Ambac Financial Group Inc - Understand $ambc stock

$AMBC Market Cap: $606.8 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$400.0M

TTM

Gross Margin

83.5%

TTM

Net Earnings

-$20.00M

TTM

Current Assets

Current Liabilities

$663.0M

Q3 2024

Current Ratio

Total Assets

$9.256B

Q3 2024

Total Liabilities

$7.383B

Q3 2024

Book Value

$1.873B

Q3 2024

Cash

$54.00M

Q3 2024

P/E

-30.34

Nov 29, 2024 EST

Free Cash Flow

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989
Revenue	$269.0M	$505.0M	$282.0M	$156.0M	$496.0M	$511.0M	$622.0M	$506.8M	$670.2M	$429.2M	$1.269B	$685.7M	$295.8M	$499.3M	$5.488B	-$2.696B	-$4.215B	$1.832B	$1.614B	$1.402B	$1.272B	$958.6M	$946.8M	$904.3M	$533.3M	$457.0M	$381.8M	$452.9M	$282.3M	$225.0M	$288.3M	$220.1M	$187.3M	$164.1M	$157.0M
YoY Change	-46.73%	79.08%	80.77%	-68.55%	-2.94%	-17.85%	22.74%	-24.38%	56.15%	-66.17%	85.03%	131.84%	-40.76%	-90.9%	-303.55%	-36.03%	-330.06%	13.51%	15.16%	10.17%	32.71%	1.25%	4.7%	69.57%	16.7%	19.7%	-15.7%	60.43%	25.47%	-21.96%	30.99%	17.51%	14.14%	4.52%	-1.2%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989
Revenue	$269.0M	$505.0M	$282.0M	$156.0M	$496.0M	$511.0M	$622.0M	$506.8M	$670.2M	$429.2M	$1.269B	$685.7M	$295.8M	$499.3M	$5.488B	-$2.696B	-$4.215B	$1.832B	$1.614B	$1.402B	$1.272B	$958.6M	$946.8M	$904.3M	$533.3M	$457.0M	$381.8M	$452.9M	$282.3M	$225.0M	$288.3M	$220.1M	$187.3M	$164.1M	$157.0M
Cost Of Revenue	-$33.00M	-$396.0M
Gross Profit	$302.0M	$901.0M
Gross Profit Margin	112.27%	178.42%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989
Selling, General & Admin	$156.0M	$141.0M	$5.000M	$4.000M	$7.000M										$34.10M	$235.0M	$424.6M	$359.9M	$239.3M	$168.9M	$196.3M	$231.3M	$235.4M	$283.0M
YoY Change	10.64%	2720.0%	25.0%	-42.86%											-85.49%	-44.65%	17.98%	50.4%	41.68%	-13.96%	-15.13%	-1.74%	-16.82%
% of Gross Profit	51.66%	15.65%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$2.000M	$2.000M	$57.00M	$58.00M	$295.0M	$108.0M	$151.9M	$175.8M	$172.8M	$155.4M	$102.7M	$25.47M	$21.33M	$3.600M	$3.000M	$3.200M	$2.700M	$2.900M	$4.300M	$2.900M	$3.200M	$3.500M	$3.500M	$3.600M	$3.000M	$2.500M	$1.900M	$2.000M	$4.800M	$6.100M	$5.700M	$4.600M	$2.400M	$2.500M	$1.900M
YoY Change	0.0%	-96.49%	-1.72%	-80.34%	173.15%	-28.9%	-13.59%	1.74%	11.2%	51.31%	303.3%	19.4%	492.44%	20.0%	-6.25%	18.52%	-6.9%	-32.56%	48.28%	-9.38%	-8.57%	0.0%	-2.78%	20.0%	20.0%	31.58%	-5.0%	-58.33%	-21.31%	7.02%	23.91%	91.67%	-4.0%	31.58%	58.33%
% of Gross Profit	0.66%	0.22%
Operating Expenses	$155.0M	$139.0M	$94.00M	$374.0M	$412.0M	-$4.100M	$786.4M	$276.8M	-$496.5M	-$292.2M	-$10.20M	$822.6M	$2.001B	$973.8M	$3.056B	$2.737B	$854.1M	$546.6M	$535.5M	$370.5M	$368.4M	$351.6M	$338.3M	$384.7M	$85.60M	$88.30M	$71.50M	$53.00M	$45.60M	$35.40M	$32.60M	$32.10M	$34.10M	$28.40M	$24.00M
YoY Change	11.51%	47.87%	-74.87%	-9.22%	-10148.78%	-100.52%	184.1%	-155.75%	69.92%	2764.71%	-101.24%	-58.89%	105.46%	-68.13%	11.66%	220.44%	56.26%	2.07%	44.53%	0.57%	4.78%	3.93%	-12.06%	349.42%	-3.06%	23.5%	34.91%	16.23%	28.81%	8.59%	1.56%	-5.87%	20.07%	18.33%	-56.44%
Operating Profit	$147.0M	$762.0M
YoY Change	-80.71%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989
Interest Expense	$64.00M	$168.0M	-$192.0M	-$226.0M	-$269.0M	-$242.3M	-$119.9M	-$124.3M	-$116.5M	-$127.5M	-$116.0M	-$112.3M	-$128.1M	-$181.3M	-$119.6M	-$114.2M	-$85.70M	-$75.30M	-$55.90M	-$54.30M	-$54.20M	-$43.70M	-$40.40M	-$37.50M	-$36.50M	-$32.80M	-$21.30M	-$20.90M	-$20.90M	-$18.80M	-$15.80M	-$14.20M	-$6.300M
YoY Change	-61.9%	-187.5%	-15.04%	-15.99%	11.02%	102.09%	-3.54%	6.7%	-8.63%	9.91%	3.29%	-12.33%	-29.34%	51.59%	4.73%	33.26%	13.81%	34.7%	2.95%	0.18%	24.03%	8.17%	7.73%	2.74%	11.28%	53.99%	1.91%	0.0%	11.17%	18.99%	11.27%	125.4%
% of Operating Profit	43.54%	22.05%
Other Income/Expense, Net	-$11.00M	-$3.000M	$1.000M																						-$6.500M	-$7.100M	-$2.900M	-$3.500M	-$1.500M	$9.100M	$7.500M	-$3.000M	$0.00	$0.00	$0.00
YoY Change	266.67%	-400.0%																							-8.45%	144.83%	-17.14%	133.33%	-116.48%	21.33%	-350.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989
Pretax Income	$12.00M	$525.0M	-$32.00M	-$441.0M	-$174.0M	$264.0M	-$451.0M	$77.16M	$510.1M	$493.3M	$3.860B	-$256.5M	-$1.883B	-$753.0M	$724.9M	-$5.618B	-$5.155B	$1.210B	$1.023B	$976.8M	$849.6M	$563.3M	$568.0M	$482.1M	$404.7M	$328.9M	$286.0M	$375.5M	$214.2M	$179.9M	$247.4M	$170.7M	$146.9M	$135.6M	$133.1M
YoY Change	-97.71%	-1740.63%	-92.74%	153.45%	-165.91%	-158.54%	-684.49%	-84.87%	3.41%	-87.22%	-1604.96%	-86.38%	150.06%	-203.88%	-112.9%	8.99%	-525.94%	18.32%	4.71%	14.97%	50.83%	-0.83%	17.82%	19.13%	23.05%	15.0%	-23.83%	75.3%	19.07%	-27.28%	44.93%	16.2%	8.33%	1.88%	28.23%
Income Tax	$7.000M	$2.000M	$18.00M	-$3.000M	$32.00M	$5.000M	$44.00M	$30.71M	$17.40M	$9.600M	$8.300M	$2.849M	$77.42M	$100.0K	$739.5M	-$9.200M	-$1.899B	$334.3M	$271.8M	$250.9M	$221.5M	$131.4M	$135.0M	$116.0M	$96.70M	$74.90M	$63.00M	$99.20M	$46.60M	$38.80M	$68.00M	$40.50M	$33.20M	$30.10M	$36.70M
% Of Pretax Income	58.33%	0.38%				1.89%		39.8%	3.41%	1.95%	0.22%				102.01%			27.62%	26.57%	25.69%	26.07%	23.33%	23.77%	24.06%	23.89%	22.77%	22.03%	26.42%	21.76%	21.57%	27.49%	23.73%	22.6%	22.2%	27.57%
Net Earnings	$4.000M	$522.0M	-$17.00M	-$437.0M	-$216.0M	$186.0M	-$329.0M	$74.84M	$493.4M	$484.1M	$3.854B	-$256.7M	-$1.960B	-$753.2M	-$14.60M	-$5.609B	-$3.248B	$875.9M	$751.0M	$724.6M	$618.9M	$432.6M	$432.9M	$366.2M	$307.9M	$254.0M	$223.0M	$276.3M	$167.6M	$141.1M	$179.3M	$130.2M	$113.7M	$105.6M	$96.40M
YoY Change	-99.23%	-3170.59%	-96.11%	102.31%	-216.13%	-156.53%	-539.59%	-84.83%	1.92%	-87.44%	-1601.61%	-86.91%	160.28%	5058.9%	-99.74%	72.69%	-470.84%	16.63%	3.64%	17.08%	43.07%	-0.07%	18.21%	18.93%	21.22%	13.9%	-19.29%	64.86%	18.78%	-21.31%	37.71%	14.51%	7.67%	9.54%	26.51%
Net Earnings / Revenue	1.49%	103.37%	-6.03%	-280.13%	-43.55%	36.4%	-52.89%	14.77%	73.62%	112.79%	303.8%	-37.43%	-662.84%	-150.85%	-0.27%			47.81%	46.53%	51.7%	48.65%	45.13%	45.72%	40.5%	57.73%	55.58%	58.41%	61.01%	59.37%	62.71%	62.19%	59.15%	60.7%	64.35%	61.4%
Basic Earnings Per Share	$0.18	$11.48	-$0.61	-$9.47	-$4.69	$4.07	-$7.25	$1.66				-$0.85	-$6.48
Diluted Earnings Per Share	$0.18	$11.31	-$0.61	-$9.47	-$4.69	$3.99	-$7.25	$1.64	$10.73M	$10.32M	$83.25M	-$0.85	-$6.48	-$2.558M	-$50.76K	-$22.31M	-$31.57M	$8.148M	$6.865M	$6.534M	$5.657M	$3.965M	$3.975M	$3.410M	$2.878M	$2.374M	$2.088M	$2.604M	$1.577M	$1.320M	$1.693M	$1.236M	$1.083M	$1.006M	$918.1K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$28.00M	$44.00M	$17.00M	$20.00M	$24.00M	$63.00M	$624.0M	$91.00M	$36.00M	$74.00M	$77.00M	$44.00M	$16.00M	$9.000M	$112.0M	$108.0M	$124.0M	$32.00M	$28.00M	$20.00M	$25.00M	$26.00M	$77.00M	$45.00M	$14.00M	$8.000M	$9.000M	$8.000M	$12.00M	$4.000M	$4.000M	$0.00	$3.000M	$0.00	$11.00M
Short-Term Investments
Other Short-Term Assets													$221.0M	$265.0M	$501.0M	$293.0M	$489.0M	$315.0M	$303.0M	$297.0M	$325.0M	$296.0M	$268.0M	$243.0M	$218.0M	$200.0M	$183.0M	$169.0M	$153.0M	$140.0M	$161.0M	$154.0M	$0.00	$0.00	$0.00
YoY Change													-16.6%	-47.11%	70.99%	-40.08%	55.24%	3.96%	2.02%	-8.62%	9.8%	10.45%	10.29%	11.47%	9.0%	9.29%	8.28%	10.46%	9.29%	-13.04%	4.55%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets													$259.0M	$289.0M	$926.0M	$501.0M	$500.0M	$328.0M	$305.0M	$298.0M	$329.0M	$303.0M	$281.0M	$252.0M	$996.0M	$1.039B	$472.0M	$187.0M	$168.0M	$162.0M	$180.0M	$196.0M	$1.000M	$11.00M	$3.000M
YoY Change													-10.38%	-68.79%	84.83%	0.2%	52.44%	7.54%	2.35%	-9.42%	8.58%	7.83%	11.51%	-74.7%	-4.14%	120.13%	152.41%	11.31%	3.7%	-10.0%	-8.16%	19500.0%	-90.91%	266.67%
Property, Plant & Equipment	$19.00M	$21.00M	$23.00M	$25.00M	$25.00M
YoY Change	-9.52%	-8.7%	-8.0%	0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$6.494B	$6.389B	$9.128B	$9.896B	$10.02B	$10.97B	$20.20B	$19.79B	$19.93B	$20.63B	$22.40B	$24.17B	$23.43B	$24.78B	$11.95B	$11.09B	$19.26B	$18.06B	$16.28B	$16.17B	$14.80B	$13.38B	$11.19B	$9.019B	$9.648B	$9.422B	$7.418B	$5.234B	$4.691B	$3.764B	$3.147B	$1.820B	$1.297B	$1.098B	$1.114B
YoY Change	1.64%	-30.01%	-7.76%	-1.25%	-8.67%	-45.67%	2.07%	-0.72%	-3.38%	-7.93%	-7.3%	3.18%	-5.48%	107.46%	7.7%	-42.42%	6.67%	10.95%	0.64%	9.26%	10.61%	19.61%	24.06%	-6.52%	2.4%	27.02%	41.73%	11.58%	24.63%	19.61%	72.91%	40.32%	18.12%	-1.44%
Other Assets	$246.0M	$17.00M	$7.000M	$15.00M	$57.00M	$20.00M	$1.000M	$5.000M	$6.000M	$8.000M	$17.00M	$2.000M	$5.000M	$5.000M	$12.00M	$2.127B	$2.116B	$0.00						$0.00	$57.00M	$0.00	$0.00	$0.00	$0.00	$45.00M	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	1347.06%	142.86%	-53.33%	-73.68%	185.0%	1900.0%	-80.0%	-16.67%	-25.0%	-52.94%	750.0%	-60.0%	0.0%	-58.33%	-99.44%	0.52%								-100.0%					-100.0%
Total Long-Term Assets													$26.86B	$28.76B	$17.96B	$16.76B	$23.22B	$19.94B	$18.24B	$18.45B	$16.42B	$15.05B	$12.06B	$9.868B	$10.35B	$10.17B	$7.820B	$5.689B	$5.141B	$4.125B	$3.627B	$2.033B	$1.431B	$1.221B	$1.184B
YoY Change													-6.62%	60.12%	7.17%	-27.83%	16.46%	9.31%	-1.14%	12.39%	9.07%	24.83%	22.2%	-4.65%	1.73%	30.09%	37.46%	10.66%	24.63%	13.73%	78.41%	42.07%	17.2%	3.13%
Total Assets	$8.428B	$7.973B	$12.30B	$13.22B	$13.32B	$14.59B	$23.19B	$22.64B	$23.73B	$25.16B	$27.09B	$27.09B	$27.11B	$29.05B	$18.89B	$17.26B	$23.72B	$20.27B	$18.55B	$18.75B	$16.75B	$15.36B	$12.34B	$10.12B	$11.35B	$11.21B	$8.292B	$5.876B	$5.309B	$4.287B	$3.807B	$2.229B	$1.432B	$1.232B	$1.187B
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$497.0M	$452.0M	$604.0M	$547.0M	$471.0M	$376.0M	$438.0M	$423.0M	$359.0M	$307.0M	$296.0M	$232.0M	$174.0M	$65.00M	$51.00M	$69.00M	$113.0M	$105.0M	$100.0M	$280.0M	$296.0M	$236.0M	$259.0M	$382.0M	$360.0M	$352.0M	$163.0M	$88.00M	$70.00M	$2.101B	$1.536B	$425.0M	$24.00M	$21.00M	$27.00M
YoY Change	9.96%	-25.17%	10.42%	16.14%	25.27%	-14.16%	3.55%	17.83%	16.94%	3.72%	27.59%	33.33%	167.69%	27.45%	-26.09%	-38.94%	7.62%	5.0%	-64.29%	-5.41%	25.42%	-8.88%	-32.2%	6.11%	2.27%	115.95%	85.23%	25.71%	-96.67%	36.78%	261.41%	1670.83%	14.29%	-22.22%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$415.0M	$349.0M	$3.537B	$10.09B	$6.842B	$667.0M	$808.0M	$1.213B	$946.0M	$836.0M	$315.0M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change												-100.0%	18.91%	-90.13%	-64.95%	47.47%	925.79%	-17.45%	-33.39%	28.22%	13.16%	165.4%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$497.0M	$452.0M	$604.0M	$553.0M	$471.0M	$378.0M	$440.0M	$521.0M	$550.0M	$474.0M	$660.0M	$691.0M	$1.233B	$1.242B	$4.881B	$13.53B	$15.86B	$9.275B	$8.189B	$8.590B	$8.364B	$8.478B	$6.247B	$5.304B	$7.335B	$7.130B	$4.768B	$2.849B	$2.502B	$2.101B	$1.536B	$444.0M	$55.00M	$21.00M	$29.00M
YoY Change	9.96%	-25.17%	9.22%	17.41%	24.6%	-14.09%	-15.55%	-5.27%	16.03%	-28.18%	-4.49%	-43.96%	-0.72%	-74.55%	-63.92%	-14.71%	71.0%	13.26%	-4.67%	2.7%	-1.34%	35.71%	17.78%	-27.69%	2.88%	49.54%	67.36%	13.87%	19.09%	36.78%	245.95%	707.27%	161.9%	-27.59%
Long-Term Debt	$3.475B	$3.746B	$6.446B	$7.232B	$7.376B	$8.198B	$13.15B	$12.27B	$13.45B	$13.85B	$15.06B	$15.59B	$14.51B	$16.31B	$4.640B	$1.869B	$1.670B	$992.0M	$1.192B	$1.866B	$981.0M	$617.0M	$619.0M	$424.0M	$424.0M	$424.0M	$224.0M	$224.0M	$224.0M	$224.0M	$224.0M	$149.0M	$149.0M	$0.00	$0.00
YoY Change	-7.23%	-41.89%	-10.87%	-1.95%	-10.03%	-37.67%	7.19%	-8.79%	-2.89%	-7.98%	-3.41%	7.4%	-11.02%	251.49%	148.26%	11.92%	68.35%	-16.78%	-36.12%	90.21%	59.0%	-0.32%	45.99%	0.0%	0.0%	89.29%	0.0%	0.0%	0.0%	0.0%	50.34%	0.0%
Other Long-Term Liabilities	$1.620B	$1.235B	$2.139B	$2.023B	$1.810B	$1.851B	$2.356B	$2.475B	$2.343B	$2.671B	$2.102B	$4.561B	$3.902B	$3.412B	$249.0M	$280.0M	$271.0M	$276.0M	$250.0M			$0.00						$49.00M	$92.00M	$27.00M	$52.00M	$51.00M	$3.000M	$3.000M	$32.00M
YoY Change	31.19%	-42.27%	5.71%	11.77%	-2.22%	-21.43%	-4.81%	5.63%	-12.28%	27.07%	-53.91%	16.89%	14.36%	1270.28%	-11.07%	3.32%	-1.81%	10.4%										-46.74%	240.74%	-48.08%	1.96%	1600.0%	0.0%	-90.63%
Total Long-Term Liabilities	$5.095B	$4.981B	$8.585B	$9.255B	$9.186B	$10.05B	$15.51B	$14.75B	$15.80B	$16.52B	$17.16B	$20.15B	$18.41B	$19.72B	$4.889B	$2.149B	$1.941B	$1.268B	$1.442B	$1.866B	$981.0M	$617.0M	$619.0M	$424.0M	$424.0M	$424.0M	$224.0M	$273.0M	$316.0M	$251.0M	$276.0M	$200.0M	$152.0M	$3.000M	$32.00M
YoY Change	2.29%	-41.98%	-7.24%	0.75%	-8.59%	-35.2%	5.17%	-6.65%	-4.41%	-3.69%	-14.84%	9.41%	-6.63%	303.37%	127.5%	10.72%	53.08%	-12.07%	-22.72%	90.21%	59.0%	-0.32%	45.99%	0.0%	0.0%	89.29%	-17.95%	-13.61%	25.9%	-9.06%	38.0%	31.58%	4966.67%	-90.63%
Total Liabilities	$7.067B	$6.722B	$11.26B	$12.14B	$11.84B	$13.00B	$21.81B	$20.92B	$22.04B	$23.76B	$26.39B	$30.99B	$30.93B	$31.06B	$21.17B	$21.04B	$21.44B	$14.08B	$13.16B	$13.73B	$12.49B	$11.73B	$9.356B	$7.524B	$9.327B	$9.116B	$6.419B	$4.261B	$3.905B	$3.254B	$2.707B	$1.367B	$684.0M	$447.0M	$477.0M
YoY Change	5.13%	-40.33%	-7.22%	2.51%	-8.87%	-40.41%	4.25%	-5.09%	-7.23%	-9.96%	-14.85%	0.21%	-0.42%	46.67%	0.63%	-1.87%	52.31%	6.95%	-4.09%	9.86%	6.5%	25.37%	24.35%	-19.33%	2.31%	42.02%	50.65%	9.12%	20.01%	20.21%	98.02%	99.85%	53.02%	-6.29%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2012	2011
Basic Shares Outstanding	45.64M shares	45.72M shares	46.54M shares	46.15M shares	45.95M shares	45.67M shares	45.67M shares	45.37M shares	302.5M shares	302.4M shares
Diluted Shares Outstanding	46.54M shares	46.41M shares	46.54M shares	46.15M shares	45.95M shares	46.56M shares	46.56M shares	45.37M shares	302.5M shares	302.4M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $606.8 Million

About AMBAC FINANCIAL GROUP INC

Ambac Financial Group, Inc. is a holding company, which engages in the provision of financial guarantee insurance policies through its subsidiary, Ambac Assurance Corp. Its services include credit, insurance, asset management and other financial services. The company is headquartered in New York City, New York and currently employs 178 full-time employees. The company operates three principal businesses: Legacy Financial Guarantee (LFG) Insurance, Specialty Property and Casualty Insurance, and Insurance Distribution. The LFG Insurance includes the activities of Ambac Assurance Corporation (AAC) and its wholly owned subsidiaries, including Ambac Assurance UK Limited (Ambac UK) and Ambac Financial Services LLC (AFS). The Specialty Property and Casualty Insurance includes five admitted carriers and an excess and surplus lines (E&S or no admitted) insurer, Everspan Indemnity Insurance Company (all carriers collectively, Everspan). The Insurance Distribution includes the specialty property and casualty (P&C) insurance distribution business, which includes managing general agents and underwriters (collectively MGA/Us), insurance wholesalers, brokers, and other distribution businesses, which includes Xchange Benefits, LLC, a P&C MGA specializing in accident and health products.

Industry: Surety Insurance Peers: AMERISAFE INC TIPTREE INC. DONEGAL GROUP INC Employers Holdings, Inc. HCI Group, Inc. MBIA INC PROASSURANCE CORP PROGRESSIVE CORP/OH/ STEWART INFORMATION SERVICES CORP UNITED FIRE GROUP INC