The earnings call reflected a balanced sentiment with notable strategic advancements and positive earnings, offset by challenges in interest income and reduced distributions.
Company Guidance
During the third quarter fiscal 2025 earnings call for Beneficient, the company provided several key financial metrics and strategic updates. Beneficient reported basic earnings per share of $10.30 and $0.12 of fully diluted earnings per share for the fiscal year-to-date, ending December 31, 2024. The call highlighted a positive revenue of $4.4 million for the third quarter and $23.0 million year-to-date, marking a significant turnaround from the negative $10.2 million and negative $55.7 million in the prior year. Operating expenses declined by 38% excluding certain noncash impairments, and permanent equity shifted from a deficit to a $14.3 million positive value. The company announced plans to acquire Mercantile Bank International Corp. and enhance shareholder value through revisions in liquidation priority. Additionally, Beneficient's liquidity and custody segments showed stable performance with a fair value increase in investments to $334.3 million, supported by a net loan portfolio of $260.6 million.
Profitable Progress with Significant Earnings
Beneficient reported $10.30 of basic earnings per share and $0.12 of fully diluted earnings per common share for the nine months ended December 31, 2024. This marks three successive quarters of positive GAAP earnings.
Strategic Acquisitions and Appointments
Beneficient announced the proposed acquisition of Mercantile Bank International Corp., which aims to expand custody and clearing services. Additionally, the company appointed Karen Wendel to the Board of Directors, bringing expertise in digital asset markets and cybersecurity.
Improved Financial Position and Capital Structure
The company increased permanent equity by $35 million and improved from a deficit of $148.3 million to a positive $14.3 million as of December 31, 2024.
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Beneficient (BENF) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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BENF Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 13, 2025
$0.64
$0.55
-14.06%
Nov 14, 2024
$1.25
$1.20
-4.00%
Aug 14, 2024
$2.28
$2.36
+3.51%
Jul 09, 2024
$3.93
$3.95
+0.51%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Beneficient (BENF) report earnings?
Beneficient (BENF) is schdueled to report earning on Jul 15, 2025, TBA Not Confirmed.
What is Beneficient (BENF) earnings time?
Beneficient (BENF) earnings time is at Jul 15, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.