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Financial Snapshot

Revenue
TTM
$30.77M
Gross Margin
Last 4 Quarters
N/A
Net Income
TTM
-$220.8M
Current Assets
2021 Q3
$33.10M
Current Liabilities
2021 Q3
$54.89M
Current Ratio
2021 Q3
60.31%
Total Assets
2021 Q3
Total Liabilities
2021 Q3
Book Value
2021 Q3
$1.427B
Cash
2021 Q3
P/E
Last 4 Quarters
N/A
Free Cash Flow
TTM
-$207.6M

Stock Price

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Market Cap: $364.09 Thousand

About GWG Holdings, Inc.

GWG Holdings, Inc. is a financial services company, which transforms the life insurance industry through disruptive and innovative products and services. The company is headquartered in Dallas, Texas and currently employs 160 full-time employees. The company went IPO on 2014-09-25. The firm is engaged in providing liquidity solutions and services for the owners of illiquid investments. The Company, through its subsidiary, GWG Life, LLC, conducts its life insurance secondary market business. Its segments include Secondary Life Insurance and Beneficient. The Secondary Life Insurance segment seeks to earn non-correlated yield from its portfolio of life insurance policies. Beneficient segment consists of the assets and operations of Ben LP and its subsidiaries. Ben LP provides a variety of trust services, liquidity products for owners of alternative assets and illiquid investment funds, and other financial services to mid-to-high-net-worth individuals (MHNW) individuals. Its activities include holding company financing and investing activities, management and administrative services to support the overall operations of the Company, and its equity method investment in FOXO Technologies Inc.

Industry: Life Insurance Peers: Gold.com Inc Acacia Research Corp California First Leasing Corp FlexShopper, Inc. Sundance Strategies Inc SWK Holdings Corp LM Funding America Inc SUI Group Holdings Ltd

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