Added to YB: 2025-07-14
Pitch date: 2025-07-11
ABL [bullish]
Abacus Global Management, Inc.
+69.13%
current return
Author Info
No bio for this author
Company Info
Abacus Global Management, Inc. operates as an alternative asset manager and market maker in the United States, Luxembourg, and internationally.
Market Cap
$768.5M
Pitch Price
$4.78
Price Target
N/A
Dividend
2.51%
EV/EBITDA
9.80
P/E
22.11
EV/Sales
4.87
Sector
Insurance
Category
growth
Abacus Global: High-Growth, High-Margin, and Highly Misunderstood?
ABL: Only public pure-play alternative asset manager for life-settlement assets. 90% gross margin, uncorrelated returns. Q1 rev +100% to $44.1m, adj EBITDA +111% to $24.5m. Trading at 6-7x 2025E earnings vs 30%+ revenue CAGR & ROE. Warrant exchange offer (5% dilution) key catalyst. Risks: litigation, SEC scrutiny of fair-value marks.
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