Altisource Portfolio Solutions S.A. (OQ:ASPS)

Sector:  N/A Industry:  N/A
 
See Regulatory Filings on SEC
Company Contact
Address: 33, Boulevard Prince Henri
LUXEMBOURG 1724
Tel: N/A
Website: https://altisource.com
IR: See website
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Key People
William B. Shepro
Chairman of the Board, Chief Executive Officer
Michelle D. Esterman
Chief Financial Officer
Gregory James Ritts
Chief Legal and Compliance Officer
Business Overview
Altisource Portfolio Solutions SA is a Luxembourg-based integrated service provider for the real estate and mortgage industries. The Company offers portfolio management and related technology products, asset recovery, and customer relationship management services. It acts as a transaction solutions provider with the electronic payment management software and behavioural science-based analytics for the business processes, vendor and marketplace participants. It also provides technology and solutions to mortgage servicing and origination clients as well as buyers and sellers of single-family residential real estate (single-family rental (SFR) solution) that helps improve operations, save money, reduce risk and grow or liquidate portfolios.
Financial Overview
For the fiscal year ended 31 December 2023, Altisource Portfolio Solutions S.A. revenues decreased 5% to $145.1M. Net loss increased 5% to $56.3M. Revenues reflect Servicer and Real Estate segment decrease of 4% to $115.5M, Origination segment decrease of 12% to $29.6M. Basic Earnings per Share excluding Extraordinary Items increased from -$3.32 to -$2.51.
Employees: 1,071 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $228.91M as of Dec 31, 2023
Annual revenue (TTM): $145.07M as of Dec 31, 2023
EBITDA (TTM): -$9.17M as of Dec 31, 2023
Net annual income (TTM): -$56.29M as of Dec 31, 2023
Free cash flow (TTM): -$21.83M as of Dec 31, 2023
Net Debt Last Fiscal Year: $183.09M as of Dec 31, 2023
Shares outstanding: 26,952,660 as of Apr 3, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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