HGBL
Income statement / Annual
Last year (2023), Heritage Global Inc.'s total revenue was $60.55 M,
an increase of 29.06% from the previous year.
In 2023, Heritage Global Inc.'s net income was $12.48 M.
See Heritage Global Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$60.55 M
|
$46.91 M
|
$25.79 M
|
$26.18 M
|
$26.17 M
|
$23.66 M
|
$20.13 M
|
$23.78 M
|
$17.43 M
|
$14.19 M
|
| Cost of Revenue |
$20.73 M |
$20.91 M |
$7.43 M |
$9.11 M |
$7.74 M |
$4.05 M |
$4.71 M |
$11.32 M |
$9.29 M |
$4.67 M |
| Gross Profit |
$39.81 M |
$26.00 M |
$18.36 M |
$17.07 M |
$18.43 M |
$19.62 M |
$15.42 M |
$12.46 M |
$8.15 M |
$9.51 M |
| Gross Profit Ratio |
0.66 |
0.55 |
0.71 |
0.65 |
0.7 |
0.83 |
0.77 |
0.52 |
0.47 |
0.67 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$25.44 M
|
$20.88 M
|
$15.06 M
|
$14.01 M
|
$15.27 M
|
$14.41 M
|
$13.05 M
|
$11.57 M
|
$12.37 M
|
$10.63 M
|
| Selling & Marketing
Expenses |
$604,000.00
|
$448,000.00
|
$357,000.00
|
$444,000.00
|
$609,000.00
|
$807,000.00
|
$550,000.00
|
$440,000.00
|
$408,000.00
|
$360,000.00
|
| Selling, General &
Administrative Expenses |
$26.04 M
|
$21.33 M
|
$15.41 M
|
$14.45 M
|
$15.87 M
|
$15.22 M
|
$13.60 M
|
$12.01 M
|
$12.77 M
|
$10.99 M
|
| Other Expenses |
-$545,000.00 |
$536,000.00 |
$460,000.00 |
$362,000.00 |
$305,000.00 |
$157,000.00 |
$313,000.00 |
$119,000.00 |
$297,000.00 |
$566,000.00 |
| Operating Expenses |
$25.50 M |
$21.86 M |
$15.87 M |
$14.81 M |
$16.18 M |
$15.54 M |
$13.91 M |
$12.33 M |
$13.35 M |
$11.56 M |
| Cost And Expenses |
$46.23 M |
$42.77 M |
$23.30 M |
$23.92 M |
$23.92 M |
$19.59 M |
$18.62 M |
$23.64 M |
$22.63 M |
$16.23 M |
| Interest Income |
$0.00 |
$113,000.00 |
$22,000.00 |
$45,000.00 |
$64,000.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$324,000.00 |
$113,000.00 |
$22,000.00 |
$45,000.00 |
$64,000.00 |
$214,000.00 |
$95,000.00 |
$182,000.00 |
$349,000.00 |
$704,000.00 |
| Depreciation &
Amortization |
$514,000.00
|
$1.08 M
|
$992,000.00
|
$882,000.00
|
$305,000.00
|
$319,000.00
|
$313,000.00
|
$316,000.00
|
$575,000.00
|
$566,000.00
|
| EBITDA |
$14.83 M
|
$11.66 M
|
$3.47 M
|
$6.42 M
|
$3.36 M
|
$4.55 M
|
-$261,000.00
|
$506,000.00
|
-$9.48 M
|
-$929,000.00
|
| EBITDA Ratio |
0.24 |
0.25 |
0.11 |
0.25 |
0.15 |
0.19 |
0.19 |
0.02 |
-0.25 |
-0.09 |
| Operating Income Ratio
|
0.24
|
0.24
|
0.12
|
0.23
|
0.12
|
0.17
|
0.02
|
0.01
|
-0.59
|
-0.13
|
| Total Other
Income/Expenses Net |
-$324,000.00
|
-$113,000.00
|
-$22,000.00
|
-$45,000.00
|
-$64,000.00
|
-$57,000.00
|
-$1.03 M
|
-$155,000.00
|
-$52,000.00
|
$108,000.00
|
| Income Before Tax |
$14.00 M |
$11.01 M |
$2.99 M |
$6.01 M |
$2.99 M |
$4.02 M |
-$669,000.00 |
$35,000.00 |
-$10.41 M |
-$1.79 M |
| Income Before Tax Ratio
|
0.23
|
0.23
|
0.12
|
0.23
|
0.11
|
0.17
|
-0.03
|
0
|
-0.6
|
-0.13
|
| Income Tax Expense |
$1.52 M |
-$4.49 M |
-$61,000.00 |
-$3.64 M |
-$913,000.00 |
$270,000.00 |
-$420,000.00 |
$21,000.00 |
$15,000.00 |
$24.72 M |
| Net Income |
$12.48 M |
$15.49 M |
$3.05 M |
$9.66 M |
$3.90 M |
$3.75 M |
-$249,000.00 |
$14,000.00 |
-$10.42 M |
-$26.51 M |
| Net Income Ratio |
0.21 |
0.33 |
0.12 |
0.37 |
0.15 |
0.16 |
-0.01 |
0 |
-0.6 |
-1.87 |
| EPS |
0.34 |
0.43 |
0.0861 |
0.32 |
0.14 |
0.13 |
-0.0087 |
0.0005 |
-0.37 |
-0.94 |
| EPS Diluted |
0.33 |
0.42 |
0.0827 |
0.3 |
0.13 |
0.13 |
-0.0087 |
0.0005 |
-0.37 |
-0.94 |
| Weighted Average Shares
Out |
$36.68 M
|
$36.02 M
|
$35.46 M
|
$30.20 M
|
$28.66 M
|
$28.58 M
|
$28.47 M
|
$28.40 M
|
$28.16 M
|
$28.17 M
|
| Weighted Average Shares
Out Diluted |
$37.59 M
|
$37.10 M
|
$36.90 M
|
$32.71 M
|
$29.27 M
|
$28.89 M
|
$28.47 M
|
$28.43 M
|
$28.25 M
|
$28.17 M
|
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