Altisource

Altisource Portfolio Solutions SA engages in the provision of integrated service and marketplace for the real estate and mortgage industries. It operates through the following businesses: field services, marketplace, and mortgage and real estate solutions. The field services segment is involved in property preservation and inspection services, and vendor management oversight software-as-a-service (SaaS) platform. The marketplace business offers Hubzu, an online real estate auction platform, real estate auction, real estate brokerage, and asset management; and Equator, a SaaS-based technology to manage real estate owned, short sales, foreclosure, bankruptcy, and eviction processes. The mortgage and real estate solutions business includes mortgage loans, title insurance, real estate valuation services, residential and commercial construction inspection and risk mitigation services, foreclosure trustee services, and management of Lenders One. The company was founded on November 4, 1999 and is headquartered in Luxembourg.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Altisource (ASPS) reports robust 2022 performance and eyes revenue growth

Altisource (ASPS) delivered a strong performance in 2022, focusing on revenue growth, cost savings, and balance sheet strengthening. While facing challenges in certain segments, the company anticipates growth in revenue, margin expansion, and positive adjusted EBITDA in 2023. With a strategic focus on new business wins and market recovery, Altisource is poised for continued success.

Altisource (ASPS) reports robust Q1 performance amidst market challenges

Altisource (ASPS) delivered a strong performance in Q1 2023, driven by revenue growth, cost-saving measures, and a strengthened balance sheet. While facing challenges related to consumer financial stress indicators and market risks, the company remains optimistic about revenue and EBITDA growth opportunities. By focusing on operational efficiency and leveraging its sales pipeline, Altisource aims to navigate market challenges and drive future growth.

Altisource (ASPS) reports 47% EBITDA growth, eyes acquisitions for 2024

Altisource (ASPS) delivered a strong performance in adjusted EBITDA, despite challenges in service revenue. With a strategic focus on managing expenses, new business wins, and potential acquisitions, the company aims for positive adjusted EBITDA in the fourth quarter and eyes growth opportunities in 2024.

Altisource (ASPS) reports strong Q3 performance and cost-cutting success

Altisource (ASPS) delivered a strong performance in Q3 2023, with improved adjusted EBITDA and margins in both segments. The company is actively pursuing new business opportunities, cutting costs effectively, and maintaining a healthy cash position. Analysts are interested in foreclosure trends, cost-cut progress, and future cash flow outlook.

Altisource reports mixed Q4 performance, focuses on growth strategies

Altisource's Q4 2023 performance reflects a mix of challenges and strengths across its segments, with a focus on operational efficiency and strategic growth initiatives for 2024.
The company's resilience in the Origination segment and progress in debt reduction underscore its commitment to financial stability and market positioning.
While facing challenges in revenue growth and inventory management, Altisource has opportunities to leverage customer relationships, innovation, and debt management for future success.
Overall, Altisource's strategic focus on growth, efficiency, and financial health positions it for potential long-term sustainability and competitive advantage.

Altisource excels in Q1, eyes revenue growth and market expansion

Altisource's strong Q1 performance, focus on market share growth, and emphasis on profitability through efficiency initiatives position the company for continued success. With a positive outlook for revenue and EBITDA growth, Altisource is strategically navigating market dynamics and capitalizing on sales wins.

Altisource (ASPS) reports robust Q2 performance and eyes revenue growth

Altisource (ASPS) delivered strong Q2 results with revenue growth and improved margins, focusing on new business wins and service expansion.
While challenges like consumer financial stress and market uncertainties exist, Altisource remains optimistic about future growth and revenue contributions.
The company's strategic initiatives in homeowners insurance and renovation services position it well for achieving 2024 targets and driving profitability.

Altisource (ASPS) reports robust Q3 performance, eyes Renovation business growth

Altisource Portfolio Solutions (ASPS) delivered a solid performance in Q3 2024, driven by strong service revenue and improved adjusted EBITDA. The company's focus on the Renovation business and diversification of revenue streams are key strengths. Despite market challenges, ASPS remains optimistic about future growth opportunities and is proactively managing risks.
ASPS's ability to adapt to changing market conditions, particularly in the Renovation business, highlights its resilience and strategic foresight. By maintaining good margins and capacity to handle referrals, ASPS is well-positioned for sustained growth and success in the evolving market landscape.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

LUXEMBOURG, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today announced that it has commenced an underwritten public offering of shares of common stock. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed or as to the actual size or terms of the offering. In addition, the Company intends to grant the underwriters a thirty-day option to purchase up to an additional 15% of shares of its common stock offered in the public offering.

Altisource Announces Proposed Public Offering of Common Stock

Improved 2022 Gross Profit Margins to 15% from 4% in 2021 and Improved 2022 Adjusted EBITDA by $15 million Compared to 2021

Altisource Announces Preliminary Fourth Quarter and Full Year 2022 Financial Results and Agreement With Lenders Holding Approximately 98% of the Company's Term Loans for a Term Loan Amendment and Maturity Extension Transaction

American Realty Investors

Appreciate Holdings Inc

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

Top Real Estate Stocks That May Rally

CBL & Associates Properties

National Health Investors

NexPoint Diversified Real Estate Trust

WeWork

5 Most Cheap Real Estate Stocks You Should Think About

The NestRange SaaS Property Data Platform Offers Users a Highly Accurate and Customizable Experience The NestRange SaaS Property Data Platform Offers Users a Highly Accurate and Customizable Experience

NestRange Offers Customizable, Actionable Property Data for Real Estate and Financial Industries

Altisource Portfolio Solutions S.A. (NASDAQ:ASPS ) Q3 2022 Results Conference Call November 3, 2022 10:00 AM ET Company Participants Michelle Esterman - Chief Financial Officer Bill Shepro - Chairman and Chief Executive Officer Conference Call Participants Mike Grondahl - Northland Securities Raj Sharma - B.

Altisource Portfolio Solutions S.A. (ASPS) Q3 2022 Earnings Call Transcript

LUXEMBOURG, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today reported financial results for the third quarter 2022.

Altisource Announces Third Quarter 2022 Financial Results

Walmart-based Mortgage Branches powered by Lenders One members offer prospective homebuyers and homeowners access to mortgage origination solutions within the community where they shop, live and work Walmart-based Mortgage Branches powered by Lenders One members offer prospective homebuyers and homeowners access to mortgage origination solutions within the community where they shop, live and work

Lenders One Opens Branded Mortgage Branch Location at Select Walmart Store in Orlando, FL

LUXEMBOURG, Oct. 28, 2022 (GLOBE NEWSWIRE) -- On Thursday, November 3, 2022, Altisource Portfolio Solutions S.A. (“Altisource”) (NASDAQ: ASPS) will report earnings for the third quarter 2022. A press release and presentation will be available on Altisource's website in the Investor Relations section.

Altisource Portfolio Solutions S.A. Schedules Third Quarter 2022 Conference Call

Altisource Portfolio (ASPS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Altisource Portfolio Solutions (ASPS) May Report Negative Earnings: Know the Trend Ahead of Q3 Release

Walmart-based Mortgage Branches powered by Lenders One members offer prospective homebuyers and homeowners access to mortgage origination solutions within the community where they shop, live and work

Lenders One Opens Branded Mortgage Branch Location at Select Walmart Store in Boonton, NJ

Lenders One Opens Branded Mortgage Branch Locations at Select Walmart Stores in Florida and New Jersey

Altisource Portfolio (ASPS) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Strength Seen in Altisource Portfolio (ASPS): Can Its 8.4% Jump Turn into More Strength?

Altisource Portfolio Solutions S.A. (NASDAQ:ASPS ) Q2 2022 Earnings Conference Call July 28, 2022 8:30 AM ET Company Participants Michelle Esterman - Chief Financial Officer William Shepro - Chairman and Chief Executive Officer Conference Call Participants Mike Pochucha - Northland Capital Ramin Kamali - Credit Suisse Raj Sharma - B.

Altisource Portfolio Solutions S.A. (ASPS) CEO William Shepro on Q2 2022 Results - Earnings Call Transcript

Altisource Portfolio (ASPS) delivered earnings and revenue surprises of -6.06% and 4.19%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Altisource Portfolio Solutions (ASPS) Reports Q2 Loss, Tops Revenue Estimates

LUXEMBOURG, July 28, 2022 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today reported financial results for the second quarter 2022.

Altisource Announces Second Quarter 2022 Financial Results

LUXEMBOURG, July 21, 2022 (GLOBE NEWSWIRE) -- On Thursday, July 28, 2022, Altisource Portfolio Solutions S.A. (“Altisource”) (NASDAQ: ASPS) will report earnings for the second quarter 2022. A press release and presentation will be available on Altisource's website in the Investor Relations section.

Altisource Portfolio Solutions S.A. Schedules Second Quarter 2022 Conference Call

Altisource Portfolio Solutions S.A. (NASDAQ:ASPS ) Q1 2022 Earnings Conference Call April 28, 2022 10:30 AM ET Company Participants William Shepro - Chairman and Chief Executive Officer Michelle Esterman - Chief Financial Officer Conference Call Participants Mike Grondahl - Northland Securities Raj Sharma - B.

Altisource Portfolio Solutions S.A. (ASPS) CEO William Shepro on Q1 2022 Results - Earnings Call Transcript

LUXEMBOURG, April 28, 2022 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today reported financial results for the first quarter 2022.

Altisource Announces First Quarter 2022 Financial Results

LUXEMBOURG, April 21, 2022 (GLOBE NEWSWIRE) -- On Thursday, April 28, 2022, Altisource Portfolio Solutions S.A. (“Altisource”) (NASDAQ: ASPS) will report earnings for the first quarter 2022. A press release and presentation will be available on Altisource's website in the Investor Relations section.

Altisource Portfolio Solutions S.A. Schedules First Quarter 2022 Conference Call

LUXEMBOURG, March 07, 2022 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS) today announced that Scott Burg resigned as a member of the Board of Directors (the “Board”) effective March 1, 2022 for personal reasons. On the same date, the Board appointed Mary Hickok effective immediately to the open position created by Mr. Burg's resignation.

Altisource Announces Appointment to Its Board of Directors

ATLANTA, March 7, 2022 /PRNewswire/ -- Lenders One® Cooperative ("L1" or "Lenders One"), a national alliance of independent mortgage bankers, banks and credit unions, and managed by a subsidiary of Altisource Portfolio Solutions S.A., welcomes members and providers in Phoenix, AZ at its annual Summit.

Lenders One Showcases Growth and Innovation at Annual Summit

Altisource Portfolio Solutions S.A. (ASPS) CEO William Shepro on Q4 2021 Results - Earnings Call Transcript

LUXEMBOURG, March 03, 2022 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today reported financial results for the fourth quarter and full year 2021.

Altisource Announces Fourth Quarter and Full Year 2021 Financial Results

LUXEMBOURG, Feb. 17, 2022 (GLOBE NEWSWIRE) -- On Thursday, March 3, 2022, Altisource Portfolio Solutions S.A. (“Altisource”) (NASDAQ: ASPS) will report earnings for the fourth quarter and full year 2021. A press release and presentation will be available on Altisource's website in the Investor Relations section.

News for Altisource Stock (ASPS)