Altisource Portfolio Solutions SA

NASDAQ ASPS

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Altisource Portfolio Solutions SA Return on Net Assets (RONA) 1 year YoY Change (%) for the year ending December 31, 2023: -47.93%

Altisource Portfolio Solutions SA Return on Net Assets (RONA) 1 year YoY Change (%) is -47.93% for the year ending December 31, 2023, a 93.43% change year over year. Return on net assets measures the profitability of a company relative to its net assets, which include total non-current assets and working capital. It is calculated by dividing the net income by the sum of total non-current assets and working capital. This ratio indicates the return generated for each unit of net asset investment made by the company. A higher return on net assets suggests better profitability and efficient utilization of the company's asset base. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
  • Altisource Portfolio Solutions SA Return on Net Assets (RONA) for the year ending December 31, 2022 was -21.79%, a -729.14% change year over year.
  • Altisource Portfolio Solutions SA Return on Net Assets (RONA) for the year ending December 31, 2021 was 3.46%, a 115.37% change year over year.
  • Altisource Portfolio Solutions SA Return on Net Assets (RONA) for the year ending December 31, 2020 was -22.53%, a 64.51% change year over year.
  • Altisource Portfolio Solutions SA Return on Net Assets (RONA) for the year ending December 31, 2019 was -63.49%, a -9,795.99% change year over year.
NASDAQ: ASPS

Altisource Portfolio Solutions SA

CEO Mr. William B. Shepro
IPO Date Aug. 6, 2009
Location Luxembourg
Headquarters 33, Boulevard Prince Henri, Luxembourg City, Luxembourg, 1724
Employees 1,071
Sector Real Estate
Industry Real estate services
Description

Altisource Portfolio Solutions S.A. operates as an integrated service provider and marketplace for the real estate and mortgage industries in the United States and internationally. It operates through Servicer and Real Estate, and Origination segments. The Servicer and Real Estate segment offers property preservation, inspection, title insurance and settlement, real estate valuation, foreclosure trustee, and residential and commercial construction inspection and risk mitigation services. This segment provides Hubzu, an online real estate auction platform, as well as real estate auction, real estate brokerage, and asset management services; Equator, a software-as-a-service technology to manage real estate owned, short sales, foreclosure, bankruptcy, and eviction processes; a vendor invoicing and payment system; RentRange, a single and multi-family rental data, analytics, and rent-based valuation solution; REALSynergy, a commercial loan servicing platform; and NestRange, an automated residential valuation model and analytics solution. The Origination segment offers loan fulfillment, certification and certification insurance services, management services. In addition, it provides Lendors One Loan Automation, a marketplace to order services and a tool to automate components of the loan manufacturing process; TrelixAI, a technology to manage the workflow and automate components of the loan fulfillment, pre and post close quality, and service transfer processes; and ADMS, a document management and data analytics delivery platform. The company serves financial institutions, government-sponsored enterprises, banks, asset managers, servicers, investors, property management firms, real estate brokerages, insurance companies, mortgage bankers, originators, and correspondent and private money lenders. Altisource Portfolio Solutions S.A. was incorporated in 1999 and is headquartered in Luxembourg City, Luxembourg.

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September 19, 2024

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