--- title: "B Riley Financial Pref Share RILYP 6.875 Perp 10/07/24 | 10-Q: FY2025 Q3 Revenue: USD 277.87 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/272604036.md" datetime: "2026-01-14T21:26:28.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/272604036.md) - [en](https://longbridge.com/en/news/272604036.md) - [zh-HK](https://longbridge.com/zh-HK/news/272604036.md) generator: "portal-rs" --- # B Riley Financial Pref Share RILYP 6.875 Perp 10/07/24 | 10-Q: FY2025 Q3 Revenue: USD 277.87 M Revenue: As of FY2025 Q3, the actual value is USD 277.87 M. EPS: As of FY2025 Q3, the actual value is USD 2.91. EBIT: As of FY2025 Q3, the actual value is USD 82.69 M. #### Overall Financial Performance - **Net Income (Loss) Attributable to the Registrant**: - For the three months ended September 30, 2025, net income attributable to the Registrant was $91,083 thousand, compared to a net loss of - $284,397 thousand for the same period in 2024. - For the nine months ended September 30, 2025, net income attributable to the Registrant was $220,579 thousand, compared to a net loss of - $767,166 thousand for the same period in 2024. #### Segment Revenue - **Total Revenues**: - Three months ended September 30, 2025: $277,871 thousand. - Three months ended September 30, 2024: $175,364 thousand. - Nine months ended September 30, 2025: $689,236 thousand. - Nine months ended September 30, 2024: $567,839 thousand. - **Key Revenue Categories (Three Months Ended September 30)**: - Services and Fees: $170,668 thousand in 2025 (including $1,319 thousand from related parties), down from $174,573 thousand in 2024 (including $2,227 thousand from related parties). - Trading Gains (Losses), Net: $53,012 thousand in 2025, compared to - $1,238 thousand in 2024. - Fair Value Adjustments on Loans: $1,299 thousand in 2025 (including - $49 thousand from related parties), significantly up from - $71,477 thousand in 2024 (including - $68,768 thousand from related parties). - Interest Income - Loans: $2,094 thousand in 2025 (including $647 thousand from related parties), down from $11,251 thousand in 2024 (including $7,472 thousand from related parties). - Interest Income - Securities Lending: $2,523 thousand in 2025, down from $7,007 thousand in 2024. - Sale of Goods: $48,275 thousand in 2025, down from $55,248 thousand in 2024. - **Key Revenue Categories (Nine Months Ended September 30)**: - Services and Fees: $475,279 thousand in 2025 (including $9,168 thousand from related parties), down from $591,563 thousand in 2024 (including $7,802 thousand from related parties). - Trading Gains (Losses), Net: $64,521 thousand in 2025, compared to - $50,226 thousand in 2024. - Fair Value Adjustments on Loans: - $5,997 thousand in 2025 (including - $3,185 thousand from related parties), significantly improved from - $259,260 thousand in 2024 (including - $265,512 thousand from related parties). - Interest Income - Loans: $9,143 thousand in 2025 (including $1,818 thousand from related parties), down from $51,894 thousand in 2024 (including $34,875 thousand from related parties). - Interest Income - Securities Lending: $5,487 thousand in 2025, down from $69,614 thousand in 2024. - Sale of Goods: $140,803 thousand in 2025, down from $164,254 thousand in 2024. #### Operational Metrics - **Total Operating Expenses**: - Three months ended September 30, 2025: $212,462 thousand, a decrease from $257,521 thousand in 2024. - Nine months ended September 30, 2025: $674,489 thousand, a decrease from $898,595 thousand in 2024. - **Operating Income (Loss)**: - Three months ended September 30, 2025: $65,409 thousand, an improvement from - $82,157 thousand in 2024. - Nine months ended September 30, 2025: $14,747 thousand, an improvement from - $330,756 thousand in 2024. - **Income (Loss) from Continuing Operations Before Income Taxes**: - Three months ended September 30, 2025: $98,602 thousand, compared to - $140,661 thousand in 2024. - Nine months ended September 30, 2025: $150,338 thousand, compared to - $643,260 thousand in 2024. - **Income (Loss) from Discontinued Operations, Net of Income Taxes**: - Three months ended September 30, 2025: - $1,866 thousand, compared to - $136,987 thousand in 2024. - Nine months ended September 30, 2025: $70,841 thousand, compared to - $108,270 thousand in 2024. #### Cash Flow - **Net Cash (Used in) Provided by Operating Activities**: - Nine months ended September 30, 2025: - $85,932 thousand, a decrease from $266,294 thousand in 2024. - **Net Cash Provided by Investing Activities**: - Nine months ended September 30, 2025: $275,927 thousand, an increase from $25,529 thousand in 2024. - **Net Cash Used in Financing Activities**: - Nine months ended September 30, 2025: - $260,989 thousand, an improvement from - $354,722 thousand in 2024. #### Unique Metrics and Strategic Outlook - **Loans Receivable, at Fair Value**: As of September 30, 2025, loans receivable at fair value were $55,018 thousand, a decrease from $90,103 thousand as of December 31, 2024. Of this, 45.4% was attributed to GA Holdings and 45.8% to Exela Technologies, Inc., with Vintage Capital Management, LLC loan receivable at $1,303 thousand. - **Equity Investments**: The company holds a 25% voting interest in Babcock and Wilcox Enterprises, Inc. (B&W), valued at $79,595 thousand as of September 30, 2025. Additionally, it holds a 4% voting interest in Synchronoss Technologies, Inc., valued at $2,488 thousand as of September 30, 2025. - **Liquidity Outlook**: The company anticipates that its current cash, cash equivalents, securities, other investments, and available credit facilities will be sufficient to cover working capital, capital expenditures, and debt service obligations over the next 12 months. - **Nasdaq Compliance**: The company received a Staff Determination Letter on November 21, 2025, for non-compliance with Nasdaq Listing Rule 5250©(1) due to unfiled reports, but has since met the deadlines set by the Hearings Panel for filing its Q1, Q2, and Q3 Reports, thereby maintaining its listing. ### Related Stocks - [RILYP.US](https://longbridge.com/en/quote/RILYP.US.md) ## Related News & Research - [BRC Group Holdings Secures Board Representation at Biomerica with 10.03% Stake](https://longbridge.com/en/news/297371163.md) - [Biomerica prices 1,393,705-share private placement at $1.6 per share, raising $2.23 million](https://longbridge.com/en/news/297087942.md) - [Berkshire Hathaway Just Sold 3 Bank Stocks. Here’s Why Investors Should Take Notice](https://longbridge.com/en/news/297771081.md) - [Next Phase Of AI–Elon Musk’s 1 Billion Robots](https://longbridge.com/en/news/297821554.md) - [HPE Earnings Prediction Market Preview: Will Antonio Neri Say ‘Self Driving’ Again?](https://longbridge.com/en/news/297812809.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**