Abacus Global Management, Inc. Income Statement
ABX / Financials|6 years of annual SEC 10-K data (FY2020-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 6 fiscal years. All figures from audited SEC 10-K filings.
Abacus Global Management, Inc. reported $235M in revenue and $37M in net income for FY2025. Revenue has grown at a 73.9% compound annual rate over the past 3 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.83 (distress zone, below 1.8 threshold)
- Negative profit margin: -21.4%
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $235.2M | $111.9M | $66.4M | $44.7M | - | - |
| Cost of Revenue | $28.9M | $11.4M | $6.5M | $5.9M | - | - |
| Gross Profit | $206.4M | $100.6M | $59.9M | $38.8M | - | - |
| SG&A Expense | $87.8M | $81.7M | $26.5M | $1.4M | - | - |
| Operating Income | $88.8M | -$888.3K | $24.1M | $33.7M | - | - |
| Interest Expense | - | - | $9.9M | $42.8K | - | - |
| Income Tax | $15.4M | $5.5M | $1.5M | $889.9K | - | - |
| Net Income | $36.5M | -$24.0M | $9.5M | $31.7M | $15.8M | -$10.8M |
| EPS (Basic) | -$0.34 | $0.17 | $0.17 | $0.63 | - | - |
| EPS (Diluted) | -$0.34 | $0.16 | $0.16 | $0.63 | - | - |
| Shares Outstanding | 95.7M | 63.2M | 63.2M | 50.4M | - | - |
| Gross Margin | 87.7% | 89.8% | 90.2% | 86.8% | - | - |
| Operating Margin | 37.7% | -0.8% | 36.3% | 75.3% | - | - |
| Profit Margin | 15.5% | -21.4% | 14.3% | - | - | - |