Heritage Global Inc Stock Price, News & Analysis

Heritage Global Partners (NASDAQ: HGBL) was appointed by the U.S. Bankruptcy Court (Case No. 1:25-bk-11516) to conduct a court-ordered online auction of more than $4 million of brand-new and returned inventory from Seraphine USA, Inc.

The auction is open for bidding now and concludes on December 10, 2025 at 11:00 AM ET. Inventory categories include underwear, activewear, dresses, tops, pants, jumpsuits, sweaters, coats, skirts, accessories, and more. Stock is stored in a U.S. distribution center and will be released after sale completion.

Heritage Global (NASDAQ: HGBL) reported third quarter 2025 results on November 6, 2025. Q3 operating income was $1.3M; net income was $0.6M or $0.02 diluted EPS. Q3 EBITDA was $1.421M and Adjusted EBITDA was $1.625M. For the nine months ended September 30, 2025, operating income was $4.936M, net income was $3.286M, EBITDA was $5.292M, and Adjusted EBITDA was $6.004M.

The company reported net working capital of $17.9M at September 30, 2025. Management noted transaction activity skewed to smaller auctions and said M&A is a focus going forward. A webcast and conference call were scheduled for November 6, 2025 at 5:00 p.m. ET.

Heritage Global (NASDAQ: HGBL) will release its third quarter 2025 financial results after the market close on Thursday, November 6, 2025. Management will host a webcast and conference call the same day at 5:00 p.m. ET to discuss results. Analysts and investors may join via domestic dial-in 1-800-274-8461, international dial-in 1-203-518-9814 (Conference ID: HGBLQ3), or the webcast link on the company Investor Relations website.

A live webcast is accessible from the IR site (arrive 10 minutes early to register). A replay will be available about three hours after the call ends through November 20, 2025 via replay dial-ins 1-844-512-2921 (domestic) and 1-412-317-6671 (international) using pin 11160164, and via the IR webcast replay.

Heritage Global Partners (NASDAQ: HGBL), a leading asset advisory and auction services company, has been appointed by the U.S. Bankruptcy Court for the District of Delaware to conduct an online auction of CaaStle, Inc.'s assets. The auction, scheduled for September 8-9, 2025, will feature commercial laundry equipment and premium branded clothing inventory.

The sale includes high-value assets such as Realstar dry cleaning systems, Wascomat commercial washing machines and dryers, Leonard steam tunnel systems, warehouse infrastructure, and premium apparel inventory from brands like Ralph Lauren, Ba&sh, Maje, Ann Taylor, and Banana Republic. The auction targets secondary market retailers, commercial laundry operators, 3PL/logistics providers, and apparel resellers.

Heritage Global (NASDAQ: HGBL), an asset services company, reported its Q2 2025 financial results with operating income of $2.2 million, down from $3.5 million in Q2 2024. The company posted net income of $1.6 million ($0.05 per diluted share), compared to $2.5 million ($0.07 per diluted share) in the prior-year quarter.

Notable developments include the repurchase of 744,424 shares for $1.6 million during Q2 2025, at an average cost of $2.13 per share. The Board authorized a new $7.5 million share repurchase program through June 2028. The company's net working capital decreased to $16.4 million, primarily due to headquarters acquisition, share repurchases, and investment in a pharmaceutical plant.

Heritage Global (NASDAQ: HGBL), an asset services company focused on financial and industrial asset transactions, has scheduled its second quarter 2025 financial results announcement for Thursday, August 7, 2025, after market close.

The company will host a conference call and webcast at 5:00 p.m. ET on the same day. Investors can join via phone using dial-in numbers 1-800-343-4136 (Domestic) or 1-203-518-9843 (International) with Conference ID: HGBLQ2. A replay will be available until August 21, 2025.

Heritage Global Inc. (NASDAQ: HGBL) reported its Q1 2025 financial results, showing continued profitability despite year-over-year declines. The company posted net income of $1.1 million ($0.03 per diluted share), down from $1.8 million ($0.05 per diluted share) in Q1 2024. Operating income decreased to $1.4 million from $2.6 million, while Adjusted EBITDA fell to $1.8 million from $2.9 million. The company maintained a strong balance sheet with net working capital of $14.7 million. During Q1, Heritage Global actively repurchased 490,651 shares for $1.0 million at an average cost of $2.12 per share. The company also made strategic moves, including acquiring a new corporate headquarters and investing in a pharmaceutical plant in Huntsville, Alabama. Management expressed confidence in sequential improvement for Q2 and a strong 2025 outlook, citing increased equipment auctions and growth in charged-off credit cards and non-performing consumer loans.

Heritage Global (NASDAQ: HGBL), an asset services company focused on financial and industrial asset transactions, has scheduled its first quarter 2025 financial results announcement for Thursday, May 8, 2025, after market close.

The company will host a webcast and conference call at 5:00 p.m. ET on the same day to discuss the Q1 2025 results. Investors can join via phone using 1-800-274-8461 (Domestic) or 1-203-518-9814 (International) with Conference ID: HGBLQ1. A replay will be available until May 22, 2025, through 1-844-512-2921 (domestic) or 1-412-317-6671 (international) with pin 11158642.

Heritage Global Capital (HGC), a subsidiary of Heritage Global Inc. (NASDAQ: HGBL), has appointed Anastasia Suda as Executive Managing Director to lead its specialty lending division. Suda, who joined HGC in 2021 as Finance Manager, brings over 22 years of experience in financial market research, corporate governance, and strategic decision-making.

Prior to HGC, Suda had an 18-year career at S&P Global Market Intelligence (2002-2020), where she evaluated corporate financial data for S&P 500 and international companies. She also coordinated data content policies between S&P Capital IQ, S&P Dow Jones Indices, and Morgan Stanley Capital International. Suda graduated with distinction from the University of Colorado with a finance degree.