Altisource Portfolio Solutions SA (NASDAQ: ASPS) — Company Overview, News & Financial Data
Altisource Portfolio Solutions provides technology and services for the real estate and mortgage industries.
Altisource Portfolio Solutions SA
Altisource Portfolio Solutions SA (NASDAQ:ASPS) is a service provider concentrating on the real estate and mortgage industries. It offers technology and services aimed at improving the operations of its clients, including mortgage lenders and servicers, real estate agents, and investors. Altisource's project portfolio spans across mortgage servicing, property management, and real estate brokerage services. The company aims to streamline real estate and mortgage transactions, thereby enhancing efficiency and reducing costs for its clients. Through the application of technology, Altisource seeks to innovate and address the evolving needs of the real estate and mortgage markets.
Snapshot
Operations
Products and/or services of Altisource Portfolio Solutions SA
- Mortgage and real estate marketplace solutions, focusing on asset management, property sales, and technology services.
- Equator, an online real estate transaction platform designed to optimize the sale of foreclosed properties.
- Hubzu, an online auction platform facilitating the sale of residential properties.
- Owners.com, a technology-enabled real estate brokerage service for home buyers and sellers.
- REALSuite, a collection of software applications supporting mortgage servicing tasks, including default management and loss mitigation.
- Premium Title and Settlement services, offering title insurance and settlement services to facilitate real estate transactions.
Altisource Portfolio Solutions SA executive team
- William B. SheproChairman & CEO
- Michelle D. EstermanChief Financial Officer
Latest news about Altisource Portfolio Solutions SA
Key financials
Reported results for Altisource Portfolio Solutions SA, in USD.
- Market cap
- 62.9M
- Revenue (TTM)
- 192.5M
- P/E ratio
- —
- EPS (diluted, TTM)
- -1.0
- Dividend yield
- —
- Profit margin
- -5.1%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 171M | 7.9M | 1.6M | |
| 160.1M | 3.2M | -35.6M | |
| 145.1M | -16.8M | -56.3M | |
| 153.1M | -33.2M | -53.4M |