ALTI
AlTi Global, Inc.5.05
-0.06-1.17%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
FY Q3 '25
Key Stats
Market Cap
745.25MP/E (TTM)
-Basic EPS (TTM)
-2.22Dividend Yield
0%Recent Filings
8-K
Multiple transaction interests received
AlTi Global confirmed receiving multiple preliminary indications of interest for a potential transaction on December 9, 2025. The Board formed a Special Committee of independent directors to evaluate options and maximize shareholder value, advised by J.P. Morgan and Wachtell Lipton. No deal assured. No timeline set.
10-Q
Q3 FY2025 results
AlTi's Q3 revenue climbed 10.5% y/y to $57.2M on 7.4% higher management fees ($51.7M) from AUA growth to $89.2B, plus TIG Arbitrage incentive fees, yet operating loss widened to $28.5M amid $20M organization streamlining and $35M intangible impairment. Net loss from continuing ops hit $87.0M, versus $67.4M last year, as tax expense swung to $30.1M; net differed from operating due to impairments, TRA changes, and earnout gains. Cash fell to $35.8M after Kontora buy; debt minimal at $0.6M term loan. International Real Estate disposed July 2025. UK FCA probes linger on legacy funds.
8-K
10-Q
Q2 FY2025 results
AlTi Global's Q2 FY2025 revenue climbed 7.4% y/y to $53.1M, fueled by 6.3% y/y growth in management/advisory fees to $50.0M amid rising AUA to $97.2B, while distributions from investments rose 18.9% y/y to $2.7M on stronger external manager performance. Yet operating losses widened to $30.1M from $15.0M y/y, driven by 14.7% higher compensation to $44.6M and a 51.6% surge in non-compensation expenses to $38.7M tied to professional fees and streamlining costs. Net loss hit $30.0M, or $(0.33) per diluted share on 99.9M shares, versus $9.4M last year; the gap stems mainly from fair-value losses on earn-outs exceeding $7M. Cash dipped to $42.4M after $50.1M operating outflow, but the $0.7M Kontora debt matures in 2027 with full revolver availability post-2024 payoff. The IRE wind-down adds execution risk amid regulatory probes.
8-K
AlTi Q2 revenues rise 7%
AlTi Global reported Q2 2025 results with revenues up 7% to $53 million, driven by 35% AUM/AUA growth to $97 billion from Kontora and Envoi acquisitions, yet GAAP net loss widened to $30 million amid one-time costs. The firm closed Kontora's $16 billion acquisition on April 30, announced International Real Estate wind-down on July 11, and launched a zero-based budgeting plan targeting $20 million annual savings over two years. Acquisitions fuel European expansion. Costs spiked from integrations.
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