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AlTi Global Inc (ALTI) Q3 2024 Earnings Call Highlights: Strong Revenue Growth Amidst ... [Yahoo! Finance]

AlTi Global, Inc. - Class A (ALTI) 
US:NASDAQ Investor Relations: altairnano.com/investors
Company Research Source: Yahoo! Finance
Recurring Fees: 97% of revenues in the quarter were from recurring fees. Adjusted EBITDA: $9.6 million, an increase of $12.6 million compared to Q3 2023. Core Wealth and Capital Solutions Adjusted EBITDA: $13.4 million, up 62% from the same quarter in 2023. Net Income Before Tax (Corporate Activities): $2.1 million for Q3 2024, an increase of $6.2 million year-over-year. GAAP Net Loss: $111.4 million, including $116.1 million of goodwill and intangible asset impairment charges. Normalized Operating Expenses: $47.2 million, compared to $51.5 million in Q3 2023. Cash and Debt: $222 million in cash and $128 million in debt at quarter end. Warning! GuruFocus has detected 4 Warning Signs with ALTI. Release Date: November 08, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript AlTi Global Inc ( NASDAQ:ALTI ) reported a 13% growth in assets under management and advisement over the trailing 12-month period, reaching $77 Show less Read more
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