Ambac Financial Group Inc. has reported its financial results for the second quarter of 2025. The company experienced a significant increase in Total Insurance Distribution revenue, which rose by 148% to $33.041 million compared to $13.306 million in the same period of the previous year. For the first half of 2025, this revenue increased by 138% to $74.039 million from $31.171 million in 2024. The company's net income attributable to Ambac shareholders showed a considerable loss of $72.699 million for the quarter, compared to a loss of $750,000 in the prior year period. This represents a noteworthy decline. Ambac's Adjusted EBITDA margin, before accounting for non-controlling interests, stood at (4.6)% for the quarter, showing a decrease from (0.4)% in the same period last year. Adjusted EBITDA Margin to Ambac shareholders was reported at 1.4% compared to 19.8% during the same quarter of the previous year. The company defines Adjusted Net Income as net income from continuing operations adjusted for certain items, including share-based compensation expense and acquisition-related expenses, among others. No specific future outlook or guidance was provided in the results.