Inactive Instrument

GWG Holdings, Inc.

GWGH

US36192A1097

Gwg Holdings, Inc. Reports Earnings Results for the Full Year Ended December 31, 2019

March 27, 2020 at 05:18 pm EDT

GWG Holdings, Inc. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced total revenue was USD 92.276 million compared to negative total revenue of USD 390,000 a year ago. Net income was USD 108.109 million compared to net loss of USD 119.451 million a year ago. Basic earnings per share from continuing operations was USD 2.76 compared to basic loss per share from continuing operations of USD 22.32 a year ago. Diluted earnings per share from continuing operations was USD 2.65 compared to diluted loss per share from continuing operations of USD 22.32 a year ago.

Latest news about GWG Holdings, Inc.

GWG Holdings, Inc. Emerged from Bankruptcy	23-08-01	CI
Motion for Asset Sale Approved for GWG Holdings, Inc.	23-06-21	CI
Fourth Modified Second Amended Reorganization Plan Approved for GWG Holdings, Inc.	23-06-20	CI
Motion for Asset Sale Filed by GWG Holdings, Inc.	23-06-08	CI
Fifth Motion for Exclusivity Period Extension Approved For GWG Holdings, Inc.	23-05-01	CI
Fourth Modified Second Amended Disclosure Statement Approved for GWG Holdings, Inc.	23-04-21	CI
Second Amended Joint Reorganization Plan and Disclosure Statement Filed by GWG Holdings, Inc.	23-03-22	CI
First Amended Joint Reorganization Plan and Disclosure Statement Filed by GWG Holdings, Inc.	23-02-09	CI
GWG Holdings Appoints Michael A. Tucker as Chief Financial Officer	22-12-15	CI
GWG Holdings, Inc. Announces Resignation of Murray Holland from Board of Directors	22-12-01	CI
Joint Reorganization Plan and Disclosure Statement Filed by GWG Holdings, Inc.	22-12-01	CI
Final DIP Replacement Financing Approved for GWG Holdings, Inc.	22-12-01	CI
GWG Holdings, Inc. Announces Board Resignations	22-11-17	CI
GWG Holdings, Inc. Appoints Jeffrey S. Stein as President	22-11-17	CI
GWG Holdings, Inc. Appoints Jeffrey S. Stein as Chief Executive Officer	22-11-17	CI
GWG Holdings, Inc. Announces Resignations of Timothy L. Evans as Chief Financial Officer	22-11-14	CI
GWG Holdings, Inc. Announces Resignations of Murray T. Holland as Chief Executive Officer	22-11-14	CI
GWG Holdings, Inc. Announces Executive Resignations	22-11-14	CI
Fourth Motion for Exclusivity Period Extension Approved For GWG Holdings, Inc.	22-11-07	CI
Third Motion for Exclusivity Period Extension Approved For GWG Holdings, Inc.	22-10-31	CI
Motion for Joint Administration Filed by GWG Holdings, Inc.	22-10-31	CI
Motion for Joint Administration Approved for GWG Holdings, Inc.	22-10-31	CI
Affiliate Company Joined GWG Holdings, Inc. Bankruptcy	22-10-31	CI
Second Motion for Exclusivity Period Extension Approved For GWG Holdings, Inc.	22-10-11	CI
First Motion for Exclusivity Period Extension Approved For GWG Holdings, Inc.	22-09-08	CI

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Company Profile

GWG Holdings, Inc. is a financial services company. The Company 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.

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Life & Health Insurance

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