ABX Abacus Global Management Inc.

  1. Stocks
  2. Financial Services
  3. NYSE: ABX

Price (delayed)

$8.86

Market cap

$849.87M

P/E Ratio

22.15

Dividend/share

N/A

EPS

$0.4

Enterprise value

$1.15B

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Relative Growth: Rel. Growth: 87
Relative Strength: Rel. Strength: 36
Relative Valuation: Rel. Valuation: 81
Relative Profitability: Rel. Profitability: 96

Abacus Life, Inc. operates as an alternative asset manager specializing in life insurance products. It purchases life insurance policies from consumers seeking liquidity and manages policies over time via trading, ...

Highlights
ABX's gross profit has surged by 87% year-on-year and by 8% since the previous quarter
Abacus Global Management's revenue has surged by 86% YoY and by 6% QoQ
ABX's equity is down by 3% year-on-year
Sector: Financial Services
Industry: Insurance - Life
Website: https://abacuslife.com
Peers: RYAN

Key stats

What are the main financial stats of ABX

ABX stock price

How has the Abacus Global Management stock price performed over time
Intraday
6.75%
1 week
-4.01%
1 month
-3.59%
1 year
N/A
YTD
3.63%
QTD
12.44%

Financial performance

How have Abacus Global Management's revenue and profit performed over time
Revenue
$250.49M
Gross profit
$222.43M
Operating income
$86.33M
Net income
$39.15M
Gross margin
88.8%
Net margin
15.6%
Abacus Global Management's operating margin has soared by 200% YoY but it has decreased by 5% from the previous quarter
ABX's gross profit has surged by 87% year-on-year and by 8% since the previous quarter
Abacus Global Management's revenue has surged by 86% YoY and by 6% QoQ
The net income has increased by 7% QoQ

Price vs fundamentals

How does ABX's price correlate with its fundamentals

Growth

What is Abacus Global Management's growth rate over time

Valuation

What is Abacus Global Management stock price valuation
ABX P/E details
P/E
22.15
P/B
2.05
P/S
3.42
EV/EBIT
12.06
EV/EBITDA
10.13
EV/Sales
4.61
The EPS has increased by 5% from the previous quarter
The stock's P/B is 20% above its last 4 quarters average of 1.6
ABX's equity is down by 3% year-on-year
The price to sales (P/S) is 89% less than the 5-year quarterly average of 29.5 but 3.5% more than the last 4 quarters average of 3.1
Abacus Global Management's revenue has surged by 86% YoY and by 6% QoQ

Efficiency

How efficient is Abacus Global Management business performance
The ROA has grown by 10% from the previous quarter
ABX's return on equity is up by 8% since the previous quarter
Abacus Global Management's return on invested capital has increased by 3.3% QoQ

Dividends

What is ABX's dividend
DPS
N/A
Dividend yield
N/A
Payout ratio
N/A

There are no recent dividends present for ABX.

Financial health

How did Abacus Global Management financials performed over time
The company's total assets is 104% higher than its total liabilities
Abacus Global Management's total liabilities has decreased by 15% from the previous quarter and by 3.3% YoY
The company's total assets fell by 8% QoQ and by 3.1% YoY
Abacus Global Management's debt is 18% less than its equity
Abacus Global Management's debt has decreased by 17% from the previous quarter and by 5% YoY
The debt to equity has declined by 16% since the previous quarter and by 2.4% year-on-year

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.