Patria Investments Restricted (NASDAQ:PAX)
Q3 2021 Earnings Name
Nov 18, 2021, 9:00 a.m. ET
- Ready Remarks
- Questions and Options
- Name Individuals
Good day, and Thanks for standing by. Welcome to the PatriA third-quarter 2021 incomess convention call. [Opperiodtor courses] I might now like Useful the convention over to your converseer right now, Josh Wooden, head of shareprimarytainer relations. Please go forward.
Thank you. Good morning, everyphysique, and welcome to Patria’s third quarter 2021 incomess call. Becoming a member of on The choice right now are our chief authorities officer, Alex Saigh; and our chief monetary officer, Marco D’Ippolito. Earlier this morning, we problemd a press launch and incomess curleaseation detailing our third quarter 2021 end Outcomes, which Yow will uncover submited on our Investor Relations internet website at ir.patria.com or on Type 6-K filed with the Securities and Commerce Fee.
Any forward-wanting statements made on this call are unassembleive, Do not guarantee future efficiency, and undue reliance Ought to not be placeed on them. Patria assumes no obligation and Does not intfinish to replace any such forward-wanting statements. Such statements are based mostly on curlease administration anticipateations and contain inright helease hazards, collectively with these converseed about Inside The hazard Elements part of our Type 20-F annual report filed earlier this yr. As a overseas private problemr, Patria reviews monetary end Outcomes using Worldwide Financial Reporting Requirements, or IFRS, Versus US GAAP.
Furtherextra, We’ll report and Check with sure non-GAAP enterprise meaassembleives, which Ought to not be confacetred in isolation from or Instead to meaassembleives prepared in accordance with IFRS. Reconciliations Of these meaassembleives to In all probcapability the most comparable meaassembleives calculated in accordance with IFRS are included in our incomess curleaseation. As A quick overview of The Outcomes, Patria genepriced $21.5 million in IFRS internet income in Q3 ’21. On key non-GAAP meaassembleives for the third quarter, we genepriced payment-associated incomess of $21.8 million and efficiency-associated incomess of $1.5 million, Ensuing in distrihowevperiodble incomess of $22.5 million or $0.165 per share.
In alignment with our covperiodge, we declared a dividfinish of $0.14 per share payable on December 16 to shareprimarytainers of doc as of December 2. With that, I am going to now flip The choice over to our chief authorities officer, Alex Saigh.
Alex Saigh — Chief Executive Officer
Thank you, Josh. Good morning to you all, and Thanks for be a part ofing us right now. We now discover ourselves nearing The prime of 2021, Patria’s first yr as a …….