Altisource Asset Management Corporation (AAMC)

NYSEAMERICAN: AAMC · IEX Real-Time Price · USD
3.070
+0.230 (8.10%)
May 13, 2024, 3:59 PM EDT - Market closed
8.10%
Market Cap 7.84M
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 13,024
Open 2.980
Previous Close 2.840
Day's Range 2.910 - 3.240
52-Week Range 2.610 - 60.882
Beta 1.46
Analysts n/a
Price Target n/a
Earnings Date May 21, 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]

Sector Financials
Founded 2012
Employees 13
Stock Exchange NYSEAMERICAN
Ticker Symbol AAMC
Full Company Profile

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 Statements

News

Altisource Asset Management Corporation Posts Progress Reports on Project Alpha, Phase II, Through May 2024

CHRISTIANSTED, U.S. Virgin Islands--(BUSINESS WIRE)--Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) posts the attached progress report for May 2024 concerning ...

3 days ago - Business Wire

Altisource Asset Management Corporation Posts Progress Reports on Project Alpha, Phase II, Through April 2024

CHRISTIANSTED, U.S. Virgin Islands--(BUSINESS WIRE)--Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) posts the attached progress report for April 2024 concernin...

3 days ago - Business Wire

Altisource Asset Management Corporation Posts Progress Reports on Project Alpha, Phase II, Through March 2024

CHRISTIANSTED, U.S. Virgin Islands--(BUSINESS WIRE)--Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) posts the attached progress report for March 2024 concernin...

7 days ago - Business Wire

Altisource Asset Management Corporation Posts Progress Reports on Project Alpha, Phase II, Through February 2024

CHRISTIANSTED, U.S. Virgin Islands--(BUSINESS WIRE)--Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) posts the attached progress report for February 2024 concer...

7 days ago - Business Wire

Altisource Asset Management Corporation Posts Progress Reports on Project Alpha, Phase II, Through January 2024

CHRISTIANSTED, U.S. Virgin Islands--(BUSINESS WIRE)--Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) posts the attached progress report for January 2024 concern...

7 days ago - Business Wire

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...

4 months ago - Business Wire

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...

5 months ago - Business Wire

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 ...

5 months ago - Business Wire

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...

5 months ago - Business Wire

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 ...

5 months ago - Business Wire

Top 5 Real Estate Stocks That Could Lead To Your Biggest Gains In September - Alexander & Baldwin (NYSE:ALEX), Altisource Asset Mgmt (AMEX:AAMC)

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

Other symbols: ALEXESSMAANXDT
8 months ago - Benzinga

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...

8 months ago - Business Wire

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...

9 months ago - Business Wire

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.

9 months ago - Business Wire

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.

9 months ago - Business Wire

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.

10 months ago - Business Wire

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...

11 months ago - Business Wire

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...

1 year ago - Business Wire

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.

1 year ago - Business Wire

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.

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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, ...

1 year ago - Business Wire

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...

1 year ago - Business Wire

AAMC Announces Agreement with B. Riley Financial to Repurchase Common Stock

AAMC Announces Agreement with B. Riley Financial to Repurchase Common Stock

1 year ago - Business Wire