Business
BRC Group Holdings, Inc. Reports Fourth Quarter and Full Year 2025 Financial Results
Fourth Quarter 2025 Net Income Available to Common Shareholders of $84.8 Million;Fourth Quarter 2025 Adjusted EBITDA of $104.2 MillionFull Year 2025 Net
About this update from Brc Group Holdings, Inc.
[{"type":"text","content":"Fourth Quarter 2025 Net Income Available to Common Shareholders of $84.8 Million;Fourth Quarter 2025 Adjusted EBITDA of $104.2 MillionFull Year 2025 Net Income Available to Common Shareholders of $299.4 Million;Full Year 2025 Adjusted EBITDA of $231.1 MillionLOS ANGELES, March 31, 2026 /PRNewswire/ -- BRC Group Holdings, Inc. (Nasdaq: RILY) (\"BRCGH\" or the \"Company\"), a diversified holding company, today announced the filing of its Annual Report on Form 10-K for the three and twelve-month periods ended December 31, 2025.\nFourth Quarter & Full Year 2025 HighlightsStrong fourth quarter and full year 2025 financial performance was driven by investment appreciation, strategic asset dispositions and operating segment performance while accomplishing a comprehensive balance sheet and operating platform transformation.Total debt reduced significantly by $346.6 million to $1.43 billion through senior note exchanges, redemption of senior notes, term loan repayments, and other debt paydowns.Net Debt(5) declined substantially by $75.9 million in the fourth quarter 2025 and $436.7 million in the full year 2025, to $627.0 million at December 31, 2025, which was primarily achieved through asset sales, investment appreciation, and senior note exchanges.Completed several strategic and operational objectives throughout the year including the sale of GlassRatner and Atlantic Coast Recycling, generating proceeds that were applied to debt reduction and funding operations.Successfully transitioned to new chief financial officer in June and independent auditor in September, and brought all SEC financial reporting current, filing three 2025 10-Qs between November 2025 and January 2026. Regained compliance with Nasdaq's Periodic Filing Rule in January 2026.Fourth quarter and full year 2025 results fall within or above estimates provided on January 29, 2026 and updated on March 17, 2026, which are summarized in table Preliminary Estimates vs. Actual Financial Results.Bryant Riley, Chairman and Co-Chief Executive Officer of BRCGH, commented: \"Strong fourth quarter and full year 2025 financial results were delivered across our diverse platform of operating companies and investment holdings. The capital markets and financial services businesses performed well, overcoming difficult market conditions in the first half of 2025. The Communications Busines...