Abacus Global Management, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | — | $235.2M | $111.9M | $66.4M | $44.7M | — |
| Cost of Revenue | — | $28.9M | $11.4M | $6.5M | $5.9M | — |
| Gross Profit | — | $206.4M | $100.6M | $59.9M | $38.8M | — |
| Gross Margin | — | 87.7% | 89.8% | 90.2% | 86.8% | — |
| Operating Expenses | ||||||
| Research & Development | — | — | — | — | — | — |
| SG&A Expense | — | $87.8M | $81.7M | $26.5M | $1.4M | — |
| Operating Income | — | $88.8M | $-888.3K | $24.1M | $33.7M | $15.8M |
| Operating Margin | — | 37.7% | -0.8% | 36.3% | 75.3% | — |
| Interest Expense | — | — | — | $9.9M | $42.8K | — |
| Pretax Income | — | — | — | — | $-591.1K | $15.8M |
| Income Tax Expense | — | $15.4M | $5.5M | $1.5M | $889.9K | — |
| Net Income | — | $36.5M | $-24.0M | $9.5M | $31.7M | $15.8M |
| Net Margin | — | 15.5% | -21.4% | 14.3% | 70.9% | — |
| EPS (Basic) | — | $0.38 | $-0.34 | $0.17 | $0.63 | — |
| EPS (Diluted) | — | $0.36 | $-0.34 | $0.16 | $0.63 | — |
| Shares Outstanding (Basic) | 96.5M | 96.1M | 70.8M | 57.0M | 50.4M | — |
| Shares Outstanding (Diluted) | 96.5M | 99.2M | 70.8M | 57.8M | 50.4M | — |
| Dividends Per Share | — | — | — | — | — | — |