Core Insights - Dominari Holdings Inc. reported a third-quarter revenue of $50.8 million, representing a 1,150% increase year-over-year and a 49% increase from the previous quarter [5] - The company achieved over 700% year-to-date revenue growth, driven by strong underwriting activity and client engagement [2] - Dominari's net income for the quarter was $125.2 million, a significant improvement from a net loss of $4.2 million in the same quarter last year [5] Financial Performance - Revenue for Q3 2025 was $50.8 million, up from $4.0 million in Q3 2024 and $34.1 million in Q2 2025 [5] - Loss from operations improved to $1.6 million from a loss of $3.2 million in Q3 2024 [5] - Other income totaled $127.7 million, largely due to an increase in the market value of investments [5] Balance Sheet Highlights - Total assets increased to $223.4 million, up 374% from $47.1 million at the end of 2024 [5] - Working capital stood at $198.8 million, reflecting a 716% increase compared to the previous year [5] - Total shareholders' equity reached $210.3 million, a 428% increase from $39.9 million at the end of 2024 [5] Strategic Developments - Dominari Securities LLC was approved as a Limited Underwriting member of the New York Stock Exchange effective October 8, 2025 [5] - The company raised over $1.4 billion in capital markets activity year-to-date to support American companies in key innovation sectors [5] - Dominari Holdings aims to enhance shareholder value through organic growth and opportunities in sectors like AI and Data Centers [9]
Dominari 2025 Revenue Surges 703% in First Nine Months, Balance Sheet Strengthens Significantly