
ABX · NYSE
Abacus Global Management, Inc.
$8.83 -0.22 (-2.43%)
Company overview
Abacus Global Management, Inc. operates as an alternative asset manager and market maker in the United States, managing life insurance policy investments across five segments: Active Management, Originations, Asset Management, Portfolio Servicing, and Technology Services. The Active Management segment buys, sells, and trades policies while maintaining them until death benefits are received. The Originations segment facilitates life insurance policy settlements between investors and sellers, who are often the original policy owners. The Asset Management segment provides services to investors in alternative investment and equity portfolio funds. Portfolio Servicing offers policy services to customers on a contract basis, while Technology Services supplies real-time mortality verification, missing participant verification, and other specialized services for the life insurance market.
- Sector
- Financial Services
- Industry
- Insurance - Life
- Exchange
- NYSE
- Market cap
- $864M
- Employees
- 157
- Headquarters
- Orlando, FL
- Website
- abacusgm.com
- CEO
- Jay J. Jackson
- Listed
- September 14, 2020
- P/E
- 21.39
- Dividend yield
- 3.11%
Company financials
- Revenue
- $250M
- Gross profit
- $177M
- Operating income
- $84.4M
- EBITDA
- $113M
- Net income
- $39.2M
- EPS
- $0.41
- Total assets
- $830M
- Total debt
- $342M
- Gross margin
- 70.80%
- Net margin
- 15.63%
- Earnings yield
- 4.68%
Showing FY 2025
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