Financial Services -
Financial - Capital Markets - NASDAQ - US
$ 1.99
-0.5 %
$ 70.6 M
Market Cap
14.21
P/E
1. INTRINSIC VALUE
Balance Sheet
Heritage Global Inc.
| Current Assets | 33.1 M |
| Cash & Short-Term Investments | 21.7 M |
| Receivables | 4.98 M |
| Other Current Assets | 6.4 M |
| Non-Current Assets | 48.2 M |
| Long-Term Investments | 20.9 M |
| PP&E | 3.85 M |
| Other Non-Current Assets | 23.4 M |
| Current Liabilities | 14.6 M |
| Accounts Payable | 7.42 M |
| Short-Term Debt | 1.2 M |
| Other Current Liabilities | 5.98 M |
| Non-Current Liabilities | 1.51 M |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 1.51 M |
EFFICIENCY
Earnings Waterfall
Heritage Global Inc.
| Revenue | 45.4 M |
| Cost Of Revenue | 31.1 M |
| Gross Profit | 14.2 M |
| Operating Expenses | 5.15 M |
| Operating Income | 9.07 M |
| Other Expenses | 3.88 M |
| Net Income | 5.18 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Heritage Global Inc.
| Net Income | 5.18 M |
| Depreciation & Amortization | 567 K |
| Capital Expenditures | -137 K |
| Stock-Based Compensation | 1.25 M |
| Change in Working Capital | 0 |
| Others | -2.36 M |
| Free Cash Flow | 7.61 M |
Wall Street Analysts Price Targets
Heritage Global Inc.
HGBL has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
HGBL does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Heritage Global Inc.
Sold
0-3 MONTHS
97.6 K USD 1
3-6 MONTHS
186 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Heritage Global to Announce First Quarter 2025 Results and Host Webcast on Thursday, May 8, 2025
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today announced that the Company will release its first quarter 2025 financial results after the market closes on Thursday, May 8, 2025. Webcast and Earnings Conference Call Management will host a webcast and conference call on Thursday, May 8, 2025, at 5:00 p.m. ET to discuss financial results for the.
businesswire.com
- 1 month ago
Heritage Global Capital Appoints Anastasia Suda Executive Managing Director to Lead Specialty Lending Division
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Capital (“HGC”), a subsidiary of Heritage Global Inc. (Nasdaq: HGBL), specializing in flexible funding structures for the Accounts Receivable Management “ARM” industry, today announced the appointment of Anastasia Suda as Executive Managing Director, to lead the Company's specialty lending division. Anastasia Suda joined HGC in 2021 as Finance Manager and has over 22 years of experience in financial market research, corporate governance, and strategic.
businesswire.com
- 2 months ago
Heritage Global Inc. (HGBL) Q4 2024 Earnings Call Transcript
Heritage Global Inc. (NASDAQ:HGBL ) Q4 2024 Results Conference Call March 13, 2025 5:00 PM ET Company Participants John Nesbett - IR, IMS IR Ross Dove - CEO Brian Cobb - CFO Conference Call Participants Mark Argento - Lake Street Capital Markets George Sutton - Craig Hallum Gregory Fortinoff - Sixty Squared LLC David Marsh - Singular Research Operator Good day, everyone, and welcome to today's Heritage Global Inc. Fourth Quarter and Full Year 2024 Earnings Call. At this time, all participants are in a listen-only mode.
seekingalpha.com
- 2 months ago
Heritage Global Inc. Reports Fourth Quarter and Year-End 2024 Results
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today reported financial results for the fourth quarter and year ended December 31, 2024. Fourth Quarter and Year-End 2024 Summary of Financial Results (unaudited): ($ in thousands, except per share amounts) Three Months Ended December 31, Year Ended December 31, 2024 2023 2024 2023 Operating income.
businesswire.com
- 2 months ago
Heritage Global Partners to Conduct Major Online Auction of Electriq Power's Assets
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Partners (“HGP”), a subsidiary of Heritage Global Inc. (NASDAQ: HGBL) and a worldwide leader in asset advisory and auction services, has been appointed by the U.S. Bankruptcy Court to conduct an online auction of assets from Electriq Power (Case # 9:24-bk-15235), a prominent smart energy storage provider. This auction presents a unique opportunity for businesses and buyers in the alternative energy sector to acquire high-quality equipment at market-dr.
businesswire.com
- 2 months ago
Heritage Global Valuations Strengthens Growth Strategy with the Appointment of Ray Chen to Lead Midwest Business Development Initiatives
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Valuations (“HGV”), a division of Heritage Global Inc. (NASDAQ: HGBL), a leading appraisal and liquidation firm, is pleased to announce the appointment of Ray Chen to lead business development initiatives in the Midwest region. This strategic appointment reflects Heritage Global Inc.'s broader commitment to expanding its footprint in key markets, enhancing client engagement, and driving long-term growth in line with its corporate objectives. In his ex.
businesswire.com
- 2 months ago
Heritage Global Partners & Cloud Investment Partners to Host Online Auction Featuring Aerospace Defense SATCOM Assets
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Partners (“HGP”), a subsidiary of Heritage Global Inc. (NASDAQ: HGBL) and a worldwide leader in asset advisory and auction services, announced today that in partnership with Cloud Investment Partners, it has been selected to conduct an exclusive online auction event featuring Surplus SATCOM Communications & Field Equipment from a major aerospace defense contractor. This unique auction will open February 5th and close February 6th, and will feature.
businesswire.com
- 4 months ago
Heritage Global, Inc. (HGBL) Q3 2024 Earnings Call Transcript
Heritage Global, Inc. (NASDAQ:HGBL ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants John Nesbett - IR, IMS IR Ross Dove - CEO Brian Cobb - CFO Conference Call Participants Mark Argento - Lake Street Capital Markets Michael Diana - Maxim Group Chad Stauffer - Private Investor Sam Namiri - Ridgewood Investments Operator Good afternoon, ladies and gentlemen. Welcome to the Heritage Global Inc. Third Quarter 2024 Earnings Conference Call.
seekingalpha.com
- 6 months ago
Heritage Global to Announce Third Quarter 2024 Results and Host Webcast on Thursday, November 7, 2024
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today announced that the Company will release its third quarter 2024 financial results after the market closes on Thursday, November 7, 2024. Webcast and Earnings Conference Call Management will host a webcast and conference call on Thursday, November 7, 2024, at 5:00 p.m. ET to discuss financial result.
businesswire.com
- 7 months ago
Refurbished Laboratory Equipment Market Estimated to Reach USD 37.6 billion, Advancing at a CAGR of 5.1% by 2031: Analysis by Transparency Market Research, Inc.
Rising Costs of New Laboratory Equipment, Tightening Budgets in Academic, Clinical, and Research Labs and Growing Emphasis on Environmental Sustainability Augmenting Refurbished Laboratory Equipment Market Size Rising Costs of New Laboratory Equipment, Tightening Budgets in Academic, Clinical, and Research Labs and Growing Emphasis on Environmental Sustainability Augmenting Refurbished Laboratory Equipment Market Size
globenewswire.com
- 7 months ago
Heritage Global Partners to Conduct Two Major Online Auctions of Cue Health's Assets
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Partners (“HGP”), a subsidiary of Heritage Global Inc. (NASDAQ: HGBL) and a worldwide leader in asset advisory and auction services, has been appointed by the Chapter 7 Trustee and US Bankruptcy Court to conduct two major online auctions of assets from Cue Health, a San Diego based healthcare technology and Covid-19 testing company, featuring over 2,000 lots of state-of-the-art equipment and assets. The first auction will feature cutting-edge research.
businesswire.com
- 9 months ago
Heritage Global Inc. (HGBL) Q2 2024 Earnings Call Transcript
Heritage Global Inc. (NASDAQ:HGBL ) Q2 2024 Earnings Call Transcript August 8, 2024 5:00 PM ET Company Participants John Nesbett - IR, IMS IR Ross Dove - CEO Brian Cobb - CFO Conference Call Participants Mark Argento - Lake Street Logan Lillehaug - Craig-Hallum Operator Good day, everyone, and welcome to the Heritage Global Inc. Second Quarter 2024 Earnings Call. At this time all participants are in a listen-only mode.
seekingalpha.com
- 9 months ago
8. Profile
Summary
Heritage Global Inc. HGBL
COUNTRY
US
INDUSTRY
Financial - Capital Markets
MARKET CAP
$ 70.6 M
Dividend Yield
0.00%
Description
Heritage Global, Inc., together with its subsidiaries, operates as an asset services company with focus on financial and industrial asset transactions. The company provides market making, acquisitions, dispositions, valuations, and secured lending services. It focuses on identifying, valuing, acquiring, and monetizing underlying tangible and intangible assets. Heritage Global Inc. acts as an adviser, as well as a principal, acquiring, or brokering manufacturing facilities; surplus industrial machinery and equipment; industrial inventories; accounts receivable portfolios; intellectual property; and business enterprises. The company was formerly known as Counsel RB Capital Inc. and changed its name to Heritage Global, Inc. in August 2013. Heritage Global, Inc. was incorporated in 1983 and is headquartered in San Diego, California.
Contact
12625 High Bluff Drive, San Diego, CA, 92130
https://www.hginc.com
IPO
Date
March 23, 1993
Employees
86
Officers
Mr. Ross M. Dove
President, Chief Executive Officer & Director
Mr. David Van Ludwig
President of Financial Assets Division & Director
Mr. Nicholas Kirk Dove
President of Industrial Assets Division
Mr. Brian J. Cobb
Chief Financial Officer
Mr. James Edward Sklar
Executive Vice President, General Counsel & Corporate Secretary
Ms. Raspina Jannesar
Chief Marketing Officer
Ms. Gina Griffin
Senior Vice President