Abacus Global Management (ABX) investor relations material

Strategic vision and business model evolution

• Positioned as the infrastructure provider for lifespan-linked finance, integrating origination, asset management, data, and technology to create a defensible, scalable platform.

• LifeARC, an AI-driven actuarial risk calculator, personalizes lifespan estimates, transforming financial planning and asset allocation for individuals and institutions.

• Recurring revenue is a core focus, targeting 70% fee-recurring earnings by 2030, with a shift from origination to higher-margin asset management, wealth, and technology revenues.

• Expansion into asset-based finance (ABF) and global markets, leveraging proprietary data and infrastructure to capture a share of the $120+ trillion wealth transfer.

• Emphasis on building proprietary technology, data, and AI tools, creating a competitive moat and enabling mass customization for clients.

Financial performance and guidance

• Q1 2026 revenue reached $59.4 million, up 34.6% year-over-year, with adjusted EBITDA at $32.7 million and a 55% margin.

• Full-year 2026 guidance raised to $100–$106 million adjusted net income, targeting over $5 billion AUM by year-end and $450 million adjusted EBITDA by 2030.

• Recurring revenue mix at 16% today, with every 10-point increase estimated to drive 2–3 turns of multiple expansion.

• Return on invested capital and equity both at 20% in 2025, well above cost of capital, supporting compounding growth.

• Asset management is the fastest-growing vertical, with nearly $1 billion in new capital raised in 15 months and new products like interval funds and blockchain-enabled portfolios.

Product innovation and market opportunity

• LifeARC leverages 20+ years of proprietary medical and mortality data, using AI and expert input to deliver personalized, continuously updated lifespan projections.

• MVerify, a mortality verification product, boasts 97% national coverage and is sold to pension funds, unions, and insurers on a subscription basis.

• Asset-based finance strategy targets the underpenetrated $20 trillion ABF market, focusing on mid-market lending with strong structural protections and recurring fee income.

• European expansion leverages institutional frameworks and distribution rails to access $8.1 trillion in alternative assets under management.

• Life Solutions remains the origination engine, with AI-driven efficiencies and a market penetration opportunity as awareness grows among policyholders and advisors.