Heritage Global Inc.
Heritage Global Inc. (HGBL) Financial Performance & Income Statement Overview
View comprehensive annual and quarterly summaries for Heritage Global Inc. (HGBL), featuring income statements, balance sheets, and cash flow data.
Heritage Global Inc. (HGBL) Income Statement & Financial Overview
View the income breakdown for Heritage Global Inc. HGBL across both annual and quarterly reports.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $13.46M | $10.77M | $10.41M | $12.02M |
| Cost of Revenue | $1.68M | $11.27M | $5.91M | $8.35M |
| Gross Profit | $8.01M | -$505000.00 | $4.50M | $3.67M |
| Gross Profit Ratio | $0.60 | -$0.05 | $0.43 | $0.31 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $6.53M | -$2.04M | $3.01M | $1.88M |
| Operating Expenses | $10.43M | -$1.99M | $3.02M | $130000.00 |
| Total Costs & Expenses | $12.10M | $9.28M | $8.93M | $10.21M |
| Interest Income | $56000.00 | $90000.00 | $0.00 | $0.00 |
| Interest Expense | $0.00 | $0.00 | $0.00 | $108000.00 |
| Depreciation & Amortization | $118000.00 | $151000.00 | $152000.00 | $147000.00 |
| EBITDA | $1.48M | $4.92M | $1.53M | $1.96M |
| EBITDA Ratio | $0.11 | $0.46 | $0.15 | $0.16 |
| Operating Income | $1.40M | $1.49M | $1.48M | $1.81M |
| Operating Income Ratio | $0.10 | $0.14 | $0.14 | $0.15 |
| Other Income/Expenses (Net) | $56000.00 | $90000.00 | $17000.00 | -$108000.00 |
| Income Before Tax | $1.46M | $1.57M | $1.50M | $3.44M |
| Income Before Tax Ratio | $0.11 | $0.15 | $0.14 | $0.29 |
| Income Tax Expense | $395000.00 | $1.78M | $407000.00 | $939000.00 |
| Net Income | $1.06M | -$203000.00 | $1.09M | $2.50M |
| Net Income Ratio | $0.08 | -$0.02 | $0.10 | $0.21 |
| EPS | $0.03 | -$0.006 | $0.03 | $0.07 |
| Diluted EPS | $0.03 | -$0.005 | $0.03 | $0.07 |
| Weighted Avg Shares Outstanding | $35.28M | $36.43M | $36.58M | $36.74M |
| Weighted Avg Shares Outstanding (Diluted) | $36.06M | $36.82M | $37.19M | $36.82M |
Financial performance has remained strong, with revenue growing from $12.02M in Q2 2024 to $13.46M in Q1 2025. Gross profit continued to perform well, with margins at 60% in the latest quarter. Operating income reached $1.40M in Q1 2025, holding a steady 10% margin. While R&D and SG&A expenses fluctuated, EBITDA remained robust at $1.48M. Net income rose to $1.06M, keeping EPS at $0.03. With disciplined cost control and operational efficiency, the company supported consistent profitability, reflecting its ability to deliver stable shareholder value.
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