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Altisource Portfolio Solutions (Altisource Portfolio Solutions) Operating Income : $-16.8 Mil (TTM As of Dec. 2023)


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What is Altisource Portfolio Solutions Operating Income?

Altisource Portfolio Solutions's Operating Income for the three months ended in Dec. 2023 was $-2.8 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-16.8 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Altisource Portfolio Solutions's Operating Income for the three months ended in Dec. 2023 was $-2.8 Mil. Altisource Portfolio Solutions's Revenue for the three months ended in Dec. 2023 was $34.2 Mil. Therefore, Altisource Portfolio Solutions's Operating Margin % for the quarter that ended in Dec. 2023 was -8.27%.

Altisource Portfolio Solutions's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Altisource Portfolio Solutions's annualized ROC % for the quarter that ended in Dec. 2023 was -11.64%. Altisource Portfolio Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -176.48%.


Altisource Portfolio Solutions Operating Income Historical Data

The historical data trend for Altisource Portfolio Solutions's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Altisource Portfolio Solutions Operating Income Chart

Altisource Portfolio Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.32 -32.38 -59.96 -32.94 -16.77

Altisource Portfolio Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.59 -3.59 -6.81 -3.55 -2.82

Altisource Portfolio Solutions Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-16.8 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Altisource Portfolio Solutions  (NAS:ASPS) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Altisource Portfolio Solutions's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-11.296 * ( 1 - -9.44% )/( (107.4 + 104.99)/ 2 )
=-12.3623424/106.195
=-11.64 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Altisource Portfolio Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-9.604/( ( (5.796 + max(-13.945, 0)) + (5.088 + max(-13.353, 0)) )/ 2 )
=-9.604/( ( 5.796 + 5.088 )/ 2 )
=-9.604/5.442
=-176.48 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.386 + 0 + 10.707) - (31.032 + 3.303 + 0.703)
=-13.945

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.826 + 0 + 11.011) - (30.088 + 3.195 + 0.907)
=-13.353

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Altisource Portfolio Solutions's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-2.824/34.157
=-8.27 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Altisource Portfolio Solutions Operating Income Related Terms

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Altisource Portfolio Solutions (Altisource Portfolio Solutions) Business Description

Traded in Other Exchanges
N/A
Address
33, Boulevard Prince Henri, Luxembourg, LUX, L-1724
Altisource Portfolio Solutions SA is an integrated service provider and marketplace for the real estate and mortgage industries. It operates via two reportable segment namely Servicer and Real Estate and Origination. The Servicer and Real Estate segment provides loan servicers and real estate investors with solutions and technologies that span the mortgage and real estate lifecycle. The Origination segment provides originators with solutions and technologies that span the mortgage origination lifecycle. Altisource primarily serves financial institutions, government-sponsored enterprises, and originators in the United States, with the majority of revenue flowing from field services and mortgage and real estate solutions.
Executives
Aldridge John G Jr director C/O ALTISOURCE PORTFOLIO SOLUTIONS S.A., 33, BOULEVARD PRINCE HENRI, LUXEMBOURG CITY N4 L-1724
Michelle D. Esterman officer: Chief Financial Officer C/O ALTISOURCE PORTFOLIO SOLUTIONS S.A., 33, BOULEVARD PRINCE HENRI, LUXEMBOURG N4 L-1724
William B Shepro director, officer: Chief Executive Officer C/O ALTISOURCE PORTFOLIO SOLUTIONS S.A., 33, BOULEVARD PRINCE HENRI, LUXEMBOURG N4 L-1724
Deer Park Road Management Company, Lp 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
Mary Hickok director 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
Roland Mueller-ineichen director GAALIMATT 35, RAIN V8 CH-6026
Gregory J. Ritts officer: General Counsel C/O ALTISOURCE PORTFOLIO SOLUTIONS S.A., 33, BOULEVARD PRINCE HENRI, LUXEMBOURG N4 L-1724
W Michael Linn director 40, AVENUE MONTEREY, LUXEMBOURG N4 L-2163
Marcello Mastioni officer: PRES, REAL ESTATE MARKETPLACE 40, AVENUE MONTEREY, LUXEMBOURG CITY N4 L-2163
Scott Edward Burg 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
Agatecreek Llc 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
Indroneel Chatterjee officer: Chief Financial Officer 40, AVENUE MONTEREY, LUXEMBOURG CITY N4 L-2163
Orin S Kramer director 2050 CENTER AVE, SUITE 300, FORT LEE NJ 07024
Joseph L Morettini director 1375 PORTMARNOCK DRIVE, ALPHARETTA GA 30005
Deer Park Road Management Gp, Llc 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487