Nov. 11 at 5:22 PM
$ABL Abacus evolves into a platform company with new dividend, buybacks, and growing recurring revenue.
Abacus (
$ABL) is transitioning from a pure life settlement operator to a platform integrating technology, asset management, and institutional funding.
Q3 marked its 10th consecutive quarter of earnings growth, with record revenue of
$63M (+124% YoY) and a 37% markup on policy sales. Management raised 2025 guidance (+
$6M Adj. Net Income), expanded buybacks (+
$10M), and introduced an annual dividend designed to grow alongside recurring revenue.
Focus ahead: integration of AccuQuote and Dynasty Partners, and expansion of ABL Tech as a driver of fee income in 2025.
These moves reinforce a strategy to build a self-sustaining model where origination, funding, and technology support stable, high-margin cash flows.
Full article → http://finviz.com/news/224892/does-abacus-life-inc-abl-have-the-potential-to-rally-1031-as-wall-street-analysts-expect