{"schema_version":"secwatch.filing_event.v1","accession":"0001462418-25-000074","form_type":"8-K","ticker":"ASPS","cik":"0001462418","company_name":"ALTISOURCE PORTFOLIO SOLUTIONS S.A.","filed_at":"2025-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.369309+00:00","generated_at":"2026-05-23T00:13:49.372972+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Altisource Q1 service revenue $40.9M (+11% YoY); Adj EBITDA $5.3M (+14%); debt exchange reduces debt by $73M","bullets":["Service revenue $40.9M, up 11% YoY; Adjusted EBITDA $5.3M, up 14% YoY; net loss $5.3M improved from $9.2M in Q1 2024.","On Feb 19, exchanged $232.8M senior secured loans for $160M new first lien loan + 58.2M shares; issued warrants for 114.5M shares at $1.20.","Closed $12.5M super senior credit facility for transaction costs and general corporate purposes.","Foreclosure initiations up 25% YoY; foreclosure sales down 2% YoY; mortgage origination volume down 1% YoY.","Generated sales wins with estimated potential annualized service revenue of $9.4M combined for Servicer/Real Estate and Origination segments."],"urls":{"canonical":"https://secwatch.observer/filing/0001462418-25-000074","json":"https://secwatch.observer/filing/0001462418-25-000074.json","markdown":"https://secwatch.observer/filing/0001462418-25-000074.md","text":"https://secwatch.observer/filing/0001462418-25-000074.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1462418/000146241825000074/0001462418-25-000074-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1462418/000146241825000074/asps-20250501.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T00:13:49.372972+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}