secwatch.observer — SEC 8-K summary
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Issuer:     HG Holdings, Inc. (STLY)
CIK:        0000797465
Form:       8-K/A
Filed at:   2021-11-18T23:59:59+00:00
Accession:  0001437749-21-027100
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HG Holdings files NCTG/TAV financials; H1 2021 net income $587K vs $64K YoY
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/797465/000143774921027100/0001437749-21-027100-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/797465/000143774921027100/stly20211115_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-027100

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer