AlTi Global (ALTI) Financials

$3.16 -0.04 (-1.28%)

As of 11:19 AM Eastern

Annual Income Statements for AlTi Global

This table shows AlTi Global's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Period end date	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-5.89	-166	-103
Consolidated Net Income / (Loss)	-6.00	-311	-174
Net Income / (Loss) Continuing Operations	-6.00	-311	-174
Total Pre-Tax Income	-5.47	-322	-195
Total Operating Income	-1.32	-99	-87
Total Gross Profit	26	39	37
Total Revenue	77	247	207
Operating Revenue	77	247	207
Total Cost of Revenue	51	208	170
Operating Cost of Revenue	51	208	170
Total Operating Expenses	27	314	210
Selling, General & Admin Expense	17	99	86
Marketing Expense	1.17	2.22	3.50
Depreciation Expense	2.34	17	15
Other Operating Expenses / (Income)	6.23	20	20
Impairment Charge	0.00	207	117
Other Special Charges / (Income)	0.00	-31	-31
Total Other Income / (Expense), net	-4.15	-47	-23
Interest Expense	0.43	15	22
Interest & Investment Income	-3.67	-15	0.01
Other Income / (Expense), net	-0.06	-17	-0.41
Income Tax Expense	0.53	-11	-21
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.11	-146	-71
Basic Earnings per Share	($839.87)	($2.70)	($1.59)
Weighted Average Basic Shares Outstanding	7.01K	61.40M	79.69M
Diluted Earnings per Share	($839.87)	($2.70)	($1.59)
Weighted Average Diluted Shares Outstanding	7.01K	61.40M	79.69M
Weighted Average Basic & Diluted Shares Outstanding	-	119.33M	142.24M

This table shows AlTi Global's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-0.67	-7.08	-69	43	-90	-50	29	-5.99	-69	-58
Consolidated Net Income / (Loss)	-0.70	-7.10	-90	28	-173	-76	22	-8.96	-111	-76
Net Income / (Loss) Continuing Operations	-0.70	-7.10	-90	28	-173	-76	22	-8.96	-111	-76
Total Pre-Tax Income	-0.61	-6.96	-86	13	-175	-74	22	-9.72	-121	-87
Total Operating Income	-0.38	-3.19	-43	-13	-25	-18	-15	-15	-16	-41
Total Gross Profit	6.54	5.66	-5.13	51	8.18	-16	11	49	13	-37
Total Revenue	19	19	58	51	48	89	51	49	53	53
Operating Revenue	19	19	58	51	48	89	51	49	53	53
Total Cost of Revenue	12	14	63	0.00	40	105	40	0.00	40	90
Total Operating Expenses	6.91	8.86	38	64	187	24	26	64	145	-25
Selling, General & Admin Expense	4.50	6.12	28	22	25	25	18	15	18	35
Marketing Expense	0.24	0.49	0.53	0.57	0.66	0.47	0.77	1.20	0.76	0.77
Depreciation Expense	0.58	0.55	4.52	3.66	3.68	5.19	2.57	3.81	4.62	3.55
Other Operating Expenses / (Income)	1.59	1.70	5.13	39	4.31	-28	4.89	44	5.07	-34
Total Other Income / (Expense), net	-0.24	-3.77	-42	26	4.38	-35	37	5.24	11	-76
Interest Expense	-	-	3.26	3.37	3.67	4.20	4.84	4.85	5.19	7.26
Interest & Investment Income	-0.18	-3.34	3.07	-5.15	-1.96	-11	-3.40	12	8.65	-17
Other Income / (Expense), net	-0.06	0.00	-42	34	10	-19	45	-1.83	7.75	-51
Income Tax Expense	0.08	0.14	4.65	-15	-1.78	2.04	0.36	-0.76	-9.48	-11
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.02	-0.03	-22	-15	-83	-26	-7.60	-2.97	-43	-18
Basic Earnings per Share	($96.19)	($1,010.64)	($1.19)	$0.72	($1.41)	($0.82)	$0.38	($0.18)	($0.88)	($0.91)
Weighted Average Basic Shares Outstanding	7.01K	7.01K	57.55M	59.29M	63.57M	61.40M	66.72M	71.74M	86.40M	79.69M
Diluted Earnings per Share	($96.19)	($1,010.64)	($1.19)	$0.25	($1.41)	($0.35)	$0.18	($0.18)	($0.88)	($0.71)
Weighted Average Diluted Shares Outstanding	7.01K	7.01K	57.55M	114.32M	63.57M	61.40M	120.56M	71.74M	86.40M	79.69M
Weighted Average Basic & Diluted Shares Outstanding	43.13M	0.00	113.03M	117.99M	117.99M	119.33M	120.01M	139.83M	139.83M	142.24M

This table details how cash moves in and out of AlTi Global's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Period end date	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-0.91	-97	47
Net Cash From Operating Activities	6.86	0.00	-51
Net Cash From Continuing Operating Activities	6.86	0.00	-51
Net Income / (Loss) Continuing Operations	-6.00	0.00	-174
Consolidated Net Income / (Loss)	-6.00	0.00	-174
Depreciation Expense	2.34	0.00	15
Amortization Expense	0.00	0.00	6.18
Non-Cash Adjustments To Reconcile Net Income	4.15	0.00	143
Changes in Operating Assets and Liabilities, net	6.37	0.00	-40
Net Cash From Investing Activities	-7.23	-133	-76
Net Cash From Continuing Investing Activities	-7.23	-133	-76
Purchase of Property, Plant & Equipment	-0.16	-0.63	-7.71
Acquisitions	0.00	-119	-98
Purchase of Investments	-0.22	-16	-20
Sale of Property, Plant & Equipment	0.00	0.01	0.14
Divestitures	0.00	0.00	49
Sale and/or Maturity of Investments	1.46	2.33	1.10
Other Investing Activities, net	-8.31	-0.16	0.00
Net Cash From Financing Activities	-0.35	36	174
Net Cash From Continuing Financing Activities	-0.35	36	174
Repayment of Debt	-2.81	-163	-223
Repurchase of Preferred Equity	0.00	0.00	-0.20
Repurchase of Common Equity	0.00	0.00	-15
Payment of Dividends	0.00	-3.37	-0.01
Issuance of Debt	12	224	32
Issuance of Preferred Equity	0.00	0.00	305
Issuance of Common Equity	0.00	0.00	95
Other Financing Activities, net	-9.84	-21	-20
Effect of Exchange Rate Changes	-0.19	-	-0.67
Cash Interest Paid	0.62	-	17
Cash Income Taxes Paid	0.61	0.85	1.47

This table details how cash moves in and out of AlTi Global's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Change in Cash & Equivalents	-0.03	2.65	-176	9.37	-13	83	119	-78	162	-157
Net Cash From Operating Activities	1.56	3.65	-61	-5.48	-14	81	-15	-30	-4.94	-0.06
Net Cash From Continuing Operating Activities	1.56	3.65	-61	-5.48	-14	81	-15	-30	-4.94	-0.06
Net Income / (Loss) Continuing Operations	-0.70	-7.10	-90	28	-173	235	22	-8.96	-111	-76
Consolidated Net Income / (Loss)	-0.70	-7.10	-90	28	-173	235	22	-8.96	-111	-76
Depreciation Expense	0.58	0.55	4.52	3.66	3.68	-12	2.57	3.81	4.62	3.55
Amortization Expense	-	-	2.36	-5.18	-1.29	4.11	0.33	0.51	0.83	4.52
Non-Cash Adjustments To Reconcile Net Income	0.57	0.97	39	42	159	-240	1.27	-2.37	114	30
Changes in Operating Assets and Liabilities, net	1.11	9.24	-16	-74	-2.69	93	-41	-23	-13	38
Net Cash From Investing Activities	0.38	0.05	-114	-14	-3.84	-0.56	31	-55	-30	-22
Net Cash From Continuing Investing Activities	0.38	0.05	-114	-14	-3.84	-0.56	31	-55	-30	-22
Purchase of Property, Plant & Equipment	-0.05	-0.10	-0.11	-0.15	-0.02	-0.36	-0.21	-1.06	-4.50	-1.94
Purchase of Investments	-0.03	-0.04	-15	-0.06	-0.06	-0.19	-0.04	-0.04	-0.03	-20
Sale and/or Maturity of Investments	0.46	0.19	1.82	0.21	0.02	0.29	0.85	0.26	-0.01	0.00
Net Cash From Financing Activities	-2.11	-0.83	-2.18	32	1.21	5.14	104	8.13	194	-132
Net Cash From Continuing Financing Activities	-2.11	-0.83	-2.18	32	1.21	5.14	104	8.13	194	-132
Repayment of Debt	-0.89	-0.64	-136	-5.68	-14	-7.55	-35	-20	-36	-131
Repurchase of Preferred Equity	-	-	-	-	-	-	-	-	-	0.31
Repurchase of Common Equity	-	-	0.00	-	-	-	-1.36	-2.94	-10	-0.31
Other Financing Activities, net	-1.22	-0.19	-12	-5.47	-3.25	-0.78	-6.72	-3.88	-8.59	-1.24
Effect of Exchange Rate Changes	0.13	-0.22	1.05	-2.58	4.31	-	-0.22	-0.95	2.42	-1.92
Cash Interest Paid	0.18	0.25	1.11	2.98	6.06	-	4.43	4.28	4.20	3.81
Cash Income Taxes Paid	0.12	0.09	0.00	0.84	-0.05	0.05	0.03	0.81	0.14	0.49

This table presents AlTi Global's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Period end date	12/31/2022	12/31/2023	12/31/2024
Total Assets	92	1,266	1,256
Total Current Assets	7.13	15	65
Cash & Equivalents	7.13	15	65
Other Current Nonoperating Assets	-	-	0.00
Plant, Property, & Equipment, net	0.00	0.00	0.00
Total Noncurrent Assets	85	1,251	1,190
Long-Term Investments	0.05	14	28
Noncurrent Note & Lease Receivables	25	70	35
Goodwill	25	412	378
Intangible Assets	21	436	470
Noncurrent Deferred & Refundable Income Taxes	-	0.00	22
Other Noncurrent Operating Assets	14	262	259
Total Liabilities & Shareholders' Equity	92	1,266	1,256
Total Liabilities	74	484	286
Total Current Liabilities	8.07	37	34
Accounts Payable	8.07	37	34
Other Current Nonoperating Liabilities	-	-	0.00
Total Noncurrent Liabilities	66	447	252
Long-Term Debt	21	186	0.00
Noncurrent Deferred & Payable Income Tax Liabilities	0.08	14	11
Noncurrent Employee Benefit Liabilities	16	62	60
Other Noncurrent Operating Liabilities	29	171	181
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	18	782	970
Total Preferred & Common Equity	18	352	658
Total Common Equity	18	352	658
Common Stock	19	537	653
Retained Earnings	0.00	-194	-297
Accumulated Other Comprehensive Income / (Loss)	-1.08	9.16	-1.57
Other Equity Adjustments	-	-	304
Noncontrolling Interest	0.32	430	312

This table presents AlTi Global's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024
Total Assets	348	1,416	1,406	1,234	1,300	1,323	1,406
Total Current Assets	0.48	18	24	12	147	60	222
Cash & Equivalents	0.46	18	24	12	134	60	222
Other Current Nonoperating Assets	-	-	-	-	13	0.00	0.00
Plant, Property, & Equipment, net	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Noncurrent Assets	347	1,398	1,382	1,222	1,153	1,263	1,184
Long-Term Investments	-	49	39	28	12	7.50	7.41
Noncurrent Note & Lease Receivables	-	32	30	32	1.93	1.83	36
Goodwill	-	531	561	409	408	441	380
Intangible Assets	-	541	499	501	432	505	480
Other Noncurrent Operating Assets	347	245	242	240	298	307	281
Total Liabilities & Shareholders' Equity	348	1,416	1,406	1,234	1,300	1,323	1,406
Total Liabilities	19	455	383	388	402	399	367
Total Current Liabilities	0.49	36	39	37	35	25	19
Accounts Payable	0.49	36	39	37	32	25	19
Other Current Nonoperating Liabilities	-	-	-	-	3.47	0.00	0.00
Total Noncurrent Liabilities	19	419	344	351	366	374	347
Long-Term Debt	0.48	133	169	173	184	164	128
Noncurrent Deferred & Payable Income Tax Liabilities	-	41	30	26	7.83	13	0.65
Noncurrent Employee Benefit Liabilities	-	12	15	20	36	30	41
Other Noncurrent Operating Liabilities	18	233	127	130	139	167	178
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-19	961	1,023	846	898	924	1,039
Total Preferred & Common Equity	-19	371	472	382	511	540	707
Total Common Equity	-19	371	472	382	396	387	707
Common Stock	0.00	462	516	520	554	550	644
Retained Earnings	-19	-97	-53	-142	-164	-170	-239
Accumulated Other Comprehensive Income / (Loss)	-	4.94	9.18	3.99	6.30	6.94	3.32
Other Equity Adjustments	-	-	-	-	-	-	299
Noncontrolling Interest	-	590	551	464	387	383	332

This table displays calculated financial ratios and metrics derived from AlTi Global's official financial filings.

Metric	2022	2023	2024
Period end date	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-
Revenue Growth	1.54%	221.21%	-16.19%
EBITDA Growth	-90.06%	-10,257.97%	32.21%
EBIT Growth	-117.92%	-8,355.35%	24.84%
NOPAT Growth	-113.49%	-7,430.27%	12.49%
Net Income Growth	-258.22%	-5,088.65%	43.99%
EPS Growth	-248.32%	99.68%	41.11%
Operating Cash Flow Growth	-63.69%	-1,291.40%	38.01%
Free Cash Flow Firm Growth	0.00%	-437.25%	95.56%
Invested Capital Growth	-89.72%	2,714.02%	-2.15%
Revenue Q/Q Growth	-42.27%	39.54%	-16.21%
EBITDA Q/Q Growth	-91.24%	-32.24%	-340.56%
EBIT Q/Q Growth	-112.45%	-40.73%	-1,932.36%
NOPAT Q/Q Growth	-109.06%	-17.10%	-49.28%
Net Income Q/Q Growth	-193.52%	-28.59%	-2.84%
EPS Q/Q Growth	-213.94%	99.73%	-34.75%
Operating Cash Flow Q/Q Growth	-69.97%	-5.63%	1.27%
Free Cash Flow Firm Q/Q Growth	0.00%	-33.28%	-342.94%
Invested Capital Q/Q Growth	-90.29%	-7.55%	-6.52%
Profitability Metrics	-	-	-
Gross Margin	33.35%	15.66%	17.90%
EBITDA Margin	1.26%	-39.74%	-32.15%
Operating Margin	-1.71%	-40.20%	-41.97%
EBIT Margin	-1.79%	-47.02%	-42.17%
Profit (Net Income) Margin	-7.80%	-126.04%	-84.23%
Tax Burden Percent	109.63%	96.73%	89.19%
Interest Burden Percent	398.47%	277.15%	223.98%
Effective Tax Rate	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-0.54%	-14.97%	-6.86%
ROIC Less NNEP Spread (ROIC-NNEP)	-76.00%	-392.77%	-1,090.08%
Return on Net Nonoperating Assets (RNNOA)	-3.12%	-62.80%	-13.03%
Return on Equity (ROE)	-3.66%	-77.77%	-19.89%
Cash Return on Invested Capital (CROIC)	162.16%	-201.24%	-4.68%
Operating Return on Assets (OROA)	-0.63%	-17.09%	-6.92%
Return on Assets (ROA)	-2.74%	-45.82%	-13.82%
Return on Common Equity (ROCE)	0.19%	-35.92%	-11.47%
Return on Equity Simple (ROE_SIMPLE)	-34.21%	-88.38%	-26.47%
Net Operating Profit after Tax (NOPAT)	-0.92	-69	-61
NOPAT Margin	-1.20%	-28.14%	-29.38%
Net Nonoperating Expense Percent (NNEP)	75.46%	377.80%	1,083.22%
Return On Investment Capital (ROIC_SIMPLE)	-2.36%	-7.17%	-6.27%
Cost of Revenue to Revenue	66.65%	84.34%	82.10%
SG&A Expenses to Revenue	22.40%	40.06%	41.53%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	35.07%	127.00%	101.45%
Earnings before Interest and Taxes (EBIT)	-1.37	-116	-87
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	0.97	-98	-67
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	26.83	2.94	0.94
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00
Price to Revenue (P/Rev)	6.12	4.19	2.98
Price to Earnings (P/E)	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	15.22	1.81	0.95
Enterprise Value to Revenue (EV/Rev)	6.31	6.56	4.04
Enterprise Value to EBITDA (EV/EBITDA)	501.88	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	70.69	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	1.75	0.00	0.00
Leverage & Solvency	-	-	-
Debt to Equity	1.19	0.24	0.00
Long-Term Debt to Equity	1.19	0.24	0.00
Financial Leverage	0.04	0.16	0.01
Leverage Ratio	1.33	1.70	1.44
Compound Leverage Factor	5.31	4.70	3.22
Debt to Total Capital	54.27%	19.23%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	54.27%	19.23%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.82%	44.42%	32.14%
Common Equity to Total Capital	44.91%	36.35%	67.86%
Debt to EBITDA	21.93	-1.90	0.00
Net Debt to EBITDA	14.50	-1.60	0.00
Long-Term Debt to EBITDA	21.93	-1.90	0.00
Debt to NOPAT	-22.96	-2.68	0.00
Net Debt to NOPAT	-15.18	-2.26	0.00
Long-Term Debt to NOPAT	-22.96	-2.68	0.00
Altman Z-Score	4.58	0.94	0.93
Noncontrolling Interest Sharing Ratio	105.24%	53.81%	42.34%
Liquidity Ratios	-	-	-
Current Ratio	0.88	0.41	1.93
Quick Ratio	0.88	0.41	1.93
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	277	-934	-42
Operating Cash Flow to CapEx	4,396.15%	0.00%	-669.20%
Free Cash Flow to Firm to Interest Expense	648.64	-64.41	-1.87
Operating Cash Flow to Interest Expense	16.06	-5.63	-2.29
Operating Cash Flow Less CapEx to Interest Expense	15.70	-5.63	-2.63
Efficiency Ratios	-	-	-
Asset Turnover	0.35	0.36	0.16
Accounts Receivable Turnover	0.00	0.00	0.00
Inventory Turnover	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00
Accounts Payable Turnover	12.41	9.21	4.78
Days Sales Outstanding (DSO)	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00
Days Payable Outstanding (DPO)	29.41	39.64	76.41
Cash Conversion Cycle (CCC)	-29.41	-39.64	-76.41
Capital & Investment Metrics	-	-	-
Invested Capital	32	896	877
Invested Capital Turnover	0.45	0.53	0.23
Increase / (Decrease) in Invested Capital	-278	865	-19
Enterprise Value (EV)	485	1,621	835
Market Capitalization	470	1,034	617
Book Value per Share	$0.41	$2.98	$4.71
Tangible Book Value per Share	($0.66)	($4.20)	($1.35)
Total Capital	39	969	970
Total Debt	21	186	0.00
Total Long-Term Debt	21	186	0.00
Net Debt	14	157	-93
Capital Expenditures (CapEx)	0.16	0.00	7.57
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-8.07	-37	-34
Debt-free Net Working Capital (DFNWC)	-0.94	-22	32
Net Working Capital (NWC)	-0.94	-22	32
Net Nonoperating Expense (NNE)	5.08	242	114
Net Nonoperating Obligations (NNO)	14	114	-93
Total Depreciation and Amortization (D&A)	2.34	18	21
Debt-free, Cash-free Net Working Capital to Revenue	-10.50%	-15.05%	-16.42%
Debt-free Net Working Capital to Revenue	-1.23%	-8.83%	15.23%
Net Working Capital to Revenue	-1.23%	-8.83%	15.23%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$0.40	($2.65)	($1.59)
Adjusted Weighted Average Basic Shares Outstanding	43.13M	61.40M	79.69M
Adjusted Diluted Earnings per Share	$0.40	($2.65)	($1.59)
Adjusted Weighted Average Diluted Shares Outstanding	43.13M	61.40M	79.69M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	119.33M	142.24M
Normalized Net Operating Profit after Tax (NOPAT)	-0.92	53	-0.56
Normalized NOPAT Margin	-1.20%	21.67%	-0.27%
Pre Tax Income Margin	-7.12%	-130.31%	-94.44%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	-3.22	-8.01	-3.94
NOPAT to Interest Expense	-2.16	-4.79	-2.75
EBIT Less CapEx to Interest Expense	-3.58	-8.01	-4.28
NOPAT Less CapEx to Interest Expense	-2.53	-4.79	-3.09
Payout Ratios	-	-	-
Dividend Payout Ratio	0.00%	0.00%	-0.01%
Augmented Payout Ratio	0.00%	0.00%	-8.49%

This table displays calculated financial ratios and metrics derived from AlTi Global's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	-74.34%	190.67%	171.46%	159.30%	360.18%	-12.46%	-3.57%	10.70%	-40.35%
EBITDA Growth	102.47%	-128.70%	-4,508.87%	1,070.97%	-8,843.45%	-1,585.54%	142.32%	-163.30%	77.81%	-89.74%
EBIT Growth	92.54%	-134.66%	-7,390.70%	1,856.55%	-3,339.27%	-1,052.93%	135.52%	-179.14%	45.17%	-151.60%
NOPAT Growth	-57.91%	-126.91%	-3,254.19%	-3,107.51%	-6,532.01%	-453.81%	52.55%	63.85%	36.12%	-133.07%
Net Income Growth	88.13%	-233.71%	-10,290.74%	2,981.05%	-24,722.99%	-974.31%	124.08%	-131.85%	35.52%	0.79%
EPS Growth	-34,253.57%	-278.44%	-100.92%	-99.82%	98.53%	99.97%	115.13%	-172.00%	37.59%	-102.86%
Operating Cash Flow Growth	1,452.78%	-81.40%	-1,582.14%	-204.04%	-1,025.32%	2,117.99%	74.65%	-450.40%	65.87%	-100.07%
Free Cash Flow Firm Growth	0.00%	0.00%	-5,312.88%	-20,309.97%	-3,302.02%	-418.14%	111.78%	110.90%	103.06%	98.91%
Invested Capital Growth	6.18%	-89.72%	220.94%	250.45%	195.47%	2,714.02%	-9.86%	-9.00%	-3.23%	-2.15%
Revenue Q/Q Growth	-1.64%	4.54%	198.80%	-11.65%	-6.04%	85.53%	-44.95%	-2.67%	7.87%	-0.03%
EBITDA Q/Q Growth	-91.37%	-1,922.07%	-2,873.73%	125.05%	-164.41%	-251.25%	302.69%	-137.48%	77.42%	-2,903.70%
EBIT Q/Q Growth	-140.41%	-628.54%	-2,577.75%	124.82%	-171.03%	-144.22%	1,642.12%	-155.30%	50.79%	-1,020.75%
NOPAT Q/Q Growth	-127.48%	-744.71%	-1,260.41%	4.75%	39.41%	29.46%	-47.58%	27.44%	-7.07%	-157.37%
Net Income Q/Q Growth	-176.23%	-920.26%	-1,171.51%	131.16%	-714.18%	55.84%	129.96%	-141.20%	-1,143.50%	32.06%
EPS Q/Q Growth	-169.84%	-950.67%	99.88%	121.01%	-664.00%	75.18%	158.06%	-200.00%	-388.89%	19.32%
Operating Cash Flow Q/Q Growth	-70.33%	133.50%	-1,771.55%	91.02%	-163.90%	659.71%	-2,094.61%	-95.09%	83.63%	98.87%
Free Cash Flow Firm Q/Q Growth	-376.36%	1,522.90%	-367.60%	-12.53%	20.60%	-33.06%	109.93%	4.15%	-77.74%	-147.52%
Invested Capital Q/Q Growth	2.60%	-90.29%	3,124.92%	9.11%	-13.49%	-7.55%	3.30%	10.15%	-8.00%	-6.52%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	35.17%	29.15%	-8.83%	100.00%	16.97%	-17.53%	22.15%	100.00%	24.13%	-68.51%
EBITDA Margin	0.78%	-13.60%	-135.35%	38.38%	-26.31%	-49.81%	65.43%	-25.20%	-5.27%	-158.45%
Operating Margin	-2.03%	-16.44%	-74.83%	-25.46%	-52.03%	-19.78%	-28.87%	-30.24%	-30.02%	-77.28%
EBIT Margin	-2.36%	-16.43%	-147.20%	41.36%	-31.26%	-41.15%	59.73%	-33.94%	-15.48%	-173.58%
Profit (Net Income) Margin	-3.75%	-36.55%	-155.55%	54.85%	-358.54%	-85.33%	42.80%	-18.12%	-208.85%	-141.93%
Tax Burden Percent	113.36%	102.04%	105.43%	221.78%	98.98%	102.75%	98.36%	92.22%	92.16%	87.05%
Interest Burden Percent	140.18%	218.08%	100.23%	59.80%	1,158.72%	201.80%	72.85%	57.88%	1,463.71%	93.93%
Effective Tax Rate	0.00%	0.00%	0.00%	-121.78%	0.00%	0.00%	1.64%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-0.60%	-5.18%	-8.94%	-11.55%	-9.93%	-7.37%	-7.08%	-4.78%	-5.44%	-12.62%
ROIC Less NNEP Spread (ROIC-NNEP)	122.18%	-77.52%	-188.91%	105.21%	-260.34%	-107.24%	69.57%	-3.23%	-883.16%	-459.58%
Return on Net Nonoperating Assets (RNNOA)	-0.13%	-3.18%	-9.81%	7.66%	-27.49%	-17.15%	3.53%	-0.32%	-10.70%	-5.50%
Return on Equity (ROE)	-0.73%	-8.36%	-18.75%	-3.89%	-37.42%	-24.51%	-3.55%	-5.10%	-16.13%	-18.12%
Cash Return on Invested Capital (CROIC)	0.00%	162.16%	-109.75%	-117.04%	-108.00%	-201.24%	5.69%	5.03%	-0.98%	-4.68%
Operating Return on Assets (OROA)	-0.91%	-5.77%	-19.21%	6.96%	-7.00%	-14.96%	10.72%	-6.02%	-2.90%	-28.48%
Return on Assets (ROA)	-1.44%	-12.84%	-20.30%	9.23%	-80.24%	-31.02%	7.68%	-3.21%	-39.08%	-23.29%
Return on Common Equity (ROCE)	0.06%	0.44%	-5.06%	-1.29%	-11.57%	-11.32%	-1.46%	-2.25%	-9.32%	-10.45%
Return on Equity Simple (ROE_SIMPLE)	-33.89%	0.00%	-26.23%	-14.81%	-63.35%	0.00%	-37.92%	-42.73%	-23.97%	0.00%
Net Operating Profit after Tax (NOPAT)	-0.26	-2.24	-30	-29	-18	-12	-14	-10	-11	-29
NOPAT Margin	-1.42%	-11.51%	-52.38%	-56.47%	-36.42%	-13.85%	-28.39%	-21.17%	-21.01%	-54.10%
Net Nonoperating Expense Percent (NNEP)	-122.78%	72.34%	179.97%	-116.76%	250.41%	99.88%	-76.65%	-1.55%	877.72%	446.96%
Return On Investment Capital (ROIC_SIMPLE)	-	-5.73%	-	-	-	-1.28%	-	-	-	-2.97%
Cost of Revenue to Revenue	64.83%	70.86%	108.83%	0.00%	83.03%	117.53%	77.85%	0.00%	75.87%	168.51%
SG&A Expenses to Revenue	24.20%	31.50%	48.48%	41.94%	51.07%	27.59%	34.84%	30.63%	34.57%	64.97%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	37.20%	45.58%	66.00%	125.46%	388.30%	26.65%	51.02%	130.24%	271.77%	-47.56%
Earnings before Interest and Taxes (EBIT)	-0.44	-3.19	-85	21	-15	-37	30	-17	-8.26	-93
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	0.15	-2.64	-79	20	-13	-45	33	-12	-2.81	-84
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	26.83	1.46	1.83	2.15	2.94	1.71	1.62	0.74	0.94
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	3.21	6.12	4.70	5.88	4.64	4.19	2.77	2.59	2.12	2.98
Price to Earnings (P/E)	64.28	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	1.56%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	2.36	15.22	1.17	1.36	1.46	1.81	1.31	1.23	0.80	0.95
Enterprise Value to Revenue (EV/Rev)	5.82	6.31	10.42	10.34	8.01	6.56	4.99	5.20	3.05	4.04
Enterprise Value to EBITDA (EV/EBITDA)	70.25	501.88	0.00	0.00	0.00	0.00	24.34	70.75	27.28	0.00
Enterprise Value to EBIT (EV/EBIT)	70.25	0.00	0.00	0.00	0.00	0.00	33.81	0.00	158.40	0.00
Enterprise Value to NOPAT (EV/NOPAT)	76.07	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	33.92	70.69	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	1.75	0.00	0.00	0.00	0.00	21.88	23.36	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	1.19	0.14	0.17	0.20	0.24	0.20	0.18	0.12	0.00
Long-Term Debt to Equity	0.00	1.19	0.14	0.17	0.20	0.24	0.20	0.18	0.12	0.00
Financial Leverage	0.00	0.04	0.05	0.07	0.11	0.16	0.05	0.10	0.01	0.01
Leverage Ratio	1.09	1.33	1.38	1.30	1.35	1.70	1.46	1.40	1.40	1.44
Compound Leverage Factor	1.52	2.91	1.38	0.78	15.61	3.42	1.06	0.81	20.50	1.35
Debt to Total Capital	0.15%	54.27%	12.18%	14.18%	16.97%	19.23%	16.97%	15.08%	11.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.15%	54.27%	12.18%	14.18%	16.97%	19.23%	16.97%	15.08%	11.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	10.67%	14.11%	0.00%	0.00%
Noncontrolling Interests to Total Capital	105.61%	0.82%	53.95%	46.21%	45.53%	44.42%	35.80%	35.25%	28.47%	32.14%
Common Equity to Total Capital	-5.76%	44.91%	33.87%	39.61%	37.51%	36.35%	36.58%	35.57%	60.54%	67.86%
Debt to EBITDA	0.04	21.93	-1.68	-2.75	-2.33	-1.90	3.68	9.22	4.64	0.00
Net Debt to EBITDA	0.00	14.50	-0.84	-1.73	-1.79	-1.60	0.75	5.42	-3.66	0.00
Long-Term Debt to EBITDA	0.04	21.93	-1.68	-2.75	-2.33	-1.90	3.68	9.22	4.64	0.00
Debt to NOPAT	0.05	-22.96	-4.14	-4.02	-2.91	-2.68	-4.02	-3.48	-3.15	0.00
Net Debt to NOPAT	0.00	-15.18	-2.07	-2.53	-2.24	-2.26	-0.82	-2.05	2.48	0.00
Long-Term Debt to NOPAT	0.05	-22.96	-4.14	-4.02	-2.91	-2.68	-4.02	-3.48	-3.15	0.00
Altman Z-Score	13.51	4.52	0.48	1.45	1.19	1.15	1.20	0.93	0.95	0.92
Noncontrolling Interest Sharing Ratio	108.49%	105.24%	73.02%	66.75%	69.07%	53.81%	58.78%	55.87%	42.23%	42.34%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.98	0.88	0.49	0.62	0.33	0.41	4.16	2.37	11.59	1.93
Quick Ratio	0.94	0.88	0.49	0.62	0.33	0.41	3.79	2.37	11.59	1.93
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-19	276	-738	-830	-659	-877	87	90	20	-9.57
Operating Cash Flow to CapEx	3,007.69%	3,615.84%	-57,051.40%	-3,730.61%	-206,742.86%	22,437.95%	0.00%	-2,836.84%	-13.51%	-2.89%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	-226.21	-246.23	-179.68	-208.76	17.95	18.65	3.88	-1.32
Operating Cash Flow to Interest Expense	0.00	0.00	-18.72	-1.63	-3.95	19.28	-3.20	-6.22	-0.95	-0.01
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	-18.75	-1.67	-3.95	19.20	3.41	-6.44	-7.99	-0.28
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.38	0.35	0.13	0.17	0.22	0.36	0.18	0.18	0.19	0.16
Accounts Receivable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Accounts Payable Turnover	0.00	12.41	5.50	4.56	6.25	9.21	5.28	5.63	6.45	4.78
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	29.41	66.32	80.06	58.37	39.64	69.14	64.81	56.57	76.41
Cash Conversion Cycle (CCC)	0.00	-29.41	-66.32	-80.06	-58.37	-39.64	-69.14	-64.81	-56.57	-76.41
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	328	32	1,027	1,121	970	896	926	1,020	938	877
Invested Capital Turnover	0.42	0.45	0.17	0.20	0.27	0.53	0.25	0.23	0.26	0.23
Increase / (Decrease) in Invested Capital	19	-278	707	801	642	865	-101	-101	-31	-19
Enterprise Value (EV)	774	485	1,198	1,523	1,418	1,621	1,216	1,258	754	835
Market Capitalization	427	470	541	866	821	1,034	675	625	523	617
Book Value per Share	($0.44)	$0.41	$8.59	$4.18	$3.24	$2.98	$3.32	$3.22	$5.06	$4.71
Tangible Book Value per Share	($0.44)	($0.66)	($16.26)	($5.21)	($4.48)	($4.20)	($3.73)	($4.66)	($1.09)	($1.35)
Total Capital	329	39	1,094	1,192	1,019	969	1,082	1,088	1,168	970
Total Debt	0.48	21	133	169	173	186	184	164	128	0.00
Total Long-Term Debt	0.48	21	133	169	173	186	184	164	128	0.00
Net Debt	0.01	14	67	106	133	157	37	96	-101	-93
Capital Expenditures (CapEx)	0.05	0.10	0.11	0.15	0.01	0.36	-32	1.06	37	1.94
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-0.47	-8.07	-36	-39	-37	-37	-22	-25	-19	-34
Debt-free Net Working Capital (DFNWC)	-0.01	-0.94	-19	-15	-25	-22	112	35	203	32
Net Working Capital (NWC)	-0.01	-0.94	-19	-15	-25	-22	112	35	203	32
Net Nonoperating Expense (NNE)	0.43	4.87	60	-57	155	64	-36	-1.51	100	47
Net Nonoperating Obligations (NNO)	0.01	14	67	98	124	114	28	96	-101	-93
Total Depreciation and Amortization (D&A)	0.58	0.55	6.88	-1.53	2.39	-7.74	2.90	4.32	5.45	8.07
Debt-free, Cash-free Net Working Capital to Revenue	-0.36%	-10.50%	-31.69%	-26.28%	-20.86%	-15.05%	-9.18%	-10.48%	-7.76%	-16.42%
Debt-free Net Working Capital to Revenue	-0.01%	-1.23%	-16.22%	-9.92%	-13.97%	-8.83%	45.92%	14.32%	82.19%	15.23%
Net Working Capital to Revenue	-0.01%	-1.23%	-16.22%	-9.92%	-13.97%	-8.83%	45.92%	14.32%	82.19%	15.23%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.38	($1,010.64)	($1.19)	$0.73	($1.40)	($0.82)	$0.38	($0.18)	($0.88)	($0.91)
Adjusted Weighted Average Basic Shares Outstanding	43.13M	7.01K	57.55M	59.29M	63.57M	61.40M	66.72M	71.74M	86.40M	79.69M
Adjusted Diluted Earnings per Share	$0.38	($1,010.64)	($1.19)	$0.26	($1.40)	($0.35)	$0.18	($0.18)	($0.88)	($0.71)
Adjusted Weighted Average Diluted Shares Outstanding	43.13M	7.01K	57.55M	114.32M	63.57M	61.40M	120.56M	71.74M	86.40M	79.69M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	43.13M	0.00	113.03M	117.99M	117.99M	119.33M	120.01M	139.83M	139.83M	142.24M
Normalized Net Operating Profit after Tax (NOPAT)	-0.26	-2.24	-30	-9.14	90	-12	-14	-10	70	-29
Normalized NOPAT Margin	-1.42%	-11.51%	-52.38%	-17.82%	187.09%	-13.85%	-28.39%	-21.17%	131.32%	-54.10%
Pre Tax Income Margin	-3.30%	-35.82%	-147.54%	24.73%	-362.24%	-83.05%	43.51%	-19.64%	-226.62%	-163.04%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	-26.20	6.29	-4.11	-8.76	6.27	-3.46	-1.59	-12.75
NOPAT to Interest Expense	0.00	0.00	-9.32	-8.59	-4.78	-2.95	-2.98	-2.16	-2.16	-3.97
EBIT Less CapEx to Interest Expense	0.00	0.00	-26.24	6.25	-4.11	-8.84	12.88	-3.68	-8.63	-13.02
NOPAT Less CapEx to Interest Expense	0.00	0.00	-9.36	-8.64	-4.79	-3.03	3.63	-2.38	-9.20	-4.24
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-0.01%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-8.49%

Frequently Asked Questions About AlTi Global's Financials

When does AlTi Global's financial year end?

According to the most recent income statement we have on file, AlTi Global's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has AlTi Global's net income changed over the last 2 years?

AlTi Global's net income appears to be on an upward trend, with a most recent value of -$174.31 million in 2024, rising from -$6.00 million in 2022. The previous period was -$311.22 million in 2023.

What is AlTi Global's operating income?

AlTi Global's total operating income in 2024 was -$86.85 million, based on the following breakdown:

Total Gross Profit: $37.05 million
Total Operating Expenses: $209.94 million

How has AlTi Global revenue changed over the last 2 years?

Over the last 2 years, AlTi Global's total revenue changed from $76.87 million in 2022 to $206.94 million in 2024, a change of 169.2%.

How much debt does AlTi Global have?

AlTi Global's total liabilities were at $285.64 million at the end of 2024, a 41.0% decrease from 2023, and a 285.3% increase since 2022.

How much cash does AlTi Global have?

In the past 2 years, AlTi Global's cash and equivalents has ranged from $7.13 million in 2022 to $65.49 million in 2024, and is currently $65.49 million as of their latest financial filing in 2024.

How has AlTi Global's book value per share changed over the last 2 years?

Over the last 2 years, AlTi Global's book value per share changed from 0.41 in 2022 to 4.71 in 2024, a change of 1,058.1%.

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This page (NASDAQ:ALTI) was last updated on 5/5/2025 by MarketBeat.com Staff

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AlTi Global (ALTI) Financials

Frequently Asked Questions About AlTi Global's Financials

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AlTi Global (ALTI) Financials

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