Altisource Asset Management Corp (AAMC) Financial Statements (2025 and earlier)

Company Profile

Business Address 5100 TAMARIND REEF
CHRISTIANSTED, 00820
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 65 - Real Estate (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

6/30/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments8,71310,72778,34988,97840,52827,755
Cash and cash equivalents8,71310,72778,34941,62319,96527,171
Short-term investments    47,35520,563584
Disposal group, including discontinued operation  2,047 894  
Other undisclosed current assets   1,8376,7426,62319,702
Total current assets:8,71312,77480,18696,61447,15147,457
Noncurrent Assets
Operating lease, right-of-use asset   8256564,339
Disposal group, including discontinued operation, noncurrent assets    1,979  
Other noncurrent assets   4655031,7581,910
Total noncurrent assets:   1,2903,1386,0971,910
Other undisclosed assets16,826104,873    
TOTAL ASSETS:25,539117,64781,47699,75253,24849,367
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt     265 
Disposal group, including discontinued operation    1,338  
Other undisclosed current liabilities   4,58711,7666,735 
Total current liabilities:   4,58713,1047,000 
Noncurrent Liabilities
Long-term debt and lease obligation:   7206004,218 
Liabilities, other than long-term debt   2,6972,626  
Disposal group, including discontinued operation, liabilities    1,599  
Other liabilities   2,6971,027  
Operating lease, liability   7206004,218
Total noncurrent liabilities:   3,4173,2264,218 
Other undisclosed liabilities7,17063,325   6,771
Total liabilities:7,17063,3258,00416,33011,2186,771
Temporary equity, carrying amount 144,212144,212150,000250,000249,958 
Equity
Equity, attributable to parent(125,843)(89,890)(76,528)(166,578)(207,928)(207,156)
Common stock463434302929
Treasury stock, value(284,033)(280,470)(277,589)(276,543)(276,232)(275,988)
Additional paid in capital149,160149,010143,52346,57444,64642,245
Accumulated other comprehensive income (loss)142054(65)(33) 
Retained earnings8,97041,51657,45063,42623,66226,558
Total equity:(125,843)(89,890)(76,528)(166,578)(207,928)(207,156)
Other undisclosed liabilities and equity      249,752
TOTAL LIABILITIES AND EQUITY:25,539117,64781,47699,75253,24849,367

Income Statement (P&L) ($ in thousands)

6/30/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues3,1674,9658,347 15,76215,926
Gain (loss) on disposition of assets for financial service operations(2,214) 8,347   
Gross profit:3,1674,9658,347 15,76215,926
Operating expenses(21,924)(18,618)(20,592)(20,510)(24,787)(22,534)
Operating loss:(18,757)(13,653)(12,245)(20,510)(9,025)(6,608)
Nonoperating income (expense)(13,216)(1,931)11,6486,5596,750(3,893)
Investment income, nonoperating    244731975
Interest and debt expense(2,793)(1,328)(60)   
Loss from continuing operations before equity method investments, income taxes:(34,766)(16,912)(657)(13,951)(2,275)(10,501)
Other undisclosed income (loss) from continuing operations before income taxes2,7931,328(8,287)   
Loss from continuing operations before income taxes:(31,973)(15,584)(8,944)(13,951)(2,275)(10,501)
Income tax expense(573)(350)(3,273)(769)(338)(375)
Loss from continuing operations:(32,546)(15,934)(12,217)(14,720)(2,613)(10,876)
Income (loss) before gain (loss) on sale of properties:(6,004)39,821(2,613)(10,876)
Income from discontinued operations   6,21354,541  
Net income (loss) attributable to parent:(32,546)(15,934)(6,004)39,821(2,613)(10,876)
Other undisclosed net income (loss) available to common stockholders, basic   (42)(206)(206)
Net income (loss) available to common stockholders, basic:(32,546)(15,934)(6,004)39,779(2,819)(11,082)
Other undisclosed net income available to common stockholders, diluted  5,12287,961   
Net income (loss) available to common stockholders, diluted:(32,546)(10,812)81,95739,779(2,819)(11,082)

Comprehensive Income ($ in thousands)

6/30/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income (loss):(32,546)(15,934)(6,004)39,821(2,613)(10,876)
Comprehensive income (loss):(32,546)(15,934)(6,004)39,821(2,613)(10,876)
Other undisclosed comprehensive loss, net of tax, attributable to parent(6)(34)(6)(32)(33) 
Comprehensive income (loss), net of tax, attributable to parent:(32,552)(15,968)(6,010)39,789(2,646)(10,876)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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