Altisource portfolio solutions s.a. (ASPS)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Revenue from Contract with Customer, Excluding Assessed Tax

121,444

140,688

141,493

196,535

169,935

217,633

204,575

218,556

197,438

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of Goods and Services Sold

94,581

105,494

110,906

152,641

124,215

164,185

147,580

163,206

147,194

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenue

-

-

-

-

-

-

-

-

-

-

234,979

250,685

240,483

-

252,745

255,799

250,132

269,887

272,776

268,321

240,482

255,887

287,688

296,072

239,269

222,585

210,835

186,110

148,827

-

143,988

-

-

-

-

-

-

-

-

Revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

144,205

139,066

-

109,793

93,268

88,670

77,580

71,348

Cost of revenue

-

-

-

-

-

-

-

-

-

-

174,898

185,393

177,953

-

174,002

174,371

168,863

172,492

173,850

168,159

172,826

186,652

188,724

183,999

147,805

144,285

134,261

116,972

96,962

87,416

94,287

92,738

91,760

84,464

73,339

63,097

54,949

48,913

44,375

Gross profit

26,863

35,194

30,587

43,894

45,720

53,448

56,995

55,350

50,244

54,445

60,081

65,292

62,530

65,818

78,743

81,428

81,269

97,395

98,926

100,162

67,656

69,235

98,964

112,073

91,464

78,300

76,574

69,138

51,865

53,685

49,701

51,467

47,306

47,492

36,454

30,171

33,721

28,667

26,973

Operating expenses:
Selling, General and Administrative Expense

28,093

36,115

27,184

35,851

41,926

43,293

46,329

42,924

43,124

45,849

46,622

52,470

47,701

52,446

53,886

54,207

53,616

65,558

51,338

51,566

52,406

62,430

46,748

49,021

43,534

33,783

31,519

29,828

18,680

20,227

18,452

19,018

17,015

16,644

15,329

13,904

16,254

14,730

12,476

Gain on sale of businesses (Note 4)

-

-

17,600

-

-

-

13,688

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring Charges

2,925

5,000

2,761

1,899

4,420

8,124

3,436

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in the fair value of Equator Earn Out

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-7,591

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from operations

-4,155

-5,665

18,200

6,144

-626

2,031

20,918

12,426

7,120

8,596

13,459

12,822

14,829

-14,628

24,857

27,221

27,653

-39,948

47,588

56,187

15,250

7,256

52,216

63,052

47,930

44,517

45,055

39,310

33,185

33,458

31,249

32,449

30,291

30,848

21,125

16,267

17,467

13,937

14,497

Other income (expense), net:
Interest expense

4,716

5,534

3,357

6,550

5,952

6,639

6,725

7,027

5,863

5,391

5,599

5,465

5,798

5,931

5,952

5,988

6,541

6,812

7,041

7,195

7,160

7,323

6,480

4,784

4,776

5,989

6,188

4,902

3,212

1,171

10

14

15

-

-

-

-

-

-

Equity Securities, FV-NI, Gain (Loss)

-1,347

-

-2,294

11,787

2,238

-

1,782

1,533

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized gain (loss) on investment in equity securities (Note 5)

-

-

-

-

-

-

-

-

-7,501

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized gain (loss) on investment in equity securities (Note 4)

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on HLSS equity securities and dividends received, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,431

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other than temporary impairment loss on securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,285

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Nonoperating Income (Expense)

1,094

40

406

528

374

565

154

-3,861

1,272

-93

2,497

4,803

715

1,022

-109

2,744

-27

714

653

821

3

39

131

-43

47

28

-253

77

705

-688

-257

-307

-336

-

-

-

-

-

-

Total other income (expense), net

-4,969

-2,794

-5,245

5,765

-3,340

-14,860

-4,789

-9,355

-12,092

-5,484

-3,102

-662

-5,083

-4,909

-6,061

-3,244

-6,568

-4,244

-6,388

-4,943

-10,442

-7,284

-6,349

-4,827

-4,729

-5,961

-6,441

-4,825

-2,507

-1,859

-267

-321

-351

-91

-320

270

344

698

40

Loss before income taxes and non-controlling interests

-9,124

-8,459

12,955

11,909

-3,966

-12,829

16,129

3,071

-4,972

3,112

10,357

12,160

9,746

-19,537

18,796

23,977

21,085

-44,192

41,200

51,244

4,808

-28

45,867

58,225

43,201

-

38,614

34,485

-

-

-

-

-

-

-

-

-

-

-

Income before income taxes and non-controlling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

30,678

-

30,982

32,128

29,940

30,757

20,805

16,537

17,811

14,635

14,537

Income Tax Expense (Benefit)

2,421

297,626

5,379

16,513

-1,222

-1,961

6,608

816

-1,365

-283,871

2,591

2,438

2,586

127

7,324

3,291

2,193

159

3,303

4,398

400

878

2,752

3,493

3,055

2,313

1,659

2,417

2,151

245

2,898

2,776

2,819

2,566

1,843

1,847

1,687

2,751

-3,107

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-11,545

-306,085

7,576

-4,604

-2,744

-10,868

9,521

2,255

-3,607

286,983

7,766

9,722

7,160

-19,664

11,472

20,686

18,892

-44,351

37,897

46,846

4,408

-906

43,115

54,732

40,146

36,243

36,955

32,068

28,527

31,354

28,084

29,352

27,121

28,191

18,962

14,690

16,124

11,884

17,644

Net income attributable to non-controlling interests

105

21

411

1,240

440

617

854

687

525

633

805

687

615

720

883

692

398

745

851

896

710

629

828

631

515

727

947

1,137

1,009

1,061

1,060

1,271

1,892

2,460

1,791

1,305

1,299

2,052

1,297

Net Income (Loss) Available to Common Stockholders, Basic

-11,650

-306,106

7,165

-5,844

-3,184

-11,485

8,667

1,568

-4,132

286,350

6,961

9,035

6,545

-20,384

10,589

19,994

18,494

-45,096

37,046

45,950

3,698

-1,535

42,287

54,101

39,631

35,516

36,008

30,931

27,518

30,293

27,024

28,081

25,229

-

17,171

13,385

-

-

-

Earnings Per Share [Abstract]
Net income attributable to Altisource

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,825

9,832

16,347

Basic (in usd per share)

-0.75

-19.15

0.45

-0.36

-0.20

-0.68

0.51

0.09

-0.24

15.76

0.39

0.49

0.35

-1.10

0.57

1.08

0.98

-2.34

1.94

2.35

0.18

0.05

1.96

2.45

1.76

1.55

1.56

1.34

1.18

1.30

1.16

1.20

1.08

1.07

0.71

0.54

0.60

0.39

0.65

Diluted (in usd per share)

-0.75

-19.14

0.44

-0.36

-0.20

-0.66

0.49

0.09

-0.24

15.33

0.38

0.48

0.34

-1.02

0.54

1.02

0.92

-2.20

1.82

2.22

0.18

0.05

1.79

2.24

1.61

1.42

1.42

1.25

1.10

1.20

1.08

1.13

1.02

1.01

0.67

0.52

0.57

0.37

0.62

Weighted average shares outstanding:
Weighted Average Number of Shares Outstanding, Basic

15,497

15,561

15,897

16,214

16,292

16,739

17,033

17,142

17,378

17,712

18,023

18,335

18,662

18,777

18,715

18,437

18,855

19,182

19,091

19,571

20,172

20,276

21,626

22,089

22,509

22,728

23,025

23,161

23,374

23,397

23,338

23,316

23,381

23,681

24,341

24,625

24,845

25,318

25,226

Weighted Average Number of Shares Outstanding, Diluted

15,497

15,307

16,151

16,214

16,292

15,786

17,575

17,553

17,378

18,199

18,429

18,836

19,304

19,236

19,568

19,604

20,040

20,401

20,411

20,669

20,995

22,068

23,640

24,166

24,662

24,998

25,333

24,823

25,058

25,142

25,016

24,846

24,844

25,550

25,489

25,773

25,928

26,544

26,247

Comprehensive loss:
Reclassification of unrealized gain on investment in equity securities, net of income tax provision of $200, to retained earnings from the cumulative effect of an accounting change (Note 5)

-

-

0

-

-

0

0

0

-733

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized gain on investment in equity securities, net of income tax provision of $0, $0, $(921)

-

-

-

-

-

-

-

-

-

2,266

-5,530

-6,981

12,723

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized gain (loss) on securities, net of income tax benefit (provision) of $(921), $720, $0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,016

-7,871

699

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive loss, net of tax

-11,545

-306,085

7,576

-4,604

-2,744

-10,868

9,521

2,255

-4,340

289,249

2,236

2,741

19,883

-19,253

16,488

12,815

19,591

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive income attributable to non-controlling interests

105

21

411

1,240

440

617

854

687

525

633

805

687

615

720

883

692

398

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive income, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

37,897

46,846

4,408

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive income attributable to non-controlling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

851

896

710

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive loss attributable to Altisource

-11,650

-306,106

7,165

-5,844

-3,184

-11,485

8,667

1,568

-4,865

288,616

1,431

2,054

19,268

-19,973

15,605

12,123

19,193

-45,096

37,046

45,950

3,698

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

164,064

178,151

179,027

145,558

147,198

143,557

121,234

90,098

80,736

86,558

88,153

82,780

78,951

63,827

53,694

48,790

39,459

35,784

Cost of revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,706

11,062

9,554

7,288

-

5,045

5,087

-

-

-

-

-

-

-

-

-

-

-

Selling, general and administrative expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

196

267

-489

-242

-

613

-30

-

-

-

-

-

-

-

-

-

-

-

Selling, general and administrative expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

673

-

621

606

574

-

506

455

-

-

-

Other income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

773

-

-

-

-

-

-

-

-

-

-

Selling, general and administrative expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

391

223

264