NASDAQ · HGBLIndustrialsBusiness Services

HERITAGE GLOBAL financials

$1.30−0.76%
Close Sep 29, 2026 · split-adjusted

Revenue

Net income

Income statement & cash flow

Fiscal yearFY25
Dec 31
FY24
Dec 31
FY23
Dec 31
FY22
Dec 31
FY21
Dec 31
FY20
Dec 31
Revenue$51.0M$45.4M$60.5M$46.9M$25.8M$26.2M
Gross profit$31.0M$31.2M$39.8M$26.0M$18.4M$17.1M
Gross margin60.9%68.9%65.8%55.4%71.2%65.2%
Operating income$5.6M$6.4M$13.3M$4.1M$3.1M$2.3M
Net income$3.6M$5.2M$12.5M$15.5M$3.1M$9.7M
Net margin7.0%11.4%20.6%33.0%11.8%36.9%
Diluted EPS$0.10$0.14$0.33$0.42$0.08$0.30
EBITDA$6.1M$7.0M$13.8M$4.7M$3.6M$2.6M
Operating cash flow$12.7M$18.8M$13.0M$6.5M$1.4M$10.9M
Free cash flow$4.2M$18.6M$12.8M$6.3M-$72.0K$10.9M
Diluted shares35.4M37.1M37.6M37.1M36.9M32.7M

Balance sheet

Period endDec 31Dec 31Dec 31Dec 31Dec 31Dec 31
Cash & equivalents$20.5M$21.7M$12.3M$12.7M$13.6M$23.4M
Short-term investments$0.00$0.00$0.00$0.00——
Total debt$4.1M$395.0K$7.2M$4.3M$3.8M$0.00
Total assets$88.4M$81.3M$83.2M$67.6M$50.5M$44.6M
Total liabilities$21.5M$16.1M$22.1M$19.3M$17.8M$14.6M
Shareholders' equity$67.0M$65.2M$61.1M$48.3M$32.6M$29.9M

From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology