Liquidity Services

Liquidity Services, Inc. engages in the provision of e-commerce solutions to manage, value, and sell inventory and equipment for business and government clients. It operates through the following business segments: GovDeals, Capital Assets Group (CAG), Retail Supply Chain Group (RSCG), and Machinio. The GovDeals segment provides self-directed service solutions that enable local and state government entities including city, county, and state agencies to sell surplus and salvage assets through the firm's GovDeals marketplace. The CAG segment offers managed and self-directed service solutions to sellers and consists of marketplaces that enable commercial businesses to sell surplus and idle assets. CAG also offers a suite of services that includes surplus management, asset valuation, asset sales, and marketing. The RSCG segment consists of marketplaces that enable corporations located in the U.S. and Canada to sell surplus and salvage consumer goods and retail capital assets. Its services also include returns management, asset recovery, and e-commerce services. The Machinio segment operates a global search engine platform for listing used equipment for sale in the construction, machine tool, transportation, printing, and agriculture sectors. The company was founded by William P. Angrick III, Jaime Mateus-Tique and Benjamin Ronald Brown in November 1999 and is headquartered in Bethesda, MD.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Liquidity Services reports robust Q1 earnings, eyes growth opportunities

Liquidity Services demonstrated resilience in Q1 with strong financial performance despite sector-specific challenges.
The company's diversified segments show promise for future growth and profitability.
Strategic focus on organic growth, acquisitions, and segment expansion positions Liquidity Services for continued success.
Management's guidance for Q2 reflects a proactive approach to navigating market dynamics and sustaining performance.

Liquidity Services reports mixed Q2 results, eyes growth opportunities

Liquidity Services delivered a mixed performance with strong growth in retail and CAG segments but a decline in GovDeals segment GMV.
The company's focus on cash flow generation and share repurchases demonstrates financial discipline.
Management's guidance for the next quarter indicates a positive outlook with expected GMV in the range of $300-330 million.

Liquidity Services achieves record GMV and earnings growth in Q3

Liquidity Services delivered a strong performance in Q3 with record GMV and notable earnings growth.
The company's financial position is solid with significant cash reserves and no financial debt.
While facing challenges in the GovDeals segment, Liquidity Services has opportunities for growth and market expansion.
Overall, Liquidity Services is well-positioned for continued success and profitability in the upcoming quarters.

Liquidity Services achieves record GMV and plans Asia expansion

Liquidity Services delivered strong financial performance, operational efficiency, and segment-wise growth in Q4 2023.
Despite challenges, the company's financial flexibility, strategic investments, and service model position it for long-term success.
Opportunities for growth lie in market expansion, technology enhancements, and geographic diversification into Asia in the coming year.
Navigating challenges and leveraging strengths, Liquidity Services aims for sustained growth and market leadership in the surplus asset management sector.

Liquidity Services reports solid Q1 growth and strategic expansions

Liquidity Services Inc. delivered a strong Q1 performance with notable organic growth and successful market expansions, positioning the company for future success.
Despite challenges in certain segments, the company's strategic initiatives and financial strength offer resilience and growth potential in the upcoming quarters.
Opportunities in new markets and increased market engagement underscore Liquidity Services' ability to capitalize on emerging trends and drive continued growth.
Overall, Liquidity Services' Q1 performance reflects a balanced approach to growth, operational efficiency, and strategic investments for long-term success.

Liquidity Services (LQDT) reports strong Q2 results and optimistic Q3 outlook

Liquidity Services (LQDT) showcased robust performance in Q2 2024 with strong revenue and earnings growth, driven by strategic acquisitions and operational efficiency.
While facing challenges such as rising expenses, the company remains focused on growth opportunities in key business segments and enhancing its platform capabilities.
With a positive outlook for Q3 and a clear strategic direction, LQDT is poised to capitalize on market opportunities and sustain its growth momentum.

Liquidity Services reports record GMV in Q4 2024 earnings call

Liquidity Services delivered strong financial performance in Q4 2024, with record GMV and solid cash flow.
The company's strategic focus on growth, innovation, and sustainability positions it for future success.
Challenges ahead include meeting ambitious revenue targets and navigating market uncertainties.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

BETHESDA, Md., April 02, 2024 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT), a leading global commerce company powering the circular economy, today announced that it expects to report its second quarter fiscal year 2024 results prior to market open on Thursday, May 9, 2024. Bill Angrick, Chairman and CEO, and Jorge Celaya, EVP and CFO, will then host a conference call to review the results at 10:30 AM Eastern Time.

Liquidity Services Announces Second Quarter Fiscal Year 2024 Earnings Conference Call

BETHESDA, Md., March 06, 2024 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ: LQDT), a leading global commerce company powering the circular economy, today announced it is partnering with RemArms, a leading firearms manufacturer, to sell equipment and materials that will result from the scheduled closure of its iconic Ilion, New York manufacturing plant, the longest-operating firearms manufacturing site in the U.S. As part of a strategic move by the company to relocate its manufacturing operations to a modern facility in LaGrange, Georgia, more than 600 arms manufacturing assets are currently available through a series of auctions on AllSurplus.com, the leading online marketplace for surplus business assets.

AllSurplus to Conduct Online Auction of Surplus Equipment and Machinery for Leading Arms Manufacturer in U.S.

More than 1,400 joints of subsea production flowline, pipeline and risers offered for sale through online global platform More than 1,400 joints of subsea production flowline, pipeline and risers offered for sale through online global platform

AllSurplus to Conduct Online Auction of Unused Surplus Line Pipe for Leading Energy Company

Circular economy leader demonstrates commitment to comprehensive, sustainable solutions for a global audience Circular economy leader demonstrates commitment to comprehensive, sustainable solutions for a global audience

Liquidity Services ESG Report Highlights Achievements in Sustainability

Liquidity Services, Inc. (LQDT) Q1 2024 Earnings Call Transcript

GMV Growth led by Public Sector and Industrial Clients Double Digit Growth in Auction Participants Delivers Strong Recovery for Clients

Liquidity Services Announces First Quarter Fiscal Year 2024 Financial Results

London, United Kingdom--(Newsfile Corp. - January 19, 2024) - INFINOX, a globally regulated and recognised broker, became a premium liquidity partner of Your Bourse to elevate IXO Prime liquidity services. INFINOX Partners with Your Bourse to Elevate IXO Prime Liquidity Services To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/10262/194735_50c1d5b584855a12_001full.jpg The collaboration with Your Bourse, a leading provider of ultra-low latency trade execution, risk management, and MT4 Bridge and MT5 Gateway solutions, aims to provide retail brokers with a superior technological package at no extra cost when utilizing Your Bourse's state-of-the-art technology.

INFINOX Partners with Your Bourse to Elevate IXO Prime Liquidity Services

Over 6,000 Refurbished Construction Machinery Assets are Currently Available for Resale Over 6,000 Refurbished Construction Machinery Assets are Currently Available for Resale

XCMG E-Commerce Inc Selects Machinio as Key Partner in Post-Market Program

Acquisition strengthens and accelerates the company's position as the leading online platform for the sale of vehicles, equipment, and surplus assets by government and commercial sellers Acquisition strengthens and accelerates the company's position as the leading online platform for the sale of vehicles, equipment, and surplus assets by government and commercial sellers

Liquidity Services Acquires Sierra Auction, a Leading Auctioneer of Vehicles, Equipment, and Surplus Assets for Government and Commercial Organizations

BETHESDA, Md., Dec. 08, 2023 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ: LQDT; www.liquidityservices.com), a leading global commerce company powering the circular economy with the world's largest online marketplace for business surplus, today made the following announcements with respect to its board of directors consistent with its long-range succession planning.

Liquidity Services Announces Retirement of Phillip A. Clough from its Board of Directors

Liquidity Services, Inc. (NASDAQ:LQDT ) Q4 2023 Earnings Conference Call December 7, 2023 10:30 AM ET Company Participants William Angrick - Chairman & Chief Executive Officer Jorge Celaya - Executive Vice President & Chief Financial Officer Conference Call Participants Gary Prestopino - Barrington Research George Sutton - Craig-Hallum Capital Operator Hello and welcome to Liquidity Services, Inc. Fourth Quarter of Fiscal Year 2023 Financial Results Conference Call. My name is Tawanda and I will be your operator for today's call.

Liquidity Services, Inc. (LQDT) Q4 2023 Earnings Call Transcript

Liquidity Services (NASDAQ: LQDT ) just reported results for the fourth quarter of 2023. Liquidity Services reported earnings per share of 26 cents.

LQDT Stock Earnings: Liquidity Services Misses Revenue for Q4 2023

BETHESDA, Md., Dec. 07, 2023 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT; www.liquidityservices.com), a leading global commerce company powering the circular economy, today announced the following financial results as of the quarter ended September 30, 2023, as compared to the applicable prior year periods:

Liquidity Services Announces Fourth Quarter Fiscal Year 2023 Financial Results

The new facility diverts goods from landfills, offering up to 90% off retail prices on a vast array of high-quality brand-name products INDIANAPOLIS, Nov. 15, 2023 /PRNewswire/ -- As the holiday season gears up, Liquidity Services (NASDAQ: LQDT), a leading global commerce company powering the circular economy, today announced the timely opening of its fourth AllSurplus Deals location nationwide, now in Indianapolis, IN. Consumers can bid to win deeply discounted, high-quality consumer goods using the AllSurplusDeals.com marketplace.

AllSurplus Deals Opens in Indianapolis: Sustainable Year-Round Savings on Electronics, Home Goods, Toys, and More

BETHESDA, Md., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT), a leading global commerce company powering the circular economy, today announced that it expects to report its fourth quarter fiscal year 2023 results prior to market open on Thursday, December 7, 2023. Bill Angrick, Chairman and CEO, and Jorge Celaya, EVP and CFO, will then host a conference call to review the results at 10:30 AM Eastern Time.

Liquidity Services Announces Fourth Quarter Fiscal Year 2023 Earnings Conference Call

The new Pittston-based marketplace offers bargains on overstock and returned consumer goods while promoting a circular economy PITTSTON, Pa. , Sept. 20, 2023 /PRNewswire/ -- Building on momentum from successful marketplaces in Phoenix and Cincinnati, Liquidity Services (NASDAQ: LQDT), a leading global commerce company powering the circular economy, today announced its third AllSurplus Deals location in Pittston, Pennsylvania.

AllSurplus Deals Launches in Northeastern Pennsylvania Offering Consumers Big Savings on Housewares, Appliances and More

BETHESDA, Md., Sept. 15, 2023 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT), a leading global commerce company powering the circular economy, today announced the auction of energy surplus assets in the Alberta, Canada for a leading oil and gas industry partner.

AllSurplus to Conduct Online Auction of Unused Surplus Equipment from Oil Sands and Heavy Oil Operations for Leading Energy Company

Liquidity Services reported impressive quarterly transaction growth and visitor growth in its B2B ecommerce subdivisions. The company offers a trading platform for different players in the circular economy, with operations globally. The balance sheet looks solid, with no debt and a significant amount of cash, making liquidity not an issue in 2023.

Liquidity Services: Risky B2B Ecommerce Player, But Undervalued

Liquidity Services, Inc. (NASDAQ:LQDT ) Q3 2023 Earnings Conference Call August 3, 2023 10:30 AM ET Company Participants William Angrick - Chairman & Chief Executive Officer Jorge Celaya - Executive Vice President & Chief Financial Officer Conference Call Participants Gary Prestopino - Barrington Research George Sutton - Craig-Hallum Operator Welcome to the Liquidity Services, Inc. Third Quarter of Fiscal Year 2023 Financial Results Conference Call. My name is Felicia Crabtree, and I will be your operator for today's call.

Liquidity Services, Inc. (LQDT) Q3 2023 Earnings Call Transcript

BETHESDA, Md., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT; www.liquidityservices.com), a leading global commerce company powering the circular economy, today announced the following financial results as of the quarter ended June 30, 2023, as compared to the applicable prior year periods: Gross Merchandise Volume (GMV) of $334.0 million, up 3%, and Revenue of $80.8 million, up 16% GAAP Net Income of $6.5 million1 and GAAP Diluted Earnings Per Share (EPS) of $0.211 Non-GAAP Adjusted EBITDA of $13.3 million, up $1.5 million, and Non-GAAP Adjusted Diluted EPS of $0.28, up $0.07 Cash balances of $105.9 million2 with zero financial debt; $4.2 million of share repurchases during the quarter "We achieved record GMV during the quarter driven by strong execution for our clients and market share gains from our investments in sales and marketing.

Liquidity Services Announces Third Quarter Fiscal Year 2023 Financial Results

BETHESDA, Md., July 03, 2023 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT), a leading global commerce company powering the circular economy, today announced that it expects to report its third quarter fiscal year 2023 results prior to market open on Thursday, August 3, 2023. Bill Angrick, Chairman and CEO, and Jorge Celaya, EVP and CFO, will then host a conference call to review the results at 10:30 AM Eastern Time.

Liquidity Services Announces Third Quarter Fiscal Year 2023 Earnings Conference Call

BETHESDA, Md., June 14, 2023 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT), a leading global commerce company powering the circular economy, today announced that Bill Angrick, Co-Founder, Chairman, and CEO, will present at the 13th Annual East Coast IDEAS Conference on June 21, 2023, with one-on-one meetings throughout the day. The presentation by Mr. Angrick will be available for viewing on the IDEAS conference page beginning at 6:00 am ET, with a playback available through the Liquidity Services Investor page following the event.

Liquidity Services to Present at the 13th Annual East Coast IDEAS Conference

BETHESDA, Md., June 07, 2023 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT), a leading global commerce company powering the circular economy, today announced that Bill Angrick, Co-Founder, Chairman, and CEO, and Jorge Celaya, Executive Vice President and CFO will present at the Oppenheimer 23rd Annual Consumer Growth and E-Commerce Conference on June 13, 2023 at 3:45 pm ET. Throughout the day, the company will also be available for one-on-one meetings.

Liquidity Services to Present at the Oppenheimer 23rd Annual Consumer Growth and E-Commerce Conference

Circular economy leader demonstrates commitment to circular commerce solutions for a global community. Circular economy leader demonstrates commitment to circular commerce solutions for a global community.

Liquidity Services Releases Annual ESG Report

BETHESDA, Md., May 31, 2023 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT), a leading global commerce company powering the circular economy, today announced that Bill Angrick, Co-Founder, Chairman, and CEO, and Jorge Celaya, Executive Vice President and CFO will present at the 2023 Baird Global Consumer, Technology & Services Conference on June 6, 2023 at 4:20 pm ET at the Intercontinental New York Barclay in New York, NY. Throughout the day, the company will also be available for one-on-one meetings.

News for Liquidity Services Stock (LQDT)