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B. Riley Monetary, Inc. (NASDAQ:RILY) Enterprise Replace Name August 13, 2025 4:30 PM ET
Firm Contributors
Bryant Richard Riley – Co-Founder, Chairman & Co-CEO
Scott Yessner – Government Vice President & CFO
Thomas J. Kelleher – Co-Founder, Co-CEO & Director
Convention Name Contributors
Operator
Good day, and welcome to the Fiscal Yr 2024 Preliminary Outcomes (sic) [ Fiscal Year 2024 Results ] and a Preliminary Monetary and Enterprise Replace for First Half 2025.
My title is Matthew, and I shall be your Evercall moderator. [Operator Instructions]
Presently, I’ll flip the decision over to Bryant Riley, Chairman, Co-Founder and Co-CEO of B. Riley Monetary. It’s possible you’ll now start.
Bryant Richard Riley
Thanks, and good afternoon. We admire everybody becoming a member of us. Within the final 12 months, B. Riley has made important progress with our technique to realign our working companies in the direction of Monetary Providers and Capital Markets, enhance our capital construction and scale back our debt. Earlier than I broaden on these achievements, I want to share a 2024 audit standing replace.
We’re within the late phases of documenting the 2024 annual audit and we anticipate to file the 10-Okay shortly. Concurrently, we have now been documenting our first and second quarter 10-Qs, with each filings prepared for auditor assessment after the 10-Okay submitting. Scott will broaden on our monetary operations later within the name.
Earlier than strolling by the small print, we have to first thank our coworkers who’ve labored tirelessly to ship for our shareholders. This dedication has resonated and helped drive sturdy consumer retention. With their collective efforts, we have now refocused our technique on our Monetary Providers firms, supplemented by sturdy money flows from our different subsidiaries, primarily Telecom.
We imagine we’re properly positioned to deploy capital and leverage money era from our diversified working firm portfolio. We have
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