ABL (ABL)
Abacus Global Management, Inc.
NASDAQ:ABLFinancial Services · Insurance - Life
Mkt Cap-
Float29.89M
O/S-
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income$36.53M
Total Assets-$1.18M
Free Cash Flow-$931K
Debt & Equity
Total Debt$0
Total Equity$0
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in ABL's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets-$1.18M
Liabilities$0
Accounts Receivable-$799K
Accounts Payable$0
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Revenue | $0 | $111.92M | $66.4M | $44.71M | $22.59M | $1.22M |
| YoY Growth | - | 68.6% | 48.5% | 97.9% | 1744.7% | - |
| Cost of Revenue | $0 | $11.37M | $6.49M | $5.88M | $14.21M | $515K |
| Gross Profit | $0 | $100.55M | $59.91M | $38.83M | $8.39M | $710K |
| Gross Margin | - | 89.8% | 90.2% | 86.8% | 37.1% | 58.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $102.38M | $90.8M | $31.39M | $4.02M | $7.44M | $48K |
| Other | $15.24M | $10.64M | $4.4M | $1.14M | $10K | -$689K |
| Total Operating Expenses | $117.62M | $101.44M | $35.79M | $5.16M | $7.45M | -$641K |
| Operating Income (EBIT) | $88.76M | -$888K | $24.13M | $33.67M | $937K | $1.35M |
| Operating Margin | - | -0.8% | 36.3% | 75.3% | 4.1% | 110.3% |
| Interest Expense | -$38.79M | $18.28M | $9.87M | $43K | $0 | $0 |
| Interest Income | $3.86M | $2.4M | $595K | $1K | $12K | $18K |
| Other Income (Expense) | -$36.01M | -$18.54M | -$13.62M | -$388K | $62K | -$689K |
| Income Before Tax (EBT) | $52.75M | -$19.43M | $10.5M | $33.28M | $999K | $662K |
| Income Tax Expense | $15.43M | $5.48M | $1.47M | $890K | $1K | $2K |
| Net Income | $36.53M | -$23.96M | $9.52M | $31.68M | $997K | $662K |
| Net Income Margin | - | -21.4% | 14.3% | 70.9% | 4.4% | 54.1% |
| Supplementary Data | ||||||
| EPS | 0.38 | -0.34 | 0.17 | 0.63 | 0.02 | 0.03 |
| Diluted EPS | 0.38 | -0.34 | 0.16 | 0.63 | 0.02 | 0.03 |
| Weighted Average OS | 95.96M | 70.76M | 56.95M | 50.37M | 50.37M | 50.37M |
| EBITDA | $31.77M | $6.76M | $23.78M | $34.81M | $1.03M | $662K |
| EBITDA Margin | - | 6.0% | 35.8% | 77.8% | 4.6% | 54.1% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Assets | ||||||
| Current Assets | ||||||
| Cash and Cash Equivalents | -$385K | $131.94M | $25.59M | $30.05M | $102K | $1.85M |
| Short-Term Investments | $0 | $0 | $2.25M | $0 | $0 | $0 |
| Cash and Short-Term Investments | -$385K | $131.94M | $27.84M | $30.05M | $102K | $1.85M |
| Accounts Receivable | -$799K | $26.53M | $3.24M | $209K | $0 | $136K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $1.09M | $699K | $2.9M | $67K | $0 |
| Total Current Assets | -$1.18M | $159.56M | $31.78M | $33.28M | $195K | $1.99M |
| Long-Term Assets | ||||||
| Property, Plant & Equipment Net | $0 | $5.75M | $2.29M | $96K | $145K | $118K |
| Goodwill | $0 | $238.3M | $140.29M | $0 | $0 | $0 |
| Intangible Assets | $0 | $79.79M | $29.62M | $149K | $0 | $0 |
| Long-Term Investments | $0 | $375.54M | $126.85M | $25.72M | $1.5M | $345.03M |
| Deferred Tax Assets | $0 | $0 | $0 | -$156K | $0 | $345.85M |
| Other Long-Term Assets | $0 | $15.23M | $999K | $7K | $223K | -$345.03M |
| Total Long-Term Assets | $0 | $714.6M | $300.05M | $25.81M | $1.65M | $118K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $1.64M |
| Total Assets | -$1.18M | $874.16M | $331.83M | $59.09M | $1.84M | $3.74M |
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts Payable | $0 | $0 | $0 | $40K | $0 | $0 |
| Short-Term Debt | $0 | $38.43M | $13.03M | $4.92M | $931K | $149K |
| Current Income Tax Payable | $3.02M | $0 | $752K | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $2.47M | $507K | $1.17M | $0 | $0 |
| Other Current Liabilities | $3.02M | $14.42M | $3.4M | -$1.13M | $20K | $4K |
| Total Current Liabilities | $3.02M | $62.47M | $23.33M | $1.3M | $996K | $161K |
| Long-Term Liabilities | ||||||
| Long-Term Debt | $0 | $342.39M | $126.79M | $28.25M | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $507K | $0 | $0 | $44.93M |
| Long-Term Deferred Tax Liabilities | $0 | $26.78M | $0 | $1.36M | $0 | $0 |
| Other Long-Term Liabilities | $0 | $14.66M | $15.34M | $1.36M | $0 | $0 |
| Total Long-Term Liabilities | $0 | $388.4M | $144.43M | $29.64M | $77K | $44.79M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | -$44.79M |
| Total Liabilities | $0 | $450.87M | $167.76M | $30.95M | $1.07M | $161K |
| Stockholders' Equity | ||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $0 | $10K | $6K | $5K | $50K | $4K |
| Retained Earnings | $0 | -$57.9M | -$34.73M | $25.49M | $205K | $2M |
| Comprehensive Income & Other | $0 | $0 | $108K | $1.05M | $0 | $300.92M |
| Other Stockholders' Equity | - | $482.04M | $198.65M | $1.76M | $660K | $80K |
| Total Equity | $0 | $424.15M | $163.93M | $27.25M | $915K | $2.08M |
| Minority Interest | $0 | -$858K | $138K | $900K | -$148K | -$590K |
| Total Liabilities and Equity | $0 | $875.02M | $331.69M | $58.2M | $1.99M | $2.24M |
| Supplementary Data | ||||||
| Total Debt | $0 | $385.91M | $141.74M | $28.33M | $1.05M | $149K |
| Net Debt | $385K | $253.97M | $116.15M | -$1.73M | $951K | -$1.7M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Operating Activities | ||||||
| Net Income | $9.19M | -$24.92M | $9.52M | -$644K | $997K | $662K |
| Depreciation & Amortization | $0 | $7.91M | $3.41M | $4K | $31K | $0 |
| Deferred Income Tax | $0 | $0 | $467K | $890K | $0 | $0 |
| Stock-Based Compensation | $0 | $43.44M | $10.77M | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||
| Accounts Receivable | $0 | -$13.2T | -$1.99M | -$141K | -$496K | -$15K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | -$40K | $0 | $0 | -$63K |
| Other Working Capital | $0 | $13.2T | -$67.7M | -$1.1M | $810K | $67K |
| Total Working Capital Change | $0 | -$195.73M | -$69.73M | -$1.24M | $314K | -$12K |
| Other Non-Cash Items | -$9.19M | -$39.51M | -$18.96M | $11.68M | -$16.99M | $0 |
| Net Cash from Operating | $0 | -$208.81M | -$64.52M | $10.69M | $1.34M | $650K |
| Investing Activities | ||||||
| Capital Expenditures | -$931K | -$805K | -$190K | -$79K | -$227K | $0 |
| Acquisitions | -$1.65M | -$2.43M | $0 | $0 | -$15K | $16K |
| Purchases of Investments | -$13.7M | -$1.2M | -$350K | -$1.92M | -$250K | -$1.25M |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$7M | -$519K | $2.78M | -$1.7M | $250K | -$16K |
| Net Cash from Investing | -$23.28M | -$4.96M | $2.24M | -$3.7M | -$242K | -$1.25M |
| Financing Activities | ||||||
| Debt Repaid | - | -$166.25M | -$98.42M | -$30.03M | - | - |
| Common Stock Issuance | -$3.47M | $181.7M | $972K | $0 | $0 | $0 |
| Common Stock Repurchases | -$43.78M | -$10.74M | -$24.82M | -$6.4M | -$400K | $0 |
| Dividends Paid | $0 | $0 | $0 | -$659K | -$358K | -$328K |
| Other Financing Activities | -$44.59M | -$17.08M | -$15.79M | -$7K | $4K | $1.03M |
| Net Cash from Financing | -$44.87M | $320.12M | $57.82M | $22.96M | -$355K | $698K |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$93.83M | $106.36M | -$4.46M | $29.95M | $747K | $98K |
| Supplementary Data | ||||||
| Operating Cash Flow | $0 | -$208.81M | -$64.52M | $10.69M | $1.34M | $650K |
| Capital Expenditure | -$931K | -$805K | -$190K | -$79K | -$227K | $0 |
| Free Cash Flow | -$931K | -$209.62M | -$64.71M | $10.61M | $1.12M | $650K |
| Cash at Beginning | $131.94M | $25.59M | $30.05M | $102K | $1.85M | $37K |
| Cash at End | $38.11M | $131.94M | $25.59M | $30.05M | $2.6M | $135K |