Abacus Life Inc - Class A (ABL) Company Profile & Statistics

Abacus Life Inc - Class A
ABL
(Nasdaq - US)
Closed
8.66
-0.20 (-2.26%)
in:usd•As of: Nov 21, 2024 15:59 UTC -5
After Market:8.31-0.35 (-4.04%)
Open
8.69
High
8.88
Low
8.66

About Abacus Life Inc - Class A

CEO

Jay Jackson

Headquarters

2101 park center drive, suite 200

orlando, fl 32835, united states

Auditor

GRANT THORNTON LLP

Employees

102

Share Holders

Website

https://abacuslife.com

Industry

investment managers

Sector

finance

Company Overview

Abacus Life Inc. is a buyer of life insurance policies and vertically integrated alternative asset manager specializing in specialty insurance products. Abacus Life Inc., formerly known as East Resources Acquisition Company, is based in ORLANDO, Fla.

Abacus Life Inc - Class A Statistics

Valuation Measures

Market Capitalization ²	622.59M
Enterprise Value	783.42M
Enterprise Value/EBITDA (ttm)	31.04
Price to Earnings Ratio (ttm)	21.61
Price to Book (mrq)	2.44
Price to Sales (ttm)	6.15
Price to Cash (ytd)	24.09

Profitability

Gross Margin (ttm)	90.77%
Operating Margin (ttm)	26.55%
Profit Margin (ttm)	-12.04%
Return on Equity (ttm)	12.88%
Return on Invested Capital (ttm)	-3.65%
Return on Assets (ttm)	6.51%

Income Statement

Revenue (ttm)	102.34M
Revenue Per Share (ttm)	1.37
Gross Profit (ttm)	93.03M
EBITDA (ttm)³	25.24M
Net Income Avi to Common (ttm)	-11.93M
Diluted EPS (ttm)	-0.18

Share Statistics

Beta (5Y Monthly)	0.15
52-Week Change	32.82%
S&P500 52-Week Change	30.55%
S&P500 Member	No
Stock Optionable	Yes
Total Shares Outstanding ¹	74.68M
Dividend Yield	0.00%
Float ⁴	15.53M
% Held by Insiders	79.20%
% Held by Institutions	0.00%

Balance Sheet

Total Cash (mrq)	22.43M
Total Cash Per Share (mrq)	0.30
Total Debt (mrq)	180.24M
Total Debt/Equity (mrq)	69.88%
Current Ratio (mrq)	1.29%
Quick Ratio (mrq)	1.29%
Book Value Per Share (mrq)	3.45

Cash Flow

Operating Cash Flow Per Share (ytd)	-1.56
Free Cash Flow (ytd)	-117.42M

Table Key

mrq = Most Recent Quarter

ttm = Trailing Twelve Months

ytd = Year To Date

Footnotes

Data provided by Zacks Investment Research or calculated by FXEmpire. Stock price provided by Xignite. All numbers are rounded to the closest decimal.

¹ Total Shares outstanding is taken from the most recently filed quarterly or annual report.

² Market Cap is calculated using total shares outstanding and the most recent share price.

³ EBITDA is calculated using methodology that may differ from that used by a company in its reporting.

⁴ The float is a measure of the number of shares available for trading by the public. It's calculated by taking the number of issued and outstanding shares minus any restricted stock, which might not be publicly traded.

Abacus Life Inc - Class A

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