B. Riley Financial, Inc. (RILYT) is a diversified financial services company operating in the financial sector, providing investment banking, brokerage, asset management, and advisory services. The company serves corporations, institutional investors, and individual clients through a range of capital markets and financial advisory solutions.
Its activities include investment banking services, capital raising, financial restructuring advisory, equity and debt brokerage, asset management, and proprietary investments. Through its subsidiaries, B. Riley also provides valuation services, liquidation support, and consulting solutions for businesses undergoing strategic transitions.
The company operates through several business segments, including:
• Capital Markets: Investment banking, research, trading, and institutional brokerage services.
• Wealth Management: Portfolio management and advisory services for individual investors.
• Financial Consulting: Valuation, restructuring advisory, and corporate financial consulting.
• Principal Investments: Direct investments across multiple asset classes and industries.
B. Riley’s operations are primarily based in the United States, where it maintains offices serving corporate clients, financial institutions, and individual investors.
The firm’s performance is influenced by capital markets activity, corporate restructuring cycles, interest-rate conditions, and overall economic trends that affect transaction volumes and investment opportunities.
The company’s securities include various publicly traded debt instruments. B. Riley Financial, Inc. 6.875% Senior Notes due 2028 trade on the Nasdaq under the ticker RILYT.
History and Development
B. Riley Financial traces its origins to 1997, when Bryant Riley founded B. Riley & Co. as a brokerage and investment banking firm focused on small- and mid-cap companies.
During its early years, the company expanded its capital markets capabilities while building relationships with institutional investors and corporate clients.
Over time, B. Riley broadened its business model through acquisitions and the creation of new operating divisions, adding financial consulting, restructuring advisory, wealth management, and asset management services.
In 2014, the company went public through a reverse merger with Great American Group, forming B. Riley Financial, Inc. and significantly expanding its platform of financial services.
In the following years, the firm continued to diversify its operations through additional acquisitions and strategic investments, strengthening its position as a multi-platform financial services provider serving corporate and institutional clients.
Additional Information
B. Riley Financial Inc. (United States) is listed on the Nasdaq and has a market capitalization of $392.49 Millions, with shareholders equity totaling $413.78 Millions.
The company employs approximately 996 people and operates in the Financial sector, within the Capital Markets industry.
Over the past 12 months, B. Riley Financial Inc. reported $2.70 Billions in revenue, generating net income of $-66.96 Millions.
Key financial metrics include a P/E ratio of -5.86, a price-to-book (P/B) ratio of 0.95, and a trailing twelve-month dividend yield of 11.45%.
The company trades under the ticker RILYT.