Ambac Financial Group, Inc. (AMBC)
NYSE: AMBC · Real-Time Price · USD
12.38
+0.06 (0.49%)
Nov 20, 2024, 4:00 PM EST - Market closed
Ambac Financial Group Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2014 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2014 |
| Premiums & Annuity Revenue | 130 | 78 | 56 | 47 | 54 | 66 | Upgrade
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| Total Interest & Dividend Income | 156 | 140 | 17 | 139 | 122 | 227 | Upgrade
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| Gain (Loss) on Sale of Investments | -12 | -22 | 31 | 7 | 22 | 81 | Upgrade
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| Other Revenue | 124 | 73 | 195 | 56 | -42 | -12 | Upgrade
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| Total Revenue | 398 | 269 | 299 | 249 | 156 | 362 | Upgrade
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| Revenue Growth (YoY) | 22.46% | -10.03% | 20.08% | 59.62% | -56.91% | -28.46% | Upgrade
|
| Policy Benefits | 72 | -33 | -396 | -88 | 225 | 13 | Upgrade
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| Policy Acquisition & Underwriting Costs | 56 | 40 | 21 | 16 | - | - | Upgrade
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| Amortization of Goodwill & Intangibles | 41 | 29 | 47 | 55 | 57 | 295 | Upgrade
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| Selling, General & Administrative | 173 | 156 | 141 | 111 | 92 | 103 | Upgrade
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| Other Operating Expenses | - | 1 | 1 | - | - | - | Upgrade
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| Total Operating Expenses | 342 | 193 | -186 | 94 | 374 | 411 | Upgrade
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| Operating Income | 56 | 76 | 485 | 155 | -218 | -49 | Upgrade
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| Interest Expense | -68 | -64 | -168 | -187 | -222 | -269 | Upgrade
|
| Other Non Operating Income (Expenses) | -2 | - | - | 1 | - | -8 | Upgrade
|
| EBT Excluding Unusual Items | -14 | 12 | 317 | -31 | -440 | -326 | Upgrade
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| Gain (Loss) on Sale of Investments | - | - | 1 | - | - | - | Upgrade
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| Legal Settlements | - | - | 126 | - | - | 142 | Upgrade
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| Other Unusual Items | - | - | 81 | 33 | - | - | Upgrade
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| Pretax Income | -14 | 12 | 525 | 2 | -440 | -184 | Upgrade
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| Income Tax Expense | 10 | 7 | 2 | 18 | -3 | 32 | Upgrade
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| Earnings From Continuing Ops. | -24 | 5 | 523 | -16 | -437 | -216 | Upgrade
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| Minority Interest in Earnings | 1 | -1 | -1 | -1 | - | - | Upgrade
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| Net Income | -23 | 4 | 522 | -17 | -437 | -216 | Upgrade
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| Preferred Dividends & Other Adjustments | -2 | -5 | -3 | 12 | - | - | Upgrade
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| Net Income to Common | -21 | 9 | 525 | -29 | -437 | -216 | Upgrade
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| Net Income Growth | - | -99.23% | - | - | - | - | Upgrade
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| Shares Outstanding (Basic) | 46 | 46 | 46 | 47 | 46 | 46 | Upgrade
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| Shares Outstanding (Diluted) | 46 | 47 | 46 | 47 | 46 | 46 | Upgrade
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| Shares Change (YoY) | -0.87% | 0.27% | -0.26% | 0.84% | 0.42% | -1.30% | Upgrade
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| EPS (Basic) | -0.45 | 0.20 | 11.48 | -0.62 | -9.47 | -4.70 | Upgrade
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| EPS (Diluted) | -0.46 | 0.18 | 11.31 | -0.62 | -9.47 | -4.70 | Upgrade
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| EPS Growth | - | -98.41% | - | - | - | - | Upgrade
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| Free Cash Flow | 116 | 200 | 1,335 | -131 | -175 | -311 | Upgrade
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| Free Cash Flow Per Share | 2.50 | 4.30 | 28.76 | -2.82 | -3.79 | -6.77 | Upgrade
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| Operating Margin | 14.07% | 28.25% | 162.21% | 62.25% | -139.74% | -13.54% | Upgrade
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| Profit Margin | -5.28% | 3.35% | 175.59% | -11.65% | -280.13% | -59.67% | Upgrade
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| Free Cash Flow Margin | 29.15% | 74.35% | 446.49% | -52.61% | -112.18% | -85.91% | Upgrade
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| EBITDA | 100 | 107 | 534 | 212 | -160 | 246 | Upgrade
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| EBITDA Margin | 25.13% | 39.78% | 178.60% | 85.14% | -102.56% | 67.96% | Upgrade
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| D&A For EBITDA | 44 | 31 | 49 | 57 | 58 | 295 | Upgrade
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| EBIT | 56 | 76 | 485 | 155 | -218 | -49 | Upgrade
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| EBIT Margin | 14.07% | 28.25% | 162.21% | 62.25% | -139.74% | -13.54% | Upgrade
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| Effective Tax Rate | - | 58.33% | 0.38% | 900.00% | - | - | Upgrade
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| Revenue as Reported | 396 | 269 | 505 | 282 | 156 | 496 | Upgrade
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Source: S&P Capital IQ. Insurance template. Financial Sources.