Abacus Global Management, Inc. reported significant financial growth for the fiscal year ending December 31, 2025, with total revenues reaching $235.2 million, a substantial increase of 110% from $111.9 million in 2024. The company's net income attributable to shareholders was $36.5 million, compared to a net loss of $24.9 million in the previous year. This turnaround in profitability was driven by robust performance across its business segments, particularly in asset management and life solutions, which saw revenues of $33.8 million and $200.7 million, respectively.
The company experienced notable changes in its operational structure, including the completion of several strategic acquisitions. In December 2024, Abacus acquired Carlisle Management Company and FCF Advisors, enhancing its asset management capabilities. Additionally, the acquisition of AccuQuote in October 2025 further diversified its offerings by integrating an online life insurance brokerage platform. These acquisitions contributed to a significant increase in assets under management, which grew to approximately $3.33 billion by the end of 2025.
Operationally, Abacus reported a total of 804 life settlement policies held at fair value, with a combined face value of $1.06 billion. The company maintained a market share of approximately 26% in the life settlements industry, reflecting its strong position in a sector characterized by high barriers to entry. The average realized gain on policies sold improved to 32.5%, up from 24.9% in 2024, indicating enhanced pricing conditions and increased institutional demand for life settlement policies.
The filing also highlighted the company's commitment to expanding its market presence and enhancing its technology infrastructure. Abacus plans to continue investing in its origination process and marketing efforts to drive awareness of life settlements, which remain under-penetrated in the market. The company anticipates that its strategic initiatives, including the integration of technology and data analytics, will support future growth and profitability.
Looking ahead, Abacus Global Management expressed optimism about its growth trajectory, citing the large addressable market for life settlements, which is estimated at $224 billion annually. The company aims to leverage its recent acquisitions and technological advancements to capture a larger share of this market, while also focusing on maintaining strong financial performance and operational efficiency.
About Abacus Global Management, Inc.
Abacus Global Management, Inc. specializes in alternative asset management focused on life settlements, leveraging proprietary data analytics and technology to acquire, manage, and trade life insurance policies. Operating through divisions in life solutions, asset management, wealth management, and longevity technology, it serves institutional investors, financial advisors, and consumers. The company’s model centers on monetizing life insurance assets, offering risk-adjusted returns from a largely uncorrelated asset class within a regulated, under-penetrated market.
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