LIQUIDITY SERVICES INC

For the period ended Mar 31, 2025. Filed May 8, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed May 8, 2025

LQDT$46.00+2.4%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations

(Dollars in Thousands, Except Per Share Data)

	Three Months Ended March 31,		Six Months Ended March 31,
	2025	2024	2025	2024
Purchase revenues	$77,827	$53,105	$160,642	$89,330
Consignment and other fee revenues	38,548	38,348	$78,064	73,448
Total revenue	116,375	91,453	238,706	162,778
Costs and expenses from operations:
Cost of goods sold (excludes depreciation and amortization)	68,946	44,222	141,110	75,748
Technology and operations	16,883	15,526	34,290	29,764
Sales and marketing	13,810	14,195	28,584	27,176
General and administrative	7,108	7,658	15,375	15,242
Depreciation and amortization	2,568	3,195	5,084	6,098
Other operating expenses	257	62	373	507
Total costs and expenses	109,572	84,858	224,816	154,535
Income from operations	6,803	6,595	13,890	8,243
Interest and other income, net	(903)	(601)	(2,006)	(1,743)
Income before provision for income taxes	7,706	7,196	15,896	9,986
Provision for income taxes	655	1,487	3,035	2,369
Net income	$7,051	$5,709	$12,861	$7,617
Basic income per common share	$0.23	$0.19	$0.42	$0.25
Diluted income per common share	$0.22	$0.18	$0.40	$0.24
Basic weighted average shares outstanding	31,012,087	30,498,127	30,825,231	30,552,094
Diluted weighted average shares outstanding	32,518,672	31,459,066	32,270,225	31,677,685

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.