HGBL Financials 07/15/2014 20:29:45 Heritage Glob
Post# of 12
Heritage Global Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 8,892 14,128 17,238 3,266
Cost of Revenue 2,614 7,051 8,328 2,190
Gross Profit 6,278 7,077 8,910 1,076
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 9,943 11,146 6,508 3,232
Non-Recurring Items - - - 173
Other 472 407 2 -
Operating Income (2,937) (2,453) 4,583 (2,156)
Income From Continuing Operations
Add'l Income/Expense Items - 64 30 (55)
Earnings Before Interest and Tax (2,937) (2,389) 4,613 5,202
Interest Expense 556 290 245 336
Earnings Before Tax (3,493) (2,679) 4,368 4,866
Income Tax 3,029 (978) (26,317) (1,318)
Minority Interest - - - 1,385
Equity Earnings Unconsolidated Subsidiary 1,326 1,911 2,211 7,616
Net Income Cont. Operations (5,196) 210 32,896 12,415
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (6,396) (1,813) 30,713 4,829
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (6,396) (1,813) 30,713 4,829