Abacus Life Inc. | Small-cap | Financial Services
$5.30
3.11%
| Abacus Life Stock Comparison:
Abacus Life vs AflacAbacus Life vs Manulife FinancialAbacus Life vs American NationalAbacus Life vs BrighthouseAbacus Life vs BrighthouseAbacus Life vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 111.9M
Gross Profit 100.6M 89.84%
Operating Income 1.8M 1.65%
Net Income -24.9M -22.26%
EPS (Diluted) -$0.34

Balance Sheet Metrics

Total Assets 874.2M
Total Liabilities 450.9M
Shareholders Equity 423.3M
Debt to Equity 1.07

Cash Flow Metrics

Operating Cash Flow -213.6M
Free Cash Flow -209.6M

Revenue & Profitability Trend

Abacus Life Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 111.9M 66.4M 44.7M 22.6M 27.4M
Cost of Goods Sold 11.4M 6.5M 5.9M 14.2M -
Gross Profit 100.6M 59.9M 38.8M 8.4M -
Operating Expenses 90.8M 31.4M 4.0M 19.0M 21.3M
Operating Income 1.8M 25.1M 34.8M 937.1K -
Pre-tax Income -19.4M 10.5M 33.3M 998.6K 1.4M
Income Tax 5.5M 1.5M 889.9K 1.2K 1.6K
Net Income -24.9M 9.0M 32.4M 997.4K 1.4M
EPS (Diluted) -$0.34 $0.16 $0.00 $0.02 $0.03

Income Statement Trend

Abacus Life Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 159.6M 31.8M 33.3M 3.5M -
Non-Current Assets 714.6M 300.0M 25.8M 1.8M -
Total Assets 874.2M 331.8M 59.1M 5.3M -
Liabilities
Current Liabilities 62.5M 23.3M 1.3M 2.3M -
Non-Current Liabilities 388.4M 144.4M 29.6M 232.2K -
Total Liabilities 450.9M 167.8M 30.9M 2.6M -
Equity
Total Shareholders Equity 423.3M 164.1M 28.1M 2.7M 2.1M

Balance Sheet Composition

Abacus Life Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income -24.9M 9.0M 32.4M 997.4K 1.4M
Operating Cash Flow -213.6M -73.1M 7.5M 1.4M 1.3M
Investing Activities
Capital Expenditures -786.2K -189.7K 0 0 -
Investing Cash Flow -4.9M 2.2M -3.7M -29.7K 16.4K
Financing Activities
Dividends Paid - - -659.4K -358.2K -327.8K
Financing Cash Flow 313.3M 57.8M 22.3M -354.6K -329.1K
Free Cash Flow -209.6M -64.7M 10.7M 1.1M 904.1K

Cash Flow Trend

Abacus Life Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 66.88
Forward P/E 6.73
Price to Book 1.21
Price to Sales 3.88
PEG Ratio 6.73

Profitability Ratios

Profit Margin -13.35%
Operating Margin 39.40%
Return on Equity -6.07%
Return on Assets 2.42%

Financial Health

Current Ratio 0.47
Debt to Equity 82.89
Beta 0.10

Per Share Data

EPS (TTM) -$0.27
Book Value per Share $4.50
Revenue per Share $1.70

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
abl 522.1M 66.88 1.21 -6.07% -13.35% 82.89
Aflac 56.7B 16.30 2.16 14.41% 21.27% 42.51
Manulife Financial 52.5B 15.89 1.07 10.73% 17.56% 44.28
American National 2.0B - 0.67 5.04% 3.74% 31.41

Financial data is updated regularly. All figures are in the company's reporting currency.