B. Riley’s Financial Juggernaut: Profit, Deadlines, and a Dash of Drama 🎉📉

Who knew financial reports could be more thrilling than a Christmas morning scavenger hunt? B. Riley shares soared after a surprise Q2 profit, debt shuffling, and a last-minute filing that made Nasdaq’s elves blush. Still, the Q3 report is MIA like my Aunt Carol’s infamous Christmas sweater. 🎄💸

  • B. Riley filed its Q2 2025 report before Nasdaq’s December 23 deadline-because nothing says “trust me” like beating a deadline by six days. The stock price? Suddenly less “I’m going to jail” and more “I’m going to brunch.” 🥞📈
  • Net income jumped from -$435.6M to $137.5M-proof that selling assets and exchanging notes can feel like winning Monopoly if you ignore the “Go to Jail” card. 🎲
  • But let’s not forget the Q3 report, Franchise Group’s bankruptcy drama, and a U.S. civil probe that’s probably more exciting than your ex’s LinkedIn updates. 🕵️♂️

B. Riley shares had premarket traders giddy on Dec. 16, 2025, thanks to that timely filing. If only they’d been this punctual when I asked them to return my Christmas cards. 🎀

By dodging Nasdaq’s delisting threat, B. Riley avoided becoming the first company to be booted for failing to file on time. Instead, they’re now the poster child for “last-minute hustle,” though I’m still waiting for their Q3 report. 📅

Q2 net income? A respectable $137.5M. Last year? -$435.6M. Turns out, selling GlassRatner and exchanging senior notes is the financial equivalent of trading your old iPhone for a brand-new one. 📱

Revenue hit $225.3M, thanks to a $175.6M loss reversal on loans last year. Bryant Riley, the co-CEO, claimed they’re “well positioned” to file Q3 by Jan. 20, 2026. Because who wouldn’t trust a man whose CFO’s paycheck depends on deadlines? 💼

Nasdaq granted extensions after a “panel hearing”-a process that probably involved more eye-rolling than a Zoom meeting with your parents. 🤡

Franchise Group’s bankruptcy left B. Riley with write-offs like I have clutter in my attic. And while the former CEO’s $300M fraud case is a soap opera, B. Riley insists they were “unaware.” Classic. 🎭

The U.S. civil investigation? Just another Tuesday. At least it’s better than my tax audit. 🧾

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2025-12-16 17:37