BRC Group Holdings, Inc. (RILY) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

and welcome to the BRC Group Holdings fourth quarter and full year 2025 Financial Results Conference call. My name is Isabel, and I will be your EverCall moderator. The format of the call includes prepared remarks from the company, followed by a question and answer session. Please note that all attendees will be on the listen-only mode until the Q&A portion of the call. At this time, I will turn the call over to Bryant Riley from BRC Group Holdings. You may now begin. Thank you and good afternoon. We appreciate everyone joining us. To start, we are pleased to report that our 10-K was filed on time. It's an important milestone for our counterparties, shareholders, and organization as a whole. With that, for nearly 30 years, BRC Group Holdings has been defined by a key principle, our willingness to be opportunistic. In the deals we took on, the capital we deployed, the companies we backed, and the businesses we built. Over the years, our team has grown adept at rising to the challenges associated with capitalizing those opportunities. The last two years required the firm to apply those same skills to itself, rebuilding our balance sheet, shifting operations, refocusing parts of the platform, and positioning BRCGEH for what comes next. We made some hard decisions along the way, but we made them deliberately, and we made them so that we could get back to doing what we do best. The bedrock of success of BRCGH's platform is our ability to bring together diverse companies, aligning them to partner creatively for our clients, and building a collaborative ecosystem. Advisory, capital markets, wealth management, principal investments, and businesses that generate recurring steady cash flow, that combination creates real value for clients and shareholders alike. Over the past t...