Quarterly ResultJul 28, 2026, 06:08 AM
Patria Investments Q1 Net Income $4.6M, EPS $0.01; Revenue $97.1M
AI Summary
Patria Investments Ltd reported a significant decline in net income and basic EPS for the first quarter of 2026, with net income falling to $4.6 million from $16.6 million year-over-year, despite a rise in net revenue from services to $97.1 million. The company's total assets increased to $1,779.6 million by March 31, 2026. During the quarter, Patria also completed two strategic acquisitions, gaining controlling interests in Solis Investimentos Limited and RBR Gestão de Recursos Ltda.
Key Highlights
- Net income for Q1 2026 was $4.6 million, down from $16.6 million in Q1 2025.
- Basic earnings per share (EPS) for Q1 2026 was $0.01354, a decrease from $0.09903 in Q1 2025.
- Net revenue from services increased to $97.1 million in Q1 2026 from $79.6 million in Q1 2025.
- Total assets grew to $1,779.6 million as of March 31, 2026, from $1,495.1 million at Dec 31, 2025.
- Acquired 51% controlling interest in Solis Investimentos Limited on January 2, 2026.
- Acquired 100% interest in RBR Gestão de Recursos Ltda on February 2, 2026.
- Net cash provided by operating activities was $31.4 million in Q1 2026, down from $100.1 million in Q1 2025.
Price Impact
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