Heritage Global Inc. · NASDAQ:HGBL
Heritage Global — Investor Presentation (March 2022)
11 slides from Heritage Global's investor presentation, March 2022
Slide 1: Investor Presentation
An Asset Services company specializing in financial and industrial asset transactions Investor Presentation March 2022
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 (NLEX) SECURED LENDING (HGC) 1 Services 1 Services Heritage National Loan Exchange (“NLEX”) is a loan sale Heritage Global Capital (“HGC”) provides specialty financing advisor of charged-off and nonperforming asset portfolios via solutions to average volume debt bu
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 Heritage Global Valuations (“HGV”) is an American Laboratory Trading (“ALT”) is one of service, global auction and asset advisory fi
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 2021 Strong Balance Sheet • Operating income impacted by lower • Proven track record of profitability volume during the year • Attractive margin profile • Sequential growth in operating income • $78M NOL carry forwards2 from Q2 through Q4 • Pipeline is robust ($00
Slide 9: Appendix
Appendix
Slide 10: Reconciliations of Non-GAAP Measures
RECONCILIATIONS OF NON-GAAP MEASURES Reconciliation of EBITDA and Adjusted EBITDA (Non-GAAP Measures)19 ($ thousands) 2018 2019 2020 2021 Net Income $3,751 $3,899 $9,658 $3,053 Add back: Depreciation & amortization 319 305 362 460 Interest & other expense, net 214 64 45 22 Income tax expense (benefi
Slide 11: Ross Dove, CEO
Ross Dove, CEO rdove@hginc.com