ASPS
ASPS
Altisource Portfolio Solutions S.A.Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2025 | $42.34M ▲ | $10.27M ▼ | $-7.23M ▼ | -17.07% ▼ | $-0.66 ▼ | $-4.07M ▼ |
| Q3-2025 | $41.91M ▼ | $10.83M ▲ | $-2.4M ▼ | -5.72% ▼ | $-0.22 ▼ | $2.42M ▼ |
| Q2-2025 | $43.29M ▼ | $9.8M ▼ | $16.58M ▲ | 38.31% ▲ | $1.51 ▲ | $4.61M ▲ |
| Q1-2025 | $43.44M ▲ | $10.08M ▼ | $-5.34M ▲ | -12.3% ▲ | $-0.09 ▲ | $2.05M ▼ |
| Q4-2024 | $41.01M | $11.85M | $-8.77M | -21.38% | $-2.48 | $3.05M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2025 | $26.6M ▼ | $139.8M ▼ | $249.26M ▲ | $-110.21M ▼ |
| Q3-2025 | $28.6M ▼ | $139.91M ▼ | $243.38M ▼ | $-104.21M ▼ |
| Q2-2025 | $29.98M ▼ | $142.94M ▼ | $244.87M ▼ | $-102.69M ▲ |
| Q1-2025 | $30.82M ▲ | $145.66M ▲ | $264.69M ▼ | $-119.77M ▲ |
| Q4-2024 | $29.81M | $143.61M | $300.32M | $-157.38M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2025 | $-7.13M ▼ | $-505K ▼ | $-20K ▲ | $-1.46M ▼ | $-1.99M ▼ | $-473.78K ▼ |
| Q3-2025 | $-2.33M ▼ | $718K ▲ | $-271K ▼ | $-832K ▼ | $-385K ▲ | $718K ▲ |
| Q2-2025 | $16.58M ▲ | $-509.65K ▲ | $-4.08K ▲ | $-309.98K ▼ | $-832K ▼ | $-513.73K ▲ |
| Q1-2025 | $-5.34M ▲ | $-4.97M ▼ | $-25K ▼ | $5.99M ▲ | $1.01M ▼ | $-5M ▼ |
| Q4-2024 | $-8.77M | $-1.29M | $2.22M | $626.15K | $1.47M | $-1.3M |
Revenue by Products
| Product | Q1-2025 | Q2-2025 | Q3-2025 | Q4-2025 |
|---|---|---|---|---|
Noncontrolling Interest Revenue | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Reimbursable Expenses | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Service | $40.00M ▲ | $40.00M ▲ | $40.00M ▲ | $40.00M ▲ |
Q4 2025 Earnings Call Summary
Read Call Summary5-Year Trend Analysis
A comprehensive look at Altisource Portfolio Solutions S.A.'s financial evolution and strategic trajectory over the past five years.
Altisource combines a differentiated, integrated service ecosystem with established platforms, strong network effects, and deep operational expertise in a complex industry. It has returned to modest profitability at the income-statement level, maintains acceptable short-term liquidity, and is not currently burdened by shareholder payout commitments such as dividends or buybacks. Its innovation efforts focus on AI, automation, and platform enhancements that can further entrench client relationships and open new revenue streams, especially in commercial real estate and among independent lenders.
The most significant concerns are financial. The company carries a heavy debt load, has deeply negative equity, and has accumulated substantial past losses. Current margins are very thin, leaving little buffer against downturns, and operating as well as free cash flow are negative, meaning the business is not yet self-funding in cash terms. Limited visible investment in hard assets or formal R&D, combined with reliance on external financing, raises questions about long-term resilience, especially in a cyclical and competitive real estate and mortgage environment.
The outlook is finely balanced. Strategically, Altisource appears to have the right ingredients—unique platforms, network effects, and a focused innovation roadmap—to benefit from ongoing digital transformation in real estate and mortgage services. Financially, however, it is operating with a narrow margin for error due to high leverage and weak cash generation. Future performance will hinge on its ability to grow revenues within its platforms, improve margins, and convert accounting profits into sustainable positive cash flow, while gradually reducing balance sheet risk. Until those transitions are clearly visible, uncertainty around long-term durability remains elevated.
About Altisource Portfolio Solutions S.A.
https://www.altisource.comAltisource Portfolio Solutions S.A. operates as an integrated service provider and marketplace for the real estate and mortgage industries in the United States, India, Luxembourg, Uruguay, and internationally. It provides property preservation and inspection services, payment management technologies, and a vendor management oversight software-as-a-service (SaaS) platform.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2025 | $42.34M ▲ | $10.27M ▼ | $-7.23M ▼ | -17.07% ▼ | $-0.66 ▼ | $-4.07M ▼ |
| Q3-2025 | $41.91M ▼ | $10.83M ▲ | $-2.4M ▼ | -5.72% ▼ | $-0.22 ▼ | $2.42M ▼ |
| Q2-2025 | $43.29M ▼ | $9.8M ▼ | $16.58M ▲ | 38.31% ▲ | $1.51 ▲ | $4.61M ▲ |
| Q1-2025 | $43.44M ▲ | $10.08M ▼ | $-5.34M ▲ | -12.3% ▲ | $-0.09 ▲ | $2.05M ▼ |
| Q4-2024 | $41.01M | $11.85M | $-8.77M | -21.38% | $-2.48 | $3.05M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2025 | $26.6M ▼ | $139.8M ▼ | $249.26M ▲ | $-110.21M ▼ |
| Q3-2025 | $28.6M ▼ | $139.91M ▼ | $243.38M ▼ | $-104.21M ▼ |
| Q2-2025 | $29.98M ▼ | $142.94M ▼ | $244.87M ▼ | $-102.69M ▲ |
| Q1-2025 | $30.82M ▲ | $145.66M ▲ | $264.69M ▼ | $-119.77M ▲ |
| Q4-2024 | $29.81M | $143.61M | $300.32M | $-157.38M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2025 | $-7.13M ▼ | $-505K ▼ | $-20K ▲ | $-1.46M ▼ | $-1.99M ▼ | $-473.78K ▼ |
| Q3-2025 | $-2.33M ▼ | $718K ▲ | $-271K ▼ | $-832K ▼ | $-385K ▲ | $718K ▲ |
| Q2-2025 | $16.58M ▲ | $-509.65K ▲ | $-4.08K ▲ | $-309.98K ▼ | $-832K ▼ | $-513.73K ▲ |
| Q1-2025 | $-5.34M ▲ | $-4.97M ▼ | $-25K ▼ | $5.99M ▲ | $1.01M ▼ | $-5M ▼ |
| Q4-2024 | $-8.77M | $-1.29M | $2.22M | $626.15K | $1.47M | $-1.3M |
Revenue by Products
| Product | Q1-2025 | Q2-2025 | Q3-2025 | Q4-2025 |
|---|---|---|---|---|
Noncontrolling Interest Revenue | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Reimbursable Expenses | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Service | $40.00M ▲ | $40.00M ▲ | $40.00M ▲ | $40.00M ▲ |
Q4 2025 Earnings Call Summary
Read Call Summary5-Year Trend Analysis
A comprehensive look at Altisource Portfolio Solutions S.A.'s financial evolution and strategic trajectory over the past five years.
Altisource combines a differentiated, integrated service ecosystem with established platforms, strong network effects, and deep operational expertise in a complex industry. It has returned to modest profitability at the income-statement level, maintains acceptable short-term liquidity, and is not currently burdened by shareholder payout commitments such as dividends or buybacks. Its innovation efforts focus on AI, automation, and platform enhancements that can further entrench client relationships and open new revenue streams, especially in commercial real estate and among independent lenders.
The most significant concerns are financial. The company carries a heavy debt load, has deeply negative equity, and has accumulated substantial past losses. Current margins are very thin, leaving little buffer against downturns, and operating as well as free cash flow are negative, meaning the business is not yet self-funding in cash terms. Limited visible investment in hard assets or formal R&D, combined with reliance on external financing, raises questions about long-term resilience, especially in a cyclical and competitive real estate and mortgage environment.
The outlook is finely balanced. Strategically, Altisource appears to have the right ingredients—unique platforms, network effects, and a focused innovation roadmap—to benefit from ongoing digital transformation in real estate and mortgage services. Financially, however, it is operating with a narrow margin for error due to high leverage and weak cash generation. Future performance will hinge on its ability to grow revenues within its platforms, improve margins, and convert accounting profits into sustainable positive cash flow, while gradually reducing balance sheet risk. Until those transitions are clearly visible, uncertainty around long-term durability remains elevated.

CEO
William Shepro
Compensation Summary
(Year 2024)
Upcoming Earnings
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2025-05-28 | Reverse | 1:8 |
ETFs Holding This Stock
Summary
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Ratings Snapshot
Rating : C-
Price Target
Institutional Ownership
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Summary
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