Abacus Global Management Financials
This page shows Abacus Global Management (ABL) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Abacus Global Management has an operating margin of -0.8%, meaning the company retains $-1 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from 36.3% the prior year.
Abacus Global Management's revenue surged 68.6% year-over-year to $111.9M, reflecting rapid business expansion. This strong growth earns a score of 100/100.
Abacus Global Management carries a low D/E ratio of 0.81, meaning only $0.81 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 81/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 2.55, Abacus Global Management holds $2.55 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 82/100.
While Abacus Global Management generated -$208.8M in operating cash flow, capex of $786K consumed most of it, leaving -$209.6M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Abacus Global Management passes 1 of 9 financial strength tests. No profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Abacus Global Management generates $8.71 in operating cash flow (-$208.8M OCF vs -$24.0M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Abacus Global Management earns $-0.0 in operating income for every $1 of interest expense (-$888K vs $18.3M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Abacus Global Management generated $111.9M in revenue in fiscal year 2024. This represents an increase of 68.6% from the prior year.
Abacus Global Management's EBITDA was $7.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 74.5% from the prior year.
Abacus Global Management generated -$209.6M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 226.3% from the prior year.
Abacus Global Management reported -$24.0M in net income in fiscal year 2024. This represents a decrease of 351.8% from the prior year.
Abacus Global Management earned $-0.34 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 312.5% from the prior year.
Abacus Global Management held $131.9M in cash against $342.4M in long-term debt as of fiscal year 2024.
Abacus Global Management had 96M shares outstanding in fiscal year 2024. This represents an increase of 51.3% from the prior year.
Abacus Global Management's gross margin was 89.8% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 0.4 percentage points from the prior year.
Abacus Global Management's operating margin was -0.8% in fiscal year 2024, reflecting core business profitability. This is down 37.1 percentage points from the prior year.
Abacus Global Management's net profit margin was -21.4% in fiscal year 2024, showing the share of revenue converted to profit. This is down 35.7 percentage points from the prior year.
Abacus Global Management spent $10.7M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 737.2% from the prior year.
Abacus Global Management invested $786K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 314.5% from the prior year.
ABL Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $63.0M+12.0% | $56.2M+27.4% | $44.1M+32.9% | $33.2M+18.0% | $28.1M-3.2% | $29.1M+35.3% | $21.5M-9.1% | $23.6M |
| Cost of Revenue | $7.7M+26.4% | $6.1M-14.8% | $7.1M+91.1% | $3.7M+70.0% | $2.2M-20.2% | $2.7M+0.8% | $2.7M+63.7% | $1.7M |
| Gross Profit | $55.3M+10.3% | $50.2M+35.5% | $37.0M+25.6% | $29.5M+13.6% | $26.0M-1.4% | $26.3M+40.3% | $18.8M-14.6% | $22.0M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $24.7M+30.5% | $18.9M+54.3% | $12.3M-69.6% | $40.3M+160.4% | $15.5M+6.4% | $14.6M+28.2% | $11.4M-26.1% | $15.4M |
| Operating Income | $22.4M-0.5% | $22.5M+7.1% | $21.0M+225.4% | -$16.8M-344.7% | $6.8M+1.2% | $6.8M+200.5% | $2.3M+16.9% | $1.9M |
| Interest Expense | $9.7M+11.3% | $8.8M-9.0% | $9.6M+64.1% | $5.9M+39.0% | $4.2M-6.9% | $4.5M+23.4% | $3.7M-41.2% | $6.2M |
| Income Tax | $4.7M+15.3% | $4.1M+74.4% | $2.3M-16.8% | $2.8M+1219.9% | -$250K-114.2% | $1.8M+49.8% | $1.2M+252.4% | -$770K |
| Net Income | $7.1M-59.8% | $17.6M+279.0% | $4.6M+125.4% | -$18.3M-256.2% | -$5.1M-765.6% | $770K+157.1% | -$1.3M+78.3% | -$6.2M |
| EPS (Diluted) | $0.07-61.1% | $0.18+260.0% | $0.05+119.2% | $-0.26-271.4% | $-0.07-800.0% | $0.01+150.0% | $-0.02+85.7% | $-0.14 |
ABL Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $918.9M+8.3% | $848.4M-1.0% | $856.5M-2.0% | $874.2M+83.1% | $477.3M-1.4% | $483.9M+28.4% | $376.7M+13.5% | $331.8M |
| Current Assets | $138.2M+30.4% | $105.9M+72.3% | $61.5M-61.5% | $159.6M+418.1% | $30.8M-69.7% | $101.6M+36.7% | $74.3M+133.9% | $31.8M |
| Cash & Equivalents | $86.4M+15.5% | $74.8M+71.0% | $43.8M-66.8% | $131.9M+579.8% | $19.4M-78.7% | $91.3M+39.7% | $65.4M+155.5% | $25.6M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $249.0M+4.2% | $238.9M+0.3% | $238.3M0.0% | $238.3M+70.3% | $139.9M0.0% | $139.9M-0.3% | $140.3M0.0% | $140.3M |
| Total Liabilities | $479.3M+12.3% | $426.8M+1.4% | $420.9M-6.6% | $450.9M+105.5% | $219.4M-3.4% | $227.0M+7.4% | $211.4M+26.0% | $167.8M |
| Current Liabilities | $148.4M+5.9% | $140.2M+7.2% | $130.8M+109.4% | $62.5M+161.8% | $23.9M-56.9% | $55.4M+132.4% | $23.8M+2.2% | $23.3M |
| Long-Term Debt | $289.8M | N/A | N/A | $342.4M | N/A | N/A | N/A | N/A |
| Total Equity | $434.6M+4.3% | $416.5M-3.3% | $430.6M+1.7% | $423.3M+64.1% | $257.9M+0.4% | $256.8M+55.3% | $165.3M+0.8% | $164.1M |
| Retained Earnings | -$28.9M+19.3% | -$35.8M+32.8% | -$53.3M+8.0% | -$57.9M-46.1% | -$39.6M-14.8% | -$34.5M+4.3% | -$36.1M-3.9% | -$34.7M |
ABL Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$32.8M-143.0% | $76.1M+223.6% | -$61.6M+33.0% | -$92.0M-75.9% | -$52.3M+22.0% | -$67.1M-2767.0% | $2.5M+118.2% | -$13.8M |
| Capital Expenditures | $172K-59.4% | $423K+88.5% | $224K+16.4% | $193K-20.5% | $243K+28.2% | $189K+16.9% | $162K+74.1% | $93K |
| Free Cash Flow | -$32.9M-143.5% | $75.7M+222.4% | -$61.8M+32.9% | -$92.2M-75.5% | -$52.5M+21.9% | -$67.2M-2958.5% | $2.4M+116.9% | -$13.9M |
| Investing Cash Flow | -$236K+97.6% | -$10.0M-167.5% | -$3.7M+1.3% | -$3.8M-739.8% | -$451K+2.4% | -$462K-82.2% | -$254K+22.6% | -$328K |
| Financing Cash Flow | $44.6M+227.3% | -$35.0M-53.3% | -$22.9M-111.0% | $208.3M+1186.2% | -$19.2M-120.5% | $93.5M+149.0% | $37.5M+1119.1% | $3.1M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 |
| Share Buybacks | $3.2M-90.9% | $35.1M | $0 | $0 | $0-100.0% | $3.2M-57.2% | $7.5M+486.4% | $1.3M |
ABL Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 87.8%-1.4pp | 89.2%+5.3pp | 83.9%-4.9pp | 88.8%-3.4pp | 92.2%+1.7pp | 90.6%+3.2pp | 87.3%-5.6pp | 93.0% |
| Operating Margin | 35.6%-4.5pp | 40.1%-7.6pp | 47.6%+98.1pp | -50.5%-74.8pp | 24.3%+1.1pp | 23.3%+12.8pp | 10.5%+2.3pp | 8.2% |
| Net Margin | 11.2%-20.0pp | 31.3%+20.8pp | 10.5%+65.5pp | -55.0%-36.8pp | -18.2%-20.9pp | 2.6%+8.9pp | -6.3%+20.0pp | -26.3% |
| Return on Equity | 1.6%-2.6pp | 4.2%+3.1pp | 1.1% | N/A | N/A | 0.3% | N/A | N/A |
| Return on Assets | 0.8%-1.3pp | 2.1%+1.5pp | 0.5%+2.6pp | -2.1%-1.0pp | -1.1%-1.2pp | 0.2%+0.5pp | -0.4%+1.5pp | -1.9% |
| Current Ratio | 0.93+0.2 | 0.76+0.3 | 0.47-2.1 | 2.55+1.3 | 1.29-0.5 | 1.84-1.3 | 3.12+1.8 | 1.36 |
| Debt-to-Equity | 0.67-0.4 | 1.02+0.0 | 0.98+0.2 | 0.81-0.0 | 0.85-0.0 | 0.88-0.4 | 1.28+0.3 | 1.02 |
| FCF Margin | -52.3%-186.9pp | 134.6%+274.7pp | -140.1%+137.5pp | -277.5%-90.9pp | -186.6%+44.7pp | -231.3%-242.2pp | 10.9%+69.8pp | -58.9% |
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Frequently Asked Questions
What is Abacus Global Management's annual revenue?
Abacus Global Management (ABL) reported $111.9M in total revenue for fiscal year 2024. This represents a 68.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Abacus Global Management's revenue growing?
Abacus Global Management (ABL) revenue grew by 68.6% year-over-year, from $66.4M to $111.9M in fiscal year 2024.
Is Abacus Global Management profitable?
No, Abacus Global Management (ABL) reported a net income of -$24.0M in fiscal year 2024, with a net profit margin of -21.4%.
What is Abacus Global Management's earnings per share (EPS)?
Abacus Global Management (ABL) reported diluted earnings per share of $-0.34 for fiscal year 2024. This represents a -312.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Abacus Global Management's EBITDA?
Abacus Global Management (ABL) had EBITDA of $7.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Abacus Global Management have?
As of fiscal year 2024, Abacus Global Management (ABL) had $131.9M in cash and equivalents against $342.4M in long-term debt.
What is Abacus Global Management's gross margin?
Abacus Global Management (ABL) had a gross margin of 89.8% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Abacus Global Management's operating margin?
Abacus Global Management (ABL) had an operating margin of -0.8% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Abacus Global Management's net profit margin?
Abacus Global Management (ABL) had a net profit margin of -21.4% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Abacus Global Management's free cash flow?
Abacus Global Management (ABL) generated -$209.6M in free cash flow during fiscal year 2024. This represents a -226.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Abacus Global Management's operating cash flow?
Abacus Global Management (ABL) generated -$208.8M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Abacus Global Management's total assets?
Abacus Global Management (ABL) had $874.2M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Abacus Global Management's capital expenditures?
Abacus Global Management (ABL) invested $786K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
Does Abacus Global Management buy back shares?
Yes, Abacus Global Management (ABL) spent $10.7M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Abacus Global Management have outstanding?
Abacus Global Management (ABL) had 96M shares outstanding as of fiscal year 2024.
What is Abacus Global Management's current ratio?
Abacus Global Management (ABL) had a current ratio of 2.55 as of fiscal year 2024, which is generally considered healthy.
What is Abacus Global Management's debt-to-equity ratio?
Abacus Global Management (ABL) had a debt-to-equity ratio of 0.81 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Abacus Global Management's return on assets (ROA)?
Abacus Global Management (ABL) had a return on assets of -2.7% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Abacus Global Management's cash runway?
Based on fiscal year 2024 data, Abacus Global Management (ABL) had $131.9M in cash against an annual operating cash burn of $208.8M. This gives an estimated cash runway of approximately 8 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Abacus Global Management's Piotroski F-Score?
Abacus Global Management (ABL) has a Piotroski F-Score of 1 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Abacus Global Management's earnings high quality?
Abacus Global Management (ABL) has an earnings quality ratio of 8.71x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Abacus Global Management cover its interest payments?
Abacus Global Management (ABL) has an interest coverage ratio of -0.0x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Abacus Global Management?
Abacus Global Management (ABL) scores 53 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.