Lighthouse Life Reports Y2Y Revenue Growth for FY 2021, Following SEC Requalification of Beacon Bonds

Clock February 09, 2022

NEWS >

Lighthouse Life Letter from the CEO 2021

Lighthouse Life Capital, LLC (“Lighthouse Life” or the “Company”) reported that the Lighthouse Life Beacon Bonds were requalified by the US Securities and Exchange Commission (SEC) on February 1, 2022, following the Company’s December filing of its offering circular (Form 1-A POS) and January filing of its audited financial statements (1-K) with the SEC.

Lighthouse Life reported a total revenue increase of 53% to $1.3 million, up from $870,000 for the same period in 2020. Lighthouse Life also reported that it had raised $15.5 million in Beacon Bond sales in 2021.

“Lighthouse Life is growing steadily because we’re successfully executing on our marketing and advertising strategies, which have resulted in over 1,200 seniors each month contacting us about selling their life insurance policies,” said Michael Freedman, Lighthouse Life CEO. “As a result, we’ve already seen significant growth in the Company’s pipeline of life insurance policies to offer on and purchase.”

“We are grateful to our investors for their support,” said Freedman.

Total operating expenses increased by 22% for FY 2021 compared to FY 2020. The increase is attributable to the Company’s investment in direct-to-consumer marketing, including the development and launch of the Company’s first national television campaign, and the broad expansion of digital advertising and other marketing activities. External partnerships, staffing, and other company infrastructure associated with distributing the Beacon Bond and policy sourcing activities also contributed to the increase.

Since the September 2021 launch of the “Settle for a Better Life” television campaign, consumer awareness of life settlements and Lighthouse Life have skyrocketed. The commercial has appeared more than 340 million times across broadcast, cable networks and streaming platforms. As a result, the number of policies under consideration for purchase by Lighthouse Life has increased by 25%, and the cumulative face value of those policies has increased by 37% as compared to the same period in 2020.

Lighthouse Life has continued to realize increased lead generation and policy acquisition flow, with 18% more policies submitted to Lighthouse Life for review and a 60% increase in total aggregate policy face value in FQ1 2022 as compared to FQ4 2021.

“We are focused on our continued growth,” said Freedman. “The Lighthouse Life team’s experience and execution of our marketing and capital raising strategies have been critical factors to our success. We are changing the way our industry operates and creating lasting long-term value for our investors.”

For more information about Lighthouse Life, call 445-200-5650 or visit https://www.lighthouselifecapital.com/.