Altisource Asset Management Corp · OTC:AAMCF
Altisource Asset Management — Earnings Presentation (May 2023)
6 slides from Altisource Asset Management's earnings presentation, May 15, 2023
Slide 1: AAMC May 15, 2023
AAMC May 15, 2023 Altisource Asset Management Corporation
Slide 2: Forward-looking Statement
AAMC Forward-looking Statement 2 Certain comments made in this presentation may contain forward-looking statements in relation to operations, financial condition and financial results of Altisource Asset Management Corporation (“AAMC”) and such statements involve a number of risks and uncertainties.
Slide 3: Capital Lite Originator
AAMC Capital Lite Originator 3 Assuming $20M per week in originations and a weekly turn, $2M in capital would be required once normal operations are achieved. Assuming a 150-bps margin, over a period of a year, capital would grow to $17.6M. $2 $4 $6 $8 $10 $12 $14 $16 $18 $20 1 2 3 4 5 6 7 8 9 10 11
Slide 4: Net Submissions
AAMC Net Submissions 4 Over the past seven weeks, net submissions have grown an average of $10.7M per week and accelerated over the period. Note: Direct to Broker channel rolling out this week. ($18M) $75M 3/23 Pipeline Loan Closing Net Submissions $50M $32M $107M Slide B
Slide 5: Wholesale Channel Rollout
AAMC Wholesale Channel Rollout 5 The Wholesale Channel Broker base is quickly building, representing significant volume upside. Active Date (2023) Net Submissions ($M) # Loan Officers % Rolled Out Broker 1 9-Mar $29.5 4 100% Broker 2 9-Mar $15.0 250 2% Broker 3 27-Apr $0.5 11 5% Broker 4 19-May $0.0
Slide 6: Thank You
AAMC THANK YOU
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