{"schema_version":"secwatch.filing_event.v1","accession":"0001462418-23-000025","form_type":"8-K","ticker":"ASPS","cik":"0001462418","company_name":"ALTISOURCE PORTFOLIO SOLUTIONS S.A.","filed_at":"2023-03-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.091724+00:00","generated_at":"2026-06-17T09:09:20.292446+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Altisource Q4 net loss $11.3M, FY revenue down 15% to $144.5M; adjusted EBITDA improves","bullets":["Full year 2022 service revenue $144.5M (-15% YoY); net loss attributable $53.4M vs income $11.8M in 2021.","Q4 2022 service revenue $32.8M (-11% YoY); net loss $11.3M vs income $70.6M in 2021 (prior year included $88.9M gain on Pointillist sale).","Adjusted EBITDA improved to $(16.6)M for FY 2022 from $(31.7)M in 2021; Q4 adjusted EBITDA $0.6M vs $(8.8M).","Reduced corporate costs by $31M in 2022; ended year with $51M cash and $196.2M net debt.","In Feb 2023, amended credit agreements to extend maturity to April 2025 (option to 2026) and raised ~$21M net from stock sale, using $20M to repay term loans."],"urls":{"canonical":"https://secwatch.observer/filing/0001462418-23-000025","json":"https://secwatch.observer/filing/0001462418-23-000025.json","markdown":"https://secwatch.observer/filing/0001462418-23-000025.md","text":"https://secwatch.observer/filing/0001462418-23-000025.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1462418/000146241823000025/0001462418-23-000025-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1462418/000146241823000025/asps-20230330.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T09:09:20.292446+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4fba43fc5b6c6b979c50a3e66fe974543ea31d6a","claim":"ALTISOURCE PORTFOLIO SOLUTIONS S.A. reported full year 2022 results: revenue $144.5 million, net income $(53.4) million, EPS (3.32).","evidence_excerpt":"to $25 million in estimated annual revenue on a stabilized basis based upon our forecasted probability of closing 2022 Financial Results Full Year 2022 • Service revenue of $144.5 million • Loss before income taxes and non-controlling interests of $(47.6) million • Net loss attributable to Altisource of $(53.4) million • Adjusted EBITDA (3) of $(16.6) million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1462418/000146241823000025/0001462418-23-000025-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year 2022"},{"label":"Revenue","value":"$144.5 million"},{"label":"Net income","value":"$(53.4) million"},{"label":"EPS","value":"(3.32)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"a9fe4f65d6755b5b1f2decaaa393a871ba1f8e5d","claim":"ALTISOURCE PORTFOLIO SOLUTIONS S.A. reported the quarter ended December 31, 2022 results: revenue $32.8 million, net income $(11.3) million, EPS (0.70).","evidence_excerpt":"interests of $(47.6) million • Net loss attributable to Altisource of $(53.4) million • Adjusted EBITDA (3) of $(16.6) million Fourth Quarter 2022 • Service revenue of $32.8 million • Loss before income taxes and non-controlling interests of $(8.2) million • Net loss attributable to Altisource of $(11.3) million • Adjusted EBITDA (3) of $0.6 million Fourth","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1462418/000146241823000025/0001462418-23-000025-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended December 31, 2022"},{"label":"Revenue","value":"$32.8 million"},{"label":"Net income","value":"$(11.3) million"},{"label":"EPS","value":"(0.70)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}