secwatch.observer — SEC 8-K summary
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Issuer:     Abacus Global Management, Inc. (ABX)
CIK:        0001814287
Form:       8-K
Filed at:   2025-08-08T23:59:59+00:00
Accession:  0001814287-25-000042
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Abacus Q2 revenue nearly doubles to $56.2M, raises full-year adjusted net income outlook
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1814287/000181428725000042/0001814287-25-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1814287/000181428725000042/abl-20250807.htm
  HTML page:      https://secwatch.observer/filing/0001814287-25-000042

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