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Altisource Portfolio Solutions S.A. Financials

ASPSZ
Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Altisource Portfolio Solutions S.A. (ASPSZ) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 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).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 26 / 100
Financial Profile 26/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
23

Altisource Portfolio Solutions S.A. has an operating margin of 0.2%, meaning the company retains $0 of operating profit per $100 of revenue. This below-average margin results in a low score of 23/100, suggesting thin profitability after operating expenses. This is down from 2.0% the prior year.

Growth
45

Altisource Portfolio Solutions S.A.'s revenue grew 6.8% year-over-year to $171.0M, a solid pace of expansion. This earns a growth score of 45/100.

Liquidity
18

Altisource Portfolio Solutions S.A.'s current ratio of 1.15 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 18/100, which could limit financial flexibility.

Cash Flow
18

While Altisource Portfolio Solutions S.A. generated -$5.1M in operating cash flow, capex of $69K consumed most of it, leaving -$5.1M in free cash flow. This results in a low score of 18/100, reflecting heavy capital investment rather than weak cash generation.

Piotroski F-Score Neutral
4/9

Altisource Portfolio Solutions S.A. passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Low Quality
-2.63x

For every $1 of reported earnings, Altisource Portfolio Solutions S.A. generates $-2.63 in operating cash flow (-$5.1M OCF vs $1.9M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk
0.0x

Altisource Portfolio Solutions S.A. earns $0.0 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
$171.0M
YoY+6.8%
5Y CAGR-14.1%
10Y CAGR-16.6%

Altisource Portfolio Solutions S.A. generated $171.0M in revenue in fiscal year 2025. This represents an increase of 6.8% from the prior year.

EBITDA
$6.1M
YoY-34.2%
10Y CAGR-25.5%

Altisource Portfolio Solutions S.A.'s EBITDA was $6.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 34.2% from the prior year.

Net Income
$1.9M
YoY+105.4%
10Y CAGR-27.0%

Altisource Portfolio Solutions S.A. reported $1.9M in net income in fiscal year 2025. This represents an increase of 105.4% from the prior year.

EPS (Diluted)
$0.15

Altisource Portfolio Solutions S.A. earned $0.15 per diluted share (EPS) in fiscal year 2025. This represents an increase of 101.5% from the prior year.

Cash & Balance Sheet

Free Cash Flow
-$5.1M
YoY-2.1%

Altisource Portfolio Solutions S.A. generated -$5.1M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 2.1% from the prior year.

Cash & Debt
$26.6M
YoY-10.8%
5Y CAGR-14.5%
10Y CAGR-17.4%

Altisource Portfolio Solutions S.A. held $26.6M in cash against $189.9M in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
11M

Altisource Portfolio Solutions S.A. had 11M shares outstanding in fiscal year 2025. This represents an increase of 223.1% from the prior year.

Margins & Returns

Gross Margin
28.6%
YoY-2.3pp
5Y CAGR+12.1pp
10Y CAGR-6.0pp

Altisource Portfolio Solutions S.A.'s gross margin was 28.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 2.3 percentage points from the prior year.

Operating Margin
0.2%
YoY-1.8pp
5Y CAGR+12.4pp
10Y CAGR-7.3pp

Altisource Portfolio Solutions S.A.'s operating margin was 0.2% in fiscal year 2025, reflecting core business profitability. This is down 1.8 percentage points from the prior year.

Net Margin
1.1%
YoY+23.3pp
5Y CAGR+19.3pp
10Y CAGR-3.1pp

Altisource Portfolio Solutions S.A.'s net profit margin was 1.1% in fiscal year 2025, showing the share of revenue converted to profit. This is up 23.3 percentage points from the prior year.

Return on Equity
N/A

Capital Allocation

R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
$69K
YoY+2200.0%
5Y CAGR-52.0%
10Y CAGR-46.5%

Altisource Portfolio Solutions S.A. invested $69K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 2200.0% from the prior year.

ASPSZ Income Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Revenue $42.3M+1.0% $41.9M-3.2% $43.3M-0.3% $43.4M+5.9% $41.0M+1.2% $40.5M+3.6% $39.1M-0.9% $39.5M
Cost of Revenue $31.1M+1.9% $30.6M+1.0% $30.3M+0.5% $30.1M+5.4% $28.6M+0.4% $28.5M+7.8% $26.4M-2.8% $27.2M
Gross Profit $11.2M-1.2% $11.3M-12.9% $13.0M-2.2% $13.3M+7.1% $12.4M+3.0% $12.1M-5.1% $12.7M+3.4% $12.3M
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $10.3M-5.1% $10.8M+10.5% $9.8M-2.8% $10.1M-9.8% $11.2M+1.9% $11.0M+3.1% $10.6M-17.3% $12.9M
Operating Income -$6.6M-1363.0% $521K-83.9% $3.2M-0.4% $3.2M+455.7% $584K-47.1% $1.1M-47.0% $2.1M+480.1% -$548K
Interest Expense $2.3M-4.9% $2.4M-9.4% $2.6M-47.0% $4.9M-48.6% $9.6M-3.6% $10.0M+1.8% $9.8M+2.7% $9.5M
Income Tax $224K-66.1% $660K+103.7% -$17.7M-2485.4% $742K+115.7% $344K-57.5% $809K+14.6% $706K-2.2% $722K
Net Income -$7.1M-206.8% -$2.3M-114.0% $16.7M+416.0% -$5.3M+39.5% -$8.7M+6.3% -$9.3M-12.5% -$8.3M+9.7% -$9.2M
EPS (Diluted) N/A $-0.22-114.9% $1.48 $-0.09 N/A $-2.61-12.0% $-2.33-606.1% $-0.33

ASPSZ Balance Sheet

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Total Assets $139.8M-0.1% $139.9M-2.1% $142.9M-1.9% $145.7M+1.4% $143.6M-0.6% $144.5M-1.4% $146.6M-1.6% $148.9M
Current Assets $54.3M-0.2% $54.4M+0.8% $53.9M-1.8% $54.9M+7.5% $51.1M+0.5% $50.8M-0.7% $51.2M-0.7% $51.6M
Cash & Equivalents $26.6M-7.0% $28.6M-4.6% $30.0M-2.7% $30.8M+3.4% $29.8M+5.2% $28.3M-4.6% $29.7M+0.3% $29.6M
Inventory N/A N/A N/A N/A N/A N/A N/A N/A
Accounts Receivable $18.0M+3.2% $17.4M-5.5% $18.4M+1.4% $18.2M+20.9% $15.1M+5.7% $14.2M+8.0% $13.2M-3.2% $13.6M
Goodwill $56.0M0.0% $56.0M0.0% $56.0M0.0% $56.0M0.0% $56.0M0.0% $56.0M0.0% $56.0M0.0% $56.0M
Total Liabilities $250.0M+2.4% $244.1M-0.6% $245.6M-7.5% $265.4M-11.8% $301.0M+2.4% $293.9M+2.3% $287.4M+1.8% $282.2M
Current Liabilities $47.1M+18.7% $39.7M-1.2% $40.1M-4.9% $42.2M-84.5% $271.3M+2.2% $265.4M+2.5% $258.9M+659.8% $34.1M
Long-Term Debt $189.9M-0.7% $191.3M-0.7% $192.6M-0.6% $193.7M $0 $0 $0-100.0% $219.3M
Total Equity -$110.2M-5.8% -$104.2M-1.5% -$102.7M+14.3% -$119.8M+23.9% -$157.4M-5.3% -$149.4M-6.1% -$140.8M-5.6% -$133.3M
Retained Earnings -$363.7M-2.2% -$355.9M-0.9% -$352.6M+2.9% -$363.1M-39.7% -$260.0M-5.0% -$247.5M-5.6% -$234.4M-7.2% -$218.5M

ASPSZ Cash Flow Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Operating Cash Flow -$505K-170.3% $718K+334.6% -$306K+93.8% -$5.0M-254.9% -$1.4M+10.6% -$1.6M-970.6% $180K+108.0% -$2.2M
Capital Expenditures $20K-4.8% $21K+600.0% $3K-88.0% $25K+733.3% $3K $0 $0 $0
Free Cash Flow -$525K-175.3% $697K+325.6% -$309K+93.8% -$5.0M-255.9% -$1.4M+10.4% -$1.6M-970.6% $180K+108.0% -$2.2M
Investing Cash Flow -$20K+92.6% -$271K-8933.3% -$3K+88.0% -$25K-101.1% $2.3M $0 $0 $0
Financing Cash Flow -$1.5M-75.5% -$832K-59.7% -$521K-108.7% $6.0M+864.6% $621K+200.0% $207K+379.7% -$74K+89.4% -$699K
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks N/A N/A N/A N/A N/A N/A N/A N/A

ASPSZ Financial Ratios

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Gross Margin 26.5%-0.6pp 27.1%-3.0pp 30.1%-0.6pp 30.7%+0.4pp 30.3%+0.6pp 29.8%-2.7pp 32.5%+1.3pp 31.2%
Operating Margin -15.5%-16.8pp 1.2%-6.2pp 7.5%-0.0pp 7.5%+6.0pp 1.4%-1.3pp 2.7%-2.6pp 5.3%+6.7pp -1.4%
Net Margin -16.9%-11.3pp -5.5%-44.0pp 38.5%+50.6pp -12.1%+9.1pp -21.3%+1.7pp -22.9%-1.8pp -21.1%+2.1pp -23.2%
Return on Equity N/A N/A N/A N/A N/A N/A N/A N/A
Return on Assets -5.1%-3.4pp -1.7%-13.3pp 11.7%+15.3pp -3.6%+2.4pp -6.1%+0.4pp -6.4%-0.8pp -5.6%+0.5pp -6.2%
Current Ratio 1.15-0.2 1.37+0.0 1.34+0.0 1.30+1.1 0.190.0 0.190.0 0.20-1.3 1.51
Debt-to-Equity -1.72+0.1 -1.84+0.0 -1.88-0.3 -1.62-1.6 0.000.0 0.000.0 0.00+1.6 -1.64
FCF Margin -1.2%-2.9pp 1.7%+2.4pp -0.7%+10.8pp -11.5%-8.1pp -3.4%+0.4pp -3.9%-4.3pp 0.5%+6.1pp -5.7%

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.

Frequently Asked Questions

Altisource Portfolio Solutions S.A. (ASPSZ) 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.

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

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

Altisource Portfolio Solutions S.A. (ASPSZ) 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.

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

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

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

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

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

Altisource Portfolio Solutions S.A. (ASPSZ) generated -$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.

Altisource Portfolio Solutions S.A. (ASPSZ) generated -$5.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

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

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

Altisource Portfolio Solutions S.A. (ASPSZ) had 11M shares outstanding as of fiscal year 2025.

Altisource Portfolio Solutions S.A. (ASPSZ) had a current ratio of 1.15 as of fiscal year 2025, which is considered adequate.

Altisource Portfolio Solutions S.A. (ASPSZ) had a debt-to-equity ratio of -1.72 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

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

Based on fiscal year 2025 data, Altisource Portfolio Solutions S.A. (ASPSZ) had $26.6M in cash against an annual operating cash burn of $5.1M. This gives an estimated cash runway of approximately 63 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Altisource Portfolio Solutions S.A. (ASPSZ) has negative shareholder equity of -$110.2M as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. 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.

Altisource Portfolio Solutions S.A. (ASPSZ) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Altisource Portfolio Solutions S.A. (ASPSZ) has an earnings quality ratio of -2.63x, considered low quality (accrual-driven). 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.

Altisource Portfolio Solutions S.A. (ASPSZ) has an interest coverage ratio of 0.0x, 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.

Altisource Portfolio Solutions S.A. (ASPSZ) scores 26 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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