HGBL
Heritage Global Inc
NASDAQ: HGBL · FINANCIAL SERVICES · CAPITAL MARKETS
$1.36
-2.16% today
Updated 2026-04-30
Market cap
$48.99M
P/E ratio
14.10
P/S ratio
0.96x
EPS (TTM)
$0.10
Dividend yield
—
52W range
$1 – $2
Volume
0.1M
Heritage Global Inc (HGBL) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $20000.00 | — | $17.63M | $5.99M | $3.27M | $17.24M | $14.13M | $8.89M | $19.99M | $17.43M | $23.83M | $20.13M | $23.66M | $26.17M | $26.18M | $25.79M | $46.91M | $60.55M | $45.36M | $50.98M |
| Revenue growth (YoY) | — | -100.0% | — | -66.0% | -45.5% | +427.8% | -18.0% | -37.1% | +124.8% | -12.8% | +36.7% | -15.5% | +17.6% | +10.6% | +0.1% | -1.5% | +81.9% | +29.1% | -25.1% | +12.4% |
| Cost of revenue | $20000.00 | — | $10.73M | $4.17M | $2.27M | $9.85M | $7.14M | $5.67M | $14.35M | $10.91M | $15.55M | $8.97M | $8.98M | $16.69M | $15.85M | $14.78M | $36.52M | $39.15M | $31.15M | $7.95M |
| Gross profit | $20000.00 | — | $6.90M | $1.82M | $1.00M | $7.39M | $6.99M | $3.22M | $5.63M | $6.52M | $8.28M | $11.16M | $14.69M | $9.48M | $10.33M | $11.01M | $10.39M | $21.39M | $14.21M | $43.02M |
| Gross margin | 100.0% | — | 39.1% | 30.4% | 30.6% | 42.9% | 49.5% | 36.2% | 28.2% | 37.4% | 34.7% | 55.4% | 62.1% | 36.2% | 39.5% | 42.7% | 22.2% | 35.3% | 31.3% | 84.4% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | $1.30M | $1.20M | $1.30M | $2.70M | $434000.00 | $1.14M | $10.00M | $3.73M | $6.75M | $8.00M | $7.33M | $8.79M | $9.48M | $6.32M | $7.26M | $7.70M | $5.27M | $6.49M | $6.89M | $7.07M |
| Operating income | $-1.30M | $-1.24M | $5.60M | $-769000.00 | $5.43M | $4.58M | $-2.45M | $-2.94M | $-1.90M | $-10.35M | $190000.00 | $364000.00 | $4.08M | $3.05M | $6.06M | $3.01M | $11.12M | $14.32M | $9.07M | $5.59M |
| Operating margin | -6505.0% | — | 31.8% | -12.8% | 166.3% | 26.6% | -17.4% | -33.0% | -9.5% | -59.4% | 0.8% | 1.8% | 17.2% | 11.7% | 23.1% | 11.7% | 23.7% | 23.7% | 20.0% | 11.0% |
| EBITDA | $1.86M | $-1.42M | $6.07M | $-768888.00 | $5.20M | $4.62M | $-1.98M | $-2.34M | $-731000.00 | $-9.48M | $414000.00 | $-261000.00 | $4.55M | $3.35M | $6.42M | $3.47M | $11.66M | $14.83M | $10.31M | $6.75M |
| EBITDA margin | 9325.0% | — | 34.4% | -12.8% | 159.3% | 26.8% | -14.0% | -26.3% | -3.7% | -54.4% | 1.7% | -1.3% | 19.2% | 12.8% | 24.5% | 13.5% | 24.8% | 24.5% | 22.7% | 13.2% |
| EBIT | $-1.30M | $-1.44M | $6.04M | $-769000.00 | $-2.38M | $4.61M | $-2.39M | $-2.81M | $-1.30M | $-10.06M | $98000.00 | $-574000.00 | $4.24M | $3.05M | $6.06M | $3.01M | $11.12M | $14.32M | $9.07M | $5.59M |
| Interest expense | $10.90M | $196000.00 | $43000.00 | $325000.00 | $336000.00 | $245000.00 | $290000.00 | $556000.00 | $495000.00 | $349000.00 | $63000.00 | $95000.00 | $214000.00 | $64000.00 | $45000.00 | $22000.00 | $113000.00 | $324000.00 | $93000.00 | $134000.00 |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-7.68M | $-645000.00 | $5.83M | $-1.26M | $4.83M | $30.71M | $-1.81M | $-6.40M | $-26.51M | $-10.42M | $14000.00 | $-249000.00 | $3.75M | $3.90M | $9.66M | $3.05M | $15.49M | $12.47M | $5.18M | $3.59M |
| Net income growth (YoY) | — | +91.6% | +1003.4% | -121.7% | +482.0% | +536.0% | -105.9% | -252.8% | -314.5% | +60.7% | +100.1% | -1878.6% | +1606.4% | +3.9% | +147.7% | -68.4% | +407.5% | -19.5% | -58.5% | -30.8% |
| Profit margin | -38380.0% | — | 33.1% | -21.1% | 147.9% | 178.2% | -12.8% | -71.9% | -132.7% | -59.8% | 0.1% | -1.2% | 15.9% | 14.9% | 36.9% | 11.8% | 33.0% | 20.6% | 11.4% | 7.0% |