AlTi Global, Inc.
For the period ended Dec 31, 2024. Filed Mar 17, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 17, 2025
ALTI$2.47+5.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 1.
| (Dollars in Thousands, except share data) | As of December 31, 2024 | As of December 31, 2023 |
|---|---|---|
| Assets | ||
| Cash and cash equivalents | $65,494 | $15,348 |
| Fees receivable, net (includes $920 and $16,069 of related party receivables, respectively) | 33,616 | 70,421 |
| Investments at fair value | 148,674 | 165,894 |
| Equity method investments | 27,517 | 14,194 |
| Intangible assets, net of accumulated amortization | 469,563 | 435,677 |
| Goodwill | 377,842 | 411,634 |
| Operating lease right-of-use assets | 50,436 | 48,313 |
| Deferred tax asset, net | 21,505 | — |
| Other assets, net | 59,797 | 48,182 |
| Contingent consideration receivable | 1,389 | — |
| Assets held for sale | — | 56,634 |
| Total assets | $1,255,833 | $1,266,297 |
| Liabilities | ||
| Accounts payable and accrued expenses | $33,976 | $37,156 |
| Accrued compensation and profit sharing | 60,074 | 61,768 |
| Accrued member distributions payable | 3,355 | 7,271 |
| Earn-out liabilities, at fair value | 64,639 | 63,444 |
| TRA liability (includes $9,378 and $13,233 at fair value, respectively) | 28,765 | 17,607 |
| Preferred stock tranche liability, at fair value | 3,940 | — |
| Delayed share purchase agreement | — | 1,818 |
| Earn-in consideration payable | 932 | 1,830 |
| Operating lease liabilities | 63,055 | 56,123 |
| Debt, net of unamortized deferred financing cost | — | 186,353 |
| Deferred tax liability, net | 10,977 | 14,109 |
| Other liabilities, net | 15,925 | 22,533 |
| Liabilities held for sale | — | 13,792 |
| Total liabilities | $285,638 | $483,804 |
| Commitments and contingencies (Note 20) | ||
| Mezzanine Equity | ||
| Series A Redeemable Cumulative Convertible Preferred stock, $0.0001 par value, 795,947 shares authorized 140,000 shares issued and outstanding at December 31, 2024, 0 shares authorized, 0 issued and outstanding at December 31, 2023 | 142,858 | — |
| Series C Redeemable Cumulative Convertible Preferred stock, $0.0001 par value, 150,000 shares authorized, 150,000 shares issued and outstanding at December 31, 2024, and 0 shares authorized, 0 issued and outstanding at December 31, 2023 | 160,808 | — |
| 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 and 0 issued and outstanding, respectively | — | — |
| Additional paid-in capital | 652,857 | 536,509 |
| Retained earnings (accumulated deficit) | (296,561) | (193,527) |
| Accumulated other comprehensive income (loss) | (1,569) | 9,155 |
| Total AlTi Global, Inc. shareholders’ equity | 658,402 | 352,144 |
| Non-controlling interest in subsidiaries | 311,793 | 430,349 |
| Total shareholders’ equity | 970,195 | 782,493 |
| Total liabilities, mezzanine equity, and shareholders’ equity | $1,255,833 | $1,266,297 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.