Company: COHN
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001437749-25-007158
Chunk: 41

Company: Cohen & Co Inc.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 1C
Chunk 41
---
 subsidiary non-controlling interest 

     $
     19,590

      Operating LLC non-controlling interest 

     (4,078
     )

     $
     15,512

﻿ 

﻿ 

      SUMMARY CALCULATION OF CONVERTIBLE NON-CONTROLLING INTEREST 

      For the Year Ended December 31, 2022 

      Wholly Owned Subsidiaries 

      Other Consolidated Subsidiaries 

      Total Operating LLC Consolidated 

      Cohen & Company Inc. 

      Consolidated 

      Net income / (loss) before tax 
      
     $
     (20,287
     )
      
     $
     (33,589
     )
      
     $
     (53,876
     )
      
     $
     -

     $
     (53,876
     )

      Income tax expense / (benefit) 

     (381
     )

     182

     (199
     )

     4,993

     4,794

      Net income / (loss) after tax 

     (19,906
     )

     (33,771
     )

     (53,677
     )

     (4,993
     )

     (58,670
     )

      Other consolidated subsidiary non-controlling interest 

     -

     (23,203
     )

     (23,203
     )

      Net income / (loss) attributable to the Operating LLC 

     (19,906
     )

     (10,568
     )

     (30,474
     )

      Average effective Operating LLC non-controlling interest % (1) 

     72.45
     %

      Operating LLC non-controlling interest 

     $
     (22,078
     )

      ﻿ 

      Summary 

      Other consolidated subsidiary non-controlling interest 

     $
     (23,203
     )

      Operating LLC non-controlling interest 

     (22,078
     )

     $
     (45,281
     )

﻿ 

      (1) 
      Non-controlling interest is recorded on a quarterly basis. Because earnings are recognized unevenly throughout the year and the non-controlling interest percentage may change during the period, the average effective non-controlling interest percentage may not equal the percentage at the end of any period or the simple average of the beginning and ending percentages. 

﻿ 

      61

Liquidity and Capital Resources 

﻿

Liquidity is a measurement of our ability to