Company: COHN
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001437749-25-007158
Chunk: 3312

Company: Cohen & Co Inc.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 7A
Chunk 3312
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2  
             
 Revenues             
 Equity in undistributed earnings / (loss) from Cohen & Company, LLC  $4,553  $3,708  $(4,953)
 Total revenues   4,553   3,708   (4,953)
 Operating income / (loss)   4,553   3,708   (4,953)
 Non-operating expense             
 Interest expense   (4,695)  (5,247)  (3,443)
 Income / (loss) before income taxes   (142)  (1,539)  (8,396)
 Income tax (benefit) / expense   (13)  3,574   4,993 
 Net income / (loss)  $(129) $(5,113) $(13,389)

   ﻿ 
   See accompanying notes to condensed financial statements.

        F-
       83

    COHEN & COMPANY INC. 
 CONDENSED FINANCIAL INFORMATION OF REGISTRANT 
 COHEN & COMPANY INC. (PARENT COMPANY) 
Unaudited
 Statements of Cash Flows 
 (Dollars in Thousands) 

       For the Year Ended December 31,  
   2024    2023    2022  
             
 Operating activities             
 Net income / (loss)  $(129) $(5,113) $(13,389)
 Adjustments to reconcile net income / (loss) to net cash provided by / (used) in operating activities:             
 Equity in undistributed earnings / (loss) from Cohen & Company, LLC   (4,553)  (3,708)  4,953 
 Distributions from / (contributions to) Cohen & Company, LLC   6,428   6,223   5,433 
 Amortization of discount of debt   42   692   563 
 (Increase) / decrease in other assets   18   108   (166)
 Increase / (decrease) in accounts payable and other liabilities   (2)  35   199 
 Increase / (decrease) in deferred income taxes   (31)  3,561   5,041 
 Net cash provided by / (used in) operating activities