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ABL.US - Current Price

$8.61

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

Financial Charts

Revenue & Net Income

Operating Expenses

Balance Sheet Overview

Earnings Per Share (EPS)

Earnings History

Date EPS Actual EPS Estimate Difference Surprise %
Sep 30, 2025 0.07 0.27 N/A -7,407.41%
Jun 30, 2025 0.18 0.22 N/A -1,818.18%
Mar 31, 2025 0.18 0.16 N/A 1,392.41%
Dec 31, 2024 0.16 0.14 N/A 1,165.39%
Sep 30, 2024 0.20 0.13 N/A 5,384.62%
Jun 30, 2024 0.18 0.13 N/A 3,846.15%
Mar 31, 2024 -0.02 N/A N/A N/A
Dec 31, 2023 -0.10 N/A N/A N/A
Sep 30, 2023 0.01 N/A N/A N/A
Jun 30, 2023 0.13 N/A N/A N/A
Mar 31, 2023 -0.14 0.00 N/A N/A
Dec 31, 2022 -0.14 N/A N/A N/A
Sep 30, 2022 -0.26 0.00 N/A N/A
Jun 30, 2022 0.22 0.00 N/A N/A
Mar 31, 2022 0.03 0.00 N/A N/A
Dec 31, 2021 0.25 0.00 N/A N/A
Sep 30, 2021 0.25 N/A N/A N/A
Jun 30, 2021 0.25 0.00 N/A N/A
Mar 31, 2021 0.25 N/A N/A N/A
Dec 31, 2020 -0.03 0.00 N/A N/A
Sep 30, 2020 0.00 0.00 N/A N/A
Jun 30, 2020 0.00 0.00 N/A N/A

Balance Sheet (Yearly)

Date Cash Total Debt Total Assets Total Liabilities Total Equity
2024-12-31 $131.94M $N/A $874.16M $450.87M $424.15M
2023-12-31 $25.59M $N/A $331.83M $167.76M $163.93M
2022-12-31 $30.05M $N/A $59.09M $30.95M $27.25M
2021-12-31 $102.42K $N/A $1.84M $1.07M $915.05K
2020-12-31 $1.85M $N/A $3.74M $160.70K $2.08M

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Dec 20, 2024 N/A N/A N/A N/A N/A N/A
Dec 16, 2024 N/A N/A N/A N/A N/A N/A
Dec 13, 2024 N/A N/A N/A N/A N/A N/A
Dec 09, 2024 N/A N/A N/A N/A N/A N/A
Dec 06, 2024 N/A N/A N/A N/A N/A N/A
Nov 22, 2024 N/A N/A N/A N/A N/A N/A
Nov 21, 2024 N/A N/A N/A N/A N/A N/A
Nov 21, 2024 N/A N/A N/A N/A N/A N/A

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