Abacus Global Management, Inc. reported exceptional first quarter 2025 results on May 8, 2025, with total revenue more than doubling year-over-year to $44.1 million. Adjusted Net Income surged 158% year-over-year to $17.3 million, and Adjusted EBITDA more than doubled to $24.5 million. The company also reported GAAP Net Income of $4.6 million.
The company's longevity funds attracted $122.8 million in capital inflows during the quarter, demonstrating significant momentum in its asset management business. Abacus Global Management is maintaining its full year 2025 outlook for Adjusted Net Income between $70 million and $78 million, implying 51% to 68% growth compared to full year 2024.
As of March 31, 2025, the company had cash and cash equivalents of $43.8 million, balance sheet policy assets of $448.1 million, and outstanding long-term debt of $238.0 million. These results underscore the resilience and appeal of Abacus's business model in serving both policyholders seeking liquidity and investors pursuing uncorrelated alternative assets.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.