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NYSEFinancial ServicesInsurance - Life
Latest quote
$25.21
−$0.07 · -0.28%
Abacus 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.
Previous close
$25.21
−$0.07 · -0.28%
Regular session · ET · Market data may be delayed.
Abacus 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.
Day range
Current $25.21
52-week range
Current $25.21
Regular session · ET · Market data may be delayed.
GoAI Score
Buy
Valuation
86
Deep Value
Sentiment
54
Mixed
Risk
12
Low Risk
Momentum
40
Weakening
Full GoAI research
Thesis, catalysts, evidence, and risk analysis.
Abacus 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.
Day range
Current $25.21
52-week range
Current $25.21
Profitability as a percentage of reported revenue.
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 Oct 11, 2026.
Reported history and fiscal-year consensus
Reported history and fiscal-year consensus
Funds reporting this stock among their holdings, ordered by reported position size.
AI-generated and delayed market data for informational and educational purposes only. Not investment advice.
