Binah Capital Group Inc. reported its first-quarter 2025 results, highlighting an 18% year-over-year increase in total revenue, reaching $49 million. The company achieved a net income of $1 million, a significant improvement from the GAAP net loss of $1.6 million recorded in the same period last year. EBITDA also saw a notable rise, increasing to $2.2 million from $0.0 million in the prior-year period, driven by higher revenue growth and a reduction in expenses. The company reported a 3% year-over-year growth in assets under management, totaling $26 billion. Gross profit for the first quarter amounted to $8.6 million, up from $7.8 million in the previous year, while total operating expenses decreased to $7 million from $10 million, largely due to the absence of prior-year costs related to a business combination. A significant operational update included the acquisition of Bleakley Financial Group, enhancing Binah's open-architecture platform. The company also strengthened its leadership team with the appointment of Ryan Marcus as the Chief Business Development and Engagement Officer. The management expressed optimism about navigating the current macro environment, emphasizing the company's resilient and differentiated platform as a driver for long-term shareholder value.