ALTIMEDIUM SIGNALFINANCIAL10-K

ALTI shows mixed financial performance with solid revenue growth offset by continued substantial losses and declining cash position.

The company demonstrated healthy revenue expansion of 23% while meaningfully improving operating performance, suggesting underlying business momentum. However, the continued large net losses combined with a declining cash position and dramatically reduced current assets raises questions about near-term financial flexibility and capital efficiency.

Comparing 2026-03-31 vs 2025-03-17View on EDGAR →
FINANCIAL ANALYSIS

ALTI delivered solid top-line growth with revenue increasing 23% to $255M, while operational metrics showed improvement with operating losses narrowing and operating cash flow deficits decreasing notably. However, the company continues to burn cash significantly with net losses widening to $119.7M, cash reserves declining to $41.2M, and current assets dropping substantially to just $86K, creating a mixed picture of growth momentum tempered by ongoing profitability and liquidity challenges.

FINANCIAL STATEMENT CHANGES
Capital Expenditure
Cash Flow
-89.6%
$7.7M$806K

Capex reduced 89.6% — investment cycle winding down or capital discipline; may improve near-term free cash flow.

Current Assets
Balance Sheet
-86.2%
$622K$86K

Current assets declined 86.2% — monitor working capital adequacy and short-term liquidity.

Operating Cash Flow
Cash Flow
+38%
-$81.7M-$50.7M

Operating cash flow surged 38% — exceptional cash generation, highest quality earnings signal.

Cash & Equivalents
Balance Sheet
-37.2%
$65.5M$41.2M

Cash declined 37.2% — significant cash burn or deployment; verify adequacy of remaining liquidity runway.

Revenue
P&L
+23.2%
$206.9M$255.0M

Revenue growing 23.2% — solid top-line momentum, watch margins for quality of growth.

Net Income
P&L
-16.2%
-$103.0M-$119.7M

Net income declined 16.2% — review whether driven by operations, interest costs, or non-recurring items.

Operating Income
P&L
+14.9%
-$86.8M-$73.9M

Operating income improving — cost discipline or growing revenue base absorbing fixed costs.

LANGUAGE CHANGES
NEW — 2026-03-31
PRIOR — 2025-03-17
ADDED
Shares beneficially owned by each executive officer, director, and holder of more than 10% of shares have been excluded in that such persons may be deemed to be affiliates.
The registrant had outstanding 107,438,077 shares of Class A Common Stock and 43,235,073 shares of Class B Common Stock (as defined herein) as of March 31, 2026.
Administrators means Matthew Mawhinney and David Soden, employees of Teneo.
Externally-Managed Funds means mutual funds, exchange traded funds, hedge funds, private equity, real estate or other funds managed by a third party.
International Real Estate means the segment, prior to disposal, that included the Company s public and private real estate, and co-investment business.
+7 more — sign up free →
REMOVED
The registrant had outstanding 96,100,040 shares of Class A Common Stock and 46,138,876 shares of Class B Common Stock (as defined herein) as of March 14, 2025.
Cayman Islands Companies Act means the Cayman Islands Companies Act (as revised) of the Cayman Islands, as the same may be amended from time to time.
Domestication means the continuation of Cartesian by way of domestication into a Delaware corporation, with the ordinary shares of Cartesian becoming shares of common stock of the Delaware corporation under the applicable provisions of the Cayman Islands Companies Act and the DGCL; the term includes all matters and necessary or ancillary changes in order to effect such Domestication, including the adoption of the Company s certificate of incorporation consistent with the DGCL and changing the name and registered office of Cartesian.
International Real Estate means the segment that includes the Company s public and private real estate, and co-investment business.
Managed Funds means mutual funds, exchange traded funds, hedge funds, private equity, real estate or other funds.
+7 more — sign up free →
MORE FINANCIAL SIGNALS
CRMHIGHSalesforce significantly increased debt by 71% to $14.4B while simultaneously ac...
2026-03-02
UNHHIGHUNH's operating income plummeted 41% despite 12% revenue growth, indicating seve...
2026-03-02
PFEHIGHPfizer achieved a dramatic 87.3% reduction in total debt from $31.4B to $4.0B, r...
2026-02-26
GILDHIGHGILD dramatically increased R&D spending by 81.5% to $9.1B while introducing new...
2026-02-24
ANALYZE ANY FILING FREE

See what changed in your portfolio's filings

500+ US-listed companies analyzed. Language delta, financial analysis, instant signal scoring.

Try Tracenotes free →