secwatch.observer — SEC 8-K summary
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Issuer:     Abacus Global Management, Inc. (ABX)
CIK:        0001814287
Form:       8-K
Filed at:   2025-03-28T23:59:59+00:00
Accession:  0001814287-25-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Abacus Q4 revenue $33.2M (+40% YoY); FY adj net income $46.5M; sees 2025 adj NI $70-78M
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- Q4 total revenue $33.2M (+40% YoY); policy originations 214, capital deployment $96.6M (+41% vs $68.3M prior year).
- Full-year total revenue $111.9M (+69% YoY); originations 1,034 (+63%); capital deployment $327.8M (+50%).
- GAAP net loss: Q4 $18.3M (vs loss $6.2M), FY $24.0M (vs income $9.5M); driven by non-cash stock comp and acquisition costs.
- Adjusted net income: Q4 $13.4M (more than double $5.9M), FY $46.5M (+58%); adjusted EBITDA FY $61.6M (+57%).
- FY2025 outlook: adjusted net income $70M-$78M, implying 51%-68% growth vs FY2024 adjusted net income $46.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1814287/000181428725000005/0001814287-25-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1814287/000181428725000005/abl-20250327.htm
  HTML page:      https://secwatch.observer/filing/0001814287-25-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer