Beneficient (BENF)

Beneficient Company Group, L.L.C. • Beneficient Company Holdings, L.P. • Beneficient Financing, L.L.C. • The Beneficient Company Group • Ben Liquidity, L.L.C. • Beneficient Fiduciary Financial, L.L.C. • Beneficient Capital Lending, L.L.C. • Ben Custody, L.L.C. • Beneficient Administration and Clearing Company, L.L.C. • Ben Insurance, L.L.C. ...

IRS number

721573705

BENF stock data

1M 3M 6M 1Y

Latest filings (excl ownership)

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8-K

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard

17 Jan 25

$1.36 mm in equity / securities to be acquired, sold $1.36 mm, 1 investor

15 Jan 25

DEFA14A

Additional proxy soliciting materials

6 Jan 25

424B3

Prospectus supplement

6 Jan 25

8-K

Unregistered Sales of Equity Securities

6 Jan 25

424B3

Prospectus supplement

23 Dec 24

DEFA14A

Additional proxy soliciting materials

23 Dec 24

8-K

Entry into a Material Definitive Agreement

23 Dec 24

424B3

Prospectus supplement

6 Dec 24

8-K

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

5 Dec 24

Transcripts

BENF

Earnings call transcript

2025 Q2

15 Nov 24

Latest ownership filings

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Financial summary

Financial statements Chart BENF financial data

Quarter (USD)	Sep 24	Jun 24	Mar 24	Dec 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Mar 24	Mar 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	4.80 mm	4.80 mm	4.80 mm	4.80 mm	4.80 mm	4.80 mm
Cash burn (monthly)	(no burn)	(no burn)	4.57 mm	90.75 mm	2.87 mm	4.18 mm
Cash used (since last report)	n/a	n/a	17.05 mm	338.45 mm	10.71 mm	15.58 mm
Cash remaining	n/a	n/a	-12.25 mm	-333.66 mm	-5.91 mm	-10.78 mm
Runway (months of cash)	n/a	n/a	-2.7	-3.7	-2.1	-2.6

Beta Read what these cash burn values mean

Financial data from Beneficient earnings reports.

Institutional ownership, Q3 2024

BENF institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	22	15	+46.7%
Opened positions	14	1	+1300.0%
Closed positions	7	10	-30.0%
Increased positions	2	1	+100.0%
Reduced positions	3	10	-70.0%

13F shares	Current	Prev Q	Change
Total value	398.35 mm	1.66 bn	-76.0%
Total shares	43.58 mm	42.46 mm	+2.6%
Total puts	0.00	0.00
Total calls	487.50 k	0.00	NEW
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
YA II PN	20.97 mm	$57.46 mm	0.0%
Heppner Brad K	17.72 mm	$159.48 mm	0.0%
Hicks Thomas O	1.32 mm	$967.00 k	0.0%
MMCAP International Inc. SPC	750.00 k	$6.45 mm	NEW
Yakira Capital Management	750.00 k	$6.45 mm	NEW
GWG Wind Down Trust	536.48 k	$848.00 k	-70.0%
Exos Asset Management	366.80 k	$3.15 mm	NEW
Hudson Bay Capital Management	300.00 k	$2.58 mm	NEW
Cangany Peter T JR	275.00 k	$338.00 k	NEW
Calamos Advisors	187.50 k	$1.35 mm	NEW

Largest transactions	Shares	Bought/sold	Change
GWG Wind Down Trust	536.48 k	-1.25 mm	-70.0%
MMCAP International Inc. SPC	750.00 k	+750.00 k	NEW
Yakira Capital Management	750.00 k	+750.00 k	NEW
Hatteras Funds	0.00	-562.75 k	EXIT
Exos Asset Management	366.80 k	+366.80 k	NEW
Hudson Bay Capital Management	300.00 k	+300.00 k	NEW
Cangany Peter T JR	275.00 k	+275.00 k	NEW
Calamos Advisors	187.50 k	+187.50 k	NEW
Periscope Capital	150.00 k	+150.00 k	NEW
Crystalline Management	86.25 k	+86.25 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

BENF insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
16 Jan 25	Jeff Welday	Class A Common Stock	Grant	Acquire A	No	No	0	1,670	0.00	152,280
14 Jan 25	Jeff Welday	Class A Common Stock	Grant	Acquire A	No	No	0	61,592	0.00	150,610
23 Dec 24	Jeff Welday	Class A Common Stock	Sell	Dispose S	No	No	0.65	3,364	2.19 k	89,018
20 Dec 24	Jeff Welday	Class A Common Stock	Sell	Dispose S	No	No	0.67	1,241	831.47	92,382
19 Dec 24	Jeff Welday	Class A Common Stock	Sell	Dispose S	No	No	0.7	896	627.20	93,623
18 Dec 24	Jeff Welday	Class A Common Stock	Sell	Dispose S	No	No	0.74	807	597.18	94,519
17 Dec 24	Jeff Welday	Class A Common Stock	Sell	Dispose S	No	No	0.75	1,055	791.25	95,326
16 Dec 24	Jeff Welday	Class A Common Stock	Sell	Dispose S	No	No	0.81	1,120	907.20	96,381
13 Dec 24	Jeff Welday	Class A Common Stock	Sell	Dispose S	No	No	0.8	455	364.00	97,501
12 Dec 24	Jeff Welday	Class A Common Stock	Sell	Dispose S	No	No	0.79	905	714.95	97,956