Sign in

Private company

Altisource Asset Management Corp

Altisource Asset Management Corp is a real estate company.1

Last updated Oct 21, 2026.

Overview

  • IndustryReal Estate1
  • HeadquartersVI1
  • Incorporated inVI2
  • Business address5100 Tamarind Reef, Christiansted, Vi 008202
  • Filer categoryNon-accelerated filer, Smaller reporting company2

See how the biggest companies compare on our leaderboards

Altisource Asset Management Corporation (“we,” “our,” “us,” “AAMC,” or the “Company”) was incorporated in the U. S. Virgin Islands (“USVI”) on March 15, 2012 (our “inception”) and commenced operations as an asset manager on December 21, 2012. As disclosed in our public filings, the Company's asset management business operations ceased in 2021.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

-1027.7%Net margin5
-36.2%Revenue growth, 20235
-$11.8MFree cash flow5

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Interest83¢$2.8M
  • Income tax17¢$573.0K

Out of $3.2M in revenue.5 The company lost money this year.

Financial statements

Revenue675$3.2M in 2023−83% since 2017
0$5.0M$10.0M$15.0M$20.0M2017: $18.2M$18.2M20172018: $15.9M$15.9M2018−12%2019: $15.8M$15.8M2019−1%2021: $0$020212022: $5.0M$5.0M20222023: $3.2M$3.2M2023−36%
Net income68975-$32.5M in 2023+367% since 2017
-$40.0M-$20.0M0$20.0M$40.0M2017: -$7.0M-$7.0M20172018: -$10.9M-$10.9M2018+56%2019: -$2.6M-$2.6M2019−76%2020: $39.8M$39.8M20202021: -$6.0M-$6.0M20212022: -$15.9M-$15.9M2022+165%2023: -$32.5M-$32.5M2023+104%
Fiscal year2017201820192020202120222023
Revenue$18.2M6$15.9M6$15.8M6$07$5.0M5$3.2M5
Operating expenses$20.6M7$18.6M5$21.9M5
Interest$012$09$60.0K7$1.3M5$2.8M5
Income before tax-$8.9M7-$15.6M5-$32.0M5
Income tax$708.0K6$375.0K6$165.0K8$769.0K9$3.3M7$350.0K5$573.0K5
Net income-$7.0M6-$10.9M6-$2.6M8$39.8M9-$6.0M7-$15.9M5-$32.5M5
Earnings per share-$4.576-$6.886-$1.778$24.389$40.947-$3.325-$11.125
Earnings per share (diluted)-$4.576-$6.886-$1.778$24.389$37.907-$3.325-$11.125
Shares (weighted, basic)2.0M shares73.3M shares52.9M shares5
Shares (weighted, diluted)2.2M shares73.3M shares52.9M shares5

Compare Altisource Asset Management Corp with another company

Corporate structure

Altisource Asset Management Corp sits at the top of its group. 12 entities, 6 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Altisource Asset Management Corp

  • Luxor Capital Group, LP Filed SC 13D/A on Altisource Asset Management Corp, latest Jan 18, 2024
  • King Theodore Walker Cheng-De Filed SC 13G/A on Altisource Asset Management Corp, latest Jun 23, 2023 (4 filings since Jul 13, 2022)
  • William C. Erbey Filed SC 13D/A on Altisource Asset Management Corp, latest Aug 15, 2022 (2 filings since Jul 26, 2022)
  • PUTNAM INVESTMENTS LLC Filed SC 13G/A on Altisource Asset Management Corp, latest Aug 10, 2022 (2 filings since Feb 14, 2022)
  • Altisource Asset Management Corp VI
    • AAMC Real Estate Strategies Offshore Fund 1 (Cayman), LP (f/k/a AAMC EBO Offshore Fund 1 (Cayman), LP) Subsidiary · Cayman Islands
    • AAMC US, Inc. Subsidiary · Delaware, United States
    • Alternative Lending Group LLC Subsidiary · Delaware, United States
    • Alternative Residential Credit LLC Subsidiary · Delaware, United States
    • Altisource Consulting S.á r.l Subsidiary · Luxembourg
    • Finsight Business Solutions Private Ltd. Subsidiary · India
    • Grapetree Lending LLC Subsidiary · U.S. Virgin Islands
    • NewSource Reinsurance Company Ltd. Subsidiary · Bermuda
    • Premieria LLC Subsidiary · U.S. Virgin Islands
    • Shoys Lending LLC Subsidiary · U.S. Virgin Islands
    • St. Croix Servicing LLC Subsidiary · U.S. Virgin Islands

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Altisource Asset Management Corp reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$8.7M5 Dec 31, 2023$10.7M5 Dec 31, 2022−18.8%

Leadership

Who has led Altisource Asset Management Corp, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Ashish Pandey2013
  2. George G. Ellison2015–2020
  3. Indroneel Chatterjee2020–2021
  4. Thomas K. McCarthy2021
  5. Jason A. Kopcak2023

President

  1. Jason A. Kopcak2022

Chief financial officer

  1. Rachel M. Ridley2013
  2. Kenneth D. Najour2013–2014
  3. Robin N. Lowe2014–2020
  4. Christopher D. Moltke-Hansen2021
  5. Stephen Ramiro Krallman2021–2023

Chief operating officer

  1. Adam D. Appleby2014
  2. Jason A. Kopcak2022
201520202025
Board members and other officers (20)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • AAMC Real Estate Strategies Offshore Fund 1 (Cayman), LP (f/k/a AAMC EBO Offshore Fund 1 (Cayman), LP) Cayman Islands3
  • AAMC US, Inc. Delaware3
  • Alternative Lending Group LLC Delaware3
  • Alternative Residential Credit LLC Delaware3
  • Altisource Consulting S.á r.l Luxembourg3
  • Finsight Business Solutions Private Ltd. India3
  • Grapetree Lending LLC U.S. Virgin Islands3
  • NewSource Reinsurance Company Ltd. Bermuda3
  • Premieria LLC U.S. Virgin Islands3
  • Shoys Lending LLC U.S. Virgin Islands3
  • St. Croix Servicing LLC U.S. Virgin Islands3

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Timeline

  1. Aug 28, 20248-K Entered a material agreement44
  2. Aug 26, 20248-K Listing notice or transfer; Other events45
  3. Aug 21, 20248-K Change of auditor46
  4. Jun 6, 20248-K Listing notice or transfer; Other events47
  5. May 20, 20248-K Other events48
  6. Jan 16, 20248-K Entered a material agreement; Listing notice or transfer; Regulation FD disclosure49
  7. Jan 16, 20248-K Entered a material agreement; Listing notice or transfer; Regulation FD disclosure50
  8. Dec 26, 20238-K Executive or director change; Shareholder vote51
  9. Dec 6, 20238-K Other events52
  10. Dec 5, 20238-K Executive or director change53
  11. Dec 4, 20238-K Listing notice or transfer; Regulation FD disclosure54
  12. Oct 10, 20238-K Entered a material agreement55
  13. May 15, 2023New chief executive Jason A. Kopcak becomes CEO14
  14. May 28, 2021New chief executive Thomas K. McCarthy becomes CEO15
  15. Jan 16, 2020New chief executive Indroneel Chatterjee becomes CEO16
  16. Feb 24, 2015New chief executive George G. Ellison becomes CEO17
  17. Jan 8, 2013New chief executive Ashish Pandey becomes CEO18

Calendar

When it reported results

  1. May 15, 2023Reported quarterly or annual results56
  2. Mar 23, 2023Reported quarterly or annual results57
  3. Nov 2, 2022Reported quarterly or annual results58
  4. Aug 11, 2022Reported quarterly or annual results59
  5. Apr 22, 2022Reported quarterly or annual results60
  6. Mar 31, 2022Reported quarterly or annual results61
  7. Nov 15, 2021Reported quarterly or annual results62

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

103 filings to the SEC since October 2021: 6 annual reports, 9 quarterly reports, 43 major events, 22 insider forms, 9 large holders, 14 other. The latest 20:

  1. Sep 16, 202415-12G EDGAR
  2. Sep 9, 2024S-8 POS EDGAR
  3. Sep 9, 2024S-8 POS EDGAR
  4. Sep 6, 202425 EDGAR
  5. Aug 28, 20248-K EDGAR
  6. Aug 26, 20248-K EDGAR
  7. Aug 21, 20248-K EDGAR
  8. Aug 14, 202410-Q EDGAR
  9. Jun 6, 20248-K EDGAR
  10. May 20, 20248-K EDGAR
  11. May 15, 202410-Q EDGAR
  12. Apr 29, 202410-K/A EDGAR
  13. Mar 29, 202410-K EDGAR
  14. Feb 7, 2024UPLOAD EDGAR
  15. Jan 24, 2024CORRESP EDGAR
  16. Jan 18, 2024SC 13D/A EDGAR
  17. Jan 16, 20248-K/A EDGAR
  18. Jan 16, 20248-K EDGAR
  19. Dec 26, 20238-K EDGAR
  20. Dec 20, 2023UPLOAD EDGAR

The 103 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

6 open-market trades by officers, directors and large owners since October 2021: 5 buys and 1 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jun 12, 2023King Theodore Walker Cheng-De10% ownerSale18,770$81.92$1.5MForm 4
Aug 12, 2022King Theodore Walker Cheng-De10% ownerBuy205$20.76$4.3KForm 4
Aug 10, 2022King Theodore Walker Cheng-De10% ownerBuy10,119$24.14$244.2KForm 4
Apr 25, 2022Krallman Stephen RamiroCFOBuy2,000$11.07$22.1KForm 4
Apr 25, 2022de Jongh John P Jr.DirectorBuy1,000$10.75$10.8KForm 4
Apr 25, 2022Byrd RicardoDirectorBuy1,886$11.60$21.9KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Altisource Asset Management Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARAltisource Asset Management Corp1
  • CIK0001555074
  • Employer ID (EIN)66-07831251
  • Filer statusNon-accelerated filer<br>smaller reporting company1
  • Incorporated inVI1
  • Fiscal year endsDecember 311
  • Industry code (SIC)6500 Real Estate1
  • SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance1
  • Business address5100 Tamarind Reef, Christiansted, VI 008201
  • Phone(340) 692-10551
  • Shares outstanding2,554,512 as of Aug 7, 202411
  • Public float$39.0M as of Jun 30, 202367
  • On EDGAR sinceSep 20, 20121
  • Filings495 in all: 4 (144), 8-K (121), SC 13G/A (39), 10-Q (35), 3 (30), SC 13D/A (25), UPLOAD (14), SC 13G (13)1
    All 31 form types

    10-K (12), DEF 14A (11), CORRESP (8), 10-K/A (6), 10-12G/A (4), 8-K/A (4), S-8 (4), 4/A (3), 5 (3), 10-Q/A (2), 3/A (2), DEFA14A (2), S-8 POS (2), SC 13D (2), 10-12G (1), 144 (1), 15-12G (1), 25 (1), 8-A12B (1), CERTNYS (1), DFAN14A (1), PRE 14A (1), S-3ASR (1)

  • Latest filingsAnnual report (10-K) Mar 29, 2024
    Quarterly report (10-Q) Aug 14, 2024
    Proxy statement (DEF 14A) Nov 24, 2023
    Latest 8-K (8-K) Aug 28, 2024

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
  44. 44
  45. 45
  46. 46
  47. 47
  48. 48
    SEC EDGAROther events
  49. 49
  50. 50
  51. 51
  52. 52
    SEC EDGAROther events
  53. 53
  54. 54
  55. 55
  56. 56
  57. 57
  58. 58
  59. 59
  60. 60
  61. 61
  62. 62
  63. 63
  64. 64
  65. 65
  66. 66
  67. 67