Abacus Life prelim Q3 revenue $26-28M (+23-33% YoY); adj. EBITDA $14-16M (+30-48% YoY)

Abacus Global Management, Inc.

2024-Q3 EPS reported -$0.09 revenue$78,711,777

Total revenue prelim $26-28M vs $21.2M in Q3 2023, 23-33% YoY growth.
GAAP net loss of ($6.0)-($6.75)M driven by non-cash warrant liability increase of $8-9M.
Adjusted EBITDA prelim $14-16M, up 30-48% YoY from $10.8M in Q3 2023.
Completed acquisitions of Carlisle Management and FCF Advisors; launched PREADISAN actuarial tech.
Full Q3 results and conference call scheduled for November 7, 2024.

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