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02.04.26 - 20:06
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Heritage Global Valuations Appoints Elise DiBenedetto as Director of Business Development (Business Wire)
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SAN DIEGO--(BUSINESS WIRE)--Heritage Global Valuations (“HGV”), a division of Heritage Global Inc. (NASDAQ: HGBL), a leading appraisal and liquidation firm, today announced the appointment of Elise DiBenedetto as Director of Business Development. Based in the Northeast, she will focus on expanding relationships across the restructuring, lending, and professional services sectors.
In her role, DiBenedetto will be responsible for developing and strengthening relationships with financial institutions, private equity firms, restructuring advisors, and corporate clients. She will support HGV's delivery of valuation and asset advisory services in complex situations involving liquidity needs, restructurings, and asset monetization.
DiBenedetto brings a background in business development and client engagement within the financial, professional services, and corporate sectors. Her career spans both operating and advisory environments, including leadership roles within operating companies overseeing FP&A and t...
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26.03.26 - 21:09
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Heritage Global Inc. Appoints Tom Ludwig as President of National Loan Exchange (Business Wire)
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SAN DIEGO--(BUSINESS WIRE)--Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today announced the promotion of Tom Ludwig to President of National Loan Exchange, Inc. (“NLEX”), a subsidiary of Heritage Global Inc. His appointment was approved at the Company's March board meeting in San Diego.
Mr. Ludwig previously served as Compliance & Privacy Officer, Executive Vice President, and Counsel of NLEX. In his expanded role, he will oversee strategic direction, operations, and continued growth initiatives for NLEX, a leading loan sale advisor focused on charged-off and nonperforming asset portfolios.
Mr. Ludwig brings nearly two decades of experience with NLEX, where he has held leadership roles spanning legal, compliance, operations, and corporate strategy. He has been involved in thousands of portfolio sales representing billions of dollars in face value and has played a key ...
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12.03.26 - 21:06
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Heritage Global Inc. Reports Fourth Quarter and Year-End 2025 Results (Business Wire)
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12% revenue growth for the year with continued profitability and cash generation
Executing on M&A strategy with recent acquisition of The Debt Exchange subsequent to year end
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today reported financial results for the fourth quarter and year ended December 31, 2025.
Fourth Quarter and Year-End 2025 Summary of Financial Results (unaudited):
($ in thousands, except per share amounts)
Three Months Ended
December 31,
Year Ended
December 31,
2025
2024
2025
2024
Revenue
$
11,855
$
10,767
$
50,978
$
45,361
Operating income
$
775
$
1,485
$
5,711
$
9,066
Net income
$
301
$
(203
)
$
3,587
$
5,182
Net income per share – diluted
$
0.01
$
(0.01
)
$
0.10
$
0.14
(Non-GAAP Financial Measures) (1)
EBITDA
$
891
$
1,636
$
6,183
$
9,657
Ad...
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12.02.26 - 22:03
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Heritage Global to Announce Fourth Quarter and Year-End 2025 Results and Host Webcast on Thursday, March 12, 2026 (Business Wire)
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SAN DIEGO--(BUSINESS WIRE)--Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today announced that the Company will release its fourth quarter and year-end 2025 financial results after the market closes on Thursday, March 12, 2026.
Webcast and Earnings Conference Call
Management will host a webcast and conference call on Thursday, March 12, 2026, at 5:00 p.m. ET to discuss financial results for the fourth quarter and year-end 2025. Analysts and investors may participate via conference call, using the following dial-in information:
1-800-274-8461 (Domestic)
1-203-518-9814 (International)
Conference ID: HGBLQ4
To access the webcast, individuals can use this link. The conference call will also be available in the Investor Relations section of the Company's website. To listen to a live broadcast, go to the site or click on the webcast link at least 10 minutes prior to the scheduled...
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12.01.26 - 22:03
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Heritage Global Inc. Acquires The Debt Exchange, Inc. (DebtX) (Business Wire)
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Expands Financial Assets division with acquisition of a leading loan-sale and valuation platformSAN DIEGO--(BUSINESS WIRE)--Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today announced that a wholly owned subsidiary of the Company, Heritage DebtX LLC (“Heritage DebtX”), has acquired substantially all of the assets of The Debt Exchange, Inc. (“DebtX”), in an all-cash transaction valued at approximately $8.5 million. DebtX is a leading full-service loan sale advisor with a more than 20-year history of selling performing and non-performing commercial and industrial, commercial real estate, multifamily, and residential real estate loans. This acquisition, which was contractually effective on January 1, 2026, strengthens Heritage Global's Financial Assets division and expands the Company's presence in the growing secondary loan market.
Founded more than two decades ago...
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06.10.25 - 22:03
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Heritage Global to Announce Third Quarter 2025 Results and Host Webcast on Thursday, November 6, 2025 (Business Wire)
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SAN DIEGO--(BUSINESS WIRE)--Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today announced that the Company will release its third quarter 2025 financial results after the market closes on Thursday, November 6, 2025.
Webcast and Earnings Conference Call
Management will host a webcast and conference call on Thursday, November 6, 2025, at 5:00 p.m. ET to discuss financial results for the third quarter of 2025. Analysts and investors may participate via conference call, using the following dial-in information:
1-800-274-8461 (Domestic)
1-203-518-9814 (International)
Conference ID: HGBLQ3
To access the webcast, individuals can use this link. The conference call will also be available in the Investor Relations section of the Company's website. To listen to a live broadcast, go to the site or click on the webcast link at least 10 minutes prior to the scheduled start time in order ...
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07.07.25 - 22:03
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Heritage Global to Announce Second Quarter 2025 Results and Host Webcast on Thursday, August 7, 2025 (Business Wire)
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SAN DIEGO--(BUSINESS WIRE)--Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today announced that the Company will release its second quarter 2025 financial results after the market closes on Thursday, August 7, 2025.
Webcast and Earnings Conference Call
Management will host a webcast and conference call on Thursday, August 7, 2025, at 5:00 p.m. ET to discuss financial results for the second quarter of 2025. Analysts and investors may participate via conference call, using the following dial-in information:
1-800-343-4136 (Domestic)
1-203-518-9843 (International)
Conference ID: HGBLQ2
To access the webcast, individuals can use this link. The conference call will also be available in the Investor Relations section of the Company's website. To listen to a live broadcast, go to the site or click on the webcast link at least 10 minutes prior to the scheduled start time in order to...
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08.04.25 - 22:03
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Heritage Global to Announce First Quarter 2025 Results and Host Webcast on Thursday, May 8, 2025 (Business Wire)
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SAN DIEGO--(BUSINESS WIRE)--Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today announced that the Company will release its first quarter 2025 financial results after the market closes on Thursday, May 8, 2025.
Webcast and Earnings Conference Call
Management will host a webcast and conference call on Thursday, May 8, 2025, at 5:00 p.m. ET to discuss financial results for the first quarter of 2025. Analysts and investors may participate via conference call, using the following dial-in information:
1-800-274-8461 (Domestic)
1-203-518-9814 (International)
Conference ID: HGBLQ1
To access the webcast, individuals can use this link. The conference call will also be available in the Investor Relations section of the Company's website. To listen to a live broadcast, go to the site or click on the webcast link at least 10 minutes prior to the scheduled start time in order to registe...
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14.03.25 - 14:36
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Heritage Global Capital Appoints Anastasia Suda Executive Managing Director to Lead Specialty Lending Division (Business Wire)
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SAN DIEGO--(BUSINESS WIRE)--Heritage Global Capital (“HGC”), a subsidiary of Heritage Global Inc. (Nasdaq: HGBL), specializing in flexible funding structures for the Accounts Receivable Management “ARM” industry, today announced the appointment of Anastasia Suda as Executive Managing Director, to lead the Company's specialty lending division.
Anastasia Suda joined HGC in 2021 as Finance Manager and has over 22 years of experience in financial market research, corporate governance, and strategic decision-making. A seasoned leader, she has a strong track record of driving operational excellence and fostering collaboration across multiple teams. Prior to joining HGC, she had a distinguished career at S&P Global Market Intelligence from 2002 to 2020 and played a key role in evaluating, extracting, and standardizing corporate financial data for S&P 500 and international companies. She also facilitated coordination of data content policies and operations between S&P Capital IQ, S&P Dow Jones Indices, a...
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13.03.25 - 21:09
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Heritage Global Inc. Reports Fourth Quarter and Year-End 2024 Results (Business Wire)
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Full year 2024 net operating income of $9.1 million
Ended the year with $21.7 million in cash, reinforcing balance sheet strength and providing financial flexibility
Repurchased approximately $2.2 million of common stock during full year 2024
Entering 2025 with strong momentum and a robust pipeline
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today reported financial results for the fourth quarter and year ended December 31, 2024.
Fourth Quarter and Year-End 2024 Summary of Financial Results (unaudited):
($ in thousands, except per share amounts)
Three Months Ended
December 31,
Year Ended
December 31,
2024
2023
2024
2023
Operating income
$
1,485
$
4,555
$
9,066
$
14,319
Net income (loss)
$
(203
)
$
4,890
$
5,182
$
12,475
Net income (loss) per share – diluted
$
(0.01
)
$
0.13
$
0.14
$
0.33
(Non-GAA...
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