secwatch.observer — SEC 8-K summary
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Issuer:     Binah Capital Group, Inc. (BCG)
CIK:        0001953984
Form:       8-K
Filed at:   2025-03-31T23:59:59+00:00
Accession:  0001104659-25-029871
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Binah Capital Q4 revenue up 8% to $45M; net loss $1.1M, adjusted EBITDA $2.0M
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- Total revenue grew 8% year-over-year to $45M in Q4 2024.
- GAAP net loss of $1.1M in Q4; adjusted EBITDA rose 43% YoY to $2.0M.
- Advisory and brokerage assets under management up 13% YoY to $27B.
- Gross profit $8.5M vs $9.0M prior year; operating expenses $9.6M vs $7.8M.
- CEO highlights successful refinancing of senior credit facility and robust acquisition pipeline for 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1953984/000110465925029871/0001104659-25-029871-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1953984/000110465925029871/tm2510937d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-029871

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer