Heritage Global Inc. (HGBL) Q4 2025 Earnings Call Transcript
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SA Transcripts158.96K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Heritage Global Inc. (HGBL) Q4 2025 Earnings Call March 12, 2026 5:00 PM EDT Company Participants Ross Dove - President, CEO & DirectorBrian Cobb - Chief Financial Officer Conference Call Participants John Nesbett - Institutional Marketing Services, Inc.Mark Argento - Lake Street Capital Markets, LLC, Research DivisionGeorge Sutton - Craig-Hallum Capital Group LLC, Research Division Presentation Operator Hello, and welcome, everyone, joining today's Heritage Global Inc. Fourth Quarter 2025 and Year-End Conference. [Operator Instructions] Please note this call is being recorded and we are standing by should you need any assistance. It is now my pleasure to turn the meeting over to John Nesbett of IMS Investor Relations. Please go ahead. John NesbettInstitutional Marketing Services, Inc. Thank you, and good afternoon, everyone. Before we begin, I'd like to remind everyone that this conference call contains forward-looking statements based on our current expectations and projections about future events and are subject to change based on various important factors. In light of these risks, uncertainties and assumptions, you should not place undue reliance on these forward-looking statements, which speak only as of the date of this call. For more details on factors that could affect these expectations, please see our filings with the Securities and Exchange Commission. Now I'd like to turn the call over to Heritage Global's Chief Executive Officer, Mr. Ross Dove. Ross, go ahead. Ross DovePresident, CEO & Director Thank you, John, and welcome, everyone, to the call. We're glad to have you. Just a few brief comments before I turn it over to Brian to drill down on the quarter and the year. 2025 is in our rearview mirror. It was a good profitable year with lots of transactions, but just no needle movers. Some years, you want to never end, but there are years where saying goodbye feels more than ready. 2025 felt mostly like we