Company Information

  

Address: 5100 TAMARIND REEF  
City: CHRISTIANSTED 
State:  
Zip Code: 00820 
Telephone: 340-692-1055 

Description of Business

Primary SIC Code: 6500
(As filed with the SEC)  

Altisource Asset Management Corporation ("we," "our," "us" or the "Company") was incorporated in the United States Virgin Islands ("USVI") on March 15, 2012 (our "inception"), and we commenced operations in December 2012. Our primary business is to provide asset management and certain corporate governance services to institutional investors. In October 2013, we applied for and were granted registration by the Securities and Exchange Commission (the "SEC") as a registered investment adviser under section 203(c) of the Investment Advisers Act of 1940. We operate in a single segment focused on providing asset management and certain corporate governance services to investment vehicles. Our primary client currently is Front Yard Residential Corporation, formerly Altisource Residential Corporation ("Front Yard"), a public real estate investment trust ("REIT") focused on acquiring and managing quality, affordable single-family rental ("SFR") properties for America's families.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/2018-6.43NAN/E
12/2017-4.57NAN/E
09/2017-4.46NAN/E
06/2017-3.74NAN/E
03/2017-3.32NAN/E
12/2016-2.93NAN/E
09/2016-5.55NAN/E
06/2016-5.58NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.03Total Liab/Total Assets0.13
Net Inc/Total Assets-0.12Total Liab/Inv Cap0.13
Net Inc/Inv Cap-0.12Total Liab/Comm Equity-0.03
Pretax Inc/Net Sales-0.34Interest Coverage RatioNA
Net Inc/Net Sales-0.38Curr Debt/EquityNA
Cash Flow/Net Sales0.02LTD/EquityNA
SG&A/NetSales1.25Total Debt/EquityNA
Asset Utilization   Liquidity  
Net Receivables Turnover3.86Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&ENA  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 4.05 4.08 4.43 4.64
Cost of Goods Sold NA 0.00 NA NA
Selling & Admin Exps 5.16 5.05 5.81 6.01
Operating Income -1.46 -1.85 -2.28 -1.70
Interest Exp NA 0.00 NA NA
Pretax Income -4.11 -1.56 -2.00 -1.44
Other Income -2.65 0.29 0.29 0.26
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -4.36 -1.78 -2.13 -1.74

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 45.87 53.24 50.86 52.67
Receivables - Total 4.03 4.15 4.68 4.93
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment NA NA NA NA
Total Assets 52.87 60.39 58.71 60.46
Liabilities        
Accounts Payable 3.52 7.74 6.44 4.93
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities NA NA NA NA
Long-Term Debt NA NA NA NA
Total Liabilities 3.52 7.74 6.44 4.93
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.03 0.03 0.03 0.03
Retained Earnings 33.23 38.97 40.81 42.98
Treasury Stock -272.52 -272.33 -272.01 -272.01
Total Stockholders' Equity -200.25 -196.90 -197.23 -193.91
Total Liabilities and Stockholders' Equity -196.73 -189.16 -190.79 -188.98

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities -4.22 2.69 1.15 2.32
Net Cash Provided by Investing Activities 0.18 -1.84 0.00 0.00
Net Cash Provided by Financing Activities -0.19 -0.31 0.01 -1.53

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20130.04-5.29-2.26
12/20141.5659.6821.07
12/201513.23-3.29-1.59
12/201619.99-4.93-2.93
12/201718.16-6.97-4.57
Growth Rates373.92----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/182562738.94




Report Date : 7/16/2018

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