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.

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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

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.

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Two Bell 407GX helicopters now available to the public Two Bell 407GX helicopters now available to the public

Liquidity Services Selected to Sell Two Offshore Oil and Gas Helicopters

Assets to help energy sector meet rising demand amidst tight supply Assets to help energy sector meet rising demand amidst tight supply

Liquidity Services Selected to Auction Assets of Major Oil Pipeline Project

BETHESDA, Md., May 12, 2022 (GLOBE NEWSWIRE) -- Liquidity Services, (Nasdaq:LQDT), a leading global commerce company powering the circular economy, today announced Bill Angrick, Co-Founder, Chairman, and CEO, and Jorge Celaya, Executive Vice President and Chief Financial Officer, will participate in the upcoming Barrington Research Spring Investment Conference on May 19, 2022.

Liquidity Services to Present at the 16th Annual Barrington Research Spring Investment Conference

Liquidity Services, Inc. (NASDAQ:LQDT ) Q2 2022 Earnings Conference Call May 5, 2022 10:30 AM ET Company Participants Bill Angrick - Chairman and Chief Executive Officer Jorge Celaya - Executive Vice President and Chief Financial Officer Conference Call Participants Gary Prestopino - Barrington Research Operator Welcome to Liquidity Services Inc. Second Quarter of Fiscal Year 2022 Financial Results Conference Call. My name is James and I will be your operator for today's call.

Liquidity Services, Inc. (LQDT) CEO Bill Angrick on Q2 2022 Results - Earnings Call Transcript

Record Quarterly GMV Results Fueled by Gains in High Value Equipment and Real Estate Categories $1 Billion Annual GMV Milestone Achieved Driven by a 23% Increase in Registered Buyers

Liquidity Services Announces Second Quarter Fiscal Year 2022 Financial Results

BETHESDA, Md., April 05, 2022 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT), a leading global commerce company powering the circular economy, today announced that it will report the results of its second quarter fiscal year 2022 ended March 31, 2022 on Thursday, May 5, 2022 at 10:30 a.m. Eastern Time. The earnings press release will be distributed prior to market open on the same day. Bill Angrick, Chairman and CEO, and Jorge Celaya, EVP and CFO, will host the earnings event.

Liquidity Services Announces Second Quarter Fiscal Year 2022 Earnings Conference Call

Circular economy leader redeploys valuable surplus assets and diverts millions of tons of returned goods away from landfills. Circular economy leader redeploys valuable surplus assets and diverts millions of tons of returned goods away from landfills.

Liquidity Services' Annual ESG Report Unveils Achievements in Sustainability

The company pledges to match all community contributions to Mercy Corps and directly contribute $25,000 to five organizations helping displaced Ukrainians The company pledges to match all community contributions to Mercy Corps and directly contribute $25,000 to five organizations helping displaced Ukrainians

Liquidity Services Supports Ukraine Relief Programs

BETHESDA, Md., Feb. 21, 2022 (GLOBE NEWSWIRE) -- Liquidity Services, (Nasdaq:LQDT), a leading global commerce company powering the circular economy, today announced Bill Angrick, Co-Founder, Chairman, and CEO, and Jorge Celaya, Executive Vice President and Chief Financial Officer, will present at the Baird 2022 Sustainability Conference on February 22, 2022 at 12:35 p.m. ET.

Liquidity Services to Present at the Baird 2022 Sustainability Conference

BETHESDA, Md., Feb. 10, 2022 (GLOBE NEWSWIRE) -- Liquidity Services (Nasdaq: LQDT), a leading global commerce company powering the circular economy, today announced it entered into a new credit facility with Wells Fargo Bank that provides revolving loans up to a maximum aggregate principal amount of $25,000,000 with a $10,000,000 sublimit for standby letters of credit. The Credit Agreement will expire on March 31, 2024.

Liquidity Services Announces New Credit Facility with Wells Fargo

Archer-Daniels-Midland Company

BETHESDA, Md., Feb. 10, 2022 /PRNewswire/ --  Liquidity Services  (Nasdaq: LQDT), a leading global commerce company powering the circular economy, received the 2021 Value in Excellence Award from ADM (NYSE: ADM).

ADM Names Liquidity Services as a 2021 Supplier Award Winner

Liquidity Services, Inc.'s (LQDT) CEO William Angrick on Q1 2022 Results - Earnings Call Transcript

BETHESDA, Md., Feb. 03, 2022 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ: LQDT; www.liquidityservices.com), a leading global commerce company providing trusted marketplace platforms that power the circular economy, today announced the following financial results as of the first fiscal quarter ended December 31, 2021 as compared to the applicable prior year periods:

Liquidity Services Announces First Quarter Fiscal Year 2022 Financial Results

BETHESDA, Md., Jan. 10, 2022 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT), a leading global commerce company providing trusted marketplace platforms that power the circular economy, announced today it has retained Three Part Advisors, LLC, a rapidly growing, full-service investor relations (“IR”) consulting firm.

Liquidity Services Retains Three Part Advisors for Investor Relations Services

BETHESDA, Md., Jan. 06, 2022 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT), a leading global commerce company providing trusted marketplace platforms that power the circular economy, announced today that it will report the results of its first quarter fiscal year 2022 ended December 31, 2021 on Thursday, February 3, 2022 at 10:30 a.m. Eastern Time. The earnings press release will be distributed prior to market open on the same day. Bill Angrick, Chairman and CEO, and Jorge Celaya, EVP and CFO, will host the earnings event.

Liquidity Services Announces First Quarter Fiscal Year 2022 Earnings Conference Call

LQDT reported its latest quarterly result highlighted by continued growth and solid earnings from its B2B e-commerce marketplace platform. The company is benefiting from strong demand by customers across various industries for digital solutions to deal with inventory management and asset monetization.

Liquidity Services: Bullish On B2B E-Commerce Leader As Supply-Chain Disruptor

Liquidity Services, Inc. (LQDT) CEO Bill Angrick on Q4 2021 Results - Earnings Call Transcript

Liquidity Services Inc (NASDAQ: LQDT) reported fourth-quarter FY21 revenue growth of 26% year-on-year to $70.3 million, beating the consensus of $53.4 million. Consolidated Gross Merchandise Volume rose 24% Y/Y to $244.4 million.

Liquidity Services Clocks 26% Revenue Growth In Q4, Tops Consensus; Adopts $20M Share Buyback

Liquidity Services (NASDAQ:LQDT) reported its Q4 earnings results on Thursday, December 9, 2021 at 06:50 AM. Here's what investors need to know about the announcement.

Liquidity Services: Q4 Earnings Insights

BETHESDA, Md., Dec. 09, 2021 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ: LQDT; www.liquidityservices.com), a leading global commerce company providing trusted marketplace platforms that power the circular economy, today announced its financial results as of the quarter ended September 30, 2021 as compared to the applicable comparable prior periods:

Liquidity Services Announces Fourth Quarter and Fiscal Year 2021 Financial Results

PHOENIX, Nov. 9, 2021 /PRNewswire/ -- Liquidity Services , (Nasdaq:LQDT), operator of the world's largest e-commerce marketplace platform for business and government surplus, today announced the launch of  AllSurplus Deals , a new online consumer marketplace dedicated to powering the circular economy by offering "new-life" for returned and overstock items at deep discounts directly from top retailers and manufacturers. A smart way for consumers to shop on a budget, AllSurplus Deals offers an ever-changing mix of valuable merchandise across a broad range of categories, including home electronics, toys, furniture, fitness and outdoor equipment, sporting goods, baby necessities, pet supplies, home improvement items and general retail merchandise.

New Consumer Deals Marketplace, AllSurplus Deals, Launches in Phoenix Offering Extreme Bargains While Helping the Environment

BETHESDA, Md., Nov. 08, 2021 (GLOBE NEWSWIRE) -- Liquidity Services, (NASDAQ:LQDT), operator of the world's largest B2B e-commerce marketplace for business and government surplus, today announced Bill Angrick, Co-Founder, Chairman, and CEO, and Jorge Celaya, Executive Vice President and Chief Financial Officer, will present at the 2021 RBC Capital Markets Global Technology, Internet, Media, and Telecommunications Virtual Conference on November 16, 2021 at 8:40 a.m. ET.

Liquidity Services to Present at the RBC Capital Markets 2021 Technology, Internet, Media, and Telecommunications Virtual Conference

BETHESDA, Md., Nov. 08, 2021 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT), operator of the world's largest B2B e-commerce marketplace for retail, industrial and government surplus, announced today that it will report the results of its fourth quarter fiscal year 2021 ended September 30, 2021 on Thursday, December 9, 2021 at 10:30 a.m. Eastern Time. The earnings press release will be distributed prior to market open on the same day. Bill Angrick, Chairman and CEO, and Jorge Celaya, EVP and CFO, will host the earnings event.

Liquidity Services Announces Fourth Quarter Fiscal Year 2021 Earnings Conference Call

PITTSTON, Pa., Nov. 4, 2021 /PRNewswire/ -- Liquidity Services, (Nasdaq: LQDT), operator of the world's largest B2B e-commerce marketplace for retail, industrial and government surplus, today announced its northeast expansion with the opening of a new 100,000 square foot warehouse in Northern Pennsylvania for its Retail segment.

Liquidity Services Expands Footprint with New Distribution Center in Pennsylvania

Liquidity Services, the biggest eCommerce marketplace for business and government surplus, is acquiring Bid4Assets, a digital platform that targets real property auctions for the government, including tax foreclosure sales and sheriff's sales, according to a press release. Financial terms were not disclosed, but the agreement stipulates that Liquidity Services has acquired 100% of Bid4Assets' issued […]

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