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Side-by-side financial comparison of AlTi Global, Inc. (ALTI) and RE/MAX Holdings, Inc. (RMAX). Click either name above to swap in a different company.
AlTi Global, Inc. is the larger business by last-quarter revenue ($86.6M vs $71.1M, roughly 1.2× RE/MAX Holdings, Inc.). RE/MAX Holdings, Inc. runs the higher net margin — 2.0% vs -15.1%, a 17.2% gap on every dollar of revenue. On growth, AlTi Global, Inc. posted the faster year-over-year revenue change (87.0% vs -1.8%). RE/MAX Holdings, Inc. produced more free cash flow last quarter ($33.5M vs $-52.2M). Over the past eight quarters, AlTi Global, Inc.'s revenue compounded faster (30.6% CAGR vs -4.7%).
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.
RE/MAX is an international real estate franchise operating in over 100 countries and territories that, in 2015, had over 100,000 agents in 6,800 offices.
ALTI vs RMAX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $86.6M | $71.1M |
| Net Profit | $-13.1M | $1.4M |
| Gross Margin | — | — |
| Operating Margin | -2.1% | 13.1% |
| Net Margin | -15.1% | 2.0% |
| Revenue YoY | 87.0% | -1.8% |
| Net Profit YoY | 75.6% | -75.2% |
| EPS (diluted) | — | — |
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 | $71.1M | ||
| Q3 25 | $57.2M | $73.2M | ||
| Q2 25 | $53.1M | $72.8M | ||
| Q1 25 | $58.0M | $74.5M | ||
| Q4 24 | $46.3M | $72.5M | ||
| Q3 24 | $51.8M | $78.5M | ||
| Q2 24 | $49.5M | $78.5M | ||
| Q1 24 | $50.8M | $78.3M |
| Q4 25 | $-13.1M | $1.4M | ||
| Q3 25 | $-84.1M | $4.0M | ||
| Q2 25 | $-24.4M | $4.7M | ||
| Q1 25 | $1.9M | $-2.0M | ||
| Q4 24 | $-53.8M | $5.8M | ||
| Q3 24 | $-72.5M | $966.0K | ||
| Q2 24 | $-6.4M | $3.7M | ||
| Q1 24 | $29.7M | $-3.4M |
| Q4 25 | -2.1% | 13.1% | ||
| Q3 25 | -49.8% | 25.0% | ||
| Q2 25 | -56.7% | 19.3% | ||
| Q1 25 | -23.3% | 7.2% | ||
| Q4 24 | -42.7% | 5.9% | ||
| Q3 24 | -18.4% | 19.4% | ||
| Q2 24 | -30.2% | 20.6% | ||
| Q1 24 | -28.9% | 5.8% |
| Q4 25 | -15.1% | 2.0% | ||
| Q3 25 | -147.0% | 5.4% | ||
| Q2 25 | -45.9% | 6.4% | ||
| Q1 25 | 3.3% | -2.6% | ||
| Q4 24 | -116.1% | 8.0% | ||
| Q3 24 | -140.0% | 1.2% | ||
| Q2 24 | -12.9% | 4.7% | ||
| Q1 24 | 58.4% | -4.3% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $-0.33 | — | ||
| Q1 25 | $-0.04 | — | ||
| Q4 24 | $-0.71 | — | ||
| Q3 24 | $-0.88 | — | ||
| Q2 24 | $-0.18 | — | ||
| Q1 24 | $0.18 | — |
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 | $118.7M |
| Total DebtLower is stronger | $883.0K | $432.2M |
| Stockholders' EquityBook value | $600.1M | $452.4M |
| Total Assets | $1.2B | $582.5M |
| Debt / EquityLower = less leverage | 0.00× | 0.96× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $41.2M | $118.7M | ||
| Q3 25 | $35.8M | $107.5M | ||
| Q2 25 | $42.4M | $94.3M | ||
| Q1 25 | $52.8M | $89.1M | ||
| Q4 24 | $64.4M | $96.6M | ||
| Q3 24 | $220.6M | $83.8M | ||
| Q2 24 | $60.0M | $66.1M | ||
| Q1 24 | $134.2M | $82.1M |
| Q4 25 | $883.0K | $432.2M | ||
| Q3 25 | $586.0K | $433.3M | ||
| Q2 25 | $673.0K | $434.4M | ||
| Q1 25 | — | $435.3M | ||
| Q4 24 | $0 | $436.2M | ||
| Q3 24 | $128.4M | $437.2M | ||
| Q2 24 | $164.0M | $438.1M | ||
| Q1 24 | $183.7M | $439.0M |
| Q4 25 | $600.1M | $452.4M | ||
| Q3 25 | $607.2M | $448.1M | ||
| Q2 25 | $685.4M | $442.4M | ||
| Q1 25 | $665.2M | $433.5M | ||
| Q4 24 | $658.4M | $429.5M | ||
| Q3 24 | $707.0M | $423.1M | ||
| Q2 24 | $540.2M | $418.4M | ||
| Q1 24 | $510.9M | $412.0M |
| Q4 25 | $1.2B | $582.5M | ||
| Q3 25 | $1.2B | $582.2M | ||
| Q2 25 | $1.2B | $574.8M | ||
| Q1 25 | $1.2B | $571.4M | ||
| Q4 24 | $1.3B | $581.6M | ||
| Q3 24 | $1.4B | $578.6M | ||
| Q2 24 | $1.3B | $571.4M | ||
| Q1 24 | $1.3B | $566.7M |
| Q4 25 | 0.00× | 0.96× | ||
| Q3 25 | 0.00× | 0.97× | ||
| Q2 25 | 0.00× | 0.98× | ||
| Q1 25 | — | 1.00× | ||
| Q4 24 | 0.00× | 1.02× | ||
| Q3 24 | 0.18× | 1.03× | ||
| Q2 24 | 0.30× | 1.05× | ||
| Q1 24 | 0.36× | 1.07× |
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 | $40.9M |
| Free Cash FlowOCF − Capex | $-52.2M | $33.5M |
| FCF MarginFCF / Revenue | -60.3% | 47.1% |
| Capex IntensityCapex / Revenue | 0.9% | 10.4% |
| Cash ConversionOCF / Net Profit | — | 28.39× |
| TTM Free Cash FlowTrailing 4 quarters | — | $56.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-51.4M | $40.9M | ||
| Q3 25 | $-53.5M | $17.7M | ||
| Q2 25 | $-19.9M | $4.6M | ||
| Q1 25 | $-30.2M | $5.7M | ||
| Q4 24 | $-50.7M | $59.7M | ||
| Q3 24 | $-4.9M | $17.6M | ||
| Q2 24 | $-30.2M | $15.9M | ||
| Q1 24 | $-15.5M | $9.4M |
| Q4 25 | $-52.2M | $33.5M | ||
| Q3 25 | — | $16.4M | ||
| Q2 25 | $-20.0M | $2.9M | ||
| Q1 25 | $-31.0M | $4.0M | ||
| Q4 24 | $-58.2M | $53.0M | ||
| Q3 24 | $-9.4M | $16.3M | ||
| Q2 24 | $-31.2M | $14.0M | ||
| Q1 24 | $-15.7M | $6.8M |
| Q4 25 | -60.3% | 47.1% | ||
| Q3 25 | — | 22.4% | ||
| Q2 25 | -37.6% | 4.0% | ||
| Q1 25 | -53.4% | 5.3% | ||
| Q4 24 | -125.7% | 73.2% | ||
| Q3 24 | -18.2% | 20.8% | ||
| Q2 24 | -63.2% | 17.8% | ||
| Q1 24 | -30.9% | 8.6% |
| Q4 25 | 0.9% | 10.4% | ||
| Q3 25 | 0.0% | 1.8% | ||
| Q2 25 | 0.0% | 2.2% | ||
| Q1 25 | 1.3% | 2.3% | ||
| Q4 24 | 16.3% | 9.1% | ||
| Q3 24 | 8.7% | 1.7% | ||
| Q2 24 | 2.2% | 2.4% | ||
| Q1 24 | 0.4% | 3.3% |
| Q4 25 | — | 28.39× | ||
| Q3 25 | — | 4.45× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | -15.80× | — | ||
| Q4 24 | — | 10.28× | ||
| Q3 24 | — | 18.22× | ||
| Q2 24 | — | 4.29× | ||
| Q1 24 | -0.52× | — |
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% |
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
