Binah Capital | 10-Q: FY2025 Q3 Revenue: USD 46.2 M

LB filings

2025.11.13 22:22

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Revenue: As of FY2025 Q3, the actual value is USD 46.2 M.

EPS: As of FY2025 Q3, the actual value is USD 0.08.

EBIT: As of FY2025 Q3, the actual value is USD 1.063 M.

Total Revenue: $46.2 million for the three months ended September 30, 2025, and $136.6 million for the nine months ended September 30, 2025, compared to $42.2 million and $124.3 million for the same periods in 2024.
Commissions: $37.4 million for the three months ended September 30, 2025, and $112.5 million for the nine months ended September 30, 2025, compared to $34.8 million and $102.8 million for the same periods in 2024.
Advisory Fees: $7.4 million for the three months ended September 30, 2025, and $20.9 million for the nine months ended September 30, 2025, compared to $6.2 million and $18.3 million for the same periods in 2024.

Net Income: $1.8 million for the three months ended September 30, 2025, and $2.1 million for the nine months ended September 30, 2025, compared to a net loss of $1.2 million and $3.5 million for the same periods in 2024.
Gross Profit: $9.0 million for the three months ended September 30, 2025, and $26.4 million for the nine months ended September 30, 2025, compared to $8.4 million and $23.5 million for the same periods in 2024.

Net Cash Provided by Operating Activities: $2.0 million for the nine months ended September 30, 2025, compared to net cash used of $2.4 million for the same period in 2024.
Net Cash Used in Investing Activities: $0.1 million for the nine months ended September 30, 2025, compared to $0.02 million for the same period in 2024.
Net Cash Used in Financing Activities: $2.1 million for the nine months ended September 30, 2025, compared to cash provided of $2.1 million for the same period in 2024.

Advisory and Brokerage Assets: Total advisory and brokerage assets were $29.9 billion at September 30, 2025, compared to $27.0 billion at September 30, 2024.

Core Business Focus: The company aims to continue its growth in advisory and brokerage assets, leveraging its platform to provide flexibility and accommodate the unique business needs of advisors.
Non-Core Business: The company is not currently pursuing any divestitures or emerging segments but focuses on consolidating retail wealth management businesses.