Altisource Portfolio | 10-Q: FY2025 Q3 Revenue: USD 41.91 M

Revenue: As of FY2025 Q3, the actual value is USD 41.91 M.

EPS: As of FY2025 Q3, the actual value is USD -0.22.

EBIT: As of FY2025 Q3, the actual value is USD 2.646 M.

Revenue: $31.2 million for Q3 2025, an increase of 3% from $30.4 million in Q3 2024. For the nine months ended September 30, 2025, revenue was $96.0 million, an 8% increase from $88.5 million in the same period in 2024.
Cost of Revenue: $22.0 million for Q3 2025, a 7% increase from $20.5 million in Q3 2024. For the nine months ended September 30, 2025, cost of revenue was $65.7 million, a 13% increase from $58.4 million in the same period in 2024.
Gross Profit: $11.3 million for Q3 2025, representing 36% of service revenue, compared to $12.0 million, representing 40% of service revenue in Q3 2024. For the nine months ended September 30, 2025, gross profit was $36.9 million, representing 38% of service revenue, compared to $36.8 million, representing 42% of service revenue in the same period in 2024.
Selling, General and Administrative Expenses: $2.3 million for Q3 2025, a 27% decrease from $3.2 million in Q3 2024. For the nine months ended September 30, 2025, SG&A expenses were $5.7 million, a 34% decrease from $8.7 million in the same period in 2024.
Income from Operations: $8.9 million for Q3 2025, representing 29% of service revenue, compared to $8.8 million, representing 29% of service revenue in Q3 2024. For the nine months ended September 30, 2025, income from operations was $31.2 million, representing 32% of service revenue, compared to $28.1 million, representing 32% of service revenue in the same period in 2024.

Revenue: $8.5 million for Q3 2025, a 9% increase from $7.8 million in Q3 2024. For the nine months ended September 30, 2025, revenue was $25.4 million, an 8% increase from $23.4 million in the same period in 2024.
Cost of Revenue: $7.0 million for Q3 2025, an 11% increase from $6.3 million in Q3 2024. For the nine months ended September 30, 2025, cost of revenue was $20.5 million, a 9% increase from $18.8 million in the same period in 2024.
Gross Profit: $1.7 million for Q3 2025, representing 20% of service revenue, compared to $1.7 million, representing 22% of service revenue in Q3 2024. For the nine months ended September 30, 2025, gross profit was $5.6 million, representing 22% of service revenue, compared to $5.1 million, representing 22% of service revenue in the same period in 2024.
Selling, General and Administrative Expenses: $2.0 million for Q3 2025, a 54% increase from $1.3 million in Q3 2024. For the nine months ended September 30, 2025, SG&A expenses were $5.5 million, a 9% increase from $5.0 million in the same period in 2024.
Income (Loss) from Operations: -$0.4 million for Q3 2025, compared to $0.3 million in Q3 2024. For the nine months ended September 30, 2025, income from operations was $0.1 million, compared to $0.1 million in the same period in 2024.

Total Other Income (Expense), Net: -$2.2 million for Q3 2025, compared to -$9.6 million in Q3 2024. For the nine months ended September 30, 2025, total other income (expense), net was -$13.0 million, compared to -$27.1 million in the same period in 2024.

Core Business Focus: Altisource aims to become the premier provider of mortgage and real estate marketplaces and related technology-enabled solutions. The company is focused on gaining market share in existing solutions and launching new solutions with its existing customer base while attracting new customers.
Non-Core Business: The company is evaluating its strategy and core businesses to provide long-term value to customers and shareholders, considering the current state of the economy, interest rate environment, housing supply, and other macro-economic trends.