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Patria Investments Reports $208.4 Million in First-Half Net Revenue From Services

Net income fell to $19.2 million from $30.7 million, while operating cash flow declined to $71.7 million from $175.5 million.

Metallic columns arranged at contrasting heights on a stone platform / TokenPost.ai
Metallic columns arranged at contrasting heights on a stone platform / TokenPost.ai

Patria Investments Limited posted $208.4 million in net revenue from services for the first half, up from $162.1 million a year earlier, while net income and operating cash flow declined.

Net income fell to $19.2 million from $30.7 million in the year-earlier period. GAAP earnings per share were $0.08031.

Net cash provided by operating activities dropped to $71.7 million from $175.5 million. The results were reported Oct. 8 at 10:51 a.m. ET (14:51 UTC).

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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