Here are the 10-K annual reports from Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants (ASPSW) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow ASPSW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ASPSW filings page.
Altisource Portfolio Solutions reports a return to profitability and a major balance sheet overhaul for 2025. Service revenue rose by $10.9 million, or 7%, to $161.3 million. Net income attributable to Altisource was $1.6 million, a $37.3 million improvement, with diluted EPS of $0.15.
The company completed a large debt exchange, swapping $232.8 million of senior secured term loans for a $160.0 million new first lien loan and 7.3 million common shares, plus a new $12.5 million super senior facility. Management estimates annual cash and PIK interest fall by about $18 million, and GAAP interest expense by $23 million, while extending debt maturities.
Altisource also executed a 1‑for‑8 reverse stock split and distributed 70.5 million Stakeholder Warrants, exercisable for about 14.3 million shares at $9.5998. At year-end, cash and equivalents were $26.6 million, with 11,276,236 common shares outstanding as of February 26, 2026. Key risks include heavy revenue dependence on Onity (42% of 2025 revenue) and changing relationships with Rithm, as well as extensive regulatory, technology, cybersecurity and liquidity risks highlighted in the detailed risk factors.