Altisource Asset Management Corp
Company Overview
Altisource Asset Management Corporation (AAMC) is a company that historically operated as an asset management company providing portfolio management and corporate governance services. The company has recently undergone significant changes in its business model and is currently transitioning its operations.
Based on recent SEC filings, AAMC appears to be in a transition phase with negative revenues and significant changes in its business structure. The company's current operations and future direction remain unclear from publicly available information.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| June 30, 2024 | $-250000.0 | $292000.0 | $-292000.0 | $292000.0 | 116.80% | 100.00% |
| March 31, 2024 | $-17000.0 | $251000.0 | $-251000.0 | $251000.0 | 1476.47% | 100.00% |
| June 30, 2023 | $1.05m | $872000.0 | $-872000.0 | $872000.0 | 83.21% | 100.00% |
Company Impact
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