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Patria Investments
(NASDAQ:PAX)
Patria Investments (PAX) vs. SPDR S&P 500 ETF (SPY)
Patria Investments Business Overview & Revenue Model
Patria Investments Earnings Call Summary
Patria Investments Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 397.39M | 374.20M | 327.62M | 258.88M | 235.51M | 115.02M |
| Gross Profit | 340.94M | 323.72M | 288.88M | 224.05M | 220.88M | 104.39M |
| EBITDA | 153.60M | 133.22M | 146.36M | 125.46M | 131.35M | 73.53M |
| Net Income | 84.23M | 71.88M | 118.40M | 92.96M | 122.48M | 62.21M |
Balance Sheet | ||||||
| Total Assets | 1.32B | 1.22B | 1.01B | 976.24M | 761.32M | 107.20M |
| Cash, Cash Equivalents and Short-Term Investments | 165.20M | 38.37M | 33.20M | 312.37M | 167.13M | 23.98M |
| Total Debt | 161.00M | 250.41M | 15.84M | 16.09M | 7.86M | 1.58M |
| Total Liabilities | 728.30M | 715.17M | 490.24M | 462.78M | 197.04M | 48.13M |
| Stockholders Equity | 578.20M | 480.60M | 542.49M | 552.79M | 564.28M | 57.31M |
Cash Flow | ||||||
| Free Cash Flow | 263.62M | 137.66M | 141.71M | 74.34M | 105.72M | 52.03M |
| Operating Cash Flow | 271.29M | 145.95M | 156.72M | 81.05M | 107.56M | 52.70M |
| Investing Cash Flow | -39.12M | 25.31M | 62.17M | -189.35M | -284.23M | 23.51M |
| Financing Cash Flow | -230.64M | -151.65M | -229.63M | 118.55M | 177.89M | -66.24M |
Patria Investments Technical Analysis
Patria Investments Risk Analysis
Patria Investments Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | $729.21M | 23.91 | 10.03% | 5.29% | 53.35% | -24.09% | |
| ― | $2.32B | 26.87 | 15.46% | 4.12% | 26.65% | -1.26% | |
| ― | $1.14B | 8.04 | 9.36% | 16.68% | -55.16% | 47.09% | |
| ― | $3.52B | 12.16 | 60.44% | 8.08% | 5.46% | 4.44% | |
| ― | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
| ― | $912.70M | 8.46 | 9.42% | 12.79% | -3.29% | -16.86% | |
| ― | $2.24B | 81.40 | ― | 3.82% | 15.78% | 56.27% |
Patria Investments Corporate Events
Patria Investments Limited released its unaudited condensed consolidated interim financial statements for the six-month period ending June 30, 2025. The report highlights a decrease in cash and cash equivalents from $33,418,000 at the end of 2024 to $28,539,000 by mid-2025, alongside an increase in short-term investments and client funds on deposit. These financial shifts indicate strategic adjustments in asset management, which could impact the company’s liquidity and investment strategies. The financial statements provide stakeholders with insights into the company’s operational adjustments and financial health during the first half of 2025.
On September 10, 2025, Patria Investments Limited held its annual general meeting where shareholders approved the financial statements and auditor’s report for the fiscal year ending December 31, 2024. Additionally, Daniel Rizardi Sorrentino was appointed as a new member of the Board of Directors, reflecting a strategic move to strengthen the company’s governance and leadership.
Patria Investments Limited has announced its Annual General Meeting (AGM) scheduled for September 10, 2025. The meeting will be held virtually and at their offices in Grand Cayman. Key resolutions to be voted on include the approval of the company’s financial statements for the fiscal year ending December 31, 2024, and the appointment of Daniel Rizardi Sorrentino to the Board of Directors. The AGM is significant for stakeholders as it will determine the company’s financial direction and leadership structure.
On August 20, 2025, Patria Investments announced a change in its Board of Directors with the resignation of Peter Paul Lorenço Estermann and the appointment of Daniel Rizardi Sorrentino as an interim Board member. Sorrentino, who has been with Patria since 2001 and currently serves as the Global Head of Commercial, will maintain his existing role while serving on the Board. This change reflects Patria’s ongoing strategic adjustments to strengthen its leadership and operational capabilities.
On August 1, 2025, Patria Investments reported its unaudited second-quarter earnings, highlighting a robust fundraising performance of $1.3 billion, bringing the total for the first half of 2025 to approximately $4.5 billion. The company anticipates exceeding its initial full-year fundraising target by 5%-10%. Patria’s Fee Related Earnings (FRE) for Q2 2025 reached $46 million, marking a 17% year-over-year increase, while the firm’s Fee Earning Assets Under Management (FEAUM) grew by 6% sequentially and 20% year-over-year. Despite potential global economic challenges, Patria remains confident in achieving its 2025 FRE target of $200-$225 million, supported by its diversified platform and organic growth. Additionally, the board authorized a new share repurchase program for up to 3 million Class A common shares, reflecting the company’s strategic focus on enhancing shareholder value.
On July 31, 2025, Patria Investments Limited released its unaudited condensed consolidated interim financial statements for the three-month period ending March 31, 2025. The report highlights a growth in net revenue from services, reaching $79.6 million compared to $63.9 million in the same period in 2024. Despite an increase in personnel expenses and financial expenses, the company managed to maintain a net income before income tax of $14.6 million, although this represents a decrease from the previous year’s $20.1 million. The financial results indicate a robust performance in revenue generation, although challenges in managing expenses have impacted profitability.