Abacus Life Past Earnings Performance
Past criteria checks 1/6
Abacus Life has been growing earnings at an average annual rate of 33.2%, while the Insurance industry saw earnings growing at 8.4% annually. Revenues have been growing at an average rate of 72.1% per year. Abacus Life's return on equity is 0.08%, and it has net margins of 0.1%.
Key information
33.2%
Earnings growth rate
-99.7%
EPS growth rate
| Insurance Industry Growth | 8.0% |
| Revenue growth rate | 72.1% |
| Return on equity | 0.08% |
| Net Margin | 0.1% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Abacus Life makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 78 | 0 | 43 | 0 |
| 31 Dec 23 | 66 | 10 | 31 | 0 |
| 30 Sep 23 | 58 | 26 | 16 | 0 |
| 30 Jun 23 | 48 | 35 | 4 | 0 |
| 31 Mar 23 | 45 | 33 | 4 | 0 |
| 31 Dec 22 | 45 | 32 | 4 | 0 |
| 30 Sep 22 | 30 | 22 | 2 | 0 |
| 30 Jun 22 | 19 | 11 | 2 | 0 |
| 31 Mar 22 | 11 | 7 | 1 | 0 |
| 31 Dec 21 | 1 | 0 | 0 | 0 |
| 31 Dec 20 | 1 | 1 | 0 | 0 |
Quality Earnings: ABL has a high level of non-cash earnings.
Growing Profit Margin: ABL's current net profit margins (0.1%) are lower than last year (72.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ABL's earnings have grown significantly by 33.2% per year over the past 5 years.
Accelerating Growth: ABL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ABL had negative earnings growth (-99.7%) over the past year, making it difficult to compare to the Insurance industry average (37.3%).
Return on Equity
High ROE: ABL's Return on Equity (0.08%) is considered low.