Financial Analysis
Filing-based analysis. Market pricing is not included. Fundamentals from SEC filings; economic data from FRED and the BLS. About our data
AlTi Global, Inc. ALTI
Filing evidence summary
Mixed evidenceCoverage 5/5 core metricsLatest reported free cash flow was -$52M.
Backward-looking filed evidence under visible rules - not a rating, forecast or investment advice. Missing data is never scored.
Evidence signals
- Free cash flow was negative
Latest reported free cash flow was -$52M.
Why this surfaced
Free cash flow = operating cash flow minus capital expenditures; positive is supporting evidence, not a valuation conclusion. Period end 2025-12-31.
- 3 filing risk checks flagged
Flagged areas: Solvency & liquidity, Dilution.
Why this surfaced
The full financial analysis shows each value, threshold, and sector limitation.
- Operating margin was stable
Operating margin changed +0.7 percentage points from the prior annual period.
Why this surfaced
Direction threshold: more than +1 percentage point constructive; below -1 point caution. Period end 2025-12-31.
- Revenue expanded
Latest reported annual revenue changed +28.5% from the prior reported annual observation.
Why this surfaced
Direction threshold: above +2% constructive; below -2% caution; otherwise monitor. This is not labeled one-year growth when filing periods have a gap. Period end 2025-12-31.
Core trend metrics
Hover a tile for its exact definition; the Statements tab carries per-cell filing citations.
Where to look next
Risk checks
- Solvency & liquidity
- Dilution
Financial movement
- Cash→ flat
- Long-term debt→ flat
- Inventory→ flat
- Receivables→ flat
- Current assets→ flat
Source & freshness
- Source
- SEC EDGAR XBRL
- Fetched
- 2026-09-06
- Latest period end
- 2025-12-31
- Filings
- EDGAR ↗
Reported segment mix
figures as filed · share of the filed sum · change vs the prior period in the same filing- Management Advisory Fees$198M77.8%+8.7% yoy
- Incentive Fees$34.7M13.6%+966.0% yoy
- Distributions From Investments$20.8M8.2%+69.4% yoy
- Other Fees Income$1M0.4%+333.3% yoy
Members sum to the consolidated $255M for this period.
- Management Advisory Fees$51.9M71.0%+15.9% yoy
- Distributions From Investments$21.3M29.1%+74.2% yoy
- Incentive Fees-$89K-0.1%-192.7% yoy
- Other Fees Income$31K0.0%+416.7% yoy
Change is against the same quarter a year earlier, as reported in the same 10-Q.
Source: SEC DERA Financial Statement and Notes data sets. Dimensional XBRL facts on the business-segment, product/service and geographic axes; the engine keeps the accession of every figure. Descriptive and educational, not advice.
Peer percentiles
latest fiscal year ending 2025-12-31 · among 4,104 US-listed filers · 898 in Financials| Metric | Value | vs all filers | vs sector |
|---|---|---|---|
Revenue latest fiscal-year revenue as filed | $255M | 36thof 3,301 middle third | 43rdof 541 middle third |
Revenue growth latest fiscal-year revenue vs the prior fiscal year | 28.5% | 84thof 3,135 top third | 83rdof 518 top third |
Operating margin operating income ÷ revenue | -29.0% | 24thof 2,819 bottom third | 25thof 234 bottom third |
Net margin net income ÷ revenue | -47.0% | 19thof 3,263 bottom third | 15thof 534 bottom third |
Free-cash-flow margin (operating cash flow − |capex|) ÷ revenue | -20.5% | 20thof 2,679 bottom third | 16thof 307 bottom third |
Return on equity net income ÷ stockholders' equity (positive equity only) | -19.9% | 28thof 3,577 bottom third | 10thof 774 bottom third |
Cash-flow accrual ratio (net income − operating cash flow) ÷ average total assets · lower is ranked higher | -5.6% | 57thof 3,291 middle third | 83rdof 761 top third |
Balance-sheet accrual ratio change in net operating assets ÷ average net operating assets · lower is ranked higher | -8.2% | 76thof 2,805 top third | 82ndof 694 top third |
Each filer's latest fiscal year as stored by the nightly crawl; fiscal year ends differ across the universe. A metric ranks only filers for which it is computable from filed facts. Ties split; a rank reads "better than N% of filers" in the metric's own direction. Descriptive and educational, not a rating.
Earnings quality
latest fiscal year ending 2025-12-31 · accruals and cash conversion as filedPer fiscal year from filed facts: cash conversion = operating cash flow / net income (net income > 0); cash-flow accrual ratio = (net income - operating cash flow) / average total assets; balance-sheet accrual ratio = change in net operating assets / average net operating assets, NOA = (assets - cash) - (liabilities - debt). Descriptive; a missing input yields a missing ratio. High accrual ratios and cash conversion well below one are the measures the accruals literature associates with less persistent earnings; they are screens to read the cash-flow statement with, not conclusions. The per-year series is part of Pro risk analysis.
Point-in-time ledger
first-reported vs latest filing · periods since 2020-01-01 · 54 changed periods, 30 largest shown| Line item | Period | First reported | Latest filing | Change | Filings |
|---|---|---|---|---|---|
| Cash CashAndCashEquivalentsAtCarryingValue | balance at 2022-12-31 | $85.5K 10-K 2023-04-17 | $7.13M 10-K 2025-03-17 | +8236.5% | first · latest · 6 filings carry it |
| Goodwill Goodwill | balance at 2022-12-31 | $25.5M 10-Q 2023-05-22 | $531M 10-K 2025-03-17 | +1983.5% | first · latest · 8 filings carry it |
| Cash CashAndCashEquivalentsAtCarryingValue | balance at 2021-12-31 | $551K 10-K 2022-03-18 | $8.04M 10-K 2024-03-22 | +1358.5% | first · latest · 6 filings carry it |
| Stockholders' equity StockholdersEquity | balance at 2021-03-31 | $5M 10-Q 2021-05-24 | -$38.6M 10-Q 2022-11-04 | -871.8% | first · latest · 6 filings carry it |
| Operating income OperatingIncomeLoss | fiscal year 2021-12-31 | -$1.01M 10-K 2022-03-18 | $7.77M 10-K 2024-03-22 | +867.3% | first · latest · 3 filings carry it |
| Cash CashAndCashEquivalentsAtCarryingValue | balance at 2022-09-30 | $464K 10-Q 2022-11-04 | $4.48M 10-Q 2023-11-14 | +864.9% | first · latest |
| Operating income OperatingIncomeLoss | quarter 2022-06-30 | -$171K 10-Q 2022-08-15 | $1.08M 10-Q 2023-08-14 | +730.0% | first · latest |
| Cash CashAndCashEquivalentsAtCarryingValue | balance at 2022-06-30 | $565K 10-Q 2022-08-15 | $4.51M 10-Q 2023-08-14 | +697.6% | first · latest |
| Stockholders' equity StockholdersEquity | balance at 2021-06-30 | $5M 10-Q 2021-08-10 | -$29.4M 10-Q 2022-11-04 | -687.1% | first · latest · 4 filings carry it |
| Net income NetIncomeLoss | fiscal year 2021-12-31 | -$1.04M 10-K 2022-03-18 | $3.94M 10-K 2024-03-22 | +480.4% | first · latest · 3 filings carry it |
| Net income NetIncomeLoss | quarter 2022-06-30 | -$259K 10-Q 2022-08-15 | $965K 10-Q 2023-08-14 | +472.4% | first · latest |
| Operating income OperatingIncomeLoss | quarter 2022-03-31 | -$479K 10-Q 2022-05-13 | $1.17M 10-Q 2023-05-22 | +345.3% | first · latest |
| Total liabilities Liabilities | balance at 2022-12-31 | $26.9M 10-K 2023-04-17 | $74.1M 10-K 2024-03-22 | +175.5% | first · latest · 5 filings carry it |
| Net income NetIncomeLoss | fiscal year 2022-12-31 | $8.78M 10-K 2023-04-17 | -$5.88M 10-K 2025-03-17 | -167.0% | first · latest · 3 filings carry it |
| Stockholders' equity StockholdersEquity | balance at 2022-12-31 | -$26.8M 10-K 2023-04-17 | $17.5M 10-K 2024-03-22 | +165.4% | first · latest · 5 filings carry it |
| Net income NetIncomeLoss | quarter 2022-09-30 | $8.22M 10-Q 2022-11-04 | -$674K 10-Q 2023-11-14 | -108.2% | first · latest |
| Net income NetIncomeLoss | quarter 2022-03-31 | $9.92M 10-Q 2022-05-13 | $899K 10-Q 2023-05-22 | -90.9% | first · latest |
| Diluted shares WeightedAverageNumberOfDilutedSharesOutstanding | fiscal year 2023-12-31 | 61,396,692 shares 10-K 2025-03-17 | 115,815,247 shares 10-K 2026-03-31 | +88.6% | first · latest |
| Operating income OperatingIncomeLoss | fiscal year 2022-12-31 | -$8.86M 10-K 2023-04-17 | -$1.32M 10-K 2025-03-17 | +85.1% | first · latest · 3 filings carry it |
| Cash CashAndCashEquivalentsAtCarryingValue | balance at 2023-03-31 | $17.8M 10-Q 2023-05-22 | $4.48M 10-Q 2024-05-10 | -74.8% | first · latest |
| Total assets Assets | balance at 2022-12-31 | $350M 10-K 2023-04-17 | $92M 10-K 2024-03-22 | -73.7% | first · latest · 5 filings carry it |
| Operating income OperatingIncomeLoss | quarter 2023-06-30 | -$41.1M 10-Q 2023-08-14 | -$13.1M 10-Q 2024-08-09 | +68.3% | first · latest |
| Diluted shares WeightedAverageNumberOfDilutedSharesOutstanding | quarter 2025-03-31 | 94,883,803 shares 10-Q 2025-05-12 | 147,164,068 shares 10-Q 2026-05-11 | +55.1% | first · latest |
| Operating income OperatingIncomeLoss | fiscal year 2023-12-31 | -$99.2M 10-K 2025-03-17 | -$48.2M 10-K 2026-03-31 | +51.4% | first · latest |
| Operating income OperatingIncomeLoss | quarter 2024-09-30 | -$16M 10-Q 2024-11-12 | -$9.51M 10-Q 2025-11-13 | +40.6% | first · latest |
| Depreciation and amortization DepreciationAndAmortization | fiscal year 2023-12-31 | $17M 10-K 2025-03-17 | $10.4M 10-K 2026-03-31 | -39.0% | first · latest |
| Operating income OperatingIncomeLoss | quarter 2025-03-31 | -$13.5M 10-Q 2025-05-12 | -$8.41M 10-Q 2026-05-11 | +37.6% | first · latest |
| Operating income OperatingIncomeLoss | fiscal year 2024-12-31 | -$86.8M 10-K 2025-03-17 | -$58.9M 10-K 2026-03-31 | +32.1% | first · latest |
| Operating income OperatingIncomeLoss | quarter 2022-09-30 | -$298K 10-Q 2022-11-04 | -$378K 10-Q 2023-11-14 | -26.7% | first · latest |
| Operating income OperatingIncomeLoss | quarter 2025-06-30 | -$30.1M 10-Q 2025-08-11 | -$25.6M 10-Q 2026-08-10 | +15.2% | first · latest |
First filing reporting each period vs the latest filing carrying it (10-K and 10-Q only, periods since 2020, the extractor's winning tag per concept); a change under 0.5% is treated as rounding. A change can be a restatement, a reclassification or a re-tagging in a later comparative column; the two filings are linked so the reader can see which. Descriptive, not a verdict.
Notes by disclosure type
Not available for ALTI yet: no footnote text blocks on file for this filer in the ingested DERA files.
Fundamentals from SEC EDGAR. Scores, the DCF, and every model shown are educational analysis, not investment advice or price predictions.