heritage global inc. (“hg”) values and monetizes industrial & financial assets by providing acquisition, disposition, valuation, and lending services for surplus and distressed assets. this aids in facilitating the circular economy by diverting useful industrial assets from landfills and operating an ethical supply chain by overseeing post-sale account activity of financial assets. specialties consist of acting as an adviser, in addition to acquiring or brokering turnkey manufacturing facilities, surplus industrial machinery and equipment, industrial inventories, real estate, account receivable portfolios, and intellectual property through its two business units: industrial assets and financial assets. industrial assets defined through three revenue streams: • hgp is a full-service auction, liquidation and asset advisory firm which holds a prominent spot in the industrial sector globally • hgv specializes in the valuation of commercial & industrial assets including inventories, mach
Company profile
Ticker
HGBL
Exchange
Website
CEO
Ross M. Dove
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
ACCERIS COMMUNICATIONS INC, C2 Global Technologies Inc, Counsel RB Capital Inc., I LINK INC, MEDCROSS INC
SEC CIK
Corporate docs
Subsidiaries
C2 Communications Technologies, Inc. • C2 Investments Inc. • Heritage Global LLC • Heritage ALT LLC • HG ALT LLC • Heritage Global Partners, Inc. • National Loan Exchange, Inc. • Heritage Global Capital LLC • HGC OH SPV LLC • HGC AR SPV LLC ...
IRS number
592291344
HGBL stock data
Latest filings (excl ownership)
PRE 14A
Preliminary proxy
12 Apr 24
10-K
2023 FY
Annual report
14 Mar 24
8-K
Other Events
4 Dec 23
10-Q
2023 Q3
Quarterly report
9 Nov 23
EFFECT
Notice of effectiveness
26 Sep 23
CORRESP
Correspondence with SEC
21 Sep 23
UPLOAD
Letter from SEC
21 Sep 23
S-3
Shelf registration
14 Sep 23
8-K
Departure of Directors or Certain Officers
16 Aug 23
Transcripts
HGBL
Earnings call transcript
2023 Q4
14 Mar 24
HGBL
Earnings call transcript
2023 Q3
9 Nov 23
HGBL
Earnings call transcript
2023 Q2
10 Aug 23
HGBL
Earnings call transcript
2023 Q1
11 May 23
HGBL
Earnings call transcript
2022 Q4
9 Mar 23
HGBL
Earnings call transcript
2022 Q3
12 Nov 22
HGBL
Earnings call transcript
2022 Q2
11 Aug 22
HGBL
Earnings call transcript
2022 Q1
14 May 22
HGBL
Earnings call transcript
2021 Q4
18 Mar 22
HGBL
Earnings call transcript
2021 Q3
13 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 15.58 mm | 15.58 mm | 15.58 mm | 15.58 mm | 15.58 mm | 15.58 mm |
Cash burn (monthly) | (no burn) | 158.67 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 1.05 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 14.53 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 91.6 | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2023
41.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 51 |
Opened positions | 24 |
Closed positions | 1 |
Increased positions | 12 |
Reduced positions | 6 |
13F shares | Current |
---|---|
Total value | 30.90 bn |
Total shares | 15.64 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Topline Capital Partners | 4.42 mm | $11.76 mm |
Punch & Associates Investment Management | 2.44 mm | $8.83 bn |
Vanguard | 1.70 mm | $6.17 bn |
Silber Allan C | 1.39 mm | $3.92 mm |
Koshinski Asset Management | 1.20 mm | $4.33 bn |
EAM Investors | 467.99 k | $1.69 bn |
Renaissance Technologies | 431.62 k | $1.56 mm |
Perritt Capital Management | 355.09 k | $1.29 bn |
Mutual Advisors | 305.00 k | $1.10 bn |
MS Morgan Stanley | 289.33 k | $1.05 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
20 Mar 24 | Dove Ross | Common Stock | Buy | Acquire P | No | No | 2.75 | 7,297 | 20.07 k | 2,302,656 |
19 Mar 24 | Nicholas Kirk Dove | Common Stock | Buy | Acquire P | No | No | 2.88 | 5,000 | 14.40 k | 100,000 |
19 Mar 24 | James Edward Sklar | Common Stock | Payment of exercise | Dispose F | No | No | 2.93 | 11,830 | 34.66 k | 283,876 |
19 Mar 24 | Brian J. Cobb | Common Stock | Payment of exercise | Dispose F | No | No | 2.93 | 13,638 | 39.96 k | 94,913 |
7 Mar 24 | Kelly S Sharpe | Common Stock | Grant | Acquire A | No | No | 0 | 15,000 | 0.00 | 55,800 |