Heritage Global Inc. · NASDAQ:HGBL
Heritage Global — Investor Presentation (September 2021)
12 slides from Heritage Global's investor presentation, September 2021
Slide 1: Investor Presentation September 2021
An Asset Services company specializing in financial and industrial asset transactions Investor Presentation September 2021
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 Lender to Buyers of Charged-Off Portfolios Financial Assets Auctioneer of machinery, equipment, Industrial Assets industrial factories Appraiser of mach
Slide 4: Financial Asset Services
FINANCIAL ASSET SERVICES BROKERAGE SECURED LENDING 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 buyers of char
Slide 5: Industrial Asset Services
INDUSTRIAL ASSET SERVICES AUCTIONS VALUATIONS 1 Services 1 Services Heritage Global Partners (“HGP”) is a full service, global Industrial and wholesale inventory/equipment valuations to auction and asset advisory firm assist financial institutions in making lending decisions 2 Differentiating Factor
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 Post COVID-19 industrial manufacturing No debt and $20 million of dry powder landscape will increase surplus asset flows Lenders increasingly releasing Good visibility on forward flow ramp up nonperforming loan assets across Financial Assets segmen
Slide 8: Financial Performance
FINANCIAL PERFORMANCE Profitability 2021 Year to Date Strong Balance Sheet • Proven track record of profitability • Profitable despite decreased asset flow in • Attractive margin profile Q2 • $78M NOL carry forwards3 • Pipeline is robust • Expect increased asset flow and improved ($000s) financial r
Slide 9: Appendix
Appendix
Slide 10: Reconciliations of Non-GAAP Measures
RECONCILIATIONS OF NON-GAAP MEASURES Reconciliation of EBITDA and Adjusted EBITDA (Non-GAAP Measures)19 ($ thousands) 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 4Q20 2017 2018 2019 2020 Net Income $1,289 $1,685 $369 $408 $612 $1,494 $1,216 $577 $38 $2,039 $1,264 $6,317 ($249) $3,751 $3,8
Slide 11: Reconciliations of Non-GAAP Measures
RECONCILIATIONS OF NON-GAAP MEASURES Reconciliation of EBITDA and Adjusted EBITDA (Non-GAAP Measures)19 ($ thousands) Three Months Ended Six Months Ended June 30, June 30, 2021 2020 2021 2020 Net income $ 587 $ 2,039 $ 1,619 $ 2,077 Add back: Depreciation and amortization 98 90 189 180 Interest and
Slide 12: Ross Dove, CEO
Ross Dove, CEO rdove@hginc.com
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