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Sector: Financial servicesIndustry: Insurance - life

Abacus Life Inc - Class A

NASDAQ: ABLhttps://abacusgm.com

Current Price

Analyst Sentiment

5 ratings: Buy

Strong Buy
2
Buy
3
Hold
0
Sell
0
Strong Sell
0

Abacus Life, Inc. is a prominent alternative asset manager headquartered in Orlando, Florida, strategically specializing in the structured settlement and life insurance markets. The company is at the forefront of innovat...|

Overview

Market Cap$628.55M
52W High / Low$9 / $4
P/E128.60
PEGN/A
Book Value$4.45
Dividend/ShareN/A
Dividend YieldN/A
EPS$0.05
Revenue/Share$2.13
OPM35.60%
NPM5.62%
ROA4.93%
ROE3.18%
Gross Profit$172.01M
Forward PE10.57
Price to Sales3.20
Price to Book1.49
EV to Sales4.99
EV to EBITDA12.91
Beta-0.04
50D Moving Avg$5.89
200D Moving Avg$6.62
Institutional Holding30.83%
Insider Holding61.69%
Trailing P/E128.60
Qtr EPS Growth17.00%
Qtr Revenue Growth1.24%

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Earnings Estimates

Analyst consensus EPS and Revenue forecasts.

Metric (B)FY 2024FY 2025FY 2026
EPS Estimate (avg)
$0.63$0.84$0.99
Revenue Estimate (avg)
0.110.220.26
EPS Revision (30d avg)
+1.2%+6.0%+0.8%

Peer Comparison

Showing 5 peers (Same Industry)
S.No.NameSymbolMarket CapP/EP/BProfit MarginOp. MarginROERev. Growth
1.Atlantic American CorpAAME$61.60M30.200.491.27%9.02%2.45%16.00%
2.Citizens Inc - Class ACIA$267.58M25.331.204.40%7.13%5.02%1.70%
3.Aflac IncAFL$58.21B14.302.0023.50%43.30%15.60%60.70%
4.Manulife Financial CorpMFC$58.87B15.741.8518.50%25.30%11.80%6.80%
5.Metlife IncMET$50.72B14.361.745.34%7.01%12.80%-5.90%

Quarterly Results

Consolidated Figures in Millions / View Standalone.

Quarter (M)Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25
Sales
23.721.4929.0828.1533.2144.1456.2262.98
Expenses
20.0416.5119.5619.1146.251627.6532.91
Operating Profit
-0.893.576.94-1.32-10.3417.3530.4321.51
OPM %
-3.76%16.61%23.87%-4.69%-31.14%39.31%54.13%34.15%
Other Income
00000000
Interest
-5.72-3.25-3.89-3.61-5.13-8.44-7.74-8.93
Depreciation
1.711.681.751.752.734.765.184.4
Profit Before Tax
-7.13-0.12.41-5.54-16.217.7321.6811.77
Tax %
10.8%-1170%73.03%4.51%-17.27%30.14%18.77%39.85%
Net Profit
-6.22-1.350.77-5.13-18.264.6417.587.08
EPS
00000000

Profit & Loss

Consolidated Figures in Millions / View Standalone.

Period (M)Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales
27.3722.5925.266.4111.92
COGS
0.5114.2116.566.4911.37
Gross Profit
27.378.398.6459.91100.55
Gross Profit %
100%37.14%34.29%90.23%89.84%
Operating Exp
25.9321.5925.2535.79101.44
EBITDA
-18.681.0334.3723.786.76
Other Income
00000
Interest
0.020.01-0.01-9.27-15.88
Depreciation
0.020.68-0.433.417.91
Profit Before Tax
1.441-0.0510.5-19.43
Tax Rate %
0%0%-1780%14%-28.2%
Net Profit
1.441-0.059.52-23.96

Balance Sheet

Consolidated Figures in Millions / View Standalone.

Period (M)Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash & Bank
1.850.130.0525.59131.94
Investments
00.920.26129.1375.54
Fixed Assets
00.150.100
Current Assets
-0.020.943.233.9427.62
Other Assets
1.91-0.2625.45173.2339.06
Total Assets
3.741.8459.09331.83874.16
Equity Capital
00.050.010.010.01
Reserves
2.080.8727.25163.93424.14
Borrowing/Debt
0.151.0528.33141.74385.91
Current Liabilities
0.010.390.0815.1921.05
Other Liabilities
0-0.372.5410.8343.91
Total Liabilities & Equity
2.241.9958.2331.69875.02

Cash Flow Statement

Consolidated Figures in Millions / View Standalone.

Period (M)Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash Flow from Operating
0.651.3410.69-64.52-208.81
Cash Flow from Investing
-1.25-0.24-3.72.24-4.96
Cash Flow from Financing
0.7-0.3522.9657.82320.12
Net Cash Flow
00000