Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants (ASPSW) Financials

ASPSW

Trailing 12 months to June 30, 2026

Revenue $182.5M +8.5% YoY

Net Income -$10.5M -58.4% YoY

EPS (Diluted) -$0.99 YoY not available

Free Cash Flow -$2.4M +71.3% YoY

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Jul 23, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Jul 23, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ASPSW SEC filings page.

Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants (ASPSW) reported $182.5M in revenue over the twelve months to Jun 30, 2026, up 8.5% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI ASPSW FY2025 2026-08-30

Gross-margin expansion has not become durable operating cash generation, while creditor-funded liabilities still dominate the balance sheet.

The FY2025 reported profit is not cash earnings: net income of $1.9M coexisted with operating cash flow of -$5.1M, so the income statement’s modest recovery did not translate into cash conversion. A $16.1M tax benefit also lifted reported profit, making the positive bottom line less representative of underlying operating economics.

Short-term liquidity tightened sharply in FY2024, then recovered to 1.2x in FY2025, indicating improved near-term coverage without resolving the longer-term capital deficit. FY2025 liabilities of $250.0M against assets of $139.8M left equity negative, so the balance sheet remains structurally dependent on creditors rather than owned capital.

Gross margin expanded from 4.0% in FY2021 to 28.6% in FY2025, indicating a materially improved revenue-cost relationship rather than simply more sales. Yet FY2025 operating margin was only 0.2%, showing overhead absorbs nearly all gross profit at the operating line; $12.2M of interest expense further limits what reaches net income.

Financial Health Signals

Financial health score not available

Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

5/8

Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality No Cash Backing

$2.63used

For every $1 of reported earnings, Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants used $2.63 of operating cash (-$5.1M OCF vs $1.9M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.

Interest Coverage At Risk

0.03x

Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants earns $0.03 in operating income for every $1 of interest expense ($417K vs $12.2M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$50.7M

YoY+17.0%

QoQ+6.5%

5Y CAGR+1.9%

10Y CAGR-14.9%

Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants generated $50.7M in revenue in Q2 2026. This represents an increase of 17.0% from the same quarter a year earlier. Against the prior quarter it is up 6.5%.

EBITDA

$2.7M

YoY-43.5%

QoQ-17.2%

Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants's EBITDA was $2.7M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 43.5% from the same quarter a year earlier. Against the prior quarter it is down 17.2%.

Net Income

-$515K

YoY-103.1%

QoQ+3.0%

Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants reported -$515K in net income in Q2 2026. This represents a decrease of 103.1% from the same quarter a year earlier. Against the prior quarter it is up 3.0%.

EPS (Diluted)

-$0.05

YoY-103.4%

QoQ+16.7%

Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants earned -$0.05 per diluted share (EPS) in Q2 2026. This represents a decrease of 103.4% from the same quarter a year earlier. Against the prior quarter it is up 16.7%.

Cash & Balance Sheet

Free Cash Flow

-$6.9M

YoY-2120.4%

QoQ-259.0%

Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants recorded an outflow of $6.9M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 2120.4% from the same quarter a year earlier. Against the prior quarter it is down 259.0%.

Cash & Debt

$23.2M

YoY-22.7%

QoQ-23.6%

5Y CAGR-8.1%

10Y CAGR-15.2%

Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants held $23.2M in cash against $185.0M in long-term debt as of Q2 2026.

Shares Outstanding

11M

YoY+3.9%

QoQ+1.3%

5Y CAGR-6.4%

10Y CAGR-4.6%

Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants had 11M shares outstanding in Q2 2026. This represents an increase of 3.9% from the same quarter a year earlier. Against the prior quarter it is up 1.3%.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin

25.3%

YoY-4.8pp

QoQ-2.3pp

5Y change+21.0pp

10Y change-6.5pp

Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants's gross margin was 25.3% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 4.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.3 percentage points.

Operating Margin

2.2%

YoY-5.2pp

QoQ-1.4pp

5Y change+33.8pp

Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants's operating margin was 2.2% in Q2 2026, reflecting core business profitability. This is down 5.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.4 percentage points.

Net Margin

-1.0%

YoY-39.5pp

QoQ+0.1pp

5Y change+39.5pp

10Y change-9.1pp

Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants's net profit margin was -1.0% in Q2 2026, showing the share of revenue converted to profit. This is down 39.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.1 percentage points.

Return on Equity

Not reported for Q2 2026.

Capital Allocation

Capital Expenditures

$231K

YoY+7600.0%

QoQ+67.4%

5Y CAGR+0.4%

10Y CAGR-28.3%

Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants invested $231K in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 7600.0% from the same quarter a year earlier. Against the prior quarter it is up 67.4%.

R&D Spending

Not reported for Q2 2026.

Share Buybacks

Not reported for Q2 2026.

ASPSW Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

ASPSW quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$182.5M	$171.0M+6.8%	$160.1M+10.4%	$145.1M-5.3%	$153.1M-14.2%	$178.5M-51.2%	$365.5M-43.6%	$648.7M-22.6%	$838.2M-11.0%	$942.2M-5.5%	$997.3M-5.2%	$1.1B-2.5%	$1.1B+40.4%	$768.4M+35.2%	$568.4M+34.1%	$423.7M
Cost of Revenue	$134.0M	$122.1M+10.4%	$110.6M-4.2%	$115.4M-12.1%	$131.3M-23.4%	$171.4M-43.9%	$305.2M-38.1%	$493.3M-20.7%	$622.2M-11.1%	$699.9M+1.4%	$690.0M	N/A	N/A	N/A	N/A	N/A
Gross Profit	$48.5M	$48.9M-1.2%	$49.5M+67.0%	$29.7M+35.9%	$21.8M+207.8%	$7.1M-88.3%	$60.4M-61.2%	$155.4M-28.1%	$216.0M-10.9%	$242.3M-21.1%	$307.3M-15.6%	$364.1M-2.0%	$371.7M+34.7%	$275.9M+36.5%	$202.2M+36.7%	$147.8M
SG&A Expenses	$44.2M	$41.0M-10.2%	$45.6M-1.7%	$46.4M-15.2%	$54.8M-18.3%	$67.0M-27.7%	$92.7M-34.3%	$141.1M-19.7%	$175.7M-8.8%	$192.6M-10.0%	$214.2M-3.0%	$220.9M+9.5%	$201.7M+77.3%	$113.8M+52.3%	$74.7M+20.2%	$62.1M
Operating Income	-$3.2M	$417K-87.1%	$3.2M+119.2%	-$16.8M+49.5%	-$33.2M-214.5%	$29.0M+165.3%	-$44.4M-345.7%	$18.1M-57.5%	$42.5M-14.5%	$49.7M-23.7%	$65.1M-17.7%	$79.1M-53.6%	$170.5M+5.2%	$162.1M+27.2%	$127.4M+48.7%	$85.7M
EBITDA	N/A	$6.1M-34.2%	$9.3M+201.2%	-$9.2M+62.6%	-$24.6M-157.2%	$43.0M+391.8%	-$14.7M-126.5%	$55.6M-24.2%	$73.3M-14.9%	$86.2M-15.4%	$101.9M-11.8%	$115.5M-42.1%	$199.5M+10.1%	$181.1M+29.2%	$140.2M+49.1%	$94.1M
Interest Expense	$8.9M	$12.2M-68.7%	$38.9M+7.7%	$36.1M+117.0%	$16.6M+14.4%	$14.5M-18.0%	$17.7M-17.1%	$21.4M-18.5%	$26.3M+18.0%	$22.3M-8.8%	$24.4M-13.5%	$28.2M+20.7%	$23.4M+15.1%	$20.3M+1576.9%	$1.2M+1323.5%	$85K
Income Tax	$1.0M	-$16.1M-722.8%	$2.6M-30.5%	$3.7M-29.5%	$5.3M+62.9%	$3.2M-62.5%	$8.6M-97.3%	$318.3M+7667.1%	$4.1M+101.5%	-$276.3M-2235.7%	$12.9M+56.6%	$8.3M-18.8%	$10.2M+19.2%	$8.5M-2.3%	$8.7M+10.0%	$7.9M
Net Income	-$10.5M	$1.9M+105.4%	-$35.4M+36.8%	-$56.1M-6.1%	-$52.8M-538.3%	$12.1M+118.2%	-$66.3M+78.3%	-$305.9M-11232.2%	-$2.7M-100.9%	$311.6M+892.9%	$31.4M-29.9%	$44.8M-67.3%	$137.1M+2.5%	$133.8M+15.4%	$115.9M+63.0%	$71.1M
EPS (Basic)	N/A	$0.16+101.6%	-$9.99-298.0%	-$2.51+24.4%	-$3.32-542.7%	$0.75+117.4%	-$4.31+77.6%	-$19.26-5918.8%	-$0.32-101.9%	$16.99+1010.5%	$1.53-28.2%	$2.13-65.8%	$6.22+10.5%	$5.63+18.8%	$4.74+62.3%	$2.92
EPS (Diluted)	-$0.99	$0.15	-$9.99	-$2.51+24.4%	-$3.32-548.6%	$0.74+117.2%	-$4.31+77.6%	-$19.26	-$0.32	$16.53+1032.2%	$1.46-27.7%	$2.02-64.5%	$5.69+9.6%	$5.19+17.2%	$4.43+59.9%	$2.77
Diluted Shares (Avg)	N/A	11M	4M	22M+39.5%	16M0.0%	16M+3.0%	16M-2.5%	16M	17M	19M-4.7%	20M-4.9%	21M-12.8%	24M-5.7%	25M+0.4%	25M-2.8%	26M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$50.7M+17.0%	$47.6M+9.5%	$42.3M+3.2%	$41.9M+3.4%	$43.3M+10.7%	$43.4M+10.1%	$41.0M+20.1%	$40.5M+11.9%
Cost of Revenue	$37.8M+25.1%	$34.5M+14.5%	$31.1M+8.9%	$30.6M+7.4%	$30.3M+14.6%	$30.1M+10.9%	$28.6M+11.1%	$28.5M-1.9%
Gross Profit	$12.8M-1.6%	$13.1M-1.6%	$11.2M-9.9%	$11.3M-6.0%	$13.0M+2.4%	$13.3M+8.3%	$12.4M+47.6%	$12.1M+67.9%
SG&A Expenses	$11.7M+19.3%	$11.4M+13.0%	$10.3M-8.0%	$10.8M-1.3%	$9.8M-7.9%	$10.1M-21.6%	$11.2M-0.7%	$11.0M+2.2%
Operating Income	$1.1M-65.0%	$1.7M-46.8%	-$6.6M-1226.7%	$521K-52.9%	$3.2M+55.1%	$3.2M+692.2%	$584K+120.7%	$1.1M+131.2%
EBITDA	$2.7M-43.5%	$3.2M-31.8%	-$5.2M-351.8%	$1.9M-26.6%	$4.7M+28.7%	$4.7M+361.7%	$2.1M+277.0%	$2.6M+261.6%
Interest Expense	$2.1M-18.6%	$2.1M-57.3%	$2.3M-76.5%	$2.4M-76.2%	$2.6M-73.3%	$4.9M-48.2%	$9.6M+0.5%	$10.0M+0.7%
Income Tax	$472K+102.9%	$887K+19.5%	-$1.0M-392.2%	$660K-18.4%	-$16.5M-2433.0%	$742K+2.8%	$344K-69.5%	$809K+93.5%
Net Income	-$515K-103.1%	-$531K+89.9%	-$7.1M+18.2%	-$2.3M+75.0%	$16.7M+301.4%	-$5.3M+42.4%	-$8.7M+33.3%	-$9.3M+17.5%
EPS (Basic)	-$0.05-103.3%	-$0.06+91.9%	-$0.75+69.3%	-$0.22+91.6%	$1.51+164.8%	-$0.74-124.2%	-$2.44-495.1%	-$2.61-411.8%
EPS (Diluted)	-$0.05-103.4%	-$0.06	-$0.66	-$0.22	$1.48	-$0.74	-$2.44	-$2.61
Diluted Shares (Avg)	11M+1.2%	11M	N/A	11M	11M	7M	N/A	4M

Not reported in any period shown, so not listed: R&D Expenses.

ASPSW Balance Sheet

ASPSW quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$139.8M-2.6%	$143.6M-7.3%	$154.9M-20.7%	$195.3M-24.3%	$257.8M-3.0%	$265.7M-32.6%	$394.3M-46.8%	$741.7M-14.3%	$865.2M+25.5%	$689.2M-4.5%	$721.8M-8.4%	$788.2M+8.0%	$730.1M+70.1%	$429.2M+91.5%	$224.2M
Current Assets	$54.3M+6.2%	$51.1M-8.0%	$55.5M-36.6%	$87.6M-36.6%	$138.0M+37.8%	$100.2M-45.6%	$184.2M-8.6%	$201.5M-25.8%	$271.6M-16.5%	$325.5M+6.3%	$306.1M+1.3%	$302.1M+21.4%	$248.9M+22.1%	$203.8M+125.8%	$90.3M
Cash & Equivalents	$26.6M-10.8%	$29.8M-8.3%	$32.5M-36.3%	$51.0M-48.0%	$98.1M+68.4%	$58.3M-29.6%	$82.7M+41.9%	$58.3M-44.5%	$105.0M-29.7%	$149.3M-16.7%	$179.3M+11.1%	$161.4M+23.8%	$130.3M+23.5%	$105.5M+228.4%	$32.1M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0-100.0%	$49.2M+7.4%	$45.8M	$0	$0	$0	$0	$0
Accounts Receivable	$18.0M+19.1%	$15.1M+29.1%	$11.7M-10.0%	$13.0M-27.8%	$18.0M-19.7%	$22.4M-48.6%	$43.6M+19.6%	$36.5M-30.9%	$52.7M-39.9%	$87.8M-16.4%	$105.0M-6.4%	$112.2M+7.1%	$104.8M+17.8%	$89.0M+71.1%	$52.0M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$56.0M0.0%	$56.0M0.0%	$56.0M0.0%	$56.0M0.0%	$56.0M-24.2%	$73.8M0.0%	$73.8M-9.3%	$81.4M-5.7%	$86.3M0.0%	$86.3M+4.2%	$82.8M-8.9%	$90.9M-8.6%	$99.4M+566.5%	$14.9M0.0%	$14.9M
Total Liabilities	$250.0M-16.9%	$301.0M+7.3%	$280.5M-10.9%	$314.9M-4.0%	$327.9M-6.2%	$349.4M-16.2%	$417.1M-6.5%	$446.3M-15.2%	$526.6M-16.2%	$628.4M-6.3%	$670.8M-10.3%	$747.8M+30.4%	$573.4M+111.8%	$270.8M+341.0%	$61.4M
Current Liabilities	$47.1M-82.7%	$271.3M+658.6%	$35.8M-10.8%	$40.1M-26.8%	$54.7M-23.5%	$71.5M-18.3%	$87.6M-16.1%	$104.4M-4.7%	$109.6M-26.4%	$148.9M+15.3%	$129.1M-8.3%	$140.8M+3.8%	$135.6M+89.2%	$71.6M+29.2%	$55.4M
Non-Current Liabilities	$202.9M+583.1%	$29.7M-87.9%	$244.8M-10.9%	$274.8M+0.6%	$273.2M-1.7%	$277.9M-15.7%	$329.5M-3.6%	$341.9M-18.0%	$417.0M-13.0%	$479.5M-11.5%	$541.7M-10.8%	$607.1M+38.7%	$437.8M+119.9%	$199.1M+3239.0%	$6.0M
Long-Term Debt	$189.9M	N/A	$215.6M-12.2%	$245.5M+0.8%	$243.6M+0.4%	$242.7M-15.7%	$287.9M-13.2%	$331.5M-17.8%	$403.3M-13.7%	$467.6M-10.5%	$522.2M-10.4%	$582.7M+48.9%	$391.3M+99.6%	$196.0M	N/A
Total Equity	-$110.2M+30.0%	-$157.4M-25.2%	-$125.7M-5.0%	-$119.6M-70.6%	-$70.1M+16.3%	-$83.8M-267.0%	-$22.8M-107.7%	$295.4M-12.8%	$338.6M+457.0%	$60.8M+19.2%	$51.0M+26.2%	$40.4M-74.2%	$156.7M-1.1%	$158.5M-2.6%	$162.8M
Retained Earnings	-$363.7M-39.9%	-$260.0M-44.3%	-$180.2M-251.5%	$118.9M-36.3%	$186.6M-2.0%	$190.4M-30.0%	$272.0M-53.9%	$590.7M-5.7%	$626.6M+87.7%	$333.8M-9.6%	$369.3M+0.4%	$368.0M+53.6%	$239.6M+93.0%	$124.1M-1.6%	$126.2M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$136.5M-4.5%	$142.2M-2.4%	$139.8M-2.6%	$139.9M-3.2%	$142.9M-2.5%	$145.7M-2.2%	$143.6M-7.3%	$144.5M-11.1%
Current Assets	$56.6M+4.9%	$58.8M+7.1%	$54.3M+6.2%	$54.4M+7.0%	$53.9M+5.3%	$54.9M+6.5%	$51.1M-8.0%	$50.8M-16.5%
Cash & Equivalents	$23.2M-22.7%	$30.3M-1.5%	$26.6M-10.8%	$28.6M+0.9%	$30.0M+1.0%	$30.8M+4.1%	$29.8M-8.3%	$28.3M-22.7%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Accounts Receivable	$26.9M+46.0%	$20.7M+13.8%	$18.0M+19.1%	$17.4M+22.3%	$18.4M+39.8%	$18.2M+33.5%	$15.1M+29.1%	$14.2M+9.7%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$56.0M0.0%	$56.0M0.0%	$56.0M0.0%	$56.0M0.0%	$56.0M0.0%	$56.0M0.0%	$56.0M0.0%	$56.0M0.0%
Total Liabilities	$246.6M+0.4%	$252.6M-4.8%	$250.0M-16.9%	$244.1M-16.9%	$245.6M-14.5%	$265.4M-5.9%	$301.0M+7.3%	$293.9M+6.4%
Current Liabilities	$48.4M+20.7%	$51.0M+20.9%	$47.1M-82.7%	$39.7M-85.1%	$40.1M-84.5%	$42.2M+23.8%	$271.3M+658.6%	$265.4M+624.4%
Non-Current Liabilities	$198.2M-3.6%	$201.6M-9.7%	$202.9M+583.1%	$204.5M+617.2%	$205.5M+622.0%	$223.2M-10.0%	$29.7M-87.9%	$28.5M-88.1%
Long-Term Debt	$185.0M-4.0%	$188.5M-2.7%	$189.9M	$191.3M	$192.6M	$193.7M-11.6%	$0-100.0%	$0-100.0%
Total Equity	-$110.1M-7.2%	-$110.5M+7.8%	-$110.2M+30.0%	-$104.2M+30.2%	-$102.7M+27.1%	-$119.8M+10.2%	-$157.4M-25.2%	-$149.4M-31.5%
Retained Earnings	-$368.9M-4.6%	-$368.3M-1.4%	-$363.7M-39.9%	-$355.9M-43.8%	-$352.6M-50.5%	-$363.1M-66.2%	-$260.0M-44.3%	-$247.5M-49.0%

Not reported in any period shown, so not listed: Inventory.

ASPSW Cash Flow Statement

ASPSW quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	-$2.0M	-$5.1M-0.8%	-$5.0M+77.0%	-$21.8M+51.4%	-$44.9M+25.7%	-$60.4M-169.7%	-$22.4M-148.0%	$46.7M-31.7%	$68.4M+3.5%	$66.1M-47.9%	$126.8M-35.1%	$195.4M-1.1%	$197.5M+6.5%	$185.5M+59.2%	$116.5M+4.4%	$111.6M
Depreciation & Amortization	N/A	$5.7M-6.2%	$6.1M-19.8%	$7.6M-11.6%	$8.6M-39.0%	$14.1M-52.5%	$29.6M-21.1%	$37.5M+21.9%	$30.8M-15.5%	$36.4M-0.9%	$36.8M+0.9%	$36.5M+25.6%	$29.0M+52.4%	$19.1M+49.2%	$12.8M+53.0%	$8.4M
Stock-Based Compensation	N/A	$4.3M-8.2%	$4.7M-6.5%	$5.1M+0.4%	$5.0M+78.8%	$2.8M-63.8%	$7.8M-34.3%	$11.9M+16.5%	$10.2M+139.5%	$4.3M-31.2%	$6.2M+28.6%	$4.8M+115.2%	$2.2M-6.8%	$2.4M-34.1%	$3.6M-7.3%	$3.9M
Capital Expenditures	$410K	$69K+2200.0%	$3K	$0-100.0%	$863K-37.4%	$1.4M-49.0%	$2.7M+25.2%	$2.2M-44.8%	$3.9M-62.8%	$10.5M-54.8%	$23.3M-35.7%	$36.2M-44.2%	$64.8M+90.0%	$34.1M-4.0%	$35.6M+116.3%	$16.4M
Free Cash Flow	-$2.4M	-$5.1M-2.1%	-$5.0M+77.0%	-$21.8M+52.3%	-$45.8M+26.0%	-$61.8M-146.1%	-$25.1M-156.4%	$44.5M-31.0%	$64.5M+16.0%	$55.6M-46.3%	$103.5M-34.9%	$159.2M+20.0%	$132.6M-12.4%	$151.3M+86.9%	$81.0M-14.9%	$95.2M
Investing Cash Flow	-$660K	-$319K-114.2%	$2.3M	$0+100.0%	-$767K-100.7%	$102.8M+117.6%	$47.2M+5.2%	$44.9M+305.0%	$11.1M+207.3%	-$10.3M+87.2%	-$80.9M-22.6%	-$66.0M+34.8%	-$101.3M	N/A	N/A	-$33.1M
Financing Cash Flow	-$5.7M	$3.2M+5676.4%	$55K-98.2%	$3.0M+234.0%	-$2.2M+3.6%	-$2.3M+95.3%	-$49.3M+28.6%	-$69.0M+44.5%	-$124.3M-23.9%	-$100.3M-30.9%	-$76.6M+31.2%	-$111.4M-70.9%	-$65.2M	N/A	N/A	-$68.5M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	$0-100.0%	$20.0M-50.5%	$40.4M+3.5%	$39.0M+3.6%	$37.7M-36.1%	$58.9M-76.9%	$255.7M+81.3%	$141.0M+740.3%	$16.8M-73.0%	$62.2M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	-$6.6M-2066.7%	$4.5M+189.6%	-$505K+64.0%	$718K+145.8%	-$306K-270.0%	-$5.0M-122.3%	-$1.4M+66.9%	-$1.6M+76.5%
Depreciation & Amortization	$1.5M+3.6%	$1.5M+1.9%	$1.4M-1.8%	$1.4M-6.8%	$1.5M-6.4%	$1.5M-7.1%	$1.5M-14.8%	$1.5M-24.7%
Stock-Based Compensation	$1.2M+71.4%	$1.2M+9.0%	N/A	$1.3M+44.4%	$700K-12.5%	$1.1M-50.6%	N/A	$900K-25.0%
Capital Expenditures	$231K+7600.0%	$138K+452.0%	$20K+566.7%	$21K	$3K	$25K	$3K	$0
Free Cash Flow	-$6.9M-2120.4%	$4.3M+186.4%	-$525K+62.6%	$697K+144.5%	-$309K-271.7%	-$5.0M-123.4%	-$1.4M+66.9%	-$1.6M+76.5%
Investing Cash Flow	-$231K-7600.0%	-$138K-452.0%	-$20K-100.9%	-$271K	-$3K	-$25K	$2.3M	$0
Financing Cash Flow	-$2.2M-325.3%	-$1.1M-119.1%	-$1.5M-335.1%	-$832K-501.9%	-$521K-604.1%	$6.0M+956.9%	$621K+421.8%	$207K-97.5%

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

ASPSW Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

ASPSW quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	28.6%-2.3pp	30.9%+10.5pp	20.4%+6.2pp	14.2%+10.3pp	4.0%-12.5pp	16.5%-7.5pp	24.0%-1.8pp	25.8%+0.1pp	25.7%-5.1pp	30.8%-3.8pp	34.6%+0.2pp	34.4%-1.5pp	35.9%+0.3pp	35.6%+0.7pp	34.9%
Operating Margin	0.2%-1.8pp	2.0%+13.6pp	-11.6%+10.1pp	-21.7%-37.9pp	16.2%+28.4pp	-12.1%-14.9pp	2.8%-2.3pp	5.1%-0.2pp	5.3%-1.2pp	6.5%-1.0pp	7.5%-8.3pp	15.8%-5.3pp	21.1%-1.3pp	22.4%+2.2pp	20.2%
Net Margin	1.1%+23.3pp	-22.1%+16.5pp	-38.6%-4.2pp	-34.5%-41.3pp	6.8%+24.9pp	-18.1%+29.0pp	-47.1%-46.8pp	-0.3%-33.4pp	33.1%+29.9pp	3.1%-1.1pp	4.3%-8.4pp	12.7%-4.7pp	17.4%-3.0pp	20.4%+3.6pp	16.8%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-0.9%-92.9pp	92.0%+40.4pp	51.6%-36.3pp	87.9%-251.5pp	339.4%+254.0pp	85.4%+12.2pp	73.2%+29.5pp	43.7%
Return on Assets	1.4%+26.1pp	-24.7%+11.5pp	-36.2%-9.1pp	-27.1%-31.7pp	4.7%+29.6pp	-25.0%+52.6pp	-77.6%-77.2pp	-0.4%-36.4pp	36.0%+31.5pp	4.5%-1.7pp	6.2%-11.2pp	17.4%-0.9pp	18.3%-8.7pp	27.0%-4.7pp	31.7%
Current Ratio	1.15+1.0x	0.19-1.4x	1.55-0.6x	2.18-0.3x	2.52+1.1x	1.40-0.7x	2.10+0.2x	1.93-0.5x	2.48+0.3x	2.19-0.2x	2.37+0.2x	2.15+0.3x	1.84-1.0x	2.85+1.2x	1.63
Debt-to-Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	1.12-0.1x	1.19-6.5x	7.69-2.6x	10.24-4.2x	14.42+11.9x	2.50+1.3x	1.24+0.9x	0.38
Asset Turnover	1.22+0.1x	1.12+0.2x	0.94+0.2x	0.78+0.1x	0.69-0.7x	1.38-0.3x	1.65+0.5x	1.130.0x	1.09-0.4x	1.450.0x	1.46+0.1x	1.37+0.3x	1.05-0.3x	1.32-0.6x	1.89
FCF Margin	-3.0%+0.1pp	-3.1%+11.9pp	-15.0%+14.8pp	-29.9%+4.7pp	-34.6%-27.8pp	-6.9%-13.7pp	6.9%-0.8pp	7.7%+1.8pp	5.9%-4.5pp	10.4%-4.8pp	15.1%+2.9pp	12.3%-7.4pp	19.7%+5.5pp	14.2%-8.2pp	22.5%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	25.3%-4.8pp	27.6%-3.1pp	26.5%-3.9pp	27.1%-2.7pp	30.1%-2.4pp	30.7%-0.5pp	30.3%+5.7pp	29.8%+9.9pp
Operating Margin	2.2%-5.2pp	3.6%-3.8pp	-15.5%-17.0pp	1.2%-1.5pp	7.5%+2.1pp	7.5%+8.9pp	1.4%+9.7pp	2.7%+12.5pp
Net Margin	-1.0%-39.5pp	-1.1%+11.0pp	-16.9%+4.4pp	-5.5%+17.4pp	38.5%+59.6pp	-12.1%+11.1pp	-21.3%+17.0pp	-22.9%+8.2pp
Return on Assets	-0.4%-12.0pp	-0.4%+3.3pp	-5.1%+1.0pp	-1.7%+4.8pp	11.7%+17.3pp	-3.6%+2.5pp	-6.1%+2.4pp	-6.4%+0.5pp
Current Ratio	1.17-0.2x	1.15-0.1x	1.15+1.0x	1.37+1.2x	1.34+1.1x	1.30-0.2x	0.19-1.4x	0.19-1.5x
Asset Turnover	0.37+0.1x	0.330.0x	0.300.0x	0.300.0x	0.300.0x	0.300.0x	0.29+0.1x	0.28+0.1x
FCF Margin	-13.5%-12.8pp	9.1%+20.6pp	-1.2%+2.2pp	1.7%+5.5pp	-0.7%-1.2pp	-11.5%-5.8pp	-3.4%+9.0pp	-3.9%+14.5pp

Not reported in any period shown, so not listed: Return on Equity, Debt-to-Equity.

Note: Shareholder equity is negative (-$110.2M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Where Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants Ranks

Frequently Asked Questions

What is Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants's annual revenue?

Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants (ASPSW) reported $171.0M in total revenue for fiscal year 2025. This represents a 6.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants's revenue growing?

Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants (ASPSW) revenue grew by 6.8% year-over-year, from $160.1M to $171.0M in fiscal year 2025.

Is Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants profitable?

Yes, Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants (ASPSW) reported a net income of $1.9M in fiscal year 2025, with a net profit margin of 1.1%.

What is Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants's earnings per share (EPS)?

Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants (ASPSW) reported diluted earnings per share of $0.15 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants's EBITDA?

Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants (ASPSW) had EBITDA of $6.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants have?

As of fiscal year 2025, Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants (ASPSW) had $26.6M in cash and equivalents against $189.9M in long-term debt.

What is Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants's gross margin?

Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants (ASPSW) had a gross margin of 28.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants's operating margin?

Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants (ASPSW) had an operating margin of 0.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants's net profit margin?

Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants (ASPSW) had a net profit margin of 1.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants's free cash flow?

Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants (ASPSW) recorded an outflow of $5.1M in free cash flow during fiscal year 2025. This represents a -2.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants's operating cash flow?

Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants (ASPSW) recorded an outflow of $5.1M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants's total assets?

Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants (ASPSW) had $139.8M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants's capital expenditures?

Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants (ASPSW) invested $69K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants have outstanding?

Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants (ASPSW) had 11M shares outstanding as of fiscal year 2025.

What is Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants's current ratio?

Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants (ASPSW) had a current ratio of 1.15 as of fiscal year 2025, which is considered adequate.

What is Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants's return on assets (ROA)?

Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants (ASPSW) had a return on assets of 1.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

How does Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants's liquidity compare with its operating cash outflow?

At the end of fiscal year 2025, Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants (ASPSW) held $26.6M in cash, cash equivalents and investments, and reported an operating cash outflow of $5.1M over that year. Dividing the one by the other, the reported balance equals about 63 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

Why is Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants's debt-to-equity ratio negative or not reported?

Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants (ASPSW) has negative shareholder equity of -$110.2M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants's Piotroski F-Score?

Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants (ASPSW) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants's earnings high quality?

For every $1 of reported earnings, Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants (ASPSW) used $2.63 of operating cash (-$5.1M OCF vs $1.9M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants cover its interest payments?

Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants (ASPSW) has an interest coverage ratio of 0.03x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.