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Sundance Strategies Inc (SUND) |
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Price: $0.4520
$-0.11 
-18.967%
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| Day's High:
| $0.5578
| Week Perf:
| -9.6 %
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| Day's Low: |
$ 0.45 |
30 Day Perf: |
-54.8 % |
| Volume (M): |
2 |
52 Wk High: |
$ 1.60 |
| Volume (M$): |
$ 1 |
52 Wk Avg: |
$0.95 |
| Open: |
$0.56 |
52 Wk Low: |
$0.44 |
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| Market Capitalization (Millions $) |
19 |
| Shares
Outstanding (Millions) |
43 |
| Employees |
- |
| Revenues (TTM) (Millions $) |
- |
| Net Income (TTM) (Millions $) |
-2 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
0 |
Sundance Strategies Inc
We are a specialty financial services company engaged in the secondary market
for interests in life insurance policies known generally as “life settlements.”
A life settlement is the sale of an existing life insurance policy to a third
party for more than the policy’s cash surrender value, but less than the
face value of the policy benefit. After the sale, the new policy holder will pay
the premiums due on the policy until maturity and then collect the settlement
proceeds at maturity.
We do not purchase or hold life insurance policies but, rather, hold a contractual
right to receive the net insurance benefits, or NIBs, from a portfolio of life
insurance policies held by a third party. These NIBs represent an indirect,
residual ownership interest in a portfolio of individual life insurance policies
and they allow us to receive a portion of the settlement proceeds from such
policies, after expenses related to the acquisition, financing, insuring and
servicing of the policies underlying our NIBs have been paid.
Company Address: 4626 North 300 West Provo 84604 UT
Company Phone Number: 717-3935 Stock Exchange / Ticker: SUND
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Customers Net Income grew by |
SUND's Customers Net Profit Margin grew to |
45.02 % |
26.75 %
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| Stock Performances by Major Competitors |
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| Sundance Strategies Inc
In the dynamic world of the stock market, investors closely analyze the performance of various companies to make informed investment decisions. One such company that stockholders have been keenly observing is Sundance Strategies Inc, a prominent Insurance Brokerage firm. In this article, we will delve into the latest financial statements released for the period spanning January to March 2024, highlighting interesting facts and market observations.
Stable Revenue and Close Attention to Operating Shortfall
The stockholders of Sundance Strategies Inc did not anticipate any adjustments to the revenue during the reporting season from January to March 31, 2024. This news brought relief to investors. However, their primary focus shifted towards the operating shortfall of the Insurance Brokerage company during the same period.
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| Sundance Strategies Inc
The latest financial results from the Insurance Brokerage industry are causing quite a stir among industry contributors. The company in question has reported an operating deficit of $-0.147842 million for the third quarter of 2024, a slight improvement from the previous year's operating deficit of $-0.149158 million. While these numbers may not seem like a significant change on the surface, they could have some major implications for the company's future.
One of the most striking aspects of these results is the company's ability to reduce its deficit from the previous quarter. In the October to December 31 2023 reporting season, the company managed to cut its deficit to $-0.363 million, down from $-0.672 million in the third quarter of 2023. This improvement could signal a positive shift in the company's financial health and may indicate that their business strategy is starting to pay off.
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| Sundance Strategies Inc
The Insurance Brokerage industry continues to undergo changes and adapt to evolving market conditions. As we delve into the second quarter of 2024, it becomes evident that one particular corporation has made significant strides in operating efficiency. In this article, we will analyze the recent numbers and provide insights into the potential future performance of the industry.
Operating Shortfall Improvement
To begin dissecting the financial performance, it is important to note that the company in question has not specified any revenue figures for the July to September 2023 reporting period. Despite the lack of revenue information, industry observers are intrigued by the operating shortfall's decline. In the second quarter of 2023, the organization recorded an operating shortfall of $-0.161534 million. However, in the second quarter of 2024, this number improved significantly, with only a shortfall of $-0.092698 million.
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| Sundance Strategies Inc
Over the past week, shares of Sundance Strategies Inc have seen a decline in value. Currently, the company's shares are trading at a significant 45.4% below its 52-week average. This decrease in stock value can be attributed to the financial performance and metrics reported for the April to June 30, 2023, time-frame.
During this period, Sundance Strategies Inc reported a loss of $0.01 per share, compared to the previous year's loss of $0.01 per share. However, there has been an improvement in earnings per share (EPS) from the previous reporting period, which stood at a loss of $0.04 per share. It is worth noting that the revenue remained unchanged at $0.00 million from the previous year's corresponding reporting period, as well as sequentially.
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| Sundance Strategies Inc
In the ever-evolving world of finance, the earnings cycle for fiscal January to March 31, 2023 has resumed, leading to a slew of reports from various industries. One such industry is the Life Insurance sector, with Sundance Strategies Inc at the forefront, announcing its operating loss for the period ending on March 31, 2023.
During this fiscal period, Sundance Strategies Inc recorded an operating loss of $-0.171134 million. However, it is worth noting that the emerging growth corporation has shown signs of improvement compared to the corresponding period in the previous year. Back then, the company reported an operating loss of $-0.51121 million.
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| Per Share |
Current |
| Earnings (TTM) |
-0.05 $ |
| Revenues (TTM) |
-
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| Cash Flow (TTM) |
0.01 $ |
| Cash |
0.01 $
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| Book Value |
-
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| Dividend (TTM) |
0 $ |
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| Per Share |
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| Earnings (TTM) |
-0.05 $
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| Revenues (TTM) |
- |
| Cash Flow (TTM) |
0.01 $ |
| Cash |
0.01 $
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| Book Value |
- |
| Dividend (TTM) |
0 $ |
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0.33%