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.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $997.3M | $942.2M | $838.2M | $648.7M | $365.5M | $178.5M | $153.1M | $145.1M | $160.1M | $171.0M |
| Gross profit | $307.3M | $242.3M | $216.0M | $155.4M | $60.4M | $7.1M | $21.8M | $29.7M | $49.5M | $48.9M |
| Net income | $31.4M | $311.6M | -$2.7M | -$305.9M | -$66.3M | $12.1M | -$52.8M | -$56.1M | -$35.4M | $1.9M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Results announced Item 2.02
- Shareholder vote Item 5.07
- Regulation FD disclosure Item 7.01
- Regulation FD disclosure Item 7.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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