Market Summary
USD15.13+0.05
Market Closed0.33%
LQDT Stock Price
LQDT RSI Chart
LQDT Valuation
LQDT Price/Sales (Trailing)
LQDT Profitability
LQDT Fundamentals
LQDT Revenue
LQDT Earnings
Price Action
52 Week Range
11.9722.59
(Low)(High)
Last 7 days
-4.4%
Last 30 days
15.4%
Last 90 days
19.1%
Trailing 12 Months
10.6%
LQDT Financial Health
LQDT Investor Care
Peers (Alternatives to Liquidity Services)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
AMZN | 1.2T | 524.9B | 15.37% | 5.66% | 290.64 | 2.38 | 9.87% | -79.95% |
BKNG | 105.9B | 18.2B | -5.86% | 11.60% | 34.62 | 6.2 | 45.24% | 673.85% |
MELI | 62.7B | 11.3B | -2.17% | 54.01% | 101.53 | 5.54 | 42.66% | 239.56% |
EBAY | 23.4B | 9.8B | -6.05% | -10.25% | 36.59 | 2.38 | -4.32% | -94.50% |
ETSY | 10.1B | 2.6B | -18.35% | 0.41% | -14.37 | 3.86 | 11.15% | -663.50% |
| MID-CAP | ||||||||
SSTK | 1.7B | 844.0M | -29.52% | -20.80% | 20.59 | 2.01 | 6.93% | -7.38% |
| SMALL-CAP | ||||||||
RVLV | 1.7B | 1.1B | -22.28% | -46.50% | 28.36 | 1.51 | 10.20% | -49.78% |
MGNI | 1.6B | 589.1M | 26.81% | 5.77% | -8.66 | 2.71 | 12.05% | -482.80% |
LQDT | 543.6M | 298.8M | 15.38% | 10.56% | 16.49 | 1.82 | 8.67% | -41.91% |
SFIX | 351.7M | 1.8B | 13.49% | -54.95% | -1.19 | 0.19 | -16.43% | -882.41% |
QUOT | 261.1M | 269.6M | -5.67% | -38.14% | -3.85 | 0.97 | -44.38% | -16.11% |
GRPN | 170.1M | 567.4M | 54.19% | -64.57% | -0.73 | 0.3 | -33.77% | -434.84% |
RMBL | 124.2M | 1.7B | 67.79% | -31.84% | 2.65 | 0.06 | 31.25% | -7536.15% |
Financials for Liquidity Services
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Revenue | 4.6% | 299 | 286 | 280 | 275 | 275 |
| Gross Profit | 0.9% | 161 | 159 | 160 | - | - |
| Operating Expenses | -16.9% | 113 | 136 | 135 | - | - |
| S&GA Expenses | 1.3% | 45.00 | 44.00 | 43.00 | 42.00 | 41.00 |
| Costs and Expenses | 8.8% | 259 | 238 | 233 | 231 | 241 |
| EBITDA | 2.1% | 59.00 | 58.00 | 54.00 | 43.00 | - |
| EBITDA Margin | 0.1% | 0.21* | 0.21* | 0.20* | 0.16* | - |
| Earnings Before Taxes | -15.0% | 41.00 | 48.00 | 48.00 | 44.00 | 35.00 |
| EBT Margin | -0.9% | 0.17* | 0.17* | 0.16* | 0.13* | - |
| Interest Expenses | 104.0% | 1.00 | 0.00 | 0.00 | 0.00 | - |
| Net Income | -19.0% | 33.00 | 41.00 | 40.00 | 65.00 | 57.00 |
| Net Income Margin | -1.1% | 0.14* | 0.14* | 0.24* | 0.21* | - |
| Free Cahsflow | -32.1% | 25.00 | 37.00 | 34.00 | 42.00 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Assets | 5.2% | 283 | 269 | 288 | 283 | 277 |
| Current Assets | 14.9% | 131 | 114 | 130 | 120 | 112 |
| Cash Equivalents | 25.5% | 96.00 | 76.00 | 96.00 | 88.00 | 84.00 |
| Inventory | -6.6% | 15.00 | 16.00 | 12.00 | 14.00 | 13.00 |
| Net PPE | -1.6% | 18.00 | 19.00 | 19.00 | 19.00 | 18.00 |
| Goodwill | 0.1% | 89.00 | 89.00 | 89.00 | 89.00 | 90.00 |
| Liabilities | 15.6% | 132 | 114 | 134 | 138 | 144 |
| Current Liabilities | 17.7% | 124 | 105 | 124 | 127 | 133 |
| Shareholder's Equity | -2.5% | 151 | 155 | 155 | 145 | 133 |
| Retained Earnings | 15.7% | -22.72 | -26.97 | -30.94 | -39.28 | -55.69 |
| Additional Paid-In Capital | 0.6% | 262 | 261 | 258 | 257 | 255 |
| Accumulated Depreciation | 6.3% | 23.00 | 22.00 | - | - | - |
| Shares Outstanding | 0.4% | 36.00 | 36.00 | 36.00 | 36.00 | 36.00 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Cashflow From Operations | 62.7% | 53.00 | 32.00 | 45.00 | 42.00 | 49.00 |
| Share Based Compensation | -2.3% | 8.00 | 8.00 | 8.00 | 7.00 | 7.00 |
| Cashflow From Investing | -14.8% | -12.71 | -11.08 | -21.08 | -19.34 | -14.15 |
| Cashflow From Financing | 22.3% | -27.25 | -35.07 | -31.94 | -46.30 | -37.59 |
| Buy Backs | -24.5% | 22.00 | 30.00 | 25.00 | 40.00 | 35.00 |
Risks for LQDT
What is the probability of a big loss on LQDT?
100%
Probability that Liquidity Services stock will be more than 20% underwater in next one year
64.2%
Probability that Liquidity Services stock will be more than 30% underwater in next one year.
38.1%
Probability that Liquidity Services stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does LQDT drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Liquidity Services was unfortunately bought at previous high price.
Drawdowns
Returns for LQDT
Cumulative Returns on LQDT
-9.3%
10-Year Cumulative Returns
12.3%
7-Year Cumulative Returns
21.7%
5-Year Cumulative Returns
38.2%
3-Year Cumulative Returns
What are the long-term rolling returns for LQDT?
FIve years rolling returns for Liquidity Services.
Annualized Returns
Which funds bought or sold LQDT recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-05-23 | Capital Impact Advisors, LLC | reduced | -33.00 | -299,520 | 504,740 | 0.62% |
2023-05-23 | ROYCE & ASSOCIATES LP | reduced | -54.91 | -292,190 | 213,604 | -% |
2023-05-22 | AMERIPRISE FINANCIAL INC | reduced | -11.22 | -426,642 | 2,107,360 | -% |
2023-05-18 | JPMORGAN CHASE & CO | added | 15.73 | 35,000 | 457,000 | -% |
2023-05-18 | NEW YORK STATE COMMON RETIREMENT FUND | reduced | -55.88 | -989,000 | 697,000 | -% |
2023-05-17 | Thrivent Financial for Lutherans | reduced | -14.28 | -77,000 | 313,000 | -% |
2023-05-16 | SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC | sold off | -100 | -176,284 | - | -% |
2023-05-16 | Rockefeller Capital Management L.P. | sold off | -100 | - | - | -% |
2023-05-16 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | new | - | 463,479 | 463,479 | -% |
2023-05-16 | JANE STREET GROUP, LLC | new | - | 222,533 | 222,533 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Liquidity Services News
Schedule 13G FIlings of Liquidity Services
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 14, 2023 | granahan investment management, llc | 5.95% | 2,128,347 | SC 13G/A | |
| Feb 13, 2023 | renaissance technologies llc | 5.09% | 1,827,464 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 5.51% | 1,971,958 | SC 13G/A | |
| Jan 26, 2023 | blackrock inc. | 12.0% | 4,297,505 | SC 13G/A | |
| Jan 20, 2023 | blackrock inc. | 12.0% | 4,297,505 | SC 13G/A | |
| Feb 14, 2022 | granahan investment management, llc | 5.25% | 1,863,728 | SC 13G | |
| Feb 11, 2022 | renaissance technologies llc | 6.27% | 2,227,564 | SC 13G/A | |
| Jan 27, 2022 | blackrock inc. | 11.3% | 4,012,295 | SC 13G/A | |
| Jan 25, 2022 | blackrock inc. | 11.3% | 4,012,295 | SC 13G/A | |
| Feb 11, 2021 | renaissance technologies llc | 7.64% | 2,613,404 | SC 13G/A |
Recent SEC filings of Liquidity Services
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| May 26, 2023 | 144 | Notice of Insider Sale Intent | |
| May 26, 2023 | 4 | Insider Trading | |
| May 25, 2023 | 144 | Notice of Insider Sale Intent | |
| May 16, 2023 | 4 | Insider Trading | |
| May 12, 2023 | 144 | Notice of Insider Sale Intent | |
| May 10, 2023 | 4 | Insider Trading | |
| May 08, 2023 | 144 | Notice of Insider Sale Intent | |
| May 08, 2023 | 8-K | Current Report | |
| May 04, 2023 | 10-Q | Quarterly Report | |
| May 04, 2023 | 8-K | Current Report |
Latest Insider Trading transactions for LQDT
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-05-26 | Daunt John | acquired | 12,469 | 6.58 | 1,895 | evp & cco |
2023-05-26 | Daunt John | sold | -28,462 | 15.02 | -1,895 | evp & cco |
2023-05-25 | Daunt John | sold | -390,170 | 15.11 | -25,822 | evp & cco |
2023-05-25 | Daunt John | acquired | 219,023 | 8.48202 | 25,822 | evp & cco |
2023-05-12 | ELLIS GEORGE H | sold | -132,090 | 15.54 | -8,500 | - |
2023-05-08 | Celaya Jorge | sold | -66,726 | 14.14 | -4,719 | cfo |
2023-05-01 | Daunt John | sold | -34,623 | 13.21 | -2,621 | evp & cco |
2023-05-01 | Daunt John | acquired | - | - | 2,621 | evp & cco |
2023-03-16 | Daunt John | sold | -18,502 | 13.03 | -1,420 | evp & coo |
2023-03-16 | Daunt John | acquired | 18,494 | 9.46 | 1,955 | evp & coo |
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.
LQDT Income Statement
2023-03-31Condensed Consolidated Statements of Operations - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Mar. 31, 2023 | Mar. 31, 2022 | Mar. 31, 2023 | Mar. 31, 2022 | |
| Total revenue | $ 81,453 | $ 68,275 | $ 153,736 | $ 134,983 |
| Costs and expenses from operations: | ||||
| Cost of goods sold (excludes depreciation and amortization) | 40,366 | 28,968 | 72,139 | 56,730 |
| Technology and operations | 14,791 | 13,872 | 29,495 | 27,790 |
| Sales and marketing | 11,854 | 11,273 | 22,644 | 21,317 |
| General and administrative | 6,404 | 7,053 | 13,789 | 15,284 |
| Depreciation and amortization | 2,803 | 2,603 | 5,567 | 4,906 |
| Fair value adjustment of acquisition earn-outs | 0 | (8,500) | 0 | (8,500) |
| Other operating (income) expenses, net | (11) | 23 | 129 | (10) |
| Total costs and expenses | 76,207 | 55,292 | 143,763 | 117,517 |
| Income from operations | 5,246 | 12,983 | 9,973 | 17,466 |
| Interest and other income, net | (572) | (46) | (961) | (177) |
| Income before provision for income taxes | 5,818 | 13,029 | 10,934 | 17,643 |
| Provision for income taxes | 1,573 | 1,059 | 2,723 | 2,071 |
| Net income | $ 4,245 | $ 11,970 | $ 8,211 | $ 15,572 |
| Basic income per common share (in usd per share) | $ 0.14 | $ 0.37 | $ 0.26 | $ 0.48 |
| Diluted income per common share (in usd per share) | $ 0.13 | $ 0.35 | $ 0.25 | $ 0.45 |
| Basic weighted average shares outstanding (in shares) | 31,305,214 | 32,561,903 | 31,562,988 | 32,769,057 |
| Diluted weighted average shares outstanding | 32,124,188 | 34,004,568 | 32,544,953 | 34,382,149 |
| Purchase revenues | ||||
| Total revenue | $ 47,273 | $ 37,384 | $ 85,907 | $ 73,602 |
| Consignment and other fee revenues | ||||
| Total revenue | $ 34,180 | $ 30,891 | $ 67,829 | $ 61,381 |
LQDT Balance Sheet
2023-03-31Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Mar. 31, 2023 | Sep. 30, 2022 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 95,583 | $ 96,122 |
| Short-term investments | 5,615 | 1,819 |
| Accounts receivable, net of allowance for doubtful accounts of $313 and $449 | 5,960 | 11,792 |
| Inventory, net | 15,290 | 11,679 |
| Prepaid taxes and tax refund receivable | 1,994 | 1,631 |
| Prepaid expenses and other current assets | 6,135 | 6,551 |
| Total current assets | 130,577 | 129,594 |
| Property and equipment, net | 18,245 | 19,094 |
| Operating lease assets | 11,414 | 13,207 |
| Intangible assets, net | 14,274 | 16,234 |
| Goodwill | 89,464 | 88,910 |
| Deferred tax assets | 11,104 | 13,628 |
| Other assets | 8,019 | 7,437 |
| Total assets | 283,097 | 288,104 |
| Current liabilities: | ||
| Accounts payable | 42,915 | 41,982 |
| Accrued expenses and other current liabilities | 24,755 | 23,304 |
| Current portion of operating lease liabilities | 4,505 | 4,540 |
| Deferred revenue | 4,530 | 4,439 |
| Payables to sellers | 47,342 | 49,238 |
| Total current liabilities | 124,047 | 123,503 |
| Operating lease liabilities | 7,776 | 9,687 |
| Other long-term liabilities | 200 | 378 |
| Total liabilities | 132,023 | 133,568 |
| Commitments and contingencies (Note 13) | ||
| Stockholders’ equity: | ||
| Common stock, $0.001 par value; 120,000,000 shares authorized; 36,049,719 shares issued and outstanding at March 31, 2023; 35,724,057 shares issued and outstanding at September 30, 2022 | 36 | 36 |
| Additional paid-in capital | 262,118 | 258,275 |
| Treasury stock, at cost; 5,096,341 shares at March 31, 2023, and 3,813,199 shares at September 30, 2022 | (79,586) | (62,554) |
| Accumulated other comprehensive loss | (8,769) | (10,285) |
| Accumulated deficit | (22,725) | (30,936) |
| Total stockholders’ equity | 151,074 | 154,536 |
| Total liabilities and stockholders’ equity | $ 283,097 | $ 288,104 |