See more : Lithium Energy Limited (LEL.AX) 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.
You may be interested
- Sumitomo Corporation (SSUMY) Income Statement Analysis – Financial Results
- Golden Valley Bancshares, Inc. (GVYB) Income Statement Analysis – Financial Results
- Automatic Data Processing, Inc. (ADP) Income Statement Analysis – Financial Results
- National Bank of Greece S.A. (ETE.AT) Income Statement Analysis – Financial Results
- Nippon Television Holdings, Inc. (9404.T) Income Statement Analysis – Financial Results
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 Could Go From Deep Value To Speculative Crypto Play
At a glance, Altisource's balance sheet looks awful. However, recent settlements with preferred holders indicate their preferred should be valued at pennies on the dollar.
Altisource Asset Management Corporation Reports Second Quarter 2021 Results
CHRISTIANSTED, U.S. Virgin Islands, Aug. 16, 2021 (GLOBE NEWSWIRE) -- Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) today announced financial and operating results for the second quarter of 2021.
Altisource Asset Management Corporation Reports First Quarter 2021 Results
CHRISTIANSTED, U.S. Virgin Islands, May 18, 2021 (GLOBE NEWSWIRE) -- Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) today announced financial and operating results for the first quarter of 2021.
Altisource Asset Management Corporation Terminates Chief Executive Officer
CHRISTIANSTED, U.S. Virgin Islands, April 19, 2021 (GLOBE NEWSWIRE) -- On April 16, 2021, the Board of Directors (the “Board”) of Altisource Asset Management Corporation (the “Company”) terminated the Company's Chief Executive Officer, Indroneel Chatterjee, for cause, effective immediately, for...
Altisource Asset Management Corporation Reports Fourth Quarter and Full Year 2020 Results
CHRISTIANSTED, U.S. Virgin Islands, March 03, 2021 (GLOBE NEWSWIRE) -- Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) today announced financial and operating results for the fourth quarter and full year of 2020.
Altisource Asset Management Corporation Reports Completion of Previously Announced Termination of Asset Management Agreement with Front Yard Residential Corporation
CHRISTIANSTED, U.S. Virgin Islands, Jan. 06, 2021 (GLOBE NEWSWIRE) -- Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) is pleased to announce that the Company has completed the previously announced transition contemplated by the Termination and Transition...
Altisource Asset Management Corporation Reports Third Quarter 2020 Results
CHRISTIANSTED, U.S. Virgin Islands, Nov. 06, 2020 (GLOBE NEWSWIRE) -- Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) today announced financial and operating results for the third quarter of 2020.
Front Yard Residential: Steps In The Right Direction, But Still Overvalued And Overleveraged
Front Yard Residential is a single-family-residential REIT that has struggled with high costs and mounting debt as it borrows money to make dividend payments.
Altisource Asset Management Corporation Announces Hiring of Co-Chief Executive Officer
CHRISTIANSTED, U.S. Virgin Islands, Jan. 13, 2020 (GLOBE NEWSWIRE) -- Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American:...
Source: https://incomestatements.info
Category: Stock Reports