ABL
Income statement / Annual
Last year (2023), Abacus Life, Inc.'s total revenue was $66.40 M,
an increase of 48.50% from the previous year.
In 2023, Abacus Life, Inc.'s net income was $9.52 M.
See Abacus Life, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
| Operating Revenue |
$66.40 M
|
$44.71 M
|
$22.59 M
|
$27.37 M
|
| Cost of Revenue |
$6.49 M |
$5.88 M |
$14.21 M |
$514,669.00 |
| Gross Profit |
$59.91 M |
$38.83 M |
$8.39 M |
$26.86 M |
| Gross Profit Ratio |
0.9 |
0.87 |
0.37 |
0.98 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$26.48 M
|
$1.43 M
|
$7.44 M
|
$6.45 M
|
| Selling & Marketing
Expenses |
$4.91 M
|
$2.60 M
|
$0.00
|
$1,180.00
|
| Selling, General &
Administrative Expenses |
$31.39 M
|
$4.02 M
|
$7.44 M
|
$6.45 M
|
| Other Expenses |
$4.40 M |
-$437,732.00 |
$50,000.00 |
-$52.51 M |
| Operating Expenses |
$35.79 M |
$4.03 M |
$7.45 M |
-$46.07 M |
| Cost And Expenses |
$42.28 M |
$9.91 M |
$21.66 M |
$25.93 M |
| Interest Income |
$594,764.00 |
$1,474.00 |
$11,500.00 |
$18,426.00 |
| Interest Expense |
$9.87 M |
$42,798.00 |
$0.00 |
$0.00 |
| Depreciation &
Amortization |
$3.41 M
|
$11.72 M
|
$1.38 M
|
$476,742.00
|
| EBITDA |
$28.52 M
|
$34.81 M
|
$1.03 M
|
$0.00
|
| EBITDA Ratio |
0.43 |
0.77 |
0.05 |
-0.68 |
| Operating Income Ratio
|
0.36
|
0.75
|
0.04
|
-0.68
|
| Total Other
Income/Expenses Net |
-$13.62 M
|
-$388,337.00
|
$61,500.00
|
$1.92 M
|
| Income Before Tax |
$10.50 M |
$33.28 M |
$998,615.00 |
$1.44 M |
| Income Before Tax Ratio
|
0.16
|
0.74
|
0.04
|
0.05
|
| Income Tax Expense |
$1.47 M |
$889,943.00 |
$1,200.00 |
$1,563.00 |
| Net Income |
$9.52 M |
$31.68 M |
$997,415.00 |
$1.44 M |
| Net Income Ratio |
0.14 |
0.71 |
0.04 |
0.05 |
| EPS |
0.17 |
0.63 |
0.0198 |
0.0286 |
| EPS Diluted |
0.16 |
0.63 |
0.0198 |
0.0286 |
| Weighted Average Shares
Out |
$56.95 M
|
$50.37 M
|
$50.37 M
|
$50.37 M
|
| Weighted Average Shares
Out Diluted |
$57.77 M
|
$50.37 M
|
$50.37 M
|
$50.37 M
|
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