Altisource asset management corporation (AAMC)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13
Revenues:
Revenue

15,811

15,762

15,659

15,759

15,777

15,926

16,331

17,040

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Management fees from Front Yard

-

-

-

-

-

-

-

-

-

-

-

-

17,421

-

12,838

8,630

4,124

0

0

0

0

-

-

-

-

-

-

-

-

Conversion fees from Front Yard

-

-

-

-

-

-

-

-

-

-

-

-

2,043

-

1,396

946

402

0

0

0

0

-

-

-

-

-

-

-

-

Expense reimbursements from Front Yard

-

-

-

-

-

-

-

-

-

-

-

-

1,012

-

553

357

0

-

0

0

-

-

-

-

-

-

-

-

-

Rental revenues

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,233

8,406

4,854

2,895

1,564

749

286

105

36

0

0

0

Change in unrealized gain on mortgage loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

88,829

222,766

283,993

346,826

350,822

294,027

222,971

125,094

61,092

0

0

0

Net realized gain on sales of mortgage loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

94,493

69,427

70,280

61,827

55,766

40,334

28,516

19,416

10,482

0

0

0

Net realized gain on mortgage loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,974

3,176

2,922

2,771

302

0

0

-

0

-

-

Net realized gain on sales of real estate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

50,932

41,864

31,260

20,090

9,482

4,544

0

0

-

0

-

-

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

612

731

3,184

3,025

2,893

2,913

0

0

-

0

-

-

Total revenues

-

-

-

-

-

-

-

-

-

-

-

-

20,476

-

38,929

92,598

163,710

248,099

346,168

396,747

437,585

423,298

343,244

253,883

145,410

72,297

0

0

0

Expenses:
Salaries and employee benefits

17,155

17,029

16,852

17,238

17,524

17,320

17,733

18,163

18,920

19,393

19,318

18,743

17,847

17,369

23,023

21,549

18,870

16,294

0

0

0

-

-

-

-

-

-

-

-

Share-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Legal and professional fees

4,803

3,611

2,399

2,484

1,595

1,605

2,168

2,593

2,462

2,794

2,589

2,110

2,316

2,173

2,790

4,703

4,319

11,311

0

0

0

-

-

-

-

-

-

-

-

Residential property operating expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

66,266

58,358

51,031

37,427

26,018

14,042

4,986

1,817

767

0

0

0

Real estate depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,995

3,258

2,017

1,067

485

176

73

25

0

0

0

Selling costs and impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

-

-

Selling costs and impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

-

-

-

-

-

Mortgage loan servicing costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

62,346

66,582

74,331

75,010

68,181

56,218

37,146

21,463

10,418

0

0

0

Interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

53,131

50,209

47,714

41,422

35,647

27,757

16,525

10,234

4,568

0

0

0

General and administrative

4,203

4,147

3,844

3,738

3,701

3,609

3,442

3,227

3,110

3,320

4,090

4,464

4,908

4,772

5,271

6,306

7,153

7,583

3,075

6,323

8,848

12,998

21,473

20,933

19,760

16,857

0

0

0

Related party general and administrative

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,361

7,043

4,368

3,652

0

0

0

Total expenses

26,161

24,787

23,095

23,460

22,820

22,534

23,343

23,983

24,492

25,507

25,997

25,317

25,071

24,314

116,648

176,551

232,944

296,633

259,058

247,584

222,416

178,077

137,608

91,749

59,776

37,994

0

0

0

Other income (loss):
Other income (loss):
Change in fair value of Front Yard common stock

4,353

5,864

1,154

2,924

-1,267

-5,084

-1,641

-2,339

-2,940

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividend income on Front Yard common stock

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividend income on Front Yard common stock

-

-

0

0

-

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Other income

188

155

182

177

177

216

193

176

142

111

75

38

81

71

64

60

0

-

0

0

-

-

0

0

-

0

0

0

0

Total other (loss) income

5,272

6,750

2,311

4,076

-115

-3,893

-473

-1,188

-1,823

1,086

1,049

1,012

1,056

1,094

844

596

0

-

0

0

-

-

-

-

-

-

-

-

-

Loss before income taxes

-5,078

-2,275

-5,125

-3,625

-7,158

-10,501

-7,837

-8,697

-9,114

-6,261

-5,661

-4,593

-3,539

-3,229

-76,875

-83,357

-68,940

-48,534

90,145

153,784

220,576

250,628

197,707

145,208

0

-

0

0

-

Income tax expense

452

338

239

-629

194

375

533

643

901

708

1,187

1,201

1,774

1,706

1,117

879

200

354

908

1,858

1,473

2,096

1,428

575

766

0

0

0

0

Net loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-48,888

89,237

151,926

219,103

248,532

206,374

162,152

84,868

34,303

0

0

0

Net loss attributable to non-controlling interest in consolidated affiliate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-45,598

61,663

104,674

159,364

188,853

169,015

145,048

82,493

39,596

0

0

0

Net loss

-5,530

-2,613

-5,364

-2,996

-7,352

-10,876

-8,370

-9,340

-10,015

-6,969

-6,848

-5,794

-5,313

-4,935

-12,213

-13,122

-11,118

-3,290

27,574

47,252

59,739

59,679

37,359

17,104

2,375

-5,293

0

0

0

Amortization of preferred stock issuance costs

197

206

206

206

206

206

206

206

205

206

206

206

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss attributable to common stockholders

-5,727

-2,819

-5,570

-3,202

-7,558

-11,082

-8,576

-9,546

-10,220

-7,175

-6,462

-5,598

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss per share of common stock – basic:
Earnings Per Share [Abstract]
Loss per basic common share (usd per share)

-2.35

-1.00

-2.25

2.04

-0.56

-2.69

-0.75

-0.69

-2.75

-1.15

-1.38

-1.15

-0.89

-1.02

-0.67

-0.74

-0.50

-4.08

-0.92

0.31

3.10

9.65

7.91

5.87

2.88

-0.17

-1.09

-0.64

-0.36

Weighted average common stock outstanding – basic (shares)

1,615

1,597

1,590

1,589

1,582

1,616

1,613

1,612

1,603

1,598

1,574

1,563

1,545

1,565

1,676

1,776

1,990

2,180

2,208

2,218

2,203

2,187

2,238

2,255

2,367

2,353

2,348

2,343

2,343

Loss per share of common stock – diluted:
Loss per diluted common share (usd per share)

-2.35

-0.77

-2.25

1.81

-0.56

-2.69

-0.75

-0.69

-2.75

-1.15

-1.38

-1.15

-0.89

-1.02

-0.67

-0.74

-0.50

-3.44

-0.92

0.27

2.50

7.83

6.25

4.60

2.39

-0.17

-1.09

-0.64

-0.36

Weighted average common stock outstanding – diluted (shares)

1,615

1,366

1,590

1,820

1,582

1,616

1,613

1,612

1,603

1,598

1,574

1,563

1,545

1,565

1,676

1,776

1,990

1,098

2,208

2,746

2,757

2,766

2,831

2,874

2,856

2,353

2,348

2,343

2,343

Management fees from Front Yard
Revenue

-

-

0

0

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenue

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Conversion fees from Front Yard
Revenue

0

29

54

89

142

176

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Expense reimbursements from Front Yard
Revenue

1,503

1,463

1,336

1,372

1,249

1,183

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-