Abacus Global Management, Inc. - 9.875% Fixed Rate Senior Notes due 2028
ABXLNYSEFinancial ServicesAsset Management
Previous close
$25.449
+$0.0491 · +0.19%
ABXL company overview
Regular session · ET · Market data may be delayed.
GoAI snapshot
AI-powered factor overview
GoAI score
Buy
Favorable setup — positive multi-factor alignment
Valuation
86
Deep Value
Momentum
40
Weakening
Sentiment
54
Mixed
Risk resilience
88
Low Risk
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Company profile
Company websiteAbacus Global Management, Inc. functions as a comprehensive alternative asset management firm, specializing in investments involving active life insurance policies. Its operations are segmented into Portfolio Servicing, Active Management, Originations, Asset Management, and Technology Services. The Portfolio Servicing unit provides policy administration services to customers under contractual agreements. The Active Management division is responsible for acquiring, selling, and trading policies, as well as managing them until their death benefit is paid. Through its Originations segment, the company serves as a licensed life settlement provider, generating life insurance policy settlement contracts for third-party institutional investors interested in this asset class. Revenue for the Asset Management segment is derived from delivering asset management services to investors in alternative investment and equity portfolio funds, based on established fund agreements. Likewise, the Technology Services segment also offers asset management solutions to investors participating in alternative investment and equity portfolio funds, consistent with their fund investment agreements. The company was founded on May 22, 2020, by Matthew Ganovsky, Kevin Scott Kirby, and Todd Sean McNealy, and its headquarters are located in Orlando, Florida.
- Industry
- Asset Management
- Sector
- Financial Services
- Headquarters
- US
- CEO
- Jay Jackson
- Listed since
- Nov 24, 2023
- Employees
- 326
Market position
Day range
Current $25.449
52-week range
Current $25.449
- Open
- $25.30
- Previous close
- $25.3999
- Volume
- 4.63K
- 0.73× average
- Average volume
- 6.35K
- Average daily volume
- Market cap
- 2.49B USD
- Beta
- -0.14
- Market reference 1
- 50-day average
- $25.49
- -0.16% below average
- 200-day average
- $25.49
- -0.16% below average
Financials
Financial snapshot
Latest / TTMValuation & yield
- Enterprise value
- 2.64B USD
- P/E (TTM)
- 81.59×
- P/B (TTM)
- 5.56×
- P/S (TTM)
- 15.23×
- EV / EBITDA
- 207.22×
- Earnings yield
- -1.01%
- Free cash flow yield
- -8.89%
- Dividend yield
- 9.70%
Profitability & efficiency
- Gross margin
- 78.47%
- Operating margin
- 39.34%
- Net margin
- 17.94%
- Return on equity
- -5.65%
- Return on assets
- -2.71%
- Return on invested capital
- -20.45%
Financial health
- Debt / equity
- 0.94×
- Current ratio
- 0×
- Altman Z-score
- 3.3
- Piotroski F-score
- 2 of 9
Financial statements
Margin trends
Profitability as a percentage of reported revenue.
Income trends
Revenue
Operating income
Net income
| Metric (USD) | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | 114.26M USD | 66.4M USD | — | — | — |
| Cost of goods sold | 19.28M USD | 9.9M USD | — | — | — |
| Gross profit | 94.98M USD | 56.5M USD | — | — | — |
| Selling, general, and administrative | — | — | 11.72M USD | 1.38M USD | 476.74K USD |
| Interest income | 2.4M USD | 594.76K USD | 682.47K USD | 22.85K USD | 26.14K USD |
| Depreciation and amortization | 7.91M USD | 3.41M USD | — | — | — |
| Operating income | 4.81M USD | 19.92M USD | −11.72M USD | −1.38M USD | −476.74K USD |
| Net income | −23.96M USD | 9.52M USD | −643.56K USD | 15.84M USD | −10.8M USD |
Company facts updated Aug 24, 2026.
Earnings
- EPS beat rate
- 57%
- 4 beats, 3 misses, 0 met estimates
- Average EPS surprise
- +7.95%
- 7 comparable reports
- Latest EPS result
- 0.2
- Estimate 0.21 · Miss by 3.85%
EPS: actual versus estimate
Recent quarterly results
Revenue: actual versus estimate
Recent quarterly results
Corporate actions
Corporate action history
| Action | Ex-dividend date | Details | Record date | Payment date |
|---|---|---|---|---|
Dividend | Aug 14, 2026 | $0.617Quarterly | — | — |
Dividend | May 14, 2026 | $0.617Quarterly | — | — |
Dividend | Feb 13, 2026 | $0.6172Quarterly | Feb 13, 2026 | Feb 17, 2026 |
Dividend | Nov 13, 2025 | $0.617Quarterly | Nov 13, 2025 | Nov 14, 2025 |
Dividend | Aug 14, 2025 | $0.6172Quarterly | Aug 14, 2025 | Aug 15, 2025 |
Dividend | May 13, 2025 | $0.6172Quarterly | May 13, 2025 | May 15, 2025 |
Ex-dividend Aug 14, 2026
$0.617
Quarterly
Ex-dividend May 14, 2026
$0.617
Quarterly
Ex-dividend Feb 13, 2026
$0.6172
Quarterly
Record Feb 13, 2026 · Payment Feb 17, 2026
Ex-dividend Nov 13, 2025
$0.617
Quarterly
Record Nov 13, 2025 · Payment Nov 14, 2025
Ex-dividend Aug 14, 2025
$0.6172
Quarterly
Record Aug 14, 2025 · Payment Aug 15, 2025
Ex-dividend May 13, 2025
$0.6172
Quarterly
Record May 13, 2025 · Payment May 15, 2025
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