Altisource Portfolio Solutions (ASPS) Operating Leases (2020 - 2024)

Altisource Portfolio Solutions (ASPS) has reported Operating Leases for 5 consecutive years, with $2.6 million the latest figure, recorded in Q3 2024.

• Quarterly Operating Leases fell 30.01% year-over-year to $2.6 million in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $2.6 million (down 30.01% YoY) and the FY2023 annual result came in at $2.0 million, down 42.15% from the prior year.
• Operating Leases eased to $2.6 million in Q3 2024 per ASPS's latest filing, from $2.7 million in the prior quarter.
• Over the last five years, Operating Leases for ASPS reached as high as $14.2 million in Q3 2021 and fell as low as $2.0 million in Q4 2023.
• A 5-year average of $6.1 million and a median of $5.0 million in 2021 frame the typical range for Operating Leases.
• Annual changes were most pronounced in 2021 — Operating Leases slumped 59.05% — and 2023, when it slipped 19.05%.
• Year by year, Operating Leases stood at $12.3 million in 2020, then sank by 59.05% to $5.0 million in 2021, then plunged by 32.97% to $3.4 million in 2022, then tumbled by 42.15% to $2.0 million in 2023, then jumped by 35.49% to $2.6 million in 2024.
• According to Business Quant data, Operating Leases over the past three periods registered $2.6 million, $2.7 million, and $3.1 million for Q3 2024, Q2 2024, and Q1 2024 respectively.