NASDAQ$RILY

BRC Group Holdings Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

B. Riley reported a net loss driven by investment losses, offset by record quarterly operating results.

B. Riley Financial reported revenues of negative $0.2 million and a net loss of $98.7 million for the first quarter of 2020, primarily due to investment losses. However, the company experienced strong operating performance, with operating revenue increasing to $182.2 million and operating adjusted EBITDA increasing to $70.9 million.

  • Revenues were negative $0.2 million due to investment losses.
  • Net loss of $98.7 million was reported, primarily driven by investment losses.
  • Operating revenue increased to $182.2 million from $116.3 million in the prior year period.
  • Operating adjusted EBITDA increased to $70.9 million from $18.9 million for the prior year period.

Headline financials

Total Revenue

-$206K

Previous: $142M-100.1%
EPS (adj)

-$3.13

Previous: $0.61-613.1%
Capital Expenditures

-$438K

Previous: -$1.75M+74.9%
Free Cash Flow

-$99.1M

Previous: $6.28M-1678.8%
Net Income

-$98.7M

Previous: $8.02M-1329.8%
Operating Income

-$121M

Previous: $25M-585.0%
Gross Profit

-$975K

Previous: $141M-100.7%
Cash & Equivalents

$124M

Previous: $163M-24.0%
Total Assets

$2.13B

Previous: $1.92B+11.1%
Stock-Based Comp

$5.32M

Previous: $2.61M+103.6%

Revenue & EPS history

B. Riley · Revenue · Quarterly

-$206K

Q1 2020-100.1%vs Q1 2019

Revenue by segment

B. Riley · $232M total across 4 segments · Q3 2023

  • Communications
    $85M+9.1%
  • Consumer Products
    $55.1M
  • Wealth Management
    $47.2M-2.0%
  • Capital Markets
    $45M-74.9%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

+2.4%

Avg return

Earnings day

+2.6%

Avg return

5 days after

+2.9%

Avg return

30 days after

51%

33 / 65 earnings

Positive

+30.0%

Q1 2011

Best reaction

-17.5%

Q3 2013

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.9%-2.8%-5.6%
Q4 2025+2.1%+0.1%+22.7%
Q3 2025+1.2%+19.5%-8.3%
Q1 2025-15.3%-14.7%-0.2%
Q4 2024+15.0%+4.0%+3.5%
Q3 2024-15.5%-26.1%-39.1%
Q2 2024+19.0%+26.6%+7.8%
Q1 2024-16.7%-10.3%-39.8%
Q4 2023-11.5%+10.5%+11.1%
Q3 2023-13.5%-36.7%-27.3%
Q2 2023-8.9%-4.5%-15.6%
Q1 2023+27.5%+36.2%+30.3%
Q4 2022-5.5%+1.6%-9.5%
Q3 2022+9.1%+9.1%+15.0%
Q2 2022+1.5%+5.4%+2.3%
Q1 2022-15.2%-4.5%+3.2%
Q4 2021-7.2%-5.5%+12.0%
Q3 2021+15.8%+21.7%+25.8%
Q2 2021+1.1%-2.4%+0.8%
Q1 2021-5.6%+5.7%-0.2%
Q4 2020+12.8%+12.9%-6.7%
Q3 2020+6.4%+12.9%+48.3%
Q2 2020+5.2%+11.4%+11.6%
Q1 2020+5.2%+0.8%+34.1%
Q4 2019-2.9%-7.6%-33.9%
Q3 2019+15.5%+21.9%+19.9%
Q2 2019+8.3%+6.3%+12.2%
Q1 2019+4.5%+7.8%+9.4%
Q4 2018-2.9%-3.3%-1.3%
Q3 2018+0.3%-3.9%-7.1%
Q2 2018+0.5%+0.2%+4.8%
Q1 2018+8.7%+6.9%+5.2%
Q4 2017+1.6%+1.9%+2.7%
Q3 2017+0.3%+3.1%+13.3%
Q2 2017-6.8%-14.6%-11.1%
Q1 2017-0.3%-2.4%+5.8%
Q4 2016+4.5%+3.4%+3.5%
Q3 2016+0.0%+10.8%+9.9%
Q2 2016+0.3%+0.5%+4.7%
Q1 2016+0.6%
Q4 2015+0.0%
Q3 2015-1.5%
Q2 2015+3.6%
Q1 2015+0.0%
Q4 2014+0.0%
Q3 2014+1.9%
Q2 2014-0.4%
Q4 2013+16.8%
Q1 2014+16.8%
Q3 2013-17.5%
Q2 2013-14.9%
Q1 2013+25.6%
Q4 2012+25.6%
Q3 2012-13.4%
Q2 2012+25.0%
Q1 2011+30.0%
Q1 2012+0.0%
Q4 2011+0.0%
Q4 2009+0.0%
Q3 2011-3.5%
Q2 2011+0.0%
Q4 2010+0.0%
Q3 2010+25.0%
Q2 2010+0.0%
Q1 2010-1.2%

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