Financial Snapshot

Revenue
$245.3M
TTM
Gross Margin
Net Earnings
-$93.87M
TTM
Current Assets
$304.0M
Q3 2024
Current Liabilities
$131.0M
Q3 2024
Current Ratio
232.11%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$1.039B
Q3 2024
Cash
Q3 2024
P/E
-6.450
Nov 29, 2024 EST
Free Cash Flow
-$57.43M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $250.9M $76.87M $0.00 $0.00 $59.82M
YoY Change 226.36% -100.0%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $250.9M $76.87M $0.00 $0.00 $59.82M
Cost Of Revenue $2.240M $2.363M
Gross Profit $99.82M $72.44M
Gross Profit Margin

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $21.71M $71.01M $25.50M $19.70M $47.24M
YoY Change -69.42% 178.41% 29.45% -58.29%
% of Gross Profit 25.55% 27.2%
Research & Development $16.34M $6.331M $5.070M
YoY Change 158.11% 24.87%
% of Gross Profit 5.08%
Depreciation & Amortization $17.04M $2.339M $165.0K $165.0K $1.340M
YoY Change 628.5% 1317.88% 0.0% -87.69%
% of Gross Profit 0.17% 0.23%
Operating Expenses $345.0M $78.19M $1.012M $10.00K $52.21M
YoY Change 341.21% 7622.98% 10024.5% -99.98%
Operating Profit -$94.11M -$8.859M $98.81M $72.43M
YoY Change 962.32% -108.97% 36.42%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense -$29.98M -$214.7K $3.942M -$20.00M $60.00K
YoY Change 13865.53% -105.45% -119.71% -33431.67%
% of Operating Profit 3.99% -27.61%
Other Income/Expense, Net -$3.744M $17.64M -$3.965M -$58.76K -$20.00K
YoY Change -121.23% -544.8% 6648.35% 193.8%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$316.3M -$5.471M -$1.035M -$10.00K $7.640M
YoY Change 5681.92% 428.42% 10253.8% -100.13%
Income Tax -$10.53M $526.6K $1.457M $748.0K $410.0K
% Of Pretax Income 5.37%
Net Earnings -$162.6M $8.779M -$1.035M -$10.00K $7.230M
YoY Change -1952.21% -947.9% 10253.8% -100.14%
Net Earnings / Revenue -64.81% 11.42% 12.09%
Basic Earnings Per Share -$2.65 -$839.90 $566.30
Diluted Earnings Per Share -$2.65 -$0.10 -$27.56K -$320.00 $0.13

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $15.35M $7.131M $551.3K $26.95M
YoY Change 115.23% 1193.57% -97.95%
Cash & Equivalents $15.35M $7.131M $8.270M $13.96M
Short-Term Investments $18.12M $13.00M
Other Short-Term Assets $8.045M $70.41K $4.137M
YoY Change -98.3%
Inventory
Prepaid Expenses
Receivables $17.12M $1.161M $1.702M $0.00
Other Receivables $88.29M $23.54M $20.02M $17.37M
Total Short-Term Assets $128.8M $31.84M $621.7K $55.72M
YoY Change 304.58% 5021.31% -98.88%
Property, Plant & Equipment $50.85M $11.07M $208.3K $292.5K
YoY Change 359.3% 5214.71% -28.8%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $180.1M $196.5K $345.0M $97.10M
YoY Change 91543.17% -99.94% 255.33%
Other Assets $56.63M $2.842M $0.00 $130.0K
YoY Change 1892.46% -100.0%
Total Long-Term Assets $1.138B $60.15M $345.0M -$55.59M
YoY Change 1791.49% -82.57% -720.7%
Total Assets $1.267B $91.99M $345.7M $130.0K
YoY Change
Accounts Payable $36.80M $8.073M $182.1K $8.026M
YoY Change 355.88% 4332.92% -97.73%
Accrued Expenses $120.9M $29.61M $0.00 $110.0K
YoY Change 308.13% -100.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $9.000M $4.500M
YoY Change 100.0%
Total Short-Term Liabilities $159.5M $39.21M $182.1K $110.0K
YoY Change 306.82% 21427.26% 65.56%
Long-Term Debt $186.4M $21.19M $0.00 $0.00
YoY Change 779.56%
Other Long-Term Liabilities $118.6M $13.66M $35.17M $7.031M
YoY Change 768.03% -61.15% 400.18%
Total Long-Term Liabilities $304.9M $34.85M $35.17M $0.00
YoY Change 775.04% -0.91%
Total Liabilities $924.6M $74.46M $35.35M $110.0K
YoY Change 1141.85% 110.62% 32037.03%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 61.40M shares 7.007K shares 6.956K shares
Diluted Shares Outstanding 61.40M shares 7.007K shares 6.956K shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $605.45 Million

About AlTi Global, Inc.

AlTi Global, Inc. is a financial services company, which engages in the provision of investment, advisory, and administrative services. The company is headquartered in New York City, New York and currently employs 480 full-time employees. The company went IPO on 2021-02-24. The company operates through two segments: Wealth Management and Strategic Alternatives. Within its Wealth Management segment, services provided principally consist of investment management and advisory services, trusts and administrative services, and family office services. The wealth management client base includes high net worth individuals, families, single family offices, foundations, and endowments globally. In its Strategic Alternatives segment, it assists its investors with alternative investments and co-investments by providing access to differentiated opportunities in these areas as well as structuring and selecting partners with a proven track record in alternative asset classes, with risk-adjusted return characteristics.

Industry: Investment Advice Peers: Blackstone Inc. AVANTAX, INC. BrightSphere Investment Group Inc. VIRTUS INVESTMENT PARTNERS, INC. Oaktree Specialty Lending Corp GCM Grosvenor Inc. New Mountain Finance Corp P10, Inc. Sixth Street Specialty Lending, Inc.