AlTi Global Inc
For the period ended Jun 30, 2024. Filed Aug 9, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 9, 2024
ALTI$2.47+5.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statement of Financial Position (Unaudited)
| (Dollars in Thousands, except share data) | As of June 30, 2024 | As of December 31, 2023 |
|---|---|---|
| Assets | ||
| Cash and cash equivalents | $59,984 | $15,348 |
| Fees receivable, net (includes $830 and $16,069 of related party receivables, respectively) | 32,381 | 70,421 |
| Investments at fair value | 162,234 | 165,894 |
| Equity method investments | 7,504 | 14,194 |
| Intangible assets, net of accumulated amortization | 505,233 | 435,677 |
| Goodwill | 440,997 | 411,634 |
| Operating lease right-of-use assets | 53,854 | 48,313 |
| Other assets, net | 58,709 | 48,182 |
| Contingent consideration receivable | 1,834 | — |
| Assets held for sale | — | 56,634 |
| Total assets | $1,322,730 | $1,266,297 |
| Liabilities | ||
| Accounts payable and accrued expenses | $25,350 | $37,156 |
| Accrued compensation and profit sharing | 30,087 | 61,768 |
| Accrued member distributions payable | 3,348 | 7,271 |
| Warrant liabilities, at fair value | 2,934 | — |
| Earn-out liability, at fair value | 49,124 | 63,444 |
| TRA liability (includes $6,911 and $13,233 at fair value, respectively) | 24,911 | 17,607 |
| Delayed share purchase agreement | — | 1,818 |
| Earn-in consideration payable | 969 | 1,830 |
| Operating lease liabilities | 64,281 | 56,123 |
| Debt, net of unamortized deferred financing cost | 163,986 | 186,353 |
| Deferred tax liability, net | 12,897 | 14,109 |
| Deferred income | 221 | 66 |
| Other liabilities, net | 21,101 | 22,467 |
| Liabilities held for sale | — | 13,792 |
| Total liabilities | $399,209 | $483,804 |
| Commitments and contingencies (Note 19) | ||
| Mezzanine Equity | ||
| Series C Redeemable Cumulative Convertible Preferred stock, $0.0001 par value, 150,000 authorized, 150,000 shares issued and outstanding at June 30, 2024, and 0 shares authorized, 0 issued and outstanding at December 31, 2023 | 153,442 | — |
| Shareholders' Equity | ||
| Common stock, Class A, $0.0001 par value, 875,000,000 authorized, 72,167,195 and 65,110,875 issued and outstanding, respectively | 7 | 7 |
| Common stock, Class B, $0.0001 par value, 150,000,000 authorized, 47,978,953 and 53,219,713 issued and outstanding, respectively | — | — |
| Additional paid-in capital | 549,998 | 536,509 |
| Retained earnings (accumulated deficit) | (170,172) | (193,527) |
| Accumulated other comprehensive income (loss) | 6,942 | 9,155 |
| Total AlTi Global, Inc. shareholders' equity | 540,217 | 352,144 |
| Non-controlling interest in subsidiaries | 383,304 | 430,349 |
| Total shareholders' equity | 923,521 | 782,493 |
| Total liabilities, mezzanine equity, and shareholders' equity | $1,322,730 | $1,266,297 |
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