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Side-by-side financial comparison of CBL International Ltd (BANL) and BRC Group Holdings, Inc. (RILY). Click either name above to swap in a different company.

CBL International Ltd is the larger business by last-quarter revenue ($277.2M vs $188.3M, roughly 1.5× BRC Group Holdings, Inc.). BRC Group Holdings, Inc. runs the higher net margin — 47.9% vs -0.6%, a 48.5% gap on every dollar of revenue.

BANL vs RILY — Head-to-Head

Bigger by revenue
BANL
BANL
1.5× larger
BANL
$277.2M
$188.3M
RILY
Higher net margin
RILY
RILY
48.5% more per $
RILY
47.9%
-0.6%
BANL

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BANL
BANL
RILY
RILY
Revenue
$277.2M
$188.3M
Net Profit
$-1.6M
$90.3M
Gross Margin
1.0%
79.5%
Operating Margin
-0.5%
32.3%
Net Margin
-0.6%
47.9%
Revenue YoY
-21.9%
Net Profit YoY
1710.8%
EPS (diluted)
$2.78

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BANL
BANL
RILY
RILY
Q4 25
$188.3M
Q3 25
$215.3M
Q2 25
$277.2M
$188.2M
Q1 25
$197.2M
Q4 24
$592.5M
$241.0M
Q3 24
$225.5M
Q2 24
$192.0M
$256.0M
Q1 24
$263.4M
Net Profit
BANL
BANL
RILY
RILY
Q4 25
$90.3M
Q3 25
$91.1M
Q2 25
$-1.6M
$139.5M
Q1 25
$-10.0M
Q4 24
$-3.9M
$-5.6M
Q3 24
$-284.4M
Q2 24
$-433.6M
Q1 24
$-49.2M
Gross Margin
BANL
BANL
RILY
RILY
Q4 25
79.5%
Q3 25
83.7%
Q2 25
1.0%
81.3%
Q1 25
81.4%
Q4 24
0.9%
79.8%
Q3 24
82.1%
Q2 24
2.1%
84.5%
Q1 24
85.3%
Operating Margin
BANL
BANL
RILY
RILY
Q4 25
32.3%
Q3 25
30.4%
Q2 25
-0.5%
5.7%
Q1 25
-31.2%
Q4 24
-0.6%
-69.2%
Q3 24
-36.4%
Q2 24
-90.8%
Q1 24
-6.1%
Net Margin
BANL
BANL
RILY
RILY
Q4 25
47.9%
Q3 25
42.3%
Q2 25
-0.6%
74.1%
Q1 25
-5.1%
Q4 24
-0.7%
-2.3%
Q3 24
-126.1%
Q2 24
-169.4%
Q1 24
-18.7%
EPS (diluted)
BANL
BANL
RILY
RILY
Q4 25
$2.78
Q3 25
$2.91
Q2 25
$4.50
Q1 25
$-0.39
Q4 24
$-0.14
$-0.01
Q3 24
$-9.39
Q2 24
$-14.35
Q1 24
$-1.71

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BANL
BANL
RILY
RILY
Cash + ST InvestmentsLiquidity on hand
$226.6M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$22.9M
$-171.5M
Total Assets
$69.3M
$1.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BANL
BANL
RILY
RILY
Q4 25
$226.6M
Q3 25
$184.2M
Q2 25
$267.4M
Q1 25
$138.3M
Q4 24
$8.0M
$146.9M
Q3 24
$159.2M
Q2 24
$236.9M
Q1 24
$190.7M
Total Debt
BANL
BANL
RILY
RILY
Q4 25
$1.4B
Q3 25
$1.3B
Q2 25
$1.3B
Q1 25
$1.4B
Q4 24
$1.5B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
BANL
BANL
RILY
RILY
Q4 25
$-171.5M
Q3 25
$-260.5M
Q2 25
$22.9M
$-351.7M
Q1 25
$-496.8M
Q4 24
$22.9M
$-488.2M
Q3 24
$-497.6M
Q2 24
$25.3M
$-218.3M
Q1 24
$228.4M
Total Assets
BANL
BANL
RILY
RILY
Q4 25
$1.7B
Q3 25
$1.7B
Q2 25
$69.3M
$1.5B
Q1 25
$1.5B
Q4 24
$69.3M
$1.8B
Q3 24
$2.2B
Q2 24
$53.5M
$3.2B
Q1 24
$5.0B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BANL
BANL
RILY
RILY
Operating Cash FlowLast quarter
$26.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.29×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BANL
BANL
RILY
RILY
Q4 25
$26.2M
Q3 25
$-60.6M
Q2 25
$-25.6M
Q1 25
$184.0K
Q4 24
$-1.9M
$-2.7M
Q3 24
$19.5M
Q2 24
$111.5M
Q1 24
$135.4M
Free Cash Flow
BANL
BANL
RILY
RILY
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$-2.1M
Q3 24
Q2 24
Q1 24
FCF Margin
BANL
BANL
RILY
RILY
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-0.4%
Q3 24
Q2 24
Q1 24
Capex Intensity
BANL
BANL
RILY
RILY
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.0%
Q3 24
Q2 24
Q1 24
Cash Conversion
BANL
BANL
RILY
RILY
Q4 25
0.29×
Q3 25
-0.66×
Q2 25
-0.18×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BANL
BANL

Segment breakdown not available.

RILY
RILY

Transferred At Point In Time$101.4M54%
Wealth Management Segment$30.7M16%
Corporate Finance Consulting And Investment Banking Fees$27.1M14%
Services And Fees$24.8M13%
Commissions Fees And Reimbursed Expenses$4.8M3%

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