Reports Q1 revenue $44.1M, consensus $40.34M. “We delivered exceptional results in the first quarter of 2025, more than doubling our revenue and adjusted earnings year-over-year while strengthening our market position,” said Jay Jackson, CEO of Abacus. “Our unique business model continues to demonstrate its resilience and appeal in today’s uncertain market environment, serving both policyholders seeking liquidity and investors pursuing uncorrelated alternative assets. Additionally, our asset management business is gaining significant momentum, as evidenced by our newly launched funds attracting $122.8M in capital inflows in just the first month. With our robust balance sheet, expanded product offerings, and growing brand presence, we are well-positioned to achieve our growth targets for 2025 and beyond.”
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ABL: