B. Riley Financial Company profile
About B Riley Financial Inc
B. Riley Financial, Inc. provides diversified financial services and solutions. The Company's operating segments include the Capital Markets segment, which provides investment banking, securities lending, and trading services to corporate and institutional clients. The Wealth Management segment provides wealth management and tax services to corporate, institutional and high net worth clients. The Auction and Liquidation segment provides auction and liquidation services to help clients dispose of assets that include multi-location retail inventory, intellectual property and real property. The Financial Consulting segment provides bankruptcy, financial advisory, forensic accounting, and appraisal services. The Principal Investments - United Online and magicJack segment provides consumer Internet access and related subscription services from United Online and cloud communication services primarily through the magicJack devices. The Brands segment is engaged in licensing of trademarks.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, B Riley Financial Inc revenues increased 93% to $1.74B. Net income applicable to common stockholders increased from $200.4M to $437.6M. Revenues reflect Capital markets segment increase of 74% to $1.08B, Principal Investments - United Online segment increase of 7% to $93.3M, Brands segment increase of 23% to $20.3M, Northern America (Region) segment increase of 98% to $1.69B.
Equity composition
06/14, 1-for-20 Reverse stock split.