| Cash Flow | 2025-06-30 | 2025-03-31 |
|---|---|---|
| Net income (loss) | 124,432 | -16,567 |
| Depreciation and amortization | 18,798 | 10,090 |
| Provision for losses on accounts receivable | 1,614 | 2,065 |
| Share-based compensation | 8,606 | 3,563 |
| Fair value and remeasurement adjustments, non-cash (includes 3,011 and 196,743 from related parties for 2025 and 2024, respectively) | -6,789 | 8,405 |
| Non-cash interest and other (includes (268) and (5,916) from related parties for 2025 and 2024, respectively) | -6,584 | -4,513 |
| Depreciation of rental merchandise | 6,698 | 3,387 |
| Net foreign currency (gains) losses | 481 | 224 |
| Loss from equity investments | - | -552 |
| Income from equity investments | 25,051 | - |
| Dividends from equity investments | 122 | 59 |
| Deferred income taxes | 9,100 | 8,957 |
| Impairment of goodwill and tradenames | 1,500 | - |
| Gain on disposal of discontinued operations | 66,795 | - |
| (gain) loss on sale or disposal of fixed assets and other | 1,147 | 1,350 |
| Gain on sale and deconsolidation of businesses | 86,213 | 80,841 |
| (loss) gain on extinguishment of debt | -20,693 | -10,427 |
| Gain on senior note exchange | 54,986 | 10,532 |
| Income allocated and fair value adjustment for mandatorily redeemable noncontrolling interests | 0 | 0 |
| Amounts due to/from clearing brokers | 14,668 | 17,818 |
| Securities and other investments owned | -39,126 | -49,216 |
| Securities borrowed | 29,298 | -2,127 |
| Accounts receivable | -3,542 | -3,551 |
| Prepaid expenses and other assets (includes 3,373 and (12,777) from related parties for 2025 and 2024, respectively) | -6,728 | -5,479 |
| Accounts payable, accrued expenses and other liabilities | -13,665 | -8,961 |
| Amounts due to/from related parties and partners | 2,290 | 1,959 |
| Securities sold not yet purchased | 6,672 | -3,535 |
| Deferred revenue | -4,609 | -857 |
| Securities loaned | 26,402 | -5,199 |
| Net cash (used in) provided by operating activities | -25,375 | 184 |
| Purchases of loans receivable (includes (50,853) and (14,359) from related parties for 2025 and 2024, respectively) | 66,650 | 61,528 |
| Repayments of loans receivable (includes 32,683 and 20,307 from related parties for 2025 and 2024, respectively) | - | -46,757 |
| Repayments of loans receivable (includes 50,883 and 30,553 from related parties for 2025 and 2024, respectively) | 105,378 | - |
| Proceeds from sales of loans receivable (includes 6,611 and from related parties for 2025 and 2024, respectively) | 10,415 | 6,840 |
| Proceeds from loan participations sold | 4,475 | 3,986 |
| Acquisition of businesses and minority interest, net of and 604 cash acquired for 2025 and 2024, respectively | 0 | - |
| Proceeds from sale of business, net of cash sold and other | 94,938 | 68,901 |
| Purchases of property, equipment and intangible assets | 9,148 | 6,673 |
| Proceeds from sale of property, equipment, intangible assets, and other | 7,173 | 7,160 |
| Distributions from equity investment | -34,869 | - |
| Purchases of equity and other investments | 6,621 | 6,621 |
| Consolidation of vie | 359 | 359 |
| Proceeds from sale of discontinued operations, net of cash sold | 114,032 | - |
| Net cash provided by investing activities | 289,220 | 59,181 |
| Proceeds from revolving line of credit | 46,374 | 21,535 |
| Repayment of revolving line of credit | 50,627 | 24,064 |
| Proceeds from note payable | 850 | 850 |
| Repayment of notes payable and other | 13,138 | 12,834 |
| Repayment of term loan | 310,253 | 239,274 |
| Proceeds from term loan | 235,550 | 235,550 |
| Redemption of senior notes | -145,302 | -145,302 |
| Payment of debt issuance and offering costs | 11,253 | 8,942 |
| Payment of contingent consideration | 1,376 | 48 |
| Payment of employment taxes on vesting of restricted stock | 0 | 0 |
| Common dividends paid | 0 | 0 |
| Preferred dividends paid | 0 | 0 |
| Distribution to noncontrolling interests | 3,249 | 0 |
| Contributions from noncontrolling interests | 0 | 0 |
| Proceeds from exercise of warrants | 0 | - |
| Net cash used in financing activities | -252,424 | -172,529 |
| Increase in cash, cash equivalents and restricted cash | 11,421 | - |
| Effect of exchange rate changes on cash | 546 | -465 |
| Net decrease in cash, cash equivalents and restricted cash | - | -113,629 |
| Cash and cash equivalents at beginning of period | 256,676 | 256,676 |
| Cash and cash equivalents at end of period | 268,643 | 143,047 |
B. Riley Financial, Inc. (RILYP)
B. Riley Financial, Inc. (RILYP)