
HG Holdings 2025 10-K: Revenue $14.7M; loss before taxes $(1.07) M

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HG Holdings reported a revenue of $14.736 million for 2025, an increase of $3.223 million from 2024, despite a loss before income taxes of $(1.071) million due to high operating expenses and an effective tax rate of 255.6%. Gross profit rose to $14.251 million, aided by favorable reserve development. Key highlights include a new services agreement with HP Risk, expected to generate $6 million annually, and a strategic investment in ACMAT. The company restructured its segments for better oversight and saw a modest increase in title claim reserves.
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