Liquidity Services, Inc. (LQDT) Financials

NASDAQ:LQDT

Market Cap

551.52M

Total Revenue

280.05M

Gross Profit

160.64M

Operating Income

-1.59M

Net Income

40.32M

Metric	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
revenue	505,856,000	495,661,000	397,125,000	316,454,000	270,015,000	224,514,000	226,525,000	205,940,000	257,531,000	280,050,000
costOfRevenue	199,494,000	211,659,000	166,009,000	143,127,000	126,227,000	100,087,000	102,414,000	96,016,000	107,678,000	119,407,000
grossProfit	306,362,000	284,002,000	231,116,000	173,327,000	143,788,000	124,427,000	124,111,000	109,924,000	149,853,000	160,643,000
researchAndDevelopmentExpenses	--	--	--	--	--	--	--	--	--	55,522,000
sellingAndMarketingExpenses	40,170,000	41,951,000	41,465,000	37,570,000	54,509,000	48,418,000	47,534,000	35,629,000	37,635,000	43,224,000
generalAndAdministrativeExpenses	174,946,000	193,423,000	169,254,000	144,336,000	118,823,000	90,944,000	85,843,000	71,324,000	76,611,000	83,804,000
sellingGeneralAndAdministrativeExpenses	215,116,000	235,374,000	210,719,000	181,906,000	173,332,000	139,362,000	133,377,000	106,953,000	114,246,000	127,028,000
operatingExpenses	232,490,000	251,969,000	219,954,000	188,408,000	182,779,000	145,353,000	143,517,000	113,816,000	121,221,000	137,738,000
operatingIncome	67,951,000	50,417,000	-144,215,000	-34,118,000	-40,000,000	-21,393,000	-19,406,000	-3,887,000	27,168,000	-1,595,000
totalOtherIncomeExpensesNet	-5,921,000	18,384,000	-155,377,000	-19,037,000	-1,009,000	-467,000	1,346,000	914,000	411,000	49,248,000
ebitda	97,167,000	30,244,000	175,774,000	10,458,000	-32,186,000	-15,860,000	-14,213,000	2,403,000	37,065,000	8,727,000
depreciationAndAmortization	17,374,000	16,595,000	9,235,000	6,502,000	5,796,000	4,599,000	5,193,000	6,290,000	9,897,000	10,322,000
interestIncome	--	--	--	--	--	--	--	924,000	411,000	248,000
interestExpense	704,000	100	-171,000	1,217,000	-362,000	--	--	--	--	248,000
incomeBeforeTax	68,655,000	50,047,000	-144,386,000	-32,901,000	-39,638,000	-20,943,000	-18,060,000	-2,973,000	27,579,000	47,653,000
incomeTaxExpense	27,551,000	19,657,000	-39,571,000	27,025,000	-451,000	-9,328,000	1,200,000	801,000	-23,370,000	7,329,000
netIncome	41,104,000	30,390,000	-104,815,000	-59,926,000	-39,187,000	-11,615,000	-19,260,000	-3,774,000	50,949,000	40,324,000
eps	1.3	0.97	-3.5	-1.96	-1.25	-0.36	-0.58	-0.11	1.53	1.25
epsdiluted	1.26	0.97	-3.5	-1.96	-1.25	-0.36	-0.58	-0.11	1.45	1.2
weightedAverageShsOut	31,616,926	31,243,932	29,987,985	30,638,163	31,402,921	32,095,491	33,062,976	33,612,263	33,333,557	32,292,978
weightedAverageShsOutDil	32,657,236	31,395,301	29,987,985	30,638,163	31,402,921	32,095,491	33,062,976	33,612,263	35,024,108	33,719,424
costAndExpenses	431,984,000	463,628,000	385,963,000	331,535,000	309,006,000	245,440,000	245,931,000	209,832,000	228,899,000	257,145,000
otherExpenses	17,374,000	16,595,000	9,235,000	6,502,000	9,447,000	5,991,000	10,140,000	6,863,000	6,975,000	-44,812,000

Key Facts

Industry

Internet Retail

Sector

Consumer Cyclical

Headquarters

Bethesda, MD, US

Website

liquidityservices.com

CEO

Mr. William P. Angrick III

Employees

735

About the Company

Liquidity Services, Inc. provides e-commerce marketplaces, self-directed auction listing tools, and value-added services. It operates through four segments: Retail Supply Chain Group, Capital Assets Group, GovDeals, and Machinio. The company's marketplaces include liquidation.com that enable corporations to sell surplus and salvage consumer goods and retail capital assets; GovDeals marketplace, which provides self-directed service solutions in which sellers list their own assets that enables local and state government entities, and commercial businesses located in the United States and Canada to sell surplus and salvage assets; and AllSurplus, a centralized marketplace that connects global buyer base with assets from across the network of marketplaces in a single destination. It also provides marketplace for corporations located in the North America, Europe, Australia, Asia, and Africa to sell manufacturing surplus, salvage capital assets, and scrap material, as well as offers a suite of services, including surplus management, asset valuation, asset sales, marketing, returns management, asset recovery, and ecommerce services. In addition, the company operates a global search engine platform for listing used equipment for sale in the construction, machine tool, transportation, printing, and agriculture sectors. It offers products from industry verticals, such as consumer electronics, general merchandise, apparel, scientific equipment, aerospace parts and equipment, technology hardware, real estate, energy equipment, industrial capital assets, heavy equipment, fleet and transportation equipment, and specialty equipment. Liquidity Services, Inc. was incorporated in 1999 and is headquartered in Bethesda, Maryland.