Patria Investments Limited

Patria Investments Limited

PAX
Patria Investments LimitedUS flagNASDAQ Global Select
11.11
USD
-0.51
- -
1.77BMarket Cap
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.79
0.92
0.86
1.73
1.76
2.21
2.44
2.39
2.39
Basic EPS, GAAP
0.33
0.44
0.47
0.9
0.63
0.8
0.47
0.54
0.54
Free Cash Flow per Basic Share
0.28
0.33
0.39
0.78
0.5
0.96
0.9
1.59
1.59
Dividend per Share
0.28
0.35
0.48
0.88
0.7
0.98
0.86
0.6
0.6
Book Value per Share
0.55
0.64
0.46
0.65
0.53
0.34
- -
- -
- -
Tangible Book Value per Share
0.34
0.47
0.27
1.51
0.69
0.23
-1.37
-1.19
-1.2
Basic Weighted Avg Shares
134
134
134
136
147
148
153
160
160
Sales/Revenue/Turnover
106
123
115
236
259
328
374
382
382
Operating Margin (%)
44.04
52.5
58.43
58.27
50.38
50.01
44.33
37.46
37.54
Depreciation Expense
7
8
8
9
21
27
36
46
46
Net Income, GAAP
44
59
62
122
93
118
72
86
86
Effective Tax Rate (%)
4.29
5.45
4.83
0.31
8.15
- -
11.98
1.86
1.86
Profit Margin (%)
41.33
47.41
54.09
52
35.91
36.14
19.21
22.44
22.44
Working Capital
37
38
10
196
142
4
-25
-10
-10
LT Debt
- -
2
1
7
14
13
168
194
194
Total Equity
78
89
59
564
513
521
491
633
633
Return on Invested Capital (%)
- -
66.37
81.8
42.75
21.55
- -
22.52
17.49
17.52
Return on Capital (%)
- -
65.12
78.51
154.84
124.48
- -
51.08
40.13
41.39
Return on Common Equity (%)
- -
73.91
84.36
163.34
112.3
184.37
282.63
552,587.1
552,587.1

Capital Structure

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
91
46
4
LT Borrowings
76
105
175
LT Finance Leases
20
20
19
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
159
158
159
Market Capitalization
2,202
2,307
2,535

Working Capital

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
312
245
405
Cash, Cash Equivalents & STI
110
52
89
Accounts Receivable, Net
72
89
119
Inventories
- -
- -
- -
Total Current Liabilities
402
357
415
Payables & Accruals
183
206
242
ST Debt
91
46
4
Deferred Revenue
- -
30
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
174.19%
29.02%
Free Cash Flow
- -
49.05%
84.01%
Net Income, GAAP
- -
16.01%
19.17%
Sales/Revenue/Turnover
- -
31.49%
2.01%
Total Cash Common Dividend
- -
15.12%
-28.13%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
74
79
64
112
328
2024
64
75
78
157
374
2025
80
83
86
133
382

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.12
0.24
0.12
- -
0.8
2024
0.1
- -
- -
0.36
0.47
2025
0.1
0.08
0.14
- -
0.54

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.31
0.22
0.25
- -
0.98
2024
0.4
0.18
0.15
0.15
0.86
2025
0.15
0.15
0.15
- -
0.6

Company Description

APIChat
CEO
Alexandre Teixeira de Assumpcao Saigh
Full Time Employees
577
Sector
Financial Services
Industry
Asset Management
Address
18 Forum Lane Grand Cayman Brazil KY1-9006
IPO Date
Jan 22, 2021
Website
patria.com
Business
Patria Investments Limited operates as a Cayman Islands-based global alternative investment management firm primarily focused on Latin America. The company offers a diversified range of investment products and services including private equity funds; infrastructure development funds; credit solutions encompassing secured lending and distressed debt; real estate investment; public equities; and a global private markets solutions vertical. Its investment portfolio spans resilient sectors such as agribusiness, healthcare, education, food and beverages, diversified agribusiness, transportation, energy, logistics, and digital and tech services, targeting institutional investors, pension funds, sovereign wealth funds, and family offices. Patria seeks to provide portfolio diversification and consistent returns through active investment management and operational improvements. The firm was founded over 35 years ago, with headquarters in the Cayman Islands, and maintains significant operations across Brazil, Colombia, Chile, Uruguay, and other Latin American countries, as well as select presence in the United States and United Kingdom. Recent major developments include the acquisition and integration of Aberdeen’s private equity solutions business, expanding its offerings to form a new vertical called Global Private Market Solutions (GPMS) with fee-earning assets under management exceeding $10 billion. Patria also completed the acquisition of Credit Suisse's real estate fund management business in Brazil, enhancing its infrastructure and real estate platforms. The firm has raised substantial capital for new funds, including a BRL5 billion infrastructure fund supported by development banks and pension funds, and launched a new LatAm-focused private credit fund. In 2024, it launched an energy trading company, Tria, to complement its investments in energy infrastructure. Patria is focused on organic growth as well as strategic partnerships, notably its recent partnership with Bancolombia to expand its real estate investment trust market footprint in Colombia. The company projects significant growth in fee-related earnings, with targeted 2024 and 2025 earnings well above previous years, driven by diversified product offerings and geographic expansion across Latin America. Patria Investments Limited remains a leading alternative asset manager in Latin America, distinguished by its multi-asset product platform, regional expertise, and active asset management approach designed to maximize investor returns while fostering sustainable development across key sectors and markets.

Company News

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