ALTISOURCE PORTFOLIO SOLUTIONS S.A. ASPS
Altisource® is an integrated service provider and marketplace for the real estate and mortgage industries. Combining operational excellence with a suite of innovative services and technologies, Altisource helps solve the demands of the ever-changing markets we serve.
We are publicly traded on the NASDAQ Global Select Market under the symbol "ASPS." We are organized under the laws of the Grand Duchy of Luxembourg.
We have prepared our consolidated financial statements in accordance with accounting principles generally accepted in the United States of America ("GAAP").
Servicer and Real Estate segment provides loan servicers and real estate investors with solutions and technologies that span the mortgage and real estate lifecycle. Within the Servicer and Real Estate segment we provide:
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $171.0M | $160.1M | $145.1M | $153.1M | $178.5M | $365.5M | $648.7M | $838.2M | $942.2M | $997.3M |
| Cost of revenue | $122.1M | $110.6M | $115.4M | $131.3M | $171.4M | $305.2M | $493.3M | $622.2M | $699.9M | $690.0M |
| Gross profit | $48.9M | $49.5M | $29.7M | $21.8M | $7.1M | $60.4M | $155.4M | $216.0M | $242.3M | $307.3M |
| SG&A | $41.0M | $45.6M | $46.4M | $54.8M | $67.0M | $92.7M | $141.1M | $175.7M | $192.6M | $214.2M |
| Operating income | $417.0K | $3.2M | -$16.8M | -$33.2M | $29.0M | -$44.4M | $18.1M | $42.5M | $49.7M | $65.1M |
| Interest expense | $12.2M | $38.9M | $36.1M | $16.6M | $14.5M | $17.7M | $21.4M | $26.3M | $22.3M | $24.4M |
| Pre-tax income | -$14.1M | -$32.9M | -$52.3M | -$47.6M | $15.3M | -$57.7M | $12.4M | $1.4M | $35.4M | $44.3M |
| Income tax | $16.1M | $2.6M | $3.7M | $5.3M | $3.2M | $8.6M | $318.3M | $4.1M | $276.3M | $12.9M |
| Net income | $1.9M | -$35.4M | -$56.1M | -$52.8M | $12.1M | -$66.3M | -$305.9M | -$2.7M | $311.6M | $31.4M |
| EPS, basic | 0.16 | -9.99 | -2.51 | -3.32 | 0.75 | -4.31 | -19.26 | -0.32 | 16.99 | 1.53 |
| EPS, diluted | 0.15 | -9.99 | -2.51 | -3.32 | 0.74 | -4.31 | -19.26 | -0.32 | 16.53 | 1.46 |
| Shares, diluted (wtd. avg.) | $11.1M | $3.6M | $22.4M | $16.1M | $16.1M | $15.6M | $16.0M | $17.1M | $18.7M | $19.6M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $26.6M | $29.8M | $35.4M | $54.3M | $102.1M | $62.1M | $86.6M | $64.0M | $108.8M | $153.4M |
| Receivables | $18.0M | $15.1M | $11.7M | $13.0M | $18.0M | $22.4M | $43.6M | $36.5M | $52.7M | $87.8M |
| Total current assets | $54.3M | $51.1M | $55.5M | $87.6M | $138.0M | $100.2M | $184.2M | $201.5M | $271.6M | $325.5M |
| Property, plant and equipment | $253.0K | $701.0K | $1.7M | $4.2M | $6.9M | $11.9M | $24.5M | $45.6M | $73.3M | $103.5M |
| Goodwill | $56.0M | $56.0M | $56.0M | $56.0M | $56.0M | $73.8M | $73.8M | $81.4M | $86.3M | $86.3M |
| Other intangibles | $17.1M | $21.5M | $26.5M | $31.7M | $36.9M | $46.3M | $61.0M | $91.7M | $120.1M | $155.4M |
| Total assets | $139.8M | $143.6M | $154.9M | $195.3M | $257.8M | $265.7M | $394.3M | $741.7M | $865.2M | $689.2M |
| Accounts payable | $13.5M | $17.9M | $15.3M | $15.0M | $16.0M | $16.8M | $22.4M | $27.9M | $15.7M | $8.8M |
| Short-term debt | $1.2M | $230.5M | $0 | — | — | — | — | $0 | $5.9M | $5.9M |
| Total current liabilities | $47.1M | $271.3M | $35.8M | $40.1M | $54.7M | $71.5M | $87.6M | $104.4M | $109.6M | $148.9M |
| Long-term debt | $189.9M | $0 | $215.6M | $245.5M | $243.6M | $242.7M | $287.9M | $331.5M | $403.3M | $467.6M |
| Retained earnings | -$363.7M | -$260.0M | -$180.2M | $118.9M | $186.6M | $190.4M | $272.0M | $590.7M | $626.6M | $333.8M |
| Total equity | -$110.2M | -$157.4M | -$125.1M | -$118.9M | -$68.9M | -$82.6M | -$21.4M | $296.7M | $340.0M | $62.2M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$5.1M | -$5.0M | -$21.8M | -$44.9M | -$60.4M | -$22.4M | $46.7M | $68.4M | $66.1M | $126.8M |
| Depreciation and amortisation | $517.0K | $997.0K | $2.4M | $3.4M | $4.6M | $14.9M | $18.5M | $30.8M | $36.4M | — |
| Stock-based compensation | $4.3M | $4.7M | $5.1M | $5.0M | $2.8M | $7.8M | $11.9M | $10.2M | $4.3M | $6.2M |
| Capital expenditure | $69.0K | $3.0K | $0 | $863.0K | $1.4M | $2.7M | $2.2M | $3.9M | $10.5M | $23.3M |
| Investing cash flow | -$319.0K | $2.3M | $0 | -$767.0K | $102.8M | $47.2M | $44.9M | $11.1M | -$10.3M | -$80.9M |
| Financing cash flow | $3.2M | $55.0K | $3.0M | -$2.2M | -$2.3M | -$49.3M | -$69.0M | -$124.3M | -$100.3M | -$76.6M |
| Buybacks | — | — | — | — | — | $0 | $20.0M | $40.4M | $39.0M | $37.7M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001462418-26-000019.
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