Patria Investments Delays Yearly Report Filing

Patria Investments ( (PAX) ) has released a notification of late filing.

Patria Investments Limited has announced a delay in filing its Form 20-F (Yearly Report) for the fiscal year ending December 31, 2024. The delay is primarily due to extended internal review processes following significant business combinations throughout the year, which required additional time for accurate financial disclosures. The company anticipates filing the report within fifteen calendar days following the original due date. Patria Investments does not expect any significant changes in its financial results compared to the previous year. The company is actively working on completing the necessary procedures to ensure compliance, as stated by CEO Alexandre Teixeira de Assumpção Saigh.

Spark’s Take on PAX Stock

According to Spark, TipRanks’ AI Analyst, PAX is a Neutral.

Patria Investments shows a robust financial foundation with strong revenue growth and successful fundraising efforts, driving a positive outlook. However, the declining net income, cash flow concerns, and negative technical indicators introduce caution. The high P/E ratio suggests overvaluation despite an attractive dividend yield, adding mixed signals to the stock’s appeal.

To see Spark’s full report on PAX stock, click here.

More about Patria Investments

YTD Price Performance: -8.80%

Average Trading Volume: 586,071

Technical Sentiment Signal: Buy

Current Market Cap: $1.62B

Find detailed analytics on PAX stock on TipRanks’ Stock Analysis page.