B. riley financial, inc. (RILY)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Revenues:
Sale of goods

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,447

-

5

0

9,268

-

10,390

3,016

2,317

-

3,279

6,353

2,420

-

937

262

813

359

2,936

Total revenues

-206

165,237

180,063

164,684

142,128

-

99,681

125,501

-

-

-

-

-

-

-

-

-

-

-

-

26,031

-

20,674

14,947

21,653

-

21,751

15,239

20,954

-

14,235

19,651

19,320

-

28,512

9,831

13,816

13,858

5,215

Total revenues

-

-

-

-

-

-

-

-

95,778

-

92,426

66,676

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Services and fees

-

-

-

-

-

-

-

-

-

-

-

-

52,818

-

50,300

20,261

19,944

19,753

21,150

39,442

21,584

-

20,669

14,947

12,385

-

11,361

12,223

18,637

-

10,956

13,298

16,900

-

27,575

9,569

13,003

13,499

2,279

Interest income - Securities lending

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sale of goods

-

-

-

-

-

-

-

-

-

-

-

-

79

-

6,666

0

2

-

122

6,019

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total revenues

-

-

-

-

-

-

-

-

-

-

-

-

52,897

-

56,966

20,261

19,946

-

21,272

45,461

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating expenses:
Direct cost of services

19,952

8,035

12,441

24,232

14,116

1,021

8,156

13,925

11,652

-5,599

10,138

18,485

17,601

15,773

12,841

5,560

6,683

-

5,213

8,539

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of goods sold

769

3,740

911

1,805

1,119

658

52

49

41

85

124

130

59

12,362

2,391

0

2

-

0

2,181

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Direct cost of services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,778

-

5,135

5,807

6,059

-

5,644

5,635

6,152

-

4,844

5,001

6,252

-

7,613

3,479

4,812

2,852

2,882

Cost of goods sold

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

890

-

1,747

0

9,064

-

8,240

1,513

1,520

-

2,172

4,128

2,149

-

974

405

908

561

3,993

Selling, general and administrative expenses

87,744

106,330

96,587

87,338

94,964

93,905

71,782

76,723

68,098

95,048

70,962

37,722

24,152

33,283

22,727

14,521

11,596

12,567

12,782

20,072

12,901

-

12,497

10,196

7,788

-

7,085

10,026

10,937

-

7,878

9,758

8,519

-

10,897

8,160

7,791

8,018

8,083

Restructuring charge

-

0

0

1,552

147

6,259

428

1,602

217

890

4,896

6,214

374

302

3,585

0

0

-

0

-

-

-

2,548

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of tradenames

4,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense - Securities lending and loan participations sold

8,473

9,565

10,273

5,502

6,804

6,722

6,425

4,724

5,168

5,536

4,950

1,565

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

120,938

127,670

120,212

120,429

117,150

108,565

86,843

97,023

85,176

95,960

91,070

64,116

42,186

61,720

41,544

20,081

18,281

-

17,995

30,792

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20,569

-

21,927

16,003

22,911

-

20,969

17,174

18,609

-

14,894

18,887

16,920

-

19,484

12,044

13,511

11,431

14,958

Operating (loss) income

-121,144

37,567

59,851

44,255

24,978

-6,534

12,838

28,478

10,602

14,217

1,356

2,560

10,711

31,458

15,422

180

1,665

-1,326

3,277

14,669

5,462

-

-1,253

-1,056

-1,258

-

782

-1,935

2,345

-

-659

764

2,400

-

9,028

-2,213

305

2,427

-9,743

Other income (expense):
Interest income

246

248

361

331

637

590

442

166

128

62

76

150

132

286

26

3

3

-

5

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from equity investments

-

-

-

-

-

-

-

-

-672

-

-157

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

6

4

-

-

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

-

3

4

2

-

31

5

2

-

30

77

79

-

119

153

137

157

87

Loss from equity investments

-236

2,618

1,113

-1,400

-3,762

-

828

4,893

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-15

-

-

165

-40

-80

-

-174

-416

68

-401

-455

Loss from equity investment in Shoon Trading Limited

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-143

-

-

-

-

-

-

-

-

-

-

-

-

Loss from equity investment in Shoon Trading Limited

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Gain from bargain purchase

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,366

-

-

-

-

-

-

-

Gain from bargain purchase

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

Interest expense

15,654

15,075

12,772

11,588

10,770

9,467

9,340

10,359

4,227

3,187

2,510

1,894

791

598

991

275

132

99

64

418

253

-

53

449

628

-

567

637

634

-

678

646

627

-

2,921

625

328

848

759

(Loss) income before income taxes

-136,788

25,358

48,553

31,598

11,083

-12,474

4,768

23,178

5,831

10,812

-1,235

816

10,052

31,146

14,457

-92

1,536

-

3,218

14,254

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,211

-

-1,303

-1,501

-1,884

-

103

-2,582

1,713

-

-1,142

1,521

1,772

-

6,049

-3,107

178

1,335

-10,870

Benefit (provision) for income taxes

-37,539

7,842

14,409

9,289

3,104

-3,509

2,046

5,377

989

16,263

-1,357

-2,547

-3,849

8,137

6,083

-65

166

-372

600

5,685

1,775

-

-387

-594

-814

-

-133

-987

778

-

-375

57

705

-

2,018

-858

704

880

-4,263

Net (loss) income

-99,249

17,516

34,144

22,309

7,979

-8,965

2,722

17,801

4,842

-5,451

122

3,363

13,901

23,009

8,374

-27

1,370

-1,046

2,618

8,569

3,436

-2,902

-916

-907

-1,070

1,000

236

-1,595

935

2,576

-767

1,464

1,067

-

4,031

-2,249

-

-

-

Change in cumulative translation adjustment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-20

-

-

Other comprehensive income (loss), net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-20

-

-

Comprehensive income (loss) attributable to B. Riley Financial, Inc.

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-814

4,067

-2,359

-546

-

-

Net loss attributable to noncontrolling interests

-584

387

-158

152

-44

-160

-92

804

339

662

-246

83

-120

10,569

-565

74

1,122

-42

1,155

-95

754

-

-48

-130

264

-

-130

-64

-354

-

-220

845

0

-

0

0

-

-

-

Net income (loss)

-99,249

17,516

34,144

22,309

7,979

-8,965

2,722

17,801

4,842

-5,451

122

3,363

13,901

-

8,374

-27

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,031

-2,249

-

-

-

Change in cumulative translation adjustment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

36

-110

-

-

-

Other comprehensive loss, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

36

-110

-

-

-

Total comprehensive income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,067

-2,359

-

-

-

Comprehensive income attributable to noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

Net (loss) income attributable to B. Riley Financial, Inc.

-98,665

17,129

34,302

22,157

8,023

-8,805

2,814

16,997

4,503

-6,113

368

3,280

14,021

-

8,939

-101

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,031

-2,249

-526

455

-6,607

Preferred stock dividends

1,055

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (loss) income available to common shareholders

-99,720

-

-

-

8,023

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to B. Riley Financial, Inc.

-98,665

17,129

34,302

22,157

8,023

-8,805

2,814

16,997

4,503

-6,113

368

3,280

14,021

12,440

8,939

-101

248

-1,004

1,463

8,664

2,682

-

-868

-777

-1,334

-

366

-1,531

1,289

-

-547

619

1,067

-

4,031

-2,249

-526

455

-6,607

Basic (loss) income per common share

-3.83

0.64

1.29

0.84

0.31

-0.35

0.11

0.67

0.17

-0.39

0.01

0.15

0.73

0.71

0.47

-0.01

0.02

-0.06

0.09

0.53

0.17

-

-0.05

-0.16

-0.93

-

0.26

-1.07

0.04

-

-0.02

0.02

0.04

-

0.14

-0.08

-0.02

-

-

Basic and diluted income (loss) per share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.02

-0.24

Diluted (loss) income per common share

-3.83

0.62

1.21

0.82

0.30

-0.33

0.10

0.64

0.17

-0.39

0.01

0.15

0.71

0.70

0.47

-0.01

0.01

-0.06

0.09

0.53

0.17

-

-0.05

-0.16

-0.93

-

0.24

-1.07

0.04

-

-0.02

0.02

0.04

-

0.14

-0.08

-0.02

0.02

-0.24

Cash dividends per share

-

-

-

-

-

-

-

-

-

-

0.13

0.16

0.26

-

0.03

0.00

0.00

-

0.20

-

-

-

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average basic common shares outstanding

26,028

26,552

26,556

26,278

26,217

26,136

25,968

25,424

26,219

26,267

26,059

21,216

19,181

19,023

18,977

17,935

16,490

16,285

16,243

16,237

16,117

-

15,911

4,972

1,434

-

1,434

1,434

28,682

-

28,682

28,682

28,681

-

28,650

28,460

28,360

28,160

27,998

Weighted average diluted common shares outstanding

26,028

28,299

28,233

26,896

26,687

26,535

26,854

26,397

27,271

27,778

27,639

22,119

19,626

19,887

19,191

17,935

16,553

16,245

16,344

16,310

16,162

-

15,911

4,972

1,434

-

1,494

1,434

29,656

-

28,682

29,599

29,534

-

29,519

28,460

28,360

29,129

27,998

Services And Fees [Member]
Total revenues

159,381

154,822

153,379

154,859

103,896

-

89,824

118,882

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total revenues

-

-

-

-

-

-

-

-

88,449

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Trading (losses) income and fair value adjustments on loans [Member]
Total revenues

-182,442

-

-

-

25,867

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest Income - Securities lending [Member]
Total revenues

21,851

32,370

25,766

7,665

11,420

-

9,785

6,591

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total revenues

-

-

-

-

-

-

-

-

7,291

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sale Of Goods [Member]
Total revenues

1,004

3,912

918

2,160

945

-

72

28

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total revenues

-

-

-

-

-

-

-

-

38

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-