ALTISOURCE PORTFOLIO SOLUTIONS S.A.
For the period ended Jun 30, 2025. Filed Jul 24, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Jul 24, 2025
ASPS$5.71-2.5%Stored close · as of Nov 9, 2026
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Condensed Consolidated Balance Sheets
(in thousands, except per share data)
| June 30,2025 | December 31,2024 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $29,985 | $29,811 |
| Accounts receivable, net of allowance for credit losses of $2,575 and $3,124, respectively | 18,442 | 15,050 |
| Prepaid expenses and other current assets | 5,503 | 6,240 |
| Total current assets | 53,930 | 51,101 |
| Premises and equipment, net | 366 | 701 |
| Right-of-use assets under operating leases | 1,612 | 2,243 |
| Goodwill | 55,960 | 55,960 |
| Intangible assets, net | 18,928 | 21,468 |
| Deferred tax assets, net | 5,632 | 5,629 |
| Other assets | 6,513 | 6,504 |
| Total assets | $142,941 | $143,606 |
| LIABILITIES AND DEFICIT | ||
| Current liabilities: | ||
| Accounts payable and accrued expenses | $31,991 | $33,512 |
| Current portion of long-term debt | 1,225 | 230,544 |
| Deferred revenue | 3,401 | 3,979 |
| Other current liabilities | 3,507 | 3,238 |
| Total current liabilities | 40,124 | 271,273 |
| Long-term debt | 192,641 | — |
| Deferred tax liabilities, net | 9,098 | 9,028 |
| Other non-current liabilities | 3,008 | 20,016 |
| Commitments, contingencies and regulatory matters (Note 21) | ||
| Deficit: | ||
| Common stock ($0.01 par value; 250,000 shares authorized, 11,016 issued and 10,983 outstanding as of June 30, 2025; 3,745 issued and 3,403 outstanding as of December 31, 2024) | 110 | 37 |
| Additional paid-in capital | 255,228 | 211,523 |
| Accumulated deficit | (352,608) | (259,977) |
| Treasury stock, at cost (33 shares as of June 30, 2025 and 342 shares as of December 31, 2024) | (5,419) | (108,959) |
| Altisource deficit | (102,689) | (157,376) |
| Non-controlling interests | 759 | 665 |
| Total deficit | (101,930) | (156,711) |
| Total liabilities and deficit | $142,941 | $143,606 |
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