secwatch.observer — SEC 8-K summary
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Issuer:     Binah Capital Group, Inc. (BCG)
CIK:        0001953984
Form:       8-K
Filed at:   2026-03-31T23:59:59+00:00
Accession:  0001104659-26-037868
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Binah Capital FY2025 revenue $187.1M (+11%), GAAP net income $2.3M, vs prior-year loss
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- Full-year revenue grew 10.7% to $187.1M; AuM increased 11% to $29.9B.
- GAAP net income of $2.3M ($0.04 diluted EPS) vs net loss of $4.6M ($0.39 loss) in 2024.
- EBITDA rose to $5.4M from $1.9M; adjusted EBITDA $6.5M vs $6.3M.
- Q4 revenue $50.5M (+13.2%); GAAP net income $0.2M ($0.01 EPS) vs Q4 2024 loss of $1.1M.
- Gross profit $37.8M for the year, up from $33.7M; operating expenses declined to $35.2M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1953984/000110465926037868/0001104659-26-037868-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1953984/000110465926037868/tm2610699d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-037868

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