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Side-by-side financial comparison of ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS) and i3 Verticals, Inc. (IIIV). Click either name above to swap in a different company.

i3 Verticals, Inc. is the larger business by last-quarter revenue ($52.7M vs $42.3M, roughly 1.2× ALTISOURCE PORTFOLIO SOLUTIONS S.A.). i3 Verticals, Inc. runs the higher net margin — 0.9% vs -16.8%, a 17.8% gap on every dollar of revenue. On growth, ALTISOURCE PORTFOLIO SOLUTIONS S.A. posted the faster year-over-year revenue change (3.2% vs -14.6%). i3 Verticals, Inc. produced more free cash flow last quarter ($13.8M vs $-525.0K). Over the past eight quarters, ALTISOURCE PORTFOLIO SOLUTIONS S.A.'s revenue compounded faster (3.6% CAGR vs -4.7%).

Altisource Portfolio Solutions S.A. is a global provider of integrated technology, data and operational services for the mortgage, real estate and consumer finance sectors. It serves lenders, servicers and investors, offering solutions that streamline asset management and residential property transaction workflows to boost operational efficiency.

The Prusa i3 is a family of fused filament fabrication 3D printers, manufactured by Czech company Prusa Research under the trademarked name Original Prusa i3. Part of the RepRap project, Prusa i3 printers were called the most used 3D printer in the world in 2016. The first Prusa i3 was designed by Josef Průša in 2012, and was released as a commercial kit product in 2015. The latest model is available in both kit and factory assembled versions. The Prusa i3's comparable low cost and ease of co...

ASPS vs IIIV — Head-to-Head

Bigger by revenue
IIIV
IIIV
1.2× larger
IIIV
$52.7M
$42.3M
ASPS
Growing faster (revenue YoY)
ASPS
ASPS
+17.9% gap
ASPS
3.2%
-14.6%
IIIV
Higher net margin
IIIV
IIIV
17.8% more per $
IIIV
0.9%
-16.8%
ASPS
More free cash flow
IIIV
IIIV
$14.3M more FCF
IIIV
$13.8M
$-525.0K
ASPS
Faster 2-yr revenue CAGR
ASPS
ASPS
Annualised
ASPS
3.6%
-4.7%
IIIV

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ASPS
ASPS
IIIV
IIIV
Revenue
$42.3M
$52.7M
Net Profit
$-7.1M
$484.0K
Gross Margin
26.5%
Operating Margin
-15.5%
3.1%
Net Margin
-16.8%
0.9%
Revenue YoY
3.2%
-14.6%
Net Profit YoY
18.2%
-76.5%
EPS (diluted)
$-1.02
$0.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ASPS
ASPS
IIIV
IIIV
Q4 25
$42.3M
$52.7M
Q3 25
$41.9M
$46.0M
Q2 25
$43.3M
$51.9M
Q1 25
$43.4M
$63.1M
Q4 24
$41.0M
$52.2M
Q3 24
$40.5M
$32.0M
Q2 24
$39.1M
$46.2M
Q1 24
$39.5M
$58.0M
Net Profit
ASPS
ASPS
IIIV
IIIV
Q4 25
$-7.1M
$484.0K
Q3 25
$-2.3M
$3.1M
Q2 25
$16.7M
$12.9M
Q1 25
$-5.3M
$-154.0K
Q4 24
$-8.7M
$2.1M
Q3 24
$-9.3M
$117.9M
Q2 24
$-8.3M
$-7.5M
Q1 24
$-9.2M
$1.9M
Gross Margin
ASPS
ASPS
IIIV
IIIV
Q4 25
26.5%
Q3 25
27.1%
Q2 25
30.1%
Q1 25
30.7%
Q4 24
30.3%
Q3 24
29.8%
Q2 24
32.5%
Q1 24
31.2%
Operating Margin
ASPS
ASPS
IIIV
IIIV
Q4 25
-15.5%
3.1%
Q3 25
1.2%
3.2%
Q2 25
7.5%
-9.3%
Q1 25
7.5%
8.0%
Q4 24
1.4%
3.9%
Q3 24
2.7%
10.6%
Q2 24
5.3%
-2.8%
Q1 24
-1.4%
3.4%
Net Margin
ASPS
ASPS
IIIV
IIIV
Q4 25
-16.8%
0.9%
Q3 25
-5.5%
6.7%
Q2 25
38.5%
24.8%
Q1 25
-12.1%
-0.2%
Q4 24
-21.3%
3.9%
Q3 24
-23.0%
368.2%
Q2 24
-21.1%
-16.3%
Q1 24
-23.2%
3.2%
EPS (diluted)
ASPS
ASPS
IIIV
IIIV
Q4 25
$-1.02
$0.02
Q3 25
$-0.22
$0.14
Q2 25
$1.48
$0.50
Q1 25
$-0.09
$0.00
Q4 24
$-4.72
$0.08
Q3 24
$-2.61
$4.93
Q2 24
$-2.33
$-0.32
Q1 24
$-0.33
$0.08

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ASPS
ASPS
IIIV
IIIV
Cash + ST InvestmentsLiquidity on hand
$26.6M
$37.5M
Total DebtLower is stronger
$191.1M
Stockholders' EquityBook value
$-110.2M
$358.5M
Total Assets
$139.8M
$595.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASPS
ASPS
IIIV
IIIV
Q4 25
$26.6M
$37.5M
Q3 25
$28.6M
$66.7M
Q2 25
$30.0M
$55.5M
Q1 25
$30.8M
$7.7M
Q4 24
$29.8M
$85.6M
Q3 24
$28.3M
$86.5M
Q2 24
$29.7M
$9.7M
Q1 24
$29.6M
$3.1M
Total Debt
ASPS
ASPS
IIIV
IIIV
Q4 25
$191.1M
Q3 25
$192.5M
$0
Q2 25
$193.9M
$0
Q1 25
$195.0M
$12.0M
Q4 24
$230.5M
$26.2M
Q3 24
$26.2M
Q2 24
$374.1M
Q1 24
$369.6M
Stockholders' Equity
ASPS
ASPS
IIIV
IIIV
Q4 25
$-110.2M
$358.5M
Q3 25
$-104.2M
$389.6M
Q2 25
$-102.7M
$383.3M
Q1 25
$-119.8M
$385.2M
Q4 24
$-157.4M
$375.0M
Q3 24
$-149.4M
$379.7M
Q2 24
$-140.8M
$249.7M
Q1 24
$-133.3M
$249.3M
Total Assets
ASPS
ASPS
IIIV
IIIV
Q4 25
$139.8M
$595.9M
Q3 25
$139.9M
$638.4M
Q2 25
$142.9M
$623.3M
Q1 25
$145.7M
$646.4M
Q4 24
$143.6M
$726.2M
Q3 24
$144.5M
$730.7M
Q2 24
$146.6M
$861.7M
Q1 24
$148.9M
$625.8M
Debt / Equity
ASPS
ASPS
IIIV
IIIV
Q4 25
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.03×
Q4 24
0.07×
Q3 24
0.07×
Q2 24
1.50×
Q1 24
1.48×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ASPS
ASPS
IIIV
IIIV
Operating Cash FlowLast quarter
$-505.0K
$14.1M
Free Cash FlowOCF − Capex
$-525.0K
$13.8M
FCF MarginFCF / Revenue
-1.2%
26.2%
Capex IntensityCapex / Revenue
0.0%
0.6%
Cash ConversionOCF / Net Profit
29.18×
TTM Free Cash FlowTrailing 4 quarters
$-5.1M
$6.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASPS
ASPS
IIIV
IIIV
Q4 25
$-505.0K
$14.1M
Q3 25
$718.0K
$14.0M
Q2 25
$-306.0K
$7.4M
Q1 25
$-5.0M
$-27.1M
Q4 24
$-1.4M
$11.5M
Q3 24
$-1.6M
$15.1M
Q2 24
$180.0K
$8.1M
Q1 24
$-2.2M
$10.7M
Free Cash Flow
ASPS
ASPS
IIIV
IIIV
Q4 25
$-525.0K
$13.8M
Q3 25
$697.0K
$13.5M
Q2 25
$-309.0K
$6.8M
Q1 25
$-5.0M
$-27.6M
Q4 24
$-1.4M
$11.0M
Q3 24
$14.6M
Q2 24
$7.2M
Q1 24
$9.9M
FCF Margin
ASPS
ASPS
IIIV
IIIV
Q4 25
-1.2%
26.2%
Q3 25
1.7%
29.5%
Q2 25
-0.7%
13.1%
Q1 25
-11.5%
-43.8%
Q4 24
-3.4%
21.1%
Q3 24
45.6%
Q2 24
15.6%
Q1 24
17.1%
Capex Intensity
ASPS
ASPS
IIIV
IIIV
Q4 25
0.0%
0.6%
Q3 25
0.1%
0.9%
Q2 25
0.0%
1.0%
Q1 25
0.1%
0.8%
Q4 24
0.0%
0.9%
Q3 24
0.0%
1.7%
Q2 24
0.0%
1.9%
Q1 24
0.0%
1.4%
Cash Conversion
ASPS
ASPS
IIIV
IIIV
Q4 25
29.18×
Q3 25
4.52×
Q2 25
-0.02×
0.57×
Q1 25
Q4 24
5.59×
Q3 24
0.13×
Q2 24
Q1 24
5.72×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ASPS
ASPS

Services$39.9M94%
Revenue Relatedto Technology Platformsand Professional Services$2.4M6%

IIIV
IIIV

License And Service$35.7M68%
Proprietary Payments Revenue$14.5M27%
Other Revenue$2.5M5%

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