BRC Group Holdings Inc Financials

RILYG

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows BRC Group Holdings Inc (RILYG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 13 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Key Financial Metrics

Revenue

$838.6M

YoY-46.1%

5Y CAGR+21.1%

10Y CAGR+29.4%

BRC Group Holdings Inc generated $838.6M in revenue in fiscal year 2024. This represents a decrease of 46.1% from the prior year.

EBITDA

-$430.3M

YoY-179.6%

BRC Group Holdings Inc's EBITDA was -$430.3M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 179.6% from the prior year.

Free Cash Flow

N/A

Net Income

-$764.3M

YoY-271.7%

BRC Group Holdings Inc reported -$764.3M in net income in fiscal year 2024. This represents a decrease of 271.7% from the prior year.

EPS (Diluted)

$-25.46

YoY-268.7%

BRC Group Holdings Inc earned $-25.46 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 268.7% from the prior year.

Cash & Debt

$146.9M

YoY-47.4%

5Y CAGR+2.0%

10Y CAGR+25.6%

BRC Group Holdings Inc held $146.9M in cash against $1.5B in long-term debt as of fiscal year 2024.

Dividends Per Share

$1.00

YoY-92.0%

5Y CAGR+8.3%

BRC Group Holdings Inc paid $1.00 per share in dividends in fiscal year 2024. This represents a decrease of 92.0% from the prior year.

Shares Outstanding

30M

YoY+10.5%

5Y CAGR+2.8%

10Y CAGR-0.2%

BRC Group Holdings Inc had 30M shares outstanding in fiscal year 2024. This represents an increase of 10.5% from the prior year.

Gross Margin

80.0%

YoY-18.3pp

5Y CAGR-19.9pp

10Y CAGR-14.6pp

BRC Group Holdings Inc's gross margin was 80.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 18.3 percentage points from the prior year.

Operating Margin

-56.7%

YoY-89.8pp

5Y CAGR-65.7pp

10Y CAGR-68.4pp

BRC Group Holdings Inc's operating margin was -56.7% in fiscal year 2024, reflecting core business profitability. This is down 89.8 percentage points from the prior year.

Net Margin

-91.1%

YoY-119.8pp

5Y CAGR-94.7pp

10Y CAGR-92.1pp

BRC Group Holdings Inc's net profit margin was -91.1% in fiscal year 2024, showing the share of revenue converted to profit. This is down 119.8 percentage points from the prior year.

Return on Equity

N/A

R&D Spending

N/A

Share Buybacks

YoY-100.0%

BRC Group Holdings Inc spent $0 on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 100.0% from the prior year.

Capital Expenditures

N/A

RILYG Income Statement

Metric	FY24	FY23	FY22	FY21	FY18	FY19
Revenue	$838.6M-46.1%	$1.6B+86.4%	$834.2M+27.9%	$652.1M+54.2%	$423.0M+31.3%	$322.2M
Cost of Revenue	$167.6M+521.9%	$27.0M	N/A	$7.6M+846.9%	$800K+101.0%	$398K
Gross Profit	$671.0M-56.1%	$1.5B	N/A	$644.5M+52.7%	$422.2M+31.2%	$321.8M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$759.8M-16.2%	$906.2M+111.5%	$428.5M+11.2%	$385.2M+24.1%	$310.5M+36.3%	$227.9M
Operating Income	-$475.7M-192.5%	$514.5M+86.2%	$276.3M+65.8%	$166.7M+267.2%	$45.4M+57.3%	$28.8M
Interest Expense	$133.3M+44.2%	$92.5M+41.7%	$65.2M+30.0%	$50.2M+50.3%	$33.4M+298.4%	$8.4M
Income Tax	$22.1M-86.5%	$164.0M+117.3%	$75.4M+117.8%	$34.6M+606.6%	$4.9M-42.4%	$8.5M
Net Income	-$764.3M-271.7%	$445.1M+116.9%	$205.1M+151.4%	$81.6M+400.8%	$16.3M+41.0%	$11.6M
EPS (Diluted)	$-25.46-268.7%	$15.09+99.6%	$7.56+156.3%	$2.95+408.6%	$0.58+20.8%	$0.48

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'22
Revenue	$277.9M+23.3%	$225.3M+21.1%	$186.1M-29.6%	$264.1M-27.3%	$363.3M-10.6%	$406.3M-6.0%	$432.1M+13.1%	$382.1M
Cost of Revenue	$35.0M-0.3%	$35.1M-4.4%	$36.7M-13.9%	$42.7M+1.1%	$42.2M+4.7%	$40.3M-15.3%	$47.6M-10.8%	$53.4M
Gross Profit	$242.9M+27.7%	$190.2M+27.4%	$149.3M-32.6%	$221.5M-31.0%	$321.1M-12.3%	$366.0M-4.8%	$384.5M+105.1%	$187.5M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$143.9M+1.1%	$142.4M-14.9%	$167.4M+3.9%	$161.1M-20.4%	$202.3M+7.1%	$188.9M-11.2%	$212.6M+2.0%	$208.6M
Operating Income	$65.4M+504.8%	$10.8M+117.6%	-$61.5M+3.8%	-$63.9M-700.4%	-$8.0M-109.6%	$83.0M-2.3%	$84.9M+749.4%	$10.0M
Interest Expense	$18.8M-21.6%	$24.0M-20.1%	$30.0M+25.6%	$23.9M-36.4%	$37.5M-20.8%	$47.3M-0.5%	$47.6M+7.1%	$44.4M
Income Tax	$1.2M-61.3%	$3.1M+200.4%	-$3.0M+93.2%	-$44.9M-89.9%	-$23.6M-209.9%	$21.5M+171.5%	$7.9M+133.0%	-$24.0M
Net Income	$91.1M-34.7%	$139.5M+1498.2%	-$10.0M+88.9%	-$89.6M-21.4%	-$73.8M-259.2%	$46.4M+170.4%	$17.2M+129.9%	-$57.4M
EPS (Diluted)	$2.91-35.3%	$4.50+1253.8%	$-0.39+87.9%	$-3.22-27.3%	$-2.53-263.2%	$1.55+203.9%	$0.51+124.5%	$-2.08

RILYG Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY18	FY19
Total Assets	$1.8B-69.5%	$5.9B+119.8%	$2.7B+14.9%	$2.3B+18.4%	$2.0B+41.2%	$1.4B
Current Assets	N/A	N/A	N/A	N/A	$158.0M	N/A
Cash & Equivalents	$146.9M-47.4%	$278.9M+169.2%	$103.6M-0.6%	$104.3M-41.9%	$179.4M+35.1%	$132.8M
Inventory	$63.0M+1482.6%	$4.0M	N/A	N/A	N/A	N/A
Accounts Receivable	$68.7M+38.2%	$49.7M+21.7%	$40.8M-12.5%	$46.6M+10.7%	$42.1M+110.5%	$20.0M
Goodwill	$392.7M+56.7%	$250.6M+10.4%	$227.0M+1.5%	$223.7M+0.1%	$223.4M+126.1%	$98.8M
Total Liabilities	$2.2B-53.4%	$4.8B+126.1%	$2.1B+10.2%	$1.9B+13.5%	$1.7B+51.6%	$1.1B
Current Liabilities	N/A	N/A	N/A	N/A	$83.7M	N/A
Long-Term Debt	$1.5B	N/A	N/A	N/A	N/A	N/A
Total Equity	-$488.2M-169.2%	$705.2M+30.8%	$539.0M+38.1%	$390.3M+50.9%	$258.7M-2.7%	$265.8M
Retained Earnings	-$1.1B-530.4%	$248.9M+22.5%	$203.1M+413.7%	$39.5M+2403.9%	$1.6M-76.0%	$6.6M

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'22
Total Assets	$1.7B+8.0%	$1.5B+2.3%	$1.5B-75.2%	$6.1B-1.0%	$6.1B-1.8%	$6.3B-5.5%	$6.6B+8.3%	$6.1B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$184.2M-31.1%	$267.4M+93.3%	$138.3M-37.9%	$222.7M-11.7%	$252.3M+134.5%	$107.6M-48.8%	$210.0M-21.8%	$268.6M
Inventory	$51.0M-1.6%	$51.8M-13.6%	$60.0M-35.9%	$93.7M-12.6%	$107.2M-6.7%	$115.0M+1.6%	$113.1M+11.2%	$101.7M
Accounts Receivable	$63.5M+3.6%	$61.2M-0.6%	$61.6M-39.0%	$101.0M-20.7%	$127.4M+7.1%	$118.9M-1.6%	$120.9M-9.7%	$133.8M
Goodwill	$392.7M0.0%	$392.7M0.0%	$392.7M-15.8%	$466.6M-6.2%	$497.4M-5.6%	$526.8M+0.5%	$524.0M+3.4%	$506.9M
Total Liabilities	$1.9B+1.5%	$1.9B-5.6%	$2.0B-65.7%	$5.7B+0.8%	$5.7B-2.0%	$5.8B-3.5%	$6.0B+10.6%	$5.4B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$1.3B-0.9%	$1.3B-3.4%	$1.4B	N/A	N/A	N/A	N/A	N/A
Total Equity	-$260.5M+15.8%	-$309.3M+31.9%	-$454.0M-226.3%	$359.6M-23.1%	$467.7M+1.3%	$461.9M+4.9%	$440.4M-13.0%	$505.9M
Retained Earnings	-$850.1M+9.7%	-$941.2M+12.9%	-$1.1B-284.3%	-$281.3M-78.4%	-$157.7M-220.9%	-$49.1M+21.5%	-$62.6M-38.4%	-$45.2M

RILYG Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY18	FY19
Operating Cash Flow	$263.6M+417.8%	$50.9M-11.8%	$57.7M+312.1%	-$27.2M+73.4%	-$102.2M-24.9%	-$81.8M
Capital Expenditures	N/A	N/A	N/A	$3.5M-36.3%	$5.4M+558.4%	$825K
Free Cash Flow	N/A	N/A	N/A	-$30.7M+71.5%	-$107.6M-30.3%	-$82.6M
Investing Cash Flow	$440.5M+146.1%	-$956.5M-4489.8%	$21.8M+105.0%	-$437.7M-184.1%	-$154.1M-763.8%	-$17.8M
Financing Cash Flow	-$671.9M-162.2%	$1.1B+1439.7%	-$80.7M-120.7%	$389.3M+36.7%	$284.9M+112.4%	$134.1M
Dividends Paid	$33.7M-90.3%	$347.1M+794.9%	$38.8M-5.7%	$41.1M+81.4%	$22.7M+35.4%	$16.8M
Share Buybacks	$0-100.0%	$2.7M-94.5%	$48.2M+1029.1%	$4.3M-77.2%	$18.7M	N/A

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'22
Operating Cash Flow	N/A	N/A	$184K	N/A	N/A	N/A	$52.6M	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	$59.2M	N/A	N/A	N/A	-$57.2M	N/A
Financing Cash Flow	N/A	N/A	-$172.5M	N/A	N/A	N/A	-$55.3M	N/A
Dividends Paid	N/A	N/A	$0	N/A	N/A	N/A	$46.9M	N/A
Share Buybacks	N/A	N/A	$0	N/A	N/A	N/A	$53.8M	N/A

RILYG Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY18	FY19
Gross Margin	80.0%-18.3pp	98.3%	N/A	98.8%-1.0pp	99.8%-0.1pp	99.9%
Operating Margin	-56.7%-89.8pp	33.1%-0.0pp	33.1%+7.6pp	25.6%+14.8pp	10.7%+1.8pp	8.9%
Net Margin	-91.1%-119.8pp	28.6%+4.0pp	24.6%+12.1pp	12.5%+8.7pp	3.9%+0.3pp	3.6%
Return on Equity	N/A	63.1%+25.1pp	38.1%+17.1pp	20.9%+14.6pp	6.3%+2.0pp	4.3%
Return on Assets	-42.9%-50.5pp	7.6%-0.1pp	7.7%+4.2pp	3.5%+2.7pp	0.8%0.0pp	0.8%
Current Ratio	N/A	N/A	N/A	N/A	1.89	N/A
Debt-to-Equity	-3.14-9.9	6.81+2.9	3.94-1.0	4.94-1.6	6.57+2.4	4.22
FCF Margin	N/A	N/A	N/A	-4.7%+20.7pp	-25.4%+0.2pp	-25.6%

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'22
Gross Margin	87.4%+3.0pp	84.4%+4.2pp	80.3%-3.6pp	83.8%-4.5pp	88.4%-1.7pp	90.1%+1.1pp	89.0%+39.9pp	49.1%
Operating Margin	23.5%+18.7pp	4.8%+37.8pp	-33.0%-8.9pp	-24.2%-22.0pp	-2.2%-22.6pp	20.4%+0.8pp	19.7%+17.0pp	2.6%
Net Margin	32.8%-29.1pp	61.9%+67.3pp	-5.4%+28.6pp	-33.9%-13.6pp	-20.3%-31.7pp	11.4%+7.4pp	4.0%+19.0pp	-15.0%
Return on Equity	N/A	N/A	N/A	N/A	N/A	10.0%+6.1pp	3.9%-5.2pp	9.1%
Return on Assets	5.5%-3.6pp	9.0%+9.7pp	-0.7%+0.8pp	-1.5%-0.3pp	-1.2%-1.9pp	0.7%+0.5pp	0.3%+1.2pp	-0.9%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	-5.03-0.8	-4.28-1.3	-3.02-18.9	15.91+3.8	12.13-0.4	12.54-1.1	13.63+2.9	10.73
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$488.2M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Financial Health Signals

Piotroski F-Score Weak

3/9

Financial strength trend (9 signals). 7-9 = strong, 0-3 = weak.

Earnings Quality Mixed

-0.34x

Operating cash flow vs net income. Above 1.0x = cash-backed earnings.

Interest Coverage At Risk

-3.6x

Operating income vs interest expense. Above 5x = safe, below 2x = risky.

Frequently Asked Questions

What is BRC Group Holdings Inc's annual revenue?

BRC Group Holdings Inc (RILYG) reported $838.6M in total revenue for fiscal year 2024. This represents a -46.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is BRC Group Holdings Inc's revenue growing?

BRC Group Holdings Inc (RILYG) revenue declined by 46.1% year-over-year, from $1.6B to $838.6M in fiscal year 2024.

Is BRC Group Holdings Inc profitable?

No, BRC Group Holdings Inc (RILYG) reported a net income of -$764.3M in fiscal year 2024, with a net profit margin of -91.1%.

What is BRC Group Holdings Inc's earnings per share (EPS)?

BRC Group Holdings Inc (RILYG) reported diluted earnings per share of $-25.46 for fiscal year 2024. This represents a -268.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is BRC Group Holdings Inc's EBITDA?

BRC Group Holdings Inc (RILYG) had EBITDA of -$430.3M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does BRC Group Holdings Inc have?

As of fiscal year 2024, BRC Group Holdings Inc (RILYG) had $146.9M in cash and equivalents against $1.5B in long-term debt.

What is BRC Group Holdings Inc's gross margin?

BRC Group Holdings Inc (RILYG) had a gross margin of 80.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is BRC Group Holdings Inc's operating margin?

BRC Group Holdings Inc (RILYG) had an operating margin of -56.7% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is BRC Group Holdings Inc's net profit margin?

BRC Group Holdings Inc (RILYG) had a net profit margin of -91.1% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Does BRC Group Holdings Inc pay dividends?

Yes, BRC Group Holdings Inc (RILYG) paid $1.00 per share in dividends during fiscal year 2024.

What is BRC Group Holdings Inc's operating cash flow?

BRC Group Holdings Inc (RILYG) generated $263.6M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are BRC Group Holdings Inc's total assets?

BRC Group Holdings Inc (RILYG) had $1.8B in total assets as of fiscal year 2024, including both current and long-term assets.

How many shares does BRC Group Holdings Inc have outstanding?

BRC Group Holdings Inc (RILYG) had 30M shares outstanding as of fiscal year 2024.

What is BRC Group Holdings Inc's debt-to-equity ratio?

BRC Group Holdings Inc (RILYG) had a debt-to-equity ratio of -3.14 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is BRC Group Holdings Inc's return on assets (ROA)?

BRC Group Holdings Inc (RILYG) had a return on assets of -42.9% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

Why is BRC Group Holdings Inc's debt-to-equity ratio negative or unusual?

BRC Group Holdings Inc (RILYG) has negative shareholder equity of -$488.2M as of fiscal year 2024, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is BRC Group Holdings Inc's Piotroski F-Score?

BRC Group Holdings Inc (RILYG) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals.

Are BRC Group Holdings Inc's earnings high quality?

BRC Group Holdings Inc (RILYG) has an earnings quality ratio of -0.34x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation.

Can BRC Group Holdings Inc cover its interest payments?

BRC Group Holdings Inc (RILYG) has an interest coverage ratio of -3.6x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline.