Abacus Global Management, Inc. · NYSE:ABX
Abacus Global Management — Q1 2025 Earnings Presentation
27 slides from Abacus Global Management's earnings presentation, May 8, 2025
Slide 1: Investor Presentation
Investor Presentation May 8, 2025
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: Abacus Global Management Overview
Abacus Global Management Overview Established in 2004, Abacus is a global alternative asset manager, revolutionizing financial services through expert asset management and data-driven lifespan insights ~$3 Billion Technology- ~160 2 Offices and 4 20 Years in AUM First Approach Employees Representati
Slide 4: Where Technology, Longevity, and Asset Management Converge
Where Technology, Longevity, and Asset Management Converge ` 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 eve
Slide 5: The Abacus Advantage: Four Verticals, One Vision
The Abacus Advantage: Four Verticals, One Vision Abacus Life Solutions Abacus Asset Group The Growth Engine The Foundation Delivering superior risk-adjusted Transforming life insurance into a returns through tailored high-performing asset class investment strategies ABL Tech Abacus Wealth Advisors T
Slide 6: Maximizing Shareholder Value
Maximizing Shareholder Value Abacus is strategically enhancing shareholder value through a multifaceted approach that includes robust financial performance, technological innovation, and strategic acquisitions Growth – Q1 2025 YoY Revenue Growth YoY Growth in Capital Deployed Total Inflows1 105% 131
Slide 7: At Abacus We Control Our Destiny
Building and Owning Asset Origination is the Key Driver of Our Business At Abacus We Control Our Destiny 7
Slide 8: Abacus Life Solutions: Transforming Life Insurance into Investment Alpha
Abacus Life Solutions: Transforming Life Insurance into Investment Alpha Our Life Solutions division combines deep industry expertise with proprietary technology to source, price, and manage secondary life insurance assets at scale, creating unique investment opportunities unavailable to traditional
Slide 9: Abacus Asset Group: Scaling our Investment Platform
Abacus Asset Group: Scaling our Investment Platform Our asset management business specializes in uncorrelated and longevity-based assets, fixed-income replacement strategies, and free-cash flow based investment solutions 2023 Growth 2025 Future AUM AUM AUM +24x $125mm ~$3bn $10bn+ Strategy Strategy
Slide 10: Abacus Wealth Advisors: Personalized Financial Planning Based on Longevity
Abacus Wealth Advisors: Personalized Financial Planning Based on Longevity The build out of Abacus Wealth Advisors capitalizes on synergies amongst our other business verticals Asset origination Abacus Life Abacus Asset Solutions Group Abacus Wealth Advisors Longevity data and technology ABL Tech 10
Slide 11: ABL Tech: Innovating the Future of Financial Services
ABL Tech: Innovating the Future of Financial Services Delivers fast, accurate insights through advanced data analytics—helping individuals, pension funds, government agencies, and others make smarter longevity-based financial decisions Real-time mortality verification utilizing AI and MVerify® exten
Slide 12: Abacus Investor Day and Longevity Summit | June 11-12, 2025 | NYC
Abacus Investor Day and Longevity Summit | June 11-12, 2025 | NYC The 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 fut
Slide 13: Financial Information
ABACUS GLOBAL MANAGEMENT, INC. Financial Information
Slide 14: Abacus Earnings Framework
Abacus Earnings Framework Principal Total Fee Related Expenses & Adjusted Investing Operating Earnings Taxes Net Income Earnings Earnings Asset Active Abacus Life Interest Management Management Solutions Expense, Net Fees Performance Abacus Asset Taxes on Adj. Servicing Income Group
Slide 15: Q1 2025 Financial Performance Highlights
Q1 2025 Financial Performance Highlights Key Quarterly Achievements Q1 2025 vs. Q1 2024 Performance Accelerated revenue and profitability growth 1 while executing on strategic initiatives, resulting in strong performance for the quarter 105% 111% 158% Total Revenue, Adjusted EBITDA, and Adjusted 2 N
Slide 16: Confirming FY 2025 Guidance
Confirming FY 2025 Guidance FY2025 Financial Outlook Annual Guidance | Investor Presentation | May 8th, 2025 Metric FY 2024 Actual FY 2025 Guidance YoY Change (%) Adjusted Net Income $46.5 million $70 million - $78 million +51% to +68% Key Assumptions and Commentary We believe we are well-position
Slide 17: Consolidated Proforma Historical Financial KPIs (Q1 2023 – Q1 2025)
Consolidated Proforma Historical Financial KPIs (Q1 2023 – Q1 2025) ($ in millions) ($ in millions) Revenue Adjusted Net Income1 ($ in millions) ($ in millions) $44.1 $33.2 $17.3 $29.1 $28.1 $14.9 $23.6 $13.4 $11.8 $21.1 $21.5 $9.2 $7.6 $11.4 $6.8 $6.7 $10.2 $5.9 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2
Slide 18: Additional KPIs (Q1 2023 – Q1 2025)
Additional KPIs (Q1 2023 – Q1 2025) Gross Assets Under Management Fee Paying Assets Under Management1 $3.1B $2.72B $2.78B $2.9B $241.2M $327.9M Balance Sheet Longevity Funds $1.9B $2.0B $1.9B $2.0B Longevity Funds ETFs ETFs $778.6M $758.5M $778.6M $758.5M Q4 2024 Q1 2025 Q4 2024 Q1 2025 Capital Depl
Slide 19: Appendix
ABACUS GLOBAL MANAGEMENT, INC.
Slide 20: Q1 2025 Financial Information: Income Statement
Q1 2025 Financial Information Abacus Global Management, Inc. Income Statement Three Months Ended March 31, 2025 2024 REVENUES: Asset management $7,773,077 $217,935 Life solutions 36,298,657 21,269,249 Technology services 67,612 — Total revenues 44,139,346 21,487,184 COST OF REVENUES (excluding depre
Slide 21: Q1 2025 Financial Information (cont'd): Income Statement
Q1 2025 Financial Information (cont’d) Abacus Global Management, Inc. Income Statement Three Months Ended March 31, 2025 2024 OTHER INCOME (EXPENSE): Change in fair value of warrant liability (4,806,000) 946,960 Interest expense (9,618,330) (3,670,445) Interest income 1,175,001 421,426 Other expense
Slide 22: Q1 2025 Financial Information (cont'd): Adjusted Net Income
Q1 2025 Financial Information (cont’d) Abacus Global Management, Inc. Adjusted Net Income Three Months Ended March 31, 2025 2024 NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS $4,639,583 $ (1,348,745) Net income (loss) attributable to noncontrolling interests 759,443 73,274 Stock based compensation
Slide 23: Q1 2025 Financial Information (cont'd): Adjusted EBITDA
Q1 2025 Financial Information (cont’d) Abacus Global Management, Inc. Adjusted EBITDA Three Months Ended March 31, 2025 2024 NET INCOME (LOSS) $5,399,026 $ (1,275,471) Depreciation and amortization expense 4,758,546 1,682,054 Income tax expense 2,334,085 1,173,513 Interest expense 9,618,330 3,670,44
Slide 24: Balance Sheet (assets)
Q4 2024 Financial Information (cont’d) Abacus Global Management, Inc. Balance Sheet March 31, December 31, 2025 2024 (unaudited) ASSETS CURRENT ASSETS: Cash and cash equivalents $43,761,731 $131,944,282 Accounts receivable 6,251,043 15,785,531 Accounts receivable, related party 6,196,493 7,113,369 D
Slide 25: Balance Sheet (liabilities)
Q4 2024 Financial Information (cont’d) Abacus Global Management, Inc. Balance Sheet March 31, December 31, 2025 2024 (unaudited) LIABILITIES, MEZZANINE EQUITY, AND STOCKHOLDERS' EQUITY CURRENT LIABILITIES: Current portion of long-term debt, at fair value $117,094,610 $37,430,336 Current portion of l
Slide 26: Balance Sheet (equity)
Q1 2025 Financial Information (cont’d) Abacus Global Management, Inc. Balance Sheet March 31, December 31, 2025 2024 (unaudited) COMMITMENTS AND CONTINGENCIES (Note 12) MEZZANINE EQUITY Series A convertible preferred stock, $0.0001 par value; 5,000 shares authorized; 5,000 issued and 5,000,000 — out
Slide 27: Abacus Global Management, Inc.
ABACUS GLOBAL MANAGEMENT, INC.
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