Appointed
Mary Hickok
Director
ASPS ·
ALTISOURCE PORTFOLIO SOLUTIONS S.A.
On March 1, 2022, Ms. Mary Hickok was appointed to the Board to fill Mr. Burg’s vacancy
Ready 8-Ks
50
Latest filing
July 23, 2026, 7:04 AM ET
Top materiality
0.90
Event mix
other_material ×24 · earnings ×16 · debt ×6
Sentiment
15 pos · 4 neg · 31 neu
Latest earnings
reported 2026-Q2
Executive change
recent →
Recent 8-K filings for ASPS
Highest-materiality recent filing
Altisource enters debt restructuring: reduces debt $58M, extends maturity 5 years, grants 63.5% equity to lenders
- Reduces debt by $58M (25%) to $172.5M: up to $110M term loan, $50M exit fee, $12.5M super senior facility.
- Annual cash and PIK interest cut by ~$18M; maturity extended to April 30, 2030 from April 30, 2025.
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Altisource Q2 service revenue up 19% to $48.7M; net loss $0.6M, adjusted EBITDA $4.4M
Service revenue $48.7M (+19% YoY); gross profit margin 26% vs 32% in Q2 2025.
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Altisource shareholders approve all eight proposals at 2026 annual meeting
All six director nominees elected with >7.5M votes for each; broker non-votes ~789K.
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Altisource Q1 service revenue $45.1M (+10% YoY); net loss narrows to $0.6M
Service revenue $45.1M (+10% YoY); gross profit $13.1M, margin 29% (down from 33%).
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Full year 2025 Service revenue $161.3M (+7% YoY); net income attributable to Altisource $1.6M vs loss $35.6M in 2024.
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Altisource Hubzu inventory surges 137% to 13,500 assets; records $7.5M litigation settlement
Hubzu inventory grew approx. 137% to ~13,500 assets as of Feb 15, 2026, from 5,700 assets as of Sep 30, 2025.
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Altisource Q3 net loss narrows to $2.4M; service revenue up 4% to $39.7M
Service revenue $39.7M (+4% YoY); net loss attributable to Altisource $2.4M, improved from $9.4M loss in Q3 2024.
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Altisource shareholders approve 1-for-8 reverse stock split, effective May 28, 2025
Shareholders approved 1-for-8 reverse stock split at Extraordinary Meeting; outstanding shares to drop from ~88.95M to ~11.12M.
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Altisource Portfolio Solutions announces 1-for-8 reverse stock split to regain Nasdaq compliance
Effective 12:01 a.m. CET on May 28, 2025, shares consolidate at 1-for-8 ratio.
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Altisource warrants become exercisable after VWAP condition satisfied as of July 25, 2025
Warrants issued March 31, 2025, now exercisable per terms of Warrant Agent Agreement.
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Altisource Q2 2025 net income $16.6M vs loss; service revenue up 11% to $40.8M
Service revenue $40.8M (+11% YoY); net income attributable $16.6M vs ($8.3M) loss in Q2 2024.
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Altisource announces 1-for-8 reverse stock split effective May 28, 2025 to regain Nasdaq compliance
Reverse stock split at ratio 1-for-8 effective 12:01 a.m. CET on May 28, 2025.
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Altisource shareholders approve 8:1 reverse stock split; effective May 28
88,951,925 pre-split shares will consolidate into ~11.1M shares; ratio of 1 post-split for every 8 pre-split shares.
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Altisource Portfolio Solutions warrants approved for Nasdaq listing; trading starts May 7
Warrants distributed April 3, 2025 approved for listing on Nasdaq Global Select Market.
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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.
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Warrant distribution date is April 3, 2025; record date was Feb 14, 2025.
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Q4 service revenue $38.5M, up 19% YoY; Adjusted EBITDA $4.7M vs $0.2M in Q4 2023.
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Altisource Portfolio Solutions regains Nasdaq compliance for minimum public float rule
Received Nasdaq notice on March 12, 2025 confirming compliance with MVPHS minimum $15M listing rule.
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CEO William Shepro earned 429,303 RSUs but voluntarily reduced to 100,000, reallocating 329,303 to other employees.
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Altisource completes exchange of $232.8M term loans for new $160M facility and 58.2M shares
Lenders exchanged $232.8M of senior secured term loans for $160M new first lien loan ($110M interest-bearing + $50M exit fee) and 58.2M common shares.
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Altisource shareholders approve par value reduction and increase in authorized shares
Par value reduced from $1.00 to $0.01 per share; share capital decreased by $30.48M.
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Share capital decreased by $30.5M via par value reduction from $1.00 to $0.01 per share.
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Altisource proposes distribution of warrants to common stock holders; record date Feb 14, 2025
Record holders as of Feb 14, 2025 of common stock, RSUs, and $0.01 warrants to receive two types of warrants.
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CEO Shepro and CFO Esterman rescind voluntary stock-for-cash pay modification, effective Feb 1, 2025; full base salary in cash.
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Altisource receives Nasdaq deficiency notices for bid price and market value of public float
Closing bid price below $1.00 for 30 consecutive days; must regain compliance by June 17, 2025.
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Reduces debt by $58M (25%) to $172.5M: up to $110M term loan, $50M exit fee, $12.5M super senior facility.
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Altisource Q3 service revenue $38.2M, up 12% YoY; adjusted EBITDA $3.6M vs $0.9M
Service revenue $38.2M, up 11.8% YoY; gross profit margin improved to 31.6% from 21.1%.
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Altisource Q2 service rev $36.9M (+11% YoY); Adj EBITDA $4.4M vs ($3.5M) loss
Service revenue $36.9M, up 11% YoY; gross profit margin improved to 34.0% from 16.7%.
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Altisource shareholders approve all eight proposals, including 3.3M share increase for equity plan
All five director nominees elected with 89-95% votes cast in favor; no dissident slate.
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Altisource presents at B. Riley conference; no specific financial updates in filing
Company attending 2024 B. Riley Securities Institutional Investor Conference on May 22, 2024.
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Altisource Q1 2024: Service revenue $36.9M, Adj. EBITDA $4.6M best since Q3 2020
Service revenue of $36.9M; gross profit margin 33.4% vs 22.9% YoY.
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Altisource reports Q4 2023 net loss $13.2M; revenue down 2% YoY; guides 2024 revenue $155M–$180M
Full year 2023 service revenue $136.6M, down 5% YoY; net loss $56.3M ($2.51 diluted loss per share).
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Altisource makes Nov 2023 investor presentation available; filing lacks specific data
Company posted investor presentation on its website under Investor Relations.
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Altisource implements $13.5M annual cost reduction plan; CEO & CFO take 30% pay cut in stock swap
Company-wide cost reduction plan targets $13.5M annualized savings vs average Q2 2023 costs.
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Altisource Q3: service revenue $34.1M, net loss $11.3M; Adjusted EBITDA $0.9M, up $7.3M YoY
Service revenue $34.1M, down 6% YoY; net loss attributable $11.3M improved from $14.4M loss.
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Altisource closes public offering of 5.59M shares at $3.60, netting ~$18.3M
Closed underwritten public offering of 5,590,277 shares (incl. 729,166 from underwriters' option) at $3.60/share.
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Altisource to repay $10M of its senior secured term loan using equity offering proceeds
Repayment reduces annual interest expense by ~$3.4M at current rates.
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Altisource terminates $25M ATM sales agreement with Guggenheim; no shares sold
Terminated Sales Agreement with Guggenheim Securities effective Sept 17, 2023.
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Altisource prices $17.5M public offering of 4.86M shares at $3.60; net proceeds to repay $10M debt
Gross proceeds of $17.5M from 4,861,111 common shares at $3.60/share; net proceeds ~$15.8M after expenses.
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Altisource reports July Adj EBITDA $0.1M; guides Q3 $0-1M, FY positive
July prelim: revenue $12.0M, service rev $11.1M, net loss -$4.1M, Adj EBITDA $0.1M.
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Altisource announces proposed public offering of common stock; B. Riley Securities sole book-runner
Underwritten public offering of common stock commenced; size and terms not yet determined.
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Altisource Q2 net loss widens to $18.9M; service revenue down 12% YoY
Q2 service revenue $33.2M (down 12% YoY); net loss attributable to Altisource $(18.9)M vs $(15.5)M a year ago.
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Altisource presents at B. Riley conference with May 2023 investor deck; no material new data
Company attending 2023 B. Riley Securities Institutional Investor Conference on May 24-25.
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Altisource shareholders re-elect directors, approve share buyback renewal at annual meeting
All 12 proposals passed, including election of five directors (Aldridge, Hickok, Morettini, Müller-Ineichen, Shepro).
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Altisource Q1 adj. EBITDA turns positive to $1.5M; revenue flat at $37.1M
Adjusted EBITDA of $1.5M vs -$4.1M a year ago; net loss -$12.9M ($0.70 loss per share).
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Altisource Q4 net loss $11.3M, FY revenue down 15% to $144.5M; adjusted EBITDA improves
Full year 2022 service revenue $144.5M (-15% YoY); net loss attributable $53.4M vs income $11.8M in 2021.
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Altisource amends credit agreement, issues warrants, and makes $20M par paydown
Entered Amendment No. 2 to credit agreement; issued warrants to lenders for up to 3,223,851 shares at $0.01 exercise price.
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Altisource closes $21.2M public offering of 4.55M shares at $5.00/share
Closed underwritten offering of 4,550,000 shares at $5.00/share, generating net proceeds of ~$21.2M after underwriting discounts and expenses.
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Entered into Second Amendment to term loan, extending maturity to April 30, 2025, with possible extension to April 2026 if $30M+ par paydown.
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Altisource prices $20M public stock offering at $5.00/share, net proceeds ~$18.2M
4,000,000 shares at $5.00/share; gross proceeds $20M, net ~$18.2M after underwriting discounts and expenses.
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Altisource enters debt restructuring with 98% of lenders; Q4 Adj EBITDA turns positive at $0.6M
Lenders holding ~98% of existing term loans agreed to exchange for new first-lien loans due April 2025 (option to extend to April 2026 with conditions).
Executive changes
Departed
Scott E. Burg
Director
ASPS ·
ALTISOURCE PORTFOLIO SOLUTIONS S.A.
On March 1, 2022, Scott E. Burg notified Altisource Portfolio Solutions S.A. (the “Registrant” and together with its subsidiaries, the “Company”) of his intent to resign from the Board of Directors of the Registrant (the “Board”) effective immediately for personal reasons.
Earnings & guidance
Materiality & sentiment trend
Max materiality 0.90 · Median 0.65 · Most common event other_material