secwatch.observer — SEC 8-K summary
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Issuer:     ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS)
CIK:        0001462418
Form:       8-K
Filed at:   2025-03-13T23:59:59+00:00
Accession:  0001462418-25-000040
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Altisource Q4 service revenue $38.5M (+19% YoY); 2025 guidance implies 16% growth; debt exchange cuts interest
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- Q4 service revenue $38.5M, up 19% YoY; Adjusted EBITDA $4.7M vs $0.2M in Q4 2023.
- Full year 2024 service revenue $150.4M (+10% YoY); net loss improved to -$35.6M from -$56.3M.
- Guides 2025 service revenue $165-185M, Adjusted EBITDA $18-23M, midpoints up 16% and 18%.
- On Feb 19, exchanged $232.8M senior secured loans for $160M new loan + ~58.2M shares; annual interest reduced ~$18M.
- Ended 2024 with $29.8M cash; sales wins represent ~$39.4M annualized service revenue.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1462418/000146241825000040/0001462418-25-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1462418/000146241825000040/asps-20250313.htm
  HTML page:      https://secwatch.observer/filing/0001462418-25-000040

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer