Ambase Corporation  (ABCP)
Other Ticker:  
    Sector  Services    Industry Professional Services
   Industry Professional Services
   Sector  Services
Price: $0.2187 $0.00 1.016%
Day's High: $0.219 Week Perf: 6.68 %
Day's Low: $ 0.20 30 Day Perf: 36.69 %
Volume (M): 188 52 Wk High: $ 0.40
Volume (M$): $ 41 52 Wk Avg: $0.14
Open: $0.22 52 Wk Low: $0.07

 Market Capitalization (Millions $) 9
 Shares Outstanding (Millions) 41
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -5
 Cash Flow (TTM) (Millions $) -3
 Capital Exp. (TTM) (Millions $) 0

Ambase Corporation
Ambase Corporation is a holding company that owns and operates various businesses primarily in the entertainment and media industry. The company's portfolio includes interests in film production, distribution, and exhibition, as well as television production and distribution. Ambase Corporation also has investments in real estate, financial services, and technology companies. The company aims to generate long-term value through strategic investments and partnerships in various sectors.

   Company Address: 7857 WEST SAMPLE ROAD, SUITE 134 CORAL SPRINGS 33065 FL
   Company Phone Number: 265-0169   Stock Exchange / Ticker: ABCP
   ABCP is expected to report next financial results on March 27, 2024.


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Ambase Corporation

Ambase Corporation Faces Severe Corporate Conduct Crisis Amid Fiscal Third Quarter of 2023

The recently published earnings report from Ambase Corporation for the July to September 30, 2023 period has raised serious concerns about the company's financial health and prospects. As the earnings season unfolds, Ambase Corporation's operating shortfall of $-1.301 million has sent shockwaves within the professional services sector. This article aims to delve into the implications of the earnings report, examine the widening net loss, and analyze the stock's performance, ultimately highlighting the potential challenges that lie ahead for Ambase Corporation.
The Operating Shortfall
While Ambase Corporation has not yet disclosed its revenue for the July to September 30, 2023 period, it is worth comparing this result to the previous year's performance. In the third quarter of 2022, the company reported an operating shortfall of $-0.721 million. With the newly reported $-1.301 million operating shortfall, it is evident that the financial health of Ambase Corporation has deteriorated significantly year-over-year. This trend raises concerns about the company's ability to generate revenue and manage expenses effectively.

Ambase Corporation

AmBase Corporation Unveils an Operational Deficit in Q2 of 2023 Amidst Revealing Financial Results of Professional Services Industry

As the earnings season continues for the April to June 2023 period, there have been numerous companies disclosing their results. Within the Professional Services industry, many companies have been in the spotlight, including ABCP.
Today, ABCP released its operating shortfall for the financial period ending June 30, 2023, revealing a deficit of $-1.247 million. This represents a worsening from the second quarter of 2022, where the operating shortfall stood at $-0.983 million. While this news may be concerning to some, market observers are eagerly anticipating when these Professional Services companies will start to see an increase in revenue.

Ambase Corporation

expenditures were growing at the Ambase Corporation in the fiscal span closing March 31 2023

As the earnings season for the Professional Services industry continues, one corporation that has recently disclosed its earnings is Ambase Corporation. The company published an operating loss of $-1.192 million for the financial quarter ending March 31, 2023. This represents a decrease from the operating loss of $-1.057 million that the company reported during the same period in 2022.
While the operating loss for Ambase Corporation has increased, analysts are optimistic that the company may start to see an uptick in revenue. As with any corporation, pursuing successful revenue streams can lead to periods of uncertainty and fuzziness. It appears that this may be the case for Ambase Corporation, as the company has reported a net loss of $-1.220 million for the quarter ending March 31, 2023.



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