B. Riley Financial Delays Quarterly Report Filing

B Riley Financial ( (RILY) ) has released a notification of late filing.

B. Riley Financial, Inc. has announced a delay in filing its Form 10-Q (Quarter Report) for the period ending March 31, 2025. The delay is primarily due to the company’s ongoing efforts to complete the audit and finalize the Annual Report on Form 10-K (Yearly Report) for the year ended December 31, 2024. This has been cited as an internal factor causing the delay. The company anticipates filing the delayed reports as soon as practical, although no specific timeline has been provided. Financially, B. Riley Financial expects a significant change in results, with an estimated net income for the quarter ranging from $1 million to $6 million, compared to a net loss of $51 million in the same period last year. The company has also reported a decrease in total assets and debt. The notification was signed by Phillip J. Ahn, the Chief Operating Officer and Chief Financial Officer, indicating ongoing compliance efforts.

Spark’s Take on RILY Stock

According to Spark, TipRanks’ AI Analyst, RILY is a Neutral.

B Riley Financial’s overall score reflects a struggling financial performance with ongoing losses and high leverage. Despite positive steps in corporate restructuring and partnerships aimed at reducing debt and enhancing growth, the technical indicators suggest bearish sentiment, and valuation metrics highlight profitability challenges. Addressing Nasdaq compliance and ensuring operational stability are critical for future improvement.

To see Spark’s full report on RILY stock, click here.

More about B Riley Financial

Average Trading Volume: 2,012,068

Technical Sentiment Signal: Sell

Current Market Cap: $98.2M

For detailed information about RILY stock, go to TipRanks’ Stock Analysis page.