Binah Capital Group Reports Q2 2025 Results: Revenue Up 2% YoY to $42M, Net Loss Steady at $0.7M, EBITDA Rises to $1M
Reuters
Aug 14
Binah Capital Group Reports <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Results: Revenue Up 2% YoY to $42M, Net Loss Steady at $0.7M, EBITDA Rises to $1M
Binah Capital Group Inc. has announced its second-quarter 2025 financial results, showcasing a 2% year-over-year increase in total revenue, reaching $42 million. The company also reported a significant 11% growth in advisory and brokerage assets, which now total $28 billion. Gross profit for the quarter rose by 21% to $8.8 million, compared to $7.3 million in the same period last year. The company faced a GAAP net loss of $0.7 million, consistent with the prior-year period. However, there was an improvement in EBITDA, which increased to $1.0 million from $0.6 million in the previous year. As of June 30, 2025, Binah Capital Group reported cash and cash equivalents amounting to $8.2 million and outstanding long-term debt, net of unamortized issuance costs, of $18.6 million. The financial results underscore the company's ongoing momentum and strategic execution in enhancing long-term shareholder value.
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