Company profile

Ticker
ABCP
Exchange
Employees
Incorporated in
Location
Fiscal year end
SEC CIK
IRS number
952962743

Calendar

12 Nov 19
11 Dec 19
31 Dec 19

News

Company financial data Financial data

Quarter (USD) Sep 19 Jun 19 Mar 19 Dec 18
Net income -1.03M -2.15M -858K 611K
Diluted EPS
Operating income -1.04M -2.17M -888K -781K
Net change in cash -818K -5.85M 10.38M -375K
Cash on hand 3.95M 4.77M 10.62M 237K
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Net income 335K -48.06M -3.22M -4.59M
Diluted EPS -0.08 -0.11
Operating income -4.32M -4.31M -2.91M -2.58M
Net change in cash 167K -516K -2.72M -2M
Cash on hand 237K 70K 586K 3.3M

Financial data from Ambase earnings reports

Financial report summary

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Management Discussion
  • Management’s Discussion and Analysis of Financial Condition and Results of Operations should be read in conjunction with the consolidated financial statements and related notes, which are contained in Part II - Item 8, herein.
  • AmBase Corporation (the “Company” or “AmBase”) is a Delaware corporation that was incorporated in 1975.  AmBase is a holding company. At December 31, 2018, the Company’s assets consisted primarily of cash and cash equivalents and tax assets. In January 2018, the Company sold its commercial office building in Greenwich, Connecticut, see Part II – Item 8 – Note 3 to the Company’s consolidated financial statements for additional information. The Company is engaged in the management of its assets and liabilities.
  • See below and Part II – Item 8 – Note 8 to the Company’s consolidated financial statements, for additional information with regard to taxes and the $10.7 million federal tax refund received by the Company in March 2019.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: affirmed, analyzing, assigned, condominium, entirety, panel, Peter, remand, remanded, Sherwood, vacated
Removed: affiliated, agreeable, approximately, beneficiary, commitment, Corrupt, decreased, Developer, distinct, duration, enable, family, franchise, Group, Influenced, JDS, KM, Matthew, Ned, opening, PMG, premium, Racketeer, reducing, remain, treble, unsecured, White