Proactive - Interviews for investors

Abacus Global Management delivers record earnings, raises 2025 outlook on strong growth

Episode Summary

Abacus Global Management CEO Jay Jackson joined Steve Darling from Proactive to announce record quarterly earnings and an upgraded 2025 earnings outlook, driven by surging demand for the company’s life solutions offerings and the expansion of its asset management platform. For the quarter ending June 2025, total revenue soared 93% year-over-year to $56.2 million, while adjusted net income climbed 87% to $21.9 million. On the back of this strong performance, Abacus raised its 2025 adjusted earnings forecast to $74 million–$80 million, up from its previous range of $70 million–$78 million. Origination capital deployment reached $121.8 million, up from $104.7 million in the prior-year period, and the number of life insurance policies held increased from 458 to 600. Adjusted EBITDA rose 89% to $31.5 million, maintaining a robust 56.1% margin, while return on invested capital stood at 22% and return on equity at 21%. As of quarter-end, Abacus held $74.8 million in cash and $387.3 million in balance sheet policy assets, providing a solid foundation for continued growth. Additionally, the company announced a minority investment in Dynasty Financial Partners, a leading provider of technology-enabled wealth management solutions for independent financial advisors. As a member of Dynasty’s network, Abacus gains access to integrated technology, services, asset management programs, capital solutions, and investment banking support. Dynasty currently has 57 network partner firms with more than $105 billion in platform assets. #proactiveinvestors #abacusglobalmanagement #nasdaq #abl #JayJackson #EarningsBeat #FinancialGrowth #LifeSettlements #InvestorDemand #CashFlow #AssetManagement #2025Outlook #ProactiveInvestors