See more : Kuang-Chi Technologies Co., Ltd. (002625.SZ) Income Statement Analysis – Financial Results
Complete financial analysis of Altisource Asset Management Corporation (AAMC) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Altisource Asset Management Corporation, a leading company in the Asset Management industry within the Financial Services sector.
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Altisource Asset Management Corporation (AAMC)
About Altisource Asset Management Corporation
Altisource Asset Management Corporation is an alternative lending company that provides liquidity and capital to under-served market and portfolio management and corporate governance services to institutional investors in the United States. The company offers its services under an asset management agreement to Altisource Residential Corporation, which acquires and manages single-family rental properties for working class families. It also provides management services to NewSource Reinsurance Company Ltd. Altisource Asset Management Corporation was founded in 2012 and is headquartered in Christiansted, Virgin Islands with the additional in United States and India.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | -11.69M | 563.00K | 3.06M | 244.00K | 15.76M | 15.93M | 18.16M | 19.99M | 248.10M | 423.30M | 71.61M | 0.00 |
| Cost of Revenue | 1.32M | 5.84M | 5.64M | 11.98M | 17.03M | 17.32M | 19.39M | 17.37M | 62.35M | 68.18M | 11.19M | 0.00 |
| Gross Profit | -13.01M | -5.28M | -2.57M | -11.73M | -1.27M | -1.39M | -1.23M | 2.62M | 185.75M | 355.12M | 60.43M | 0.00 |
| Gross Profit Ratio | 111.28% | -937.12% | -84.09% | -4,808.61% | -8.04% | -8.75% | -6.79% | 13.12% | 74.87% | 83.89% | 84.38% | 0.00% |
| Research & Development | 2.74 | -3.14 | -2.92 | -57.18 | -14.22 | -0.62 | -0.33 | -0.15 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 9.05M | 9.38M | 11.05M | 8.53M | 7.76M | 5.21M | 25.51M | 24.31M | 99.16M | 51.39M | 22.98M | 135.00K |
| Selling & Marketing | 3.15M | 338.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 72.23M | 21.79M | 0.00 | 0.00 |
| SG&A | 9.05M | 9.38M | 11.05M | 8.53M | 7.76M | 5.21M | 25.51M | 24.31M | 171.39M | 73.18M | 22.98M | 135.00K |
| Other Expenses | -11.77M | -17.67M | 154.00K | 45.00K | 155.00K | 216.00K | -25.51M | -24.31M | 7.47M | 1.07M | -742.00K | 0.00 |
| Operating Expenses | 11.77M | 5.78M | 11.05M | 8.53M | 7.76M | 5.21M | 25.51M | 24.31M | 178.86M | 74.25M | 23.01M | 135.00K |
| Cost & Expenses | 13.09M | 11.62M | 16.68M | 20.51M | 24.79M | 22.53M | 25.51M | 24.31M | 241.21M | 142.43M | 23.01M | 135.00K |
| Interest Income | 4.91M | 4.58M | 60.00K | 244.00K | 731.00K | 0.00 | 0.00 | 0.00 | 53.13M | 35.65M | 4.57M | 0.00 |
| Interest Expense | 2.79M | 1.33M | 60.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 53.13M | 35.65M | 4.57M | 0.00 |
| Depreciation & Amortization | 13.09M | 18.79M | 16.60M | 14.24M | 11.28M | 27.62M | 25.51M | 24.31M | 7.47M | 1.07M | 25.00K | 162.00K |
| EBITDA | -27.97M | 0.00 | -12.22M | -14.72M | -15.62M | -6.17M | -7.05M | -4.32M | 12.07M | 287.34M | 39.01M | -135.00K |
| EBITDA Ratio | 206.14% | -1,544.23% | -540.02% | -11,075.41% | -99.10% | -15.69% | -46.44% | -21.62% | 5.79% | 66.60% | 67.91% | 0.00% |
| Operating Income | -24.78M | -9.13M | -16.98M | -27.45M | -16.36M | -6.61M | -7.35M | -4.32M | -48.53M | 245.22M | 38.18M | -135.00K |
| Operating Income Ratio | 211.96% | -1,622.38% | -554.66% | -11,251.64% | -103.77% | -41.49% | -40.46% | -21.62% | -19.56% | 57.93% | 53.32% | 0.00% |
| Total Other Income/Expenses | -18.18M | -1.81M | 7.74M | 6.56M | 14.87M | -3.89M | 1.09M | 1.09M | 0.00 | -39.21M | -4.71M | 0.00 |
| Income Before Tax | -31.97M | -15.58M | -8.94M | -13.95M | -2.28M | -10.50M | -6.26M | -3.23M | -48.53M | 250.63M | 34.30M | -135.00K |
| Income Before Tax Ratio | 273.51% | -2,768.03% | -292.19% | -5,717.62% | -14.43% | -65.94% | -34.48% | -16.15% | -19.56% | 59.21% | 47.90% | 0.00% |
| Income Tax Expense | 573.00K | 350.00K | 3.27M | 769.00K | 338.00K | 375.00K | 708.00K | 1.71M | 354.00K | 2.10M | 44.16M | -89.00K |
| Net Income | -32.55M | -15.93M | -12.22M | -14.72M | -2.61M | -10.88M | -6.97M | -4.94M | -3.29M | 59.68M | -5.29M | -46.00K |
| Net Income Ratio | 278.41% | -2,830.20% | -399.12% | -6,032.79% | -16.58% | -68.29% | -38.38% | -24.69% | -1.33% | 14.10% | -7.39% | 0.00% |
| EPS | -11.12 | -4.89 | -3.59 | -5.31 | -0.97 | -6.75 | -4.44 | -2.82 | -1.49 | 26.31 | -2.26 | -0.02 |
| EPS Diluted | -11.12 | -4.89 | -3.32 | -5.31 | -0.97 | -6.75 | -4.44 | -2.82 | -1.49 | 21.07 | -2.26 | -0.02 |
| Weighted Avg Shares Out | 2.93M | 3.26M | 3.40M | 2.77M | 2.70M | 1.61M | 1.57M | 1.75M | 2.20M | 2.26M | 2.35M | 2.34M |
| Weighted Avg Shares Out (Dil) | 2.93M | 3.26M | 3.68M | 2.77M | 2.70M | 1.61M | 1.57M | 1.75M | 2.20M | 2.83M | 2.35M | 2.34M |
Altisource Asset Management Corporation Repurchases Preferred Shares in Global Settlement With Luxor Capital
CHRISTIANSTED, U.S. Virgin Islands--(BUSINESS WIRE)--Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) announces that it has settled litigation with Luxor Capital Group, LP and related entities (collectively “Luxor”) in respect of the Company's Series A Convertible Preferred...
Why Is Altisource Asset Management (AAMC) Stock Up 24% Today?
Altisource Asset Management (NYSEMKT: AAMC ) stock is climbing higher on Thursday after the company posted an update on its legal battle with Blackrock (NYSE: BLK ) and PIMCO. A press release from Altisource Asset Management reveals progress on the case...
Altisource Asset Management Corporation Reports Key Ruling in Blackrock and PIMCO Litigation
CHRISTIANSTED, U.S. Virgin Islands--(BUSINESS WIRE)--Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) reports a key development in its litigation seeking damages from Blackrock and PIMCO pending in the Superior Court of the U.S. Virgin Islands. On December...
Altisource Asset Management Corporation Announces Departure of COO and Interim CEO Danya Sawyer
CHRISTIANSTED, U.S. Virgin Islands--(BUSINESS WIRE)--Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) announces the resignation of Danya Sawyer, Chief Operating Officer of Alternative Lending Group, the Company's principal operating subsidiary. Ms. Sawyer, whose departure was effective December...
Altisource Asset Management Corporation Reports Receipt of Communications from NYSE
CHRISTIANSTED, U.S. Virgin Islands--(BUSINESS WIRE)--Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) announces that on November 30, 2023, the Company received a written notice (the “Notice”) from the New York Stock Exchange (“NYSE” or the “Exchange”) that...
NYSE American to Commence Delisting Proceedings Against Altisource Asset Management Corporation (AAMC)
NEW YORK--(BUSINESS WIRE)--NYSE American LLC (“NYSE American” or the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the common stock of Altisource Asset Management Corporation (the “Company”) — ticker symbol AAMC —from...
Altisource Asset Management Corporation Reports a Stock Dividend in Lieu of a Stock Split and Appointment of New CFO
CHRISTIANSTED, U.S. Virgin Islands--(BUSINESS WIRE)--Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) announces that the Board of Directors has elected to cancel the previously reported 2 for 1 common stock split and instead is proceeding with a...
Altisource Asset Management Corporation Announces Departure of CEO
CHRISTIANSTED, U.S. Virgin Islands--(BUSINESS WIRE)--Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) announces the resignation of Chief Executive Officer, Jason Kopcak. “We remain committed to the mortgage space,” said Chairman of the Board Ricardo Byrd. “As the...
Why Is Altisource Asset Management (AAMC) Stock Down 66% Today?
Altisource Asset Management (NYSEMKT: AAMC ) stock is taking a beating on Tuesday after releasing its earnings report for the second quarter of 2023. That report includes earnings per share of -$2.16 for the second quarter of the year.
Altisource Asset Management Corporation (AAMC) Q2 2023 Earnings Call Transcript
Altisource Asset Management Corporation (NYSE:AAMC ) Q2 2023 Results Conference Call August 14, 2023 4:15 PM ET Company Participants Danya Sawyer - Chief Operating Officer of Lending Operations Charles Frischer - Board Member William Erbey - Shareholder Operator Good day,...
Source: https://incomestatements.info
Category: Stock Reports