Financial PerformanceABL reported results that beat expectations on revenue, adjusted EBITDA, and non-GAAP EPS, driven by strong contributions from its core life insurance settlements unit and new Asset Management unit.
Growth PotentialWith two asset management acquisitions, Abacus is positioned to more than double revenue and adjusted EBITDA in future years, enhancing its financial growth potential.
Market PositionAbacus has a 25% market share, making it a leader in the life settlements industry and benefiting from its fully integrated business model, which results in higher returns.