---
schema_version: "secwatch.filing_event.v1"
accession: "0001814287-24-000027"
form_type: "8-K"
ticker: "ABX"
cik: "0001814287"
company_name: "Abacus Global Management, Inc."
filed_at: "2024-03-21T23:59:59+00:00"
generated_at: "2026-06-04T10:17:49.064454+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Abacus Life Q4 revenue +25% YoY to $23.6M; originations capital +92% to $68.3M

## Summary
- Full year 2023 total revenue $79.6M (+14% YoY); originations capital deployment $218.9M (+46% YoY).
- Q4 2023 GAAP net loss $6.2M (vs $10.1M income prior) due to non-cash stock comp, warrant liability, and debt extinguishment charges.
- Q4 2023 adjusted net income $5.9M vs $11.0M prior year; full year adjusted net income $29.4M vs $32.4M prior year.
- Stock repurchase: 725,166 shares bought back at avg $11.20 for $8.1M; $6.9M remaining under $15M program.
- Completed public bond offering, raised additional $25M via 9.875% Notes, reducing interest rate by ~275 bps; launched ABL Tech subsidiary.

## SEC filing metadata
- accession: 0001814287-24-000027
- form_type: 8-K
- ticker: ABX
- cik: 0001814287
- company_name: Abacus Global Management, Inc.
- filed_at: 2024-03-21T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1814287/000181428724000027/0001814287-24-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1814287/000181428724000027/abl-20240321.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001814287-24-000027
- JSON: https://secwatch.observer/filing/0001814287-24-000027.json
- Plain text: https://secwatch.observer/filing/0001814287-24-000027.txt

## Key facts
- Earnings Releases
  Abacus Global Management, Inc. reported quarter ended December 31, 2023 results: revenue $23.6 million, net income $6.2 million.
  - Period: quarter ended December 31, 2023
  - Revenue: $23.6 million
  - Net income: $6.2 million
  - Result: reported results
  source text: Total revenue for the fourth quarter of 2023 grew 25% to $23.6 million, compared to $18.8 million in the prior-year period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1814287/000181428724000027/0001814287-24-000027-index.htm
- Earnings Releases
  Abacus Global Management, Inc. reported year ended December 31, 2023 results: revenue $79.6 million, net income $8.5 million.
  - Period: year ended December 31, 2023
  - Revenue: $79.6 million
  - Net income: $8.5 million
  - Result: reported results
  source text: On March 21, 2024, Abacus Life, Inc. announced the results of its operations and its financial condition for the year ended December 31, 2023. The full text of the earnings release is included here as Exhibit 99.1 hereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1814287/000181428724000027/0001814287-24-000027-index.htm
- Earnings Releases
  Abacus Global Management, Inc. reported year ended December 31, 2023 results: revenue $79.6 million, net income $8.5 million.
  - Period: year ended December 31, 2023
  - Revenue: $79.6 million
  - Net income: $8.5 million
  - Result: reported results
  source text: Full year 2023 total revenues were $79.6 million, an increase of 14% from the prior year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1814287/000181428724000027/0001814287-24-000027-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.