Heritage Global Inc. · NASDAQ:HGBL
Heritage Global — Investor Presentation (December 2022)
13 slides from Heritage Global's investor presentation, December 2022
Slide 1: Leader in Valuing and Monetizing Industrial & Financial Assets
Leader in Valuing and Monetizing Industrial & Financial Assets Investor Presentation NASDAQ: HGBL
Slide 2: Forward Looking Statements
Forward Looking Statements NASDAQ: HGBL 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
Slide 3: Who We Are
Who We Are NASDAQ: HGBL Heritage Global Inc. (“HG”) values and monetizes industrial & financial assets by providing acquisition, disposition, valuation, and lending services for surplus and distressed assets through its two business units: • Industrial Assets • Financial Assets Specialties consist o
Slide 4: Two Divisions with Multiple Revenue Streams
Two Divisions with Multiple Revenue Streams NASDAQ: HGBL Heritage Global Inc. (“HG”) is a renowned asset-based market maker which provides result driven solutions to industrial & financial institutions through its two main business units: Industrial Assets and Financial Assets. AUCTIONS BROKERAGE Au
Slide 5: Pioneer in Advancing the Circular Economy
Pioneer in Advancing the Circular Economy NASDAQ: HGBL We facilitate the circular economy by diverting useful industrial assets from landfills and operate an ethical supply chain by overseeing post-sale account activity of financial assets. Maximum monetization with minimum environmental impact. Cli
Slide 6: Creating Shareholder Value
Creating Shareholder Value NASDAQ: HGBL M&E Real Estate Operating Cashflows ROI $ Strategic Partners Available Capital 25%+ ROCE Target $10M Credit Line $200M Committed Capital Repurchase Program Loans M&A 6 Heritage Global Inc. | www.hginc.com
Slide 7: Positioned to Grow in All Cycles
Positioned to Grow in All Cycles NASDAQ: HGBL Macro Headwinds CREATE HGBL Tailwinds • Recession • Principal Deal Spreads • Premium prices for used • Wider spreads on distressed assets equipment in current supply chain • Specialty Lending • Flattening Yield Curve • Growth in alternative lending • Pre
Slide 8: Reasons to Buy HGBL Now
Reasons to Buy HGBL Now NASDAQ: HGBL Growth Valuation/Financials • Post pandemic industrial HGBL • Attractive upside at current valuation manufacturing landscape will based upon anticipated increase surplus asset flows. revenue/profit growth. • Rising consumer spending and • Consistently profitable
Slide 9: Reasons to Buy HGBL for the Future
Reasons to Buy HGBL for the Future NASDAQ: HGBL Extended Industry Relationships Recent contract extensions with 2 of HGBL‘s largest partners from the Pharmaceutical Industry Long-term Capital Base Increased funding facility with existing senior lender from $80M to $200M for an additional 3 years, th
Slide 10: Appendix
Appendix Legacy of Asset Solutions
Slide 11: Financial Performance
Financial Performance NASDAQ: HGBL Profitability 2022 Year-to-Date Balance Sheet • Industry shift to circularity driving new As of 9.30.22 • Proven track record of profitability opportunities in surplus asset recycling • Attractive margin profile • Current market dynamics expected to Cash & Cash Equ
Slide 12: Reconciliations of Non-GAAP Measures
Reconciliations of Non-GAAP Measures NASDAQ: HGBL Reconciliation of EBITDA and Adjusted EBITDA (Non-GAAP Measures)1 Nine Months Ended ($ thousands) September 30, 2022 2021 Net income $ 5,523 $ 2,093 Add back: Depreciation and amortization 400 294 Interest and other expense, net 96 (6) Income tax ben
Slide 13: Ross Dove, CEO
Ross Dove, CEO rdove@hginc.com Legacy of Asset Solutions
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