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ABL (Abacus Global Management) Net Margin % : -54.97% (As of Dec. 2024)


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What is Abacus Global Management Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Abacus Global Management's Net Income for the three months ended in Dec. 2024 was $-18.3 Mil. Abacus Global Management's Revenue for the three months ended in Dec. 2024 was $33.2 Mil. Therefore, Abacus Global Management's net margin for the quarter that ended in Dec. 2024 was -54.97%.

The historical rank and industry rank for Abacus Global Management's Net Margin % or its related term are showing as below:

ABL' s Net Margin % Range Over the Past 10 Years
Min: -21.41   Med: 14.33   Max: 70.85
Current: -21.41


ABL's Net Margin % is ranked worse than
96.68% of 482 companies
in the Insurance industry
Industry Median: 8.375 vs ABL: -21.41

Abacus Global Management Net Margin % Historical Data

The historical data trend for Abacus Global Management's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Abacus Global Management Net Margin % Chart

Abacus Global Management Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Net Margin %
54.04 4.41 70.85 14.33 -21.41

Abacus Global Management Quarterly Data
Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -26.26 -6.28 2.65 -18.21 -54.97

Competitive Comparison of Abacus Global Management's Net Margin %

For the Insurance - Life subindustry, Abacus Global Management's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Abacus Global Management's Net Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Abacus Global Management's Net Margin % distribution charts can be found below:

* The bar in red indicates where Abacus Global Management's Net Margin % falls into.


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Abacus Global Management Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Abacus Global Management's Net Margin for the fiscal year that ended in Dec. 2024 is calculated as

Net Margin=Net Income (A: Dec. 2024 )/Revenue (A: Dec. 2024 )
=-23.961/111.924
=-21.41 %

Abacus Global Management's Net Margin for the quarter that ended in Dec. 2024 is calculated as

Net Margin=Net Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=-18.257/33.212
=-54.97 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Abacus Global Management  (NAS:ABL) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Abacus Global Management Net Margin % Related Terms

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Abacus Global Management Business Description

Traded in Other Exchanges
N/A
Address
2101 Park Center Drive, Suite 200, Orlando, FL, USA, 32835
Abacus Global Management Inc, formerly Abacus Life Inc is a vertically integrated alternative asset manager specializing in investing in life insurance products throughout the lifecycle of a life insurance policy.
Executives
Jay J Jackson director, officer: Chief Executive Officer 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
Sean Mcnealy director, 10 percent owner, officer: Co-Founder and President 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
Kevin Scott Kirby 10 percent owner, officer: Co-Founder and President 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
Matthew Ganovsky 10 percent owner, officer: Co-Founder and President 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
Adam Samuel Gusky officer: Chief Investment Officer RAND CAPITAL CORPORATION, 14 LAFAYETTE SQUARE, SUITE 2200, BUFFALO NY 14203
Mary Beth Schulte director 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
Van Katwijk Cornelis Michiel director 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
Mccauley William Hugh Jr officer: Chief Financial Officer 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
East Asset Management, Llc 10 percent owner 777 NW BEACON SQUARE BLVD., BOCA RATON FL 33487
Corbett Thomas Wingett Jr director 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
Karla Radka director 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
East Sponsor, Llc 10 percent owner C/O EAST RESOURCES ACQUISITION COMPANY, 7777 NW BEACON SQUARE BOULEVARD, BOCA RATON FL 33487
Terrence M. Pegula 10 percent owner C/O EAST RESOURCES ACQUISITION COMPANY, 7777 NW BEACON SQUARE BOULEVARD, BOCA RATON FL 33487
Alberta Investment Management Corp 10 percent owner 1600-10250 101 STREET NW, EDMONTON A0 T5J 3P4
Adage Capital Partners Gp, L.l.c. 10 percent owner 200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116