---
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"
generated_at: "2026-06-17T09:09:20.292446+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Altisource Q4 net loss $11.3M, FY revenue down 15% to $144.5M; adjusted EBITDA improves

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001462418-23-000025
- JSON: https://secwatch.observer/filing/0001462418-23-000025.json
- Plain text: https://secwatch.observer/filing/0001462418-23-000025.txt

## Key facts
- Earnings Releases
  ALTISOURCE PORTFOLIO SOLUTIONS S.A. reported full year 2022 results: revenue $144.5 million, net income $(53.4) million, EPS (3.32).
  - Period: full year 2022
  - Revenue: $144.5 million
  - Net income: $(53.4) million
  - EPS: (3.32)
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1462418/000146241823000025/0001462418-23-000025-index.htm
- Earnings Releases
  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).
  - Period: the quarter ended December 31, 2022
  - Revenue: $32.8 million
  - Net income: $(11.3) million
  - EPS: (0.70)
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1462418/000146241823000025/0001462418-23-000025-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.