---
schema_version: "secwatch.filing_event.v1"
accession: "0001462418-24-000020"
form_type: "8-K"
ticker: "ASPS"
cik: "0001462418"
company_name: "ALTISOURCE PORTFOLIO SOLUTIONS S.A."
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T07:49:11.512741+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Altisource Q1 2024: Service revenue $36.9M, Adj. EBITDA $4.6M best since Q3 2020

## Summary
- Service revenue of $36.9M; gross profit margin 33.4% vs 22.9% YoY.
- Adjusted EBITDA $4.6M vs $1.5M YoY; margin 12.6% vs 4.0%.
- Net loss attributable to Altisource $(9.2)M; diluted loss per share $(0.33).
- Sales wins estimated $6.3M annualized Servicer/Real Estate, $4.2M Origination.
- Q1 2024 Adj. EBITDA includes $0.6M net non-recurring gains; ended cash $29.6M, net debt $196.6M.

## SEC filing metadata
- accession: 0001462418-24-000020
- form_type: 8-K
- ticker: ASPS
- cik: 0001462418
- company_name: ALTISOURCE PORTFOLIO SOLUTIONS S.A.
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1462418/000146241824000020/0001462418-24-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1462418/000146241824000020/asps-20240425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001462418-24-000020
- JSON: https://secwatch.observer/filing/0001462418-24-000020.json
- Plain text: https://secwatch.observer/filing/0001462418-24-000020.txt

## Key facts
- Earnings Releases
  ALTISOURCE PORTFOLIO SOLUTIONS S.A. reported first quarter 2024 results: revenue $39.5 million, net income Net loss attributable to Altisource of $(9.2) million, EPS Diluted loss per share (0.33).
  - Period: first quarter 2024
  - Revenue: $39.5 million
  - Net income: Net loss attributable to Altisource of $(9.2) million
  - EPS: Diluted loss per share (0.33)
  - Result: reported results
  source text: Revenue of $39.5 million was the same as the first quarter 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1462418/000146241824000020/0001462418-24-000020-index.htm

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