Abacus Life, Inc.

Finance
Investment Managers
www.abacuslife.com

Earnings Score
Moat Score
Safety Score

Market Cap $530.52M
PE -43
Debt $13.73M
Cash $19.41M
EV $524.84M
FCF -$130.86M

Earnings

loading chart...

Sales & Net Margins

loading chart...

Earnings	-$12.27M
EBIT	$17.87M
ROE	-5%
ROA	4%
FCF	-$130.86M
Equity	$257.94M
Growth Stability	1
PE	-43.23
PEG	120.19
PB	2.06
P/FCF	-4.05
P/S	5.18
Price/Cash	0.04
Debt/Equity	0.05
Debt/FCF	-0.1
Net Margins	-8%
Gross Margins	91%
Op. Margins	17%
Earnings CAGR	-0%
Sales Growth YoY	33%
Sales Growth QoQ	-3%
Sales CAGR	3%
Equity CAGR	386%
Earnings Stability	-0.8
Earnings Growth YoY	-603%

Earnings Growth QoQ	-829%
Earnings CAGR 5Y	-0%
Sales CAGR 5Y	3%
Equity CAGR 5Y	386%
Earnings CAGR 3Y	26%
Sales CAGR 3Y	26%
Equity CAGR 3Y	548%
Market Cap	$530.52M
Revenue	$102.41M
Assets	$477.31M
Total Debt	$13.73M
Cash	$19.41M
Shares Outstanding	66.98M
EV	524.84M
Earnings Score	6%
Moat Score	18%
Safety Score	65%
Final Score	30%
Working Capital	6.93M
Current Ratio	1.29
Gross Profit	$93.09M
Shares Growth 3y	15%
Equity Growth QoQ	0%
Equity Growth YoY	55%

Assets & ROA

loading chart...

Stockholders Equity & ROE

loading chart...

Abacus Life, Inc. is a vertically integrated alternative asset manager specializing in life insurance products. The Company operates in two segments: portfolio servicing and active management. Its portfolio servicing segment is engaged in providing policy services to customers on a contract basis. Its active management segment is engaged in buying, selling and trading policies and maintaining policies through to death benefit. It originates life insurance policy settlement contracts as a licensed life settlement provider on behalf of third-party institutional investors interested in investing in the life settlement asset class. Specifically, the Company originates policies through three primary origination channels (Agents/Financial Advisors, Direct-to-Consumers, Life Settlement Brokers) and Third-Party Intermediaries, screens them for eligibility by verifying that the policy is in force, obtaining consents and disclosures, and submitting cases for life expectancy estimates.

SEC Filings

Direct access to Abacus Life, Inc. (ABL) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

2024
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2023
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2022
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31

Sector Comparison

How does Abacus Life, Inc. compare to its competitors?

Loading chart...

Peter Lynch's Chart

This chart shows the current pricing of Abacus Life, Inc. compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR -0%

Stability -80%

loading chart...

Abacus Life, Inc. Discounted Cash Flow

Fully customizable DCF calculator online for Abacus Life, Inc..

Years

Calculation mode

= -$1.3B

	0	1	2	3	4	5	6	7	8	9	10	TV
fcf	-$131M	-$131M	-$131M	-$131M	-$131M	-$131M	-$131M	-$131M	-$131M	-$131M	-$131M	-$1.3B
DCF		-$119M	-$108M	-$98M	-$89M	-$81M	-$74M	-$67M	-$61M	-$55M	-$50M	-$505M
Value	-$1.3B

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years	12/2021	12/2022	12/2023	TTM
Net Margins	-	-1%	14%	-8%
ROA	-	34%	7%	4%
ROE	2K%	-2%	6%	-5%

Bad Net Margins (-7.51%)

Net Margins are too low to guarantee profitability in case of higher costs or higher interest rates. Furthermore lower margins cause higher earnings’ volatility.

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years	12/2021	12/2022	12/2023	TTM
Debt over FCF	-	-	-0.2	-0.1
Debt over Equity	-	1	0.08	0.05
Growth Stability	-	-	-	1

Good Debt/FCF ratio (-0.1)

Net Margins are high enough to offer a good protection on the profits in case of higher costs or higher interests. Furthermore higher margins reduce earnings’ volatility.

Good Debt/Equity ratio (0.05)

The company is not overleveraged and has a good balance between equity and debt.

Good Graham’s Stability (1)

The company has a good stability in its earnings, which is a sign of a good competitive advantage.

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years	12/2021	12/2022	12/2023	CAGR 5Y
Revenue YoY growth	-	-	49%	3%
Earnings YoY growth	-	-104%	-2K%	-0%
Equity YoY growth	-	4K%	483%	386%
FCF YoY growth	-	-	2K%	-