Altisource Portfolio Solutions (NASDAQ:ASPS) Full Year 2024 Results
Key Financial Results
- Revenue: US$150.4m (up 3.6% from FY 2023).
- Net loss: US$35.6m (loss narrowed by 37% from FY 2023).
- US$1.25 loss per share (improved from US$2.51 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
The primary driver behind last 12 months revenue was the Servicer and Real Estate segment contributing a total revenue of US$120.0m (80% of total revenue). Notably, cost of sales worth US$110.6m amounted to 74% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$45.6m (61% of total expenses). Explore how ASPS's revenue and expenses shape its earnings.
Altisource Portfolio Solutions shares are up 16% from a week ago.
Risk Analysis
Before you take the next step you should know about the 5 warning signs for Altisource Portfolio Solutions (4 are a bit concerning!) that we have uncovered.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.