Financials AlTi Global, Inc.

Equities

ALTI

US02157E1064

Investment Management & Fund Operators

End-of-day quote Nasdaq Other stock markets 06:00:00 2024-06-30 pm EDT			5-day change	1st Jan Change
4.92 ^USD	-5.57%		-0.20%	-43.84%

May. 15	AlTi Global, Inc. announced that it has received $450 million in funding from Allianz X GmbH, Constellation Wealth Capital, LLC	CI
May. 10	AlTi Global, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Valuation

Fiscal Period: December	2022	2023	2024	2025	2026
Capitalization ¹	376.4	567.4	353	-	-
Enterprise Value (EV) ¹	376.4	567.4	353	353	353
P/E ratio	48.6 x	-3.15 x	27.3 x	10.5 x	24.6 x
Yield	-	-	-	-	-
Capitalization / Revenue	-	2.26 x	1.54 x	1.32 x	1.21 x
EV / Revenue	-	2.26 x	1.54 x	1.32 x	1.21 x
EV / EBITDA	-	19.8 x	9.78 x	4.39 x	4.01 x
EV / FCF	-	-	-	-	-
FCF Yield	-	-	-	-	-
Price to Book	-	-	-	-	-
Nbr of stocks (in thousands)	38,696	64,771	71,742	-	-
Reference price ²	9.727	8.760	4.920	4.920	4.920
Announcement Date	4/17/23	3/15/24	-	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2022	2023	2024	2025	2026
Net sales ¹	-	250.9	229	267	292
EBITDA ¹	-	28.63	36.1	80.4	88
EBIT ¹	-	11.59	-16.7	85.1	99.6
Operating Margin	-	4.62%	-7.29%	31.87%	34.11%
Earnings before Tax (EBT) ¹	-	-327.2	11.1	73.1	87.6
Net income ¹	8.779	-170.6	20.9	55.7	66.7
Net margin	-	-67.99%	9.13%	20.86%	22.84%
EPS ²	0.2000	-2.780	0.1800	0.4700	0.2000
Free Cash Flow	-	-	-	-	-
FCF margin	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-
Dividend per Share	-	-	-	-	-
Announcement Date	4/17/23	3/15/24	-	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2
Net sales ¹	58.05	51.88	49.24	91.71	50.81	51.8	55.6	70.6	66	61
EBITDA ¹	10.84	11.07	-2.989	9.709	6.818	2.9	9.4	17.2	20.2	17.7
EBIT ¹	6.318	7.418	-6.665	4.518	-14.67	-15.3	-1.4	14.6	21.6	16.5
Operating Margin	10.88%	14.3%	-13.53%	4.93%	-28.87%	-29.54%	-2.52%	20.68%	32.73%	27.05%
Earnings before Tax (EBT) ¹	-85.64	14	-172.9	-82.7	22.11	-18.3	-4.4	11.6	18.6	13.5
Net income ¹	-68.74	43.44	-88.72	-56.55	29.35	-13.9	-3.3	8.8	14.2	10.3
Net margin	-118.42%	83.73%	-180.17%	-61.66%	57.76%	-26.83%	-5.94%	12.46%	21.52%	16.89%
EPS	-	-	-	-	-	-	-	-	-	-
Dividend per Share	-	-	-	-	-	-	-	-	-	-
Announcement Date	5/22/23	8/14/23	11/14/23	3/15/24	5/10/24	-	-	-	-	-

¹USD in Million

Estimates

Balance Sheet Analysis

Fiscal Period: December	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-
Net Cash position	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-
Free Cash Flow	-	-	-	-	-
ROE (net income / shareholders' equity)	-	-	-	-	-
ROA (Net income/ Total Assets)	-	-	-	-	-
Assets ¹	-	-	-	-	-
Book Value Per Share	-	-	-	-	-
Cash Flow per Share	-	-	-	-	-
Capex	-	-	-	-	-
Capex / Sales	-	-	-	-	-
Announcement Date	4/17/23	3/15/24	-	-	-

¹USD in Million

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Ratings for AlTi Global, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

4.92 USD

Average target price

9 USD

Spread / Average Target

+82.93%

Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

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