Heritage Global Inc. (HGBL) — Financial statements
Income statement, balance sheet, and cash flow for Heritage Global Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 51↑12.4% | 45↓25.1% | 61↑29.1% | 47↑81.9% | 26 | |
| Cost of Revenue | 37↑19.3% | 31↓20.4% | 39↑7.2% | 37↑147.1% | 15 | |
| Gross Profit | 14↓2.9% | 14↓33.6% | 21↑105.9% | 10↓5.6% | 11 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 7↑2.6% | 7↑6.2% | 6↑23.2% | 5↓31.6% | 8 | |
| Selling & Marketing Expenses | 0.70↑13.7% | 0.61↑1.2% | 0.60↑34.8% | 0.45↑25.5% | 0.36 | |
| SG&A Expenses | 8↑3.5% | 7↑5.8% | 7↑24.1% | 6↓29.1% | 8 | |
| Other Expenses | 0.45↑119.2% | -2↓15586.7% | -0.02↑99.8% | -6↓10125.4% | -0.06 | |
| Operating Expenses | 8↑59.7% | 5↓27.3% | 7↑1071.8% | -0.73↓109.1% | 8 | |
| Total Costs & Expenses | 45↑25.1% | 36↓21.5% | 46↑29.1% | 36↑57.1% | 23 | |
| Operating Results | ||||||
| Operating Income | 6↓38.4% | 9↓36.7% | 14↑28.8% | 11↑268.9% | 3 | |
| Depreciation & Amortization | 1↓6.8% | 1↑142.8% | 0.51↓4.1% | 0.54↑16.5% | 0.46 | |
| EBITDA | 7↓34.5% | 10↓30.5% | 15↑27.3% | 12↑235.5% | 3 | |
| EBIT | 6↓38.4% | 9↓36.7% | 14↑28.8% | 11↑268.9% | 3 | |
| Interest & Other Income | ||||||
| Net Interest Income | 0.00↑100.0% | -0.09↑71.3% | -0.32↓186.7% | -0.11↓413.6% | -0.02 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 0.00↓100.0% | 0.09↓71.3% | 0.32↑186.7% | 0.11↑413.6% | 0.02 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.26↑376.3% | -0.09↑71.3% | -0.32↓186.7% | -0.11↓413.6% | -0.02 | |
| Income Before Tax | 6↓34.9% | 9↓35.9% | 14↑27.1% | 11↑267.9% | 3 | |
| Income Tax Expense | 2↓40.4% | 4↑149.4% | 2↑133.9% | -4↓7254.1% | -0.06 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 4↓30.8% | 5↓58.5% | 12↓19.5% | 15↑407.5% | 3 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 4↓30.8% | 5↓58.5% | 12↓19.5% | 15↑407.5% | 3 | |
| Bottom-Line Net Income | 4↓30.8% | 5↓58.5% | 12↓19.5% | 15↑407.5% | 3 | |
| EPS (Basic) | 0.10↓28.6% | 0.14↓58.8% | 0.34↓20.9% | 0.43↑399.4% | 0.09 | |
| EPS (Diluted) | 0.10↓28.6% | 0.14↓57.6% | 0.33↓21.4% | 0.42↑407.9% | 0.08 | |
| Weighted Average Shares | 35↓5.9% | 37↑0.9% | 37↑1.8% | 36↑1.6% | 35 | |
| Weighted Average Diluted Shares | 35↓4.6% | 37↓1.2% | 38↑1.3% | 37↑0.5% | 37 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.