Brendan Michael McCarthy

Michael Kim

Aashi Shah

- Beneficient reported a **net income attributable to common shareholders of $51.162 million** for the fiscal year ended March 31, 2025, with **Class A diluted EPS of $0.06**.  **[1775734_0001775734-25-000020_q425earningsrelease.htm:9]** 
- The company's **GAAP operating loss for FY 2025 was $(24.185) million**, a significant improvement from **$(2,648.546) million** in FY 2024, primarily due to lower non-cash goodwill impairment.  **[1775734_0001775734-25-000020_q425earningsrelease.htm:4]** **[1775734_0001775734-25-000020_q425earningsrelease.htm:9]** 
- As of March 31, 2025, Beneficient had **$1.3 million in cash and cash equivalents** and **$117.9 million in debt**.  **[1775734_0001775734-25-000020_q425earningsrelease.htm:4]** **[1775734_0001775734-25-000020_q425earningsrelease.htm:10]** 
- Management stated that fiscal 2025 was a "turning point," marked by **streamlined operations, resolved legal issues, and a completed executive transition**, positioning the company to expand its Preferred Liquidity Provider and Primary Commitment programs.  **[1775734_0001775734-25-000020_q425earningsrelease.htm:0]**

Beneficient Reports Fiscal Year Ended March 31, 2025 Results

- On **September 9, 2025**, Beneficient was granted an extension by The Nasdaq Stock Market LLC to maintain its listing.  **[1775734_0001493152-25-013630_ex99-1.htm:0]** 
- The extension is conditional on the company filing its Annual Report on Form 10-K for the fiscal year ended **March 31, 2025**, and its Quarterly Report on Form 10-Q for the quarter ended **June 30, 2025**, and demonstrating compliance with the **$1.00 per share bid price requirement**.  **[1775734_0001493152-25-013630_ex99-1.htm:0]** 
- Beneficient plans to seek stockholder approval for a **reverse stock split** of its common stock to meet the bid price requirement if it has not regained compliance within the extension period.  **[1775734_0001493152-25-013630_ex99-1.htm:0]** **[1775734_0001493152-25-013630_form8-k.htm:2]**

Beneficient (BENF)