Filing Flows › Altisource Portfolio Solutions S.A. (ASPS) › Q1 2025
Altisource Portfolio Solutions S.A. (ASPS) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 1, 2025
Altisource Portfolio Solutions S.A. (ASPS) reported revenue of $43.4M for the first quarter 2025 (Q1 2025), +10% from a year earlier and +6% from the quarter before. Operating margin was 7.5%, net loss $5.3M (12.1% of revenue).
Altisource Portfolio Solutions S.A., Q1 2025: revenue $43.4M (+10% year over year), operating margin 7.5%, net loss $5.3M, operating cash flow −$5.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $43.4M | +6% | +10% |
| Operating profit | $3.2M | — | — |
| Net earnings | −$5.3M | — | — |
| Operating cash flow | −$5.0M | — | — |
What changed
Revenue was $43.4M in Q1 2025, up 10% year over year and up 6% from the previous quarter. Service revenue was the largest line at 94% of revenue. Service revenue added $4.0M year over year (up 11%), 101% of the total change. Reimbursable expenses declined 3%.
Gross margin was 30.7%, down 0.5 points from a year earlier. Operating profit was $3.2M, a 7.5% margin (up 8.9 points year over year). Operating expenses fell 22% while revenue rose 10%. The quarter ended with a net loss of $5.3M, narrower than the previous quarter's $8.7M loss. Net interest and other expense of $7.8M was the main reason.
Operating cash flow was −$5.0M. Non-cash charges added back $1.5M of depreciation and amortization and $1.1M of share-based compensation. Working capital and other items used $2.2M. Capital expenditures of $25K exceeded it, leaving free cash flow of −$5.0M.
Questions
What was Altisource Portfolio Solutions S.A.'s revenue in the first quarter 2025?
Altisource Portfolio Solutions S.A.
Was Altisource Portfolio Solutions S.A. profitable in the first quarter 2025?
Operating profit was $3.2M (7.5% of revenue) and net loss $5.3M.
Source: Altisource Portfolio Solutions S.A. 10-Q on SEC EDGAR.