.20%
Revenue Growth (YOY): 123.70%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Download Financials (Excel)

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Earnings Per Share (EPS) History

Financial Ratios (Yearly)

Financial Ratios (Quarterly)

Earnings History

Balance Sheet (Yearly)

Financial Ratios

Date Current Ratio Debt/Equity Debt/Assets Interest Coverage Debt/EBITDA
2024-12-31 2.55x 0.90x 0.52x -0.05x 56.44x
2023-12-31 1.36x 0.85x 0.51x 2.45x 5.88x
2022-12-31 25.55x 1.04x 0.52x -5.01x 0.82x
2021-12-31 0.20x 1.07x 0.58x N/A 0.95x
2020-12-31 12.37x 0.07x 0.04x N/A -0.01x

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Dec 20, 2024 Sean Mcnealy N/A Sale 75.80K $8.00 $606.40K
Dec 16, 2024 Adam Samuel Gusky N/A Purchase 7.00K $7.72 $54.04K
Dec 13, 2024 Adam Samuel Gusky N/A Purchase 3.00K $7.85 $23.55K
Dec 09, 2024 Adam Samuel Gusky N/A Purchase 6.00K $7.94 $47.64K
Dec 06, 2024 Adam Samuel Gusky N/A Purchase 2.13K $7.93 $16.86K
Nov 22, 2024 Adam Samuel Gusky N/A Purchase 18.24K $7.54 $137.54K
Nov 21, 2024 Jay J Jackson N/A Sale 2.03M $8.00 $16.25M
Nov 21, 2024 Matthew Ganovsky N/A Sale 156.25K $8.00 $1.25M

📦 Raw API Data (JSON Explorer)

Watchlist

0

No stocks in watchlist

Assistant

×
Hello! I'm your AI assistant. I have access to the financial data on this page. Ask me anything about ABL.US!