Company: RILY
Filing Date: 2025-12-15
Form Type: 10-Q
Source: 0001464790-25-000029
Chunk: 147

Company: B. Riley Financial, Inc.
Filing Date: 2025-12-15
Form: 10-Q
Item: Part I, Item 1
Chunk 147
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,460 518 35.5 %Dividend income257 3,464 (3,207)(92.6)%Realized and unrealized losses on investments(4,284)(190,165)185,881 (97.7)%Change in fair value of financial instruments and other12,806 — 12,806 n/mGain on sale and deconsolidation of businesses86,213 314 85,899 n/mGain on senior note exchange54,986 — 54,986 n/mIncome from equity investments25,051 6 25,045 n/m(Loss) gain on extinguishment of debt(20,693)120 (20,813)n/mInterest expense(53,916)(69,199)15,283 (22.1)%Income (loss) from continuing operations before income taxes51,736 (502,599)554,335 (110.3)%Provision for income taxes(11)(7,853)7,842 (99.9)%Income (loss) from continuing operations51,725 (510,452)562,177 (110.1)%Income from discontinued operations, net of income taxes72,707 28,717 43,990 153.2 %Net income (loss)124,432 (481,735)606,167 (125.8)%Net (loss) income attributable to noncontrolling interests(5,064)1,034 (6,098)n/mNet income (loss) attributable to B. Riley Financial, Inc.129,496 (482,769)612,265 (126.8)%Preferred stock dividends4,030 4,030 — — %Net income (loss) available to common shareholders$125,466 $(486,799)$612,265 (125.8)%n/m - Not applicable or not meaningful.

92

Revenues

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

Six Months Ended June 30,Change20252024Amount%Services and fees:Capital Markets segment$64,300 $110,589 $(46,289)(41.9)%Wealth Management segment80,087 100,764 (20,677)(20.5)%Communications segment123,905 158,814 (34,909)(22.0)%E-Commerce segment