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Side-by-side financial comparison of AlTi Global, Inc. (ALTI) and PAMT CORP (PAMT). Click either name above to swap in a different company.

PAMT CORP is the larger business by last-quarter revenue ($141.3M vs $86.6M, roughly 1.6× AlTi Global, Inc.). AlTi Global, Inc. runs the higher net margin — -15.1% vs -20.7%, a 5.6% gap on every dollar of revenue. On growth, AlTi Global, Inc. posted the faster year-over-year revenue change (87.0% vs -15.1%). PAMT CORP produced more free cash flow last quarter ($-25.0M vs $-52.2M). Over the past eight quarters, AlTi Global, Inc.'s revenue compounded faster (30.6% CAGR vs -12.0%).

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.

ALTI vs PAMT — Head-to-Head

Bigger by revenue
PAMT
PAMT
1.6× larger
PAMT
$141.3M
$86.6M
ALTI
Growing faster (revenue YoY)
ALTI
ALTI
+102.2% gap
ALTI
87.0%
-15.1%
PAMT
Higher net margin
ALTI
ALTI
5.6% more per $
ALTI
-15.1%
-20.7%
PAMT
More free cash flow
PAMT
PAMT
$27.3M more FCF
PAMT
$-25.0M
$-52.2M
ALTI
Faster 2-yr revenue CAGR
ALTI
ALTI
Annualised
ALTI
30.6%
-12.0%
PAMT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ALTI
ALTI
PAMT
PAMT
Revenue
$86.6M
$141.3M
Net Profit
$-13.1M
$-29.3M
Gross Margin
Operating Margin
-2.1%
-27.0%
Net Margin
-15.1%
-20.7%
Revenue YoY
87.0%
-15.1%
Net Profit YoY
75.6%
7.4%
EPS (diluted)
$-1.38

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.

Revenue
ALTI
ALTI
PAMT
PAMT
Q4 25
$86.6M
$141.3M
Q3 25
$57.2M
$150.3M
Q2 25
$53.1M
$151.1M
Q1 25
$58.0M
$155.3M
Q4 24
$46.3M
$166.5M
Q3 24
$51.8M
$182.6M
Q2 24
$49.5M
$182.9M
Q1 24
$50.8M
$182.6M
Net Profit
ALTI
ALTI
PAMT
PAMT
Q4 25
$-13.1M
$-29.3M
Q3 25
$-84.1M
$-5.6M
Q2 25
$-24.4M
$-9.6M
Q1 25
$1.9M
$-8.1M
Q4 24
$-53.8M
$-31.6M
Q3 24
$-72.5M
$2.4M
Q2 24
$-6.4M
$-2.9M
Q1 24
$29.7M
$281.0K
Operating Margin
ALTI
ALTI
PAMT
PAMT
Q4 25
-2.1%
-27.0%
Q3 25
-49.8%
-3.8%
Q2 25
-56.7%
-7.3%
Q1 25
-23.3%
-5.9%
Q4 24
-42.7%
-22.6%
Q3 24
-18.4%
1.3%
Q2 24
-30.2%
-0.4%
Q1 24
-28.9%
-0.4%
Net Margin
ALTI
ALTI
PAMT
PAMT
Q4 25
-15.1%
-20.7%
Q3 25
-147.0%
-3.7%
Q2 25
-45.9%
-6.4%
Q1 25
3.3%
-5.2%
Q4 24
-116.1%
-19.0%
Q3 24
-140.0%
1.3%
Q2 24
-12.9%
-1.6%
Q1 24
58.4%
0.2%
EPS (diluted)
ALTI
ALTI
PAMT
PAMT
Q4 25
$-1.38
Q3 25
$-0.27
Q2 25
$-0.33
$-0.46
Q1 25
$-0.04
$-0.37
Q4 24
$-0.71
$-1.44
Q3 24
$-0.88
$0.11
Q2 24
$-0.18
$-0.13
Q1 24
$0.18
$0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALTI
ALTI
PAMT
PAMT
Cash + ST InvestmentsLiquidity on hand
$41.2M
$83.7M
Total DebtLower is stronger
$883.0K
$333.9M
Stockholders' EquityBook value
$600.1M
$210.5M
Total Assets
$1.2B
$697.9M
Debt / EquityLower = less leverage
0.00×
1.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALTI
ALTI
PAMT
PAMT
Q4 25
$41.2M
$83.7M
Q3 25
$35.8M
$115.6M
Q2 25
$42.4M
$117.3M
Q1 25
$52.8M
$102.7M
Q4 24
$64.4M
$110.7M
Q3 24
$220.6M
$92.3M
Q2 24
$60.0M
$114.0M
Q1 24
$134.2M
$125.8M
Total Debt
ALTI
ALTI
PAMT
PAMT
Q4 25
$883.0K
$333.9M
Q3 25
$586.0K
Q2 25
$673.0K
Q1 25
Q4 24
$0
$325.6M
Q3 24
$128.4M
Q2 24
$164.0M
Q1 24
$183.7M
Stockholders' Equity
ALTI
ALTI
PAMT
PAMT
Q4 25
$600.1M
$210.5M
Q3 25
$607.2M
$239.5M
Q2 25
$685.4M
$244.9M
Q1 25
$665.2M
$269.6M
Q4 24
$658.4M
$277.5M
Q3 24
$707.0M
$308.9M
Q2 24
$540.2M
$306.7M
Q1 24
$510.9M
$314.6M
Total Assets
ALTI
ALTI
PAMT
PAMT
Q4 25
$1.2B
$697.9M
Q3 25
$1.2B
$715.2M
Q2 25
$1.2B
$707.9M
Q1 25
$1.2B
$712.6M
Q4 24
$1.3B
$741.7M
Q3 24
$1.4B
$756.7M
Q2 24
$1.3B
$733.5M
Q1 24
$1.3B
$746.4M
Debt / Equity
ALTI
ALTI
PAMT
PAMT
Q4 25
0.00×
1.59×
Q3 25
0.00×
Q2 25
0.00×
Q1 25
Q4 24
0.00×
1.17×
Q3 24
0.18×
Q2 24
0.30×
Q1 24
0.36×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALTI
ALTI
PAMT
PAMT
Operating Cash FlowLast quarter
$-51.4M
$-5.8M
Free Cash FlowOCF − Capex
$-52.2M
$-25.0M
FCF MarginFCF / Revenue
-60.3%
-17.7%
Capex IntensityCapex / Revenue
0.9%
13.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-23.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALTI
ALTI
PAMT
PAMT
Q4 25
$-51.4M
$-5.8M
Q3 25
$-53.5M
$5.9M
Q2 25
$-19.9M
$12.2M
Q1 25
$-30.2M
$5.0M
Q4 24
$-50.7M
$15.2M
Q3 24
$-4.9M
$15.5M
Q2 24
$-30.2M
$18.7M
Q1 24
$-15.5M
$9.6M
Free Cash Flow
ALTI
ALTI
PAMT
PAMT
Q4 25
$-52.2M
$-25.0M
Q3 25
$2.5M
Q2 25
$-20.0M
$5.9M
Q1 25
$-31.0M
$-6.8M
Q4 24
$-58.2M
$-39.9M
Q3 24
$-9.4M
$-33.6M
Q2 24
$-31.2M
$4.1M
Q1 24
$-15.7M
$-12.2M
FCF Margin
ALTI
ALTI
PAMT
PAMT
Q4 25
-60.3%
-17.7%
Q3 25
1.7%
Q2 25
-37.6%
3.9%
Q1 25
-53.4%
-4.4%
Q4 24
-125.7%
-24.0%
Q3 24
-18.2%
-18.4%
Q2 24
-63.2%
2.2%
Q1 24
-30.9%
-6.7%
Capex Intensity
ALTI
ALTI
PAMT
PAMT
Q4 25
0.9%
13.6%
Q3 25
0.0%
2.3%
Q2 25
0.0%
4.2%
Q1 25
1.3%
7.6%
Q4 24
16.3%
33.1%
Q3 24
8.7%
26.9%
Q2 24
2.2%
8.0%
Q1 24
0.4%
12.0%
Cash Conversion
ALTI
ALTI
PAMT
PAMT
Q4 25
Q3 25
Q2 25
Q1 25
-15.80×
Q4 24
Q3 24
6.44×
Q2 24
Q1 24
-0.52×
34.11×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ALTI
ALTI

Management Advisory Fees$51.1M59%
Other$32.7M38%
Distributions From Investments$2.9M3%

PAMT
PAMT

Freight Transportation Service$123.1M87%
Fuel Surcharge$18.2M13%

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