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Revenue from life
insurance policies using...
$50,238,503
Revenue from life
insurance policies using...
$11,337,470
Insurance commissions
$1,881,126
Revenues-Origination
$1,800,631
Revenue from life
insurance policies held...
$167,330
Asset Management
Fee-Related Party
$5,612,942
Portfolio
Services-Related Party
$826,350
Asset Management
Fee-Nonrelated Party
$729,950
Nonrelated
Party-Portfolio Services
$46,411
Revenues
$379,277
Life Solutions
$65,425,060
Revenues-Asset Management1
$7,215,653
Technology Service
$379,277
Total revenues
$73,019,990
Gross profit
$63,955,539
Cost of revenue
(including stock-based...
$9,064,451
Operating income
$21,478,560
Total operating
expenses
$42,476,979
Net income before
provision for income taxes
$10,975,892
Total other expense
-$10,502,668
Interest income
$670,783
General and
administrative (including...
$32,956,074
Sales and marketing
$5,558,460
Depreciation and
amortization expense
$3,962,445
Net income
$6,627,042
Income tax expense
$4,348,850
Interest expense
$8,311,904
Other (expense)
income, net
-$2,861,547
Net income
attributable to abacus global...
$6,627,042
Back
Back
Income Statement
Abacus Global Management, Inc. (ABXL)
Abacus Global Management, Inc. (ABXL)
source: myfinsight.com