Binah Capital Group, Inc.
BCG Nasdaq Finance Services Financials FY2023–FY2025
Revenue
Total sales reported in the income statement.
$187M
10.8%
vs prior year
Operating margin
Operating income as a share of revenue.
—
Net income
Profit after all expenses, interest and tax.
$2.3M
Free cash flow
Cash from operations minus capital spending.
$5.1M
Return on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
—
Market cap
Last close times the latest diluted share count, so it is approximate.
—
P/E
Last close divided by diluted earnings per share over the last four quarters.
—
On $0.15 EPS (TTM)
What Binah Capital Group, Inc. does
No business description yet.
- Legal name
- Binah Capital Group, Inc.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 31, 2026
- Accession · CIK
- 0001104659-26-037897
0001953984
Revenue and margins
Binah Capital Group, Inc. had $187M of revenue in fiscal 2025, up 10.8% on the year before.
FY23
Revenue $168M
FY24
Revenue $169M
FY25
Revenue $187M
Q3 '23
Revenue $42.9M
Q4 '23
Revenue $41.3M
Q1 '24
Revenue $41.4M
Q2 '24
Revenue $40.6M
Q3 '24
Revenue $42.2M
Q4 '24
Revenue $44.6M
Q1 '25
Revenue $48.9M
Q2 '25
Revenue $41.5M
Q3 '25
Revenue $46.2M
Q4 '25
Revenue $50.5M
Q1 '26
Revenue $48.7M
Q2 '26
Revenue $46.5M
FY23
Gross —
Operating —
Net 0.3%
FCF 1.5%
FY24
Gross —
Operating —
Net −3.1%
FCF −0.4%
FY25
Gross —
Operating —
Net 1.2%
FCF 2.7%
Gross
Operating
Net
FCF
Q3 '23
Gross —
Operating —
Net 0.6%
FCF 0.4%
Q4 '23
Gross —
Operating —
Net −2.1%
FCF 5.3%
Q1 '24
Gross —
Operating —
Net −5.6%
FCF −7.6%
Q2 '24
Gross —
Operating —
Net −1.8%
FCF 2.5%
Q3 '24
Gross —
Operating —
Net −2.7%
FCF −0.8%
Q4 '24
Gross —
Operating —
Net −2.5%
FCF 3.9%
Q1 '25
Gross —
Operating —
Net 2.1%
FCF 2.1%
Q2 '25
Gross —
Operating —
Net −1.6%
FCF 0.1%
Q3 '25
Gross —
Operating —
Net 3.8%
FCF 1.9%
Q4 '25
Gross —
Operating —
Net 0.3%
FCF 6.1%
Q1 '26
Gross —
Operating —
Net 3.9%
FCF 1.1%
Q2 '26
Gross —
Operating —
Net 0.7%
FCF 2.4%
Gross
Operating
Net
FCF
Net income and earnings per share
Loss periods are shown in red.
FY23
Net income $0.6M
FY24
Net income −$5.3M
FY25
Net income $2.3M
Q3 '23
Net income $0.2M
Q4 '23
Net income −$0.9M
Q1 '24
Net income −$2.3M
Q2 '24
Net income −$0.7M
Q3 '24
Net income −$1.2M
Q4 '24
Net income −$1.1M
Q1 '25
Net income $1.0M
Q2 '25
Net income −$0.7M
Q3 '25
Net income $1.8M
Q4 '25
Net income $0.2M
Q1 '26
Net income $1.9M
Q2 '26
Net income $0.3M
FY23
Diluted EPS —
FY24
Diluted EPS −$0.39
FY25
Diluted EPS $0.04
Q3 '23
Diluted EPS —
Q4 '23
Diluted EPS —
Q1 '24
Diluted EPS −$0.14
Q2 '24
Diluted EPS −$0.04
Q3 '24
Diluted EPS −$0.09
Q4 '24
Diluted EPS −$0.12
Q1 '25
Diluted EPS $0.04
Q2 '25
Diluted EPS −$0.06
Q3 '25
Diluted EPS $0.08
Q4 '25
Diluted EPS −$0.02
Q1 '26
Diluted EPS $0.09
Q2 '26
Diluted EPS $0.00
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
FY23
Return on capital —
Return on equity 11.2%
Return on assets 0.8%
FY24
Return on capital —
Return on equity −49.7%
Return on assets −7.9%
FY25
Return on capital —
Return on equity 13.4%
Return on assets 3.4%
Return on capital
Return on equity
Return on assets
Cash flow
Free cash flow was $5.1M in fiscal 2025, 2.7% of revenue. Cash from operations minus capital spending.
FY23
Free cash flow $2.5M
FY24
Free cash flow −$0.7M
FY25
Free cash flow $5.1M
Q3 '23
Free cash flow $0.2M
Q4 '23
Free cash flow $2.2M
Q1 '24
Free cash flow −$3.1M
Q2 '24
Free cash flow $1.0M
Q3 '24
Free cash flow −$0.3M
Q4 '24
Free cash flow $1.7M
Q1 '25
Free cash flow $1.0M
Q2 '25
Free cash flow $0.1M
Q3 '25
Free cash flow $0.9M
Q4 '25
Free cash flow $3.1M
Q1 '26
Free cash flow $0.5M
Q2 '26
Free cash flow $1.1M
FY23
Cash from operations $2.6M
Capital spending $0.1M
FY24
Cash from operations −$0.6M
Capital spending $0.1M
FY25
Cash from operations $5.2M
Capital spending $0.1M
Cash from operations
Capital spending
Q3 '23
Cash from operations $0.2M
Capital spending $0.0M
Q4 '23
Cash from operations $2.2M
Capital spending −$0.0M
Q1 '24
Cash from operations −$3.1M
Capital spending $0.0M
Q2 '24
Cash from operations $1.0M
Capital spending $0.0M
Q3 '24
Cash from operations −$0.3M
Capital spending $0.0M
Q4 '24
Cash from operations $1.8M
Capital spending $0.1M
Q1 '25
Cash from operations $1.1M
Capital spending $0.0M
Q2 '25
Cash from operations $0.1M
Capital spending $0.0M
Q3 '25
Cash from operations $0.9M
Capital spending $0.0M
Q4 '25
Cash from operations $3.1M
Capital spending $0.0M
Q1 '26
Cash from operations $0.5M
Capital spending $0.0M
Q2 '26
Cash from operations $1.1M
Capital spending $0.0M
Cash from operations
Capital spending
Dividends, buybacks and share count
Binah Capital Group, Inc. returned — to shareholders in fiscal 2025. The diluted share count rose 2.3%.
FY23
Dividends —
Buybacks —
FY24
Dividends —
Buybacks —
FY25
Dividends —
Buybacks —
Dividends
Buybacks
FY23
Diluted shares —
FY24
Diluted shares 0.02B
FY25
Diluted shares 0.02B
Balance sheet
Cash, debt and the ratios that show how comfortably Binah Capital Group, Inc. can carry it.
FY23
Cash $7.6M
Debt —
FY24
Cash $8.5M
Debt —
FY25
Cash $10.7M
Debt —
Cash
Debt
| Fiscal year end | FY23 | FY24 | FY25 |
|---|---|---|---|
| Cash and short-term investments | $7.6M | $8.5M | $10.7M |
| Total assets | $67.4M | $66.7M | $70.2M |
| Total liabilities | $62.3M | $50.5M | $51.9M |
| Shareholders' equity | $5.1M | $16.2M | $18.3M |
| Net debt (− = net cash) | — | — | — |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8–9 is strong, 0–2 weak.
| Test | FY23 | FY24 | FY25 |
|---|---|---|---|
| Net income is positive | ✓ | ✕ | ✓ |
| Cash from operations is positive | ✓ | ✕ | ✓ |
| Return on assets rose | — | ✕ | ✓ |
| Cash from operations exceeds net income | ✓ | ✓ | ✓ |
| Debt fell relative to assets | — | — | — |
| Current ratio rose | — | — | — |
| Share count didn't rise | — | — | ✕ |
| Gross margin rose | — | — | — |
| Revenue rose relative to assets | — | ✓ | ✓ |
| F-score | — / 3 | — / 5 | — / 6 |
| Accruals ratio | −2.9% | −7.0% | −4.2% |
| Altman Z'' | — | — | — |
3 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY23 | FY24 | FY25 |
|---|---|---|---|
| Income statement | |||
| Revenue | $168M | $169M | $187M |
| Pretax income | $0.5M | −$3.1M | $2.6M |
| Income tax | −$0.1M | $1.4M | — |
| Net income | $0.6M | −$5.3M | $2.3M |
| Net income to common | — | −$6.4M | $0.8M |
| Diluted EPS | — | −$0.39 | $0.04 |
| Diluted shares | — | 0.02B | 0.02B |
| Cash flow | |||
| Cash from operations | $2.6M | −$0.6M | $5.2M |
| Capital expenditure | $0.1M | $0.1M | $0.1M |
| Free cash flow | $2.5M | −$0.7M | $5.1M |
| Depreciation and amortization | $0.5M | $0.4M | $0.3M |
| Stock-based compensation | — | — | $0.7M |
| Balance sheet | |||
| Cash and short-term investments | $7.6M | $8.5M | $10.7M |
| Property and equipment, net | $1.0M | $0.6M | $0.3M |
| Goodwill | $39.8M | $39.8M | $39.8M |
| Intangible assets | $1.6M | $1.0M | $0.7M |
| Total assets | $67.4M | $66.7M | $70.2M |
| Total liabilities | $62.3M | $50.5M | $51.9M |
| Shareholders' equity | $5.1M | $16.2M | $18.3M |
| Margins | |||
| Net margin | 0.3% | −3.1% | 1.2% |
| FCF margin | 1.5% | −0.4% | 2.7% |
| Returns | |||
| Return on equity | 11.2% | −49.7% | 13.4% |
| Return on assets | 0.8% | −7.9% | 3.4% |
| Growth | |||
| Revenue growth | — | 0.6% | 10.8% |
| Net income growth | — | −1,026.8% | — |
| FCF growth | — | −128.4% | — |
| Share count change | — | — | 2.3% |
| Capital allocation | |||
| Capex / revenue | 0.0% | 0.1% | 0.0% |
| Stock comp / revenue | — | — | 0.4% |
| Quality scores | |||
| Accruals ratio | −2.9% | −7.0% | −4.2% |
Source: SEC EDGAR XBRL filings (CIK 0001953984). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.