Altisource Portfolio Solutions (NASDAQ:ASPS) reported fiscal 2025 results on Wednesday, marking a return to full-year profitability as the company navigates a stabilizing residential real estate market.
The firm posted annual net income of $1.6 million, or 15 cents per share, on total revenue of $161.3 million—a pivot from the losses experienced in the previous fiscal year.
For the fourth quarter, the company reported a net loss of $7.2 million, or 66 cents per share.
However, after adjusting for amortization and non-recurring costs, Altisource generated an adjusted profit of 11 cents per share.
Adjusted revenue for the quarter stood at $39.9 million, compared to a reported $42.3 million.
The return to annual black ink was driven by strong execution across Altisource’s key business units.
The Hubzu online auction platform secured two major agreements during the fourth quarter, leading to a 137% increase in inventory since September.
This influx of listings is expected to ramp up revenue recognition throughout the first half of 2026.