--- title: "ALTISOURCE PORTFOLIO SOLUTIONS S A C/WTS 02/04/2029(TO PUR COM) | 8-K: FY2025 Revenue: USD 170.98 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/277776749.md" datetime: "2026-03-04T12:15:19.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/277776749.md) - [en](https://longbridge.com/en/news/277776749.md) - [zh-HK](https://longbridge.com/zh-HK/news/277776749.md) generator: "portal-rs" --- # ALTISOURCE PORTFOLIO SOLUTIONS S A C/WTS 02/04/2029(TO PUR COM) | 8-K: FY2025 Revenue: USD 170.98 M Revenue: As of FY2025, the actual value is USD 170.98 M. EPS: As of FY2025, the actual value is USD 0.15. EBIT: As of FY2025, the actual value is USD 11.53 M. ### Full Year 2025 Financial Performance #### Revenue and Profitability - **Service Revenue**: $161.3 million, a 7% increase from 2024. Total revenue was $170.975 million, a 7% increase from 2024. - **Gross Profit**: $48.910 million, a 1% decrease from $49.529 million in 2024. - **Gross Profit Margin**: 30% of service revenue, down from 33% in 2024. - **Income from Operations**: $0.417 million, an 87% decrease from $3.224 million in 2024. - **Adjusted Operating Income**: $17.088 million, a 15% increase from $14.821 million in 2024. - **Loss before Income Taxes and Non-controlling Interests**: - $14.146 million, an improvement of $18.7 million compared to 2024, including - $3.6 million in Debt Exchange Transaction expenses and - $7.5 million of loss from litigation settlement and related defense costs. - **Net Income Attributable to Altisource**: $1.615 million, a $37.3 million improvement compared to - $35.636 million in 2024, including a $17.7 million income tax benefit. #### Operational Costs and Expenses - **Cost of Revenue**: $122.065 million. - **Selling, General and Administrative Expenses**: $40.976 million. - **Litigation Settlement Loss**: $7.517 million. - **Interest Expense**: - $12.173 million. - **Debt Exchange Transaction Expenses**: - $3.646 million. #### Adjusted Earnings - **Adjusted EBITDA**: $18.311 million, a 5% increase from $17.387 million in 2024. - **Adjusted EBITDA Margin**: 11% of service revenue, down from 12% in 2024. - **Business Segments Adjusted EBITDA**: $47.582 million, a 7% increase from $44.607 million in 2024. #### Cash Flow and Liquidity - **Net Cash Used in Operating Activities**: - $5.065 million, compared to - $5.025 million in 2024. - **Net Cash Used in Operating Activities Less Additions to Premises and Equipment**: - $5.134 million, compared to - $5.028 million in 2024. - **Cash and Cash Equivalents**: $26.603 million at year-end. - **Net Debt**: $144.963 million as of December 31, 2025. ### Fourth Quarter 2025 Financial Performance #### Revenue and Profitability - **Service Revenue**: $39.909 million, a 4% increase from $38.450 million in Q4 2024. - **Gross Profit**: $11.211 million, a 10% decrease from $12.438 million in Q4 2024. - **Gross Profit Margin**: 28% of service revenue, down from 32% in Q4 2024. - **Loss from Operations**: - $6.580 million, compared to $0.584 million income in Q4 2024. - **Adjusted Operating Income**: $3.791 million, a 10% decrease from $4.234 million in Q4 2024. - **Loss before Income Taxes and Non-controlling Interests**: - $8.139 million, a 3% improvement compared to - $8.373 million in Q4 2024. - **Net Loss Attributable to Altisource**: - $7.227 million, an 18% improvement compared to - $8.769 million in Q4 2024. #### Operational Costs and Expenses - **Cost of Revenue**: $31.129 million. - **Selling, General and Administrative Expenses**: $10.274 million. - **Litigation Settlement Loss**: $7.517 million. - **Interest Expense**: - $2.252 million. #### Adjusted Earnings - **Adjusted EBITDA**: $4.046 million, a 15% decrease from $4.747 million in Q4 2024. - **Adjusted EBITDA Margin**: 10% of service revenue, down from 12% in Q4 2024. #### Cash Flow - **Net Cash Used in Operating Activities**: - $0.505 million, a 64% improvement from - $1.401 million in Q4 2024. - **Net Cash Used in Operating Activities Less Additions to Premises and Equipment**: - $0.525 million, a 63% improvement from - $1.401 million in Q4 2024. ### Unique Operational Metrics - **Sales Wins**: Fourth quarter sales wins are estimated to generate $13.2 million in stabilized annual revenue. Full year sales wins represent potential annualized service revenue of $20.6 million for the Servicer and Real Estate segment and $20.9 million for the Origination segment. - **Hubzu Inventory**: As of February 15, 2026, Foreclosure Auction Inventory increased by 154% to 10.1 (from 4.0 on September 30, 2025), REO Inventory - Customers other than Rithm increased by 230% to 2.4 (from 0.7), and Total Hubzu Inventory increased by 137% to 13.5 (from 5.7). - **Sales Pipeline**: Ended the quarter with a weighted average sales pipeline between $30.4 million and $38.0 million of potential estimated annual revenue on a stabilized basis. - **Industry Trends**: Industrywide foreclosure initiations were 25% higher in 2025 compared to 2024, and industrywide foreclosure sales were 17% higher. Industrywide mortgage origination unit volume increased by 19% in 2025 compared to 2024, driven by a 92% increase in refinance origination despite a 2% decline in purchase origination. ### Outlook / Guidance Altisource Portfolio Solutions S.A. forecasts 2026 Service revenue to be between $165 million and $185 million, representing 8.5% growth over 2025 at the midpoint. The company expects Adjusted EBITDA to be between $15 million and $20 million. Furthermore, Altisource anticipates positive operating cash flow for 2026. ### Related Stocks - [ASPSZ.US](https://longbridge.com/en/quote/ASPSZ.US.md) ## Related News & Research - [PepsiCo Hasn't Been This Cheap Relative to Free Cash Flow in 10 Years. 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