← Abacus Global Management, Inc.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | — | $62 |
$44.7m
+72118532.26%
|
$66.4m
+48.50%
|
$111.9m
+68.56%
|
$235.2m
+110.18%
|
$267.3m
+13.62%
|
|
| Insurance Services Revenue | — | — | — | $61.2m | $102.8m | — | — | |
| Cost of Goods and Services Sold | — | — | $5.9m |
$6.5m
+10.29%
|
$11.4m
+75.21%
|
$28.9m
+153.77%
|
$31.1m
+7.65%
|
|
| Cost of revenue (including stock-based compensation) | — | — | $5.9m |
$6.5m
+10.29%
|
$11.4m
+75.21%
|
$28.9m
+153.77%
|
$31.1m
+7.65%
|
|
| Gross Profit | — | — | $38.8m |
$59.9m
+54.30%
|
$100.6m
+67.84%
|
$206.4m
+105.25%
|
$236.2m
+14.46%
|
|
| Selling and Marketing Expense | — | — | — | $4.9m | $9.1m | $14.6m | $134.6m | |
| Sales and marketing | — | — | $2.6m | $4.9m | $9.1m | $14.6m | — | |
| General and Administrative Expense | — | — | $1.4m | $26.5m | $81.7m | $87.8m | $115.4m | |
| Amortization of Intangible Assets | — | — | — | $3.4m | $7.7m | $17.3m | — | |
| Operating Expenses | — | — | $5.2m | $35.8m | $101.4m | $117.6m | $151.2m | |
| Operating Income (Loss) | — | — | $33.7m |
$24.1m
-28.34%
|
($888k)
-103.68%
|
$88.8m
+10091.78%
|
$85.0m
-4.21%
|
|
| Interest Income Operating Paid In Kind | — | — | — | — | — | $385k | $3.0m | |
| Interest Income, Other | — | $62 | $10k | — | — | — | $3.0m | |
| Investment Income, Interest | — | — | — | $595k | $2.4m | $3.9m | — | |
| Interest income | — | — | $1k | $595k | $2.4m | $3.9m | $3.0m | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | $0 | $2.3m | $0 | — | |
| Fair Value, Option, Changes in Fair Value, Gain (Loss) | — | — | $91k | ($2.4m) | ($4.8m) | ($3.4m) | — | |
| Other Nonoperating Income (Expense) | — | — | — | ($146k) | $38k | $626k | — | |
| Nonoperating Income (Expense) | — | $17.2m | $11.1m | ($13.6m) | ($18.5m) | ($36.0m) | — | |
| Other income, net | — | — | ($347k) | ($146k) | $38k | $626k | ($3.5m) | |
| Interest Expense (non-operating) | — | — | — | $9.9m | $18.3m | $38.8m | $39.2m | |
| Total other expense | — | $17.2m | $11.1m | ($13.6m) | ($18.5m) | ($36.0m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | ($591k) | $482k | $957k | $787k | $45.4m | |
| Current Income Tax Expense (Benefit) | — | — | $52k | $902k | ($515k) | $14.6m | $17.2m | |
| Net income (loss) before provision for income taxes | — | — | $33.3m | $10.5m | ($19.4m) | $52.7m | $28.2m | |
| Income Tax Expense (Benefit) | — | — | $52k | $1.5m | $5.5m | $15.4m | $17.2m | |
| Net Income (Loss) Attributable to Parent | — | $15.8m |
($644k)
-104.06%
|
$9.5m
+1578.74%
|
($24.0m)
-351.78%
|
$36.5m
+252.44%
|
$28.2m
-22.81%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | $705k | ($482k) | ($957k) | $787k | $28.2m | |
| Preferred Stock Dividends, Income Statement Impact | — | — | — | — | — | $0 | — | |
| Earnings Per Share, Basic | ($0.05) | $1.11 | ($0.06) | $0.17 | ($0.34) | $0.38 | $0.29 | |
| Earnings Per Share, Diluted | ($0.05) | $1.11 | ($0.06) | $0.16 | ($0.34) | $0.36 | $0.27 | |
| Weighted-average stock outstanding—basic (in shares) | — | 77.6m | 55.9m | 57.0m | 70.8m | 96.1m | — | |
| Weighted-average stock outstanding—diluted (in shares) | — | 77.6m | 55.9m | 57.8m | 70.8m | 99.2m | — | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | — | 57.0m | 70.8m | 96.1m | 96.7m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | 57.8m | 70.8m | 99.2m | 100.2m | |
| Additional Financial Items | ||||||||
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | $0 | $0 | $500k | — | |
| (Gain) loss on change in fair value of debt | — | — | $91k | $2.4m | $4.8m | ($3.4m) | — | |
| Unrealized loss on equity securities, at fair value | — | — | — | ($1.4m) | $238k | $0 | — | |
| Realized gain on equity securities, at fair value | — | — | — | $0 | ($2.3m) | $0 | — | |
| Depreciation and amortization expense | — | — | $4k | $3.4m | $7.9m | $18.6m | $16.6m | |
| Loss on change in fair value of warrant liability | — | $15.9m | $9.3m | ($4.2m) | ($2.7m) | ($1.7m) | — | |
| Other comprehensive loss | — | — | — | ($1.2m) | ($159k) | $0 | — | |
| Reclassification of change in fair value of debt (risk adjusted) upon related debt payoff | — | — | — | $0 | $11k | $0 | — | |
| Comprehensive income (loss) before non-controlling interests | — | — | $33.8m | $7.8m | ($25.1m) | $37.3m | — | |
| Net and comprehensive income (loss) attributable to non-controlling interests | — | — | $1.0m | ($800k) | ($996k) | $787k | — | |
| COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO ABACUS GLOBAL MANAGEMENT, INC. | $32.7m | $8.6m | ($24.1m) | $36.5m | ||||
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | ($1.4m) | ($11.7m) | $482k | $957k | $787k | — |