{"schema_version":"secwatch.filing_event.v1","accession":"0001462418-23-000032","form_type":"8-K","ticker":"ASPS","cik":"0001462418","company_name":"ALTISOURCE PORTFOLIO SOLUTIONS S.A.","filed_at":"2023-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.936454+00:00","generated_at":"2026-06-16T08:46:24.367899+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Altisource Q1 adj. EBITDA turns positive to $1.5M; revenue flat at $37.1M","bullets":["Adjusted EBITDA of $1.5M vs -$4.1M a year ago; net loss -$12.9M ($0.70 loss per share).","Servicer & Real Estate segment revenue $29.8M (+10% YoY); gross margin 41% vs 32%.","Origination segment revenue $7.3M, first sequential growth in eight quarters (+16.5% QoQ).","Cash $43.1M; net debt $184.1M; raised $20.5M via stock sale, used $20M to repay term loans.","Debt maturities extended to April 2025 with option to April 2026 via credit agreement amendments."],"urls":{"canonical":"https://secwatch.observer/filing/0001462418-23-000032","json":"https://secwatch.observer/filing/0001462418-23-000032.json","markdown":"https://secwatch.observer/filing/0001462418-23-000032.md","text":"https://secwatch.observer/filing/0001462418-23-000032.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1462418/000146241823000032/0001462418-23-000032-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1462418/000146241823000032/asps-20230427.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T08:46:24.367899+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":"f8f8d65b952dac1fb1bf12a9f23609d07b6e5c88","claim":"ALTISOURCE PORTFOLIO SOLUTIONS S.A. reported first quarter 2023 results: revenue $37.1 million, net income Net loss attributable to Altisource of $(12.9) million.","evidence_excerpt":"$14.4 million and $3.4 million, respectively, of annualized revenue on a stabilized basis • The weighted sales pipeline in the Servicer and Real Estate segment represents $37 million to $46 million in estimated annual revenue on a stabilized basis based upon our forecasted probability of closing • The weighted sales pipeline in the Origination segment","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1462418/000146241823000032/0001462418-23-000032-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2023"},{"label":"Revenue","value":"$37.1 million"},{"label":"Net income","value":"Net loss attributable to Altisource of $(12.9) million"},{"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"}