GWG Holdings, Inc. (GWGHQ) Stock

About GWG Holdings, Inc.

GWG Holdings, Inc. operated as a financial services enterprise that specialized in delivering diverse liquidity solutions and related services to individuals holding illiquid alternative assets across a broad international scope, including North America, Asia, Western Europe, and both Latin and South America. The firm was structured into two primary divisions: Secondary Life Insurance and Beneficient. Within its Secondary Life Insurance segment, it facilitated access to cash for life insurance policyholders and managed its own collection of such policies. Furthermore, GWG maintained a substantial financial product distribution network, comprising roughly 145 independent broker-dealers and approximately 5,000 independent financial advisors. It was also involved in creating and marketing epigenetic technology specifically for the life insurance sector. Established in 2006, GWG Holdings, Inc. had its corporate headquarters situated in Dallas, Texas. However, on April 20, 2022, the company and its associated entities initiated Chapter 11 bankruptcy proceedings, filing a voluntary petition for reorganization with the U.S. Bankruptcy Court for the Southern District of Texas.

GWG Holdings, Inc. is headquartered in US.

GWG Holdings, Inc. (GWGHQ) stock trades at $0.01 with a market capitalization of $228358. The stock is valued at price-to-book of 0.00, price-to-sales of 0.00. Over the past 52 weeks the stock has ranged between $0.01 and $6.49, and currently trades 99.8% below its 52-week high.

On profitability, GWG Holdings, Inc. generates a return on equity (ROE) of -86.06% (negative, reflecting a net loss), a net profit margin of -174.19%.

Official website: gwgh.com

GWG Holdings, Inc. by the numbers, 2011–2020

Between 2011 and 2020 GWG Holdings, Inc. reported revenue of $18.0M rising to $124.0M, a change of +588.9% across 10 years. Compounded, revenue has grown 25.4% a year over five years, 24.7% over three, 34.8% over the last twelve months. Net profit fell to $-216.0M.

The most recent net margin is -174.19%. On a trailing twelve-month basis to Sep '21, revenue is $106.0M and net profit $-215.0M.

Cash from operations was $-182.0M in the latest year, positive in 0 of the last 10.

Return on equity has averaged -23.3% over five years, and was -86.1% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

GWG Holdings, Inc. (GWGHQ) — frequently asked questions