Riley Rosebee Talks With Brett Conrad
A fireside chat between Riley Rosebee & Brett Conrad.
Co-Founder, Chairman & Co-Chief Executive Officer, B Riley Financial
Search every verified Bryant Riley interview, podcast appearance, and on-the-record quote β each transcript cross-checked by AI and human review to confirm speaker identity. Bryant Riley, co-founder, chairman, and co-CEO of B. Riley Financial, discussed the company's 2023 financial results during a February 2024 earnings call. He stated that non-cash write-downs related to Targus and unrealized investment losses masked what he described as a strong year for the majority of the company's subsidiaries, noting that the company delivered increased revenues of over 50% to $1.6 billion and $368 million of operating EBITDA. Riley also said the company reduced its dividend by 50% to reinvest in the business, including repurchasing its debt. He mentioned that the company retained a firm to conduct a review of strategic alternatives for its appraisal and retail liquidation businesses, formerly known as Great American Group, and that the annual report on Form 10-K would be delayed due to the time and resources required for a review of a matter under scrutiny. In a December 2024 interview, Riley, who described himself as a full-time chef and father, spoke about his personal life, including his move from Los Angeles to Las Vegas in 2019 to expand his culinary career. He discussed the joy of being a father to his six-year-old son, stating that his son inspires him and that he values taking moments to "breathe, meditate" and appreciate each day. In earlier appearances, Riley emphasized the importance of fundamental research as the core of his firm, described the company as a contrarian investor that seeks value in companies that "everybody hates," and highlighted the firm's role in providing research, sales, trading, and advisory services to Nasdaq-listed companies.
“The biggest cost savings really is going to be the movement to electric. Because electric motors take far far less maintenance than gasoline motors. We're going from fuel efficiency. It's the maintenance cost and the uptime and availability to fly but it will be a fraction of the cost as well for fuel. Um, and as you m...”
“I think going all the way from, you know, autonomously being able to do inventory like you saw today at the grocery store, an autonomous checker, you know, um, inventory checker, right? So, it's going through making sure everything's in stock. But then that that goes to all of a sudden autonomously picking groceries an...”
“Dolingo is is is mine. I'm kind of betting on them now. They've been crushed lately. Um, and that's why I think they're in a really good spot to to buy. you know, their book value per share keeps going up, but there's just a lot of um fear, uncertainty, and doubt about how they're going to come out in this world of of...”
“Given the current scrutiny surrounding this matter and the time and resources it has required to complete our review, our annual report on Form 10-K for the year will be delayed.”
A fireside chat between Riley Rosebee & Brett Conrad.
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