Company: RILYN
Filing Date: 2025-01-14
Form Type: 10-Q
Source: 0001628280-25-001398
Chunk: 422

Company: B. Riley Financial, Inc.
Filing Date: 2025-01-14
Form: 10-Q
Item: Part I, Item 8
Chunk 422
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)%(Loss) income before income taxes(473,817)89,764 (563,581)n/mProvision for income taxes(7,918)(29,423)21,505 (73.1)%Net (loss) income(481,735)60,341 (542,076)n/mNet income (loss) attributable to noncontrolling interests1,034 (3,195)4,229 (132.4)%Net (loss) income attributable to B. Riley Financial, Inc.(482,769)63,536 (546,305)n/mPreferred stock dividends4,030 4,027 3 0.1 %Net (loss) income available to common shareholders$(486,799)$59,509 $(546,308)n/m______________________________________________

n/m - Not applicable or not meaningful. 

81

Revenues

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

Six Months Ended June 30,Change20242023Amount%Services and fees:Capital Markets segment$110,589 $102,890 $7,699 7.5 %Wealth Management segment100,764 95,785 4,979 5.2 %Auction and Liquidation segment7,181 14,329 (7,148)(49.9)%Financial Consulting segment71,618 56,222 15,396 27.4 %Communications segment158,814 168,368 (9,554)(5.7)%All Other56,362 28,292 28,070 99.2 %Subtotal505,328 465,886 39,442 8.5 %Trading (loss) income:Capital Markets segment(50,879)39,705 (90,584)n/mWealth Management segment1,891 1,745 146 8.4 %Subtotal(48,988)41,450 (90,438)n/mFair value adjustments on loans:Capital Markets segment(187,783)52,483 (240,266)n/mInterest income - loans:Capital Markets segment40,643 75,138 (34,495)(45.9)%Interest income - securities lending:Capital Markets segment62,607 77,247 (14,640)(19.0)%Sale of goods:Auction and Liquidation segment10,584 1,892