Abacus Life Past Earnings Performance
Past criteria checks 0/6
Abacus Life's earnings have been declining at an average annual rate of -11%, while the Insurance industry saw earnings growing at 12.6% annually. Revenues have been growing at an average rate of 70.5% per year.
Key information
-11.0%
Earnings growth rate
-137.2%
EPS growth rate
| Insurance Industry Growth | 8.0% |
| Revenue growth rate | 70.5% |
| Return on equity | -4.8% |
| Net Margin | -11.6% |
| Last Earnings Update | 30 Sep 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 |
|---|---|---|---|---|
| 30 Sep 24 | 102 | -12 | 65 | 0 |
| 30 Jun 24 | 95 | -6 | 59 | 0 |
| 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 is currently unprofitable.
Growing Profit Margin: ABL is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ABL is unprofitable, and losses have increased over the past 5 years at a rate of 11% per year.
Accelerating Growth: Unable to compare ABL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ABL is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (33.2%).
Return on Equity
High ROE: ABL has a negative Return on Equity (-4.76%), as it is currently unprofitable.