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Side-by-side financial comparison of Emerald Holding, Inc. (EEX) and BRC Group Holdings, Inc. (RILY). Click either name above to swap in a different company.
BRC Group Holdings, Inc. is the larger business by last-quarter revenue ($188.3M vs $132.7M, roughly 1.4× Emerald Holding, Inc.). BRC Group Holdings, Inc. runs the higher net margin — 47.9% vs -22.8%, a 70.7% gap on every dollar of revenue. On growth, Emerald Holding, Inc. posted the faster year-over-year revenue change (24.3% vs -21.9%). Over the past eight quarters, Emerald Holding, Inc.'s revenue compounded faster (-0.3% CAGR vs -15.4%).
TVS Emerald Haven Realty Limited is an Indian real estate development company headquartered in Chennai, Tamil Nadu. A subsidiary of TVS Holdings, it specializes in sustainable residential communities and urban development projects.
EEX vs RILY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $132.7M | $188.3M |
| Net Profit | $-30.2M | $90.3M |
| Gross Margin | — | 79.5% |
| Operating Margin | -11.8% | 32.3% |
| Net Margin | -22.8% | 47.9% |
| Revenue YoY | 24.3% | -21.9% |
| Net Profit YoY | -692.2% | 1710.8% |
| EPS (diluted) | $-0.15 | $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.
| Q4 25 | $132.7M | $188.3M | ||
| Q3 25 | $77.5M | $215.3M | ||
| Q2 25 | $105.5M | $188.2M | ||
| Q1 25 | $147.7M | $197.2M | ||
| Q4 24 | $106.8M | $241.0M | ||
| Q3 24 | $72.6M | $225.5M | ||
| Q2 24 | $86.0M | $256.0M | ||
| Q1 24 | $133.4M | $263.4M |
| Q4 25 | $-30.2M | $90.3M | ||
| Q3 25 | $-14.4M | $91.1M | ||
| Q2 25 | $-1.4M | $139.5M | ||
| Q1 25 | $15.3M | $-10.0M | ||
| Q4 24 | $5.1M | $-5.6M | ||
| Q3 24 | $-11.1M | $-284.4M | ||
| Q2 24 | $-2.8M | $-433.6M | ||
| Q1 24 | $11.0M | $-49.2M |
| Q4 25 | — | 79.5% | ||
| Q3 25 | — | 83.7% | ||
| Q2 25 | — | 81.3% | ||
| Q1 25 | — | 81.4% | ||
| Q4 24 | — | 79.8% | ||
| Q3 24 | — | 82.1% | ||
| Q2 24 | — | 84.5% | ||
| Q1 24 | — | 85.3% |
| Q4 25 | -11.8% | 32.3% | ||
| Q3 25 | -10.1% | 30.4% | ||
| Q2 25 | 9.7% | 5.7% | ||
| Q1 25 | 24.2% | -31.2% | ||
| Q4 24 | 19.5% | -69.2% | ||
| Q3 24 | -6.5% | -36.4% | ||
| Q2 24 | 7.4% | -90.8% | ||
| Q1 24 | 18.2% | -6.1% |
| Q4 25 | -22.8% | 47.9% | ||
| Q3 25 | -18.6% | 42.3% | ||
| Q2 25 | -1.3% | 74.1% | ||
| Q1 25 | 10.4% | -5.1% | ||
| Q4 24 | 4.8% | -2.3% | ||
| Q3 24 | -15.3% | -126.1% | ||
| Q2 24 | -3.3% | -169.4% | ||
| Q1 24 | 8.2% | -18.7% |
| Q4 25 | $-0.15 | $2.78 | ||
| Q3 25 | $-0.07 | $2.91 | ||
| Q2 25 | $-0.01 | $4.50 | ||
| Q1 25 | $0.08 | $-0.39 | ||
| Q4 24 | $0.01 | $-0.01 | ||
| Q3 24 | $-0.05 | $-9.39 | ||
| Q2 24 | $-0.03 | $-14.35 | ||
| Q1 24 | $0.00 | $-1.71 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $100.9M | $226.6M |
| Total DebtLower is stronger | — | $1.4B |
| Stockholders' EquityBook value | $338.8M | $-171.5M |
| Total Assets | $1.2B | $1.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $100.9M | $226.6M | ||
| Q3 25 | $95.4M | $184.2M | ||
| Q2 25 | $156.4M | $267.4M | ||
| Q1 25 | $276.8M | $138.3M | ||
| Q4 24 | $194.8M | $146.9M | ||
| Q3 24 | $188.9M | $159.2M | ||
| Q2 24 | $193.2M | $236.9M | ||
| Q1 24 | $186.8M | $190.7M |
| 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 | — | — |
| Q4 25 | $338.8M | $-171.5M | ||
| Q3 25 | $369.5M | $-260.5M | ||
| Q2 25 | $389.4M | $-351.7M | ||
| Q1 25 | $392.1M | $-496.8M | ||
| Q4 24 | $385.9M | $-488.2M | ||
| Q3 24 | $391.1M | $-497.6M | ||
| Q2 24 | $407.6M | $-218.3M | ||
| Q1 24 | $-90.7M | $228.4M |
| Q4 25 | $1.2B | $1.7B | ||
| Q3 25 | $1.2B | $1.7B | ||
| Q2 25 | $1.2B | $1.5B | ||
| Q1 25 | $1.2B | $1.5B | ||
| Q4 24 | $1.0B | $1.8B | ||
| Q3 24 | $1.1B | $2.2B | ||
| Q2 24 | $1.1B | $3.2B | ||
| Q1 24 | $1.1B | $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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $12.3M | $26.2M |
| Free Cash FlowOCF − Capex | $11.7M | — |
| FCF MarginFCF / Revenue | 8.8% | — |
| Capex IntensityCapex / Revenue | 0.5% | — |
| Cash ConversionOCF / Net Profit | — | 0.29× |
| TTM Free Cash FlowTrailing 4 quarters | $41.4M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.3M | $26.2M | ||
| Q3 25 | $1.8M | $-60.6M | ||
| Q2 25 | $15.9M | $-25.6M | ||
| Q1 25 | $12.6M | $184.0K | ||
| Q4 24 | $20.6M | $-2.7M | ||
| Q3 24 | $9.1M | $19.5M | ||
| Q2 24 | $9.8M | $111.5M | ||
| Q1 24 | $7.3M | $135.4M |
| Q4 25 | $11.7M | — | ||
| Q3 25 | $1.5M | — | ||
| Q2 25 | $15.8M | — | ||
| Q1 25 | $12.4M | — | ||
| Q4 24 | $19.9M | — | ||
| Q3 24 | $9.0M | — | ||
| Q2 24 | $9.6M | — | ||
| Q1 24 | $7.0M | — |
| Q4 25 | 8.8% | — | ||
| Q3 25 | 1.9% | — | ||
| Q2 25 | 15.0% | — | ||
| Q1 25 | 8.4% | — | ||
| Q4 24 | 18.6% | — | ||
| Q3 24 | 12.4% | — | ||
| Q2 24 | 11.2% | — | ||
| Q1 24 | 5.2% | — |
| Q4 25 | 0.5% | — | ||
| Q3 25 | 0.4% | — | ||
| Q2 25 | 0.1% | — | ||
| Q1 25 | 0.1% | — | ||
| Q4 24 | 0.7% | — | ||
| Q3 24 | 0.1% | — | ||
| Q2 24 | 0.2% | — | ||
| Q1 24 | 0.2% | — |
| Q4 25 | — | 0.29× | ||
| Q3 25 | — | -0.66× | ||
| Q2 25 | — | -0.18× | ||
| Q1 25 | 0.82× | — | ||
| Q4 24 | 4.04× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.66× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EEX
| Connections Segment | $121.9M | 92% |
| Commerce Segment | $5.5M | 4% |
| Content | $5.3M | 4% |
RILY
| Transferred At Point In Time | $101.4M | 54% |
| Wealth Management Segment | $30.7M | 16% |
| Corporate Finance Consulting And Investment Banking Fees | $27.1M | 14% |
| Services And Fees | $24.8M | 13% |
| Commissions Fees And Reimbursed Expenses | $4.8M | 3% |
