GWGH reports the following highlights:
•Quarterly revenue growth of 56% and 131% compared to the three and six month periods one year ago.
•Portfolio growth of $51.3 million in face value to over $806 million in face value of policy benefits, net of matured policy benefit payments as of June 30, 2015.
•Direct policy-sourcing efforts grew significantly, with 28% of the life insurance policies in the Company's origination pipeline coming from direct sources as of August 3, 2015.
•Financial professionals approved to source life insurance policies for the Company increased to over 850 as of June 30, 2015.
•Financial professionals approved to sell the Company's $1,000,000,000 high yield, non-correlated L Bond Offering increased by 1,700, bringing the total to approximately 3,100 as of August 3, 2015.
•Total liquidity position of $82.0 million – cash, policy benefit receivables plus senior lending facility surplus – was available for life insurance policy acquisitions and premium payments as of June 30, 2015.
