AlTi Global Inc
For the period ended Sep 30, 2024. Filed Nov 12, 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.
Sep 30, 2024 · Filed Nov 12, 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 September 30, 2024 | As of December 31, 2023 |
|---|---|---|
| Assets | ||
| Cash and cash equivalents | $222,138 | $15,348 |
| Fees receivable, net (includes $1,096 and $16,069 of related party receivables, respectively) | 33,763 | 70,421 |
| Investments at fair value | 168,127 | 165,894 |
| Equity method investments | 7,411 | 14,194 |
| Intangible assets, net of accumulated amortization | 479,727 | 435,677 |
| Goodwill | 379,845 | 411,634 |
| Operating lease right-of-use assets | 54,269 | 48,313 |
| Other assets, net | 58,404 | 48,182 |
| Contingent consideration receivable | 2,408 | — |
| Assets held for sale | — | 56,634 |
| Total assets | $1,406,092 | $1,266,297 |
| Liabilities | ||
| Accounts payable and accrued expenses | $19,161 | $37,156 |
| Accrued compensation and profit sharing | 40,634 | 61,768 |
| Accrued member distributions payable | 3,353 | 7,271 |
| Warrant liabilities, at fair value | 5,930 | — |
| Earn-out liabilities, at fair value | 54,795 | 63,444 |
| TRA liability (includes $9,447 and $13,233 at fair value, respectively) | 29,670 | 17,607 |
| Preferred stock tranche liability | 3,400 | — |
| Delayed share purchase agreement | — | 1,818 |
| Earn-in consideration payable | 942 | 1,830 |
| Operating lease liabilities | 65,615 | 56,123 |
| Debt, net of unamortized deferred financing cost | 128,422 | 186,353 |
| Deferred tax liability, net | 558 | 14,109 |
| Deferred income | 93 | 66 |
| Other liabilities, net | 14,025 | 22,467 |
| Liabilities held for sale | — | 13,792 |
| Total liabilities | $366,598 | $483,804 |
| Commitments and contingencies (Note 19) | ||
| Mezzanine Equity | ||
| Series A Redeemable Cumulative Convertible Preferred stock, $0.0001 par value, 795,947 authorized 140,000 shares issued and outstanding at September 30, 2024, 0 shares authorized, 0 issued and outstanding at December 31, 2023 | 141,330 | — |
| Series C Redeemable Cumulative Convertible Preferred stock, $0.0001 par value, 150,000 authorized, 150,000 shares issued and outstanding at September 30, 2024, and 0 shares authorized, 0 issued and outstanding at December 31, 2023 | 157,340 | — |
| Shareholders’ equity | ||
| Common stock, Class A, $0.0001 par value, 875,000,000 authorized, 93,686,980 and 65,110,875 issued and outstanding, respectively | 9 | 7 |
| Common stock, Class B, $0.0001 par value, 150,000,000 authorized, 46,138,876 and 53,219,713 issued and outstanding, respectively | — | — |
| Common stock, Class C Non-Voting, $0.0001 par value, 9,000,000 authorized, 0 issued and outstanding | — | — |
| Additional paid-in capital | 643,828 | 536,509 |
| Retained earnings (accumulated deficit) | (238,810) | (193,527) |
| Accumulated other comprehensive income (loss) | 3,322 | 9,155 |
| Total AlTi Global, Inc. shareholders’ equity | 707,019 | 352,144 |
| Non-controlling interest in subsidiaries | 332,475 | 430,349 |
| Total shareholders’ equity | 1,039,494 | 782,493 |
| Total liabilities, mezzanine equity, and shareholders’ equity | $1,406,092 | $1,266,297 |
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