Altisource Portfolio Solutions vs Heritage Global
Altisource Portfolio Solutions is the larger business, with $171m of revenue in fiscal 2025 against $51.0m for Heritage Global (3.4 times as much). Heritage Global grew faster (12.4% against 6.8%). Heritage Global kept more of each dollar of sales as profit: a net margin of 7.0% against 0.9%.
| Latest fiscal year | Altisource Portfolio SolutionsASPS, 2025 | Heritage GlobalHGBL, 2025 |
|---|---|---|
| Revenue | $171m | $51.0m |
| Revenue growth | 6.8% | 12.4% |
| Net income | $1.6m | $3.6m |
| Operating margin | 0.2% | 11.2% |
| Net margin | 0.9% | 7.0% |
| Return on equity | — | 5.4% |
| Free cash flow | −$5.1m | −$2.3m |
| Cash | $26.6m | $20.5m |
| Total debt | $191m | $4.1m |
| Debt to equity | — | 6.1% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $2.6m |
| Employees | — | 84 |
| Market value | $66.2m | $44.0m |
| Price vs our value range | Within our value range | Within our value range |
| Moat score | 12 (Weak) | 66 (Moderate) |
| Insider trades, 12 months | 7 buys, 0 sales | 5 buys, 10 sales |