Abacus Life Past Earnings Performance
Past criteria checks 0/6
Abacus Life has been growing earnings at an average annual rate of 56%, while the Insurance industry saw earnings growing at 7.2% annually. Revenues have been growing at an average rate of 76.2% per year. Abacus Life's return on equity is 5.5%, and it has net margins of 14.3%.
Key information
56.0%
Earnings growth rate
-73.4%
EPS growth rate
| Insurance Industry Growth | 8.0% |
| Revenue growth rate | 76.2% |
| Return on equity | 5.5% |
| Net Margin | 14.3% |
| Next Earnings Update | 13 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
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 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 (14.3%) are lower than last year (70.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if ABL's year-on-year earnings growth rate was positive 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 (-70%) over the past year, making it difficult to compare to the Insurance industry average (33.9%).
Return on Equity
High ROE: ABL's Return on Equity (5.5%) is considered low.