B. Riley Financial Reports First Quarter 2025 Results
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) ha annunciato di aver depositato il suo Rapporto Trimestrale sul Form 10-Q per il periodo di tre mesi terminato il 31 marzo 2025. L'azienda ha detto che la presentazione sostiene un reporting finanziario tempestivo e la conformità ai requisiti di quotazione Nasdaq. La direzione ha evidenziato una transizione dell'auditors a metà anno verso BDO e ha riferito che le operazioni finanziarie e contabili hanno completato la modifica utilizzando personale esterno in ampliamento. L'azienda si aspetta di mantenere un livello di personale elevato fino al completamento del Form 10-K del 2025.
B. Riley Financial (NASDAQ: RILY) anunció que presentó su Informe Trimestral en el Formulario 10-Q para el periodo de tres meses terminado el 31 de marzo de 2025. La empresa dijo que la presentación respalda una reporte financiero oportuno y el cumplimiento de los requisitos de listado de Nasdaq. La dirección destacó una transición de auditoría a mitad de año a BDO y afirmó que las operaciones financieras y contables completaron el cambio utilizando personal externo adicional. La compañía espera mantener un mayor personal hasta la finalización del Form 10-K de 2025.
B. Riley Financial (NASDAQ: RILY)는 2025년 3월 31일로 종료된 3개월 기간에 대한 Form 10-Q 분기보고서를 제출했다고 발표했습니다. 회사는 이 제출이 시의적절한 재무 보고 및 나스닥 상장 요건 준수를 뒷받침한다고 밝혔습니다. 경영진은 연중 중간에 감사인 전환을 BDO로 강조했고, 재무 및 회계 업무가 외부 인력 보강을 사용하여 이 변화를 완료했다고 말했습니다. 회사는 2025년 Form 10-K 완료까지 직원 규모를 늘린 상태를 유지할 것으로 기대합니다.
B. Riley Financial (NASDAQ : RILY) a annoncé avoir déposé son Rapport Trimestriel sur le Form 10-Q pour la période de trois mois terminée le 31 mars 2025. L'entreprise a indiqué que le dépôt soutient des rapports financiers opportuns et la conformité aux exigences de cotation Nasdaq. La direction a souligné une transition d'auditeur à mi-année vers BDO et a déclaré que les opérations financières et comptables ont achevé ce changement en utilisant un renfort de personnel externe. L'entreprise prévoit de maintenir un effectif élevé jusqu'à l'achèvement du Form 10-K de 2025.
B. Riley Financial (NASDAQ: RILY) gab bekannt, dass es seinen Quartalsbericht auf Form 10-Q für den Zeitraum von drei Monaten bis zum 31. März 2025 eingereicht hat. Das Unternehmen sagte, dass die Einreichung eine zeitnahe Finanzberichterstattung und die Einhaltung der Nasdaq-Listungskriterien unterstützt. Das Management hob eine mittelfristige Auditoren-Transition zu BDO hervor und sagte, dass Finanz- und Buchhaltungsprozesse den Wechsel unter Verwendung externer Personalaufstockung abgeschlossen hätten. Das Unternehmen erwartet, die erhöhte Personalstärke bis zum Abschluss des Form 10-K 2025 beizubehalten.
B. Riley Financial (NASDAQ: RILY) أعلنت أنها قدمت التقرير ربع السنوي على النموذج 10-Q لفترة الثلاثة أشهر المنتهية في 31 مارس 2025. وقالت الشركة إن التقديم يدعم التقارير المالية في الوقت المناسب والامتثال لـ متطلبات إدراج Nasdaq. أبرزت الإدارة انتقال مراجعي الحسابات في منتصف العام إلى BDO وذكرت أن العمليات المالية والمحاسبية أكملت التغيير باستخدام تعزيز موظفين خارجيين. تتوقع الشركة الحفاظ على زيادة في عدد الموظفين حتى اكتمال نموذج 10-K لعام 2025.
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Bryant Riley, Chairman and Co-Chief Executive Officer of B. Riley Financial, commented: "Our first quarter 2025 Form 10-Q filing marks an important step towards timely financial reporting and compliance with Nasdaq listing requirements. Our financial and accounting operations, supported by external staff augmentation, executed a seamless mid-year transition to our new auditor, BDO. Our progress is the result of the commitment of our team and we expect to maintain heightened staffing through the completion of the 2025 Form 10-K."
About B. Riley Financial
B. Riley Financial Inc. (Nasdaq: RILY), which is changing its name to BRC Group Holdings, Inc. on January 1, 2026, is a diversified portfolio of companies, including financial services, telecom, and retail, and investments in equity, debt and venture capital. Our core financial services platform provides small cap and middle market companies customized end-to-end solutions at every stage of the enterprise life cycle. Our banking business offers comprehensive services in capital markets, sales, trading, research, merchant banking, M&A, and restructuring. Our wealth management business offers wealth management and financial planning services including brokerage, investment management, insurance, and tax preparation. Our telecom businesses provide consumer and business services including traditional, mobile and cloud phone, internet and data, security, and email. Our retail companies provide home furnishings and mobile computing accessories. BRC deploys its capital inside and outside its core financial services platform to generate shareholder value through opportunistic investments. For more information, please visit www.brileyfin.com.
Forward-Looking Statements
Statements made in this press release that are not descriptions of historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are based on management's current expectations and assumptions and are subject to risks and uncertainties. If such risks or uncertainties materialize or such assumptions prove incorrect, our business, operating results, financial condition, and stock price could be materially negatively affected. You should not place undue reliance on such forward-looking statements, which are based on the information currently available to us and speak only as of today's date. All statements other than statements of historical fact are forward-looking statements. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the Company's performance or achievements to be materially different from any expected future results, performance, or achievements. Forward-looking statements speak only as of the date they are made and the Company assumes no duty to update forward-looking statements, except as required by law. Actual future results, performance or achievements may differ materially from historical results or those anticipated depending on a variety of factors, some of which are beyond the control of the Company, including, but not limited to, the risks described from time to time in the Company's periodic filings with the SEC, including, without limitation, the risks described in the Company's 2024 Annual Report on Form 10-K and Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2025 under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" (as applicable). These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. All information is current as of the date this press release is issued, and the Company undertakes no duty to update this information.
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SOURCE B. Riley Financial