Heritage Global Inc.

HGBL

HGBLHeritage Global Inc. US flag

NASDAQ Capital Market

1.24

USD

- -

43.08MMarket Cap

Income Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	17	14	9	20	17	24	20	24	26	26	26	47	61	45	51
+ Sales & Services Revenue	17	14	9	20	17	24	20	24	26	26	26	47	61	45	51
- Cost of Revenue	10	7	6	14	11	16	9	9	17	16	15	37	39	31	37
+ Cost of Goods & Services	10	7	6	14	11	16	9	9	17	16	15	37	39	31	37
Gross Profit	7	7	3	6	7	8	11	15	9	10	11	10	21	14	14
+ Other Operating Income	-10	-7	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	7	12	5	8	9	8	11	11	7	8	9	6	8	8	8
+ Selling, General & Admin	4	11	4	7	8	8	9	10	7	8	8	6	7	8	8
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	2	1	1	1	1	- -	1	- -	- -	- -	- -	1	1	- -	- -
Operating Income (Loss)	11	3	-1	-2	-2	- -	- -	4	2	2	2	4	13	6	6
- Non-Operating (Income) Loss	6	5	2	- -	8	- -	1	- -	-1	-4	-1	-7	-1	-3	- -
+ Interest Expense, Net	- -	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest Expense	- -	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	6	5	1	-1	8	- -	1	- -	-1	-4	-1	-7	-1	-3	- -
Pretax Income	4	-3	-3	-2	-10	- -	-1	4	3	6	3	11	14	9	6
- Income Tax Expense (Benefit)	-26	-1	3	25	- -	- -	- -	- -	-1	-4	- -	-4	2	4	2
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	31	-2	-6	-27	-10	- -	- -	4	4	10	3	15	12	5	4
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	31	-2	-6	-27	-10	- -	- -	4	4	10	3	15	12	5	4
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	31	-2	-6	-27	-10	- -	- -	4	4	10	3	15	12	5	4
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	31	-2	-6	-27	-10	- -	- -	4	4	10	3	15	12	5	4
EBIT	11	3	-1	-2	-2	- -	- -	4	2	2	2	4	13	6	6
EBITDA	11	3	-1	-1	-2	1	1	4	3	3	3	5	14	8	7
EBITDA Margin (%)	61.76	20.75	-10.78	-7.39	-10.79	2.12	3.36	18.58	9.76	10.03	11.44	9.97	23.81	16.81	13.24
EBITA	11	3	-1	-2	-2	- -	- -	4	2	2	2	4	13	6	6
Gross Margin (%)	42.86	49.46	36.23	28.18	37.42	34.74	55.44	62.06	36.22	39.47	42.69	22.15	35.34	31.33	27.08
Operating Margin (%)	61.75	17.87	-16.09	-10.22	-14.08	0.8	1.81	17.23	8.6	8.64	9.66	8.83	21.9	14.06	10.96
Profit Margin (%)	178.17	-12.83	-71.93	-132.66	-59.78	0.06	-1.24	15.85	14.9	36.89	11.84	33.02	20.6	11.42	7.04
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	- -	- -	- -	1	1	- -	- -	- -	- -	- -	- -	1	1	1	1
Basic Weighted Avg Shares	27	28	29	28	28	28	28	29	29	30	35	36	37	36	35
Basic EPS, GAAP	1.14	-0.06	-0.22	-0.94	-0.37	- -	-0.01	0.13	0.14	0.32	0.09	0.43	0.34	0.14	0.1
Basic EPS from Cont Ops	1.14	-0.06	-0.22	-0.94	-0.37	- -	-0.01	0.13	0.14	0.32	0.09	0.43	0.34	0.14	0.1
Diluted Weighted Avg Shares	27	28	29	28	28	28	28	29	29	33	37	37	38	37	35
Diluted EPS, GAAP	1.13	-0.06	-0.22	-0.94	-0.37	- -	-0.01	0.13	0.13	0.3	0.08	0.42	0.33	0.14	0.1
Diluted EPS from Cont Ops	1.13	-0.06	-0.22	-0.94	-0.37	- -	-0.01	0.13	0.13	0.3	0.08	0.42	0.33	0.14	0.1

Balance Sheet (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	12	13	7	7	4	4	3	8	7	27	23	24	26	33	34
+ Cash, Cash Equivalents & STI	7	4	3	4	3	3	2	4	3	23	14	13	12	22	21
+ Cash & Cash Equivalents	7	4	3	4	3	3	2	4	3	23	14	13	12	22	21
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	2	4	2	3	1	1	- -	- -	3	3	5	5	8	5	6
+ Accounts Receivable, Net	1	1	2	3	1	1	- -	- -	2	1	3	1	2	2	2
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	1	1	2	5	7	3	5
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	1	3	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	1	1	1	- -	- -	- -	- -	2	- -	- -	3	5	5	5	6
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	1	1	1	- -	- -	- -	- -	2	- -	- -	3	5	5	5	6
+ Other ST Assets	3	4	2	1	- -	- -	- -	1	1	- -	1	1	- -	1	1
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	35	48	43	24	15	11	10	13	15	18	27	44	57	48	55
+ Property, Plant & Equip, Net	- -	- -	- -	- -	- -	- -	- -	- -	2	1	4	4	4	4	12
+ Property, Plant & Equip	- -	- -	- -	- -	- -	- -	- -	1	2	2	4	5	5	4	13
- Accumulated Depreciation	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1
+ LT Investments & Receivables	6	6	3	1	- -	- -	- -	3	3	2	5	14	21	21	21
+ LT Investments	6	6	3	1	- -	- -	- -	3	3	2	5	14	21	21	21
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	29	42	39	23	14	11	10	10	11	14	18	25	31	23	21
+ Total Intangible Assets	1	11	10	17	11	10	10	10	9	9	12	12	11	11	11
+ Goodwill	1	5	5	9	6	6	6	6	6	6	7	7	7	7	7
+ Other Intangible Assets	- -	5	5	8	4	4	4	4	3	3	5	4	4	3	3
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	28	32	29	7	4	- -	- -	- -	2	5	6	14	20	13	11
Total Assets	47	61	50	32	19	15	13	21	22	45	50	68	83	81	88
+ Payables & Accruals	1	4	6	7	7	7	5	8	8	14	11	12	12	13	14
+ Accounts Payable	- -	2	4	2	3	3	2	3	- -	- -	6	3	5	7	7
+ Accrued Taxes	- -	1	1	1	1	1	- -	- -	- -	1	- -	- -	1	- -	1
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	1	2	2	3	2	3	2	4	8	13	4	8	6	5	6
+ ST Debt	3	11	4	4	2	1	1	1	1	- -	3	4	3	1	1
+ ST Borrowings	3	11	4	4	2	1	1	1	- -	- -	2	3	2	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	1	1	1	1	1
+ Other ST Liabilities	- -	- -	- -	1	1	1	3	1	- -	- -	- -	- -	- -	1	1
+ Deferred Revenue	- -	- -	- -	1	- -	- -	- -	1	- -	- -	- -	- -	- -	1	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	1	1	1	3	1	- -	- -	- -	- -	- -	- -	1
Total Current Liabilities	4	15	10	12	9	9	9	10	9	14	14	16	15	15	16
+ LT Debt	- -	- -	- -	2	2	- -	1	- -	1	1	4	3	7	2	5
+ LT Borrowings	- -	- -	- -	2	2	- -	1	- -	- -	- -	1	1	5	- -	4
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	1	1	2	2	2	2	1
+ Other LT Liabilities	- -	- -	- -	4	4	3	1	2	- -	- -	- -	- -	- -	- -	1
+ Accrued Liabilities	- -	- -	- -	1	1	1	1	1	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	- -	- -	3	3	2	- -	2	- -	- -	- -	- -	- -	- -	1
Total Noncurrent Liabilities	- -	- -	- -	7	6	3	1	3	1	1	4	3	7	2	6
Total Liabilities	4	15	10	18	15	12	10	13	10	15	18	19	22	16	21
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	279	284	283	284	284	284	285	285	285	294	293	294	295	296	297
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	278	283	283	284	284	284	284	285	285	293	293	294	295	296	296
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	3	6
+ Retained Earnings	-236	-238	-244	-270	-281	-281	-281	-277	-273	-264	-261	-245	-233	-228	-224
+ Other Equity	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Equity Before Minority Interest	43	46	39	13	3	3	3	8	12	30	33	48	61	65	67
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	43	46	39	13	3	3	3	8	12	30	33	48	61	65	67
Total Liabilities & Equity	47	61	50	32	19	15	13	21	22	45	50	68	83	81	88
Shares Outstanding	27	29	28	28	28	28	28	29	29	35	37	37	37	36	35
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	2	1	3	3	3	2	2
Net Debt	-4	7	1	2	1	-2	-1	-3	-2	-23	-10	-8	-5	-21	-16
Net Debt to Equity	-8.34	14.28	1.96	17.64	42.55	-43.45	-16.77	-34.89	-19.03	-78.1	-30	-17.36	-8.27	-32.75	-24.52
Tangible Common Equity Ratio	90.95	69.84	73.66	-19.72	-86.56	-139.64	-191.89	-20.2	22.13	59.22	53.63	65.58	69.3	77.14	72.45
Current Ratio	2.81	0.85	0.7	0.64	0.46	0.52	0.35	0.76	0.74	1.93	1.64	1.47	1.78	2.27	2.16
Cash Conversion Cycle	21.46	13.6	-96.44	-28.1	-49.44	-56.05	-92.15	-32.61	3.71	27.29	6.31	7.25	16.3	3.05	-3.4

Cash Flow Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	31	-2	-6	-27	-10	- -	- -	4	4	10	3	15	12	5	4
+ Depreciation & Amortization	- -	- -	- -	1	1	- -	- -	- -	- -	- -	- -	1	1	1	1
+ Non-Cash Items	- -	2	- -	1	9	- -	2	- -	-2	-7	1	-11	- -	1	2
+ Stock-Based Compensation	- -	2	1	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1	1
+ Deferred Income Taxes	-26	- -	- -	- -	- -	- -	- -	- -	-1	-4	- -	-5	- -	3	2
+ Asset Impairment Charge	- -	1	- -	- -	8	- -	- -	- -	1	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	26	- -	-1	1	1	- -	2	- -	-2	-3	1	-6	-1	-3	- -
+ Chg in Non-Cash Work Cap	-27	-6	8	25	- -	3	-1	3	-2	6	-7	1	-1	- -	-1
+ (Inc) Dec in Accts Receiv	- -	1	-1	1	- -	-1	1	- -	-1	- -	-1	2	-1	- -	- -
+ (Inc) Dec in Inventories	1	-4	- -	- -	- -	4	- -	-2	2	- -	-2	-1	- -	- -	-1
+ (Inc) Dec in Prepaid Assets	1	-1	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	-2	- -	2	- -	- -	- -	-2	4	-3	6	-3	1	- -	1	- -
+ Inc (Dec) in Other	-27	-1	5	25	- -	- -	- -	2	- -	- -	-1	- -	- -	-1	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	4	-5	2	1	-1	4	1	7	1	9	-3	6	13	8	6
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1	- -	- -	- -	-8
+ Acq of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1	- -	- -	- -	-8
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	2	- -	- -	- -	- -	- -	- -	- -	- -	8	- -	- -	- -	-2	-3
+ Increase in Capital Stock	2	- -	- -	- -	- -	- -	- -	- -	- -	8	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-2	-3
+ Net Change in LT Investment	- -	- -	1	- -	2	- -	- -	-3	- -	- -	- -	- -	- -	- -	- -
+ Dec in LT Investment	- -	- -	1	- -	2	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	-1	- -	- -	- -	-3	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	- -	-2	- -	-2	2	- -	- -	-3	-1	-1	-7	-9	-8	3	-2
+ Cash from Divestitures	- -	- -	- -	- -	2	- -	- -	- -	- -	- -	- -	5	10	3	2
+ Cash for Acq of Subs	- -	-2	- -	-2	- -	- -	- -	-3	-1	-1	-7	-15	-17	- -	-3
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	1	-1	- -	- -	3	- -	6	-2	2	-8	8	1
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	- -	-2	1	-1	3	- -	- -	-3	-1	5	-10	-8	-16	11	-9
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	6	16	-23	3	-4	-2	- -	- -	-1	- -	4	- -	3	-7	5
+ Cash From Debt	14	34	4	8	2	2	2	1	1	6	5	3	13	- -	5
+ Repayments of Debt	-8	-19	-27	-4	-5	-4	-1	-1	-2	-6	-1	-2	-10	-7	- -
+ Other Financing Activities	-8	-11	18	-2	1	-2	-2	-3	- -	- -	-1	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	- -	5	-4	1	-3	-4	-2	-2	-1	7	3	- -	2	-9	2
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	4	-2	-1	- -	-1	- -	- -	2	-2	21	-10	-1	- -	9	-1
EBITDA	11	3	-1	-1	-2	1	1	4	3	3	3	5	14	8	7
EBITDA Margin (%)	61.76	20.75	-10.78	-7.39	-10.79	2.12	3.36	18.58	9.76	10.03	11.44	9.97	23.81	16.81	13.24
Free Cash Flow	4	-5	2	- -	-1	4	1	7	1	9	-4	6	13	8	-2
Net Cash Paid for Acquisitions	- -	2	- -	2	-2	- -	- -	3	1	1	7	9	8	-3	2
Free Cash Flow to Firm	- -	- -	- -	- -	- -	4	- -	8	- -	- -	- -	- -	13	8	-2
Free Cash Flow to Equity	10	11	-20	4	-5	2	1	7	- -	9	- -	7	16	1	2
Free Cash Flow per Basic Share	0.15	-0.17	0.08	0.02	-0.03	0.13	0.04	0.26	0.02	0.3	-0.11	0.17	0.35	0.21	-0.07
Price/Free Cash Flow	12.04	-6.52	8.94	12.05	-7.86	3.33	8.59	1.73	31.52	9.5	-57.22	13.02	7.87	8.72	3.01
Cash Flow to Net Income	0.13	2.65	-0.35	-0.02	0.08	279.86	-4.75	1.99	0.2	0.95	-0.86	0.42	1.04	1.49	1.71
Capital Expenditures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1	- -	- -	- -	-8