Abacus Global Management, Inc. financial data

Symbol
ABL, ABLLL, ABLLW on Nasdaq
Industry
Investment Advice
Location
2101 Park Center Drive, Suite 200, Orlando, FL
State of incorporation
DE
Fiscal year end
December 31
Former names
Abacus Life, Inc. (to 2/4/2025), East Resources Acquisition Co (to 7/3/2023)
Latest financial report
10-K - Q4 2024 - Mar 28, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 221 % +26%
Debt-to-equity -118 % -14.9%
Return On Equity -8.69 % -220%
Return On Assets -4.33 % -207%
Operating Margin -0.79 % -102%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 96.9M shares +52.1%
Common Stock, Shares, Outstanding 95.7M shares +51.3%
Entity Public Float 109M USD +835%
Weighted Average Number of Shares Outstanding, Basic 70.8M shares +24.2%
Weighted Average Number of Shares Outstanding, Diluted 70.8M shares +22.5%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 112M USD +68.6%
Revenue from Contract with Customer, Excluding Assessed Tax 354K USD -15.5%
Cost of Revenue 11.4M USD +75.2%
Selling and Marketing Expense 9.06M USD +84.8%
General and Administrative Expense 81.7M USD +209%
Operating Income (Loss) -888K USD -104%
Nonoperating Income (Expense) -18.5M USD -36.1%
Income Tax Expense (Benefit) 5.48M USD +273%
Net Income (Loss) Attributable to Parent -24M USD -352%
Earnings Per Share, Basic -0.34 USD/shares -300%
Earnings Per Share, Diluted -0.34 USD/shares -313%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 132M USD +416%
Assets, Current 160M USD +402%
Property, Plant and Equipment, Net 1.03M USD +156%
Operating Lease, Right-of-Use Asset 4.72M USD +149%
Intangible Assets, Net (Excluding Goodwill) 79.8M USD +169%
Goodwill 238M USD +69.9%
Other Assets, Noncurrent 1.85M USD +85.4%
Assets 874M USD +163%
Accounts Payable, Current 0 USD -100%
Accrued Liabilities, Current 6.14M USD +41%
Contract with Customer, Liability, Current 2.47M USD +388%
Liabilities, Current 62.5M USD +168%
Deferred Income Tax Liabilities, Net 26.8M USD +191%
Operating Lease, Liability, Noncurrent 4.58M USD +155%
Liabilities 451M USD +169%
Accumulated Other Comprehensive Income (Loss), Net of Tax 0 USD -100%
Retained Earnings (Accumulated Deficit) -57.9M USD -66.7%
Stockholders' Equity Attributable to Parent -19.5M USD -3.51%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 423M USD +158%
Liabilities and Equity 874M USD +163%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 2.27M USD
Net Cash Provided by (Used in) Financing Activities 37.5M USD +366%
Net Cash Provided by (Used in) Investing Activities -6.63K USD +99.3%
Common Stock, Shares Authorized 200M shares 0%
Common Stock, Shares, Issued 96.7M shares +52.6%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 39.8M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 132M USD +416%
Interest Paid, Excluding Capitalized Interest, Operating Activities 1.69M USD
Deferred Tax Assets, Valuation Allowance 254K USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 10.7M USD +87.1%
Operating Lease, Liability 5.1M USD +166%
Depreciation 162K USD +157%
Payments to Acquire Property, Plant, and Equipment 162K USD
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -24.1M USD -380%
Lessee, Operating Lease, Liability, to be Paid 7.06M USD +169%
Property, Plant and Equipment, Gross 1.26M USD +167%
Operating Lease, Liability, Current 516K USD +337%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.01M USD +114%
Lessee, Operating Lease, Liability, to be Paid, Year One 981K USD +731%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure 0%
Deferred Income Tax Expense (Benefit) 456K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.96M USD +178%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.04M USD +114%
Deferred Tax Assets, Operating Loss Carryforwards 522K USD +2330%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.07M USD +114%
Operating Lease, Payments 85.3K USD +595%
Additional Paid in Capital 494M USD +147%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 7.71M USD +129%
Depreciation, Depletion and Amortization 7.91M USD +132%
Deferred Tax Assets, Net of Valuation Allowance 10.4M USD +82.7%
Share-based Payment Arrangement, Expense 4.58M USD
Interest Expense 13.2M USD +927%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%