Company: RILY
Filing Date: 2025-12-15
Form Type: 10-Q
Source: 0001464790-25-000029
Chunk: 197

Company: B. Riley Financial, Inc.
Filing Date: 2025-12-15
Form: 10-Q
Item: Part I, Item 2
Chunk 197
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41.9)%Wealth Management segment80,087 100,764 (20,677)(20.5)%Communications segment123,905 158,814 (34,909)(22.0)%E-Commerce segment3,469 2,731 738 27.0 %All Other32,850 44,092 (11,242)(25.5)%Subtotal304,611 416,990 (112,379)(27.0)%Trading gains (losses), net:Capital Markets segment5,697 (50,879)56,576 (111.2)%Wealth Management segment5,812 1,891 3,921 n/mSubtotal11,509 (48,988)60,497 (123.5)%Fair value adjustments on loans:Capital Markets segment(7,296)(187,783)180,487 (96.1)%Interest income - loans:Capital Markets segment7,049 40,643 (33,594)(82.7)%Interest income - securities lending:Capital Markets segment2,964 62,607 (59,643)(95.3)%Sale of goods:Communications segment2,772 2,761 11 0.4 %Consumer Products segment85,387 102,946 (17,559)(17.1)%E-Commerce segment3,528 2,265 1,263 55.8 %All Other841 1,034 (193)(18.7)%Subtotal92,528 109,006 (16,478)(15.1)%Total revenues$411,365 $392,475 $18,890 4.8 %

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n/m - Not applicable or not meaningful. 

Total revenues increased $18.9 million to $411.4 million during the six months ended June 30, 2025 from $392.5 million during the six months ended June 30, 2024. The increase in revenues during the six months ended June 30, 2025 was primarily due to increases in revenue from fair value adjustments on loans of $180.5 million, and in the fair value of the portfolio of securities and other investments owned of $60.5 million, partially offset by decreases in revenues from services and fees of $112.4 million, interest income from securities lending of $59.6 million, interest income