Altisource Asset Management Corp Com (AAMC) Financial Statements (2024 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)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments10,72778,34988,97840,52827,75533,974
Cash and cash equivalents10,72778,34941,62319,96527,17133,349
Short-term investments   47,35520,563584625
Disposal group, including discontinued operation 2,047 894   
Other undisclosed current assets  1,8376,7426,62319,70224,439
Total current assets:12,77480,18696,61447,15147,45758,413
Noncurrent Assets
Operating lease, right-of-use asset  8256564,339
Disposal group, including discontinued operation, noncurrent assets   1,979   
Other noncurrent assets  4655031,7581,9101,974
Total noncurrent assets:  1,2903,1386,0971,9101,974
Other undisclosed assets104,873     
TOTAL ASSETS:117,64781,47699,75253,24849,36760,387
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 liabilities63,325   6,7717,736
Total liabilities:63,3258,00416,33011,2186,7717,736
Temporary equity, carrying amount144,212150,000250,000249,958 249,546
Equity
Equity, attributable to parent(89,890)(76,528)(166,578)(207,928)(207,156)(196,895)
Common stock343430292928
Treasury stock, value(280,470)(277,589)(276,543)(276,232)(275,988)(272,328)
Additional paid in capital149,010143,52346,57444,64642,24537,765
Accumulated other comprehensive income (loss)2054(65)(33) (1,330)
Retained earnings41,51657,45063,42623,66226,55838,970
Total equity:(89,890)(76,528)(166,578)(207,928)(207,156)(196,895)
Other undisclosed liabilities and equity     249,752 
TOTAL LIABILITIES AND EQUITY:117,64781,47699,75253,24849,36760,387

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

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues4,9658,347 15,76215,92618,160
Gain (loss) on disposition of assets for financial service operations 8,347   
Financial services revenue16,010
Gross profit:4,9658,347 15,76215,92618,160
Operating expenses(18,618)(20,592)(20,510)(24,787)(22,534)(25,507)
Operating loss:(13,653)(12,245)(20,510)(9,025)(6,608)(7,347)
Nonoperating income (expense)(1,931)11,6486,5596,750(3,893)1,086
Investment income, nonoperating   244731975975
Interest and debt expense(1,328)(60)    
Loss from continuing operations before equity method investments, income taxes:(16,912)(657)(13,951)(2,275)(10,501)(6,261)
Other undisclosed income (loss) from continuing operations before income taxes1,328(8,287)    
Loss from continuing operations before income taxes:(15,584)(8,944)(13,951)(2,275)(10,501)(6,261)
Income tax expense(350)(3,273)(769)(338)(375)(708)
Loss from continuing operations:(15,934)(12,217)(14,720)(2,613)(10,876)(6,969)
Income (loss) before gain (loss) on sale of properties:(6,004)39,821(2,613)(10,876)(6,969)
Income from discontinued operations  6,21354,541   
Net income (loss) attributable to parent:(15,934)(6,004)39,821(2,613)(10,876)(6,969)
Other undisclosed net loss available to common stockholders, basic   (42)(206)(206)(206)
Net income (loss) available to common stockholders, basic:(15,934)(6,004)39,779(2,819)(11,082)(7,175)
Other undisclosed net income available to common stockholders, diluted 5,12287,961    
Net income (loss) available to common stockholders, diluted:(10,812)81,95739,779(2,819)(11,082)(7,175)

Comprehensive Income ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income (loss):(15,934)(6,004)39,821(2,613)(10,876)(6,969)
Comprehensive income (loss):(15,934)(6,004)39,821(2,613)(10,876)(6,969)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(34)(6)(32)(33) 1,332
Comprehensive income (loss), net of tax, attributable to parent:(15,968)(6,010)39,789(2,646)(10,876)(5,637)

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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