Abacus Global Management (ABXL) Non Operating Investment Income (2022 - 2024)
Abacus Global Management (ABXL) reported 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 (ABXL) Non Operating Investment Income (2022 - 2024) Analysis & Trends
Abacus Global Management (ABXL) has 3 years of Non Operating Investment Income data on file, last reported at $1.2 million in Q1 2024.
- Non Operating Investment Income for Q1 2024 came in at $1.2 million, up 830.34% year-over-year; the trailing twelve-month figure through Mar 2024 was $2.4 million (up 366.33% YoY), and the FY2023 annual result was $1.4 million, up 230.94% from the prior year.
- Non Operating Investment Income grew to $1.2 million in Q1 2024 per ABXL's latest filing, from $877756.0 in the prior quarter.
- Over five years, Non Operating Investment Income peaked at $1.2 million in Q1 2024 and troughed at -$1.0 million in Q2 2022.
- A 3-year average of $188051.0 and a median of $190709.0 in 2022 frame the typical range for Non Operating Investment Income.
- The sharpest annual moves came in 2023 and 2024: Non Operating Investment Income declined 24.29% in 2023, then jumped 830.34% in 2024.
- A 3-year view of Non Operating Investment Income shows it 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.
- Business Quant data shows ABXL'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 | 575.36 Bn | 575.36 Bn | - | 336.76 Bn |
| 2 | Aflac | 60.03 Bn | 54.38 Bn | 1.48 Bn | 49.00 Mn |
| 3 | Metlife | 56.29 Bn | 40.35 Bn | 256.00 Mn | -670.00 Mn |
| 4 | Unum | 14.92 Bn | 4.96 Bn | 1.40 Bn | -5.00 Mn |
| 5 | Globe Life | 12.80 Bn | 12.12 Bn | 1.45 Bn | - |
| 6 | Primerica | 8.79 Bn | 8.79 Bn | 770.81 Mn | 396,000.00 |
| 7 | Jackson Financial | 7.51 Bn | 1.68 Bn | - | -47.00 Mn |
| 8 | Lincoln National | 6.95 Bn | -8.74 Bn | 3.25 Bn | - |
| 9 | CNO Financial | 4.67 Bn | 4.33 Bn | 754.30 Mn | -22.70 Mn |
| 10 | Abacus Global Management | - | - | 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 |