Beneficient (BENFW) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
325 N. SAINT PAUL STREET DALLAS, TX 75201 |
| State of Incorp. | NV |
| Fiscal Year End | March 31 |
| Industry (SIC) | 6199 - Finance Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 12/31/2024 Q3 | 9/30/2024 Q2 | 6/30/2024 Q1 | 3/31/2024 Q4 | 12/31/2023 Q3 | 9/30/2023 Q2 | 6/30/2023 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 4,482 | 4,399 | 11,248 | 2,394 | 3,057 | ||||
| Cash and cash equivalent | 4,482 | 4,399 | 11,248 | 2,394 | 3,057 | ||||
| Total current assets: | 4,482 | 4,399 | 11,248 | 2,394 | 3,057 | ||||
| Noncurrent Assets | |||||||||
| Intangible assets, net (including goodwill) | 13,014 | 13,312 | 84,814 | 968,037 | 1,274,721 | ||||
| Goodwill | 9,914 | 10,212 | 81,714 | 964,937 | 1,271,621 | ||||
| Intangible assets, net (excluding goodwill) | 3,100 | 3,100 | 3,100 | 3,100 | 3,100 | ||||
| Total noncurrent assets: | 13,014 | 13,312 | 84,814 | 968,037 | 1,274,721 | ||||
| Other undisclosed assets | 351,292 | 343,593 | 404,501 | 486,574 | 518,085 | ||||
| TOTAL ASSETS: | 368,788 | 361,304 | 500,563 | 1,457,005 | 1,795,863 | ||||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 256,454 | 258,542 | 245,538 | 273,694 | 263,864 | ||||
| Total liabilities: | 256,454 | 258,542 | 245,538 | 273,694 | 263,864 | ||||
| Temporary equity, including noncontrolling interest | 125,526 | 251,052 | 251,052 | 251,052 | 251,052 | ||||
| Equity | |||||||||
| Equity, attributable to parent | (165,304) | (182,587) | (172,378) | 368,357 | 494,658 | ||||
| Treasury stock, value | (3,444) | (3,444) | (3,444) | (3,444) | (3,444) | ||||
| Additional paid in capital | 1,836,492 | 1,852,187 | 1,843,493 | 1,842,274 | 1,583,041 | ||||
| Accumulated other comprehensive income | 281 | 255 | 442 | 391 | 14,190 | ||||
| Accumulated deficit | (1,998,633) | (2,011,547) | (1,992,992) | (1,450,826) | (1,079,091) | ||||
| Receivable from shareholders or affiliates for issuance of capital stock | (20,038) | (20,038) | (20,038) | (20,038) | |||||
| Warrants and rights outstanding | 161 | ||||||||
| Equity, attributable to noncontrolling interest | 152,107 | 34,293 | 176,236 | 563,636 | 786,080 | ||||
| Other undisclosed equity | 5 | 4 | 115 | 266 | 209 | ||||
| Total equity: | (13,192) | (148,290) | 3,973 | 932,259 | 1,280,947 | ||||
| TOTAL LIABILITIES AND EQUITY: | 368,788 | 361,304 | 500,563 | 1,457,005 | 1,795,863 | ||||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 12/31/2024 Q3 | 9/30/2024 Q2 | 6/30/2024 Q1 | 3/31/2024 Q4 | 12/31/2023 Q3 | 9/30/2023 Q2 | 6/30/2023 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 8,561 | 10,046 | (10,235) | (42,761) | (2,743) | |||
| Revenues, excluding interest and dividends | 8,541 | 11,028 | 7,448 | (13) | 500 | |||
| Gross profit: | 8,561 | 10,046 | (10,235) | (42,761) | (2,743) | |||
| Operating expenses | (22,276) | 34,292 | (905,716) | (339,003) | (1,153,227) | |||
| Operating income (loss): | (13,715) | 44,338 | (915,951) | (381,764) | (1,155,970) | |||
| Interest and debt expense | (8,846) | (5,114) | (3,784) | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (13,715) | 44,338 | (924,797) | (386,878) | (1,159,754) | |||
| Other undisclosed income from continuing operations before income taxes | 23,462 | |||||||
| Income (loss) from continuing operations before income taxes: | 9,747 | 44,338 | (924,797) | (386,878) | (1,159,754) | |||
| Income tax expense | (28) | (75) | ||||||
| Income (loss) from continuing operations: | 9,747 | 44,310 | (924,872) | (386,878) | (1,159,754) | |||
| Other undisclosed net income | 5,114 | 3,784 | ||||||
| Net income (loss): | 9,747 | 44,310 | (924,872) | (381,764) | (1,155,970) | |||
| Net income attributable to noncontrolling interest | 7,590 | 7,713 | 386,935 | 14,196 | 44,552 | |||
| Net income (loss) attributable to parent: | 17,337 | 52,023 | (537,937) | (367,568) | (1,111,418) | |||
| Other undisclosed net loss available to common stockholders, basic | (4,423) | (4,356) | (4,229) | (4,167) | (4,105) | |||
| Net income (loss) available to common stockholders, basic: | 12,914 | 47,667 | (542,166) | (371,735) | (1,115,523) | |||
| Other undisclosed net income (loss) available to common stockholders, diluted | 1,356 | (2,831) | ||||||
| Net income (loss) available to common stockholders, diluted: | 14,270 | 44,836 | (542,166) | (371,735) | (1,115,523) | |||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2024 Q3 | 9/30/2024 Q2 | 6/30/2024 Q1 | 3/31/2024 Q4 | 12/31/2023 Q3 | 9/30/2023 Q2 | 6/30/2023 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 9,747 | 44,310 | (924,872) | (381,764) | (1,155,970) | |||
| Other undisclosed comprehensive income | 3,193 | 3,336 | 382,757 | 9,924 | 44,737 | |||
| Comprehensive income (loss): | 12,940 | 47,646 | (542,115) | (371,840) | (1,111,233) | |||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 7,590 | 7,713 | 386,935 | 14,196 | 44,552 | |||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (7,616) | (7,692) | (386,986) | (14,091) | (48,842) | |||
| Comprehensive income (loss), net of tax, attributable to parent: | 12,914 | 47,667 | (542,166) | (371,735) | (1,115,523) | |||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.