Added to YB: 2025-04-03
Pitch date: 2025-04-02
ABL [neutral]
Abacus Global Management, Inc.
+10.08%
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
$7.28
Price Target
N/A
Dividend
2.51%
EV/EBITDA
9.80
P/E
22.11
EV/Sales
4.87
Sector
Insurance
Category
N/A
Investing Reflections - March 2025 - Abacus Global Management, Inc.
ABL (more research needed): Life settlements co. acquires/sells insurance policies. Unique win-win biz, massive untapped market. Passed due to earnings quality concerns, valuation uncertainty. Non-GAAP metrics include unrealized gains. Expect growth but significant dilution. Profitable biz poised to dominate, but growth rate unclear. More research needed.
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