ABL Earnings Prediction
The chart below shows how ABL performed 10 days before and after its earnings report, based on data from the past quarters. Typically, ABL sees a -2.15% change in stock price 10 days leading up to the earnings, and a -0.61% change 10 days following the report. On the earnings day itself, the stock moves by -0.38%. This data can give you a slight idea of what to expect for the next quarter's release.
ABL Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.25M
-68.83%
-39.57%
Gross Margin
-214.50%
721.84%
83.13%
Operating Margin
-1626.47%
418.36%
72.36%
Net Margin
-422.57%
-1713.48%
-1441.92%
EPS
-0.07
-800.00%
-800.00%
No Data Available
ABL Earnings Analysis
Abacus Life, Inc. Class A Common Stock Corporation (ABL.O) Earnings Conference Call
Positive
Revenue Growth Year-Over-Year: Total revenue grew by 33% year-over-year to $28.1 million, compared to $21.1 million in the prior year period.
EBITDA Growth Surge: Adjusted EBITDA increased by 54% year-over-year to $16.7 million, compared to $10.8 million in the prior year period.
Adjusted Net Income Growth: Adjusted net income grew by 65% year-over-year to $14.9 million, or $0.20 per diluted share.
Strong Return Metrics: The company maintained a strong return on equity of 23% and a return on invested capital of 21%.
Employee Headcount Increase: The total employee headcount increased by 10% in the third quarter to support growth initiatives.
Negative
Quarterly Net Loss Analysis: GAAAP net loss attributable to stockholders for the quarter was $5.1 million compared to net income of $0.9 million in the prior-year period, which is primarily driven by an non-cash $8.7 million increase in warrant liability in the third quarter of 2024 compared to an non-cash $0.9 million increase in the prior-year period.
Operating Expenses Increase: Total operating expenses, excluding unrealized and realized gains and losses and the change in fair value of debt for the third quarter 2024 were approximately $19.4 million compared to $13.2 million in the prior-year period. The increase from the prior-year period was due to higher investments in SG&A.
Employee Headcount Increase: We increased our total employee headcount by 10% in the third quarter to support our growth initiatives through policy acquisition and active management and through increased marketing to support our growth profile.
Quarterly Net Loss Analysis: GAAP net loss attributable to stockholders for the quarter was $5.1 million compared to net income of $0.9 million in the prior-year period, which is primarily driven by an non-cash $8.7 million increase in warrant liability in the third quarter of 2024 compared to an non-cash $0.9 million increase in the prior-year period.
Operating Expenses Increase: Total operating expenses, excluding unrealized and realized gains and losses and the change in fair value of debt for the third quarter 2024 were approximately $19.4 million compared to $13.2 million in the prior-year period.
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ABL Earning Call Sentiment
Abacus Life, Inc. (ABL) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
ABL.O
-3.51%Positive
The earnings call summary indicates strong financial performance with significant revenue and EBITDA growth, but challenges such as increased expenses, warrant liability, and competitive pressures are concerning. The lack of a share repurchase program and potential regulatory risks further temper optimism. The Q&A section reveals cautious optimism for Q4 but highlights uncertainties, particularly regarding the competitive environment and management's unclear responses on key initiatives. Considering these factors, the overall sentiment is neutral, expecting a stock price movement between -2% and 2%.
