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Side-by-side financial comparison of ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS) and Whitestone REIT (WSR). Click either name above to swap in a different company.

Whitestone REIT is the larger business by last-quarter revenue ($43.9M vs $42.3M, roughly 1.0× ALTISOURCE PORTFOLIO SOLUTIONS S.A.). Whitestone REIT runs the higher net margin — 52.0% vs -16.8%, a 68.9% gap on every dollar of revenue. On growth, Whitestone REIT posted the faster year-over-year revenue change (7.5% vs 3.2%). Whitestone REIT produced more free cash flow last quarter ($50.5M vs $-525.0K). Over the past eight quarters, Whitestone REIT's revenue compounded faster (8.7% CAGR vs 3.6%).

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.

Whitestone REIT is a publicly traded real estate investment trust that acquires, owns, manages and redevelops open-air community shopping centers, primarily located in high-growth metropolitan areas across the southwestern and southeastern United States. Its property portfolio is largely anchored by daily necessity, service-focused retail tenants that cater to regular local consumer demand.

ASPS vs WSR — Head-to-Head

Bigger by revenue
WSR
WSR
1.0× larger
WSR
$43.9M
$42.3M
ASPS
Growing faster (revenue YoY)
WSR
WSR
+4.3% gap
WSR
7.5%
3.2%
ASPS
Higher net margin
WSR
WSR
68.9% more per $
WSR
52.0%
-16.8%
ASPS
More free cash flow
WSR
WSR
$51.0M more FCF
WSR
$50.5M
$-525.0K
ASPS
Faster 2-yr revenue CAGR
WSR
WSR
Annualised
WSR
8.7%
3.6%
ASPS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ASPS
ASPS
WSR
WSR
Revenue
$42.3M
$43.9M
Net Profit
$-7.1M
$22.8M
Gross Margin
26.5%
Operating Margin
-15.5%
53.0%
Net Margin
-16.8%
52.0%
Revenue YoY
3.2%
7.5%
Net Profit YoY
18.2%
31.7%
EPS (diluted)
$-1.02
$0.43

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
WSR
WSR
Q4 25
$42.3M
$43.9M
Q3 25
$41.9M
$41.0M
Q2 25
$43.3M
$37.9M
Q1 25
$43.4M
$38.0M
Q4 24
$41.0M
$40.8M
Q3 24
$40.5M
$38.6M
Q2 24
$39.1M
$37.6M
Q1 24
$39.5M
$37.2M
Net Profit
ASPS
ASPS
WSR
WSR
Q4 25
$-7.1M
$22.8M
Q3 25
$-2.3M
$18.3M
Q2 25
$16.7M
$5.1M
Q1 25
$-5.3M
$3.7M
Q4 24
$-8.7M
$17.3M
Q3 24
$-9.3M
$7.6M
Q2 24
$-8.3M
$2.6M
Q1 24
$-9.2M
$9.3M
Gross Margin
ASPS
ASPS
WSR
WSR
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
WSR
WSR
Q4 25
-15.5%
53.0%
Q3 25
1.2%
45.5%
Q2 25
7.5%
13.8%
Q1 25
7.5%
10.2%
Q4 24
1.4%
43.3%
Q3 24
2.7%
20.3%
Q2 24
5.3%
7.2%
Q1 24
-1.4%
25.9%
Net Margin
ASPS
ASPS
WSR
WSR
Q4 25
-16.8%
52.0%
Q3 25
-5.5%
44.7%
Q2 25
38.5%
13.3%
Q1 25
-12.1%
9.7%
Q4 24
-21.3%
42.5%
Q3 24
-23.0%
19.7%
Q2 24
-21.1%
6.9%
Q1 24
-23.2%
25.1%
EPS (diluted)
ASPS
ASPS
WSR
WSR
Q4 25
$-1.02
$0.43
Q3 25
$-0.22
$0.35
Q2 25
$1.48
$0.10
Q1 25
$-0.09
$0.07
Q4 24
$-4.72
$0.34
Q3 24
$-2.61
$0.15
Q2 24
$-2.33
$0.05
Q1 24
$-0.33
$0.18

Balance Sheet & Financial Strength

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

Metric
ASPS
ASPS
WSR
WSR
Cash + ST InvestmentsLiquidity on hand
$26.6M
$4.9M
Total DebtLower is stronger
$191.1M
$649.4M
Stockholders' EquityBook value
$-110.2M
$458.1M
Total Assets
$139.8M
$1.2B
Debt / EquityLower = less leverage
1.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASPS
ASPS
WSR
WSR
Q4 25
$26.6M
$4.9M
Q3 25
$28.6M
$6.8M
Q2 25
$30.0M
$5.3M
Q1 25
$30.8M
$5.6M
Q4 24
$29.8M
$5.2M
Q3 24
$28.3M
$2.5M
Q2 24
$29.7M
$3.2M
Q1 24
$29.6M
$6.2M
Total Debt
ASPS
ASPS
WSR
WSR
Q4 25
$191.1M
$649.4M
Q3 25
$192.5M
Q2 25
$193.9M
Q1 25
$195.0M
Q4 24
$230.5M
$632.5M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ASPS
ASPS
WSR
WSR
Q4 25
$-110.2M
$458.1M
Q3 25
$-104.2M
$439.5M
Q2 25
$-102.7M
$427.5M
Q1 25
$-119.8M
$431.0M
Q4 24
$-157.4M
$438.2M
Q3 24
$-149.4M
$419.5M
Q2 24
$-140.8M
$418.3M
Q1 24
$-133.3M
$421.6M
Total Assets
ASPS
ASPS
WSR
WSR
Q4 25
$139.8M
$1.2B
Q3 25
$139.9M
$1.1B
Q2 25
$142.9M
$1.2B
Q1 25
$145.7M
$1.1B
Q4 24
$143.6M
$1.1B
Q3 24
$144.5M
$1.1B
Q2 24
$146.6M
$1.1B
Q1 24
$148.9M
$1.1B
Debt / Equity
ASPS
ASPS
WSR
WSR
Q4 25
1.42×
Q3 25
Q2 25
Q1 25
Q4 24
1.44×
Q3 24
Q2 24
Q1 24

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
WSR
WSR
Operating Cash FlowLast quarter
$-505.0K
$50.8M
Free Cash FlowOCF − Capex
$-525.0K
$50.5M
FCF MarginFCF / Revenue
-1.2%
114.9%
Capex IntensityCapex / Revenue
0.0%
0.7%
Cash ConversionOCF / Net Profit
2.22×
TTM Free Cash FlowTrailing 4 quarters
$-5.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASPS
ASPS
WSR
WSR
Q4 25
$-505.0K
$50.8M
Q3 25
$718.0K
$18.0M
Q2 25
$-306.0K
$13.8M
Q1 25
$-5.0M
$3.1M
Q4 24
$-1.4M
$58.2M
Q3 24
$-1.6M
$16.4M
Q2 24
$180.0K
$12.3M
Q1 24
$-2.2M
$11.5M
Free Cash Flow
ASPS
ASPS
WSR
WSR
Q4 25
$-525.0K
$50.5M
Q3 25
$697.0K
Q2 25
$-309.0K
Q1 25
$-5.0M
Q4 24
$-1.4M
$58.0M
Q3 24
Q2 24
Q1 24
FCF Margin
ASPS
ASPS
WSR
WSR
Q4 25
-1.2%
114.9%
Q3 25
1.7%
Q2 25
-0.7%
Q1 25
-11.5%
Q4 24
-3.4%
142.1%
Q3 24
Q2 24
Q1 24
Capex Intensity
ASPS
ASPS
WSR
WSR
Q4 25
0.0%
0.7%
Q3 25
0.1%
Q2 25
0.0%
Q1 25
0.1%
Q4 24
0.0%
0.5%
Q3 24
0.0%
Q2 24
0.0%
Q1 24
0.0%
Cash Conversion
ASPS
ASPS
WSR
WSR
Q4 25
2.22×
Q3 25
0.98×
Q2 25
-0.02×
2.74×
Q1 25
0.83×
Q4 24
3.36×
Q3 24
2.15×
Q2 24
4.73×
Q1 24
1.23×

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%

WSR
WSR

Segment breakdown not available.

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