HG Holdings Inc
hgholdingsinc.netWhat Do They Do?
Provides title insurance and title-agency, closing and escrow services for residential and commercial property buyers, mortgage lenders and real estate professionals.
10-K for FY2025, filed Mar 27, 2026The Company engages in the business of providing title insurance through its subsidiary, NCTIC, and providing title agency services through…View ↗
Our title insurance segment issues title insurance policies and provides title agency services for residential and commercial real estate…View ↗
The beneficiaries of title insurance policies generally are real estate buyers and mortgage lenders. A title insurance policy indemnifies…View ↗
How Do They Make Money?
Property buyers and mortgage lenders pay title insurance premiums at closing; title-related fees are collected when the service transaction is completed, and management-service fees are collected monthly over the contract term.
10-K for FY2025, filed Mar 27, 2026The beneficiaries of title insurance policies generally are real estate buyers and mortgage lenders. A title insurance policy indemnifies…View ↗
Premiums. The premium for title insurance is typically due and earned in full when the real estate transaction is closed. Premiums…View ↗
Escrow and other title-related fees – The Company’s title insurance segment recognizes commission revenue and fees related to items such as…View ↗
Non-title services – All non-title service fees, such as management fees, are recognized as revenue as performance obligations are…View ↗
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10-K for FY2025, filed Mar 27, 2026
FY2025 revenue by reportable segment ↗
$14.7M
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10-K for FY2025, filed Mar 27, 2026
$14.7M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
The Title Insurance Segment
Sold outright
10-K for FY2025, filed Mar 27, 2026 |
66%
FY2022: 47%
|
The Title Insurance Segment, FY2025
$9.7M Sources
|
Sold outright |
|
Corporate Segment and Other Operating Segment
Recurring
10-K for FY2025, filed Mar 27, 2026 |
34%
FY2022: 0.0%
|
Corporate Segment and Other Operating Segment, FY2025
$5M Sources
|
Recurring |
Who Are Their Customers?
Residential and commercial property buyers and mortgage lenders get title policies and related services through the company’s direct channel and affiliated or independent agents. A real estate broker, lawyer or closer may place the order.
10-K for FY2025, filed Mar 27, 2026The beneficiaries of title insurance policies generally are real estate buyers and mortgage lenders. A title insurance policy indemnifies…View ↗
The Closing Process. In the United States, title insurance is essential to the real estate closing process in most transactions involving…View ↗
Overview. The Company issues a majority of its title insurance policies in Florida, through its home office and through a network of…View ↗
Distribution, Sales and Marketing. We distribute our title insurance policies and related products and services through our direct and…View ↗
10-K for FY2025, filed Mar 27, 2026
For the year ended December 31, 2025, two customers accounted for more than 10% of our total consolidated revenue, with HP Risk and HPMA…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 10 cents of every revenue dollar as net income in FY2025.
10-K for FY2025, filed Mar 27, 2026
How Are They Changing?
10-Q for Q2 FY2026, filed Aug 12, 2026
Open tableView ↗
Growing. Revenue grew 6.1x in 4 years, from $2.4M in FY2021 to $14.7M in FY2025, about 57% a year.
Who Do They Compete With?
Competes with Fidelity National Financial, First American Financial, Old Republic International, Stewart Information Services, Westcor Land Title Insurance, and WFG National Title Insurance
10-K for FY2025, filed Mar 27, 2026Competition. Competition for title insurance, escrow and other title services is based primarily on service, quality, price, customer…View ↗
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