AMBC Financials 07/22/2014 01:02:47
Ambac Financial Group, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 1,221,436 685,689 295,764 434,135
Cost of Revenue 113,335 139,029 2,000,760 973,827
Gross Profit 1,108,101 546,660 (1,704,996) (539,692)
Operating Expenses
Research and Development - - - -
Sales, General and Admin. - - - -
Non-Recurring Items - - - -
Other 99,658 - - -
Operating Income 1,115,662 (249,290) (1,833,088) (721,021)
Income From Continuing Operations
Add'l Income/Expense Items 2,967,881 (690,845) (49,861) (31,980)
Earnings Before Interest and Tax 3,976,324 (144,185) (1,754,857) (571,672)
Interest Expense 115,975 112,320 128,092 181,329
Earnings Before Tax 3,860,349 (256,505) (1,882,949) (753,001)
Income Tax 8,269 2,849 77,422 135
Minority Interest (2,188) (2,676) 60 63
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 3,852,080 (259,354) (1,960,371) (753,136)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 6,598,955 (263,893) (2,010,292) (785,179)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 3,854,268 (256,678) (1,960,431) (753,199)
Ambac Financial Group, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 1,221,436 685,689 295,764 434,135
Cost of Revenue 113,335 139,029 2,000,760 973,827
Gross Profit 1,108,101 546,660 (1,704,996) (539,692)
Operating Expenses
Research and Development - - - -
Sales, General and Admin. - - - -
Non-Recurring Items - - - -
Other 99,658 - - -
Operating Income 1,115,662 (249,290) (1,833,088) (721,021)
Income From Continuing Operations
Add'l Income/Expense Items 2,967,881 (690,845) (49,861) (31,980)
Earnings Before Interest and Tax 3,976,324 (144,185) (1,754,857) (571,672)
Interest Expense 115,975 112,320 128,092 181,329
Earnings Before Tax 3,860,349 (256,505) (1,882,949) (753,001)
Income Tax 8,269 2,849 77,422 135
Minority Interest (2,188) (2,676) 60 63
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 3,852,080 (259,354) (1,960,371) (753,136)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 6,598,955 (263,893) (2,010,292) (785,179)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 3,854,268 (256,678) (1,960,431) (753,199)
