Welcome to our dedicated page for Heritage Global news (Ticker: HGBL), a resource for investors and traders seeking the latest updates and insights on Heritage Global stock.
Heritage Global Inc. reports on an asset-services business that values and monetizes industrial and financial assets through acquisition, disposition, valuation, brokerage and lending services for surplus and distressed assets. The company operates through Industrial Assets and Financial Assets business units, including Heritage Global Partners for auctions, liquidation and asset advisory work, Heritage Global Valuations for commercial and industrial appraisals, and National Loan Exchange for charged-off and nonperforming asset portfolios.
Recurring company updates include quarterly results, share repurchase activity, asset auctions, valuation and advisory appointments, facility investments, and completed acquisitions such as DebtX, which expands loan-portfolio advisory and secondary-market services within the Financial Assets division.
Heritage Global (NASDAQ: HGBL) reported Q1 2026 results for the quarter ended March 31, 2026: revenue $12.7M, operating income $1.0M, net income $0.7M ($0.02 diluted), EBITDA $1.2M and Adjusted EBITDA $1.4M. Net working capital was $11.6M at March 31, 2026. The company repurchased 106,799 shares for $0.1M and completed the acquisition of DebtX, which underperformed in Q1 but is expected to stabilize in Q2. Management will host a webcast and conference call on May 7, 2026 at 5:00 p.m. ET.
Heritage Global (NASDAQ: HGBL) will release first quarter 2026 financial results after market close on Thursday, May 7, 2026. Management will host a webcast and conference call that day at 5:00 p.m. ET to discuss results.
Dial-in numbers, a conference ID (HGBLQ1), and a webcast link are provided for live participation. A replay will be available through May 21, 2026, with telephone replay access and a webcast replay on the company Investor Relations site.
Heritage Global Valuations (NASDAQ: HGBL) announced on April 2, 2026 the appointment of Elise DiBenedetto as Director of Business Development. Based in the Northeast, she will expand relationships with restructuring, lending, and professional services firms to support valuation and asset advisory services in complex liquidity and monetization situations.
The hire underscores HGV’s investment in senior business development talent and its focus on serving financial institutions, private equity, restructuring advisors, and corporate clients across Industrial and Financial Assets business units.
Heritage Global (NASDAQ: HGBL) promoted Tom Ludwig to President of National Loan Exchange (NLEX), approved at the March board meeting.
Mr. Ludwig brings nearly two decades at NLEX, experience across legal, compliance, and operations, and involvement in thousands of portfolio sales totaling billions in face value. NLEX reports 6,000+ sales and $250 billion in transactions over 25 years.
Heritage Global (NASDAQ: HGBL) reported 2025 revenue of $50.98 million, up about 12% from $45.36 million in 2024, with net income of $3.59 million ($0.10 diluted EPS). Adjusted EBITDA was $7.08 million.
Fourth-quarter revenue rose to $11.9 million, with Q4 net income of $0.3 million. The company announced the post-year-end acquisition of substantially all assets of The Debt Exchange (DebtX) to expand its financial assets platform.
Heritage Global Partners (NASDAQ: HGBL) opened a new 18,000-square-foot headquarters in San Diego on March 2, 2026, consolidating two prior sites into a single Sorrento Valley campus. Acquired in February 2025, the redesigned facility more than doubles combined office and warehouse space to support growth in BioPharma and Aerospace.
The site centralizes corporate and warehouse operations, houses the public parent’s headquarters, and was developed with Ware Malcomb, JLL, and Hyphn to increase operating efficiency and client service capacity.
Heritage Global Partners (NASDAQ: HGBL) and Prestige Auctions will hold a complete plant closure online auction for National Oilwell Varco’s Dayton facility on March 12, 2026 at 11:00 a.m. ET. Assets include late-model CNC machining, fabrication, inspection, finishing, tooling, forklifts, and plant support equipment.
Inspections are available March 11, 2026 or by appointment; pre-auction offers are being accepted on select major assets.
Heritage Global (NASDAQ: HGBL) will release fourth quarter and year‑end 2025 financial results after market close on Thursday, March 12, 2026. Management will host a webcast and conference call the same day at 5:00 p.m. ET to discuss results.
Analysts and investors can join via dial‑in or webcast; a replay will be available through March 26, 2026 with replay PIN 11161063.
Heritage Global (NASDAQ: HGBL) announced that its subsidiary Heritage DebtX LLC acquired substantially all assets of The Debt Exchange, Inc. (DebtX) in an all-cash transaction valued at approximately $8.5 million, contractually effective January 1, 2026.
The acquisition adds a 20+-year loan-sale and valuation platform, proprietary market-transaction data, and end-to-end loan-sale execution to Heritage Global’s Financial Assets division. Management said the deal is expected to be accretive in calendar 2026 with possible quarter-to-quarter variability.
Heritage Global Partners (NASDAQ: HGBL) was appointed by the U.S. Bankruptcy Court to auction brewing and restaurant equipment from nine former Iron Hill Brewery & Restaurant locations as part of the Chapter 7 case for Iron Hill Brewery LLC (D.N.J., Case No. 1:25-bk-20476).
Bidding opens Dec 2, 2025 at 7:00 a.m. ET and closes Dec 4, 2025 at 10:00 a.m. ET. Assets include multiple 10 & 15 BBL brewhouses, fermentation and horizontal tanks, commercial kitchen and bar equipment, and dining furnishings; real estate is excluded. Removal is scheduled Dec 8–19, 2025.