---
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"
generated_at: "2026-05-23T00:13:49.372972+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Altisource Q1 service revenue $40.9M (+11% YoY); Adj EBITDA $5.3M (+14%); debt exchange reduces debt by $73M

## Summary
- 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.

## SEC filing metadata
- 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
- 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/1462418/000146241825000074/0001462418-25-000074-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1462418/000146241825000074/asps-20250501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001462418-25-000074
- JSON: https://secwatch.observer/filing/0001462418-25-000074.json
- Plain text: https://secwatch.observer/filing/0001462418-25-000074.txt

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