Heritage Global Inc. (HGBL)
NASDAQ: HGBL · Real-Time Price · USD
1.280
+0.030 (2.40%)
Nov 4, 2026, 4:00 PM EST - Market closed
Heritage Global Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -14.29 | 3.59 | 5.18 | 12.48 | 15.49 | 3.05 |
Depreciation & Amortization | 1.44 | 1.16 | 1.25 | 1.16 | 0.54 | 0.46 |
Other Amortization | - | - | - | - | - | 0.14 |
Loss (Gain) on Equity Investments | 17.67 | -0.12 | -2.69 | -1.06 | -6.98 | 0.08 |
Stock-Based Compensation | 0.77 | 0.9 | 1.25 | 0.78 | 0.54 | 0.41 |
Provision & Write-off of Bad Debts | 3.5 | -0.02 | -0.27 | 0.53 | - | - |
Other Operating Activities | -3.92 | 1.6 | 3.02 | 0.15 | -4.13 | 0.45 |
Change in Accounts Receivable | -0.36 | -0.32 | 0.35 | -0.93 | 1.74 | -0.83 |
Change in Inventory | 0.16 | -0.58 | -0.27 | -0.46 | -1.4 | -2.49 |
Change in Accounts Payable | -1.83 | 0.48 | -1.26 | -1.44 | 4.13 | -0.56 |
Change in Other Net Operating Assets | -2.56 | -0.54 | 1.18 | 1.82 | -3.45 | -3.35 |
Operating Cash Flow | 0.58 | 6.14 | 7.75 | 13.02 | 6.48 | -2.63 |
Operating Cash Flow Growth | -87.17% | -20.76% | -40.52% | 100.85% | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -1.67 | -8.47 | -0.14 | -0.26 | -0.22 | -1.43 |
Cash Acquisitions | -8.46 | - | - | - | - | -4.32 |
Investment in Securities | 3.12 | -1.53 | 5.64 | -6.51 | -2.31 | -2.36 |
Other Investing Activities | 0.95 | 0.61 | 5.37 | -9.1 | -4.99 | -2.09 |
Investing Cash Flow | -6.06 | -9.39 | 10.87 | -15.87 | -7.52 | -10.2 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 5.15 | - | 13 | 2.88 | 5.25 |
Long-Term Debt Repaid | - | -0.42 | -6.83 | -10.05 | -2.43 | -1.42 |
Net Debt Issued (Repaid) | -0.91 | 4.73 | -6.83 | 2.95 | 0.45 | 3.83 |
Issuance of Common Stock | - | - | - | 0.04 | 0.07 | 0.22 |
Repurchase of Common Stock | -0.28 | -2.71 | -2.32 | -0.52 | -0.44 | -0.99 |
Financing Cash Flow | -1.19 | 2.03 | -9.15 | 2.46 | 0.08 | 3.07 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | -6.67 | -1.23 | 9.47 | -0.39 | -0.96 | -9.76 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -1.1 | -2.33 | 7.61 | 12.76 | 6.27 | -4.06 |
Free Cash Flow Growth | - | - | -40.39% | 103.64% | - | - |
Free Cash Flow Margin | -2.27% | -4.58% | 16.77% | 21.08% | 13.36% | -15.73% |
Free Cash Flow Per Share | -0.03 | -0.07 | 0.20 | 0.34 | 0.17 | -0.11 |
Levered Free Cash Flow | 0.95 | -3.3 | 10.11 | 7.07 | 2.68 | -6.96 |
Unlevered Free Cash Flow | 1 | -3.3 | 10.17 | 7.27 | 2.75 | -7.08 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 0.12 | 0.04 | 0.09 | 0.41 | 0.1 | 0.02 |
Cash Income Tax Paid | 0.52 | 0.7 | 0.64 | 0.85 | 0.3 | 0.12 |
Change in Working Capital | -4.59 | -0.97 | - | -1 | 1.03 | -7.22 |