Sector: Technology | Industry: Internet Services |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 6931 Arlington Road, Suite 200 BETHESDA MD 20814 |
Tel: | N/A |
Website: | https://liquidityservices.com |
IR: | See website |
Key People | ||
William P. Angrick Chairman of the Board, Chief Executive Officer | Jorge A. Celaya Chief Financial Officer, Executive Vice President | Novelette Murray Chief Human Resource Officer |
John P. Daunt Executive Vice President, Chief Commercial Officer | Steven J. Weiskircher Chief Technology Officer | Mark Andrew Shaffer Chief Legal Officer, Corporate Secretary |
Business Overview |
Liquidity Services, Inc. is a global commerce company. It operates a business to business (B2B) e-commerce marketplace platform for surplus assets. Its segments include GovDeals, Retail Supply Chain Group (RSCG), Capital Assets Group (CAG) and Machinio. The GovDeals segment provides solutions that enable government entities including city, county, state and federal agencies located in the United States and Canada and related commercial businesses to sell surplus property and real estate assets through its GovDeals and Bid4Assets marketplaces. The RSCG segment consists of marketplaces that enable corporations located in the United States and Canada to sell excess, returned, and overstocked consumer goods. The CAG segment offers solutions to sellers and consists of marketplaces that enable commercial businesses to sell surplus assets. Machinio segment operates a search engine platform for listing used equipment for sale in the construction, machine tool, printing and agriculture sectors. |
Financial Overview |
For the three months ended 31 December 2023, Liquidity Services Inc revenues decreased 1% to $71.3M. Net income decreased 52% to $1.9M. Revenues reflect RSCG segment decrease of 5% to $43.7M, CAG segment decrease of 17% to $7.8M. Net income also reflects Sales and marketing - Balancing value increase of 20% to $12.3M (expense), Acquisition Cost of Group Companies increase from $184K to $451K (expense). |
Employees: | 716 as of Sep 30, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $416.73M as of Dec 31, 2023 |
Annual revenue (TTM): | $313.51M as of Dec 31, 2023 |
EBITDA (TTM): | $34.94M as of Dec 31, 2023 |
Net annual income (TTM): | $18.92M as of Dec 31, 2023 |
Free cash flow (TTM): | $42.90M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 30,719,262 as of Feb 5, 2024 |
Index Membership: | S&P 600 Small Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |