Company: RILY
Filing Date: 2025-12-15
Form Type: 10-Q
Source: 0001464790-25-000029
Chunk: 404

Company: B. Riley Financial, Inc.
Filing Date: 2025-12-15
Form: 10-Q
Item: Part I, Item 8
Chunk 404
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884 n/mGain on sale and deconsolidation of businesses5,372 — 5,372 n/mGain on senior note exchange44,454 — 44,454 n/mIncome from equity investments25,603 10 25,593 n/m(Loss) gain on extinguishment of debt(10,266)120 (10,386)n/mInterest expense(23,952)(33,534)9,582 (28.6)%Income (loss) from continuing operations before income taxes74,740 (419,968)494,708 (117.8)%Provision for income taxes(3,053)(29,183)26,130 (89.5)%Income (loss) from continuing operations71,687 (449,151)520,838 (116.0)%Income from discontinued operations, net of income taxes69,312 15,370 53,942 n/mNet income (loss)140,999 (433,781)574,780 (132.5)%Net income (loss) attributable to noncontrolling interests1,528 (177)1,705 n/mNet income (loss) attributable to B. Riley Financial, Inc.139,471 (433,604)573,075 (132.2)%Preferred stock dividends2,015 2,015 — — %Net income (loss) available to common shareholders$137,456 $(435,619)$573,075 (131.6)%n/m - Not applicable or not meaningful.

84

Revenues

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

Three Months Ended June 30,Change 20252024Amount %Services and fees:Capital Markets segment$39,095 $50,242 $(11,147)(22.2)%Wealth Management segment33,421 49,582 (16,161)(32.6)%Communications segment60,732 77,744 (17,012)(21.9)%E-Commerce segment— 2,731 (2,731)(100.0)%All Other12,524 22,610 (10,086)(44.6)%Subtotal145,772 202,909 (57,137)(28.2)%   Trading gains (losses), net:   Capital Markets segment22,480 (