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 |
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 |