Financial Data and Key Metrics Changes - Total revenue for Q2 2025 reached $56.2 million, a 93% increase from $29.1 million in the prior year [23] - Adjusted net income increased by 87% to $21.9 million compared to $11.7 million in the prior year [26] - Adjusted EBITDA grew to $31.5 million, representing an 89% increase from $16.7 million in the prior year [26] - GAAP net income attributable to stockholders was $17.6 million, up from $0.7 million in the prior year [26] - Adjusted return on equity was 21% and adjusted return on invested capital was 22% as of June 30, 2025 [27] Business Line Data and Key Metrics Changes - Life Solutions business posted a realized gain of $58.3 million in Q2 2025, reflecting strong investor demand [12] - Asset management segment generated $8.8 million in revenue for Q2 2025, marking significant contributions from recent acquisitions [24] - New AUM inflows were approximately $142 million, contributing to a total gross AUM of nearly $3.3 billion [8] Market Data and Key Metrics Changes - The company holds 600 policies valued at $387.3 million on the balance sheet as of June 30, 2025 [24] - The annualized turnover ratio was 2.3 times in Q2 2025, above the long-term average target of 1.5 to 2 times [18] - The average realized gain on sale was 26.3% for Q2 2025, consistently above 20% over the past year and a half [21] Company Strategy and Development Direction - The company aims to position itself as a leading alternative assets and wealth management platform, focusing on less correlated investments and policyholder liquidity solutions [7] - A new $20 million share repurchase program was authorized to enhance shareholder value [14] - The company is expanding its brand recognition and wealth management offerings, which are expected to drive future growth [14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate current market conditions due to its unique business model and operational acumen [11] - The full-year 2025 adjusted net income outlook was raised to between $74 million and $80 million, implying year-over-year growth of 59% to 72% [27] - Management acknowledged potential unpredictability in the overall economy but remains optimistic about continued growth in the second half of the year [49] Other Important Information - The company introduced additional key performance indicators to provide greater transparency into its business model and strategic execution [13] - The company completed an exchange offer and consent solicitation related to outstanding warrants, simplifying its capital structure [14] Q&A Session Summary Question: Can you provide specifics on the mix of sales between related party transactions and third parties? - Management indicated that related party transactions accounted for 29% of total revenue in Q2 and 17% year-to-date, including various funds [38][39] Question: What were the unrealized gains in the quarter? - Unrealized gains for the quarter were approximately $17 million, with a significant portion of the $58 million realized gains coming from prior unrealized gains [45][48] Question: How do you expect G&A expenses to trend going forward? - G&A expenses are expected to grow with revenue but not at the same percentage, with a target to be below $18 million on a quarterly basis [61] Question: What is the outlook for the second half of the year? - Management expects growth in the second half, although it may not be dollar-for-dollar compared to the first half due to economic uncertainties [49][50] Question: Is the $142 million of flows gross or net? - The $142 million was gross, with net flows being less significant due to the nature of long-term strategies [84][86]

Q2 2025 Earnings Presentation August 7th, 2025 abacusgm.com 1 Disclaimer General. This presentation (this "Presentation") is provided solely for informational purposes. This Presentation is subject to update, completion, revision, verification and further amendment without notice. None of Abacus Global Management, Inc. (the "Company", "Abacus", Abacus Global Management", "we", "our", or "us") or its affiliates has authorized anyone to provide interested parties with additional or different information. The ...

Core Insights - Abacus Global Management reported a significant increase in total revenue and adjusted earnings for the second quarter of 2025, nearly doubling year-over-year, which has led to an upward revision of the full-year outlook for adjusted earnings [1][2][5]. Financial Performance - Total revenue for Q2 2025 reached $56.2 million, a 93% increase from $29.1 million in the same period last year [3]. - GAAP net income for Q2 2025 was $17.6 million, up from $0.7 million in the prior-year period [3]. - Adjusted net income grew 87% year-over-year to $21.9 million, compared to $11.7 million in Q2 2024 [3]. - Adjusted EBITDA increased 89% year-over-year to $31.5 million, with an adjusted EBITDA margin of 56.1% [3][29]. Capital and Liquidity - As of June 30, 2025, the company had cash and cash equivalents of $74.8 million and total assets of $848.4 million [4][22]. - The company reported outstanding long-term debt of $357 million [4]. Growth Outlook - The full-year 2025 outlook for adjusted net income has been raised to between $74 million and $80 million, reflecting a growth of 59% to 72% compared to the previous year [5]. - The company experienced strong demand for policyholder liquidity and increased inflows for new asset management offerings, contributing to its robust performance [2]. Shareholder Information - Following the completion of a warrant exchange offer, the number of common shares outstanding increased by approximately 5% [6][7]. - The company announced a newly authorized $20 million share repurchase program [11]. Operational Highlights - The company reported origination capital deployment of $121.8 million in Q2 2025, compared to $104.7 million in the prior-year period [3]. - The number of policies held as of the end of Q2 2025 was 600, up from 458 in the prior-year period [3]. Key Performance Indicators - Adjusted annualized return on invested capital (ROIC) for Q2 2025 was 22% [3]. - Annualized return on equity (ROE) for Q2 2025 was 21% [3].

Group 1 - Dorel Industries Inc. has amended its asset backed loan (ABL) and term loan facilities, extending the forbearance period to September 16, 2025, allowing the company to avoid immediate enforcement actions by lenders due to a default related to financial covenants [1] - The company will receive an additional US$20.0 million in liquidity under the ABL facility to finance new inventory, while the total maximum availability under the ABL facility has been reduced to US$150.0 million [1] - As of June 30, 2025, Dorel had approximately US$92.0 million in borrowings outstanding under the ABL facility [1] Group 2 - Dorel is collaborating with two leading capital market advisors to restructure its balance sheet, aiming to support growth in the Juvenile segment and reorganize the Home segment [2] - The new financial structure is intended to replace the existing debt structure, which is no longer aligned with the company's operational needs [2] Group 3 - Dorel Industries operates in two distinct segments: juvenile products and home products, with annual sales of US$1.3 billion and approximately 3,500 employees across 22 countries [3] - The company’s juvenile product brands include Maxi-Cosi, Safety 1st, and Tiny Love, while Dorel Home offers a wide range of furniture through its e-commerce platform [3]

Zacks Consensus Estimate This company is expected to post quarterly earnings of $0.16 per share in its upcoming report, which represents a year-over-year change of -11.1%. Revenues are expected to be $42.26 million, up 45.3% from the year-ago quarter. Estimate Revisions Trend The consensus EPS estimate for the quarter has been revised 1.69% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates ove ...

Core Points - Abacus Global Management, Inc. has completed its exchange offer and consent solicitation for outstanding public and private placement warrants, resulting in the issuance of 4,183,160 shares of common stock [1][2] - The company has amended the warrant agreement to exchange each outstanding warrant for 0.207 shares of common stock, which is 10% less than the initial exchange ratio [2] - Following the completion of the offer and post-offer exchange, all warrants will be eliminated, and public warrants will be delisted from Nasdaq on August 14, 2025 [3] Company Overview - Abacus Global Management specializes in alternative asset management, data-driven wealth solutions, technology innovations, and institutional services [5] - The company focuses on longevity-based assets and personalized financial planning, utilizing proprietary data analytics and industry expertise to enhance financial outcomes for clients [5]

Core Points - Abacus Global Management, Inc. announced the expiration and results of its exchange offer and consent solicitation for outstanding public and private placement warrants [1][2] - Approximately 88% of the outstanding warrants were validly tendered, and the company expects to accept all validly tendered warrants for exchange [2] - The company received approval from parties representing approximately 83% of the outstanding public warrants and 94% of the outstanding private placement warrants for a warrant agreement amendment [2] - The exchange ratio for the post-offer exchange will be 0.207 shares of common stock per warrant, which is 10% less than the initial exchange ratio [2] Company Overview - Abacus Global Management specializes in alternative asset management, data-driven wealth solutions, technology innovations, and institutional services [6] - The company focuses on longevity-based assets and personalized financial planning, leveraging proprietary data analytics and industry expertise [6] Regulatory Information - A registration statement on Form S-4 for the common stock issuable in the offer was declared effective by the SEC on July 28, 2025 [5]

Core Viewpoint - Wolf Popper LLP is investigating potential claims on behalf of purchasers of Abacus Global Management, Inc. common stock following allegations of accounting irregularities and related party dealings that have led to a significant decline in stock price [1][2][3][4]. Group 1: Company Overview - Abacus Global Management, Inc. is an alternative asset manager specializing in life insurance products [1]. - The company was involved in a $618 million de-SPAC deal that closed on July 3, 2023 [1]. Group 2: Allegations and Reports - A short seller report by Morpheus Research alleged that Abacus engaged in accounting schemes to inflate revenue by underestimating life expectancy [2]. - The report raised concerns about Abacus' valuation methodology and the use of Lapetus Solutions for life expectancy calculations, which were questioned by former employees and industry experts [2]. - A second report from Morpheus Research claimed that Abacus did not adequately refute the allegations and pointed out undisclosed related party dealings by insiders [3]. Group 3: Stock Performance - Following the initial report, Abacus' stock price fell by $1.64 to $6.00 on June 4, 2025, representing a 21.5% decline [2]. - As of July 21, 2025, the stock price had decreased over 33% from the initial report, closing at $5.22 per share [4].

NEW YORK, July 18, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of  Abacus Global Management, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL).  Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Abacus and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On J ...

Core Viewpoint - Abacus Life, Inc. is positioned to potentially continue its earnings-beat streak, supported by a strong earnings history and positive analyst sentiment [1][5]. Earnings Performance - For the most recent quarter, Abacus Life reported earnings of $0.16 per share, falling short of the expected $0.18, resulting in a surprise of 12.50% [2]. - In the previous quarter, the company exceeded expectations by reporting $0.16 per share against a consensus estimate of $0.13, achieving a surprise of 23.08% [2]. Analyst Sentiment - Recent estimates for Abacus Life have been increasing, with a positive Earnings ESP of +3.03%, indicating bullish sentiment among analysts regarding the company's earnings prospects [5][8]. - The combination of a positive Earnings ESP and a Zacks Rank of 2 (Buy) suggests a high likelihood of another earnings beat in the upcoming report [8]. Predictive Metrics - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have historically produced positive surprises nearly 70% of the time, indicating a strong predictive power for earnings performance [6]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [7].