Beneficient

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Beneficient reports Q2 growth, addresses liquidity demands with strategic initiatives

Beneficient's Q2 2025 earnings call highlighted positive developments, financial improvements, and strategic initiatives to address liquidity demands. The company's focus on democratizing private equity and enhancing transaction efficiency positions it for growth.
While facing challenges in sustaining growth and managing liquidity demands, Beneficient benefits from strong governance practices and market adaptability. Opportunities lie in capitalizing on liquidity demand, regulatory changes, and new business initiatives.
Overall, Beneficient's performance reflects resilience and strategic planning, with opportunities to drive growth through market positioning and operational enhancements. Navigating challenges and leveraging strengths will be crucial for the company's continued success.

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Beneficient is a financial services company, which engages in providing alternative assets, financial and investment services. It offers services to individual investors, wealth advisors, general partners, and institutional investors. It operates through the following segments: Ben Liquidity, Ben Custody, Customer ExAlt Trusts, and Corporate and Other. The Ben Liquidity segment offers liquidity products and services. The Ben Custody segment provides trust and custody administration services. The Customer ExAlt Trusts segment includes investments in alternative assets. The Corporate and Other segment relates to its overhead and administrative costs. The company was founded by Brad K. Heppner on June 6, 2023 and is headquartered in Dallas, TX.

Beneficient has entered into an agreement with entities controlled by its founder and CEO to enhance current and and future shareholder value and growth.

Beneficient Enters into Transactions to Deliver Tangible Book Value and Other Benefits to Beneficient Public Company Stockholders Provided by Entities Controlled by CEO & Founder, Brad Heppner, and Other Founders

Beneficient announced it has entered into an agreement to acquire Mercantile Bank International Corp., a Puerto Rico-based International Financial Entity.

Beneficient Enters into Agreement to Acquire Mercantile Bank International to Expand its Alternative Asset Custody Services

Beneficient it has been invited to present on the Emerging Growth Conference on Wed., Dec. 4, 2024. The Company will host a webcast group presentation.

Beneficient to Present at the Emerging Growth Conference on December 4, 2024

DALLAS, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Beneficient (the “Company”) (Nasdaq: BENF), a technology-enabled platform providing liquidity and related trust and custody services to holders of alternative assets, today announced that it has received notice from The Nasdaq Stock Market LLC ("Nasdaq") that it has regained compliance with the Stockholders' Equity Requirement under Nasdaq Listing Rule 5550(b)(1) and the Audit Committee Requirement under Nasdaq Listing Rule 5605(c)(2). As a result, the Company's securities will continue to be listed and traded on Nasdaq.

Beneficient Regains Compliance with NASDAQ Minimum Stockholders' Equity Requirement and Audit Committee Requirement

Beneficient today announced the appointment of Karen J. Wendel as an independent member of the Company's Board of Directors as of November 21, 2024.

Beneficient Appoints Karen J. Wendel to Board of Directors

DALLAS, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Beneficient (Nasdaq: BENF) (“Ben” or the “Company”), a technology-enabled financial services holding company announces that its subsidiary Beneficient Company Holdings, L.P. consummated a previously announced transaction pursuant to which approximately $35 million of its preferred equity was redesignated as non-redeemable, resulting in the addition of approximately $35 million of permanent equity on its balance sheet.

Beneficient Consummates Transaction to Increase Permanent Equity by $35 Million

today provided an update to a Kansas legislators about its business operations and related economic development for the benefit of the state's communities.

Beneficient Reports to Kansas Legislative Committee on Its Positive Developments and the Digital Transformation of the Alternative Asset Industry

DALLAS, TX / ACCESSWIRE / November 18, 2024 / Beneficient (NASDAQ:BENF) ("Ben" or the "Company"), a technology-enabled platform providing exit opportunities and primary capital solutions and related trust and custody services to holders of alternative assets through its proprietary online platform, AltAccess, will participate in the Virtual Investor Summit Microcap Conference taking place November 21, 2024. The company will be available for 1-on-1 meetings throughout the day in addition to their presentation.

Beneficient to Present at November 21st Virtual Investor Summit Microcap Event

Beneficient (NASDAQ:BENF ) Q2 2025 Results Conference Call November 15, 2024 8:00 AM ET Company Participants Dan Callahan - IR Brad Heppner - CEO and Chairman Greg Ezell - CFO Conference Call Participants Michael Kim - Zacks Small-Cap Research Brendan McCarthy - Sidoti Operator Welcome to the Beneficient Second Quarter Fiscal 2025 Earnings Call. At this time, all participants are in a listen-only mode.

Beneficient (BENF) Q2 2025 Earnings Call Transcript

Reports Second Quarter of Positive GAAP Net Income Maintains Cost Efficient Operating Profile DALLAS, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) (“Ben” or the “Company”), a technology-enabled financial services holding company that provides liquidity and related trust and custody services to holders of alternative assets, today reported its financial results for the fiscal 2025 second quarter, which ended September 30, 2024. Commenting on the fiscal 2025 second quarter results, Beneficient management said: “We are pleased to report our second consecutive profitable quarter as a public company, which we believe positions Ben as a leading solution for liquidity and primary capital in large and growing private investment markets.

Beneficient Reports Results for Second Quarter Fiscal 2025

Beneficient (Nasdaq: BENF) will release Second Quarter Fiscal 2025 financial results on Thurs., Nov. 14, 2024 and host a webcast on Fri., Nov. 15, 2024.

Beneficient Announces Second Quarter Fiscal 2025 Earnings Release and Webcast

DALLAS, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Beneficient (Nasdaq: BENF) (“Ben” or the “Company”), a technology-enabled financial services holding company, today announced that it will be presenting at the LD Micro Main Event XVII investor conference to be held October 28-30, 2024 in Los Angeles. As part of the conference, the Company will conduct a group presentation at 12:30 pm Pacific Time on Wednesday, October 30, 2024.

Beneficient to Present at the LD Micro Main Event XVII on October 30 in Los Angeles

U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining more than 100 points on Friday.

Nasdaq Gains Over 100 Points; Beneficient Shares Spike Higher

DALLAS, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) (“Ben” or the “Company”), a technology-enabled financial services holding company announces that its subsidiary Beneficient Company Holdings, L.P. consummated a previously announced transaction pursuant to which approximately $126 million of its preferred equity was redesignated as non-redeemable.

Beneficient Consummates Transaction to Increase Permanent Equity by $126 Million

DALLAS, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) (“Ben” or the “Company”), a technology-enabled financial services holding company, today announced the appointment of Patrick J. Donegan as an independent member of the Company's Board of Directors as of September 30, 2024.

Beneficient Appoints Patrick J. Donegan to Board of Directors

Start Time: 16:30 January 1, 0000 4:50 PM ET Beneficient (NASDAQ:BENF ) Q1 2025 Earnings Conference Call August 14, 2024, 16:30 PM ET Company Participants Brad Heppner - CEO and Chairman Greg Ezell - CFO Dan Callahan - IR Conference Call Participants Operator Hello, and welcome to the Beneficent First Quarter Fiscal 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Beneficient (BENF) Q1 2025 Earnings Call Transcript

Maintained Cost-Efficient Operating Profile New Machine-Automated Pricing System Enhances Portfolio Growth Capabilities in Support of Multibillion Dollar Liquidity and Primary Capital Product Launch DALLAS, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) (“Ben” or the “Company”), a technology-enabled financial services holding company that provides liquidity and related trust and custody services to holders of alternative assets, today reported its financial results for the fiscal 2025 first quarter, which ended June 30, 2024. Commenting on the fiscal 2025 first quarter results, Beneficient management said: “Our financial results improved on a sequential basis resulting in our first profitable quarter as a public company.

Beneficient Reports Results For First Quarter Fiscal 2025

Beneficient announced Machine Automated Pricing System (“MAPS”), which incorporates Ben's formula-based pricing model for qualified fiduciary financings.

Beneficient Announces Enhanced AltAccess Platform With New Machine-Automated Pricing System

DALLAS, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) (“Ben” or the “Company”), a technology-enabled financial services holding company that provides liquidity, primary capital solutions and related trust and custody services to holders of alternative assets, announced that it will present at the Sidoti Micro-Cap Virtual Conference, which will take place virtually on August 14-15, 2024. The Company will present at 2:30 p.m.

Beneficient to Participate in the Sidoti Micro-Cap Conference on August 15, 2024

Beneficient announced that it will release its First Quarter Fiscal '25 financial results and webcast after market close on Wednesday, August 14, 2024

Beneficient Announces First Quarter Fiscal 2025 Earnings Release and Webcast

New York, New York--(Newsfile Corp. - August 6, 2024) - Beneficient (NASDAQ: BENF), a technology-enabled platform providing exit option solutions, primary capital solutions, and related trust and custody services to holders of alternative assets, today announced it has joined the B2i Digital family of featured companies. B2i Digital will leverage its targeted marketing expertise to increase awareness of Beneficient's unique position in the financial services sector and its mission to democratize the global alternative asset investment market.

Beneficient Joins B2i Digital Family of Featured Companies

Beneficient (NASDAQ:BENF ) Q4 2024 Earnings Conference Call July 9, 2024 8:30 AM ET Company Participants Dan Callahan - IR Brad Heppner - CEO and Chairman Greg Ezell - CFO Operator Good day and thank you for standing by. Welcome to Beneficient Company's Fourth Quarter Fiscal 2024 Earnings Conference Call and Webcast.

Beneficient (BENF) Q4 2024 Earnings Call Transcript

Beneficient will release Q4/Fiscal 2024 financial results before market open on Tues., July 9, 2024 and hold a webcast to present results at 8:30 a.m. EDT.

Beneficient Announces Rescheduled Fourth Quarter and Full Year Fiscal 2024 Earnings Release and Webcast

DALLAS, July 02, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) (“Ben” or the “Company”), a technology-enabled financial services holding company that provides liquidity, primary capital and related trust and custody services to holders of alternative asset, announced today the Securities and Exchange Commission (the “SEC”) has issued termination letters to the Company and its founder, Chairman and Chief Executive Officer, Mr. Brad Heppner, advising that the SEC has concluded the investigation and does not intend to recommend an enforcement action by the SEC under the previously issued Wells Notices.

Beneficient Announces Termination of SEC Investigation

Billing itself as a technology-enabled financial services firm, Beneficient (NASDAQ: BENF ) captured the spotlight on Wall Street with a dramatic 390% lift on Friday before paring down some of the massive return. Initially catapulting BENF stock was news about the company meeting Nasdaq's minimum price rule.

News for Beneficient Stock (BENF)