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Side-by-side financial comparison of AlTi Global, Inc. (ALTI) and Clarus Corp (CLAR). Click either name above to swap in a different company.
AlTi Global, Inc. is the larger business by last-quarter revenue ($86.6M vs $65.4M, roughly 1.3× Clarus Corp). AlTi Global, Inc. runs the higher net margin — -15.1% vs -47.8%, a 32.7% gap on every dollar of revenue. On growth, AlTi Global, Inc. posted the faster year-over-year revenue change (87.0% vs -8.4%). Clarus Corp produced more free cash flow last quarter ($11.6M vs $-52.2M). Over the past eight quarters, AlTi Global, Inc.'s revenue compounded faster (30.6% CAGR vs -2.9%).
Cristal Global is the world's second-largest producer of titanium dioxide and a leading producer of titanium chemicals. It was formed when The National Titanium Dioxide Company Ltd. combined with Millennium Chemicals. The headquarters are in Jeddah, Saudi Arabia. It is a significant shareholder in Bemax, the world’s 5th largest TiO2 feedstock producer.
Clarus Corp is a global designer, manufacturer, and distributor of high-performance outdoor recreation, climbing, camping, and lifestyle products. It manages a portfolio of leading consumer brands, serving outdoor enthusiasts, professional athletes, and retail partners across North America, Europe, and the Asia-Pacific region, with a focus on innovative, durable gear for active lifestyles.
ALTI vs CLAR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $86.6M | $65.4M |
| Net Profit | $-13.1M | $-31.3M |
| Gross Margin | — | 27.7% |
| Operating Margin | -2.1% | -59.6% |
| Net Margin | -15.1% | -47.8% |
| Revenue YoY | 87.0% | -8.4% |
| Net Profit YoY | 75.6% | 52.3% |
| EPS (diluted) | — | $-0.81 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $86.6M | $65.4M | ||
| Q3 25 | $57.2M | $69.3M | ||
| Q2 25 | $53.1M | $55.2M | ||
| Q1 25 | $58.0M | $60.4M | ||
| Q4 24 | $46.3M | $71.4M | ||
| Q3 24 | $51.8M | $67.1M | ||
| Q2 24 | $49.5M | $56.5M | ||
| Q1 24 | $50.8M | $69.3M |
| Q4 25 | $-13.1M | $-31.3M | ||
| Q3 25 | $-84.1M | $-1.6M | ||
| Q2 25 | $-24.4M | $-8.4M | ||
| Q1 25 | $1.9M | $-5.2M | ||
| Q4 24 | $-53.8M | $-65.5M | ||
| Q3 24 | $-72.5M | $-3.2M | ||
| Q2 24 | $-6.4M | $-5.5M | ||
| Q1 24 | $29.7M | $21.9M |
| Q4 25 | — | 27.7% | ||
| Q3 25 | — | 35.1% | ||
| Q2 25 | — | 35.6% | ||
| Q1 25 | — | 34.4% | ||
| Q4 24 | — | 33.4% | ||
| Q3 24 | — | 35.0% | ||
| Q2 24 | — | 36.1% | ||
| Q1 24 | — | 35.9% |
| Q4 25 | -2.1% | -59.6% | ||
| Q3 25 | -49.8% | -4.4% | ||
| Q2 25 | -56.7% | -19.7% | ||
| Q1 25 | -23.3% | -11.2% | ||
| Q4 24 | -42.7% | -70.2% | ||
| Q3 24 | -18.4% | -8.0% | ||
| Q2 24 | -30.2% | -14.4% | ||
| Q1 24 | -28.9% | -9.8% |
| Q4 25 | -15.1% | -47.8% | ||
| Q3 25 | -147.0% | -2.3% | ||
| Q2 25 | -45.9% | -15.3% | ||
| Q1 25 | 3.3% | -8.7% | ||
| Q4 24 | -116.1% | -91.8% | ||
| Q3 24 | -140.0% | -4.7% | ||
| Q2 24 | -12.9% | -9.7% | ||
| Q1 24 | 58.4% | 31.6% |
| Q4 25 | — | $-0.81 | ||
| Q3 25 | — | $-0.04 | ||
| Q2 25 | $-0.33 | $-0.22 | ||
| Q1 25 | $-0.04 | $-0.14 | ||
| Q4 24 | $-0.71 | $-1.72 | ||
| Q3 24 | $-0.88 | $-0.08 | ||
| Q2 24 | $-0.18 | $-0.14 | ||
| Q1 24 | $0.18 | $0.57 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $41.2M | $36.7M |
| Total DebtLower is stronger | $883.0K | $0 |
| Stockholders' EquityBook value | $600.1M | $196.4M |
| Total Assets | $1.2B | $249.0M |
| Debt / EquityLower = less leverage | 0.00× | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $41.2M | $36.7M | ||
| Q3 25 | $35.8M | $29.5M | ||
| Q2 25 | $42.4M | $28.5M | ||
| Q1 25 | $52.8M | $41.3M | ||
| Q4 24 | $64.4M | $45.4M | ||
| Q3 24 | $220.6M | $36.4M | ||
| Q2 24 | $60.0M | $46.2M | ||
| Q1 24 | $134.2M | $47.5M |
| Q4 25 | $883.0K | $0 | ||
| Q3 25 | $586.0K | $2.0M | ||
| Q2 25 | $673.0K | $1.9M | ||
| Q1 25 | — | $1.9M | ||
| Q4 24 | $0 | $1.9M | ||
| Q3 24 | $128.4M | — | ||
| Q2 24 | $164.0M | — | ||
| Q1 24 | $183.7M | $37.0K |
| Q4 25 | $600.1M | $196.4M | ||
| Q3 25 | $607.2M | $225.8M | ||
| Q2 25 | $685.4M | $225.1M | ||
| Q1 25 | $665.2M | $229.3M | ||
| Q4 24 | $658.4M | $233.1M | ||
| Q3 24 | $707.0M | $308.5M | ||
| Q2 24 | $540.2M | $307.3M | ||
| Q1 24 | $510.9M | $310.4M |
| Q4 25 | $1.2B | $249.0M | ||
| Q3 25 | $1.2B | $283.1M | ||
| Q2 25 | $1.2B | $286.5M | ||
| Q1 25 | $1.2B | $292.8M | ||
| Q4 24 | $1.3B | $294.1M | ||
| Q3 24 | $1.4B | $375.3M | ||
| Q2 24 | $1.3B | $369.4M | ||
| Q1 24 | $1.3B | $377.0M |
| Q4 25 | 0.00× | 0.00× | ||
| Q3 25 | 0.00× | 0.01× | ||
| Q2 25 | 0.00× | 0.01× | ||
| Q1 25 | — | 0.01× | ||
| Q4 24 | 0.00× | 0.01× | ||
| Q3 24 | 0.18× | — | ||
| Q2 24 | 0.30× | — | ||
| Q1 24 | 0.36× | 0.00× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-51.4M | $12.5M |
| Free Cash FlowOCF − Capex | $-52.2M | $11.6M |
| FCF MarginFCF / Revenue | -60.3% | 17.7% |
| Capex IntensityCapex / Revenue | 0.9% | 1.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-9.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-51.4M | $12.5M | ||
| Q3 25 | $-53.5M | $-5.7M | ||
| Q2 25 | $-19.9M | $-9.4M | ||
| Q1 25 | $-30.2M | $-2.1M | ||
| Q4 24 | $-50.7M | $16.6M | ||
| Q3 24 | $-4.9M | $-8.3M | ||
| Q2 24 | $-30.2M | $834.0K | ||
| Q1 24 | $-15.5M | $-16.4M |
| Q4 25 | $-52.2M | $11.6M | ||
| Q3 25 | — | $-7.0M | ||
| Q2 25 | $-20.0M | $-11.3M | ||
| Q1 25 | $-31.0M | $-3.3M | ||
| Q4 24 | $-58.2M | $14.4M | ||
| Q3 24 | $-9.4M | $-9.4M | ||
| Q2 24 | $-31.2M | $-744.0K | ||
| Q1 24 | $-15.7M | $-18.3M |
| Q4 25 | -60.3% | 17.7% | ||
| Q3 25 | — | -10.0% | ||
| Q2 25 | -37.6% | -20.4% | ||
| Q1 25 | -53.4% | -5.4% | ||
| Q4 24 | -125.7% | 20.1% | ||
| Q3 24 | -18.2% | -14.0% | ||
| Q2 24 | -63.2% | -1.3% | ||
| Q1 24 | -30.9% | -26.3% |
| Q4 25 | 0.9% | 1.4% | ||
| Q3 25 | 0.0% | 1.8% | ||
| Q2 25 | 0.0% | 3.4% | ||
| Q1 25 | 1.3% | 2.0% | ||
| Q4 24 | 16.3% | 3.1% | ||
| Q3 24 | 8.7% | 1.6% | ||
| Q2 24 | 2.2% | 2.8% | ||
| Q1 24 | 0.4% | 2.7% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -15.80× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | -0.52× | -0.75× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ALTI
| Management Advisory Fees | $51.1M | 59% |
| Other | $32.7M | 38% |
| Distributions From Investments | $2.9M | 3% |
CLAR
| Other | $37.1M | 57% |
| Outdoor Segment | $25.3M | 39% |
| Adventure Segment | $3.0M | 5% |
