Heritage Global Inc. · NASDAQ:HGBL
Heritage Global — Investor Presentation (June 2022)
11 slides from Heritage Global's investor presentation, June 2022
Slide 1: Investor Presentation June 2022
Investor Presentation June 2022 An Asset Services company specializing in financial and industrial asset transactions
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS This communication includes forward-looking statements based on our current expectations and projections about future events. All statements contained in this communication other than statements of historical fact, including any statements regarding our future operating re
Slide 3: 2 Divisions with 5 Revenue Streams
2 Divisions with 5 Revenue Streams Business Function Heritage Global Division Broker of Charged-Off and Non- Financial Assets Performing Portfolios Financial Assets Lender to Buyers of Charged-Off Portfolios Auctioneer of machinery, equipment, Industrial Assets industrial factories Appraiser of mach
Slide 4: Financial Asset Services
FINANCIAL ASSET SERVICES BROKERAGE (NLEX) SECURED LENDING (HGC) 1 Services 1 Services Heritage National Loan Exchange (NLEX) is a loan sale advisor Heritage Global Capital (“HGC”) provides specialty financing of charged-off and nonperforming asset portfolios via an solutions to average volume debt b
Slide 5: Industrial Asset Services
INDUSTRIAL ASSET SERVICES AUCTIONS (HGP) VALUATIONS (HGV) American Laboratory Trading (ALT) 1 Services 1 Services 1 Services Heritage Global Partners (“HGP”) is a full Industrial and wholesale One of the largest suppliers of refurbished lab service, global auction and asset advisory firm inventory/e
Slide 6: Helping Companies Do Well by Doing Good
HELPING COMPANIES DO WELL BY DOING GOOD Heritage Global has played an integral role in the circular economy since its inception. Heritage Global supports sustainability initiatives by diverting useful industrial resources from landfills while helping clients recapture value from idle and surplus ass
Slide 7: Reasons to Buy HGBL Now
REASONS TO BUY HGBL NOW Growth Valuation/Financials Consistently profitable; unique economic Post COVID-19 industrial manufacturing model can thrive in both good and bad landscape will increase surplus asset flows economies Lenders increasingly releasing Good visibility on forward flow ramp up nonpe
Slide 8: Financial Performance
FINANCIAL PERFORMANCE Profitability 2022 Year to Date Strong Balance Sheet • Industry shift to circularity driving new • Proven track record of profitability opportunities in surplus asset recycling • Attractive margin profile • Current market dynamics expected to • $78M NOL carry forwards2 increase
Slide 9: Appendix
Appendix
Slide 10: Reconciliations of Non-GAAP Measures
RECONCILIATIONS OF NON-GAAP MEASURES Reconciliation of EBITDA and Adjusted EBITDA (Non-GAAP Measures)1 Three Months Ended ($ thousands) March 31, 2022 2021 Net income $ 645 $ 1,032 Add back: Depreciation and amortization 133 91 Interest and other expense, net 38 (3) Income tax benefit 192 17 EBITDA
Slide 11: Ross Dove, CEO
Ross Dove, CEO rdove@hginc.com