Piper Sandler Companies - Understand $pipr stock

$PIPR Market Cap: $4.736 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$1.452B

TTM

Gross Margin

98.06%

TTM

Net Earnings

$133.2M

TTM

Current Assets

$517.1M

Q2 2024

Current Liabilities

$579.3M

Q2 2024

Current Ratio

89.26%

Q2 2024

Total Assets

$1.920B

Q2 2024

Total Liabilities

$579.3M

Q2 2024

Book Value

$1.341B

Q2 2024

Cash

$320.9M

Q2 2024

P/E

35.57

Sep 13, 2024 EST

Free Cash Flow

$509.5M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000
Revenue	$1.358B	$1.435B	$2.042B	$1.253B	$846.3M	$757.5M	$843.9M	$769.9M	$696.3M	$673.2M	$550.2M	$508.0M	$452.8M	$514.7M	$486.9M	$346.9M	$528.1M	$537.4M	$453.8M	$456.6M	$806.2M	$763.4M	$880.0M	$1.147B
YoY Change	-5.37%	-29.71%	63.0%	48.02%	11.72%	-10.24%	9.61%	10.56%	3.43%	22.35%	8.3%	12.2%	-12.03%	5.71%	40.36%	-34.31%	-1.73%	18.42%	-0.61%	-43.36%	5.61%	-13.25%	-23.24%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000
Revenue	$1.358B	$1.435B	$2.042B	$1.253B	$846.3M	$757.5M	$843.9M	$769.9M	$696.3M	$673.2M	$550.2M	$508.0M	$452.8M	$514.7M	$486.9M	$346.9M	$528.1M	$537.4M	$453.8M	$456.6M	$806.2M	$763.4M	$880.0M	$1.147B
Cost Of Revenue	$30.12M	$29.67M	$27.27M	$33.40M	$21.90M	$24.60M	$28.40M	$30.20M	$31.20M	$32.70M	$33.30M	$27.10M	$29.60M	$46.10M	$30.00M	$33.30M	$38.40M	$45.60M	$47.30M	$36.40M	$42.30M	$60.40M	$101.3M	$148.0M
Gross Profit	$1.328B	$1.405B	$2.015B	$1.219B	$824.4M	$732.9M	$815.5M	$739.7M	$665.1M	$640.5M	$516.9M	$480.9M	$423.2M	$468.6M	$456.8M	$313.6M	$489.7M	$491.8M	$406.5M	$420.2M	$764.0M	$703.0M	$778.7M	$998.4M
Gross Profit Margin	97.78%	97.93%	98.66%	97.34%	97.41%	96.75%	96.64%	96.08%	95.52%	95.14%	93.94%	94.66%	93.46%	91.04%	93.82%	90.4%	92.73%	91.51%	89.58%	92.03%	94.77%	92.09%	88.49%	87.08%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000
Selling, General & Admin	$1.104B	$1.179B	$1.460B	$1.017B	$639.3M	$606.7M	$703.7M	$638.3M	$534.9M	$504.5M	$418.4M	$385.3M	$359.2M	$384.8M	$382.3M	$374.0M	$448.3M	$464.5M	$348.3M	$354.3M	$683.5M	$635.3M	$742.6M	$884.0M
YoY Change	-6.38%	-19.28%	43.6%	59.08%	5.37%	-13.78%	10.25%	19.33%	6.03%	20.58%	8.59%	7.27%	-6.65%	0.65%	2.22%	-16.57%	-3.49%	33.36%	-1.69%	-48.16%	7.59%	-14.45%	-16.0%
% of Gross Profit	83.1%	83.87%	72.49%	83.41%	77.55%	82.78%	86.29%	86.29%	80.42%	78.77%	80.94%	80.12%	84.88%	82.12%	83.69%	119.26%	91.55%	94.45%	85.68%	84.32%	89.46%	90.37%	95.36%	88.54%
Research & Development	$52.72M	$50.57M	$44.01M	$44.36M	$30.76M	$28.66M	$26.43M	$29.63M	$23.76M	$22.73M	$21.43M	$20.54M	$22.12M	$22.83M
YoY Change	4.26%	14.9%	-0.79%	44.21%	7.34%	8.42%	-10.79%	24.68%	4.53%	6.07%	4.32%	-7.13%	-3.11%
% of Gross Profit	3.97%	3.6%	2.18%	3.64%	3.73%	3.91%	3.24%	4.01%	3.57%	3.55%	4.15%	4.27%	5.23%	4.87%
Depreciation & Amortization	$19.44M	$15.60M	$12.60M	$10.70M	$9.300M	$8.100M	$7.000M	$6.400M	$5.100M	$5.300M	$5.600M	$6.500M	$6.600M	$6.700M	$9.700M	$11.60M	$11.40M	$14.20M	$19.70M	$21.50M	$19.00M	$20.80M	$20.40M	$20.10M
YoY Change	24.62%	23.81%	17.76%	15.05%	14.81%	15.71%	9.38%	25.49%	-3.77%	-5.36%	-13.85%	-1.52%	-1.49%	-30.93%	-16.38%	1.75%	-19.72%	-27.92%	-8.37%	13.16%	-8.65%	1.96%	1.49%
% of Gross Profit	1.46%	1.11%	0.63%	0.88%	1.13%	1.11%	0.86%	0.87%	0.77%	0.83%	1.08%	1.35%	1.56%	1.43%	2.12%	3.7%	2.33%	2.89%	4.85%	5.12%	2.49%	2.96%	2.62%	2.01%
Operating Expenses	$1.198B	$50.57M	$44.01M	$44.36M	$30.76M	$28.66M	$26.43M	$29.63M	$23.76M	$22.73M	$21.43M	$20.54M	$22.12M	$22.83M	$396.7M	$388.8M	$459.2M	$458.4M	$361.9M	$371.2M	$723.1M	$657.7M	$785.8M	$949.3M
YoY Change	2268.56%	14.9%	-0.79%	44.21%	7.34%	8.42%	-10.79%	24.68%	4.53%	6.07%	4.32%	-7.13%	-3.11%	-94.24%	2.03%	-15.33%	0.17%	26.66%	-2.51%	-48.67%	9.94%	-16.3%	-17.22%
Operating Profit	$130.3M	$1.355B	$1.971B	$1.175B	$793.6M	$704.2M	$789.1M	$710.1M	$641.3M	$617.8M	$495.5M	$460.4M	$401.1M	$445.8M	$60.10M	-$75.20M	$30.50M	$33.40M	$44.60M	$49.00M	$40.90M	$45.30M	-$7.100M	$49.10M
YoY Change	-90.38%	-31.24%	67.71%	48.04%	12.69%	-10.75%	11.13%	10.72%	3.82%	24.68%	7.63%	14.78%	-10.03%	641.71%	-179.92%	-346.56%	-8.68%	-25.11%	-8.98%	19.8%	-9.71%	-738.03%	-114.46%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2013	2012	2011
Interest Expense	$0.00	$0.00	-$100.0K
YoY Change		-100.0%
% of Operating Profit	0.0%	0.0%	-0.02%
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000
Pretax Income	$122.6M	$134.4M	$441.5M	$68.55M	$119.0M	$72.49M	$79.32M	-$30.87M	$86.42M	$110.3M	$75.61M	$69.01M	-$80.19M	$53.82M	$56.60M	-$223.6M	$30.40M	$33.30M	$36.00M	$49.00M	$40.90M	$4.800M	-$72.80M	$40.30M
YoY Change	-8.77%	-69.57%	544.09%	-42.39%	64.13%	-8.61%	-356.9%	-135.72%	-21.66%	45.89%	9.57%	-186.06%	-249.0%	-4.92%	-125.31%	-835.53%	-8.71%	-7.5%	-26.53%	19.8%	752.08%	-106.59%	-280.65%
Income Tax	$23.61M	$33.19M	$111.1M	$19.19M	$24.58M	$18.05M	$53.81M	-$17.13M	$27.94M	$35.99M	$20.39M	$19.47M	$9.120M	$32.16M	$26.20M	-$40.10M	$5.800M	$10.20M	$10.90M	$16.70M	$14.90M	$4.700M	-$22.80M	$19.60M
% Of Pretax Income	19.26%	24.7%	25.17%	28.0%	20.66%	24.89%	67.84%		32.33%	32.62%	26.97%	28.21%		59.76%	46.29%		19.08%	30.63%	30.28%	34.08%	36.43%	97.92%		48.64%
Net Earnings	$85.49M	$110.7M	$278.5M	$40.50M	$111.7M	$57.04M	-$61.94M	-$21.95M	$52.08M	$63.17M	$45.09M	$41.27M	-$102.0M	$24.36M	$30.40M	-$183.0M	$19.80M	$195.4M	$40.10M	$50.30M	$26.00M	$100.0K	-$50.10M	$20.70M
YoY Change	-22.75%	-60.26%	587.62%	-63.74%	95.86%	-192.08%	182.16%	-142.15%	-17.57%	40.1%	9.26%	-140.45%	-518.77%	-19.86%	-116.61%	-1024.24%	-89.87%	387.28%	-20.28%	93.46%	25900.0%	-100.2%	-342.03%
Net Earnings / Revenue	6.29%	7.71%	13.64%	3.23%	13.2%	7.53%	-7.34%	-2.85%	7.48%	9.38%	8.19%	8.12%	-22.53%	4.73%	6.24%	-52.75%	3.75%	36.36%	8.84%	11.02%	3.23%	0.01%	-5.69%	1.81%
Basic Earnings Per Share	$5.72	$7.92	$19.52	$2.94	$7.90	$3.78	-$5.07	-$1.73	$3.34	$3.88	$2.70	$2.26	-$6.51	$1.23
Diluted Earnings Per Share	$4.96	$6.52	$16.43	$2.72	$7.69	$3.72	-$4.99	-$1.73	$3.34	$3.87	$2.70	$2.26	-$6.51	$1.23	$1.900M	-$11.55	$1.193M	$10.07M	$2.099M	$2.593M	$1.354M	$5.208K	-$2.596M	$1.073M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001
Cash & Short-Term Investments	$383.1M	$365.6M	$971.0M	$507.9M	$250.0M	$50.40M	$33.80M	$41.40M	$189.9M	$15.90M	$123.7M	$105.4M	$110.0M	$77.60M	$52.90M	$69.90M	$150.3M	$64.90M	$60.90M	$67.40M	$150.4M	$32.60M	$27.70M
YoY Change	4.78%	-62.34%	91.17%	103.16%	396.03%	49.11%	-18.36%	-78.2%	1094.34%	-87.15%	17.36%	-4.18%	41.75%	46.69%	-24.32%	-53.49%	131.59%	6.57%	-9.64%	-55.19%	361.35%	17.69%
Cash & Equivalents	$383.1M	$365.6M	$971.0M	$507.9M	$250.0M	$50.40M	$33.80M	$41.40M	$189.9M	$15.90M	$123.7M	$105.4M	$110.0M	$77.60M	$52.90M	$69.90M	$150.3M	$64.90M	$60.90M	$67.40M	$150.4M	$32.60M	$27.70M
Short-Term Investments
Other Short-Term Assets	$22.40M	$18.66M	$18.99M	$14.60M	$10.70M	$9.500M	$6.800M	$6.400M	$6.200M	$6.100M	$5.200M	$3.800M		$8.900M	$5.800M	$5.800M
YoY Change	20.0%	-1.71%	30.06%	36.45%	12.63%	39.71%	6.25%	3.23%	1.64%	17.31%	36.84%			53.45%	0.0%
Inventory
Prepaid Expenses
Receivables	$208.3M	$296.9M	$250.8M	$218.2M	$279.6M	$231.9M	$132.3M	$99.50M	$120.9M	$102.7M	$130.1M	$160.2M	$117.8M	$207.0M	$315.9M	$161.3M	$212.0M	$364.3M	$353.5M	$969.9M	$702.0M	$691.5M	$1.102B
Other Receivables	$37.39M	$46.21M	$54.75M	$42.10M	$24.70M	$26.50M	$24.80M	$35.30M	$24.50M	$34.40M	$43.10M	$32.50M	$40.00M	$54.10M	$33.90M	$72.30M	$38.20M	$39.40M	$24.60M	$31.80M	$37.00M	$72.00M	$118.2M
Total Short-Term Assets	$651.2M	$727.4M	$1.295B	$782.8M	$565.0M	$318.3M	$197.7M	$182.6M	$341.5M	$159.1M	$302.1M	$301.9M	$267.8M	$347.6M	$408.5M	$309.3M	$400.5M	$468.6M	$439.0M	$1.069B	$889.4M	$796.1M	$1.248B
YoY Change	-10.47%	-43.85%	65.49%	38.55%	77.51%	61.0%	8.27%	-46.53%	114.64%	-47.34%	0.07%	12.73%	-22.96%	-14.91%	32.07%	-22.77%	-14.53%	6.74%	-58.94%	20.2%	11.72%	-36.19%
Property, Plant & Equipment	$130.2M	$156.0M	$123.1M	$126.4M	$69.90M	$32.60M	$25.20M	$25.30M	$19.00M	$18.20M	$16.10M	$15.10M	$21.50M	$21.50M	$16.60M	$20.00M	$27.20M	$25.30M	$41.80M	$54.00M	$60.80M	$69.10M	$84.10M
YoY Change	-16.54%	26.68%	-2.61%	80.83%	114.42%	29.37%	-0.4%	33.16%	4.4%	13.04%	6.62%	-29.77%	0.0%	29.52%	-17.0%	-26.47%	7.51%	-39.47%	-22.59%	-11.18%	-12.01%	-17.84%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$298.0M	$285.7M	$252.0M	$183.2M	$158.1M	$152.0M	$185.4M	$460.5M	$362.9M	$492.6M	$279.9M	$231.2M	$191.2M	$343.9M	$219.6M	$234.3M	$133.1M	$221.3M	$804.5M	$1.017B	$699.1M	$366.2M	$905.0M
YoY Change	4.31%	13.36%	37.58%	15.88%	4.01%	-18.02%	-59.74%	26.89%	-26.33%	75.99%	21.06%	20.92%	-44.4%	56.6%	-6.27%	76.03%	-39.86%	-72.49%	-20.89%	45.47%	90.91%	-59.54%
Other Assets	$613.8M	$531.0M	$507.2M	$505.8M	$498.7M	$547.5M	$1.245B	$853.9M	$645.3M	$1.208B	$1.048B	$1.250B	$808.9M	$936.3M	$880.0M	$580.3M	$743.0M	$815.3M	$236.6M	$290.5M	$332.1M	$393.6M
YoY Change	15.59%	4.69%	0.27%	1.42%	-8.91%	-56.03%	45.83%	32.33%	-46.59%	15.29%	-16.15%	54.52%	-13.61%	6.4%	51.65%	-21.9%	-8.87%	244.59%	-18.55%	-12.53%	-15.63%
Total Long-Term Assets	$1.490B	$1.454B	$1.270B	$1.214B	$1.064B	$1.027B	$1.827B	$1.943B	$1.797B	$2.465B	$2.016B	$1.786B	$1.388B	$1.686B	$1.295B	$1.011B	$1.360B	$1.408B	$1.915B	$1.759B	$1.491B	$1.246B	$1.498B
YoY Change	2.45%	14.52%	4.57%	14.16%	3.57%	-43.79%	-5.97%	8.12%	-27.09%	22.26%	12.9%	28.67%	-17.69%	30.23%	28.08%	-25.64%	-3.45%	-26.48%	8.87%	17.97%	19.7%	-16.82%
Total Assets	$2.141B	$2.182B	$2.565B	$1.997B	$1.629B	$1.345B	$2.025B	$2.126B	$2.139B	$2.624B	$2.318B	$2.088B	$1.656B	$2.034B	$1.703B	$1.320B	$1.760B	$1.877B	$2.354B	$2.828B	$2.381B	$2.042B	$2.746B
YoY Change
Accounts Payable						$4.700M	$800.0K	$62.20M	$79.40M	$32.00M	$49.00M	$79.90M	$64.80M	$70.30M	$120.0M	$48.60M	$122.4M	$308.7M	$386.7M	$539.6M	$514.8M	$418.2M	$660.0M
YoY Change						487.5%	-98.71%	-21.66%	148.13%	-34.69%	-38.67%	23.3%	-7.82%	-41.42%	146.91%	-60.29%	-60.35%	-20.17%	-28.34%	4.82%	23.1%	-36.64%
Accrued Expenses	$661.6M	$737.1M	$1.072B	$706.4M	$404.3M	$378.8M	$449.9M	$330.8M	$314.5M	$272.0M	$218.3M	$185.3M	$143.0M	$221.1M	$222.7M	$177.0M	$270.5M	$304.2M	$309.7M	$324.3M	$285.9M	$261.1M	$323.6M
YoY Change	-10.25%	-31.21%	51.69%	74.72%	6.73%	-15.8%	36.0%	5.18%	15.63%	24.6%	17.81%	29.58%	-35.32%	-0.72%	25.82%	-34.57%	-11.08%	-1.78%	-4.5%	13.43%	9.5%	-19.31%
Deferred Revenue
YoY Change
Short-Term Debt	$179.0M	$60.84M	$128.7M	$0.00	$0.00	$0.00	$0.00	$15.00M	$45.30M	$102.6M	$4.400M	$50.00M	$277.8M	$433.5M	$246.2M	$115.4M	$247.2M	$91.30M	$245.8M	$312.3M	$337.7M	$365.8M	$710.9M
YoY Change	194.2%	-52.73%					-100.0%	-66.89%	-55.85%	2231.82%	-91.2%	-82.0%	-35.92%	76.08%	113.34%	-53.32%	170.76%	-62.86%	-21.29%	-7.52%	-7.68%	-48.54%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$841.5M	$802.5M	$1.213B	$725.0M	$411.8M	$387.4M	$469.3M	$416.0M	$445.3M	$413.5M	$283.6M	$337.5M	$485.6M	$724.9M	$588.9M	$341.0M	$640.1M	$704.2M	$942.2M	$1.176B	$1.138B	$1.045B	$1.706B
YoY Change	4.86%	-33.86%	67.37%	76.06%	6.3%	-17.45%	12.81%	-6.58%	7.69%	45.8%	-15.97%	-30.5%	-33.01%	23.09%	72.7%	-46.73%	-9.1%	-25.26%	-19.89%	3.32%	8.93%	-38.75%
Long-Term Debt	$0.00	$125.0M	$125.0M	$195.0M	$225.0M	$50.00M	$414.9M	$593.8M	$621.2M	$502.8M	$639.7M	$602.0M	$115.0M	$125.0M	$0.00	$0.00	$0.00	$0.00	$180.0M	$180.0M	$180.0M	$215.0M	$475.0M
YoY Change	-100.0%	0.0%	-35.9%	-13.33%	350.0%	-87.95%	-30.13%	-4.41%	23.55%	-21.4%	6.26%	423.48%	-8.0%					-100.0%	0.0%	0.0%	-16.28%	-54.74%
Other Long-Term Liabilities				$151.0M	$185.4M	$177.4M	$399.2M	$299.4M	$239.2M	$738.1M	$512.8M	$358.1M	$304.5M	$365.7M	$335.8M	$231.2M	$224.7M	$267.6M	$477.2M	$746.6M	$392.5M	$172.0M	$185.4M
YoY Change				-18.55%	4.51%	-55.56%	33.33%	25.17%	-67.59%	43.94%	43.2%	17.6%	-16.74%	8.9%	45.24%	2.89%	-16.03%	-43.92%	-36.08%	90.22%	128.2%	-7.23%
Total Long-Term Liabilities	$0.00	$125.0M	$125.0M	$346.0M	$410.4M	$227.4M	$814.1M	$893.2M	$860.4M	$1.241B	$1.153B	$960.1M	$419.5M	$490.7M	$335.8M	$231.2M	$224.7M	$267.6M	$657.2M	$926.6M	$572.5M	$387.0M	$660.4M
YoY Change	-100.0%	0.0%	-63.87%	-15.69%	80.47%	-72.07%	-8.86%	3.81%	-30.66%	7.67%	20.04%	128.87%	-14.51%	46.13%	45.24%	2.89%	-16.03%	-59.28%	-29.07%	61.85%	47.93%	-41.4%
Total Liabilities	$1.055B	$1.127B	$1.503B	$1.168B	$897.4M	$667.8M	$1.331B	$1.366B	$1.355B	$1.804B	$1.584B	$1.354B	$937.3M	$1.221B	$924.7M	$572.2M	$864.8M	$971.8M	$1.599B	$2.103B	$1.711B	$1.432B	$2.367B
YoY Change	-6.39%	-24.99%	28.72%	30.12%	34.38%	-49.84%	-2.55%	0.84%	-24.89%	13.92%	16.92%	44.5%	-23.2%	31.99%	61.6%	-33.83%	-11.01%	-39.24%	-23.94%	22.91%	19.47%	-39.49%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2008
Basic Shares Outstanding	14.96M shares	13.98M shares	14.27M shares	13.78M shares	13.56M shares	13.23M shares	12.81M shares	12.67M shares	14.37M shares	14.97M shares	15.05M shares	15.62M shares	15.67M shares	15.35M shares
Diluted Shares Outstanding	17.22M shares	16.97M shares	16.96M shares	14.90M shares	13.94M shares	13.43M shares	12.98M shares	12.78M shares	14.39M shares	15.03M shares	15.06M shares	15.62M shares	15.67M shares	15.38M shares	15.84M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $4.7364 Billion

About Piper Sandler Companies

Piper Sandler Cos. engages in the provision of investment banking and institutional securities services. The company is headquartered in Minneapolis, Minnesota and currently employs 1,725 full-time employees. The company went IPO on 2003-12-19. The firm provides a set of products and services, including financial advisory services, equity and debt capital markets products, public finance services, institutional brokerage services, fundamental equity and macro research services, fixed income services, and alternative asset management strategies. The company provides investment banking services, institutional sales and trading services for various equity and fixed income products, and research services. For its corporate clients and financial sponsors, the Company provides advisory services, which includes mergers and acquisitions (M&A), equity and debt private placements, and debt and restructuring advisory. The company also helps raise capital through equity and debt financing.

Industry: Security Brokers, Dealers & Flotation Companies Peers: B Riley Financial Inc Bgc Group Inc Freedom Holding Corp Morgan Stanley Evercore Inc Houlihan Lokey Inc StoneX Group Inc Moelis & Co PJT Partners Inc Virtu Financial Inc