other material
confidence high
sentiment positive
materiality 0.60
HG Holdings files NCTG/TAV financials; H1 2021 net income $587K vs $64K YoY
HG Holdings, Inc.
- NCTG unaudited net income for six months ended June 30, 2021, was $587K, up from $64K in H1 2020.
- NCTG equity-method earnings from TAV were $390K in H1 2021 vs $43K in H1 2020.
- Full-year 2020 NCTG net income $487,605; TAV revenue $5.8M, net income $651K.
- TAV (Omega National Title Agency) operates 10 Florida title agency locations.
- HG Holdings now sole owner of TAV after purchasing remaining 50% for $2.2M (previously announced).