BRC Group Holdings, Inc. (RILY) experienced a price decline of 1.74%, with the current price at $7.62, down by 13.5 cents from the previous close of $7.75. The trading volume surged to $172,112, marking a 22.82% increase relative to the average volume.
RILY's latest quarterly earnings report was on Wednesday, April 22nd. Specific revenue and profit margin figures have not been provided at this time.
The forward dividend yield stands at an impressive 26.25%, while the dividend per share for the most recent quarter was 50 cents, reflecting a year-over-year decrease of $1.
RILY reported a net change in cash of $43.78 million, ending the period with $229.28 million in cash. Operating cash flow was $170.17 million, with debt repayment of $17.61 million.
The company generated revenue of $335.53 million, resulting in a gross profit of $193.44 million. Net income was $86.84 million, translating to earnings per share (EPS) of $2.77.
Key ratios include a net profit margin of 25.88%, return on assets of 5.09%, and a debt ratio of 86.06%. Notably, the price to earnings ratio is 0.41, indicating potential undervaluation.
RILY's total assets amount to $1.71 billion, with total liabilities at $1.83 billion. Cash and cash equivalents stand at $226.60 million, contributing to a net debt of $1.24 billion.
This comprehensive overview provides valuable insights into RILY's current financial status and market performance.
B. Riley Financial, Inc., through its subsidiaries, provides investment banking and financial services to corporate, institutional, and high net worth clients in North America, Australia, and Europe. The company operates in six segments: Capital Markets, Wealth Management, Auction and Liquidation, Financial Consulting, Principal InvestmentsCommunications, and Brands. The Capital Markets segments offers investment banking, corporate finance, financial advisory, research, securities lending and sales, and trading services; merger and acquisitions, restructuring advisory, initial and secondary public offerings, and institutional private placements services; asset management services; and trades in equity securities. The Wealth Management segment provides wealth management and tax services. The Auction and Liquidation Segment offers retail store liquidation, and wholesale and industrial assets disposition services. The Financial Consulting segment provides bankruptcy, forensic accounting, litigation support, operations management and real estate consulting, and valuation and appraisal services. The Principal InvestmentsCommunications segment provides consumer Internet access through United Online under the NetZero and Juno brands; VoIP communication and related products, and subscription services through magicJack; and mobile phone services and devices through Marconi Wireless. The Brands segments provides licensing of a brand investment portfolio, including Catherine Malandrino, English Laundry, Joan Vass, Kensie Girl, Limited Too, and Nanette Lepore. It also offers advisory services; brokerage services; senior secured and second lien secured loans to middle market public and the private U.S. companies; and consulting services. The company was formerly known as Great American Group, Inc. and changed its name to B. Riley Financial, Inc. in November 2014. The company was founded in 1973 and is headquartered in Los Angeles, California.