Ridgepost Capital, Inc. operates as a multi-asset class private market solutions provider in the alternative asset management industry in the United States, North America, Europe, and internationally. The company's portfolio of private solutions includes private equity, venture capital, impact investing, and private credit, as well as primary fund of funds, secondary investment, and direct and co-investment services. It markets its private equity solutions under the RCP Advisors, Bonaccord Capital, Ridgepost Advisors, and Qualitas brands; venture capital solutions under the TrueBridge brand; impact investing solutions under the Enhanced brand; and private credit solutions under the Five Points, Hark Capital, and WTI brands. The company was formerly known as P10, Inc. and changed its name to Ridgepost Capital, Inc. in February 2026. Ridgepost Capital, Inc. was founded in 1992 and is headquartered in Dallas, Texas.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $297M | $85M | $20M | $18M | 5.6% | 0.3% | 4.3% |
| 2024 | $296M | $80M | $19M | $96M | 5.4% | 22.6% | -362.2% |
| 2023 | $242M | $49M | $-7M | $46M | -1.8% | 21.9% | -124.4% |
| 2022 | $198M | $72M | $29M | $60M | 7.4% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 198.36 | 241.73 | 296.45 | 297.35 |
| Operating Revenue | - | 196.55 | 238.73 | 290.22 | 292.49 |
| Cost Of Revenue | - | 94.30 | 154.29 | 155.32 | 143.63 |
| Gross Profit | - | 104.06 | 87.45 | 141.13 | 153.71 |
| Operating Expense | - | 58.24 | 64.47 | 75.86 | 84.54 |
| Selling General And Administration | - | 31.38 | 35.25 | 50.24 | 60.69 |
| Total Expenses | - | 152.54 | 218.76 | 231.17 | 228.17 |
| Operating Income | - | 45.82 | 22.98 | 65.28 | 69.18 |
| Total Operating Income As Reported | - | 43.42 | 20.92 | 60.62 | 65.54 |
| EBITDA | - | 72.32 | 48.69 | 80.43 | 85.45 |
| Normalized EBITDA | - | 74.72 | 50.74 | 85.08 | 89.08 |
| EBIT | - | 44.97 | 18.73 | 53.87 | 59.75 |
| Interest Expense | - | 9.51 | 21.87 | 25.51 | 27.34 |
| Net Interest Income | - | -9.51 | -21.87 | -25.51 | -27.34 |
| Other Non Operating Income Expenses | - | 1.54 | -2.19 | -6.75 | -5.79 |
| Other Income Expense | - | -0.85 | -4.24 | -11.40 | -9.42 |
| Interest Expense Non Operating | - | 9.51 | 21.87 | 25.51 | 27.34 |
| Net Non Operating Interest Income Expense | - | -9.51 | -21.87 | -25.51 | -27.34 |
| Pretax Income | - | 35.46 | -3.14 | 28.36 | 32.41 |
| Tax Provision | - | 6.06 | 4.63 | 8.70 | 9.44 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -0.41 | -0.43 | -1.43 | -1.06 |
| Net Income Continuous Operations | - | 29.40 | -7.77 | 19.67 | 22.96 |
| Net Income From Continuing And Discontinued Operation | - | 29.21 | -7.13 | 18.70 | 19.50 |
| Net Income From Continuing Operation Net Minority Interest | - | 29.21 | -7.13 | 18.70 | 19.50 |
| Net Income | - | 29.21 | -7.13 | 18.70 | 19.50 |
| Net Income Common Stockholders | - | 29.21 | -7.13 | 18.70 | 19.50 |
| Net Income Including Noncontrolling Interests | - | 29.40 | -7.77 | 19.67 | 22.96 |
| Normalized Income | - | 31.19 | -5.51 | 21.93 | 22.08 |
| Diluted NI Availto Com Stockholders | - | 29.21 | -7.13 | 18.70 | 19.50 |
| Basic Average Shares | 72.66 | 116.75 | 116.10 | 112.55 | - |
| Diluted Average Shares | 112.33 | 121.66 | 116.10 | 120.38 | - |
| Reconciled Depreciation | - | 27.35 | 29.96 | 26.56 | 25.70 |
| Reconciled Cost Of Revenue | - | 93.81 | 153.55 | 154.37 | 141.78 |
| Total Unusual Items | - | -2.40 | -2.05 | -4.66 | -3.63 |
| Total Unusual Items Excluding Goodwill | - | -2.40 | -2.05 | -4.66 | -3.63 |
| Preferred Stock Dividends | 1.59 | - | - | - | - |
| Minority Interests | - | -0.19 | 0.64 | -0.97 | -3.46 |
| Special Income Charges | - | -2.40 | -2.05 | -4.66 | -3.63 |
| Other Special Charges | 15.31 | - | - | - | - |
| Restructuring And Mergern Acquisition | - | 2.40 | 2.05 | 4.66 | 3.63 |
| Depreciation Amortization Depletion Income Statement | - | 26.87 | 29.22 | 25.61 | 23.84 |
| Depreciation And Amortization In Income Statement | - | 26.87 | 29.22 | 25.61 | 23.84 |
| General And Administrative Expense | - | 31.38 | 35.25 | 50.24 | 60.69 |
| Other Gand A | - | 31.38 | 35.25 | 50.24 | 60.69 |
| Salaries And Wages | 54.76 | 94.30 | - | - | - |
| Other Operating Expenses | 0.15 | - | - | - | - |
| Amortization | - | 26.87 | 29.22 | 25.61 | 23.84 |
| Amortization Of Intangibles Income Statement | - | 26.87 | 29.22 | 25.61 | 23.84 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Ridgepost Capital, Incthis co. | RPC | $891M | 45.70β premium | 2.54 | 5.6% | 14.81 |
| TrustCo Bank Corp NY | TRST | $920M | 15.05 | 1.34 | 8.9% | - |
| CNB Financial Corporation | CCNE | $918M | 13.89 | 1.13 | 8.1% | - |
| Mercantile Bank Corporation | MBWM | $909M | 10.24 | 1.25 | 12.2% | - |
| Central Pacific Financial Corp. | CPF | $908M |
| - |
| - |
| - |
| - |
| - |
| 11.72 |
| 1.53 |
| 13.1% |
| - |
| Hanmi Financial Corporation | HAFC | $907M | 11.92 | 1.14 | 9.6% | - |
| Jefferson Capital, Inc. | JCAP | $889M | 4.73 | 1.87 | 39.5% | 10.24 |
| Amerant Bancorp Inc. | AMTB | $887M | 16.92 | 0.94 | 5.6% | - |
| NB Bancorp, Inc. | NBBK | $873M | 17.35 | 1.02 | 5.9% | - |
| Peer Median | - | 12.90 | 1.20 | 9.2% | 10.24 | |