ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: April 23, 2026

Risk Assessment Details

Potential Dilution: 1221.14% of current shares
Recent Dilution: 207.21% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
11M
Potential Supply
140M
Additional shares possible
Splits
None
Past 2 years

Summary

ASPS currently has 11.1M outstanding shares. with significant dilution risk as 136M authorized shares could dilute existing holders by 1221.1%. The company has significantly diluted shareholders by 207.21% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Apr 23, 2026

10-Q filing | 11.1M shares outstanding

11M 140M
Oct 24, 2025

S-3 filing: This prospectus relates to the resale by the investors listed in the section of this prospectus entitled "Selling Stockholders" of up to 7,224,028 shares of our common stock.

11M 140M
Oct 23, 2025

10-Q filing | 11.0M shares outstanding

11M 130M
Jul 24, 2025

10-Q filing | 11.0M shares outstanding

11M 130M
May 01, 2025

10-Q filing | 87.6M shares outstanding

88M 52M
Apr 25, 2025

S-1/A filing: This S-1/A filing relates to the issuance and sale of up to 114,499,134 shares of common stock of Altisource Portfolio Solutions S.A. upon the exercise of cash and cashless warrants that were issued on April 3, 2025.

88M 52M
Apr 10, 2025

S-1/A filing: Altisource Portfolio Solutions S.A. is issuing up to 114,499,134 shares of common stock upon the exercise of warrants issued on April 3, 2025, including Cash Exercise Stakeholder Warrants and Net Settle Stakeholder Warrants, to existing security holders.

88M 29M
Apr 02, 2025

8-K filing: Altisource Portfolio Solutions S.A. is proceeding with a warrant distribution to stakeholders, issuing Cash Exercise Stakeholder Warrants and Net Settle Stakeholder Warrants, each entitling the holder to purchase 1.625 shares of Common Stock at an Exercise Price of $1.95 per Warrant.

88M 29M
Mar 31, 2025

10-K filing | 87.6M shares outstanding

88M 29M
Feb 25, 2025

8-K filing: Altisource entered into an exchange agreement with lenders to exchange approximately $72.8 million of Existing Term Loan Obligations for 58,167,018 shares of Altisource's common stock.

29M 88M
Jan 31, 2025

S-1 filing: This S-1 filing relates to the issuance and sale of up to 115,000,000 shares of common stock of Altisource Portfolio Solutions S.A. upon the exercise of cash and cashless warrants.

29M 88M
Dec 17, 2024

8-K filing: Altisource Portfolio Solutions S.A. entered into a transaction support agreement with certain term loan lenders, involving a proposed exchange, amendment, and maturity extension transaction of the Company's Existing Term Loans and the issuance of approximately 57.9 million common shares to lenders under a new facility, representing 63.5% of the pro forma outstanding shares.

29M 0
Oct 24, 2024

10-Q filing | 28.7M shares outstanding

29M 0
Jul 25, 2024

10-Q filing | 28.6M shares outstanding

29M 0
Apr 25, 2024

10-Q filing | 28.2M shares outstanding

28M 0
Mar 07, 2024

10-K filing | 26.6M shares outstanding

27M 0
Dec 28, 2023

S-3 filing: This prospectus relates to the resale of up to 1,611,889 shares of common stock issuable upon the exercise of outstanding warrants.

26M 0
Oct 26, 2023

10-Q filing | 26.5M shares outstanding

26M 0
Sep 08, 2023

8-K filing: Altisource Portfolio Solutions S.A. entered into an underwriting agreement for a public offering of 4,861,111 shares of common stock at $3.60 per share, with the underwriters having an option to purchase an additional 729,166 shares. ($0.0M proceeds)

21M 2.6M
Jul 27, 2023

10-Q filing | 20.8M shares outstanding

21M 2.6M
Apr 27, 2023

10-Q filing | 20.8M shares outstanding

21M 2.6M
Mar 30, 2023

10-K filing | 20.8M shares outstanding

21M 2.6M
Feb 21, 2023

8-K filing: Altisource issued warrants to lenders to purchase 3,223,851 shares of common stock at an exercise price of $0.01 per share, with the initial exercise date being February 14, 2024, and expiration on May 22, 2027.

16M 7.3M
Feb 10, 2023

8-K filing: Altisource Portfolio Solutions S.A. entered into an underwriting agreement for a public offering of 4,000,000 shares of common stock at $5.00 per share, with underwriters having an option to purchase an additional 600,000 shares. ($18.2M proceeds)

16M 7.3M
Dec 12, 2022

S-3 filing: Altisource Portfolio Solutions S.A. may offer and sell, from time to time in one or more offerings, up to $100,000,000 in the aggregate of any combination of common stock and warrants. Shares of our common stock having an aggregate offering price of up to $25,000,000 may be offered through an at-the-market offering.

16M 7.3M
Nov 03, 2022

10-Q filing | 16.1M shares outstanding

16M 0
Jul 28, 2022

10-Q filing | 16.1M shares outstanding

16M 0
Apr 28, 2022

10-Q filing | 16.0M shares outstanding

16M 0
Apr 15, 2022

8-K filing: Ms. Mary Hickock received an award of 500 restricted shares of common stock as part of her non-management director compensation.

16M 0
Mar 03, 2022

10-K filing | 15.8M shares outstanding

16M 0
Nov 04, 2021

10-Q filing | 15.8M shares outstanding

16M 0
Jul 29, 2021

10-Q filing | 15.8M shares outstanding

16M 0
May 10, 2021

10-Q filing | 15.7M shares outstanding

16M 0
Mar 11, 2021

10-K filing | 15.6M shares outstanding

16M 0
Oct 29, 2020

10-Q filing | 15.6M shares outstanding

16M 0
Aug 06, 2020

10-Q filing | 15.6M shares outstanding

16M 0
Apr 30, 2020

10-Q filing | 16.3M shares outstanding

16M 0
Mar 05, 2020

10-K filing | 15.5M shares outstanding

16M 0
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