Abacus Life
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Abacus Life's past years’ income statements indicate that its last revenue has increased compared to the previous period by 49% to $66,401,450. Profit margin reached 14%. Total operating expenses were $35,785,191.
Profit Margin
| 2020 | 27.37M | 1.43M | 5.25% |
|---|---|---|---|
| 2021 | 22.59M | 997.41K | 4.41% |
| 2022 | 44.71M | 31.68M | 70.86% |
| 2023 | 66.40M | 9.51M | 14.33% |
ABL Income Statement (2020 – 2023)
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
Revenue | ||||
Revenue | 66.40M | 44.71M | 22.59M | 27.37M |
Cost of revenue | 6.49M | 5.88M | 14.20M | 514.66K |
Gross profit | 59.91M | 38.82M | 8.38M | 26.85M |
Operating exp. | ||||
Research and development | 0 | 0 | 0 | 0 |
Selling and marketing | 4.90M | 2.59M | 0 | 1.18K |
Total operating expenses | 35.78M | 4.02M | 7.44M | -46.06M |
Operating income | 24.12M | 33.66M | 937.11K | -18.69M |
Other income (expenses), net | -13.62M | -1.48M | 50K | 1.91M |
Income before tax | 10.50M | 33.27M | 998.61K | 1.43M |
Income tax expense | 1.46M | 889.94K | 1.2K | 1.56K |
Net income | 9.51M | 31.68M | 997.41K | 1.43M |
Earnings per share | ||||
Basic EPS | 0.17 | 0.63 | 0.01 | 0.02 |
Diluted EPS | 0.16 | 0.63 | 0.01 | 0.02 |