Altisource Portfolio Solutions S.A. (ASPS) financial statements (2021 and earlier)
Company profile
Business Address |
40, AVENUE MONTEREY GRAND DUCHY OF LUXEMBOURG, 50 |
State of Incorp. | |
Fiscal Year End | December 31 |
SIC | 738 - Miscellaneous Business Services (benchmarking) |
More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 125 | 58 | 154 | 195 | 179 | 161 | 130 | ||
Cash and cash equivalents | 83 | 58 | 105 | 149 | 179 | 161 | 130 | ||
Short-term investments | 43 | 49 | 46 | ||||||
Receivables | 49 | 44 | 62 | 93 | 106 | 117 | 101 | ||
Prepaid expense | 4 | 7 | 8 | 7 | 8 | 7 | 4 | ||
Income taxes receivable | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 2 | ||
Deferred tax assets | ✕ | 5 | 3 | ||||||
Other current assets | 4 | 10 | 10 | 7 | 6 | 5 | 1 | ||
Other undisclosed current assets | 2 | 82 | 37 | 24 | 7 | 6 | 5 | ||
Total current assets: | 184 | 202 | 272 | 325 | 306 | 302 | 246 | ||
Noncurrent Assets | |||||||||
Operating lease, right-of-use asset | 29 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
Property, plant and equipment | 25 | 46 | 73 | 103 | 119 | 128 | 87 | ||
Long-term investments and receivables | 2 | ||||||||
Accounts and financing receivable, after allowance for credit loss | 2 | ||||||||
Intangible assets, net (including goodwill) | 135 | 173 | 206 | 242 | 280 | 336 | 374 | ||
Goodwill | 74 | 81 | 86 | 86 | 83 | 91 | 97 | ||
Intangible assets, net (excluding goodwill) | 61 | 92 | 120 | 155 | 197 | 245 | 276 | ||
Deposits noncurrent assets | 7 | 7 | |||||||
Restricted cash and investments | 3 | 2 | |||||||
Other noncurrent assets | 11 | 12 | 10 | 11 | 19 | 22 | 18 | ||
Deferred tax assets, net | ✕ | 4 | |||||||
Other undisclosed noncurrent assets | 2 | 307 | 304 | 7 | 0 | (10) | (8) | ||
Total noncurrent assets: | 201 | 540 | 594 | 364 | 422 | 486 | 479 | ||
Other undisclosed assets | (0) | ||||||||
TOTAL ASSETS: | 385 | 742 | 865 | 689 | 728 | 788 | 725 | ||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities, including: | 68 | 87 | 84 | 83 | 92 | 112 | 79 | ||
Accounts payable | 22 | 28 | 16 | 9 | 12 | 23 | 12 | ||
Accrued liabilities | 25 | 28 | 27 | 26 | 30 | 26 | 22 | ||
Employee-related liabilities | 19 | 31 | 41 | 48 | 47 | 44 | 30 | ||
Taxes payable | 2 | 0 | 0 | 0 | 3 | 8 | 11 | ||
Other undisclosed accounts payable and accrued liabilities | 12 | 5 | |||||||
Deferred revenue | 5 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
Debt | 6 | 6 | 6 | 11 | 8 | ||||
Deferred revenue and credits | ✕ | ✕ | 10 | 9 | 15 | 10 | 37 | ||
Contract with customer, liability | ✕ | 10 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
Other liabilities | 15 | 7 | 9 | 19 | 16 | 13 | 10 | ||
Other undisclosed current liabilities | 32 | (5) | (4) | ||||||
Total current liabilities: | 88 | 104 | 110 | 149 | 129 | 141 | 130 | ||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 288 | 331 | 403 | 468 | 528 | 583 | 391 | ||
Long-term debt, excluding current maturities | 288 | 331 | 403 | 468 | 528 | 583 | 391 | ||
Liabilities, other than long-term debt | 31 | 9 | 12 | 10 | 18 | 23 | 45 | ||
Deferred tax liabilities, net | ✕ | 3 | |||||||
Other liabilities | 31 | 9 | 12 | 10 | 18 | 21 | 45 | ||
Total noncurrent liabilities: | 319 | 341 | 416 | 478 | 547 | 606 | 437 | ||
Total liabilities: | 406 | 445 | 525 | 627 | 676 | 747 | 567 | ||
Stockholders' equity | |||||||||
Stockholders' equity attributable to parent | (23) | 295 | 339 | 61 | 51 | 40 | 157 | ||
Common stock | 25 | 25 | 25 | 25 | 25 | 25 | 25 | ||
Treasury stock, value | (454) | (443) | (427) | (404) | (440) | (444) | (198) | ||
Additional paid in capital | 134 | 123 | 112 | 107 | 96 | 92 | 89 | ||
Accumulated other comprehensive income (loss) | 1 | (2) | |||||||
Retained earnings | 272 | 591 | 627 | 334 | 369 | 368 | 240 | ||
Stockholders' equity attributable to noncontrolling interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||
Total stockholders' equity: | (21) | 297 | 340 | 62 | 52 | 41 | 158 | ||
TOTAL LIABILITIES AND EQUITY: | 385 | 742 | 865 | 689 | 728 | 788 | 725 |
Income statement (P&L) ($ in millions)
12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 649 | 838 | 942 | 997 | 1,051 | 1,079 | 768 | |
Revenue, net | ✕ | ✕ | 107 | 667 | 502 | |||
Cost of revenue (Cost of Goods and Services Sold) | (493) | (622) | (700) | (52) | (687) | (845) | (595) | |
Other undisclosed gross profit | (638) | 138 | 102 | |||||
Gross profit: | 155 | 216 | 242 | 307 | 364 | 372 | 276 | |
Operating expenses | (137) | (174) | (193) | (36) | (221) | (284) | (137) | |
Other undisclosed operating income (loss) | (64) | 83 | 23 | |||||
Operating income: | 18 | 42 | 50 | 271 | 79 | 170 | 162 | |
Nonoperating income (expense) | (6) | (41) | (14) | 2 | (26) | (23) | (20) | |
Investment income, nonoperating | 2 | |||||||
Other nonoperating income (expense) | 1 | (2) | 8 | 4 | 0 | 1 | ||
Interest and debt expense | (21) | (26) | 6 | (24) | 4 | (23) | (20) | |
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 21 | 26 | (6) | (204) | (4) | 23 | 20 | |
Income from continuing operations before income taxes: | 12 | 1 | 35 | 44 | 53 | 147 | 142 | |
Income tax expense (benefit) | (318) | (4) | 276 | (8) | (10) | (9) | ||
Net income (loss): | (306) | (3) | 312 | 44 | 45 | 137 | 134 | |
Net loss attributable to noncontrolling interest | (2) | (3) | (3) | (3) | (3) | (3) | (4) | |
Net income (loss) attributable to parent: | (308) | (5) | 309 | 42 | 42 | 134 | 130 | |
Other undisclosed net loss available to common stockholders, basic | (13) | |||||||
Net income (loss) available to common stockholders, diluted: | (308) | (5) | 309 | 29 | 42 | 134 | 130 |
Comprehensive Income ($ in millions)
12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
---|---|---|---|---|---|---|---|---|
Net income (loss): | (306) | (3) | 312 | 44 | 45 | 137 | 134 | |
Other comprehensive income | 1 | 30 | ||||||
Other undisclosed comprehensive income (loss) | (1) | 2 | ||||||
Comprehensive income (loss): | (306) | (3) | 314 | 74 | 45 | 137 | 134 | |
Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (2) | (3) | (3) | (5) | (3) | (3) | 4 | |
Other undisclosed comprehensive loss, net of tax, attributable to parent | (42) | |||||||
Comprehensive income (loss), net of tax, attributable to parent: | (308) | (6) | 311 | 27 | 42 | 134 | 138 |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.