AlTi Global, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2024
November 08, 2024 at 08:07 am EST
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AlTi Global, Inc. reported earnings results for the third quarter ended September 30, 2024. For the third quarter, the company reported revenue was USD 53.34 million compared to USD 48.19 million a year ago. Net loss was USD 68.64 million compared to USD 89.67 million a year ago.
Basic loss per share from continuing operations was USD 0.88 compared to USD 1.41 a year ago. Diluted loss per share from continuing operations was USD 0.88 compared to USD 1.41 a year ago.
AlTi Global, Inc. is an independent global wealth and alternatives manager providing entrepreneurs, multi-generational families, institutions, and emerging leaders with fiduciary capabilities as well as alternative investment strategies and advisory services. In its Wealth & Capital Solutions segment, the Company provides holistic solutions for its wealth management and alternative investments clients through its full spectrum of wealth and asset management services, including discretionary investment management services, non-discretionary investment advisory services, trust services, administration services, and family office services. In its International Real Estate segment, the Company assists its investors with real estate co-investments by providing access to differentiated opportunities in these areas as well as structuring and selecting partners with a proven track record in alternative asset classes, with risk-adjusted return characteristics.
