B. Riley Financial Inc. (RILY): Comprehensive Guide

What is B. Riley Financial Inc.?

B. Riley Financial Inc. (RILY) is a diversified financial services company providing investment banking, wealth management, and financial advisory services.

Key Facts

• Headquarters: Los Angeles, California
• Founded: 1997
• CEO: Bryant Riley
• Revenue: $916.4 million (2021)
• Ticker Symbol: RILY (Nasdaq)

Services Offered

RILY's services include:

Investment Banking

• Mergers and acquisitions
• Capital raisings
• Restructuring

Wealth Management

• Wealth planning
• Investment management
• Estate planning

Financial Advisory

• M&A advisory
• Due diligence
• Valuation

Financial Performance

RILY's financial performance has been solid:

• Revenue growth: 4.6% CAGR over the past 5 years
• Net income growth: 12.5% CAGR over the past 5 years
• Diluted EPS growth: 10.9% CAGR over the past 5 years

Recent News and Events

In August 2023, RILY delayed the release of its quarterly report. This led to a 10.6% drop in its premarket stock price.

The company is also facing an SEC investigation related to its accounting practices.

Conclusion

B. Riley Financial Inc. is a diversified financial services company with a solid track record of financial performance. However, recent events have cast a shadow over the company.

Investors should carefully consider the potential risks and rewards before investing in RILY.