Abacus Global Management, Inc.
ABXNYSEFinancials · Investment Advice · DE · SEC filings ↗ · Compare ⊕
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SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $235.2M | $111.9M | $66.4M | $44.7M | — | — |
| Operating income | $88.8M | −$888,304 | $24.1M | $33.7M | — | — |
| Net income | $36.5M | −$24.0M | $9.5M | $31.7M | $15.8M | −$10.8M |
| Total assets | $902.2M | $874.2M | $331.8M | $59.1M | $346.0M | $345.9M |
| Total liabilities | $478.7M | $450.9M | $167.8M | $30.9M | $29.2M | $44.9M |
| Equity | $418.5M | $423.3M | $164.1M | −$18.4M | −$28.2M | −$44.1M |
| EPS (diluted) | $0.36 | $-0.34 | $0.16 | $0.63 | — | — |
| Shares out. | 96.9M | 63.7M | 63.2M | 50.4M | — | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 37.7%
- Net margin
- 15.5%
- Return on equity
- 8.7%
- Return on assets
- 4.0%
- Return on capital (ROCE)
- 11.8%
- Liabilities / assets
- 53.1%
- Debt / equity
- 1.14×
- Book value / share
- $4.32
- Revenue growth (YoY)
- 110.2%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- 0.85distress
- Accruals / assets
- 6.9%moderate
- Piotroski F-Score
- 4/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 1 warning● 2 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Negative operating cash flow
- Operating margin is positive
- Revenue is growing year-over-year
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗May 16, 2023
- NT 10-Kmissed a reporting deadline ↗Apr 3, 2023
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2022
- NT 10-Qmissed a reporting deadline ↗Aug 16, 2022
- NT 10-Qmissed a reporting deadline ↗May 16, 2022
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2022
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Ganovsky Matthew10% owner | May 8, 2026 | Tax withholding | 27,773 | $9.08 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 6.0M | 9.6 | -2.4% |
| Apr 30, 2026 | 6.1M | 13.7 | -1.1% |
| Apr 15, 2026 | 6.2M | 9.1 | +3.4% |
| Mar 31, 2026 | 6.0M | 7.3 | +1.6% |
| Mar 13, 2026 | 5.9M | 8.1 | -8.8% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Other material eventMay 27, 2026
- Results of operations · Regulation FD disclosureMay 7, 2026
- Director / officer changeApr 21, 2026
- Changed auditor · Director / officer changeMar 18, 2026
- Results of operations · Regulation FD disclosureMar 12, 2026
- Regulation FD disclosure · Other material eventJan 30, 2026
- Regulation FD disclosureJan 9, 2026
- Delisting / listing-standard notice · Other material eventDec 29, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (3)
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