B. Riley Financial

B. Riley Financial, Inc. provides financial services and solutions to the capital raising and financial advisory needs of public and private firms. It operates through the following segments: Capital Markets, Auction and Liquidation, Financial Consulting, Principal Investments-United Online and magicJack, Brands, and Corporate and Other. The Capital Markets segment provides investment banking, corporate finance, research, wealth management, and sales and trading services to corporate, institutional, and high net worth clients. The Auction and Liquidation segment operates through the retail store liquidations and wholesale and industrial assets dispositions. The Financial Consulting segment consists of bankruptcy, financial advisory, forensic accounting, litigation support, real estate consulting and valuation and appraisal services. The Principal Investments segment includes UOL, through which the firm provide consumer Internet access, and magicJack, through which it provides VoIP communication and related product and subscription services. The Brands segment consists of its brand investment portfolio that is focused on generating revenue through the licensing of trademarks and is held by BR Brand. The company was founded in 1973 and is headquartered in Los Angeles, CA.

Earnings data Q3 2020

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

B. Riley Financial reports 2022 net loss but strong revenues, eyes growth

B. Riley Financial navigated investment losses to maintain strong operating revenues and EBITDA, fueled by strategic acquisitions and investments in recurring businesses. The company's balance sheet remains robust, supported by a dividend funded by recurring EBITDA. Management's focus on leverage and clarification on incentive fees present challenges, while opportunities lie in acquisitions and long-term debt structure.

B. Riley Financial reports strong Q1 earnings, eyes growth opportunities

B. Riley Financial's Q1 2023 earnings call showcased robust financial performance, driven by strategic acquisitions and diversified revenue streams. The company's strong balance sheet, focus on shareholder value creation, and confidence in navigating challenges position it well for future growth and value creation.

B. Riley Financial reports robust Q2 earnings and growth outlook

B. Riley Financial delivered a strong performance in Q2 2023, driven by revenue growth and operational improvements across key segments.
Despite challenges, the company's strategic strengths in various business areas and recent acquisitions position it well for future growth.
With a positive outlook on opportunities and a focus on enhancing advisory services, B. Riley Financial is poised for continued success and expansion.

B. Riley Financial reports record Q3 revenue and strategic investments

B. Riley Financial's Q3 showcased robust financial performance, marked by record revenues and operational efficiency.
While facing challenges from investment losses, the company's strategic initiatives and strong balance sheet position it for future growth.
Opportunities lie in expanding consumer segment revenue, potential buybacks, and continued focus on strategic investments for long-term value creation.

B. Riley Financial reports strong 2023 performance and strategic growth

B. Riley Financial delivered a robust financial performance in 2023 despite challenges, showcasing resilience and growth potential.
Maintaining a strong balance sheet, declaring dividends, and exploring strategic alternatives position the company for future success and value creation.
With a focus on core financial services and diverse revenue streams, B. Riley Financial is well-positioned to capitalize on growth opportunities and navigate challenges effectively.

B. Riley Financial reports mixed Q1 results, focuses on value creation

B. Riley Financial's Q1 2024 showed mixed financial performance with revenue growth in key segments but challenges in certain markets and operational efficiency.
Despite facing hurdles like investment losses and market challenges, the company maintains a strong liquidity position and a focus on strategic asset management for value creation.
Analysts' inquiries highlighted the need for clearer strategic direction and transparency, presenting an opportunity for the company to refine its communication and operational strategies.

B. Riley Financial projects Q2 loss, refocuses on core services

B. Riley Financial faces a challenging Q2 2024 with a projected net loss due to impairment charges and operational setbacks.
Despite challenges, the company showcases resilience by refocusing on core businesses and strategic initiatives to restore stakeholder confidence.
Opportunities lie in maximizing value from existing positions, enhancing forensic accounting capabilities, and creating growth avenues for clients.
The commitment to minimizing losses and creating opportunities underscores B. Riley's dedication to navigating challenges and fostering growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

B. Riley Financial, Inc. engages in the provision of financial services and solutions to the capital raising and financial advisory needs of public and private firms. It operates through the following segments: Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer. The Capital Markets segment provides investment banking, corporate finance, research, wealth management, and sales and trading services to corporate, institutional, and high net worth clients. The Wealth Management segment offers retail brokerage, investment management, and insurance, and tax preparation services. The Financial Consulting segment focuses on a variety of specialized advisory services spanning bankruptcy, restructuring, turnaround management, forensic accounting, crisis and litigation support, appraisal and valuation, real estate, and operations management. The Auction and Liquidation segment deals with retail liquidation services. The Communications segment is composed of a portfolio of companies acquired for attractive risk-adjusted investment return characteristics. The Consumer segment includes Targus and the Brands investment portfolio. The company was founded in 1973 and is headquartered in Los Angeles, CA.

NEW YORK, March 24, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of B. Riley Financial, Inc. (NASDAQ: RILY) between February 28, 2022 and November 9, 2023, both dates inclusive (the "Class Period"), of the important March 25, 2024 lead plaintiff deadline.

RILY DEADLINE TOMORROW: ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages B. Riley Financial, Inc. Investors to Secure Counsel Before Important March 25 Deadline in Securities Class Action - RILY

NEW YORK, NY / ACCESSWIRE / March 23, 2024 / If you suffered a loss on your B. Riley Financial, Inc. (NASDAQ:RILY) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/b-riley-lawsuit-submission-form?prid=72384&wire=1 or contact Joseph E.

B. Riley Financial, Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before March 25, 2024 to Discuss Your Rights - RILY

LOS ANGELES, CA / ACCESSWIRE / March 23, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against B. Riley Financial, Inc. ("B.

FINAL DEADLINE MONDAY: The Schall Law Firm Encourages Investors in B. Riley Financial, Inc. with Losses of $100,000 to Contact the Firm

NEW YORK, NY / ACCESSWIRE / March 22, 2024 / If you suffered a loss on your B. Riley Financial, Inc. (NASDAQ:RILY) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/b-riley-lawsuit-submission-form?prid=72335&wire=1 or contact Joseph E.

Contact Levi & Korsinsky by March 25, 2024 Deadline to Join Class Action Against B. Riley Financial, Inc.(RILY)

LOS ANGELES , March 22, 2024 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against B. Riley Financial, Inc. ("B.

RILY Investors Have Opportunity to Lead B. Riley Financial, Inc. Securities Fraud Lawsuit

Short allegations against B. Riley Financial, Inc. lack substantive evidence and are not supported by fundamental analysis. B. Riley Financial has a strong track record as a distressed debt investor, consistently delivering high IRR through short-term transformational, restructuring, and bankruptcy loans. B. Riley's fixed income is backed by a highly stable operating business with contractual revenues.

Deeply Undervalued Bond Yield 10%: B. Riley Financial

NEW YORK, NY / ACCESSWIRE / March 22, 2024 / If you suffered a loss on your B. Riley Financial, Inc. (NASDAQ:RILY) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/b-riley-lawsuit-submission-form?prid=72275&wire=1 or contact Joseph E.

Levi & Korsinsky Notifies Shareholders of B. Riley Financial, Inc. (RILY) of a Class Action Lawsuit and an Upcoming Deadline

NEW YORK, NY / ACCESSWIRE / March 21, 2024 / If you suffered a loss on your B. Riley Financial, Inc. (NASDAQ:RILY) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/b-riley-lawsuit-submission-form?prid=72062&wire=1 or contact Joseph E.

Shareholders that lost money on B. Riley Financial, Inc.(RILY) should contact Levi & Korsinsky about pending Class Action - RILY

LOS ANGELES, CA / ACCESSWIRE / March 21, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against B. Riley Financial, Inc. ("B.

DEADLINE ACTION NOTICE: The Schall Law Firm Encourages Investors in B. Riley Financial, Inc. with Losses of $100,000 to Contact the Firm

NEW YORK, NY / ACCESSWIRE / March 20, 2024 / If you suffered a loss on your B. Riley Financial, Inc. (NASDAQ:RILY) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/b-riley-lawsuit-submission-form?prid=71998&wire=1 or contact Joseph E.

B. Riley Financial, Inc. Sued for Securities Law Violations - Contact Levi & Korsinsky Before March 25, 2024 to Discuss Your Rights - RILY

LOS ANGELES, CA / ACCESSWIRE / March 20, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against B. Riley Financial, Inc. ("B.

MARCH 25 FINAL DEADLINE: The Schall Law Firm Encourages Investors in B. Riley Financial, Inc. with Losses of $100,000 to Contact the Firm

NEW YORK, NY / ACCESSWIRE / March 19, 2024 / If you suffered a loss on your B. Riley Financial, Inc. (NASDAQ:RILY) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/b-riley-lawsuit-submission-form?prid=71805&wire=1 or contact Joseph E.

RILY LAWSUIT ALERT: Levi & Korsinsky Notifies B. Riley Financial, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline

NEW YORK , March 19, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against B. Riley Financial, Inc. ("B.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in B. Riley Financial, Inc. of Class Action Lawsuit and Upcoming Deadlines - RILY

NEW YORK, NY / ACCESSWIRE / March 19, 2024 / If you suffered a loss on your B. Riley Financial, Inc. (NASDAQ:RILY) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/b-riley-lawsuit-submission-form?prid=71798&wire=1 or contact Joseph E.

Shareholders that lost money on B. Riley Financial, Inc.(RILY) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More

NEW YORK, NY / ACCESSWIRE / March 19, 2024 / If you suffered a loss on your B. Riley Financial, Inc. (NASDAQ:RILY) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/b-riley-lawsuit-submission-form?prid=71690&wire=1 or contact Joseph E.

Class Action Filed Against B. Riley Financial, Inc. (RILY) Seeking Recovery for Investors - Contact Levi & Korsinsky

LOS ANGELES, CA / ACCESSWIRE / March 19, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against B. Riley Financial, Inc. ("B.

6-DAY DEADLINE NOTICE: The Schall Law Firm Encourages Investors in B. Riley Financial, Inc. with Losses of $100,000 to Contact the Firm

NEW YORK, NY / ACCESSWIRE / March 18, 2024 / If you suffered a loss on your B. Riley Financial, Inc. (NASDAQ:RILY) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/b-riley-lawsuit-submission-form?prid=71581&wire=1 or contact Joseph E.

Class Action Filed Against B. Riley Financial, Inc. (RILY) - March 25, 2024 Deadline to Join – Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / March 18, 2024 / If you suffered a loss on your B. Riley Financial, Inc. (NASDAQ:RILY) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/b-riley-lawsuit-submission-form?prid=71537&wire=1 or contact Joseph E.

Class Action Filed Against B. Riley Financial, Inc. (RILY) - March 25, 2024 Deadline to Join - Contact Levi & Korsinsky

B. Riley Financial (NASDAQ: RILY ) stock is falling on Monday after the company delayed its Form 10-K for 2023. A Form 12b-25 filing with the Securities and Exchange Commission (SEC) reveals that the company couldn't have the filing ready by the Feb. 29 cutoff date.

Why Is B. Riley Financial (RILY) Stock Down 13% Today?

LOS ANGELES, CA / ACCESSWIRE / March 17, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against B. Riley Financial, Inc. ("B.

8-DAY DEADLINE NOTICE: The Schall Law Firm Encourages Investors in B. Riley Financial, Inc. with Losses of $100,000 to Contact the Firm

NEW YORK, NY / ACCESSWIRE / March 15, 2024 / If you suffered a loss on your B. Riley Financial, Inc. (NASDAQ:RILY) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/b-riley-lawsuit-submission-form?prid=71324&wire=1 or contact Joseph E.

Shareholders of B. Riley Financial, Inc. Should Contact Levi & Korsinsky Before March 25, 2024 to Discuss Your Rights – RILY

NEW YORK, NY / ACCESSWIRE / March 15, 2024 / If you suffered a loss on your B. Riley Financial, Inc. (NASDAQ:RILY) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/b-riley-lawsuit-submission-form?prid=71305&wire=1 or contact Joseph E.

Levi & Korsinsky Notifies B. Riley Financial, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline – RILY

NEW YORK, NY / ACCESSWIRE / March 15, 2024 / If you suffered a loss on your B. Riley Financial, Inc. (NASDAQ:RILY) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/b-riley-lawsuit-submission-form?prid=71292&wire=1 or contact Joseph E.

B. Riley Financial, Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky Before March 25, 2024 to Discuss Your Rights - RILY

NEW YORK, NY / ACCESSWIRE / March 15, 2024 / If you suffered a loss on your B. Riley Financial, Inc. (NASDAQ:RILY) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/b-riley-lawsuit-submission-form?prid=71248&wire=1 or contact Joseph E.

Shareholders that Lost Money on B. Riley Financial, Inc.(RILY) Should Contact Levi & Korsinsky about Pending Class Action - RILY

NEW YORK, NY / ACCESSWIRE / March 15, 2024 / If you suffered a loss on your B. Riley Financial, Inc. (NASDAQ:RILY) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/b-riley-lawsuit-submission-form?prid=71233&wire=1 or contact Joseph E.

News for B. Riley Financial Stock (RILY)