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: What's Next
What’s Next NASDAQ: HGBL • Improve balance sheet strength and free cash for • Balanced but flexible allocation of available capital among opportunistic investments such as industrial asset specialty lending, M&A, share repurchase and purchases and real estate acquisitions opportunistic investments •
Slide 6: 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 7: Positioned to Grow in Expanding & Contracting Economic Times
Positioned to Grow in Expanding & Contracting Economic Times NASDAQ: HGBL Industrial Financial Contracting Contracting • Economic pressure on lenders for distressed • Consumer defaults rise and create increased businesses charge-offs • Layoffs and right-sizing lead to surplus assets • Sub prime loan
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 UILT Recent contract extensions with 2 of B HGBL‘s largest partners from the Pharmaceutical Industry Long-term Capital Base Increased funding facility with existing senior lender from $80M to $200M for an additional 3 ye
Slide 10: Financial Data Summary
Financial Data Summary Legacy of Asset Solutions
Slide 11: Financial Performance
Financial Performance NASDAQ: HGBL Profitability 2024 Year-to-Date Balance Sheet • Current market dynamics expected to As of 06.30.24 • Proven track record of profitability increase volume in Financial Assets business • Attractive margin profile • Robust and growing Industrial Assets pipeline Cash &
Slide 12: Reconciliations of Non-GAAP Measures
Reconciliations of Non-GAAP Measures NASDAQ: HGBL Reconciliation of EBITDA and Adjusted EBITDA (Non-GAAP Measures)1 Six Months Ended ($ thousands) June 30, 2024 2023 Net income $ 4,296 $ 5,608 Add back: Depreciation and amortization 288 241 Interest expense, net 200 169 Income tax expense 1,606 1,21
Slide 13: Ross Dove, CEO
Ross Dove, CEO rdove@hginc.com Legacy of Asset Solutions