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Abacus Life (Abacus Life) Pre-Tax Income : $-4.79 Mil (TTM As of Mar. 2024)


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What is Abacus Life Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Abacus Life's pretax income for the three months ended in Mar. 2024 was $-0.10 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $-4.79 Mil. Abacus Life's pretax margin was -0.47%.

During the past 4 years, Abacus Life's highest Pretax Margin was 74.42%. The lowest was -6.55%. And the median was 10.54%.


Abacus Life Pre-Tax Income Historical Data

The historical data trend for Abacus Life's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Abacus Life Pre-Tax Income Chart

Abacus Life Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
1.44 1.00 33.28 10.50

Abacus Life Quarterly Data
Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.97 -0.32 2.76 -7.14 -0.10

Competitive Comparison of Abacus Life's Pre-Tax Income

For the Insurance - Life subindustry, Abacus Life's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Abacus Life's Pre-Tax Income Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Abacus Life's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Abacus Life's Pre-Tax Income falls into.



Abacus Life Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Abacus Life's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=25.113+-5.338+-9.867+0.595+1.7763568394003E-15
=10.50

Abacus Life's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=3.801+-0.654+-3.67+0.421+-1.8041124150159E-16
=-0.10

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.79 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Abacus Life  (NAS:ABL) Pre-Tax Income Explanation

Abacus Life's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=-0.102/21.487
=-0.47%

During the past 4 years, Abacus Life's highest Pretax Margin was 74.42%. The lowest was -6.55%. And the median was 10.54%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Abacus Life Pre-Tax Income Related Terms

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Abacus Life (Abacus Life) Business Description

Traded in Other Exchanges
N/A
Address
2101 Park Center Drive, Suite 170, Orlando, FL, USA, 32835
Abacus Life Inc is a vertically integrated alternative asset manager specializing in investing in life insurance products throughout the lifecycle of a life insurance policy.
Executives
Adam Samuel Gusky officer: Chief Investment Officer RAND CAPITAL CORPORATION, 14 LAFAYETTE SQUARE, SUITE 2200, BUFFALO NY 14203
Sean Mcnealy director, 10 percent owner, officer: Co-Founder and President 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
Mary Beth Schulte director 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
Van Katwijk Cornelis Michiel director 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
Jay J Jackson director, officer: Chief Executive Officer 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
Mccauley William Hugh Jr officer: Chief Financial Officer 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
East Asset Management, Llc 10 percent owner 777 NW BEACON SQUARE BLVD., BOCA RATON FL 33487
Corbett Thomas Wingett Jr director 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
Kevin Scott Kirby 10 percent owner, officer: Co-Founder and President 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
Matthew Ganovsky 10 percent owner, officer: Co-Founder and President 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
Karla Radka director 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
East Sponsor, Llc 10 percent owner C/O EAST RESOURCES ACQUISITION COMPANY, 7777 NW BEACON SQUARE BOULEVARD, BOCA RATON FL 33487
Terrence M. Pegula 10 percent owner C/O EAST RESOURCES ACQUISITION COMPANY, 7777 NW BEACON SQUARE BOULEVARD, BOCA RATON FL 33487
Alberta Investment Management Corp 10 percent owner 1600-10250 101 STREET NW, EDMONTON A0 T5J 3P4
Adage Capital Partners Gp, L.l.c. 10 percent owner 200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116