Abacus Global Management (ABX) Non Operating Investment Income (2022 - 2024)
Abacus Global Management's (ABX) quarterly Non Operating Investment Income came in at $1.2 million in Q1 2024, up 830.34% year-on-year from $125220.0 in Q2 2023, and up 32.72% on a QoQ basis from $877756.0 in Q4 2023.
Abacus Global Management (ABX) Non Operating Investment Income (2022 - 2024) Analysis & Trends
Abacus Global Management (ABX) has 3 years of Non Operating Investment Income data on file, last reported at $1.2 million in Q1 2024.
- On a quarterly basis, Non Operating Investment Income rose 830.34% year-over-year to $1.2 million in Q1 2024; TTM through Mar 2024 was $2.4 million, a 366.33% increase from a year earlier, with the FY2023 full-year figure at $1.4 million, up 230.94% from the prior year.
- Non Operating Investment Income for Q1 2024 stood at $1.2 million, up from $877756.0 in the prior quarter.
- Over the last five years, Non Operating Investment Income for ABX reached as high as $1.2 million in Q1 2024 and fell as low as -$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.
- Across the five-year window, Non Operating Investment Income slipped 24.29% in 2023 and surged 830.34% in 2024, its largest moves.
- Year by year, Non Operating Investment Income stood at $256198.0 in 2022, then soared by 242.61% to $877756.0 in 2023, then jumped by 32.72% to $1.2 million in 2024.
- Per Business Quant data, the three most recent Non Operating Investment Income figures were $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 | Prudential | 75.80 Bn | 67.47 Bn | - | - |
| 2 | Manulife Financial | 73.67 Bn | 73.67 Bn | - | - |
| 3 | Aflac | 64.91 Bn | 59.26 Bn | 2.51 Bn | 49.00 Mn |
| 4 | Metlife | 62.06 Bn | 45.91 Bn | 256.00 Mn | -670.00 Mn |
| 5 | Unum | 14.20 Bn | 4.24 Bn | 1.40 Bn | -5.00 Mn |
| 6 | Primerica | 10.00 Bn | 9.32 Bn | 770.81 Mn | -847,000.00 |
| 7 | Jackson Financial | 8.48 Bn | 2.94 Bn | - | -47.00 Mn |
| 8 | Lincoln National | 7.93 Bn | -971.88 Mn | 3.25 Bn | - |
| 9 | F&G Annuities & Life | 3.93 Bn | 1.62 Bn | 1.15 Bn | -32.00 Mn |
| 10 | Abacus Global Management | 1.01 Bn | 974.57 Mn | 53.08 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 |