0001104659-26-062580
SEC filingRevenue slightly declined to $48.7M, but net income surged 84% to $1.9M, driven by higher trailing commissions and lower expenses.
We have established liquidity policies intended to support the execution of strategic initiatives, while meeting regulatory capital requirements and maintaining ongoing and sufficient liquidity. Through our indirectly wholly owned subsidiary BMS, we consider our primary sources of liquidity to be dividends and management fees from our operating subsidiaries. The objective of our policies is to ensure that we can meet our strategic, operational and regulatory liquidity and capital requirements under both normal operating conditions and under periods of stress in the financial markets. The condensed consolidated financial statements have been prepared assuming that we will continue as a going concern.