Company: RILYN
Filing Date: 2025-02-21
Form Type: 10-Q
Source: 0001628280-25-007082
Chunk: 392

Company: B. Riley Financial, Inc.
Filing Date: 2025-02-21
Form: 10-Q
Item: Part I, Item 8
Chunk 392
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 data for the segments and reporting of the All Other Category for all periods presented. The following is a summary of certain financial data for each of the Company’s reportable segments:Three Months EndedSeptember 30,Nine Months EndedSeptember 30,2024202320242023Capital Markets segment:Revenues - Services and fees$30,437 $80,913 $141,026 $183,803 Trading (loss) income(1,908)(10,217)(52,787)29,488 Fair value adjustment on loans(71,477)(860)(259,260)51,623 Interest income - loans11,251 27,397 51,894 102,535 Interest income - securities lending7,007 42,333 69,614 119,580 Total revenues(24,690)139,566 (49,513)487,029 Selling, general and administrative expenses(30,453)(62,898)(133,483)(174,479)Impairment of tradenames— — — (1,733)Interest expense - Securities lending and loan participations sold(6,359)(38,368)(65,055)(106,572)Depreciation and amortization(817)(900)(2,333)(3,149)Segment (loss) income(62,319)37,400 (250,384)201,096 Wealth Management segment:    Revenues - Services and fees49,389 50,875 150,153 146,660 Trading income670 490 2,561 2,235 Total revenues50,059 51,365 152,714 148,895 Selling, general and administrative expenses(48,234)(47,891)(145,439)(143,177)Restructuring charge— — — (61)Depreciation and amortization(1,045)(1,075)(3,148)(3,243)Segment income (loss)780 2,399 4,127 2,414 

63

Financial Consulting segment:    Revenues - Services and fees23,941 20,225 69,383 52,325 Selling, general and administrative expenses(19,705)(17,843)(56,277)(42,932)Depreciation and amortization(108)(82)(276)(234)Segment income4,