AlTi Global, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 04:58 pm
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AlTi Global, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 49.24 million compared to USD 18.58 million a year ago. Net loss was USD 88.72 million compared to USD 0.674 million a year ago. Basic loss per share from continuing operations was USD 1.4. Diluted loss per share from continuing operations was USD 1.4.
For the nine months, revenue was USD 159.17 million compared to USD 57.45 million a year ago. Net loss was USD 114.02 million compared to net income of USD 1.19 million a year ago. Basic loss per share from continuing operations was USD 1.89. Diluted loss per share from continuing operations was USD 1.89.
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. It operates through two segments: Wealth Management and Strategic Alternatives. Within its Wealth Management segment, services provided principally consist of investment management and advisory services, trusts and administrative services, and family office services. The wealth management client base includes high net worth individuals, families, single family offices, foundations, and endowments globally. In its Strategic Alternatives segment, it assists its investors with alternative investments and 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.
ALTI GLOBAL, INC. 
