0.21
-3.64%
Close of 9 Nov 2026, in USD
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About AmBase
From its filings with the US Securities and Exchange Commission
AmBase is based in Coral Springs, Florida. Its shares trade on OTC under the ticker ABCP. The SEC classifies its business as opeators of nonresidential buildings. In the fiscal year to 31 December 2025, it reported a net loss of $4.6m. At that date it held total assets of $87,000 and shareholders' equity of −$8.7m.
AmBase Corporation (the “Company” or “AmBase”) is a Delaware corporation that was incorporated in 1975. AmBase is a holding company. At December 31, 2025, the Company’s assets consisted primarily of cash and cash equivalents. The Company is engaged in the management of its assets and liabilities.
In June 2013, the Company purchased an equity interest in a real estate development property through a joint venture agreement to purchase and develop real property located at 105 through 111 West 57th Street in New York, New York (the “111 West 57th Property”). The Company is engaged in material disputes and litigation with regard to the 111 West 57th Property. Despite ongoing litigation challenging the legitimacy of the actions taken in connection with the “Strict Foreclosure”, (as defined and further discussed herein), the Company recorded an impairment for the full amount of its equity investment in the 111 West 57th Property in 2017. Prior to the Strict Foreclosure, the carrying value of the Company’s equity investment in the 111 West 57th Property represented a substantial portion of the Company’s assets and net equity value.
Quoted from its 10-K, filed 30 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Real Estate
- Industry
- Real Estate Management & Development
- Listed since
- 5 Sept 1985
- Employees
- 4
- Head office
- 7857 WEST SAMPLE ROAD, SUITE 134, CORAL SPRINGS, FL, 33065
- Classification
- Opeators of Nonresidential Buildings
- Filer status
- Non-accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Mr. Richard BiancoChairman of the Board, President, Chief Executive Officer, since 1991$540,742
- Mr. John FerraraChief Financial Officer, Vice President, Controller$280,436
- Mr. Joseph BiancoTreasurer$164,090
- Ms. Alessandra BiancoDirector$12,000
- Mr. Richard BiancoDirector$12,000
- Mr. Scott SalantDirector$14,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Established brand reputation in the industry.
- Diversified portfolio with multiple revenue streams.
- Strong financial position and stable cash flow.
Weaknesses
- Limited market presence compared to larger competitors.
- Relatively small customer base.
- High dependency on key personnel.
Opportunities
- Growing demand for company's products/services in emerging markets.
- Strategic partnerships and acquisitions for expanding market reach.
- Potential to leverage technology advancements for operational efficiency.
Threats
- Intense competition from larger and more established companies.
- Economic downturns or market fluctuations impacting consumer spending.
- Regulatory changes or legal issues affecting the industry.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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