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Condensed Consolidated Statement of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenue        
Total income $ 57,238 $ 51,809 $ 166,701 $ 146,919
Operating Expenses        
Compensation and employee benefits 41,450 38,142 125,371 105,105
Systems, technology and telephone 4,302 4,578 14,654 13,197
Sales, distribution and marketing 917 691 2,572 2,450
Occupancy costs 3,909 3,661 10,662 10,634
Professional fees 11,363 6,731 35,902 21,054
Travel and entertainment 897 1,022 2,695 3,517
Depreciation and amortization 4,714 4,588 13,682 10,877
General, administrative and other 18,183 1,909 23,647 5,487
Total operating expenses 85,735 61,322 229,185 172,321
Total operating income (loss) (28,497) (9,513) (62,484) (25,402)
Other Income (Expenses)        
Impairment loss on goodwill and intangible assets (35,000) (74,267) (35,000) (74,267)
Gain (loss) on investments 3,737 5,594 2,867 15,618
Gain (loss) on TRA (945) (2,536) (1,389) 3,786
Gain (loss) on preferred stock tranche liability 500 1,140 2,290 1,140
Gain (loss) on earnout liabilities 4,741 4,413 9,939 41,922
Interest expense (126) (5,188) (279) (14,879)
Interest income 316 2,638 1,127 3,388
Other income (expense) (1,649) 831 (2,399) 818
Income (loss) before taxes from continuing operations (56,923) (76,888) (85,328) (47,876)
Income tax (expense) benefit from continuing operations (30,086) 9,484 (23,705) 9,947
Net income (loss) from continuing operations (87,009) (67,404) (109,033) (37,929)
Net income (loss) from discontinued operations, net of income tax (19,945) (47,905) (30,846) (64,663)
Net income (loss) (106,954) (115,309) (139,879) (102,592)
Net (loss) income attributed to non-controlling interests in subsidiaries from continuing operations (22,819) (42,767) (33,292) (53,336)
Net (loss) income attributed to non-controlling interests in subsidiaries from discontinued operations 0 0 0 0
Net income (loss) attributable to AlTi Global, Inc. $ (84,135) $ (72,542) $ (106,587) $ (49,256)
Basic:        
Continuing operations (in dollars per share) $ (0.69) $ (0.13) $ (0.97) $ (0.04)
Discontinued operations (in dollars per share) (0.20) (0.55) (0.31) (0.86)
Diluted:        
Continuing operations (in dollars per share) (0.69) (0.13) (0.97) (0.04)
Discontinued operations (in dollars per share) $ (0.20) $ (0.55) $ (0.31) $ (0.86)
Weighted Average Shares of Class A Common Stock Outstanding        
Basic (in shares) 102,091,550 86,399,551 98,990,021 74,993,835
Diluted (in shares) 102,091,550 86,399,551 98,990,021 74,993,835
Management/advisory fees        
Revenue        
Total income $ 51,680 $ 48,101 $ 145,692 $ 136,436
Incentive fees        
Revenue        
Total income 2,435 88 2,985 304
Distributions from investments        
Revenue        
Total income 3,081 3,562 17,955 9,972
Other fees/income        
Revenue        
Total income $ 42 $ 58 $ 69 $ 207