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KBW Announces Index Rebalancing for Third-Quarter 2024
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Tue 11 Aug 20, 01:00 PM| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | -220.45000M | 614.76M | 279.46M | 116.59M | 21.30M |
| Minority interest | -3.23500M | -5.74800M | -1.13100M | 29.59M | 0.60M |
| Net income | -156.59400M | 445.05M | 205.15M | 81.61M | 15.51M |
| Selling general administrative | 714.61M | 906.20M | 428.54M | 385.22M | 293.68M |
| Selling and marketing expenses | - | - | - | - | - |
| Gross profit | 793.07M | 1606.59M | 787.36M | 553.57M | 347.57M |
| Reconciled depreciation | 39.97M | 25.87M | 19.37M | 19.05M | 13.81M |
| Ebit | 44.80M | 700.39M | 344.76M | 166.65M | 63.20M |
| Ebitda | 84.76M | 703.42M | 378.13M | 187.54M | 77.01M |
| Depreciation and amortization | 39.97M | 3.03M | 33.37M | 20.89M | 13.81M |
| Non operating income net other | - | 0.23M | -0.05900M | 0.15M | 9.31M |
| Operating income | 44.80M | 700.39M | 344.76M | 166.65M | 45.38M |
| Other operating expenses | 1002.21M | 1040.17M | 543.90M | 483.76M | 369.10M |
| Interest expense | 141.19M | 92.45M | 65.25M | 50.20M | 33.39M |
| Tax provision | -63.85600M | 163.96M | 75.44M | 34.64M | 4.90M |
| Interest income | 2.73M | 0.23M | 0.56M | 1.58M | 1.33M |
| Net interest income | -138.45100M | -92.22600M | -64.68500M | -48.62800M | -32.06700M |
| Extraordinary items | - | - | - | - | - |
| Non recurring | - | - | 1.56M | 1.70M | 8.51M |
| Other items | - | - | - | - | - |
| Income tax expense | -63.85600M | 163.96M | 75.44M | 34.64M | 4.90M |
| Total revenue | 1080.67M | 1740.56M | 902.72M | 652.11M | 422.99M |
| Total operating expenses | 714.61M | 906.20M | 428.54M | 385.22M | 293.68M |
| Cost of revenue | 287.60M | 133.97M | 115.36M | 98.54M | 75.42M |
| Total other income expense net | -265.24500M | -85.62900M | -65.30800M | -50.05900M | -0.52000M |
| Discontinued operations | - | - | - | - | - |
| Net income from continuing ops | -156.59400M | 450.80M | 204.02M | 81.95M | 16.40M |
| Net income applicable to common shares | -167.83700M | 437.60M | 205.15M | 81.35M | 15.51M |
| Preferred stock and other adjustments | - | - | - | - | - |
| Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 6095.64M | 6111.20M | 5851.92M | 2662.73M | 2318.18M |
| Intangible assets | 322.01M | 374.10M | 207.65M | 190.75M | 220.53M |
| Earning assets | - | - | - | - | - |
| Other current assets | -1520.60900M | -1126.96000M | 463.50M | 87.26M | 81.81M |
| Total liab | 5714.20M | 5426.69M | 4801.72M | 2123.77M | 1927.93M |
| Total stockholder equity | 312.71M | 446.51M | 661.27M | 512.59M | 360.66M |
| Deferred long term liab | - | - | 69.51M | 68.65M | 0.45M |
| Other current liab | 212.04M | 344.49M | 413.15M | 182.48M | 41.82M |
| Common stock | 0.00300M | 0.00300M | 0.00300M | 0.00300M | 0.00300M |
| Capital stock | 0.00300M | 0.00300M | 0.00300M | 0.00300M | 0.00300M |
| Retained earnings | -281.28500M | -45.22000M | 248.86M | 203.08M | 39.54M |
| Other liab | - | 179.83M | 162.56M | 107.60M | 71.74M |
| Good will | 471.87M | 512.60M | 250.57M | 227.05M | 223.70M |
| Other assets | 21.26M | 49.09M | 3517.28M | 2083.13M | 31.97M |
| Cash | 233.84M | 268.62M | 278.93M | 103.60M | 104.27M |
| Cash and equivalents | - | - | - | - | - |
| Total current liabilities | 336.69M | 638.99M | 568.98M | 253.85M | 204.06M |
| Current deferred revenue | 71.50M | 85.44M | 69.51M | 68.65M | 67.12M |
| Net debt | 5088.99M | 2277.28M | 1823.44M | 957.46M | 762.67M |
| Short term debt | 8.60M | 127.68M | 80.00M | 37.97M | 90.64M |
| Short long term debt | 43.80M | 127.68M | 80.00M | - | - |
| Short long term debt total | 5322.83M | 2545.89M | 2102.37M | 1061.06M | 866.93M |
| Other stockholder equity | 312.71M | 494.20M | 413.49M | 310.33M | 323.11M |
| Property plant equipment | - | 115.73M | 69.84M | 11.69M | 60.54M |
| Total current assets | 1120.96M | 1171.51M | 1697.95M | 637.58M | 516.02M |
| Long term investments | 3965.13M | 3472.59M | 3623.06M | 1542.78M | 1265.88M |
| Net tangible assets | - | -440.17900M | 203.05M | 94.80M | -83.56200M |
| Short term investments | 1117.43M | 1129.27M | 1532.10M | - | 1265.88M |
| Net receivables | 169.34M | 900.58M | 954.59M | 445.28M | 302.12M |
| Long term debt | 2312.56M | 2319.09M | 4041.99M | 982.96M | 805.42M |
| Inventory | 110.48M | 101.67M | 0.93M | 1.44M | 27.82M |
| Accounts payable | 44.55M | 81.38M | 6.33M | 2.72M | 4.48M |
| Total permanent equity | - | - | - | - | - |
| Noncontrolling interest in consolidated entity | - | - | 43.93M | 26.37M | 29.59M |
| Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
| Accumulated other comprehensive income | 0.23M | -2.47000M | -1.08000M | -0.82300M | -1.98800M |
| Additional paid in capital | - | - | - | - | - |
| Common stock total equity | - | - | 0.00300M | 0.00300M | 0.00300M |
| Preferred stock total equity | - | - | - | - | - |
| Retained earnings total equity | - | - | 248.86M | 203.08M | 39.54M |
| Treasury stock | - | - | - | - | - |
| Accumulated amortization | - | - | - | - | - |
| Non currrent assets other | 1149.92M | 460.70M | 11.53M | 826.32M | 1802.16M |
| Deferred long term asset charges | - | - | - | - | - |
| Non current assets total | 4953.42M | 4939.70M | 4153.97M | 2025.15M | 1802.16M |
| Capital lease obligations | 98.56M | 99.12M | 69.07M | 60.78M | 61.51M |
| Long term debt total | - | - | 1953.30M | 982.96M | 805.42M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | -32.29100M | -0.61200M | -219.65200M | -196.62700M | -52.80600M |
| Change to liabilities | -132.36200M | 34.26M | 29.70M | 47.66M | 9.53M |
| Total cashflows from investing activities | -32.29100M | -956.53400M | -128.44600M | -295.39600M | -151.44100M |
| Net borrowings | 326.72M | 1059.73M | 151.89M | 250.23M | 331.04M |
| Total cash from financing activities | 17.64M | 1081.05M | 69.54M | 250.18M | 284.86M |
| Change to operating activities | 310.55M | -565.56000M | -357.44000M | -159.77200M | -135.68100M |
| Net income | -156.59400M | 450.80M | 204.02M | 81.95M | 16.40M |
| Change in cash | -8.93400M | 175.02M | 0.10M | -75.53900M | 27.74M |
| Begin period cash flow | 279.86M | 104.84M | 104.74M | 180.28M | 152.53M |
| End period cash flow | 270.93M | 279.86M | 104.84M | 104.74M | 180.28M |
| Total cash from operating activities | 6.65M | 50.89M | 57.69M | -30.39200M | -104.81400M |
| Issuance of capital stock | 0.87M | 424.43M | 39.45M | 56.63M | 0.00000M |
| Depreciation | 39.97M | 25.87M | 19.37M | 19.05M | 13.81M |
| Other cashflows from investing activities | 172.58M | -360.21600M | 93.25M | -95.30800M | -93.20300M |
| Dividends paid | 127.46M | 354.59M | 43.50M | 41.40M | 22.68M |
| Change to inventory | - | -564.14500M | -360.86300M | -141.07100M | -146.64500M |
| Change to account receivables | 6.60M | -0.71500M | 24.49M | -33.92700M | -12.94800M |
| Sale purchase of stock | -6.51600M | -2.65600M | -48.24800M | -4.27300M | -18.70300M |
| Other cashflows from financing activities | 264.70M | 1597.94M | -29.15900M | 478.75M | -12.05800M |
| Change to netincome | 10.90M | 71.36M | 67.96M | 19.22M | 12.73M |
| Capital expenditures | 3.92M | 0.68M | 2.04M | 3.46M | 5.43M |
| Change receivables | - | -2.13000M | 27.91M | -38.70800M | -8.24300M |
| Cash flows other operating | - | -590.63400M | -291.27500M | -159.56100M | -149.03400M |
| Exchange rate changes | - | - | 1.31M | 0.07M | -0.86000M |
| Cash and cash equivalents changes | - | 175.41M | 0.10M | -75.53900M | 27.74M |
| Change in working capital | 115.61M | -491.38900M | -269.72000M | -150.32400M | -151.89300M |
| Stock based compensation | 61.14M | 36.01M | 18.59M | 15.92M | 13.04M |
| Other non cash items | 26.96M | -32.17100M | 23.82M | -7.85400M | 1.84M |
| Free cash flow | 2.73M | 50.22M | 55.64M | -33.85300M | -110.24600M |
Sector: Financial Services Industry: Financial Conglomerates
| Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| RILY BRC Group Holdings, Inc. |
-0.34 3.57% | 9.18 | - | - | 0.49 | 2.08 | 1.79 | 38.45 |
| CGXYY China Galaxy Securities Co Ltd ADR |
- -% | 27.67 | 198.27 | 87.72 | 11.53 | 16.13 | 10.47 | |
| CGXYF China Galaxy Securities Co. Ltd |
- -% | 1.00 | 9.09 | - | 0.39 | 0.56 | 12.31 | |
| FRHC Freedom Holding Corp |
-1.13 0.71% | 157.43 | 7771.00 | 12.29 | 6.39 | 7.07 | 4.34 | 16.40 |
| VOYA Voya Financial Inc |
1.21 1.47% | 83.30 | 12.16 | 8.29 | 1.09 | 2.46 | 1.63 |
B. Riley Financial, Inc., through its subsidiaries, provides financial services to corporate, institutional, and high net worth clients in North America, Australia, the Asia Pacific, and Europe. The company operates through six segments: Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer. The Capital Markets segments offers investment banking, equity research, institutional sales and trading, securities lending, fund and asset management, direct lending, venture capital, proprietary trading, and investment services; merger and acquisition, restructuring advisory, and recapitalization services; public and private equity offerings; and debt financing solutions. This segment also trades in equity securities. The Wealth Management segment provides wealth management and tax services. The Financial Consulting segment offers bankruptcy restructuring and turnaround management, forensic accounting and litigation support, valuation and appraisal, and real estate services. The Auction and Liquidation Segment provides auction and liquidation services. The Communications segment offers dial-up, mobile broadband and digital subscriber line services under the NetZero and Juno brands; cloud communication services; VoIP cloud-based technology and communication devices and subscription services through magicJack; and mobile phone voice, text, and data services and devices through Marconi Wireless. The Consumer segment sells laptop and computer accessories. The company was formerly known as Great American Group, Inc. and changed its name to B. Riley Financial, Inc. in November 2014. B. Riley Financial, Inc. was founded in 1973 and is headquartered in Los Angeles, California.
11100 Santa Monica Blvd., Los Angeles, CA, United States, 90025
| Name | Title | Year Born |
|---|---|---|
| Mr. Bryant Richard Riley | Co-Founder, Chairman & Co-CEO | 1967 |
| Mr. Thomas J. Kelleher | Co-Founder, Co-CEO & Director | 1967 |
| Mr. Kenneth M. Young | Pres | 1964 |
| Mr. Phillip Ahn CFA | CFO & COO | 1970 |
| Mr. Alan Neil Forman J.D. | Exec. VP, Gen. Counsel & Sec. | 1961 |
| Mr. Andrew Thomas Moore | Chief Exec. Officer of B. Riley Securities, Inc., | 1977 |
| Mr. Daniel Shribman | Chief Investment Officer | 1984 |
| Mr. Howard E. Weitzman | Chief Accounting Officer & Sr. VP | 1962 |
| Mr. Perry M. Mandarino | Head of Corp. Fin. & Sr. MD | NA |
| Mr. Timothy Wood | Chief Information Officer | NA |
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