Abacus Life, Inc. (ABL) Financials

$6.94

$0.08 (1.17%)
Last update: 04:00 PM EST
Day's range
$6.64
Day's range
$6.98

ABL Income statement / Annual

Last year (2024), Abacus Global Management, Inc.'s total revenue was $111.92 M, an increase of 68.56% from the previous year. In 2024, Abacus Global Management, Inc.'s net income was -$23.96 M. See Abacus Global Management, Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020
Period Ended 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020
Operating Revenue $111.92 M $66.40 M $44.71 M $22.59 M $1.22 M
Cost of Revenue $11.37 M $6.49 M $5.88 M $14.21 M $514.67 K
Gross Profit $100.55 M $59.91 M $38.83 M $8.39 M $710.01 K
Gross Profit Ratio 0.9 0.9 0.87 0.37 0.58
Research and Development Expenses $0.00 $0.00 $0.00 $0.00 $0.00
General & Administrative Expenses $81.73 M $26.48 M $1.43 M $7.44 M $46.81 K
Selling & Marketing Expenses $9.06 M $4.91 M $2.60 M $0.00 $1.18 K
Selling, General & Administrative Expenses $90.80 M $31.39 M $4.02 M $7.44 M $47.99 K
Other Expenses $10.64 M $4.40 M $1.14 M $10.14 K -$689.33 K
Operating Expenses $101.44 M $35.79 M $5.16 M $7.45 M -$641.33 K
Cost And Expenses $112.81 M $42.28 M $11.05 M $21.66 M -$126.66 K
Interest Income $2.40 M $594.76 K $1.47 K $11.50 K $18.43 K
Interest Expense $18.28 M $9.87 M $42.80 K $0.00 $0.00
Depreciation & Amortization $7.91 M $3.41 M $4.28 K $31.24 K $0.00
EBITDA $6.76 M $23.78 M $34.81 M $1.03 M $662.02 K
EBITDA Ratio 0.06 0.36 0.78 0.05 0.54
Operating Income Ratio -0.01 0.36 0.75 0.04 1.1
Total Other Income/Expenses Net -$18.54 M -$13.62 M -$388.34 K $61.50 K -$689.33 K
Income Before Tax -$19.43 M $10.50 M $33.28 M $998.62 K $662.02 K
Income Before Tax Ratio -0.17 0.16 0.74 0.04 0.54
Income Tax Expense $5.48 M $1.47 M $889.94 K $1.20 K $1.56 K
Net Income -$23.96 M $9.52 M $31.68 M $997.42 K $662.02 K
Net Income Ratio -0.21 0.14 0.71 0.04 0.54
EPS -0.34 0.17 0.63 0.0198 0.0286
EPS Diluted -0.34 0.16 0.63 0.0198 0.0286
Weighted Average Shares Out $70.76 M $56.95 M $50.37 M $50.37 M $50.37 M
Weighted Average Shares Out Diluted $70.76 M $57.77 M $50.37 M $50.37 M $50.37 M
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