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.
In the Origination Solutions segment, the company’s Lenders One cooperative reported robust sales momentum, signing contracts with six new U.S. mortgage lenders.
Altisource concluded the year with a focused effort on debt management and cost-efficiency.
The company’s move toward a leaner operating model helped offset a broader industry trend of slower annualized growth rates.
With a current market capitalization of approximately $84 million, the company remains focused on closing the valuation gap relative to its industry peers.