Patria Investments Limited (PAX) Q1 2023 Earnings Call Transcript

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Q1: 2023-05-04 Earnings Summary

EPS of $0.27 misses by $0.03
 | Revenue of $73.80M (34.18% Y/Y) beats by $14.15M

Patria Investments Limited (NASDAQ:PAX) Q1 2023 Earnings Conference Call May 4, 2023 9:00 AM ET

Company Participants

Josh Wood - Head of Shareholder Relations
Alex Saigh - Chief Executive Officer
Ana Russo - Chief Financial Officer
Marco D’Ippolito - Chief Corporate Development Officer

Conference Call Participants

Tito Labarta - Goldman Sachs
Craig Siegenthaler - BofA Securities
William Barranjard - Itau BBA
Domingos Falavina - JPMorgan
Michael Brown - Keefe, Bruyette, & Woods, Inc.

Operator

Good day, and thank you for standing by. Welcome to the Patria First Quarter 2023 Earnings Call. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Josh Wood, Head of Shareholder Relations. Please go ahead.

Josh Wood

Thank you. Good morning, everyone, and welcome to Patria's First Quarter 2023 Earnings Call. Joining today are our Chief Executive Officer, Alex Saigh; our Chief Financial Officer, Ana Russo; and our Chief Corporate Development Officer, Marco D'Ippolito.

This morning, we issued a press release and earnings presentation detailing our results for the first quarter 2023, which you can find posted on our Investor Relations website at ir.patria.com or on Form 6-K filed with the Securities and Exchange Commission. Any forward-looking statements made on this call are uncertain, do not guarantee future performance and undue reliance should not be placed on them. Patria assumes no obligation and does not intend to update any such forward-looking statements. Such statements are based on current management expectations and involve inherent risks, including those discussed in the Risk Factors section of our latest Form 20-F annual report. Also note that no statements on this call constitute an offer to sell or a solicitation of an offer to purchase an interest in any Patria fund. As a foreign private issuer, Patria reports financial results using International Financial Reporting Standards, or IFRS, as

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