Company Quick10K Filing
Liquidity Services
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 33 $199
10-Q 2020-02-06 Quarter: 2019-12-31
10-K 2019-12-10 Annual: 2019-09-30
10-Q 2019-08-01 Quarter: 2019-06-30
10-Q 2019-05-08 Quarter: 2019-03-31
10-Q 2019-02-07 Quarter: 2018-12-31
10-K 2018-12-06 Annual: 2018-09-30
10-Q 2018-08-02 Quarter: 2018-06-30
10-Q 2018-05-03 Quarter: 2018-03-31
10-Q 2018-02-01 Quarter: 2017-12-31
10-K 2017-12-07 Annual: 2017-09-30
10-Q 2017-08-03 Quarter: 2017-06-30
10-Q 2017-05-04 Quarter: 2017-03-31
10-Q 2017-02-09 Quarter: 2016-12-31
10-K 2016-11-21 Annual: 2016-09-30
10-Q 2016-08-04 Quarter: 2016-06-30
10-Q 2016-05-06 Quarter: 2016-03-31
10-Q 2016-02-05 Quarter: 2015-12-31
10-K 2015-11-23 Annual: 2015-09-30
10-Q 2015-08-07 Quarter: 2015-06-30
10-Q 2015-05-08 Quarter: 2015-03-31
10-Q 2015-02-06 Quarter: 2014-12-31
10-K 2014-11-21 Annual: 2014-09-30
10-Q 2014-08-08 Quarter: 2014-06-30
10-Q 2014-05-09 Quarter: 2014-03-31
10-Q 2014-02-07 Quarter: 2013-12-31
10-K 2013-11-21 Annual: 2013-09-30
10-Q 2013-08-09 Quarter: 2013-06-30
10-Q 2013-05-07 Quarter: 2013-03-31
10-Q 2013-02-08 Quarter: 2012-12-31
10-K 2012-11-29 Annual: 2012-09-30
10-Q 2012-08-03 Quarter: 2012-06-30
10-Q 2012-05-04 Quarter: 2012-03-31
10-Q 2012-02-08 Quarter: 2011-12-31
10-K 2011-12-09 Annual: 2011-09-30
10-Q 2011-08-09 Quarter: 2011-06-30
10-Q 2011-05-10 Quarter: 2011-03-31
10-Q 2011-02-04 Quarter: 2010-12-31
10-K 2010-12-10 Annual: 2010-09-30
10-Q 2010-08-09 Quarter: 2010-06-30
10-Q 2010-05-10 Quarter: 2010-03-31
10-Q 2010-02-09 Quarter: 2009-12-31
8-K 2020-03-25 Other Events
8-K 2020-02-20 Shareholder Vote
8-K 2020-02-06 Other Events, Exhibits
8-K 2020-02-06 Earnings, Exhibits
8-K 2019-12-16 Regulation FD, Exhibits
8-K 2019-12-10 Other Events, Exhibits
8-K 2019-12-09 Earnings, Exhibits
8-K 2019-11-05 Officers
8-K 2019-08-20 Regulation FD, Exhibits
8-K 2019-08-05 Other Events, Exhibits
8-K 2019-08-01 Earnings, Exhibits
8-K 2019-06-14 Other Events
8-K 2019-05-17 Other Events, Exhibits
8-K 2019-05-10 Other Events, Exhibits
8-K 2019-05-08 Earnings, Exhibits
8-K 2019-04-23 Officers, Regulation FD, Exhibits
8-K 2019-02-22 Shareholder Vote
8-K 2019-02-07 Other Events, Exhibits
8-K 2019-02-07 Earnings, Exhibits
8-K 2018-12-06 Other Events, Exhibits
8-K 2018-07-10 Enter Agreement, Sale of Shares, Regulation FD, Exhibits
8-K 2018-06-18 Officers
8-K 2018-05-07 Other Events, Exhibits
8-K 2018-05-03
8-K 2018-03-30 Officers
8-K 2018-02-22 Shareholder Vote
8-K 2018-02-02 Other Events, Exhibits
8-K 2018-02-01 Earnings, Exhibits

Liquidity Services Financials

LQDT Metrics, Comps, Filings

Annual | Quarterly

Business

The Company operates a network of e-commerce marketplaces that enable buyers and sellers to transact in an efficient, automated environment offering over 500 product categories. The Company's marketplaces provide professional buyers access to a global, organized supply of new, surplus, and scrap assets presented with digital images and other relevant product information. Additionally, the Company enables its corporate and government sellers to enhance their financial return on offered assets by providing a liquid marketplace and value-added services that encompass the consultative management, valuation, and sale of surplus assets. The Company's services include program management, valuation, asset management, reconciliation, refurbishment and recycling, fulfillment, marketing and sales, warehousing and transportation, buyer support, compliance and risk mitigation, as well as self-directed service tools for its sellers. The Company organizes the products on its marketplaces into categories across major industry verticals such as consumer electronics, general merchandise, apparel, scientific equipment, aerospace parts and equipment, technology hardware, energy equipment, industrial capital assets, fleet and transportation equipment and specialty equipment. The Company's marketplaces are: www.liquidation.com, www.govdeals.com, www.networkintl.com, www.secondipity.com, and www.go-dove.com. We also operate a global search engine for used machinery and equipment at www.machinio.com. The Company has over 13,000 sellers, including Fortune 1000 and Global 500 organizations as well as federal, state, and local government agencies.

During November 2019, we also launched our new aggregated marketplace. This site is in early beta phase and we will deploy capabilities and integrate more product categories incrementally throughout FY2020. This approach allows us flexibility to prioritize functionality based on customer feedback.

We believe our ability to create liquid marketplaces for surplus and scrap assets generates a continuous flow of goods from our sellers. This valuable and reliable flow of goods, in turn, attracts an increasing number of professional buyers to our marketplaces. Increasing numbers of professional buyers to our marketplaces, in turn, attracts more sellers to our marketplace which, in turn, reinforces a valuable and reliable flow of surplus assets. During the past three fiscal years, we have conducted over 1,750,000 online transactions generating $1.9 billion in gross merchandise volume or GMV. GMV is the total sales value of all merchandise sold by us or our sellers through our marketplaces or by us through other channels during a given period of time.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
I3 Verticals (IIIV) 215 28% 19.6 -0% 349 207 376 107 -0 18 351
Gravity (GRVY) 292 0% 173,174 97,622 0 0 0 0 292
Spartan Energy Acquisition (SPAQ) 280 31.7 1% 564 20 0 0 7 9 280
China Customer Relations Centers (CCRC) 244 0% 71 18 0 0 0 0 220
Graf Industrial (GRAF) 243 129,512.1 -3% 249 244 0 0 -8 -7 -871,757
ChaSerg Technology Acquisition (CTAC) 223 89.3 1% 224 8 0 0 2 2 223
OptimizeRx (OPRX) 215 64% -450.5 -2% 49 7 17 11 -1 -0 186
Social Capital Hedosophia (IPOA) 199 23.0 1% 701 25 0 0 9 9 198
InnerWorkings (INWK) 219 23% -10.1 -5% 680 500 1,132 259 -35 -18 181
DHI Group (DHX) 217 67% 9.6 5% 259 105 150 100 12 23 220
Modern Media Acquisition (MMDM) 200 168.6 2% 15 10 0 0 0 1 200
Liquidity Services (LQDT) 273 50% 36.4 0% 187 71 227 113 0 6 236
Collectors Universe (CLCT) 272 59% 13.5 23% 49 28 75 44 11 19 253
MoneyGram (MGI) 334 36% -8.2 -1% 4,238 4,487 1,310 469 -61 44 -360
Allegro Merger (ALGR) 152 67.0 1% 153 6 0 0 2 2 152
The9 (NCTY) 150 0% 165 908 0 0 0 0 145
Capitol Investment IV (CIC) 501 34% -80.1 -2% 739 755 63 21 -15 -15 1,172
GigCapital (GIG) 41 1,575.5 -0% 146 141 0 0 -1 -0 -102
KBL Merger IV (KBLMU) 150 121.5 1% 118 5 0 0 1 1 149
Steel Connect (STCN) 105,077 19% 3,582.8 -7% 798 705 830 156 -55 29 105,392

Balance Sheet ($MM)2011-09-302012-09-302013-09-302014-09-302015-09-302016-09-302017-09-302018-09-302019-09-30
Cash129105956395135945836
Accounts Receivable61624226101257
Inventory15212978262821106
PP&E71030121314171729
Assets228400421432288260215202187
Accounts Payable91017161010131415
Long-Term Debt32
Liabilities661501061157297837271
Stockholders' Equity161250315317216163133130116
Income Statement ($MM)2011-09-302012-09-302013-09-302014-09-302015-09-302016-09-302017-09-302018-09-302019-09-30
Revenue3275910238981838175227
Cost of Revenue-43-35113
Gross Profit124110113
R&D
SG&A263749494140716471
Tax153217186-34-0-91
Net Income9
Cash Flow ($MM)2011-09-302012-09-302013-09-302014-09-302015-09-302016-09-302017-09-302018-09-302019-09-30
Cash Operating415347124346-321-6
Cash Investing20-79-20-8-10-6-8-37-16
Cash Financing272-36-370-0-101