Altisource Asset Management Corporation (AAMC)
| Market Cap | 8.69M |
| Revenue (ttm) | 3.17M |
| Net Income (ttm) | -32.55M |
| Shares Out | 2.55M |
| EPS (ttm) | -11.12 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 6,000 |
| Open | 3.450 |
| Previous Close | 3.625 |
| Day's Range | 3.281 - 3.520 |
| 52-Week Range | 2.640 - 60.882 |
| Beta | 1.44 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | May 13, 2024 |
About AAMC
AAMC has historically been an asset management company that provides portfolio management and corporate governance services to investment vehicles but given the sale and discontinuance of certain operations the Company is in the process of repositioning itself. Additional information is available at www.altisourceamc.com. [Read more]
Financial Performance
In 2023, AAMC's revenue was $3.17 million, a decrease of -36.21% compared to the previous year's $4.97 million. Losses were -$32.55 million, 201.0% more than in 2022.
Financial StatementsNews
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...
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...
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 ...
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...
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 ...
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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...
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...
Altisource Asset Management Corporation Reports Second Quarter 2023 Results
CHRISTIANSTED, U.S. Virgin Islands--(BUSINESS WIRE)--Altisource Asset Management Corporation Reports Second Quarter 2023 Results.
Altisource Asset Management Corporation to Host Second Quarter and 2023 Earnings Conference Call
CHRISTIANSTED, U.S. Virgin Islands--(BUSINESS WIRE)--Altisource Asset Management Corporation to Host Second Quarter and 2023 Earnings Conference Call.
Altisource Asset Management Corporation Announces a Two-for-One Stock Split
CHRISTIANSTED, U.S. Virgin Islands--(BUSINESS WIRE)--Altisource Asset Management Corporation Announces a Two-for-One Stock Split.
Altisource Asset Management Corporation Announces Favorable Ruling from New York Appellate Court
CHRISTIANSTED, U.S. Virgin Islands--(BUSINESS WIRE)--Altisource Asset Management Corporation (NYSE: AAMC) announced today that the Supreme Court of the State of New York, Appellate Division, First Jud...
AAMC Issues Statement Regarding JPMorgan Chase Settlement Involving Jeffrey Epstein
CHRISTIANSTED, U.S. Virgin Islands--(BUSINESS WIRE)--In light of today's litigation settlement by JPMorgan Chase & Co. and given that AAMC is based in the U.S. Virgin Islands, the company issued the f...
Altisource Asset Management Corporation Reports First Quarter 2023 Results
CHRISTIANSTED, U.S. Virgin Islands--(BUSINESS WIRE)--Altisource Asset Management Corporation Reports First Quarter 2023 Results.
Altisource Asset Management Corporation to Host First Quarter and 2023 Earnings Conference Call
CHRISTIANSTED, U.S. Virgin Islands--(BUSINESS WIRE)--First Quarter & 2023 Earnings Conference Call.
Altisource Asset Management Corporation Reports Fourth Quarter and Full Year 2022 Results
CHRISTIANSTED, U.S. Virgin Islands--(BUSINESS WIRE)--Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) today announced financial and operating results for the fou...
Altisource Asset Management Corporation to Host Fourth Quarter and Year End 2022 Earnings Conference Call – Revision to scheduled call time
CHRISTIANSTED, U.S. Virgin Islands--(BUSINESS WIRE)--Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE: AAMC) has revised the time in which it will host a conference call and liv...
AAMC to Host Fourth Quarter and Year End 2022 Earnings Conference Call
CHRISTIANSTED, U.S. Virgin Islands--(BUSINESS WIRE)--Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE: AAMC) will host a conference call and live webcast on Thursday, March 23, ...
AAMC CEO Jason Kopcak Featured as Guest on the Smart Money Circle Podcast, Hosted by Adam Sarhan
CHRISTIANSTED, U.S. Virgin Islands--(BUSINESS WIRE)--Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE: AAMC) announced that CEO Jason Kopcak was a featured guest on the latest e...
AAMC Announces Agreement with B. Riley Financial to Repurchase Common Stock
AAMC Announces Agreement with B. Riley Financial to Repurchase Common Stock
AAMC Enters into Forward Sale Contracts to Sell Alternative Credit Products
CHRISTIANSTED, U.S. Virgin Islands--(BUSINESS WIRE)--Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE: AAMC) announces that it has entered into forward contracts to sell alter...
AAMC Hires Danya Sawyer as Chief Operating Officer of Alternative Lending Group
CHRISTIANSTED, U.S. Virgin Islands--(BUSINESS WIRE)--Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE: AAMC) announces that Danya Sawyer will join the Company as Chief Operati...
AAMC Issues Preferred Stock to USVI Executives; CEO Preferred Stock Dividend to Include One Share of Common Stock for Every Three Shares Repurchased
CHRISTIANSTED, U.S. Virgin Islands--(BUSINESS WIRE)--Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE: AAMC) announced that it has issued preferred stock to both Jason Kopcak,...
Arbitrator Awards AAMC $1.6 Million in Arbitration Brought by its Former CEO
CHRISTIANSTED, U.S. Virgin Islands--(BUSINESS WIRE)--Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE: AAMC) announced that the arbitrator awarded the Company more than $1.6 m...
Altisource Asset Management Corporation Enters into New $50 Million Line of Credit
CHRISTIANSTED, U.S. Virgin Islands, Dec. 05, 2022 (GLOBE NEWSWIRE) -- Altisource Asset Management Corporation (NYSE: AAMC) announced today that it has entered into an agreement for a $50 million line ...