RIVERNORTH OPPORTUNITIES FUND, INC. (RIV)
RiverNorth Opportunities Fund, Inc. is a close ended equity mutual fund co- launched and co- managed by ALPS Advisors, Inc. and RiverNorth Capital Management, LLC. It invests in the equity markets. The fund seeks to invest in stocks of companies operating across the diversified sectors. RiverNorth Opportunities Fund, Inc. was formed on December 24, 2015 and is domiciled in the United States.
Industry: Asset Management
RiverNorth Opportunities Fund, Inc.
NYSE:RIVFinancial Services · Asset Management
-0.10%$9.89
AH Close$9.89+0.00%vs close
AH Close$9.89+0.00%vs close
Mkt Cap$303.9M
Float20.37M
O/S30.73M
Inst Own32.3%
SI0.3%
Div Yield15.79%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$41.55M
Net Income$37.18M
Total Assets$451.49M
Debt & Equity
Debt 4%
Equity 78%
Preferred 18%
Total Debt$21.16M
Total Equity$427.95M
Preferred Stock$97.75M
Shares Outstanding
Short Interest
Split History2 splits
- 1.0:1Forward splitAug 31, 20261 share → 1.0
- 3:1Forward splitMar 14, 20051 share → 3
Balance Sheet Details
Assets$451.49M
Liabilities$23.54M
Accounts Receivable$3.32M
Accounts Payable$1.82M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-07-31 | 2022-07-31 | 2021-07-31 | 2020-07-31 |
| Revenue | $41.55M | $42.86M | $44.13M | $13.74M | $8.36M | $33.38M | $3.65M |
| YoY Growth | -3.1% | -2.9% | 221.2% | 64.3% | -74.9% | 813.4% | - |
| Cost of Revenue | $5.97M | $5.38M | $5.33M | $5.58M | $4.35M | $2.96M | $2.5M |
| Gross Profit | $35.58M | $36.29M | $44.13M | $8.15M | $4.01M | $30.42M | $1.15M |
| Gross Margin | 85.6% | 84.7% | 100.0% | 59.4% | 48.0% | 91.1% | 31.6% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $132K | $346K | $246K | -$10.45M | $21.32M | -$12.38M | $3.01M |
| Other | -$1.74M | $417K | $546K | $0 | $0 | $0 | $0 |
| Total Operating Expenses | -$1.6M | $763K | $791K | -$10.45M | $21.32M | -$12.38M | $3.01M |
| Operating Income (EBIT) | $37.18M | $35.53M | $47.08M | $18.6M | -$17.31M | $42.8M | -$1.85M |
| Operating Margin | 89.5% | 82.9% | 106.7% | 135.4% | -206.9% | 128.2% | -50.7% |
| Interest Expense | $0 | $0 | $0 | $0 | $166K | $17K | $0 |
| Interest Income | $15.25M | $4.19M | $5.51M | $4.57M | $577K | $543K | $0 |
| Other Income (Expense) | $0 | $0 | $0 | $0 | -$166K | -$26K | -$92K |
| Income Before Tax (EBT) | $37.18M | $35.53M | $43.34M | $18.6M | -$17.47M | $42.77M | -$1.94M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | $37.18M | $35.53M | $43.34M | $18.6M | -$17.47M | $42.77M | -$1.94M |
| Net Income Margin | 89.5% | 82.9% | 98.2% | 135.4% | -208.9% | 128.2% | -53.2% |
| Supplementary Data | |||||||
| EPS | 1.14 | 1.38 | 1.92 | 0.87 | -0.95 | 3.41 | -0.21 |
| Diluted EPS | 1.14 | 1.38 | 1.92 | 0.87 | -0.95 | 3.41 | -0.21 |
| Weighted Average OS | 27.37M | 21.47M | 21.45M | 21.45M | 18.47M | 12.56M | 9.44M |
| EBITDA | $37.18M | $35.53M | $47.08M | $18.6M | -$17.31M | $42.8M | -$1.85M |
| EBITDA Margin | 89.5% | 82.9% | 106.7% | 135.4% | -206.9% | 128.2% | -50.7% |
Balance Sheet
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-07-31 | 2022-07-31 | 2021-07-31 | 2020-07-31 |
| Assets | |||||||
| Current Assets | |||||||
| Cash and Cash Equivalents | $1.49M | $537K | $272K | $109K | $235K | $25.79M | $162K |
| Short-Term Investments | $25.62M | $35.37M | $39.64M | $75.3M | $56.44M | $39.57M | $22.74M |
| Cash and Short-Term Investments | $27.11M | $35.9M | $272K | $75.4M | $235K | $39.57M | $22.9M |
| Accounts Receivable | $3.32M | $3.18M | $2.05M | $6.04M | $3.37M | $1.5M | $542K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | -$35.37M | -$41.96M | -$81.44M | -$60.04M | -$13.77M | -$23.44M |
| Total Current Assets | $30.44M | $3.71M | $2.33M | $0 | $3.63M | $27.3M | $0 |
| Long-Term Assets | |||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $420.69M | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $364K | $378.04M | $406.58M | $0 | $384.01M | $214.86M | $0 |
| Total Long-Term Assets | $421.05M | $378.04M | $406.58M | $406.08M | $384.01M | $214.86M | $0 |
| Other Assets | $0 | $0 | $0 | $406.18M | $0 | $0 | $162.95M |
| Total Assets | $451.49M | $381.75M | $408.91M | $406.18M | $387.64M | $242.16M | $162.95M |
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts Payable | $1.82M | $1.68M | $2.34M | $2.94M | $1.9M | $2.13M | $0 |
| Short-Term Debt | $6.16M | $13.24M | $36.6M | $40.93M | $38.66M | $27.99M | $22.05M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | -$2.37M | -$13.24M | $2.75M | -$40.93M | $2.54M | -$27.99M | -$22.05M |
| Total Current Liabilities | $6.16M | $1.68M | $2.34M | $0 | $1.9M | $2.13M | $0 |
| Long-Term Liabilities | |||||||
| Long-Term Debt | $15M | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $2.37M | $13.65M | $37M | $40.93M | $39.29M | $28.32M | $0 |
| Total Long-Term Liabilities | $17.37M | $13.65M | $37M | $40.93M | $39.29M | $28.32M | $0 |
| Other Liabilities | $0 | $0 | $0 | $44.28M | $0 | $0 | $23.78M |
| Total Liabilities | $23.54M | $15.33M | $39.34M | $44.28M | $41.2M | $30.45M | $23.78M |
| Stockholders' Equity | |||||||
| Preferred Stock | $97.75M | $97.75M | $97.75M | $97.75M | $97.75M | $0 | $0 |
| Common Stock | $310.83M | $248.29M | $265.49M | $282.02M | $268.86M | $197.01M | $145.58M |
| Retained Earnings | $19.37M | $20.38M | $6.33M | -$17.87M | -$20.17M | $14.7M | -$6.42M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $97.75M | $97.75M | $97.75M | $97.75M | $97.75M | $0 | $0 |
| Total Equity | $427.95M | $366.42M | $369.57M | $361.9M | $346.44M | $211.71M | $139.17M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $451.49M | $381.75M | $408.91M | $406.18M | $387.64M | $242.16M | $162.95M |
| Supplementary Data | |||||||
| Total Debt | $21.16M | $13.24M | $36.6M | $40.93M | $38.66M | $27.99M | $22.05M |
| Net Debt | $19.67M | $12.7M | -$272K | $40.82M | -$235K | $27.99M | $21.89M |
Cash Flow Statement
No cash flow data available.