Company: RILYN
Filing Date: 2025-01-14
Form Type: 10-Q
Source: 0001628280-25-001398
Chunk: 127

Company: B. Riley Financial, Inc.
Filing Date: 2025-01-14
Form: 10-Q
Item: Part I, Item 1
Chunk 127
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Net loss attributable to noncontrolling interests(177)(2,600)2,423 (93.2)%Net (loss) income attributable to B. Riley Financial, Inc.(433,604)46,381 (479,985)n/mPreferred stock dividends2,015 2,015 — — %Net (loss) income available to common shareholders$(435,619)$44,366 $(479,985)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.

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Three Months Ended June 30,Change 20242023Amount %Services and fees:Capital Markets segment$50,242 $44,961 $5,281 11.7 %Wealth Management segment49,582 47,243 2,339 5.0 %Auction and Liquidation segment3,621 8,885 (5,264)(59.2)%Financial Consulting segment36,533 31,212 5,321 17.0 %Communications segment77,744 83,316 (5,572)(6.7)%All Other30,303 14,710 15,593 106.0 %Subtotal248,025 230,327 17,698 7.7 %   Trading (loss) income:   Capital Markets segment(32,612)32,685 (65,297)(199.8)%Wealth Management segment1,291 473 818 172.9 %Subtotal(31,321)33,158 (64,479)(194.5)%Fair value adjustments on loans:Capital Markets segment(175,582)9,207 (184,789)n/mInterest income - loans:Capital Markets segment18,508 35,126 (16,618)(47.3)%   Interest income - securities lending:   Capital Markets segment24,798 40,073 (15,275)(38.1)%Sale of goods:   Auction and Liquidation segment8,364 1,676 6,688 n/mCommunications segment1,465 1,640 (175)(10.7)%Consumer Products segment51,424 55,071 (3,647)(6.6)%All Other2,684 — 2,684 100.0