HG Holdings, Inc.
STLYOTCReal Estate · Real Estate Investment Trusts · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $14.7M | $11.5M | $11.1M | $14.5M | $2.4M | $0 |
| Operating income | — | — | — | — | — | −$1.3M |
| Net income | $1.5M | −$239,000 | −$822,000 | $3.7M | $2.8M | $63,000 |
| Total assets | $50.7M | $42.2M | $41.9M | $41.1M | $38.9M | $27.0M |
| Total liabilities | $9.1M | $10.4M | $9.5M | $7.7M | $9.3M | $306,000 |
| Equity | $41.7M | $32.0M | $32.4M | $33.3M | $29.6M | $26.7M |
| EPS (diluted) | $0.39 | $-0.08 | $-0.29 | $1.31 | $0.96 | $0.00 |
| Shares out. | 2.8M | 2.9M | 2.9M | 2.9M | 34.4M | 14.9M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- —
- Net margin
- 10.4%
- Return on equity
- 3.7%
- Return on assets
- 3.0%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 18.0%
- Debt / equity
- 0.22×
- Book value / share
- $14.82
- Revenue growth (YoY)
- 28.0%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Accruals / assets
- 1.3%clean
- Piotroski F-Score
- 6/7mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 severe● 4 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗May 2, 2023
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Hale Partnership Capital Management, LlcActivist (13D)Dec 12, 2025
- Solas Capital Management, LlcPassive (13G)Apr 28, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Solas Capital Management, Llc10% owner | Mar 30, 2026 | Sell | 60,240 | $4.75 |
| Hale Partnership Capital Management, Llc10% owner | Dec 10, 2025 | D | 97,678 | $4.25 |
| Hale Partnership Capital Management, Llc10% owner | Apr 21, 2025 | Buy | 847,428 | — |
| Solas Capital Management, Llc10% owner | Apr 21, 2025 | Sell | 402,322 | $7.80 |
| Sherman Peter MarkDirector | Dec 14, 2022 | Buy | 503 | $8.35 |
| Sherman Peter MarkDirector | Dec 8, 2022 | Buy | 500 | $8.05 |
| Sherman Peter MarkDirector | Nov 29, 2022 | Buy | 100 | $7.49 |
| Hale Partnership Capital Management, Llc10% owner | Dec 15, 2021 | Buy | 100 | $10.15 |
| Sherman Peter MarkDirector | Dec 10, 2021 | Buy | 800 | $10.10 |
| Hale Partnership Capital Management, Llc10% owner | Dec 8, 2021 | Buy | 500 | $10.10 |
| Hale Partnership Capital Management, Llc10% owner | Dec 1, 2021 | Buy | 1,000 | $9.90 |
| Hale Partnership Capital Management, Llc10% owner | Nov 26, 2021 | Buy | 800 | $10.05 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| Apr 15, 2026 | 10 | 1.0 | 0.0% |
| Mar 31, 2026 | 10 | 1.0 | +100.0% |
| Feb 27, 2026 | 56 | 1.0 | +100.0% |
| Jan 30, 2026 | 15 | 1.0 | -54.5% |
| Jan 15, 2026 | 33 | 1.0 | 0.0% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Changed auditorNov 3, 2025
- Amended charter or bylaws · Shareholder voteSep 3, 2025
- Amended charter or bylaws · Shareholder voteJun 30, 2025
- Entered a material agreement · Unregistered equity sale · Change in controlApr 23, 2025
- Shareholder voteJul 17, 2024
- Director / officer changeJun 6, 2024
- Other material eventMay 17, 2024
- Changed auditorOct 17, 2023
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 10-QFORM 10-QMay 13, 2026
- 4PRIMARY DOCUMENTMar 31, 2026
- 10-KFORM 10-KMar 27, 2026
- 4PRIMARY DOCUMENTDec 12, 2025
- SCHEDULE 13D/ADec 12, 2025
- 10-QFORM 10-QNov 13, 2025
- 8-KFORM 8-KNov 3, 2025
- 8-KFORM 8-KSep 3, 2025
- 10-QFORM 10-QAug 13, 2025
- DEF 14CFORM DEF 14CAug 8, 2025
- PRE 14CFORM PRE 14CJul 29, 2025
- 8-KFORM 8-KJun 30, 2025
- 10-QFORM 10-QMay 14, 2025
- DEF 14AFORM DEF 14AMay 13, 2025
- SCHEDULE 13D/AMay 13, 2025
Event-driven situations (2)
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