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Side-by-side financial comparison of AlTi Global, Inc. (ALTI) and TACTILE SYSTEMS TECHNOLOGY INC (TCMD). Click either name above to swap in a different company.
TACTILE SYSTEMS TECHNOLOGY INC is the larger business by last-quarter revenue ($103.6M vs $86.6M, roughly 1.2× AlTi Global, Inc.). TACTILE SYSTEMS TECHNOLOGY INC runs the higher net margin — 10.3% vs -15.1%, a 25.4% gap on every dollar of revenue. On growth, AlTi Global, Inc. posted the faster year-over-year revenue change (87.0% vs 21.0%). TACTILE SYSTEMS TECHNOLOGY INC produced more free cash flow last quarter ($16.8M vs $-52.2M). Over the past eight quarters, AlTi Global, Inc.'s revenue compounded faster (30.6% CAGR vs 30.2%).
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.
Dominion Voting Systems Corporation was a North American company that produced and sold electronic voting hardware and software, including voting machines and tabulators, in Canada and the United States.
ALTI vs TCMD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $86.6M | $103.6M |
| Net Profit | $-13.1M | $10.6M |
| Gross Margin | — | 78.2% |
| Operating Margin | -2.1% | 18.1% |
| Net Margin | -15.1% | 10.3% |
| Revenue YoY | 87.0% | 21.0% |
| Net Profit YoY | 75.6% | 9.4% |
| EPS (diluted) | — | $0.45 |
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 | $103.6M | ||
| Q3 25 | $57.2M | $85.8M | ||
| Q2 25 | $53.1M | $78.9M | ||
| Q1 25 | $58.0M | $61.3M | ||
| Q4 24 | $46.3M | $85.6M | ||
| Q3 24 | $51.8M | $73.1M | ||
| Q2 24 | $49.5M | $73.2M | ||
| Q1 24 | $50.8M | $61.1M |
| Q4 25 | $-13.1M | $10.6M | ||
| Q3 25 | $-84.1M | $8.2M | ||
| Q2 25 | $-24.4M | $3.2M | ||
| Q1 25 | $1.9M | $-3.0M | ||
| Q4 24 | $-53.8M | $9.7M | ||
| Q3 24 | $-72.5M | $5.2M | ||
| Q2 24 | $-6.4M | $4.3M | ||
| Q1 24 | $29.7M | $-2.2M |
| Q4 25 | — | 78.2% | ||
| Q3 25 | — | 75.8% | ||
| Q2 25 | — | 74.5% | ||
| Q1 25 | — | 74.0% | ||
| Q4 24 | — | 75.2% | ||
| Q3 24 | — | 75.0% | ||
| Q2 24 | — | 73.9% | ||
| Q1 24 | — | 71.1% |
| Q4 25 | -2.1% | 18.1% | ||
| Q3 25 | -49.8% | 12.8% | ||
| Q2 25 | -56.7% | 5.2% | ||
| Q1 25 | -23.3% | -7.4% | ||
| Q4 24 | -42.7% | 14.6% | ||
| Q3 24 | -18.4% | 9.3% | ||
| Q2 24 | -30.2% | 8.0% | ||
| Q1 24 | -28.9% | -4.9% |
| Q4 25 | -15.1% | 10.3% | ||
| Q3 25 | -147.0% | 9.6% | ||
| Q2 25 | -45.9% | 4.1% | ||
| Q1 25 | 3.3% | -4.9% | ||
| Q4 24 | -116.1% | 11.4% | ||
| Q3 24 | -140.0% | 7.1% | ||
| Q2 24 | -12.9% | 5.9% | ||
| Q1 24 | 58.4% | -3.6% |
| Q4 25 | — | $0.45 | ||
| Q3 25 | — | $0.36 | ||
| Q2 25 | $-0.33 | $0.14 | ||
| Q1 25 | $-0.04 | $-0.13 | ||
| Q4 24 | $-0.71 | $0.40 | ||
| Q3 24 | $-0.88 | $0.21 | ||
| Q2 24 | $-0.18 | $0.18 | ||
| Q1 24 | $0.18 | $-0.09 |
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 | $83.4M |
| Total DebtLower is stronger | $883.0K | $0 |
| Stockholders' EquityBook value | $600.1M | $218.9M |
| Total Assets | $1.2B | $273.9M |
| Debt / EquityLower = less leverage | 0.00× | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $41.2M | $83.4M | ||
| Q3 25 | $35.8M | $66.0M | ||
| Q2 25 | $42.4M | $81.5M | ||
| Q1 25 | $52.8M | $83.6M | ||
| Q4 24 | $64.4M | $94.4M | ||
| Q3 24 | $220.6M | $82.1M | ||
| Q2 24 | $60.0M | $73.6M | ||
| Q1 24 | $134.2M | $60.7M |
| Q4 25 | $883.0K | $0 | ||
| Q3 25 | $586.0K | $0 | ||
| Q2 25 | $673.0K | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $0 | — | ||
| Q3 24 | $128.4M | $27.0M | ||
| Q2 24 | $164.0M | $27.8M | ||
| Q1 24 | $183.7M | $28.5M |
| Q4 25 | $600.1M | $218.9M | ||
| Q3 25 | $607.2M | $204.9M | ||
| Q2 25 | $685.4M | $194.9M | ||
| Q1 25 | $665.2M | $205.6M | ||
| Q4 24 | $658.4M | $216.6M | ||
| Q3 24 | $707.0M | $207.9M | ||
| Q2 24 | $540.2M | $200.7M | ||
| Q1 24 | $510.9M | $193.5M |
| Q4 25 | $1.2B | $273.9M | ||
| Q3 25 | $1.2B | $259.2M | ||
| Q2 25 | $1.2B | $273.0M | ||
| Q1 25 | $1.2B | $280.2M | ||
| Q4 24 | $1.3B | $297.9M | ||
| Q3 24 | $1.4B | $287.7M | ||
| Q2 24 | $1.3B | $278.8M | ||
| Q1 24 | $1.3B | $272.0M |
| Q4 25 | 0.00× | 0.00× | ||
| Q3 25 | 0.00× | 0.00× | ||
| Q2 25 | 0.00× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | 0.18× | 0.13× | ||
| Q2 24 | 0.30× | 0.14× | ||
| Q1 24 | 0.36× | 0.15× |
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 | $17.3M |
| Free Cash FlowOCF − Capex | $-52.2M | $16.8M |
| FCF MarginFCF / Revenue | -60.3% | 16.2% |
| Capex IntensityCapex / Revenue | 0.9% | 0.5% |
| Cash ConversionOCF / Net Profit | — | 1.63× |
| TTM Free Cash FlowTrailing 4 quarters | — | $40.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-51.4M | $17.3M | ||
| Q3 25 | $-53.5M | $10.3M | ||
| Q2 25 | $-19.9M | $14.8M | ||
| Q1 25 | $-30.2M | $417.0K | ||
| Q4 24 | $-50.7M | $16.3M | ||
| Q3 24 | $-4.9M | $10.3M | ||
| Q2 24 | $-30.2M | $13.1M | ||
| Q1 24 | $-15.5M | $924.0K |
| Q4 25 | $-52.2M | $16.8M | ||
| Q3 25 | — | $9.2M | ||
| Q2 25 | $-20.0M | $14.4M | ||
| Q1 25 | $-31.0M | $38.0K | ||
| Q4 24 | $-58.2M | $15.9M | ||
| Q3 24 | $-9.4M | $9.3M | ||
| Q2 24 | $-31.2M | $12.6M | ||
| Q1 24 | $-15.7M | $442.0K |
| Q4 25 | -60.3% | 16.2% | ||
| Q3 25 | — | 10.8% | ||
| Q2 25 | -37.6% | 18.2% | ||
| Q1 25 | -53.4% | 0.1% | ||
| Q4 24 | -125.7% | 18.5% | ||
| Q3 24 | -18.2% | 12.7% | ||
| Q2 24 | -63.2% | 17.3% | ||
| Q1 24 | -30.9% | 0.7% |
| Q4 25 | 0.9% | 0.5% | ||
| Q3 25 | 0.0% | 1.3% | ||
| Q2 25 | 0.0% | 0.5% | ||
| Q1 25 | 1.3% | 0.6% | ||
| Q4 24 | 16.3% | 0.5% | ||
| Q3 24 | 8.7% | 1.3% | ||
| Q2 24 | 2.2% | 0.7% | ||
| Q1 24 | 0.4% | 0.8% |
| Q4 25 | — | 1.63× | ||
| Q3 25 | — | 1.26× | ||
| Q2 25 | — | 4.59× | ||
| Q1 25 | -15.80× | — | ||
| Q4 24 | — | 1.68× | ||
| Q3 24 | — | 1.99× | ||
| Q2 24 | — | 3.06× | ||
| 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% |
TCMD
| Private Insurers | $57.6M | 56% |
| Medicare | $24.6M | 24% |
| Durable Medical Equipment Distributors | $14.1M | 14% |
| Veterans Administration | $7.3M | 7% |
