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

PTC THERAPEUTICS, INC. is the larger business by last-quarter revenue ($164.7M vs $86.6M, roughly 1.9× AlTi Global, Inc.). AlTi Global, Inc. runs the higher net margin — -15.1% vs -82.0%, a 66.8% gap on every dollar of revenue. On growth, AlTi Global, Inc. posted the faster year-over-year revenue change (87.0% vs -22.7%). PTC THERAPEUTICS, INC. produced more free cash flow last quarter ($-36.6M vs $-52.2M). Over the past eight quarters, AlTi Global, Inc.'s revenue compounded faster (30.6% CAGR vs -11.5%).

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.

PTC Therapeutics, Inc. is a US pharmaceutical company focused on the development of orally administered small molecule drugs and gene therapy which regulate gene expression by targeting post-transcriptional control (PTC) mechanisms in orphan diseases.

ALTI vs PTCT — Head-to-Head

Bigger by revenue
PTCT
PTCT
1.9× larger
PTCT
$164.7M
$86.6M
ALTI
Growing faster (revenue YoY)
ALTI
ALTI
+109.8% gap
ALTI
87.0%
-22.7%
PTCT
Higher net margin
ALTI
ALTI
66.8% more per $
ALTI
-15.1%
-82.0%
PTCT
More free cash flow
PTCT
PTCT
$15.6M more FCF
PTCT
$-36.6M
$-52.2M
ALTI
Faster 2-yr revenue CAGR
ALTI
ALTI
Annualised
ALTI
30.6%
-11.5%
PTCT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ALTI
ALTI
PTCT
PTCT
Revenue
$86.6M
$164.7M
Net Profit
$-13.1M
$-135.0M
Gross Margin
Operating Margin
-2.1%
-43.3%
Net Margin
-15.1%
-82.0%
Revenue YoY
87.0%
-22.7%
Net Profit YoY
75.6%
-104.8%
EPS (diluted)
$-1.63

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
PTCT
PTCT
Q4 25
$86.6M
$164.7M
Q3 25
$57.2M
$211.0M
Q2 25
$53.1M
$178.9M
Q1 25
$58.0M
$1.2B
Q4 24
$46.3M
$213.2M
Q3 24
$51.8M
$196.8M
Q2 24
$49.5M
$186.7M
Q1 24
$50.8M
$210.1M
Net Profit
ALTI
ALTI
PTCT
PTCT
Q4 25
$-13.1M
$-135.0M
Q3 25
$-84.1M
$15.9M
Q2 25
$-24.4M
$-64.8M
Q1 25
$1.9M
$866.6M
Q4 24
$-53.8M
$-65.9M
Q3 24
$-72.5M
$-106.7M
Q2 24
$-6.4M
$-99.2M
Q1 24
$29.7M
$-91.6M
Operating Margin
ALTI
ALTI
PTCT
PTCT
Q4 25
-2.1%
-43.3%
Q3 25
-49.8%
1.4%
Q2 25
-56.7%
-19.5%
Q1 25
-23.3%
82.5%
Q4 24
-42.7%
-76.2%
Q3 24
-18.4%
-27.7%
Q2 24
-30.2%
-21.5%
Q1 24
-28.9%
-21.6%
Net Margin
ALTI
ALTI
PTCT
PTCT
Q4 25
-15.1%
-82.0%
Q3 25
-147.0%
7.5%
Q2 25
-45.9%
-36.3%
Q1 25
3.3%
73.7%
Q4 24
-116.1%
-30.9%
Q3 24
-140.0%
-54.2%
Q2 24
-12.9%
-53.1%
Q1 24
58.4%
-43.6%
EPS (diluted)
ALTI
ALTI
PTCT
PTCT
Q4 25
$-1.63
Q3 25
$0.20
Q2 25
$-0.33
$-0.83
Q1 25
$-0.04
$10.04
Q4 24
$-0.71
$-0.85
Q3 24
$-0.88
$-1.39
Q2 24
$-0.18
$-1.29
Q1 24
$0.18
$-1.20

Balance Sheet & Financial Strength

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

Metric
ALTI
ALTI
PTCT
PTCT
Cash + ST InvestmentsLiquidity on hand
$41.2M
$1.9B
Total DebtLower is stronger
$883.0K
Stockholders' EquityBook value
$600.1M
$-205.3M
Total Assets
$1.2B
$2.9B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALTI
ALTI
PTCT
PTCT
Q4 25
$41.2M
$1.9B
Q3 25
$35.8M
$1.7B
Q2 25
$42.4M
$2.0B
Q1 25
$52.8M
$2.0B
Q4 24
$64.4M
$1.1B
Q3 24
$220.6M
$1.0B
Q2 24
$60.0M
$1.1B
Q1 24
$134.2M
$884.8M
Total Debt
ALTI
ALTI
PTCT
PTCT
Q4 25
$883.0K
Q3 25
$586.0K
Q2 25
$673.0K
Q1 25
Q4 24
$0
Q3 24
$128.4M
Q2 24
$164.0M
Q1 24
$183.7M
Stockholders' Equity
ALTI
ALTI
PTCT
PTCT
Q4 25
$600.1M
$-205.3M
Q3 25
$607.2M
$-155.8M
Q2 25
$685.4M
$-206.5M
Q1 25
$665.2M
$-185.8M
Q4 24
$658.4M
$-1.1B
Q3 24
$707.0M
$-1.1B
Q2 24
$540.2M
$-980.2M
Q1 24
$510.9M
$-893.9M
Total Assets
ALTI
ALTI
PTCT
PTCT
Q4 25
$1.2B
$2.9B
Q3 25
$1.2B
$2.6B
Q2 25
$1.2B
$2.6B
Q1 25
$1.2B
$2.7B
Q4 24
$1.3B
$1.7B
Q3 24
$1.4B
$1.8B
Q2 24
$1.3B
$1.9B
Q1 24
$1.3B
$1.8B
Debt / Equity
ALTI
ALTI
PTCT
PTCT
Q4 25
0.00×
Q3 25
0.00×
Q2 25
0.00×
Q1 25
Q4 24
0.00×
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
PTCT
PTCT
Operating Cash FlowLast quarter
$-51.4M
$-34.3M
Free Cash FlowOCF − Capex
$-52.2M
$-36.6M
FCF MarginFCF / Revenue
-60.3%
-22.3%
Capex IntensityCapex / Revenue
0.9%
1.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$702.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALTI
ALTI
PTCT
PTCT
Q4 25
$-51.4M
$-34.3M
Q3 25
$-53.5M
$-66.3M
Q2 25
$-19.9M
$-58.3M
Q1 25
$-30.2M
$870.1M
Q4 24
$-50.7M
$-30.0M
Q3 24
$-4.9M
$-77.0M
Q2 24
$-30.2M
$-71.5M
Q1 24
$-15.5M
$70.8M
Free Cash Flow
ALTI
ALTI
PTCT
PTCT
Q4 25
$-52.2M
$-36.6M
Q3 25
$-69.7M
Q2 25
$-20.0M
$-59.6M
Q1 25
$-31.0M
$868.4M
Q4 24
$-58.2M
$-33.8M
Q3 24
$-9.4M
$-77.5M
Q2 24
$-31.2M
$-78.8M
Q1 24
$-15.7M
$61.2M
FCF Margin
ALTI
ALTI
PTCT
PTCT
Q4 25
-60.3%
-22.3%
Q3 25
-33.1%
Q2 25
-37.6%
-33.3%
Q1 25
-53.4%
73.8%
Q4 24
-125.7%
-15.8%
Q3 24
-18.2%
-39.4%
Q2 24
-63.2%
-42.2%
Q1 24
-30.9%
29.1%
Capex Intensity
ALTI
ALTI
PTCT
PTCT
Q4 25
0.9%
1.4%
Q3 25
0.0%
1.6%
Q2 25
0.0%
0.7%
Q1 25
1.3%
0.1%
Q4 24
16.3%
1.8%
Q3 24
8.7%
0.3%
Q2 24
2.2%
4.0%
Q1 24
0.4%
4.6%
Cash Conversion
ALTI
ALTI
PTCT
PTCT
Q4 25
Q3 25
-4.17×
Q2 25
Q1 25
-15.80×
1.00×
Q4 24
Q3 24
Q2 24
Q1 24
-0.52×

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%

PTCT
PTCT

Segment breakdown not available.

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