Emergent Capital

EMERGENT CAPITAL, INC. (NYSE:EMG) is a specialty finance company that invests in life settlements. The company purchases individual policies and portfolios of life insurance policies. It manages those assets based on comprehensive actuarial and market data.

Led by a management and investment team that is nimble, market-tested and committed to making sound investment decisions, Emergent Capital provides market leadership to the life settlement industry and a timely investment alternative to investors.


Type
Public
HQ
Boca Raton, US
Founded
2006
Size (employees)
32 (est)
Emergent Capital was founded in 2006 and is headquartered in Boca Raton, US

Emergent Capital Office Locations

Emergent Capital has an office in Boca Raton
Boca Raton, US (HQ)
701 5355 Town Center Rd

Emergent Capital Data and Metrics

Emergent Capital Financial Metrics

Emergent Capital's revenue was reported to be $25.6 m in Q1, 2017
USD

Revenue (Q1, 2017)

25.6 m

Net income (Q1, 2017)

1.7 m

Cash (31-Mar-2017)

2.1 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

89.1 m43.8 m46.9 m1.1 m

Revenue growth, %

(51%)7%(98%)

Operating expense total

37.2 m48.8 m86 m50.5 m

Interest expense

13.7 m16.2 m27.3 m29.4 m

Interest income

258 k136 k22 k

Pre tax profit

51.9 m(5 m)(39.1 m)(49.4 m)

Income tax expense

39 k125 k(8.7 m)

Net Income

65.3 m(5.5 m)(31 m)(49.7 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

9 m13 m28 m2.8 m8.5 m(15.8 m)4.8 m25.6 m

Interest income

33 k7 k

Pre tax profit

(10.5 m)(6.5 m)(6.1 m)644 k(18.2 m)(7.4 m)(9.8 m)(8.5 m)1.9 m

Net Income

(9.8 m)(14.3 m)(4.3 m)(3.5 m)(17.1 m)(7.5 m)(17.4 m)(26 m)1.7 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

14.7 m51.2 m12.9 m2.2 m

Accounts Receivable

31.2 m

Total Assets

348.1 m459.9 m509.9 m525.8 m

Accounts Payable

3 m6.1 m3.1 m2.6 m

Total Liabilities

352.9 m

Common Stock

212 k281 k290 k

Additional Paid-in Capital

239.5 m266.7 m305.5 m307.6 m

Retained Earnings

(46.3 m)(51.8 m)(82.8 m)(132.5 m)

Total Equity

193.4 m215.1 m220.4 m172.9 m

Financial Leverage

1.8 x2.1 x2.3 x3 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

67.7 m53.7 m34.4 m52.5 m31.3 m32.5 m15.4 m9.8 m2.1 m

Total Assets

430.5 m417.8 m485 m541.3 m515.8 m547.2 m524.8 m533.9 m565.1 m

Accounts Payable

4.2 m5.2 m7.1 m4.8 m4.8 m4.5 m3.2 m3.6 m3.9 m

Common Stock

213 k214 k214 k281 k281 k281 k284 k288 k

Additional Paid-in Capital

266.3 m266.5 m266.9 m305.3 m305.4 m305.5 m305.6 m307.2 m307.8 m

Retained Earnings

(56.1 m)(60.6 m)(56.1 m)(55.3 m)(68.9 m)(90.4 m)(100.3 m)(108.9 m)(130.8 m)

Total Equity

210.4 m206.1 m211 m250.3 m236.4 m212.9 m203.1 m196.1 m174.7 m

Financial Leverage

2 x2 x2.3 x2.2 x2.2 x2.6 x2.6 x2.7 x3.2 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

65.3 m(5.5 m)(31 m)(49.7 m)

Depreciation and Amortization

183 k88 k113 k108 k

Accounts Receivable

95 k95 k

Accounts Payable

(2.9 m)3.2 m(3.1 m)(287 k)

Cash From Operating Activities

(24.4 m)(32.9 m)(54.3 m)(45.6 m)

Cash From Investing Activities

(29 m)(46 m)(41 m)(26.1 m)

Cash From Financing Activities

60.7 m62.7 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(9.8 m)(14.3 m)(4.3 m)(3.5 m)(17.1 m)(7.5 m)(17.4 m)(26 m)1.7 m

Depreciation and Amortization

45 k59 k24 k49 k74 k27 k52 k76 k26 k

Accounts Payable

1.3 m2.5 m1.1 m(1.4 m)(1.5 m)(291 k)186 k602 k1.4 m

Cash From Operating Activities

(14.8 m)(24 m)(13.1 m)(26.1 m)(37.4 m)(11.5 m)(23.3 m)(34.7 m)(8.8 m)

Cash From Investing Activities

(11.3 m)(26.6 m)(26.7 m)(39 m)(29.7 m)(1.2 m)(19.8 m)(31.2 m)(5.6 m)

Cash From Financing Activities

85.8 m86.3 m24.4 m65.8 m52.6 m40.2 m46.7 m64.4 m21.1 m
USDY, 2017

Revenue/Employee

799.7 k

Financial Leverage

3.2 x

Emergent Capital Online and Social Media Presence

Emergent Capital Company Life and Culture

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