Company: BCG
Filing Date: 2025-09-08
Form Type: 424B3
Source: 0001104659-25-088309
Chunk: 44

Company: Binah Capital Group, Inc.
Filing Date: 2025-09-08
Form: 424B3
Chunk 44
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’s earnings from operations. EBITDA and Adjusted EBITDA are not a measure of the Company’s financial performance under GAAP and should not be considered as an alternative to net income or any other performance measure derived in accordance with GAAP.

A reconciliation of our non-GAAP financial measures to their most directly comparable GAAP financial measures appears below in the footnotes to the table of our key operating, business and financial metrics.**

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Our key operating, business and financial metrics as of and for the periods ended June 30, 2025 and 2024 are as follows:

| ​                                      
 Operating Metric (dollars in billions) 
 Advisory and Brokerage Assets          | ​ 
 ​ 
 ​ | ​                                        
 As of and for the Periods Ended June 30, 
 2025                                     
 ​                                        |    ​ 
    ​ | ​ 
 ​ | ​    
 2024 
 ​    |    ​ 
    ​ | ​ 
 ​ 
 ​ |
|:---------------------------------------|:--|:-----------------------------------------|-----:|:--|:-----|-----:|:--|
| Brokerage assets                       | ​ | $                                        | 25.1 | ​ | $    | 22.8 | ​ |
| Advisory assets                        | ​ | ​                                        |  2.7 | ​ | ​    |  2.3 | ​ |
| Total Advisory and Brokerage Assets    | ​ | $                                        | 27.8 | ​ | $    | 25.1 | ​ |

| Net New Assets           | ​ 
 ​ | ​    
 2025 | For the Three Months Ended 
                   June 30, | ​ | 2024 |      | ​ | ​    
 2025 | For the Six Months Ended 
                 June 30, | ​ | 2024 |      | ​ |
|:-------------------------|:--|:-----|---------------------------:|:--|:-----|-----:|:--|:-----|-------------------------:|:--|:-----|-----:|:--|
| Net new brokerage assets | ​ | $    |                       -0.8 | ​ | $    | -0.8 | ​ | $    |                     -1.1 | ​ | $    | -2.1 | ​ |
| Net new advisory assets  | ​ | ​    |                       -0.1 | ​ | ​    | -0.0 |