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 Q3 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.

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.

B. Riley Financial Inc. (NASDAQ: RILY) saw its stock plunge by 50% on Monday after the investment bank announced substantial losses for its second fiscal quarter.

B. Riley stock plummets 50% amid significant Q2 losses: Here's what happened

U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining around 0.2% on Monday.

Crude Oil Surges 2%; B. Riley Financial Shares Plunge

B. Riley said it expects to post a massive second-quarter loss due to noncash charges and announced the suspension of its dividend. B. Riley has been the subject of criticism over its relationship with Franchise Group and is reportedly now under government investigation.

Why B. Riley Financial Shares Are Plunging Today

Hawaiian Electric Industries

JetBlue Airways

U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 50 points on Monday.

JetBlue Airways, B. Riley Financial, Hawaiian Electric And Other Big Stocks Moving Lower In Monday's Pre-Market Session

B. Riley Financial Inc.'s stock RILY, -2.42% was down by 23% in premarket trading on Monday after the investment bank said it's suspending its dividend due partly to the fallout from a loan it provided to help the former chief executive of Franchise Group Inc. acquire the company last year. The company said its second-quarter results were negatively impacted by non-cash losses.

B. Riley Financial stock drops 23% after it suspends dividend

Provides Additional Detail on FRG Investment and Other Developments Investor Call Scheduled for Monday, August 12 at 8:30 am ET LOS ANGELES , Aug. 12, 2024 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B.

B. Riley Financial Releases Preliminary Second Quarter 2024 Financial Results

Allegiant Travel Company

Corsair Gaming

3D Systems

GEO Group

Gap Inc

HCI Group

Innovative Industrial Properties

Jefferies Financial Group Inc

Leggett & Platt

Dorian LPG

MP Materials

New York Community Bancorp

Pitney Bowes

Shoe Carnival

Super Micro Computer

SunPower

Texas Pacific Land Trust

Walgreens

XPEL

Difficult-to-short stocks are likely to lag the market. Few investors are aware of this tendency, much less act on it, because they instead focus on finding stocks that can outperform the market.

20 stocks the bears can't easily short — and that's why you shouldn't buy them

Initial discounts of 30 to 50% off across all merchandise, both in-store and online Sale event is being managed by B. Riley Retail Solutions, LLC THE WOODLANDS, Texas and MULBERRY, Fla.

Store Closing Sales Commence Across Conn's HomePlus and Badcock Home Furniture & More Locations

NEW YORK , July 17, 2024 /PRNewswire/ -- B. Riley Securities , a leading middle market brokerage and investment bank, and subsidiary of B.

B. Riley Securities to Host Consumer and TMT Conference in New York on September 12, 2024

Adds Industry-Leading Team of Consultants to B. Riley Advisory Services,  Enhances Platform's Continuum of Professional Services LOS ANGELES and HOUSTON , July 8, 2024 /PRNewswire/ -- B.

B. Riley Financial Acquires Interface Consulting International

The B. Riley Financial (NASDAQ: RILY) stock price has been one of the worst performers in the financial services industry this year. It has crashed by over 16.8% this year while the S&P 500 and Nasdaq 100 indices have jumped by more than 14% and are sitting at their all-time highs.

B. Riley (RILY) stock has a 52% short interest, 11% yield: is it a buy?

Lemonade

Upstart Holdings

Short-squeeze stocks are gaining a lot of popularity among retail investors, especially those who are active on Reddit (NYSE: RDDT ). Of course, it's impossible not to mention the “Roaring Kitty” phenomenon, which caused many heavily-shorted stocks to become big winners overnight.

3 Short-Squeeze Stocks to Buy Hand over Fist in June 2024

SAN DIEGO, June 17, 2024 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in NASDAQ: RILY shares. Investors who purchased shares of B.

NASDAQ: RILY Lawsuit Alert: Investors who lost money with B. Riley Financial, Inc. (NASDAQ: RILY) shares should contact the Shareholders Foundation

My last assessments on B. Riley (initially Strong Sell, then 'Neutral/Hold' to protect against a short squeeze) were accurate, generating +6.42% of value. Two quarters later, B. Riley's core operating profitability has worsened, leading to an erosion of ROIC. It has a negative net interest coverage and its debt coverage ratios have spiked. All this is leading to a bleed of excess liquidity in the company, which has fallen 25% over the last 2 quarters.

B. Riley: Unsustainable Profitability And Eroding Net Asset Value

Verizon

We are exploring a steady way to achieve a $2 million nest egg through strategic dividend investing. High-yield dividends let you build long-term wealth while providing usable current income. We discuss two picks with up to 8.8% yields for a comfortable retirement.

2 Bargains I Am Buying Hand Over Fist, Yield To 8.5%

PHILADELPHIA, PA / ACCESSWIRE / May 30, 2024 / Kehoe Law Firm, P.C. is investigating whether certain directors and officers of B.

B. Riley Financial Stock - Investors of B. Riley Financial Encouraged To Contact Kehoe Law Firm, P.C.

B. Riley Financial's total cash and investments balance at $1.61 billion provides substantial balance sheet depth. The company declared a $0.50 per share quarterly cash dividend for a 7% annual dividend yield. RILY faces jus $25 million in debt maturing in 2024 as of the end of its first quarter with $146.4 million of debt maturing in 2025 comfortably covered by cash.

B. Riley Financial: $1.61 Billion In Ample Liquidity, Dividend Declared, And Short Squeeze

B. Riley Financial, Inc. (NASDAQ:RILY ) Q1 2024 Earnings Conference Call May 15, 2024 4:30 PM ET Company Participants Bryant Riley - Chairman, Co-Founder & Co-CEO Phillip Ahn - CFO & COO Tom Kelleher - Co-Founder & Co-CEO Conference Call Participants Sean Haydon - Charles Lane Capital Paul Dwyer - Punch & Associates Robert Heimowitz - Concise Capital Management Operator Good afternoon, and welcome to B. Riley Financial's First Quarter 2024 Earnings Call.

B. Riley Financial, Inc. (RILY) Q1 2024 Earnings Call Transcript

LOS ANGELES , May 15, 2024 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B.

B. Riley Financial Reports First Quarter 2024 Results; Declares Quarterly Dividend of $0.50 per share

Arbor Realty Trust

Comstock Resources

Guess?

GameStop

Kohl's

Medifast

Medical Properties Trust

Trupanion

Vital Energy Inc

Meme-stock maven Roaring Kitty surfaced on social media again to hype GameStop shares. But there are better targets beyond the S&P 500.

10 Stocks 'Roaring Kitty' Should Target Next Instead Of GameStop

Biomea Fusion Inc

Children's Place

The surge in GameStop (NYSE: GME) and AMC Entertainment (NYSE: AMC) stocks, which added over 100% in their value in just one day, has hinted at the craze that was gripping the stock market when meme mania hit and has already caused short-sellers to lose over $1 billion, while GME and AMC stocks added over $6 billion to their market caps in the process.

Looking for the next meme stock? These stocks are short-squeeze targets

Company to Present and Participate in Investor Meetings During 24th Annual B. Riley Institutional Investor Conference on May 22-23, 2024 LOS ANGELES , May 8, 2024 /PRNewswire/ -- B.

B. Riley Financial to Report First Quarter 2024 Results on Wednesday May 15, 2024

All trading commissions on May 16 will be donated to the Sugar Ray Leonard Foundation in support of funding research and care for childhood diabetes LOS ANGELES , May 8, 2024 /PRNewswire/ -- B. Riley Securities , a leading middle market brokerage and investment bank, together with B.

B. Riley Will Hold its Annual Commissions for Charity Day on May 16, 2024

LOS ANGELES , May 1, 2024 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B.

B. Riley Financial Announces Full Redemption of 6.75% Senior Notes due 2024

B. Riley Retail Solutions is Facilitating Colorado Cyclist and Planet Cyclery Website Closing Sales LOS ANGELES , April 29, 2024 /PRNewswire/ -- Premium providers of high-quality bikes, components, and apparel for cyclists, Planet Cyclery and Colorado Cyclist, have commenced website closing sales across all premium cycling apparel and gear with starting discounts of up to 30% across all merchandise. Both sitewide closing sales feature deep discounts across biking gear and equipment, from bikes, wheels, tires and components to apparel, including best-selling helmets, tires, and water bottles.

News for B. Riley Financial Stock (RILY)