Abacus Life Inc (ABLLW)

Financial Services | Insurance Life
Income Statement (Quarterly) 2025-09-30 2025-06-30 2025-03-31 2024-12-31
Revenue 62,975,156 56,224,620 44,139,346 33,212,009
Cost of Revenue 7,655,698 6,054,644 7,108,407 3,719,321
Gross Profit 55,319,458 50,169,976 37,030,939 29,492,688
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 28,506,198 22,194,044 14,879,786 42,749,614
Operating Expenses 32,906,280 27,650,381 16,003,975 46,254,862
Operating Income 22,413,178 22,519,595 21,026,964 -16,762,174
Interest Expense 9,738,472 8,752,145 9,618,330 5,861,740
Income Before Tax 11,768,034 21,680,900 7,733,111 -16,205,621
Income Tax Expense 4,692,686 4,069,971 2,334,085 2,803,883
Net Income 7,075,348 17,583,689 4,639,583 -18,257,233
Per Share
EPS 0.07 0.19 0.05 -0.24
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2024-12-31 2023-12-31
Revenue 111,923,786 66,401,450
Cost of Revenue 11,371,733 6,490,377
Gross Profit 100,552,053 59,911,073
Operating Expenses
R&D Expenses 0 0
SG&A Expenses 90,797,902 31,388,318
Operating Expenses 101,440,357 35,785,191
Operating Income -888,304 24,125,882
Interest Expense 18,280,000 9,866,821
Income Before Tax -19,433,299 10,503,022
Income Tax Expense 5,484,738 1,468,535
Net Income -23,961,050 9,516,626
Per Share
EPS -0.34 0.17
EPS Diluted 0.00 0.00
Balance Sheet (Quarterly) 2024-12-31 2023-12-31
Assets
Cash and Cash Equivalents 131,944,000 25,588,668
Short Term Investments 0 2,252,891
Net Receivables 26,525,635 3,236,148
Inventory 0 0
Total Current Assets 159,565,000 31,776,834
Property Plant Equipment 5,748,000 2,294,379
Goodwill and Intangibles 318,083,000 169,910,130
Total Assets 874,165,000 331,826,067
Liabilities
Account Payables 0 0
Short Term Debt 38,945,597 13,147,690
Total Current Liabilities 62,466,000 23,326,331
Long Term Debt 346,968,000 128,587,609
Total Liabilities 450,870,000 167,755,991
Shareholders Equity
Retained Earnings -57,897,000 -34,726,135
Total Shareholders Equity 424,153,000 163,931,793
Balance Sheet (Annual) 2024-12-31 2023-12-31
Assets
Cash and Cash Equivalents 131,944,000 25,588,668
Short Term Investments 0 2,252,891
Net Receivables 26,525,635 3,236,148
Inventory 0 0
Total Current Assets 159,565,000 31,776,834
Property Plant Equipment 5,748,000 2,294,379
Goodwill and Intangibles 318,083,000 169,910,130
Total Assets 874,165,000 331,826,067
Liabilities
Account Payables 0 0
Short Term Debt 38,945,597 13,147,690
Total Current Liabilities 62,466,000 23,326,331
Long Term Debt 346,968,000 128,587,609
Total Liabilities 450,870,000 167,755,991
Shareholders Equity
Retained Earnings -57,897,000 -34,726,135
Total Shareholders Equity 424,153,000 163,931,793
Cash Flow Statement (Quarterly) 2024-12-31 2023-12-31
Operating Activities
Net Income -24,918,037 9,034,487
Depreciation & Amortization 7,910,000 3,409,928
Stock Based Compensation 43,435,000 10,455,417
Change in Working Capital -195,727,000 -69,728,812
Operating Cash Flow -208,810,444 -64,523,149
Investing Activities
Capital Expenditure -805,136 -189,674
Investments -805,000 -189,674
Investing Cash Flow -4,955,000 2,241,502
Financing Activities
Debt Repayment 166,245,000 -98,422,976
Common Stock Issued/Repurchased 170,960,000 -23,843,873
Dividends Paid 0 0
Financing Cash Flow 320,121,000 57,817,492
Summary
Free Cash Flow -209,616,000 -64,712,823
Net Change in Cash 106,356,000 -4,464,155
Cash Flow Statement (Annual) 2024-12-31 2023-12-31
Operating Activities
Net Income -24,918,037 9,034,487
Depreciation & Amortization 7,910,000 3,409,928
Stock Based Compensation 43,435,000 10,455,417
Change in Working Capital -195,727,000 -69,728,812
Operating Cash Flow -208,810,444 -64,523,149
Investing Activities
Capital Expenditure -805,136 -189,674
Investments -805,000 -189,674
Investing Cash Flow -4,955,000 2,241,502
Financing Activities
Debt Repayment 166,245,000 -98,422,976
Common Stock Issued/Repurchased 170,960,000 -23,843,873
Dividends Paid 0 0
Financing Cash Flow 320,121,000 57,817,492
Summary
Free Cash Flow -209,616,000 -64,712,823
Net Change in Cash 106,356,000 -4,464,155