Company: RILYN
Filing Date: 2025-02-21
Form Type: 10-Q
Source: 0001628280-25-007082
Chunk: 215

Company: B. Riley Financial, Inc.
Filing Date: 2025-02-21
Form: 10-Q
Item: Part I, Item 2
Chunk 215
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513 (61.8)%Net loss attributable to B. Riley Financial, Inc.(767,166)(10,287)(756,879)n/mPreferred stock dividends6,045 6,042 3 — %Net loss available to common shareholders$(773,211)$(16,329)$(756,882)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.

86

Nine Months Ended September 30,Change20242023Amount%Services and fees:Capital Markets segment$141,026 $183,803 $(42,777)(23.3)%Wealth Management segment150,153 146,660 3,493 2.4 %Financial Consulting segment69,383 52,325 17,058 32.6 %Communications segment225,055 250,523 (25,468)(10.2)%All Other75,329 28,870 46,459 160.9 %Subtotal660,946 662,181 (1,235)(0.2)%Trading (loss) income:Capital Markets segment(52,787)29,488 (82,275)n/mWealth Management segment2,561 2,235 326 14.6 %Subtotal(50,226)31,723 (81,949)n/mFair value adjustments on loans:Capital Markets segment(259,260)51,623 (310,883)n/mInterest income - loans:Capital Markets segment51,894 102,535 (50,641)(49.4)%Interest income - securities lending:Capital Markets segment69,614 119,580 (49,966)(41.8)%Sale of goods:Communications segment4,079 5,145 (1,066)(20.7)%Consumer Products segment152,739 179,156 (26,417)(14.7)%All Other7,436 — 7,436 100.0 %Subtotal164,254 184,301 (20,047)(10.9)%Total revenues$637,222 $1,151,943 $(514,721)(44.7)%

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n/m - Not applicable or not meaningful. 

Total revenues decreased $514.7 million to $637.2 million during the nine months ended September 30