Abacus Global Management, Inc. · NYSE:ABX
Abacus Global Management — Q4 2024 Earnings Presentation
23 slides from Abacus Global Management's earnings presentation, Mar 27, 2025
Slide 1: Investor Presentation
Investor Presentation 03.27.25
Slide 2: Disclaimer
Disclaimer General. This presentation (this “Presentation”) is provided solely for informational purposes. This Presentation is subject to update, completion, revision, verification and further amendment without notice. None of Abacus Global Management, Inc. (the “Company”, "Abacus", Abacus Global M
Slide 3: Mission Statement
Mission Statement | Abacus Global Management, Inc. ` Our mission at Abacus is to revolutionize financial services through expert asset management and data-driven lifespan insights, leveraging advanced technology to deliver personalized solutions that optimize financial well-being across every stage
Slide 4: Strategic Vision
Strategic Vision | Abacus Global Management, Inc. “Abacus envisions a future where financial decisions are transformed by the powerful intersection of technology, longevity data, and expert asset management. Through our four integrated verticals—Life Solutions, Asset Management, Private Wealth Manag
Slide 5: Business Verticals
Business Verticals | Abacus Global Management, Inc. Since 2004, Abacus has The asset management division Leveraging more than two Building on decades of purchased over $10 billion in serves primarily institutional decades of proprietary data and experience and proprietary face value of life insuranc
Slide 6: Our Products | Abacus Asset Group
Our Products | Abacus Asset Group Public Offerings Ticker Abacus Domestic Private Funds ABL Common Shares ABL ABL Warrants ABLLW LMA Income II Fund ABL Baby Bonds ABLLL Abacus Enhanced Income Fixed/Plus Abacus Premier Income Fixed/Plus Abacus FCF Leaders ETF ABFL Abacus FCF International Leaders ETF
Slide 7: Landmark Acquisitions and Partnerships Adding Further Scale and Capabilities
Landmark Acquisitions and Partnerships Adding Further Scale and Capabilities Two Key Acquisitions within Abacus Asset Group to Increase Asset and Wealth Management Opportunities Leading Luxembourg-based investment manager in the Asset manager and index provider specializing Description life settleme
Slide 8: Milestones in ABL Tech's Journey: From Launch to Nationwide Expansion
Milestones in ABL Tech’s Journey: From Launch to Nationwide Expansion ABL Tech has been a game-changer for us. Your solution has saved us hundreds of thousands of dollars, and the level of customer service is truly exceptional. We couldn’t be more pleased with the partnership! — California County Pe
Slide 9: Abacus Investor Day and Longevity Summit | June 11-12, 2025 | NYC
Abacus Investor Day and Longevity Summit | June 11-12, 2025 | NYC Abacus Investor Day and Longevity Summit is a one-day, specialized event focused on applying lifespan to financial products. Abacus will inform its shareholders about the company’s business model, current ABL products, and the future
Slide 10: Financial Information
ABACUS GLOBAL MANAGEMENT, INC. Financial Information
Slide 11: Abacus Global Management (ABL) – FY 2025 Guidance
Abacus Global Management (ABL) – FY 2025 Guidance FY2025 Financial Outlook Annual Guidance | Investor Presentation | March 27, 2025 Metric FY 2024 Actual FY 2025 Guidance YoY Change (%) Adjusted Net Income $46.5 million $70 million - $78 million +51% to +68% Key Assumptions and Commentary We belie
Slide 12: 4th Quarter Financial Summary
4th Quarter Financial Summary Key Performance Indicators Strong 4th quarter driven by increased active management revenue from policy purchases Q4 2024 Compared to Q4 2023 and trading activity Capital deployed increased over Q4 2023 by 40% 50% 126% +85% Adj. EBITDA Adj. Net Income Revenue % Increase
Slide 13: Consolidated Proforma Historical Financial KPIs (Q1 2023 – Q4 2024)
Consolidated Proforma Historical Financial KPIs (Q1 2023 – Q4 2024) Revenue Adjusted Net Income1 ($ in millions) ($ in millions) $33.2 $29.1 $28.1 $23.6 $21.1 $21.5 $14.9 $13.4 $11.8 $9.2 $11.4 $7.6 $10.2 $6.8 $6.7 $5.9 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2023 Q2 2023
Slide 14: Additional Origination KPIs (Q1 2023 – Q4 2024)
Additional Origination KPIs (Q1 2023 – Q4 2024) Capital Deployed for Policy Originations Number of Policies Originated ($ in millions) 326 267 275 278 $126.5 $104.7 208 $93.2 181 $68.3 136 $59.8 $56.4 $54.6 108 $34.4 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2023 Q2 2023 Q3
Slide 15: Appendix
ABACUS GLOBAL MANAGEMENT, INC.
Slide 16: Q4 2024 Financial Information: Income Statement
Q4 2024 Financial Information Abacus Global Management, Inc. Income Statement Three Months Ended Years Ended December 31, December 31, 12/31/2024 12/31/2023 12/31/2024 12/31/2023 REVENUES: Active management $ 29,041,030 $ 21,274,316 $ 102,819,361 $ 61,195,377 Origination fees 1,062,910 2,233,683 5,4
Slide 17: Q4 2024 Financial Information (cont'd): Income Statement
Q4 2024 Financial Information (cont’d) Abacus Global Management, Inc. Income Statement Three Months Ended Years Ended December 31, December 31, 12/31/2024 12/31/2023 12/31/2024 12/31/2023 OTHER INCOME (EXPENSE): Loss on change in fair value of warrant liability 5,785,000 (3,260,960) (2,702,040) (4,2
Slide 18: Q4 2024 Financial Information (cont'd): Adjusted Net Income
Q4 2024 Financial Information (cont’d) Abacus Global Management, Inc. Adjusted Net Income Full Year Full Year 2024 2023 Q4 2024 Q4 2023 Adjusted Net Income and Adjusted EPS Net income attributable to Abacus Global Management, Inc. $ (23,961,050) $ 9,516,626 $ (18,257,233) $ (6,222,383) Net income at
Slide 19: Q4 2024 Financial Information (cont'd): Adjusted EBITDA
Q4 2024 Financial Information (cont’d) Abacus Global Management, Inc. Adjusted EBITDA Full Year Full Year Adjusted EBITDA 2024 2023 Q4 2024 Q4 2023 Net income $ (24,918,037) $ 9,034,487 $ (19,009,504) $ (6,364,830) Depreciation and Amortization 7,910,159 3,409,928 2,732,374 1,712,934 Interest expens
Slide 20: Q4 2024 Financial Information (cont'd): Balance Sheet
Q4 2024 Financial Information (cont’d) Abacus Global Management, Inc. Balance Sheet As Of As Of 12/31/2024 12/31/2023 ASSETS CURRENT ASSETS: Cash and cash equivalents $ 131,944,282 $ 25,588,668 Equity securities, at fair value - 2,252,891 Accounts receivable 15,785,531 2,149,111 Accounts receivable,
Slide 21: Q4 2024 Financial Information (cont'd): Balance Sheet
Q4 2024 Financial Information (cont’d) Abacus Global Management, Inc. Balance Sheet As Of As Of 12/31/2024 12/31/2023 LIABILITIES AND STOCKHOLDERS' EQUITY CURRENT LIABILITIES: Current portion of long-term debt, at fair value $ 37,430,336 $ 13,029,632 Current portion of long-term debt 1,000,000 - Acc
Slide 22: Q4 2024 Financial Information (cont'd): Balance Sheet
Q4 2024 Financial Information (cont’d) Abacus Global Management, Inc. Balance Sheet As Of As Of 12/31/2024 12/31/2023 LIABILITIES AND STOCKHOLDERS' EQUITY Preferred stock, $0.0001 par value; 1,000,000 authorized shares authorized; none issued - - or outstanding Class A common stock, $0.0001 par valu
Slide 23: Abacus Global Management, Inc.
ABACUS GLOBAL MANAGEMENT, INC.
Abacus Global Management — Q4 2024 Earnings Presentation on 6ix