Filing Flows › AlTi Global (ALTI) › Q1 2025
AlTi Global (ALTI) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 12, 2025
AlTi Global (ALTI) reported revenue of $57.1M for the first quarter 2025 (Q1 2025), +12% from a year earlier and +11% from the quarter before. Operating margin was -23.6%, net loss $2.9M (5.0% of revenue).
AlTi Global, Q1 2025: revenue $57.1M (+12% year over year), operating margin -23.6%, net loss $2.9M, operating cash flow −$30.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $57.1M | +11% | +12% |
| Operating profit | −$13.5M | — | — |
| Net earnings | −$2.9M | — | — |
| Operating cash flow | −$30.2M | — | — |
What changed
Revenue was $57.1M in Q1 2025, up 12% year over year and up 11% from the previous quarter.
Operating costs exceeded revenue by $13.5M, an operating margin of -23.6%. Total costs grew 8% against revenue growth of 12%. The fastest-growing cost line was General & admin (+47%). The quarter ended with a net loss of $2.9M, narrower than the previous quarter's $71.7M loss. Minority interests bore $4.8M of it: to shareholders the quarter was a profit of $1.9M. Non-operating items added $9.0M, -199% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$30.2M. Non-cash charges added back $4.3M of depreciation and amortization and $7.4M of share-based compensation. Working capital and other items used $39.1M. Capital expenditures of $782K exceeded it, leaving free cash flow of −$31.0M.
Questions
What was AlTi Global's revenue in the first quarter 2025?
AlTi Global (ALTI) reported revenue of $57.1M for the first quarter 2025 (Q1 2025), +12% from a year earlier and +11% from the quarter before.
Was AlTi Global profitable in the first quarter 2025?
Operating loss was $13.5M (-23.6% of revenue) and net loss $2.9M.
Source: AlTi Global 10-Q on SEC EDGAR.