Welcome to our dedicated page for BRC Group Holdings news (Ticker: RILY), a resource for investors and traders seeking the latest updates and insights on BRC Group Holdings stock.
BRC Group Holdings, Inc. (Nasdaq: RILY), formerly B. Riley Financial, Inc., regularly issues news and updates that reflect its role as a diversified holding company with financial services, telecom, retail, and investment activities. Its press releases cover developments across segments such as Capital Markets, Wealth Management, Communications, and Consumer Products, as well as group-level corporate actions.
News about BRC often highlights quarterly and annual financial results, including net income, revenues, segment performance, and non-GAAP measures such as Adjusted EBITDA, Operating Adjusted EBITDA, Investment Adjusted EBITDA, Operating Revenues, Investment Gains (Losses), Total Investments, and Net Debt. These updates may include commentary from management on segment trends, debt reduction, bond exchanges, and balance sheet initiatives.
Investors following RILY news can also expect announcements related to capital markets and investment banking activity at B. Riley Securities, such as equity and debt capital raises, carve-out transactions, and business updates on its investment banking, institutional brokerage, and research operations. Additional releases discuss wealth management developments at B. Riley Wealth, as well as performance of the Communications and Consumer Products segments.
Another recurring theme in BRC’s news flow is regulatory and listing matters, including communications about SEC filing timelines, Nasdaq notifications, and steps taken to regain or maintain timely reporting compliance. Corporate governance items, such as the appointment of auditors, proxy statements for the annual meeting, and executive compensation arrangements, also appear in company filings and related announcements.
For readers tracking RILY, this news page aggregates these company-issued updates, providing a single place to review recent earnings releases, segment highlights, capital structure developments, and key regulatory disclosures as reported by BRC Group Holdings, Inc.
BRC Group Holdings (NASDAQ: RILY) provided preliminary unaudited fourth-quarter and full-year 2025 financial estimates showing a strong recovery versus 2024. Q4 2025 net income is expected at $60.0M–$65.4M and Q4 adjusted EBITDA at $98.9M–$109.4M. Full-year 2025 net income is $274.5M–$279.9M with adjusted EBITDA $225.8M–$236.3M.
The company expects Net Debt of $609M–$631M at 12/31/2025 (down from a $1.39B peak on 9/30/2024), revenues roughly $960M–$972M for 2025, and cash and investments stated for year-end 2025.
BRC Group Holdings (NASDAQ: RILY) regained compliance with Nasdaq's Periodic Filing Rule 5250(c)(1) on January 27, 2026. Nasdaq has imposed a Mandatory Panel Monitor for one year, meaning a future missed filing during that year could trigger a Delist Determination Letter without an opportunity to submit a compliance plan.
The company may request a hearing and stay if a delist determination is issued.
BRC Group Holdings (NASDAQ: RILY) reported Q3 2025 net income available to common shareholders of $89.1 million versus a loss of $(286.4) million in Q3 2024. Total revenues were $277.9 million (Q3 2025) compared with $175.4 million a year earlier. Adjusted EBITDA improved to $112.2 million from $(89.5) million, and basic/diluted EPS was $2.91 versus $(9.39). Total debt was $1.44 billion with net debt of $702.9 million, reduced by ~ $120 million in the quarter. The company filed three Form 10-Qs for 2025 and achieved Nasdaq reporting compliance ahead of the January 20, 2026 deadline.
B. Riley Financial (NASDAQ: RILY) filed its Form 10-Q for the quarter ended June 30, 2025 and reported Q2 2025 net income of $137.5 million, in line with prior guidance of $120 million to $140 million. Results included $66.8 million gain on the sale of GlassRatner and $44.5 million gain on senior note exchanges.
Other highlights: revenues $225.3M vs $94.9M a year earlier; income from continuing operations $71.7M; operating adjusted EBITDA (continuing) $38.5M; total debt $1.46B and net debt $824.8M; cash and restricted cash $268.6M; basic and diluted EPS $4.50.
B. Riley Financial (NASDAQ: RILY) received a Nasdaq delinquency notification on November 21, 2025 for late filing of its Form 10-Q for the period ended September 30, 2025.
Nasdaq notified the company of noncompliance with Listing Rule 5250(c)(1), but the notice has no immediate effect on the listing. A Nasdaq Hearings Panel granted an exception on November 18, 2025, providing the company until January 20, 2026 to file the Third Quarter 10-Q; the Second Quarter 10-Q deadline is December 23, 2025.
The company filed the First Quarter 10-Q on November 18, 2025 and previously filed the 2024 10-K on September 19, 2025. The company said it intends to take actions to regain compliance and maintain its Nasdaq listing.
B. Riley Financial (NASDAQ: RILY) announced it filed its Quarterly Report on Form 10-Q for the three-month period ended March 31, 2025. The company said the filing supports timely financial reporting and compliance with Nasdaq listing requirements. Management highlighted a mid-year auditor transition to BDO and said financial and accounting operations completed the change using external staff augmentation. The company expects to maintain heightened staffing through completion of the 2025 Form 10-K.
B. Riley Financial (Nasdaq: RILY) will change its corporate name to BRC Group Holdings, Inc., effective January 1, 2026. The company said BRC Group Holdings will remain a diversified portfolio across financial services, telecom, retail and investments in equity, debt and venture capital.
The Nasdaq ticker will remain RILY, preferred share and tradeable senior note tickers are unchanged, and a new corporate website www.brcgh.com will launch on January 1, 2026.
B. Riley Financial (Nasdaq: RILY) received a Nasdaq Staff Determination Letter on October 1, 2025 for non-compliance with Nasdaq Listing Rule 5250(c)(1) due to failure to file Form 10-Qs for the periods ended March 31, 2025 and June 30, 2025. The company filed its 2024 Form 10-K on September 19, 2025 and submitted an Updated Plan of Compliance on September 4 and September 19, 2025. The determination does not immediately suspend trading; the company will request a hearing and seek continued listing while the Hearings Panel reviews extended-stay requests.
B. Riley Financial (NASDAQ: RILY) has appointed BDO USA as its independent registered public accounting firm for the 2025 audit. The company will continue working with Marcum LLP to complete its 2024 annual audit and Form 10-K filing. The transition aims to restore timely financial reporting.
The company's financial team has made progress on Q1 and Q2 2025 Form 10-Qs while the 2024 audit continues. BDO, one of the world's top five accounting firms, brings extensive financial services sector experience and operational scale, with over 12,000 professionals across 75 U.S. offices.
B. Riley Financial (Nasdaq: RILY) received a delinquency notification from Nasdaq on August 20, 2025, for failing to comply with Listing Rule 5250(c)(1) due to delayed filing of its Q2 2025 Form 10-Q. The company has until September 29, 2025 to file multiple delinquent reports, including its 2024 Form 10-K and Q1-Q2 2025 Form 10-Qs.
While the notification has no immediate impact on RILY's Nasdaq listing, the company must submit an updated compliance plan by September 4, 2025. B. Riley expects to file its 2024 Form 10-K shortly, followed by the Q1 and Q2 2025 Form 10-Qs within 30-45 days after the 10-K filing.