Company: RILYN
Filing Date: 2025-02-21
Form Type: 10-Q
Source: 0001628280-25-007082
Chunk: 143

Company: B. Riley Financial, Inc.
Filing Date: 2025-02-21
Form: 10-Q
Item: Part I, Item 1
Chunk 143
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52,638)(5.2)%Operating (loss) income(320,721)141,362 (462,083)n/mOther income (expense):Interest income2,909 3,455 (546)(15.8)%Dividend income4,139 9,541 (5,402)(56.6)%Realized and unrealized losses on investments(212,362)(77,020)(135,342)175.7 %Change in fair value of financial instruments and other627 (3,998)4,625 (115.7)%Income (loss) from equity investments12 (175)187 (106.9)%Interest expense(102,195)(118,630)16,435 (13.9)%Loss from continuing operations before income taxes(627,591)(45,465)(582,126)n/mProvision for income taxes(17,915)(3,045)(14,870)n/mLoss from continuing operations(645,506)(48,510)(596,996)n/m(Loss) income from discontinued operations, net of income taxes(123,827)32,543 (156,370)n/mNet loss(769,333)(15,967)(753,366)n/mNet loss attributable to noncontrolling interests(2,167)(5,680)3,513 (61.8)%Net loss attributable to B. Riley Financial, Inc.(767,166)(10,287)(756,879)n/mPreferred stock dividends6,045 6,042 3 — %Net loss available to common shareholders$(773,211)$(16,329)$(756,882)n/mn/m - Not applicable or not meaningful.

Revenues

The table below and the discussion that follows are based on how we analyze our business.

86

Nine Months Ended September 30,Change20242023Amount%Services and fees:Capital Markets segment$141,026 $183,803 $(42,777)(23.3)%Wealth Management segment150,153 146,660 3,493 2.4 %Financial Consulting segment69,383 52,325 17,058 32.6 %Communications segment225,055 250,523 (25,468)(10.2)%All Other75,329 28,870 46,459 160.9 %Subtotal660,946 662,181 (1,