Abacus Life Inc (ABL) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and Strategic ... [Yahoo! Finance]
Abacus Life, Inc. - Class A (ABL)
Company Research
Source: Yahoo! Finance
Adjusted Net Income: Increased by 65% year over year to $14.9 million or $0.20 per diluted share. Capital Deployed: $93.2 million compared to $56.4 million in the prior year period. Policies Purchased: Increased by 53% to 278 policies. Balance Sheet Policy Assets: Valued at $274.4 million as of September 30, 2024. Adjusted EBITDA Margin: Increased to 59.2% from 51.1% in the prior year period. GAAP Net Loss: $5.1 million, primarily due to a non-cash increase in warrant liability. Cash and Cash Equivalents: $19.4 million as of September 30, 2024. Outstanding Long-Term Debt: $166.5 million. Adjusted Return on Equity: 23% for the three-month period ended September 30, 2024. Adjusted Return on Invested Capital: 21% for the three-month period ended September 30, 2024. Warning! GuruFocus has detected 7 Warning Signs with ASTH. Release Date: November 07, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Abacus L
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High impacting Abacus Life, Inc. - Class A news events
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ABL
News
- Abacus Life Closes $150 Million Debt Financing Facility to Support Continued Growth [Yahoo! Finance]Yahoo! Finance
- Abacus Life Closes $150 Million Debt Financing Facility to Support Continued GrowthGlobeNewswire
- Abacus Life Completes Acquisition of FCF Advisors [Yahoo! Finance]Yahoo! Finance
- Abacus Life Completes Acquisition of FCF AdvisorsGlobeNewswire
- Abacus Life Completes Acquisition of Carlisle Management Company S.C.A. [Yahoo! Finance]Yahoo! Finance
ABL
Earnings
- 11/7/24 - Beat
ABL
Analyst Actions
- 10/24/24 - Northland Securities
ABL
Sec Filings
- 12/18/24 - Form 4
- 12/16/24 - Form 8-K
- 12/16/24 - Form 4
- ABL's page on the SEC website