Altisource Portfolio Solutions (NASDAQ:ASPS) Full Year 2024 Results

Key Financial Results

• Revenue: US$150.4m (up 3.6% from FY 2023).
• Net loss: US$35.6m (loss narrowed by 37% from FY 2023).
• US$1.25 loss per share (improved from US$2.51 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

The primary driver behind last 12 months revenue was the Servicer and Real Estate segment contributing a total revenue of US$120.0m (80% of total revenue). Notably, cost of sales worth US$110.6m amounted to 74% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$45.6m (61% of total expenses). Explore how ASPS's revenue and expenses shape its earnings.

Altisource Portfolio Solutions shares are up 16% from a week ago.

Risk Analysis

Before you take the next step you should know about the 5 warning signs for Altisource Portfolio Solutions (4 are a bit concerning!) that we have uncovered.

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