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Side-by-side financial comparison of AlTi Global, Inc. (ALTI) and Vitesse Energy, Inc. (VTS). Click either name above to swap in a different company.
AlTi Global, Inc. is the larger business by last-quarter revenue ($86.6M vs $58.6M, roughly 1.5× Vitesse Energy, Inc.). Vitesse Energy, Inc. runs the higher net margin — -1.3% vs -15.1%, a 13.9% gap on every dollar of revenue. On growth, AlTi Global, Inc. posted the faster year-over-year revenue change (87.0% vs 4.8%). Over the past eight quarters, AlTi Global, Inc.'s revenue compounded faster (30.6% CAGR vs -2.1%).
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.
Vitesse Energy, Inc. is a U.S.-headquartered independent energy company focused on exploration, development, and production of oil and natural gas assets. It operates primarily in high-potential onshore basins including North Dakota's Williston Basin, serving domestic and global upstream energy market demand.
ALTI vs VTS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $86.6M | $58.6M |
| Net Profit | $-13.1M | $-739.0K |
| Gross Margin | — | — |
| Operating Margin | -2.1% | -12.0% |
| Net Margin | -15.1% | -1.3% |
| Revenue YoY | 87.0% | 4.8% |
| Net Profit YoY | 75.6% | 85.6% |
| EPS (diluted) | — | $-0.01 |
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 | $58.6M | ||
| Q3 25 | $57.2M | $67.4M | ||
| Q2 25 | $53.1M | $81.8M | ||
| Q1 25 | $58.0M | $66.2M | ||
| Q4 24 | $46.3M | $55.9M | ||
| Q3 24 | $51.8M | $58.3M | ||
| Q2 24 | $49.5M | $66.6M | ||
| Q1 24 | $50.8M | $61.2M |
| Q4 25 | $-13.1M | $-739.0K | ||
| Q3 25 | $-84.1M | $-1.3M | ||
| Q2 25 | $-24.4M | $24.7M | ||
| Q1 25 | $1.9M | $2.7M | ||
| Q4 24 | $-53.8M | $-5.1M | ||
| Q3 24 | $-72.5M | $17.4M | ||
| Q2 24 | $-6.4M | $10.9M | ||
| Q1 24 | $29.7M | $-2.2M |
| Q4 25 | -2.1% | -12.0% | ||
| Q3 25 | -49.8% | 0.2% | ||
| Q2 25 | -56.7% | 22.8% | ||
| Q1 25 | -23.3% | 8.1% | ||
| Q4 24 | -42.7% | 3.7% | ||
| Q3 24 | -18.4% | 15.4% | ||
| Q2 24 | -30.2% | 25.2% | ||
| Q1 24 | -28.9% | 21.4% |
| Q4 25 | -15.1% | -1.3% | ||
| Q3 25 | -147.0% | -1.9% | ||
| Q2 25 | -45.9% | 30.2% | ||
| Q1 25 | 3.3% | 4.0% | ||
| Q4 24 | -116.1% | -9.2% | ||
| Q3 24 | -140.0% | 29.9% | ||
| Q2 24 | -12.9% | 16.4% | ||
| Q1 24 | 58.4% | -3.6% |
| Q4 25 | — | $-0.01 | ||
| Q3 25 | — | $-0.03 | ||
| Q2 25 | $-0.33 | $0.60 | ||
| Q1 25 | $-0.04 | $0.08 | ||
| Q4 24 | $-0.71 | $-0.15 | ||
| Q3 24 | $-0.88 | $0.53 | ||
| Q2 24 | $-0.18 | $0.33 | ||
| Q1 24 | $0.18 | $-0.07 |
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 | — |
| Total DebtLower is stronger | $883.0K | — |
| Stockholders' EquityBook value | $600.1M | $629.3M |
| Total Assets | $1.2B | $893.4M |
| Debt / EquityLower = less leverage | 0.00× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $41.2M | — | ||
| Q3 25 | $35.8M | — | ||
| Q2 25 | $42.4M | — | ||
| Q1 25 | $52.8M | $4.5M | ||
| Q4 24 | $64.4M | $3.0M | ||
| Q3 24 | $220.6M | — | ||
| Q2 24 | $60.0M | — | ||
| Q1 24 | $134.2M | — |
| 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 | — |
| Q4 25 | $600.1M | $629.3M | ||
| Q3 25 | $607.2M | $650.3M | ||
| Q2 25 | $685.4M | $671.9M | ||
| Q1 25 | $665.2M | $667.7M | ||
| Q4 24 | $658.4M | $500.3M | ||
| Q3 24 | $707.0M | $520.4M | ||
| Q2 24 | $540.2M | $518.5M | ||
| Q1 24 | $510.9M | $522.7M |
| Q4 25 | $1.2B | $893.4M | ||
| Q3 25 | $1.2B | $932.9M | ||
| Q2 25 | $1.2B | $951.5M | ||
| Q1 25 | $1.2B | $975.2M | ||
| Q4 24 | $1.3B | $810.9M | ||
| Q3 24 | $1.4B | $791.2M | ||
| Q2 24 | $1.3B | $778.4M | ||
| Q1 24 | $1.3B | $749.7M |
| 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 | ||
|---|---|---|
| Operating Cash FlowLast quarter | $-51.4M | $37.4M |
| Free Cash FlowOCF − Capex | $-52.2M | — |
| FCF MarginFCF / Revenue | -60.3% | — |
| Capex IntensityCapex / Revenue | 0.9% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-51.4M | $37.4M | ||
| Q3 25 | $-53.5M | $49.4M | ||
| Q2 25 | $-19.9M | $66.0M | ||
| Q1 25 | $-30.2M | $17.5M | ||
| Q4 24 | $-50.7M | $34.7M | ||
| Q3 24 | $-4.9M | $45.7M | ||
| Q2 24 | $-30.2M | $35.2M | ||
| Q1 24 | $-15.5M | $39.4M |
| Q4 25 | $-52.2M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $-20.0M | — | ||
| Q1 25 | $-31.0M | — | ||
| Q4 24 | $-58.2M | — | ||
| Q3 24 | $-9.4M | — | ||
| Q2 24 | $-31.2M | — | ||
| Q1 24 | $-15.7M | — |
| Q4 25 | -60.3% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -37.6% | — | ||
| Q1 25 | -53.4% | — | ||
| Q4 24 | -125.7% | — | ||
| Q3 24 | -18.2% | — | ||
| Q2 24 | -63.2% | — | ||
| Q1 24 | -30.9% | — |
| Q4 25 | 0.9% | — | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 1.3% | — | ||
| Q4 24 | 16.3% | — | ||
| Q3 24 | 8.7% | — | ||
| Q2 24 | 2.2% | — | ||
| Q1 24 | 0.4% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 2.68× | ||
| Q1 25 | -15.80× | 6.56× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.62× | ||
| Q2 24 | — | 3.22× | ||
| 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% |
VTS
| Oil Reserves | $54.5M | 93% |
| Natural Gas Reserves | $4.2M | 7% |