Financial Snapshot

Revenue
$30.77M
TTM
Gross Margin
Net Earnings
-$220.8M
TTM
Current Assets
$33.10M
Q3 2021
Current Liabilities
$54.89M
Q3 2021
Current Ratio
60.31%
Q3 2021
Total Assets
Q3 2021
Total Liabilities
Q3 2021
Book Value
$1.427B
Q3 2021
Cash
Q3 2021
P/E
-0.001649
Jun 26, 2023 EST
Free Cash Flow
-$207.6M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2020 2019 2018 2017 2016 2015

Expenses

Cost Of Revenues

No data

Gross Profit

No data

Gross Profit Margin

No data

Gross Profit

Concept 2020 2019 2018 2017 2016 2015

Selling, General & Admin Expense

Research & Development

No data

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

No data

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

No data

Operating Expenses Total

Operating Profits/Loss

No data

Operational Expenses

Concept 2020 2019 2018 2017 2016 2015

Interest Expenses

Interest Expenses To Operating Income %

No data

Other Expense/Income

Interest & Other Expense/Income

Concept 2020 2019 2018 2017 2016 2015

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2020 2019 2018 2017 2016 2015

Assets & Liabilities

Cash & Short-Term Investments

No data

Cash & Equivalents

Cash To Operating Expenses Ratio

No data

Inventory

No data

Receivables

No data

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

No data

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

No data

Assets & Liabilities

Concept 2020 2019 2018 2017 2016 2015

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2020 2019 2018 2017 2016 2015

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

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: A-Mark Precious Metals, Inc. ACACIA RESEARCH CORP CALIFORNIA FIRST LEASING CORP FlexShopper, Inc. Sundance Strategies, Inc. SWK Holdings Corp LM FUNDING AMERICA, INC. Mill City Ventures III, Ltd