Mon, May 12, 8:05 PM (62 days ago)
**AlTi Global, Inc. (Ticker: ALTI) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $57.96 million, a 14.0% increase from Q1 2024 ($50.81 million). - **Net Income:** $(2.88) million, a significant decrease from $22.09 million in Q1 2024. - **Profit Margins:** Negative net margin of -4.97% in Q1 2025, compared to a positive 43.48% in Q1 2024. - **Cash Flow:** Negative operating cash flow of $(30.17) million, compared to $(15.47) million in Q1 2024. - **Earnings Changes:** Significant decrease in net income, primarily due to changes in fair value of earn-out liabilities and other non-operating items. **Quarterly Performance Discussion:** - **Revenue Growth:** Driven by higher management/advisory fees and distributions from investments. - **Expense Management:** Increase in operating expenses, particularly compensation and employee benefits, and non-compensation expenses. - **Market Trends:** Volatile market conditions impacted investment performance and client inflows. - **Uncertainties:** Geopolitical tensions and economic slowdowns pose risks to future performance. **Future Operations Impact:** - **Strategic Initiatives:** Continued focus on cost rationalization and deployment of raised capital. - **Market Conditions:** Monitoring global financial markets and macroeconomic factors. - **Regulatory Environment:** Compliance with evolving regulations and potential impacts on operations. **Summary:** AlTi Global, Inc. reported a mixed quarter with revenue growth but significant declines in net income and cash flow. The company faces challenges from volatile market conditions and geopolitical uncertainties but is implementing strategic initiatives to mitigate risks and enhance future performance.