Abacus Global Management, Inc.

ABL

ABLAbacus Global Management, Inc. US flag

NASDAQ Capital Market

8.09

USD

+0.33

- -

790.82MMarket Cap

Income Statement (USD)

API ChatGPT

	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
As of date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024

Sales/Revenue/Turnover	1	23	45	66	112
+ Sales & Services Revenue	1	23	45	66	112
- Cost of Revenue	1	14	6	6	11
+ Cost of Goods & Services	1	14	6	6	11
Gross Profit	1	8	39	60	101
+ Other Operating Income	- -	- -	- -	- -	- -
- Operating Expenses	- -	7	4	35	99
+ Selling, General & Admin	- -	7	4	31	91
+ Research & Development	- -	- -	- -	- -	- -
+ Other Operating Expense	- -	- -	- -	3	8
Operating Income (Loss)	1	1	35	25	2
- Non-Operating (Income) Loss	- -	- -	2	15	21
+ Interest Expense, Net	- -	- -	- -	9	16
+ Interest Expense	- -	- -	- -	10	18
- Interest Income	- -	- -	- -	1	2
+ Other Non-Op (Income) Loss	- -	- -	1	5	5
Pretax Income	1	1	33	11	-19
- Income Tax Expense (Benefit)	- -	- -	1	1	5
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	1	1	32	9	-25
- Net Extraordinary Losses (Gains)	- -	- -	1	-1	-2
+ Discontinued Operations	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	1	-1	-2
Income (Loss) Incl. MI	1	1	31	10	-23
- Minority Interest	- -	- -	-1	- -	1
Net Income, GAAP	1	1	32	10	-24
- Preferred Dividends	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	1	1	32	10	-24
EBIT	1	1	35	25	2
EBITDA	1	1	35	29	10
EBITDA Margin (%)	54.06	4.29	77.84	42.96	8.71
EBITA	1	1	35	25	2
Gross Margin (%)	57.98	37.12	86.84	90.23	89.84
Operating Margin (%)	54.06	4.15	77.83	37.82	1.65
Profit Margin (%)	54.06	4.41	70.86	14.33	-21.41
Sales per Employee	- -	- -	- -	- -	- -
Dividend per Share	0.01	0.01	0.01	- -	- -
Depreciation Expense	- -	- -	- -	3	8
Basic Weighted Avg Shares	50	50	50	57	71
Basic EPS, GAAP	0.01	0.02	0.63	0.17	-0.34
Basic EPS from Cont Ops	0.01	0.02	0.64	0.16	-0.35
Diluted Weighted Avg Shares	50	50	50	58	71
Diluted EPS, GAAP	0.01	0.02	0.63	0.16	-0.34
Diluted EPS from Cont Ops	0.01	0.02	0.64	0.16	-0.35

Balance Sheet (USD)

API ChatGPT

	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
As of date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024

Total Current Assets	- -	4	33	32	160
+ Cash, Cash Equivalents & STI	- -	3	30	28	132
+ Cash & Cash Equivalents	- -	3	30	26	132
+ ST Investments	- -	- -	- -	2	- -
+ Accounts & Notes Receiv	- -	1	3	3	27
+ Accounts Receivable, Net	- -	- -	- -	2	23
+ Notes Receivable, Net	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	1	3	1	4
+ Inventories	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -
+ Other ST Assets	- -	- -	- -	1	1
+ Misc ST Assets	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -
Total Noncurrent Assets	1	2	26	300	715
+ Property, Plant & Equip, Net	- -	- -	- -	2	6
+ Property, Plant & Equip	- -	- -	- -	2	6
- Accumulated Depreciation	- -	- -	- -	- -	- -
+ LT Investments & Receivables	1	1	26	127	376
+ LT Investments	1	1	26	127	376
+ LT Receivables	- -	- -	- -	- -	- -
+ Other LT Assets	- -	- -	- -	171	333
+ Total Intangible Assets	- -	- -	- -	170	318
+ Goodwill	- -	- -	- -	140	238
+ Other Intangible Assets	- -	- -	- -	30	80
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	- -	- -	1	15
Total Assets	1	5	59	332	874
+ Payables & Accruals	- -	- -	1	6	7
+ Accounts Payable	- -	- -	- -	- -	- -
+ Accrued Taxes	- -	- -	- -	1	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	1	6	7
+ ST Debt	- -	- -	- -	13	39
+ ST Borrowings	- -	- -	- -	13	38
+ ST Finance Leases	- -	- -	- -	- -	1
+ Other ST Liabilities	- -	2	- -	4	17
+ Deferred Revenue	1	2	- -	1	2
+ Derivatives & Hedging	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -
+ Misc ST Liabilities	-1	- -	- -	3	14
Total Current Liabilities	- -	2	1	23	62
+ LT Debt	- -	- -	28	129	347
+ LT Borrowings	- -	- -	28	127	342
+ LT Finance Leases	- -	- -	- -	2	5
+ Other LT Liabilities	- -	- -	1	16	41
+ Accrued Liabilities	- -	- -	1	9	27
+ Pension Liabilities	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	- -	- -	7	15
Total Noncurrent Liabilities	- -	- -	30	144	388
Total Liabilities	- -	3	31	168	451
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -
+ Share Capital & APIC	- -	- -	1	200	494
+ Common Stock	- -	- -	- -	- -	- -
+ Additional Paid in Capital	- -	- -	1	200	494
- Treasury Stock	- -	- -	- -	1	12
+ Retained Earnings	1	3	25	-35	-58
+ Other Equity	- -	- -	1	- -	- -
Equity Before Minority Interest	1	3	27	164	424
+ Minority/Non Controlling Interest	- -	- -	1	- -	-1
Total Equity	1	3	28	164	423
Total Liabilities & Equity	1	5	59	332	874
Shares Outstanding	63	63	63	63	96
Number of Employees	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	2	5
Net Debt	- -	-3	-2	114	249
Net Debt to Equity	-10.4	-95.46	-6.41	69.62	58.79
Tangible Common Equity Ratio	89	49.41	47.63	-3.61	18.92
Current Ratio	1.31	1.51	25.55	1.36	2.55
Cash Conversion Cycle	- -	- -	-0.39	5.57	40.97

Cash Flow Statement (USD)

API ChatGPT

	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
As of date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024

+ Net Income	1	1	32	9	-25
+ Depreciation & Amortization	- -	- -	- -	3	8
+ Non-Cash Items	- -	- -	-4	-7	2
+ Stock-Based Compensation	- -	- -	- -	11	43
+ Deferred Income Taxes	- -	- -	1	- -	6
+ Asset Impairment Charge	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	- -	- -	-5	-18	-48
+ Chg in Non-Cash Work Cap	- -	- -	-18	-70	-194
+ (Inc) Dec in Accts Receiv	- -	- -	- -	-2	-16
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	- -	- -	1	4	2
+ Inc (Dec) in Other	- -	1	-19	-71	-180
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -
Cash from Operating Activities	1	1	11	-64	-209
+ Change in Fixed & Intang	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	- -	- -	- -	-1
+ Acq of Fixed Prod Assets	- -	- -	- -	- -	-1
+ Acq of Intangible Assets	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	-6	-24	171
+ Increase in Capital Stock	- -	- -	- -	1	182
+ Decrease in Capital Stock	- -	- -	-6	-25	-11
+ Net Change in LT Investment	-1	- -	-1	- -	-1
+ Dec in LT Investment	- -	- -	- -	- -	- -
+ Inc in LT Investment	-1	- -	-1	- -	-1
+ Net Cash From Acq & Div	- -	- -	- -	- -	-2
+ Cash from Divestitures	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	-2
+ Cash for JVs	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	-3	3	-1
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -
Cash from Investing Activities	-1	- -	-4	2	-5
+ Dividends Paid	- -	- -	-1	- -	- -
+ Net Cash From Debt	- -	- -	30	98	166
+ Cash From Debt	- -	- -	30	124	198
+ Repayments of Debt	- -	- -	- -	-26	-32
+ Other Financing Activities	1	- -	- -	-17	-17
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -
Cash from Financing Activities	1	- -	23	57	320
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -
Net Changes in Cash	- -	1	30	-4	106
EBITDA	1	1	35	29	10
EBITDA Margin (%)	54.06	4.29	77.84	42.96	8.71
Free Cash Flow	1	1	11	-64	-210
Net Cash Paid for Acquisitions	- -	- -	- -	- -	2
Free Cash Flow to Firm	1	1	11	-56	- -
Free Cash Flow to Equity	- -	1	41	34	-43
Free Cash Flow per Basic Share	0.01	0.02	0.21	-1.13	-2.96
Price/Free Cash Flow	786.37	316.77	47.79	-8.74	-2.66
Cash Flow to Net Income	0.98	1.35	0.34	-6.73	8.71
Capital Expenditures	- -	- -	- -	- -	-1