Heritage Global Inc. (HGBL)

Heritage Global Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Net Income	12.48	15.49	3.05	9.66	3.9
Depreciation & Amortization	1.16	1.08	0.99	0.88	0.04
Share-Based Compensation	0.78	0.54	0.41	0.35	0.28
Other Operating Activities	-1.39	-10.63	-7.08	-1.75	-3.43
Operating Cash Flow	13.02	6.48	-2.63	9.15	0.79
Operating Cash Flow Growth	100.85%	-	-	1052.14%	-89.37%
Capital Expenditures	-0.26	-0.22	-1.43	-0.01	-0.12
Acquisitions	8.85	0	-2.36	4.95	0
Change in Investments	-7.24	7.31	-3.81	0.99	-0.44
Other Investing Activities	-17.22	-14.61	-2.6	-1.43	-0.6
Investing Cash Flow	-15.87	-7.52	-10.2	4.51	-1.16
Share Issuance / Repurchase	-0.36	-0.33	0.22	7.61	0
Debt Issued / Paid	2.95	0.45	3.83	-0.44	-1.18
Other Financing Activities	-0.12	-0.04	-0.99	-0.17	-
Financing Cash Flow	2.46	0.08	3.07	7	-1.18
Net Cash Flow	-0.39	-0.96	-9.76	20.66	-1.54
Free Cash Flow	12.76	6.27	-4.06	9.14	0.68
Free Cash Flow Growth	103.64%	-	-	1248.23%	-90.80%
Free Cash Flow Margin	21.08%	13.36%	-15.73%	34.91%	2.59%
Free Cash Flow Per Share	0.35	0.17	-0.11	0.30	0.02

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).