Abacus Global Management Earnings Call Transcripts
Fiscal Year 2025
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Delivered record revenue and profitability in 2025, with 11 consecutive quarters of outperformance, robust capital deployment, and strong growth across all business segments. Guidance for 2026 projects double-digit earnings growth and continued expansion in recurring revenue and AUM.
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A leading originator and asset manager in the life insurance asset space, the firm has tripled revenue in two years and targets doubling it again in three, with recurring revenue set to reach 70%. Technology and data initiatives are fueling rapid growth, while new products and a dividend enhance investor appeal.
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Record Q3 results with 124% revenue growth, 60% adjusted net income growth, and raised 2025 guidance. Initiated annual dividend, $10M buyback, completed $50M securitization, and acquired AccuQuote to expand digital origination.
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A 21-year track record of profitability and rapid global expansion underpins strong revenue and capital growth, with diversified verticals in asset origination, management, data, and wealth advisory. Raised 2025 guidance by up to 72% and continues to capture a growing share of a $255 billion market.
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Q2 2025 saw revenue nearly double year-over-year to $56.2M, with adjusted net income up 87% and strong realized gains. Full-year guidance was raised, reflecting robust demand for private credit and asset management offerings, and a $20M share repurchase was launched.
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The firm is transforming from a life insurance policy originator into a global, technology-driven asset manager, leveraging proprietary lifespan data and AI to deliver personalized financial solutions. Strong Q1 2025 results, robust guidance, and global expansion underpin a strategy focused on recurring, high-margin revenue and diversified growth.
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Record Q1 results with revenue and adjusted net income more than doubling year-over-year, driven by strong policyholder and investor demand. Asset management and technology segments showed robust growth, and guidance for 2025 remains unchanged at $70–78 million adjusted net income.
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A leading alternative asset manager in life settlements, the firm has expanded rapidly through capital raises, acquisitions, and diversification into tech and data services. With strong revenue growth, a growing global investor base, and new product development, it is positioned for continued expansion.
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The presentation highlighted a high-growth, high-margin business model in life settlements, with expanding direct-to-consumer channels and strong institutional demand. Recent capital raises support portfolio growth, while diversification into wealth management and mortality data services enhances value.
Fiscal Year 2024
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Delivered record 2024 results with 69% revenue growth and 58% higher adjusted net income, driven by strategic acquisitions, expanded business lines, and robust capital deployment. 2025 guidance projects 51–68% adjusted net income growth, supported by a strong balance sheet and positive market conditions.
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Q3 2024 saw 33% revenue growth and 54% higher adjusted EBITDA, driven by strong origination and capital deployment. Strategic initiatives, acquisitions, and new products position the company for continued growth, with robust Q4 and 2025 outlook.
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A leading life settlements provider is expanding through acquisitions, new data-driven services, and increased institutional demand. With strong financial performance and a unique market position, it leverages proprietary data and technology to drive growth and margin stability.
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Q2 2024 saw revenue more than double year-over-year to $29.1M, with Adjusted EBITDA up 83% and major acquisitions expanding AUM to nearly $3B. Most of the $90M capital raise is expected to be deployed by year-end, supporting continued strong growth and profitability.