B. Riley Securities Provides Post-Carve Out Business Update and Financial Highlights

Core Insights - B. Riley Securities Holdings, Inc. reported a significant increase in client activity and revenue in its first full quarter post-carve-out from B. Riley Financial, Inc. [1][2] - The company raised over $8 billion for AI-driven investments over the past year, indicating a strong focus on technology and innovation [2]. - The firm has strengthened its leadership and expanded its sector coverage, enhancing its capabilities in various industries [2]. Financial Performance - Total revenue for Q2 2025 was approximately $60.9 million, with adjusted net revenue at approximately $51.5 million [3]. - GAAP net income was approximately $12.5 million, while adjusted net income totaled approximately $8.6 million [3]. - The company operates with a debt-free balance sheet, with cash and securities totaling $94.5 million as of June 30, 2025 [12]. Operational and Strategic Developments - B. Riley Securities has made key strategic hires to reinforce leadership across various practice areas, including Real Estate, Healthcare, and FinTech [2]. - The firm has refocused on its strengths as a mid-market merchant bank and has begun to regain momentum in its core business lines after a challenging Q1 [2]. - The Board of Directors approved a common stock dividend of approximately $0.22 per share, totaling around $4.1 million, reflecting the company's commitment to returning capital to shareholders [12].