Heritage Global Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $51.0M | $45.4M | $60.5M | $46.9M | $25.8M |
| Cost of revenue | $37.0M | — | — | — | — |
| Selling, general & administrative | $25.0M | $24.3M | $26.0M | $21.3M | $14.8M |
| Operating income | $5.7M | $9.1M | $14.3M | $11.1M | $3.0M |
| Pretax income | $5.8M | $9.0M | $14.0M | $11.0M | $3.0M |
| Income tax expense | $2.3M | $3.8M | $1.5M | -$4.5M | -$61,000 |
| Net income | $3.6M | $5.2M | $12.5M | $15.5M | $3.1M |
| Balance Sheet | |||||
| Cash and equivalents | $20.5M | $21.7M | $12.3M | $12.7M | $13.6M |
| Current assets | $33.6M | $33.1M | $26.3M | $23.9M | $23.3M |
| Total assets | $88.4M | $81.3M | $83.2M | $67.6M | $50.5M |
| Current liabilities | $15.5M | $14.6M | $14.7M | $16.2M | $14.2M |
| Total liabilities | $21.5M | $16.1M | $22.1M | $19.3M | $17.8M |
| Stockholders' equity | $67.0M | $65.2M | $61.1M | $48.3M | $32.6M |
| Cash Flow Statement | |||||
| Cash from operations | $6.1M | $7.7M | $13.0M | $6.5M | -$2.6M |
| Depreciation and amortization | $200,000 | $200,000 | $100,000 | $100,000 | $100,000 |
| Stock-based compensation | $900,000 | $1.3M | $776,000 | $540,000 | $408,000 |
| Capital expenditure | $8.5M | $137,000 | $257,000 | $215,000 | $1.4M |
| Free cash flow | -$2.3M | $7.6M | $12.8M | $6.3M | -$4.1M |
| Share repurchases | $2.6M | $2.2M | $400,000 | $395,000 | $0 |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 34.7M · Free float 73.7%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.