The earnings call reflects a generally positive outlook with significant improvements in service revenue and adjusted EBITDA, alongside strategic debt reduction and strong performance in key segments. However, challenges remain in the origination market and corporate segment losses.
Company Guidance
During the Altisource Portfolio Solutions First Quarter 2025 earnings call, the company reported strong financial performance, with service revenue growing 11% year-over-year to $40.9 million and adjusted EBITDA increasing by 14% to $5.3 million. The company highlighted the successful ramp-up of its renovation business and stronger foreclosure starts as key drivers of this growth. Additionally, the company completed a significant financial transaction that reduced long-term debt by over $60 million and decreased annual interest expenses by approximately $18 million. The Servicer and Real Estate segment saw a 13% increase in service revenue to $32.9 million and a 15% increase in adjusted EBITDA to $12 million, while the Origination segment reported a modest 3% growth in service revenue to $8 million. The company is optimistic about future growth potential, particularly in its countercyclical businesses, amid potential economic pressures that could increase mortgage delinquencies and foreclosures.
Service Revenue Growth
Total company service revenue grew by 11% to $40.9 million compared to the first quarter of 2024.
Adjusted EBITDA Increase
Adjusted EBITDA increased by 14% to $5.3 million, outpacing service revenue growth due to scale benefits and favorable revenue mix.
Balance Sheet Strengthening
Closed the exchange and maturity extension transaction, reducing long-term debt by over $60 million and interest expense by approximately $18 million per year.
Servicer and Real Estate Segment Performance
Service revenue in this segment increased by 13% to $32.9 million, with adjusted EBITDA rising by 15% to $12 million.
New Business Wins
Estimated $4.7 million in annual service revenue from new business wins in the Servicer and Real Estate segment.
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Altisource Portfolio Solutions SA (ASPS) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ASPS Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 01, 2025
$1.02
$1.02
0.00%
Mar 13, 2025
$0.75
$0.89
+18.67%
Oct 24, 2024
$1.39
$1.19
-14.39%
Jul 25, 2024
$1.28
$1.38
+7.81%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Altisource Portfolio Solutions SA (ASPS) report earnings?
Altisource Portfolio Solutions SA (ASPS) is schdueled to report earning on Jul 24, 2025, TBA Not Confirmed.
What is Altisource Portfolio Solutions SA (ASPS) earnings time?
Altisource Portfolio Solutions SA (ASPS) earnings time is at Jul 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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