# BRC Group Holdings, Inc. (RILY) · Edgar & Edgarette company card

> BRC Group Holdings (RILY) saw revenue fall 1.9% in FY2025 to $968 million, operating margin 7.8% against a 20.8% median for investment advice, equity -10.1% of assets, and its dividend per share fell in the latest year on record. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1464790 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/RILY) · [JSON](https://www.pops4.com/boards/company/RILY.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $968M |
| Revenue growth, 1 year | -1.9% |
| Revenue growth per year | -11.2% |
| Operating margin | 7.8% (prior year -50.5%) |
| Net margin | 32.1% |
| Operating cash flow | −$60M |
| Capital spending | — |
| Free cash flow | — |
| Cash | $227M |
| Long-term debt | $1.4B |
| Total assets | $1.7B |
| Total equity | −$172M |
| Equity ÷ assets | -10.1% |
| Return on equity | — |
| Dividend per share | $1 |
| Dividend years rising | 0 |

## Readings, computed from those figures

- Piotroski F: 4 of 9 (middling)
- Health Harbor boat: Rotting at the dock · four or more warning signs · filed late annual report notice, late quarterly report notice in the last 12 months; liabilities exceed assets (often from years of share buybacks, not always distress); slow and jumpy: growing slower than its size class, with revenue that swings more; operating cash flow was negative; revenue is hard to predict: its 80% range is ±47%
- Cash Compass: Fading · slow and jumpy, lagging its peers

## Edgarette's reading

Exposure: revenue $967.6M (FY2025), total debt $1.4B. Experience: revenue down 1.9% on the year, down 11.2% a year over 4 years; operating margin 7.8%, up from -50.5%. Soundness: equity -10.1% of assets (liabilities exceed assets), payout 0.0% of profit, the dividend per share fell in the latest year on record. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $570.3M and $1.6B next year (method v4.1: its own 4-year record of growth weighed at 50% against $100M–1B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $440.3M to $2.1B. A statistical range, not company guidance. Against peers (22 filers, $50M+ revenue, investment advice): operating margin 7.8% against a 20.8% median; growth -1.9% against 7.5%.

Range logged 2026-09-24, receipt 71cdabaf795a98fd, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item NT 10-K Late annual report notice: 1, latest 2026-03-17 ([filing](https://www.sec.gov/Archives/edgar/data/1464790/000121390026029096/0001213900-26-029096-index.htm))
- Item 3.01 Exchange listing notice or transfer: 2, latest 2025-11-28 ([filing](https://www.sec.gov/Archives/edgar/data/1464790/000121390025115932/0001213900-25-115932-index.htm))
- Item NT 10-Q Late quarterly report notice: 1, latest 2025-11-12 ([filing](https://www.sec.gov/Archives/edgar/data/1464790/000121390025109341/0001213900-25-109341-index.htm))
- Item 5.02 Director or officer change: 7, latest 2026-10-28 ([filing](https://www.sec.gov/Archives/edgar/data/1464790/000121390026113367/0001213900-26-113367-index.htm))

## Recent filings

- 8-K · filed 2026-10-28 · 5.02 Departure or Election of Directors; Appointment of Officers; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1464790/000121390026113367/0001213900-26-113367-index.htm)
- 8-K · filed 2026-10-01 · 1.01 Entry into a Material Definitive Agreement; 2.01 Completion of Acquisition or Disposition of Assets; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1464790/000121390026105855/0001213900-26-105855-index.htm)
- 8-K · filed 2026-08-28 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1464790/000121390026095052/0001213900-26-095052-index.htm)
- 8-K · filed 2026-08-13 · 1.01 Entry into a Material Definitive Agreement; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1464790/000121390026089148/0001213900-26-089148-index.htm)
- 10-Q · filed 2026-08-06 · [filing](https://www.sec.gov/Archives/edgar/data/1464790/000146479026000046/0001464790-26-000046-index.htm)
- 8-K · filed 2026-08-06 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1464790/000146479026000045/0001464790-26-000045-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001464790.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1464790

## Cite

POPS4, Edgar & Edgarette: BRC Group Holdings, Inc. (RILY) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/RILY. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.