Income statement, balance sheet and cash flow statement for the last 5 fiscal years, taken from the XBRL data AlTi Global, Inc. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
75.7
76.9
221
198
255
Selling and marketing
0.93
1.17
1.89
3.1
3.99
General and administrative
1.52
1.49
10.6
10.2
32.2
Operating expenses
67.9
78.2
269
257
329
Operating income
7.77
-1.32
-48.2
-58.9
-73.9
Interest expense
0.43
14.7
22.1
0.35
Interest income
0.03
0
0
5.21
1.42
Other non-operating income
-0.11
-0.06
-0.1
-4.86
-2.42
Pre-tax income
4.31
-5.47
-42.2
-123
-105
Income tax
0.52
0.53
-0.51
-20.9
18.6
Income from continuing operations
104
-31
-88.3
Net income to minority interests
-0.15
-0.11
-146
-71.3
Net income
3.94
-5.89
-166
-103
-120
EBITDA
9.82
1.02
-31.2
-44.5
-55.5
EPS, basic
566.27
-839.87
-2.70
-1.59
EPS, diluted
566.27
-839.87
-2.70
-1.59
Shares, basic (weighted)
0.01
0.01
61.4
79.7
99.9
Shares, diluted (weighted)
0.01
0.01
116
79.7
99.9
Balance sheet
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
8.04
7.13
15.3
64.4
41.2
Other current assets
0.07
0
Total current assets
0.62
0.09
Property, plant and equipment
0.98
2.53
16
17.7
Lease right-of-use assets
10.1
48.3
50.4
46.7
Goodwill
22.2
531
362
378
386
Intangible assets
20.6
436
470
436
Total assets
346
92
1,266
1,256
1,176
Total current liabilities
0.18
8
Total liabilities
35.4
74.1
484
286
302
Total debt
21.2
186
0
0.88
Paid-in capital
0
0
537
653
667
Retained earnings
-34.7
0
-194
-297
-418
Treasury stock
0
0
Other comprehensive income
-1.08
9.16
-1.57
4.98
Shareholders' equity
-34.7
17.5
352
658
600
Minority interests
0.32
430
312
275
Total equity
-34.7
1,014
782
970
875
Total liabilities and equity
346
92
1,266
1,256
1,176
Cash flow statement
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
3.79
-6
-311
-174
-155
Depreciation and amortization
2.05
2.34
17
14.4
18.4
Stock-based compensation
3.72
46.2
26.3
32.1
Deferred income tax
-0.09
-0.1
-2.22
-23
16.7
Change in receivables
-2.65
1.34
-34.1
38.8
-32.2
Change in payables
2.37
2.28
7.13
-5.7
-0.64
Cash from operations
18.9
6.86
-81.7
-50.7
-51.4
Capital expenditures
-0
-0.16
-0.33
-7.56
-0.81
Acquisitions
0
0
0
-1.82
0
Purchases of investments
-345
-349
Cash from investing
-2.49
-7.23
-133
-75.7
13.7
Debt issued
6.5
12.3
224
32.3
0.42
Debt repaid
-7.06
-2.81
-97.8
-221
-0.29
Stock issued
338
0
0
94.7
0
Share buybacks
-4.22
0
0
Dividends paid
0
0
-3.37
-0.01
0
Cash from financing
-11.9
-0.35
36
174
12
Exchange rate effect
-0.19
2.79
-0.67
Net change in cash
4.47
-0.91
-176
47.2
-26.9
Free cash flow
18.9
6.7
-82
-58.2
-52.2
Income taxes paid
0.62
0.61
0.8
1.5
2.32
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $3.13 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Operating margin
-22.2%
Operating income / revenue.
EBITDA margin
-15.4%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
-35.8%
Pre-tax income / revenue.
Net margin
-40.9%
Net income / revenue.
FCF margin
0.4%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
0.7%
Cash from operations / revenue.
Return on equity (ROE)
-18.5%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-10.2%
Net income / average total assets.
Return on invested capital (ROIC)
-8.2%
Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
Stock-based pay / revenue
12.8%
Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue
0.3%
Capital expenditures / revenue.
D&A / revenue
6.8%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
28.5%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
49.1%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y
-8.9%
Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y
224.7%
Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y
-6.3%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
133.9%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y
25.3%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
2,325.0%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Debt / equity
0.02x
Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets
1.1%
Total debt / total assets.
Liabilities / assets
21.5%
Total liabilities / total assets.
Net debt
-$18.9M
Total debt - cash - short-term investments. Negative means more cash than debt.
Capital expenditures / cash from operations, when that is positive.
Per share
Metric
Value
How it is calculated
EPS, diluted
-$1.02
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share
$2.50
Revenue / diluted weighted shares.
FCF per share
$0.01
Free cash flow / diluted weighted shares.
Operating cash flow per share
$0.02
Cash from operations / diluted weighted shares.
Book value per share
$5.52
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/S
1.76x
Market cap / revenue.
P/B
0.80x
Market cap / shareholders' equity. Only when equity is positive.
P/FCF
395x
Market cap / free cash flow. Only when free cash flow is positive.
P/OCF
247x
Market cap / cash from operations, when positive.
EV/Sales
1.70x
Enterprise value / revenue.
EV/FCF
379x
Enterprise value / free cash flow, when both are positive.
FCF yield
0.3%
Free cash flow / market cap.
Earnings yield
-23.2%
Net income / market cap (the inverse of P/E).
What was AlTi Global, Inc.'s revenue in fiscal 2025?
AlTi Global, Inc. reported revenue of $255.0M for fiscal 2025, 28.5% higher than the year before.
Was AlTi Global, Inc. profitable in fiscal 2025?
No. It reported a net loss of $119.7M.
How much free cash flow did AlTi Global, Inc. generate in fiscal 2025?
Cash from operations of $51.4M minus capital expenditures of $806.0K left free cash flow of -$52.2M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.