AmBase (ABCP) AI Stock Analysis

• Market Cap: $16.26M
• Dividend Yield: N/A
• Average Volume (3M): 8.36K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.29
• Revenue Growth: N/A
• EPS Growth: 50.13%
• Country: US
• Employees: 4
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): N/A
• Shares Outstanding: 84,938,210
• 10 Day Avg. Volume: 2,268
• 30 Day Avg. Volume: 8,361
• PEG Ratio: 0.11
• Price to Book (P/B): -5.73
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.65
• Enterprise Value/Market Cap: 1.30
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: -12.30
• Enterprise Value/Ebitda: -4.41
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 42 Neutral
• Price Target: $0.20 ▲(2.00% Upside)
• Action: Reiterated Date: 01/30/26
• Date: Action: Reiterated 01/30/26

The score is driven primarily by very weak financial performance (persistent losses, negative equity, and cash burn). Technicals are neutral-to-weak with price below longer-term averages and negative MACD. Valuation offers limited support due to losses (negative P/E) and no dividend, while recent financing-related corporate events add further downside risk via going-concern and funding uncertainty.

Positive Factors

Strategic Partnerships

Partnerships with key industry players can enhance project scale and efficiency, potentially leading to better investment outcomes and market positioning.

Real Estate Focus

Focusing on real estate provides opportunities for long-term asset appreciation and income generation through strategic property management and development.

EPS Growth

Positive EPS growth indicates potential improvement in profitability, suggesting operational enhancements that could benefit long-term financial performance.

Negative Factors

Financial Distress

Negative equity and financial distress highlight significant risks, potentially limiting the company's ability to sustain operations and invest in growth.

Poor Cash Flow

Inability to generate positive cash flow indicates operational inefficiencies, which could hinder the company's capacity to fund projects and cover liabilities.

Lack of Revenue Growth

Absence of revenue growth suggests a failure to expand market presence or product offerings, posing a threat to long-term business sustainability.

AmBase Business Overview & Revenue Model

Company Description

AmBase Corporation does not have significant operations. Previously, it invested in a real estate development property. The company was incorporated in 1975 and is headquartered in Coral Springs, Florida.

How the Company Makes Money

AmBase Corporation generates revenue through the acquisition, development, and management of real estate properties. The company earns income from leasing properties, selling developed real estate assets, and potentially through property appreciation over time. Significant partnerships with local developers, construction firms, and financial institutions may contribute to its earnings by facilitating larger projects and investments.

AmBase Financial Statement Overview

Summary

Financials are severely weak: persistent net losses and minimal revenue, negative equity since 2022, and negative operating/free cash flow indicating ongoing cash burn and high dependence on external funding.

Income Statement

Profitability is very weak: the company reports persistent net losses across all periods, and revenue is minimal to zero in most years (including TTM (Trailing-Twelve-Months)). Gross profit is negative in most periods, implying the core cost structure is not covered by revenue. While the TTM loss is smaller than the 2024 annual loss, results remain deeply unprofitable with no clear evidence of a sustainable turnaround in operating performance.

Balance Sheet

Financial position is stressed. Stockholders’ equity has flipped from positive (2020–2021) to materially negative from 2022 onward, which reduces financial flexibility and increases downside risk. Total assets are very small relative to the scale of losses, and while total debt is currently reported as zero in TTM, the negative equity position dominates the credit profile and suggests limited balance-sheet resilience.

Cash Flow

Cash generation is weak and deteriorated versus earlier periods. Operating and free cash flow are negative in TTM (Trailing-Twelve-Months) and were sharply negative in 2024, indicating ongoing cash burn to support operations. Free cash flow also declined meaningfully in TTM versus the prior period, and cash flows have been volatile historically (including a positive year in 2020), which increases funding and liquidity risk.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	72.00K	0.00	0.00
Gross Profit	-1.72M	-1.39M	-17.00K	55.00K	-15.00K	-18.00K
EBITDA	-4.78M	-6.52M	0.00	-3.42M	-5.21M	0.00
Net Income	-5.08M	-6.62M	-5.27M	-3.47M	-5.21M	-5.60M
Balance Sheet
Total Assets	239.00K	314.00K	78.00K	410.00K	3.08M	7.99M
Cash, Cash Equivalents and Short-Term Investments	239.00K	314.00K	78.00K	349.00K	3.00M	7.92M
Total Debt	5.08M	3.50M	3.20M	61.00K	80.00K	65.00K
Total Liabilities	8.13M	4.44M	6.42M	1.48M	684.00K	383.00K
Stockholders Equity	-7.89M	-4.13M	-6.34M	-1.07M	2.40M	7.61M
Cash Flow
Free Cash Flow	-2.48M	-8.91M	-3.47M	-2.65M	-4.92M	5.07M
Operating Cash Flow	-2.48M	-8.91M	-3.47M	-2.65M	-4.92M	5.07M
Investing Cash Flow	0.00	0.00	0.00	0.00	0.00	0.00
Financing Cash Flow	2.20M	9.14M	3.20M	0.00	0.00	0.00

AmBase Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.20
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ABCP, the sentiment is Positive. The current price of 0.2 is above the 20-day moving average (MA) of 0.19, above the 50-day MA of 0.20, and below the 200-day MA of 0.26, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 52.69 is Neutral, neither overbought nor oversold. The STOCH value of 42.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ABCP.

AmBase Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WETH	75 Outperform	$19.57M	2.63	5.96%	―	6.08%	123.07%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
LGPS	61 Neutral	$19.37M	3.30	28.32%	2.37%	10.31%	37.72%
RFL	45 Neutral	$65.75M	-1.50	-34.57%	―	47.63%	48.30%
OMH	45 Neutral	$28.65M	―	―	―	―	―
ABCP	42 Neutral	$16.26M	-3.19	237.91%	―	―	50.13%

AmBase Corporate Events

AmBase Enters New Promissory Note for Working Capital

In January 2025, AmBase Corporation entered into a $100,000 senior promissory note with its chairman and CEO, Richard A. Bianco, providing working capital at an annual interest rate of 6.5% and maturing upon receipt of sufficient funds from any source or by January 31, 2029, with an option for Bianco to convert the loan and accrued interest into a pari passu litigation funding arrangement. The company reiterated its going-concern uncertainties and signaled that it is actively exploring a range of additional financing and litigation funding alternatives, including potential equity or debt issuance, loans, and possible sale or monetization of its interest and rights in the 111 West 57th property, while cautioning that there is no assurance it will secure such funding on acceptable terms or prevail in its related legal claims.

The most recent analyst rating on (ABCP) stock is a Sell with a $0.19 price target. To see the full list of analyst forecasts on AmBase stock, see the ABCP Stock Forecast page.

AmBase Secures Insider Loan Amid Ongoing Financing Uncertainty

In December 2025, AmBase Corporation entered into a $300,000 senior promissory note with its chairman, president and CEO, Richard A. Bianco, who is providing the loan at 6.5% annual interest for working capital needs, with repayment due upon receipt of sufficient funds from any source (excluding certain litigation funding for the 111 West 57th proceedings) or by December 31, 2028, and with an option for Bianco to convert the note and interest into a litigation funding arrangement on equal footing with any third-party litigation funders. The company, whose auditors have raised substantial doubt about its ability to continue as a going concern, is actively evaluating additional financing options, including up to $5 million of potential litigation funding, equity or debt offerings, and possible sale or monetization of its interest or rights in the 111 West 57th property, though it cautions there is no assurance it can secure such funding on acceptable terms or prevail in its ongoing legal disputes, leaving stakeholders exposed to continued financial and legal uncertainty.

AmBase Secures Loan to Support Working Capital

In November 2025, AmBase Corporation entered into a Senior Promissory Note with its Chairman and CEO, Richard A. Bianco, for a $100,000 loan at 6.5% interest to support working capital. The company is actively seeking additional funding to continue operations and litigation concerning the 111 West 57th Property, exploring options such as litigation funding agreements and potential sales of its interests. However, there is no assurance of securing such funding on favorable terms, and the company continues to face challenges related to its financial stability and ongoing legal proceedings.