Ambac Financial Group, Inc. (AMBC)

NYSE: AMBC · IEX Real-Time Price · USD

14.70

-0.08 (-0.54%)

Nov 30, 2023, 12:48 PM EST - Market open

Income Statement (Annual)

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	505	282	156	496	511	622	506.77	644.66	328.67
Revenue Growth (YoY)	79.08%	80.77%	-68.55%	-2.94%	-17.85%	22.74%	-21.39%	96.14%	-
Cost of Revenue	-396	-88	225	13	-224	513	-11.49	-768.71	-545.57
Gross Profit	901	370	-69	483	735	109	518.26	1,413	874.24
Selling, General & Admin	159	126	92	103	112	122	114.29	102.7	101.47
Other Operating Expenses	50	56	57	295	107	151	174.61	684.07	152.04
Operating Expenses	209	182	149	398	219	273	288.89	786.77	253.52
Operating Income	692	188	-218	85	516	-164	229.37	626.6	620.73
Interest Expense / Income	168	187	222	269	242	120	124.34	116.54	127.48
Other Expense / Income	1	-	-	-	-81	1	-0.53	-0.71	-0.38
Pretax Income	523	1	-440	-184	355	-285	105.55	510.77	493.63
Income Tax	2	18	-3	32	5	44	30.71	17.36	9.56
Net Income	521	-17	-437	-216	350	-329	74.84	493.4	484.07
Preferred Dividends	-1	0	0	0	164	0	0	0	0
Net Income Common	522	-17	-437	-216	186	-329	74.84	493.4	484.07
Net Income Growth	-	-	-	-	-	-	-84.83%	1.93%	-
Shares Outstanding (Basic)	46	47	46	46	46	45	45	45	45
Shares Outstanding (Diluted)	46	47	46	46	47	45	-	-	-
Shares Change	-0.26%	0.84%	0.42%	-1.30%	2.63%	0.55%	0.22%	0.04%	-
EPS (Basic)	11.48	-0.61	-9.47	-4.69	4.07	-7.25	1.66	10.92	10.73
EPS (Diluted)	11.31	-0.61	-9.47	-4.69	3.99	-7.25	1.64	10.72	10.31
EPS Growth	-	-	-	-	-	-	-84.70%	3.98%	-
Free Cash Flow	1,335	-131	-175	-311	-1,543	-221	830.31	91.81	-967.82
Free Cash Flow Per Share	29.20	-2.81	-3.79	-6.77	-33.79	-4.87	18.40	2.04	-21.50
Gross Margin	178.42%	131.21%	-44.23%	97.38%	143.84%	17.52%	102.27%	219.24%	265.99%
Operating Margin	137.03%	66.67%	-139.74%	17.14%	100.98%	-26.37%	45.26%	97.20%	188.86%
Profit Margin	103.37%	-6.03%	-280.13%	-43.55%	36.40%	-52.89%	14.77%	76.54%	147.28%
Free Cash Flow Margin	264.36%	-46.45%	-112.18%	-62.70%	-301.96%	-35.53%	163.84%	14.24%	-294.47%
Effective Tax Rate	0.38%	1800.00%	-	-	1.41%	-	29.09%	3.40%	1.94%
EBITDA	740	245	-160	380	598	-164	231.12	630.52	624.69
EBITDA Margin	146.53%	86.88%	-102.56%	76.61%	117.03%	-26.37%	45.61%	97.81%	190.06%
Depreciation & Amortization	49	57	58	295	1	1	1.22	3.22	3.58
EBIT	691	188	-218	85	597	-165	229.9	627.3	621.1
EBIT Margin	136.83%	66.67%	-139.74%	17.14%	116.83%	-26.53%	45.36%	97.31%	188.97%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).