Binah Capital files audited FY2023 financials for Wentworth; revenue $168M, net income $571K; auditor changed to FGMK

Binah Capital Group, Inc.

Business combination with Wentworth closed March 15, 2024; audited FY2023/2022 financials and pro forma filed 11 months late.
Wentworth 2023 revenue $168.0M (down 6% YoY from $178.9M); net income $571K (down 37% from $911K).
Auditor dismissed Marcum LLP Feb 5, 2025; appointed FGMK LLC as independent registered public accounting firm.
Goodwill $39.8M, intangible assets $1.6M; notes payable $20.8M (net) and affiliate promissory notes $12.2M.

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