Mike Grondahl

Rajiv Sharma

Robert Heimowitz

Ramin Kamali

Shachar Minkove

- Altisource Portfolio Solutions delivered **solid third-quarter 2025 performance**, with total company service revenue growing **4%** to **$39.7 million** compared to the third quarter of last year.  **[0001462418_2201346_1]** 
- The company improved its loss before income taxes by **$6.8 million** to a pre-tax loss of **$1.7 million** in Q3 2025, primarily due to lower interest expense, and operating cash flow improved by **$2.3 million** compared to the prior year.  **[0001462418_2201346_1]** 
- Adjusted EBITDA remained flat at **$3.6 million**, with business segments generating **$10.9 million** and the corporate segment incurring a **$7.3 million** loss.  **[0001462418_2201346_1]** 
- Altisource secured significant new sales wins, including an estimated **$3.2 million** in annual service revenue for the service earning real estate segment and **$11.2 million** for the origination segment on an annualized stabilized basis.  **[0001462418_2201346_1]** **[0001462418_2201346_2]** 
- The company observed an increase in foreclosure starts (**19%**) and sales (**10%**) for the eight months ended August 2025 compared to the prior year, alongside a weakening real estate market.  **[0001462418_2201346_2]**

Altisource Portfolio Solutions Reports Solid Q3 2025 Performance

- Altisource Portfolio Solutions reported solid Q3 2025 performance, with **total service revenue growing 4% to $39.7 million** and improvements in pre- and post-tax GAAP earnings, GAAP EPS, and cash flow from operations compared to Q3 2024.  **[0001462418_2201474_1]** 
- The company's pre-tax loss improved by **$6.8 million** to **$1.7 million** in Q3 2025, primarily due to lower interest expense, and operating cash flow improved by **$2.3 million** compared to the prior year.  **[0001462418_2201474_1]** 
- Service revenue for the Service Earning Real Estate segment increased **3% to $31.2 million**, and for the Origination segment, it grew **9% to $8.5 million** in Q3 2025 compared to Q3 2024.  **[0001462418_2201474_1]** **[0001462418_2201474_2]** 
- Altisource secured new business wins estimated to generate **$3.2 million** in annual service revenue for the Service Earning Real Estate segment and **$11.2 million** for the Origination segment on a stabilized basis in Q3 2025.  **[0001462418_2201474_1]** **[0001462418_2201474_2]** 
- The company observed increasing foreclosure starts (**up 19%**) and sales (**up 10%**) for the 8 months ended August 2025, a weakening real estate market, and a projected **18% increase** in mortgage origination volume for full-year 2025.  **[0001462418_2201474_2]**

ALTISOURCE PORTFOLIO SOLUTIONS (ASPS)