Emergent Capital, Inc. is a specialty finance company that invests in life settlements. The Company purchases individual policies and portfolios of life insurance policies and manages those assets based on comprehensive actuarial and market data. We have access to an extensive network of life settlement brokers and third-party providers from which the company is able to build diversified life insurance portfolios. Emergent Capital aims to generate a consistent flow of investment opportunities covering all aspects of the life settlements market place. These range from lending to outright purchases of portfolios, to tertiary trades, as well as individual secondary market purchases.

Type
Public
HQ
Boca Raton, US
Founded
2006
Size (employees)
24 (est)
Emergent Capital was founded in 2006 and is headquartered in Boca Raton, US
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Key People/Management at Emergent Capital

Patrick Curry

Patrick Curry

Chief Executive Officer and Chairman
Miriam Martinez

Miriam Martinez

Senior Vice President and Chief Financial Officer

Emergent Capital Office Locations

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

Emergent Capital Financials

Emergent Capital's revenue was reported to be $51.87 m in FY, 2017
USD

Revenue (Q1, 2018)

5.6 m

Net income (Q1, 2018)

(4 m)

Cash (31-Mar-2018)

12.9 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

89.1 m43.8 m46.9 m1.1 m51.9 m

Revenue growth, %

(51%)7%(98%)

Operating expense total

55.1 m

Interest expense

13.7 m16.2 m27.3 m29.4 m32.8 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Revenue

17.5 m13.6 m9 m13 m28 m2.8 m8.5 m(15.8 m)4.8 m25.6 m3.5 m5.6 m

Operating expense total

11.3 m12.9 m19.5 m2.9 m19.1 m27.4 m21 m15.9 m(6 m)13.3 m23.7 m9.9 m9.6 m

Interest expense

1.2 m2.8 m4.1 m4.3 m6.3 m6.6 m8.6 m6.1 m7.4 m7.9 m7.5 m8.2 m7.6 m

Interest income

58 k29 k33 k7 k
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

14.7 m51.2 m12.9 m2.2 m18.1 m

Accounts Receivable

31.2 m

Inventories

PP&E

145 k
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Cash

10 m79.1 m67.7 m53.7 m34.4 m52.5 m31.3 m32.5 m15.4 m9.8 m2.1 m623 k12.9 m

PP&E

124 k

Total Assets

330.1 m421.5 m430.5 m417.8 m485 m541.3 m515.8 m547.2 m524.8 m533.9 m565.1 m580.3 m649.3 m

Accounts Payable

8.8 m5.4 m4.2 m5.2 m7.1 m4.8 m4.8 m4.5 m3.2 m3.6 m3.9 m6.2 m1.9 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

65.3 m(5.5 m)(31 m)(49.7 m)(3.5 m)

Depreciation and Amortization

183 k88 k113 k108 k102 k

Inventories

Accounts Payable

(2.9 m)3.2 m(3.1 m)(287 k)779 k
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Net Income

49.6 m(3.3 m)(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(6.5 m)(4 m)

Depreciation and Amortization

142 k26 k45 k59 k24 k49 k74 k27 k52 k76 k26 k52 k23 k

Accounts Payable

2.5 m2.2 m1.3 m2.5 m1.1 m(1.4 m)(1.5 m)(291 k)186 k602 k1.4 m3.7 m159 k

Cash From Operating Activities

(14.6 m)(5.6 m)(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)(17 m)(11.8 m)
USDY, 2018

Financial Leverage

3.4 x
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Emergent Capital Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017

Aggregate Death Benefit

$2.93 m$3 m$2.98 m$3 m$2.98 m$2.97 m$2.97 m$2.95 m$2.95 m$2.91 m

Aggregate Fair Value

$388.89 k$429.55 k$438.99 k$457.81 k$461.93 k$475.36 k$473.05 k$483.40 k$498.40 k$506.67 k

Insurance Policies Owned

607 632 633 634 632 626 625 623 621 617

Monthly Premium, average per policy

$7.80 $8.20 $8.40 $8.90 $9.10 $9.60 $10.30 $10.60 $11 $11.40
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Emergent Capital Online and Social Media Presence

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Emergent Capital News and Updates

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