Abacus Global Management (ABX) Non Operating Investment Income (2022 - 2024)
Abacus Global Management (ABX) posted quarterly Non Operating Investment Income of $1.2 million for Q1 2024, up 830.34% year-over-year from $125220.0 in Q2 2023, and up 32.72% quarter-over-quarter from $877756.0 in Q4 2023.
Abacus Global Management (ABX) Non Operating Investment Income (2022 - 2024) Analysis & Trends
Abacus Global Management (ABX) has reported Non Operating Investment Income for 3 consecutive years, with $1.2 million the latest figure, recorded in Q1 2024.
- In Q1 2024, Non Operating Investment Income rose 830.34% year-over-year to $1.2 million; the TTM figure through Mar 2024 stood at $2.4 million (up 366.33% YoY), while the FY2023 annual figure was $1.4 million, up 230.94% from the prior year.
- Non Operating Investment Income improved to $1.2 million in Q1 2024 per ABX's latest filing, from $877756.0 in the prior quarter.
- Across five years, Non Operating Investment Income topped out at $1.2 million in Q1 2024 and bottomed at -$1.0 million in Q2 2022.
- Historically, Non Operating Investment Income has averaged $188051.0 across 3 years, with a median of $190709.0 in 2022.
- Annual changes were most pronounced in 2023 — Non Operating Investment Income declined 24.29% — and 2024, when it jumped 830.34%.
- Abacus Global Management's Non Operating Investment Income stood at $256198.0 in 2022, then jumped by 242.61% to $877756.0 in 2023, then surged by 32.72% to $1.2 million in 2024.
- Business Quant data shows ABX's Non Operating Investment Income at $1.2 million in Q1 2024, $877756.0 in Q4 2023, and -$306800.0 in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Investment Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Manulife Financial | 70.91 Bn | 51.00 Bn | - | - |
| 2 | Metlife | 60.57 Bn | 33.25 Bn | 7.82 Bn | -428.00 Mn |
| 3 | Aflac | 58.53 Bn | -44.47 Bn | 2.27 Bn | -153.00 Mn |
| 4 | Prudential | 36.24 Bn | 27.92 Bn | - | - |
| 5 | Unum | 13.96 Bn | 4.41 Bn | 1.38 Bn | -5.20 Mn |
| 6 | Primerica | 9.20 Bn | 8.57 Bn | 717.74 Mn | 1.69 Mn |
| 7 | Jackson Financial | 9.15 Bn | 3.17 Bn | - | -21.00 Mn |
| 8 | Lincoln National | 8.14 Bn | -3.54 Bn | 2.62 Bn | - |
| 9 | Genworth Financial | 3.77 Bn | 1.78 Bn | 668.00 Mn | 37.00 Mn |
| 10 | Abacus Global Management | 920.79 Mn | 897.40 Mn | 63.96 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 1.16 Mn |
| Mar 31, 2024 | 1.16 Mn |
| Dec 31, 2023 | 877,756.00 |
| Dec 31, 2023 | 877,756.00 |
| Sep 30, 2023 | -306,800.00 |
| Sep 30, 2023 | -306,800.00 |
| Jun 30, 2023 | 672,936.00 |
| Jun 30, 2023 | 672,936.00 |
| Mar 31, 2023 | 125,220.00 |
| Mar 31, 2023 | 125,220.00 |
| Dec 31, 2022 | 256,198.00 |
| Dec 31, 2022 | 256,198.00 |
| Sep 30, 2022 | -246,846.00 |
| Sep 30, 2022 | -246,846.00 |
| Jun 30, 2022 | -1.04 Mn |
| Jun 30, 2022 | -1.04 Mn |