Filing Flows › AlTi Global (ALTI) › Q4 2024
AlTi Global (ALTI) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 17, 2025
AlTi Global (ALTI) reported revenue of $51.5M for the fourth quarter 2024 (Q4 2024), -42% from a year earlier and -0.7% from the quarter before. Operating margin was -80.1%, net loss $71.7M (139.3% of revenue).
AlTi Global, Q4 2024: revenue $51.5M (-42% year over year), operating margin -80.1%, net loss $71.7M, operating cash flow −$56K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $51.5M | -0.7% | -42% |
| Operating profit | −$41.2M | — | — |
| Net earnings | −$71.7M | — | — |
| Operating cash flow | −$56K | — | — |
What changed
Revenue was $51.5M in Q4 2024, down 42% year over year and down 1% from the previous quarter.
Operating costs exceeded revenue by $41.2M, an operating margin of -80.1%. Total costs fell 13% while revenue fell 42%. The fastest-growing cost line was Sales & marketing (+66%). The quarter ended with a net loss of $71.7M, narrower than the previous quarter's $115.3M loss. Minority interests bore $14.0M of it: to shareholders the quarter was a loss of $57.8M. Net interest and other expense of $41.4M was the main reason.
Operating cash flow was −$56K. Non-cash charges added back $3.5M of depreciation and amortization and $7.0M of share-based compensation. Working capital and other items added $61.1M. Capital expenditures of $1.8M exceeded it, leaving free cash flow of −$1.8M.
Questions
What was AlTi Global's revenue in the fourth quarter 2024?
AlTi Global (ALTI) reported revenue of $51.5M for the fourth quarter 2024 (Q4 2024), -42% from a year earlier and -0.7% from the quarter before.
Was AlTi Global profitable in the fourth quarter 2024?
Operating loss was $41.2M (-80.1% of revenue) and net loss $71.7M.
Source: AlTi Global 10-K on SEC EDGAR.