earnings
confidence high
sentiment positive
materiality 0.85
Abacus Q2 revenue nearly doubles to $56.2M, raises full-year adjusted net income outlook
Abacus Global Management, Inc.
2025-Q2 EPS reported
$0.23
revenue$100,363,966
- Q2 total revenue $56.2M (up 93% YoY); GAAP net income $17.6M vs $0.7M prior year.
- Adjusted net income grew 87% to $21.9M; adjusted EBITDA $31.5M (up 89%); diluted adjusted EPS $0.22.
- Raised FY 2025 adjusted net income outlook to $74M-$80M (from $70M-$78M), implying 59-72% YoY growth.
- New $20M share repurchase program authorized; completed warrant exchange eliminating all outstanding warrants.
- Longevity funds attracted $123.1M in capital inflows; introduced KPIs: annualized turnover 2.3x, avg realized gain 26.3%.
item 2.02item 9.01