Abacus Life, Inc. is an integrated alternative asset manager that specializes in investing in inforce life insurance products. The company incurred an income tax expense of $5,484,738.00 indicating its tax obligations for the fiscal year 2024. Additionally, the net total of other income and expenses is -$18,544,995.00 reflecting non-core financial activities. The firm recorded a net income of -$23,961,050.00 showcasing its profitability in the competitive market. Furthermore, the cost of revenue for the company is $11,371,733.00 which highlights its production and operational expenses as it engages in the business of purchasing outstanding life insurance policies, effectively connecting buyers and sellers through its origination process. Founded by Matthew Ganovsky, Kevin Scott Kirby, and Todd Sean McNealy, the company is headquartered in Orlando, FL, and it is steadily establishing its footprint in the alternative asset management sector. In terms of stock performance, the shares are affordable at $25.42 making them suitable for budget-conscious investors looking to enter the market. The stock has a low average trading volume of 25,175.00 indicating lower market activity and potential opportunities for strategic investment. With a market capitalization of $776,639,695.00 Abacus Life is classified as a small-cap player, which often represents a growing segment with significant potential. It is a key player in the Insurance - Life industry, contributing significantly to the overall market landscape and driving innovation. Additionally, the company belongs to the Financial Services sector, which is essential for ongoing growth and development in the alternative asset management space, showcasing its commitment to enhancing investor returns through strategic opportunities in life insurance investments.