Liquidity Services Inc (LQDT)

Consumer Cyclical | Specialty Retail
Income Statement (Quarterly) 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Revenue 116,375,000 122,331,000 106,927,000 93,613,000
Cost of Revenue 68,946,000 72,164,000 58,192,000 44,212,000
Gross Profit 47,429,000 50,167,000 48,735,000 49,401,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 20,918,000 23,041,000 22,014,000 22,362,000
Operating Expenses 40,626,000 43,080,000 41,469,000 41,506,000
Operating Income 6,803,000 7,087,000 7,266,000 7,895,000
Interest Expense 0 0 0 0
Income Before Tax 7,706,000 8,190,000 8,573,000 8,702,000
Income Tax Expense 655,000 2,380,000 2,198,000 2,702,000
Net Income 7,051,000 5,810,000 6,375,000 6,000,000
Per Share
EPS 0.23 0.19 0.20 0.20
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Revenue 476,669,000 363,318,000 314,462,000 280,050,000 257,531,000
Cost of Revenue 267,854,000 178,152,000 142,322,000 119,407,000 107,678,000
Gross Profit 208,815,000 185,166,000 172,140,000 160,643,000 149,853,000
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 93,738,000 86,794,000 134,539,000 127,028,000 114,246,000
Operating Expenses 173,749,000 161,762,000 146,035,000 137,738,000 121,221,000
Operating Income 35,066,000 23,404,000 26,105,000 -1,595,000 27,168,000
Interest Expense 0 0 0 248,000 411,000
Income Before Tax 39,441,000 27,260,000 29,016,000 47,653,000 27,579,000
Income Tax Expense 11,348,000 7,269,000 8,039,000 7,329,000 -23,370,000
Net Income 28,093,000 19,991,000 20,978,000 40,324,000 50,949,000
Per Share
EPS 0.91 0.66 0.68 1.25 1.53
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2025-09-30 2024-09-30 2023-09-30 2022-09-30
Assets
Cash and Cash Equivalents 174,607,000 153,226,000 110,281,000 96,122,000
Short Term Investments 11,212,000 2,310,000 7,891,000 1,819,000
Net Receivables 12,476,000 12,986,000 8,748,000 13,423,000
Inventory 14,180,000 17,099,000 11,116,000 11,679,000
Total Current Assets 222,489,000 199,235,000 146,268,000 129,594,000
Property Plant Equipment 29,758,000 29,966,000 27,044,000 32,301,000
Goodwill and Intangibles 116,215,000 111,704,000 101,845,000 105,144,000
Total Assets 375,101,000 346,888,000 288,970,000 288,104,000
Liabilities
Account Payables 61,454,000 58,693,000 39,115,000 91,220,000
Short Term Debt 5,194,000 10,542,000 4,101,000 4,540,000
Total Current Liabilities 161,625,000 155,153,000 120,718,000 123,503,000
Long Term Debt 8,930,000 9,166,000 6,581,000 9,687,000
Total Liabilities 171,859,000 164,328,000 127,437,000 133,568,000
Shareholders Equity
Retained Earnings 38,126,000 10,033,000 -9,958,000 -30,936,000
Total Shareholders Equity 203,242,000 182,560,000 161,535,000 154,536,000
Balance Sheet (Annual) 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Assets
Cash and Cash Equivalents 174,607,000 153,226,000 110,281,000 96,122,000 106,335,000
Short Term Investments 11,212,000 2,310,000 7,891,000 1,819,000 0
Net Receivables 12,476,000 12,986,000 8,748,000 13,423,000 5,866,000
Inventory 14,180,000 17,099,000 11,116,000 11,679,000 12,468,000
Total Current Assets 222,489,000 199,235,000 146,268,000 129,594,000 131,842,000
Property Plant Equipment 29,758,000 29,966,000 27,044,000 32,301,000 31,112,000
Goodwill and Intangibles 116,215,000 111,704,000 101,845,000 105,144,000 63,325,000
Total Assets 375,101,000 346,888,000 288,970,000 288,104,000 255,576,000
Liabilities
Account Payables 61,454,000 58,693,000 39,115,000 91,220,000 74,324,000
Short Term Debt 5,194,000 10,542,000 4,101,000 4,540,000 4,250,000
Total Current Liabilities 161,625,000 155,153,000 120,718,000 123,503,000 109,173,000
Long Term Debt 8,930,000 9,166,000 6,581,000 9,687,000 10,098,000
Total Liabilities 171,859,000 164,328,000 127,437,000 133,568,000 120,561,000
Shareholders Equity
Retained Earnings 38,126,000 10,033,000 -9,958,000 -30,936,000 -71,398,000
Total Shareholders Equity 203,242,000 182,560,000 161,535,000 154,536,000 135,015,000
Cash Flow Statement (Quarterly) 2025-09-30 2024-09-30 2023-09-30 2022-09-30
Operating Activities
Net Income 28,093,000 19,991,000 20,978,000 40,324,000
Depreciation & Amortization 10,409,000 12,120,000 11,255,000 10,322,000
Stock Based Compensation 14,490,000 11,087,000 8,191,000 8,482,000
Change in Working Capital 9,980,000 20,712,000 -2,388,000 3,811,000
Operating Cash Flow 66,758,000 70,221,000 47,016,000 44,833,000
Investing Activities
Capital Expenditure -7,800,000 -8,907,000 -5,386,000 -8,121,000
Investments -7,800,000 -8,907,000 -5,386,000 -8,121,000
Investing Cash Flow -22,984,000 -16,113,000 -11,432,000 -21,084,000
Financing Activities
Debt Repayment -102,000 -89,000 -101,000 -99,000
Common Stock Issued/Repurchased -15,968,000 -9,426,000 -20,702,000 -25,447,000
Dividends Paid 0 0 0 0
Financing Cash Flow -21,813,000 -11,171,000 -22,065,000 -31,943,000
Summary
Free Cash Flow 58,958,000 61,314,000 41,630,000 36,712,000
Net Change in Cash 21,381,000 42,945,000 14,159,000 -10,213,000
Cash Flow Statement (Annual) 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Operating Activities
Net Income 28,093,000 19,991,000 20,978,000 40,324,000 50,949,000
Depreciation & Amortization 10,409,000 12,120,000 11,255,000 10,322,000 6,969,000
Stock Based Compensation 14,490,000 11,087,000 8,191,000 8,482,000 6,947,000
Change in Working Capital 9,980,000 20,712,000 -2,388,000 3,811,000 23,196,000
Operating Cash Flow 66,758,000 70,221,000 47,016,000 44,833,000 65,417,000
Investing Activities
Capital Expenditure -7,800,000 -8,907,000 -5,386,000 -8,121,000 -5,452,000
Investments -7,800,000 -8,907,000 -5,386,000 -8,121,000 -5,419,000
Investing Cash Flow -22,984,000 -16,113,000 -11,432,000 -21,084,000 -1,004,000
Financing Activities
Debt Repayment -102,000 -89,000 -101,000 -99,000 -42,000
Common Stock Issued/Repurchased -15,968,000 -9,426,000 -20,702,000 -25,447,000 -31,143,000
Dividends Paid 0 0 0 0 0
Financing Cash Flow -21,813,000 -11,171,000 -22,065,000 -31,943,000 -34,655,000
Summary
Free Cash Flow 58,958,000 61,314,000 41,630,000 36,712,000 59,965,000
Net Change in Cash 21,381,000 42,945,000 14,159,000 -10,213,000 30,299,000