3/14/2024

speaker
Operator
Conference Operator

Ladies and gentlemen, greetings and welcome to the Heritage Global fourth quarter and year-end 2023 earnings conference call. At this time, all participants are in a listen-only mode. A brief question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, John Nesbitt, with IMS Investor Relations. Please go ahead.

speaker
John Nesbitt
Head of Investor Relations, IMS Investor Relations

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. We 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 Duff. Ross?

speaker
Ross Duff
Chief Executive Officer

Thank you, John. Good evening, and thank you all for joining. This is a fun one. Even as a perennial optimist, this quarter exceeded my expectations. With us blowing by the $4 million goals, For Q4, with $4.6 million in operating income, it brought our annual NOI past $14 million. I will soon turn the call over to Brian in a moment to give you the details in depth. Then I'll come back and try to add some color on how and why and where we're headed. When I was 12 and brought home a not-so-typical straight-A report card, my mother, Zelda, sat at the kitchen table. He opened it up and said, now, kid, can you just keep doing this? Well, that's my goal here at Heritage Global.

Disclaimer

This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

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