Company profile


12 Aug 19
24 Aug 19
31 Dec 19


Company financial data Financial data

Quarter (USD) Jun 19 Mar 19 Dec 18 Sep 18
Net income -2.15M -858K 611K -879K
Diluted EPS
Operating income -2.17M -888K -781K -878K
Net change in cash -5.85M 10.38M -375K -798K
Cash on hand 4.77M 10.62M 237K 612K
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

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 ?
H.S. sophomore Avg
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Removed: asserting, classification, coverage, direct, funded, negotiated, obligated, offer, ratio, Sharing, unpaid