What is Abacus Global Management's earnings per share (EPS)?

Abacus Global Management (ABLLL) reported diluted earnings per share of $0.36 for fiscal year 2025. This represents a 205.9% 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.

Abacus Global Management Financials

ABLLL

Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 Currency USD FYE December

This page shows Abacus Global Management (ABLLL) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 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).

Rhea AI ABLLL FY2025 2026-07-11

High-margin revenue is back to producing accounting profit, but cash conversion and liquidity still lag.

After FY2024's -0.8% operating margin, FY2025 reached 37.7%. But operating cash flow stayed at -$25.7M and the current ratio was only 0.5x, meaning the income statement recovered faster than cash liquidity did.

The most stable feature is gross margin, which stayed near 90.0% through FY2023-FY2025 even as operating results swung from loss to profit. That points to overhead and financing—not direct production cost—as the main source of earnings volatility, with interest expense still at $38.8M in FY2025.

The balance sheet looks like a business digesting a prior expansion: total assets were roughly flat near $902.2M while long-term debt fell to $289.9M. But liquidity tightened at the same time, because cash ended FY2025 at $38.1M and current liabilities exceeded current assets, so deleveraging is happening alongside short-term funding pressure.

Financial Health Signals

Financial Health Score 44/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Abacus Global Management's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Abacus Global Management has an operating margin of 37.7%, meaning the company retains $38 of operating profit per $100 of revenue. This strong profitability earns a score of 78/100, reflecting efficient cost management and pricing power. This is up from -0.8% the prior year.

Growth

Abacus Global Management's revenue surged 110.2% year-over-year to $235.2M, reflecting rapid business expansion. This strong growth earns a score of 97/100.

Leverage

Abacus Global Management has elevated debt relative to equity (D/E of 0.69), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 27/100, reflecting increased financial risk.

Liquidity

Abacus Global Management's current ratio of 0.47 is below the typical benchmark, resulting in a score of 4/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

While Abacus Global Management generated -$25.7M in operating cash flow, capex of $931K consumed most of it, leaving -$26.6M in free cash flow. This results in a low score of 7/100, reflecting heavy capital investment rather than weak cash generation.

Returns

Abacus Global Management's ROE of 8.7% shows moderate profitability relative to equity, earning a score of 50/100. This is up from -5.7% the prior year.

Piotroski F-Score Neutral

4/9

Abacus Global Management passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Low Quality

-0.70x

For every $1 of reported earnings, Abacus Global Management generates $-0.70 in operating cash flow (-$25.7M OCF vs $36.5M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage Adequate

2.3x

Abacus Global Management earns $2.3 in operating income for every $1 of interest expense ($88.8M vs $38.8M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue

$235.2M

YoY+110.2%

Abacus Global Management generated $235.2M in revenue in fiscal year 2025. This represents an increase of 110.2% from the prior year.

EBITDA

$107.4M

YoY+1429.0%

Abacus Global Management's EBITDA was $107.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 1429.0% from the prior year.

Net Income

$36.5M

YoY+252.4%

Abacus Global Management reported $36.5M in net income in fiscal year 2025. This represents an increase of 252.4% from the prior year.

EPS (Diluted)

$0.36

YoY+205.9%

Abacus Global Management earned $0.36 per diluted share (EPS) in fiscal year 2025. This represents an increase of 205.9% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$26.6M

YoY+87.3%

Abacus Global Management generated -$26.6M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 87.3% from the prior year.

Cash & Debt

$38.1M

YoY-71.1%

Abacus Global Management held $38.1M in cash against $289.9M in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

97M

YoY+1.9%

Abacus Global Management had 97M shares outstanding in fiscal year 2025. This represents an increase of 1.9% from the prior year.

Margins & Returns

Gross Margin

87.7%

YoY-2.1pp

Abacus Global Management's gross margin was 87.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 2.1 percentage points from the prior year.

Operating Margin

37.7%

YoY+38.5pp

Abacus Global Management's operating margin was 37.7% in fiscal year 2025, reflecting core business profitability. This is up 38.5 percentage points from the prior year.

Net Margin

15.5%

YoY+36.9pp

Abacus Global Management's net profit margin was 15.5% in fiscal year 2025, showing the share of revenue converted to profit. This is up 36.9 percentage points from the prior year.

Return on Equity

8.7%

YoY+14.4pp

Abacus Global Management's ROE was 8.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 14.4 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$43.8M

YoY+307.6%

Abacus Global Management spent $43.8M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 307.6% from the prior year.

Capital Expenditures

$931K

YoY+18.5%

Abacus Global Management invested $931K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 18.5% from the prior year.

ABLLL Income Statement

Metric	FY25	FY24	FY23	FY22	FY21
Revenue	$235.2M+110.2%	$111.9M+68.6%	$66.4M+48.5%	$44.7M	N/A
Cost of Revenue	$28.9M+153.8%	$11.4M+75.2%	$6.5M+10.3%	$5.9M	N/A
Gross Profit	$206.4M+105.2%	$100.6M+67.8%	$59.9M+54.3%	$38.8M	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$87.8M+7.4%	$81.7M+208.6%	$26.5M+1756.0%	$1.4M	N/A
Operating Income	$88.8M+10091.8%	-$888K-103.7%	$24.1M-28.3%	$33.7M	N/A
Interest Expense	$38.8M+112.2%	$18.3M+85.3%	$9.9M+22954.4%	$43K	N/A
Income Tax	$15.4M+181.4%	$5.5M+273.5%	$1.5M+65.0%	$890K	N/A
Net Income	$36.5M+252.4%	-$24.0M-351.8%	$9.5M-70.0%	$31.7M+100.0%	$15.8M
EPS (Diluted)	$0.36+205.9%	$-0.34-312.5%	$0.16-74.6%	$0.63	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$59.4M-17.4%	$71.9M+14.2%	$63.0M+12.0%	$56.2M+27.4%	$44.1M+32.9%	$33.2M+18.0%	$28.1M-3.2%	$29.1M
Cost of Revenue	$6.3M-21.5%	$8.0M+5.0%	$7.7M+26.4%	$6.1M-14.8%	$7.1M+91.1%	$3.7M+70.0%	$2.2M-20.2%	$2.7M
Gross Profit	$53.1M-16.9%	$63.9M+15.4%	$55.3M+10.3%	$50.2M+35.5%	$37.0M+25.6%	$29.5M+13.6%	$26.0M-1.4%	$26.3M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$25.9M-18.9%	$31.9M+29.1%	$24.7M+30.5%	$18.9M+54.3%	$12.3M-69.6%	$40.3M+160.4%	$15.5M+6.4%	$14.6M
Operating Income	$18.3M-19.6%	$22.8M+1.7%	$22.4M-0.5%	$22.5M+7.1%	$21.0M+225.4%	-$16.8M-344.7%	$6.8M+1.2%	$6.8M
Interest Expense	$10.5M-2.2%	$10.7M+9.7%	$9.7M+11.3%	$8.8M-9.0%	$9.6M+64.1%	$5.9M+39.0%	$4.2M-6.9%	$4.5M
Income Tax	$3.8M-12.6%	$4.3M-7.6%	$4.7M+15.3%	$4.1M+74.4%	$2.3M-16.8%	$2.8M+1219.9%	-$250K-114.2%	$1.8M
Net Income	$7.3M+0.5%	$7.2M+2.1%	$7.1M-59.8%	$17.6M+279.0%	$4.6M+125.4%	-$18.3M-256.2%	-$5.1M-765.6%	$770K
EPS (Diluted)	$0.07	N/A	$0.07-61.1%	$0.18+260.0%	$0.05	N/A	$-0.07-800.0%	$0.01

ABLLL Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21
Total Assets	$902.2M+3.2%	$874.2M+163.4%	$331.8M+461.5%	$59.1M-82.9%	$346.0M
Current Assets	$69.6M-56.4%	$159.6M+402.1%	$31.8M-4.5%	$33.3M+3422.9%	$945K
Cash & Equivalents	$38.1M-71.1%	$131.9M+415.6%	$25.6M-14.9%	$30.1M+29242.7%	$102K
Inventory	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A
Goodwill	$252.8M+6.1%	$238.3M+69.9%	$140.3M	$0	N/A
Total Liabilities	$478.7M+6.2%	$450.9M+168.8%	$167.8M+116.5%	$77.5M-79.3%	$374.2M
Current Liabilities	$148.6M+137.9%	$62.5M+167.8%	$23.3M+1691.0%	$1.3M-20.8%	$1.6M
Long-Term Debt	$289.9M-15.3%	$342.4M	N/A	N/A	N/A
Total Equity	$418.5M-1.1%	$423.3M+158.0%	$164.1M+992.2%	-$18.4M+34.9%	-$28.2M
Retained Earnings	-$41.6M+28.1%	-$57.9M-66.7%	-$34.7M-236.2%	$25.5M+190.2%	-$28.3M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$829.8M-8.0%	$902.2M-1.8%	$918.9M+8.3%	$848.4M-1.0%	$856.5M-2.0%	$874.2M+83.1%	$477.3M-1.4%	$483.9M
Current Assets	$68.3M-1.8%	$69.6M-49.6%	$138.2M+30.4%	$105.9M+72.3%	$61.5M-61.5%	$159.6M+418.1%	$30.8M-69.7%	$101.6M
Cash & Equivalents	$37.2M-2.4%	$38.1M-55.9%	$86.4M+15.5%	$74.8M+71.0%	$43.8M-66.8%	$131.9M+579.8%	$19.4M-78.7%	$91.3M
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	$252.8M0.0%	$252.8M+1.5%	$249.0M+4.2%	$238.9M+0.3%	$238.3M0.0%	$238.3M+70.3%	$139.9M0.0%	$139.9M
Total Liabilities	$407.2M-14.9%	$478.7M-0.1%	$479.3M+12.3%	$426.8M+1.4%	$420.9M-6.6%	$450.9M+105.5%	$219.4M-3.4%	$227.0M
Current Liabilities	$35.8M-75.9%	$148.6M+0.1%	$148.4M+5.9%	$140.2M+7.2%	$130.8M+109.4%	$62.5M+161.8%	$23.9M-56.9%	$55.4M
Long-Term Debt	$328.5M+13.3%	$289.9M0.0%	$289.8M	N/A	N/A	$342.4M	N/A	N/A
Total Equity	$417.6M-0.2%	$418.5M-3.7%	$434.6M+4.3%	$416.5M-3.3%	$430.6M+1.7%	$423.3M+64.1%	$257.9M+0.4%	$256.8M
Retained Earnings	-$34.5M+17.2%	-$41.6M-44.3%	-$28.9M+19.3%	-$35.8M+32.8%	-$53.3M+8.0%	-$57.9M-46.1%	-$39.6M-14.8%	-$34.5M

ABLLL Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21
Operating Cash Flow	-$25.7M+87.7%	-$208.8M-226.0%	-$64.0M-698.9%	$10.7M+964.8%	-$1.2M
Capital Expenditures	$931K+18.5%	$786K+314.5%	$190K	$0	N/A
Free Cash Flow	-$26.6M+87.3%	-$209.6M-226.3%	-$64.2M-700.7%	$10.7M	N/A
Investing Cash Flow	-$23.3M-369.8%	-$5.0M-321.1%	$2.2M+160.5%	-$3.7M	N/A
Financing Cash Flow	-$44.9M-114.0%	$320.1M+458.3%	$57.3M+149.7%	$23.0M+1430.8%	$1.5M
Dividends Paid	$19.6M	$0-100.0%	$34.5M+438.3%	$6.4M	N/A
Share Buybacks	$43.8M+307.6%	$10.7M+737.2%	$1.3M	$0	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	$91.7M+1332.4%	-$7.4M+77.3%	-$32.8M-143.0%	$76.1M+223.6%	-$61.6M+33.0%	-$92.0M-75.9%	-$52.3M+22.0%	-$67.1M
Capital Expenditures	$134K+19.0%	$112K-34.5%	$172K-59.4%	$423K+88.5%	$224K+16.4%	$193K-20.5%	$243K+28.2%	$189K
Free Cash Flow	$91.6M+1312.3%	-$7.6M+77.1%	-$32.9M-143.5%	$75.7M+222.4%	-$61.8M+32.9%	-$92.2M-75.5%	-$52.5M+21.9%	-$67.2M
Investing Cash Flow	-$932K+90.0%	-$9.3M-3843.8%	-$236K+97.6%	-$10.0M-167.5%	-$3.7M+1.3%	-$3.8M-739.8%	-$451K+2.4%	-$462K
Financing Cash Flow	-$91.7M-190.4%	-$31.6M-170.8%	$44.6M+227.3%	-$35.0M-53.3%	-$22.9M-111.0%	$208.3M+1186.2%	-$19.2M-120.5%	$93.5M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$14.5M+160.9%	$5.5M+73.5%	$3.2M-90.9%	$35.1M	$0	$0	$0-100.0%	$3.2M

ABLLL Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21
Gross Margin	87.7%-2.1pp	89.8%-0.4pp	90.2%+3.4pp	86.8%	N/A
Operating Margin	37.7%+38.5pp	-0.8%-37.1pp	36.3%-39.0pp	75.3%	N/A
Net Margin	15.5%+36.9pp	-21.4%-35.7pp	14.3%-56.5pp	70.9%	N/A
Return on Equity	8.7%+14.4pp	-5.7%-11.5pp	5.8%	N/A	N/A
Return on Assets	4.0%+6.8pp	-2.7%-5.6pp	2.9%-50.7pp	53.6%+49.0pp	4.6%
Current Ratio	0.47-2.1	2.55+1.2	1.36-24.2	25.55+25.0	0.57
Debt-to-Equity	0.69-0.1	0.81-0.2	1.02+5.2	-4.21+9.0	-13.25
FCF Margin	-11.3%+176.0pp	-187.3%-90.5pp	-96.7%-120.7pp	23.9%	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	89.4%+0.6pp	88.8%+1.0pp	87.8%-1.4pp	89.2%+5.3pp	83.9%-4.9pp	88.8%-3.4pp	92.2%+1.7pp	90.6%
Operating Margin	30.9%-0.9pp	31.7%-3.9pp	35.6%-4.5pp	40.1%-7.6pp	47.6%+98.1pp	-50.5%-74.8pp	24.3%+1.1pp	23.3%
Net Margin	12.2%+2.2pp	10.1%-1.2pp	11.2%-20.0pp	31.3%+20.8pp	10.5%+65.5pp	-55.0%-36.8pp	-18.2%-20.9pp	2.6%
Return on Equity	1.7%0.0pp	1.7%+0.1pp	1.6%-2.6pp	4.2%+3.1pp	1.1%+5.4pp	-4.3%-2.3pp	-2.0%-2.3pp	0.3%
Return on Assets	0.9%+0.1pp	0.8%+0.0pp	0.8%-1.3pp	2.1%+1.5pp	0.5%+2.6pp	-2.1%-1.0pp	-1.1%-1.2pp	0.2%
Current Ratio	1.91+1.4	0.47-0.5	0.93+0.2	0.76+0.3	0.47-2.1	2.55+1.3	1.29-0.5	1.84
Debt-to-Equity	0.79+0.1	0.69+0.0	0.67-0.4	1.02+0.0	0.98+0.2	0.81-0.0	0.85-0.0	0.88
FCF Margin	154.2%+164.7pp	-10.5%+41.8pp	-52.3%-186.9pp	134.6%+274.7pp	-140.1%+137.5pp	-277.5%-90.9pp	-186.6%+44.7pp	-231.3%

Note: The current ratio is below 1.0 (0.47), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Frequently Asked Questions

What is Abacus Global Management's annual revenue?

Abacus Global Management (ABLLL) reported $235.2M in total revenue for fiscal year 2025. This represents a 110.2% 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 (ABLLL) revenue grew by 110.2% year-over-year, from $111.9M to $235.2M in fiscal year 2025.

Is Abacus Global Management profitable?

Yes, Abacus Global Management (ABLLL) reported a net income of $36.5M in fiscal year 2025, with a net profit margin of 15.5%.

What is Abacus Global Management's EBITDA?

Abacus Global Management (ABLLL) had EBITDA of $107.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Abacus Global Management have?

As of fiscal year 2025, Abacus Global Management (ABLLL) had $38.1M in cash and equivalents against $289.9M in long-term debt.

What is Abacus Global Management's gross margin?

Abacus Global Management (ABLLL) had a gross margin of 87.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Abacus Global Management's operating margin?

Abacus Global Management (ABLLL) had an operating margin of 37.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Abacus Global Management's net profit margin?

Abacus Global Management (ABLLL) had a net profit margin of 15.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Abacus Global Management's return on equity (ROE)?

Abacus Global Management (ABLLL) has a return on equity of 8.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Abacus Global Management's free cash flow?

Abacus Global Management (ABLLL) generated -$26.6M in free cash flow during fiscal year 2025. This represents a 87.3% 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 (ABLLL) generated -$25.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Abacus Global Management's total assets?

Abacus Global Management (ABLLL) had $902.2M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Abacus Global Management's capital expenditures?

Abacus Global Management (ABLLL) invested $931K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Abacus Global Management buy back shares?

Yes, Abacus Global Management (ABLLL) spent $43.8M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Abacus Global Management have outstanding?

Abacus Global Management (ABLLL) had 97M shares outstanding as of fiscal year 2025.

What is Abacus Global Management's current ratio?

Abacus Global Management (ABLLL) had a current ratio of 0.47 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Abacus Global Management's debt-to-equity ratio?

Abacus Global Management (ABLLL) had a debt-to-equity ratio of 0.69 as of fiscal year 2025, 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 (ABLLL) had a return on assets of 4.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Abacus Global Management's cash runway?

Based on fiscal year 2025 data, Abacus Global Management (ABLLL) had $38.1M in cash against an annual operating cash burn of $25.7M. This gives an estimated cash runway of approximately 18 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 (ABLLL) has a Piotroski F-Score of 4 out of 9, indicating neutral 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 to 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 (ABLLL) has an earnings quality ratio of -0.70x, 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 (ABLLL) has an interest coverage ratio of 2.3x, meaning it can adequately 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 (ABLLL) scores 44 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.