Liquidity Services (LQDT) Financials

$30.39 +0.71 (+2.39%)

Closing price 04:00 PM Eastern

Extended Trading

$30.40 +0.01 (+0.03%)

As of 04:47 PM Eastern

Annual Income Statements for Liquidity Services

This table shows Liquidity Services' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	30	-105	-60	-39	-12	-19	-3.77	51	40	21	20
Consolidated Net Income / (Loss)	30	-105	-60	-39	-12	-19	-3.77	51	40	21	20
Net Income / (Loss) Continuing Operations	30	-105	-60	-39	-12	-19	-3.77	51	40	21	20
Total Pre-Tax Income	50	-144	-33	-40	-21	-18	-2.97	28	48	29	27
Total Operating Income	50	-144	-34	-40	-22	-20	-3.90	27	47	26	23
Total Gross Profit	496	231	173	144	124	-102	110	150	161	172	185
Total Revenue	496	397	316	270	225	0.00	206	258	280	314	363
Operating Revenue	496	397	316	270	225	-	206	258	280	314	363
Total Cost of Revenue	0.00	166	143	126	100	102	96	108	119	142	178
Operating Cost of Revenue	-	166	143	126	100	102	96	108	119	142	178
Total Operating Expenses	445	375	207	184	146	-83	114	123	113	146	162
Selling, General & Admin Expense	49	42	40	36	30	34	29	29	28	28	32
Marketing Expense	42	41	38	35	34	37	36	38	43	49	55
Depreciation Expense	17	9.24	6.50	5.80	4.60	5.09	6.29	6.97	10	11	12
Other Operating Expenses / (Income)	356	128	105	106	77	-159	43	49	56	57	63
Other Special Charges / (Income)	0.00	7.96	-	-	-	-	0.20	0.00	-25	0.00	0.00
Total Other Income / (Expense), net	-0.37	-0.17	1.22	0.61	0.79	1.45	0.92	0.41	0.25	2.91	3.85
Interest Expense	-	0.17	-1.22	-0.61	-0.79	-1.45	-0.92	-0.41	-0.25	-2.91	-3.85
Income Tax Expense	20	-40	27	-0.45	-9.33	1.20	0.80	-23	7.33	8.04	7.27
Basic Earnings per Share	$0.97	($3.50)	($1.96)	($1.25)	($0.36)	($0.58)	($0.11)	$1.53	$1.25	$0.68	$0.66
Weighted Average Basic Shares Outstanding	31.24M	30.55M	30.64M	31.40M	32.10M	33.06M	33.61M	33.33M	32.29M	31.08M	30.50M
Diluted Earnings per Share	$0.97	($3.50)	($1.96)	($1.25)	($0.36)	($0.58)	($0.11)	$1.45	$1.20	$0.65	$0.63
Weighted Average Diluted Shares Outstanding	31.40M	30.55M	30.64M	31.40M	32.10M	33.06M	33.61M	35.02M	33.72M	32.07M	31.63M
Weighted Average Basic & Diluted Shares Outstanding	31.30M	30.55M	30.64M	31.40M	32.10M	33.06M	33.61M	35.49M	35.80M	30.76M	30.74M

This table shows Liquidity Services' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Net Income / (Loss) Attributable to Common Shareholders	16	8.34	3.97	4.25	6.49	6.28	1.91	5.71	6.00	6.38	5.81
Consolidated Net Income / (Loss)	16	8.34	3.97	4.25	6.49	6.28	1.91	5.71	6.00	6.38	5.81
Net Income / (Loss) Continuing Operations	16	8.34	3.97	4.25	6.49	6.28	1.91	5.71	6.00	6.38	5.81
Total Pre-Tax Income	19	11	5.12	5.82	9.03	9.05	2.79	7.20	8.70	8.57	8.19
Total Operating Income	19	11	4.73	5.25	8.26	7.88	1.65	6.60	7.90	7.27	7.09
Total Gross Profit	41	41	41	41	46	45	40	47	49	49	50
Total Revenue	70	75	72	81	81	80	71	91	94	107	122
Operating Revenue	70	75	72	81	81	80	71	91	94	107	122
Total Cost of Revenue	29	34	32	40	35	35	32	44	44	58	72
Operating Cost of Revenue	29	34	32	40	35	35	32	44	44	58	72
Total Operating Expenses	22	30	36	36	37	37	38	41	42	41	43
Selling, General & Admin Expense	6.39	6.61	7.39	6.40	7.45	6.83	7.59	7.66	8.60	8.12	8.27
Marketing Expense	11	11	11	12	13	14	13	14	14	14	15
Depreciation Expense	2.64	2.78	2.76	2.80	2.87	2.82	2.90	3.20	3.20	2.82	2.52
Other Operating Expenses / (Income)	14	14	15	15	14	14	15	16	16	17	18
Total Other Income / (Expense), net	-0.10	0.18	0.39	0.57	0.78	1.18	1.14	0.60	0.81	1.31	1.10
Interest Expense	0.10	-0.18	-0.39	-0.57	-0.78	-1.18	-1.14	-0.60	-0.81	-1.31	-1.10
Income Tax Expense	2.18	3.08	1.15	1.57	2.54	2.77	0.88	1.49	2.70	2.20	2.38
Basic Earnings per Share	$0.51	$0.26	$0.12	$0.14	$0.21	$0.21	$0.06	$0.19	$0.20	$0.21	$0.19
Weighted Average Basic Shares Outstanding	31.91M	32.29M	31.82M	31.31M	30.61M	31.08M	30.61M	30.50M	30.39M	30.50M	30.64M
Diluted Earnings per Share	$0.50	$0.25	$0.12	$0.13	$0.21	$0.19	$0.06	$0.18	$0.19	$0.20	$0.18
Weighted Average Diluted Shares Outstanding	33.08M	33.72M	32.94M	32.12M	31.51M	32.07M	31.94M	31.46M	31.46M	31.63M	32.20M
Weighted Average Basic & Diluted Shares Outstanding	35.58M	35.80M	31.57M	30.68M	30.69M	30.76M	30.72M	30.48M	30.53M	30.74M	31.04M

This table details how cash moves in and out of Liquidity Services' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	-33	33	39	-40	-36	-21	40	30	-10	14	43
Net Cash From Operating Activities	12	43	46	-32	0.62	-6.24	16	65	45	47	70
Net Cash From Continuing Operating Activities	12	43	46	-32	0.62	-6.24	16	65	45	47	70
Net Income / (Loss) Continuing Operations	30	-105	-60	-39	-12	-19	-3.77	51	40	21	20
Consolidated Net Income / (Loss)	30	-105	-60	-39	-12	-19	-3.77	51	40	21	20
Depreciation Expense	17	9.24	6.50	5.80	4.60	5.09	6.29	6.97	10	11	12
Non-Cash Adjustments To Reconcile Net Income	22	154	33	18	13	-1.26	10	16	22	10	21
Changes in Operating Assets and Liabilities, net	-57	-15	67	-16	-5.00	9.19	3.59	-8.86	-27	4.77	17
Net Cash From Investing Activities	-7.68	-9.82	-6.15	-7.92	-37	-16	29	-1.00	-21	-11	-16
Net Cash From Continuing Investing Activities	-7.68	-9.82	-6.15	-7.92	-37	-16	29	-1.00	-21	-11	-16
Purchase of Property, Plant & Equipment	-7.54	-7.31	-6.09	-7.81	-4.17	-5.94	-4.19	-5.42	-8.12	-5.39	-8.91
Acquisitions	-0.14	-2.37	0.00	0.00	-17	-	0.00	0.00	-11	0.00	-13
Purchase of Investments	-	-0.14	-0.06	-0.12	-20	-70	-25	0.00	-1.82	-8.04	-2.26
Sale and/or Maturity of Investments	-	-	-	0.00	0.00	60	55	0.00	0.00	1.92	8.16
Other Investing Activities, net	-	-	-	-	-0.04	-	0.01	0.07	0.02	0.07	0.05
Net Cash From Financing Activities	-37	0.07	-0.22	-1.11	0.40	0.55	-5.70	-35	-32	-22	-11
Net Cash From Continuing Financing Activities	-37	0.07	-0.22	-1.11	0.40	0.55	-5.70	-35	-32	-22	-11
Repayment of Debt	-	-	-	0.00	-	-	0.00	0.00	-0.09	0.00	0.00
Repurchase of Common Equity	-45	-	-	-	0.00	0.00	-3.98	-31	-25	-21	-9.43
Other Financing Activities, net	7.95	0.07	-0.22	-1.11	0.40	0.55	-1.72	-3.51	-6.41	-0.87	-1.75
Effect of Exchange Rate Changes	0.24	-0.87	-0.42	-	-	-	0.11	0.54	-2.02	0.64	0.01
Cash Income Taxes Paid	18	5.68	-34	-0.79	0.92	1.01	-1.52	1.44	0.89	1.59	1.71

This table details how cash moves in and out of Liquidity Services' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Net Change in Cash & Equivalents	4.02	7.84	-20	19	2.56	12	-12	10	22	23	-25
Net Cash From Operating Activities	17	14	-11	33	10	15	-8.87	35	22	22	-12
Net Cash From Continuing Operating Activities	17	14	-11	33	10	15	-8.87	35	22	22	-12
Net Income / (Loss) Continuing Operations	16	8.35	3.97	4.24	6.49	6.28	1.91	5.71	6.00	6.38	5.81
Consolidated Net Income / (Loss)	16	8.35	3.97	4.24	6.49	6.28	1.91	5.71	6.00	6.38	5.81
Depreciation Expense	2.64	2.78	2.76	2.80	2.87	2.82	2.90	3.19	3.20	2.82	2.52
Non-Cash Adjustments To Reconcile Net Income	3.04	6.82	-3.88	6.44	1.13	6.32	1.91	6.46	16	-3.95	3.09
Changes in Operating Assets and Liabilities, net	-5.58	-4.25	-14	20	-0.47	-0.77	-16	19	-3.29	17	-24
Net Cash From Investing Activities	-2.71	-3.65	-3.02	-3.34	-3.09	-1.98	-2.08	-16	-0.06	1.53	-10
Net Cash From Continuing Investing Activities	-2.71	-3.65	-3.02	-3.34	-3.09	-1.98	-2.08	-16	-0.06	1.53	-10
Purchase of Property, Plant & Equipment	-2.72	-1.83	-1.21	-1.50	-1.19	-1.48	-1.73	-2.38	-1.96	-2.84	-1.82
Acquisitions	-	-	0.00	-	-	-	0.00	-13	-	0.11	0.00
Purchase of Investments	-	-1.82	-1.85	-1.85	-1.91	-2.43	-2.37	0.11	-	-	-11
Sale and/or Maturity of Investments	-	-	0.00	-	-	1.92	1.99	-	1.90	4.27	2.09
Other Investing Activities, net	0.01	-0.00	0.04	0.01	0.01	0.01	0.03	0.03	-	-0.01	-0.01
Net Cash From Financing Activities	-9.07	-0.93	-6.97	-10	-4.58	-0.23	-1.29	-9.05	-0.48	-0.35	-0.87
Net Cash From Continuing Financing Activities	-9.07	-0.93	-6.97	-10	-4.58	-0.23	-1.29	-9.05	-0.48	-0.35	-0.87
Repayment of Debt	-	-	0.00	-	-	-	0.00	-	-	-	0.00
Repurchase of Common Equity	-5.45	-	-7.20	-9.76	-4.24	-	-1.17	-7.88	-0.38	-	-0.08
Other Financing Activities, net	-3.62	-0.93	0.23	-0.52	-0.35	-0.23	-0.12	-1.17	-0.10	-0.35	-0.79
Effect of Exchange Rate Changes	-0.72	-1.28	0.69	0.05	0.22	-0.32	0.52	-0.21	-0.03	-0.28	-1.11
Cash Income Taxes Paid	0.24	0.29	0.16	0.38	0.44	0.62	-0.12	0.59	0.34	0.90	0.69

This table presents Liquidity Services' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	432	288	260	215	202	187	197	256	288	289	347
Total Current Assets	185	188	185	139	103	90	95	132	130	146	199
Cash & Equivalents	63	95	135	94	58	36	76	106	96	110	153
Short-Term Investments	-	-	-	0.00	20	30	-	0.00	1.82	7.89	2.31
Accounts Receivable	22	6.19	10	12	4.87	6.70	5.32	5.87	12	7.85	11
Inventories, net	78	26	28	21	10	5.84	5.61	12	12	11	17
Prepaid Expenses	22	28	9.06	9.77	7.82	8.35	5.96	5.46	6.55	7.35	14
Current Deferred & Refundable Income Taxes	0.00	33	3.37	2.47	1.73	2.53	1.65	1.71	1.63	1.78	1.52
Plant, Property, & Equipment, net	12	13	14	17	17	19	18	18	19	17	18
Total Noncurrent Assets	235	87	61	60	82	79	84	106	139	126	130
Goodwill	210	64	45	45	60	59	60	60	89	89	98
Intangible Assets	17	4.05	2.65	0.43	7.37	6.04	4.76	3.45	16	12	14
Noncurrent Deferred & Refundable Income Taxes	6.16	5.87	1.02	0.96	0.93	0.87	0.81	24	14	7.05	1.73
Other Noncurrent Operating Assets	1.82	13	12	13	14	12	19	19	21	17	16
Total Liabilities & Shareholders' Equity	432	288	260	215	202	187	197	256	288	289	347
Total Liabilities	115	72	97	83	72	71	85	121	134	127	164
Total Current Liabilities	107	69	85	71	68	69	74	109	124	121	155
Accounts Payable	16	9.50	9.73	13	14	15	22	41	42	39	59
Accrued Expenses	44	27	45	30	21	29	19	26	23	24	28
Dividends Payable	-	-	-	-	-	-	-	-	-	-	0.00
Current Deferred Revenue	-	-	-	0.00	2.14	3.05	3.26	4.62	4.44	4.70	4.79
Other Current Liabilities	46	32	31	27	31	22	30	38	54	53	63
Total Noncurrent Liabilities	7.97	3.32	12	12	3.71	2.29	10	11	10	6.72	9.18
Other Noncurrent Operating Liabilities	-	-	-	-	-	0.00	7.50	11	10	6.72	9.18
Commitments & Contingencies	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	317	216	163	133	130	116	112	135	155	162	183
Total Preferred & Common Equity	317	216	163	133	130	116	112	135	155	162	183
Total Common Equity	317	216	163	133	130	116	112	135	155	162	183
Common Stock	205	211	220	227	236	243	248	252	258	266	276
Retained Earnings	116	11	-49	-88	-100	-119	-122	-71	-31	-9.96	10
Treasury Stock	-	-	-	-	-	0.00	-3.98	-37	-63	-84	-94
Accumulated Other Comprehensive Income / (Loss)	-3.45	-5.63	-8.57	-6.43	-6.45	-7.97	-9.78	-9.01	-10	-10	-9.43

This table presents Liquidity Services' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025
Total Assets	283	269	283	283	278	304	326	333
Total Current Assets	120	114	131	135	138	151	173	189
Cash & Equivalents	88	76	96	98	99	109	130	129
Short-Term Investments	-	3.72	5.62	7.72	8.48	8.40	6.49	10
Accounts Receivable	8.13	7.97	5.96	6.26	7.75	9.55	8.82	23
Inventories, net	14	16	15	13	14	15	13	14
Prepaid Expenses	8.08	7.59	6.14	8.48	7.29	7.97	13	11
Current Deferred & Refundable Income Taxes	1.49	1.83	1.99	1.77	1.43	1.49	1.65	1.67
Plant, Property, & Equipment, net	19	19	18	18	17	17	17	18
Total Noncurrent Assets	143	137	134	131	124	135	135	126
Goodwill	89	89	89	90	90	98	98	97
Intangible Assets	17	15	14	13	12	16	15	13
Noncurrent Deferred & Refundable Income Taxes	17	12	11	9.07	6.44	5.27	2.73	0.23
Other Noncurrent Operating Assets	20	20	19	19	16	16	20	16
Total Liabilities & Shareholders' Equity	283	269	283	283	278	304	326	333
Total Liabilities	138	114	132	127	113	140	154	144
Total Current Liabilities	127	105	124	120	107	133	143	136
Accounts Payable	47	32	43	45	32	48	41	46
Accrued Expenses	25	22	25	21	17	24	28	23
Dividends Payable	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Current Deferred Revenue	4.92	4.02	4.53	4.70	4.47	4.87	4.91	4.44
Other Current Liabilities	50	48	52	50	53	56	70	63
Total Noncurrent Liabilities	11	8.81	7.98	7.02	5.95	6.56	10	8.55
Other Noncurrent Operating Liabilities	11	8.81	7.98	7.02	5.95	6.56	10	8.55
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	145	155	151	156	165	164	172	189
Total Preferred & Common Equity	145	155	151	156	165	164	172	189
Total Common Equity	145	155	151	156	165	164	172	189
Common Stock	257	261	262	264	268	269	272	278
Retained Earnings	-39	-27	-23	-16	-8.05	-2.34	3.66	16
Treasury Stock	-62	-70	-80	-84	-85	-93	-93	-94
Accumulated Other Comprehensive Income / (Loss)	-10	-9.01	-8.77	-8.12	-9.50	-9.96	-10	-11

This table displays calculated financial ratios and metrics derived from Liquidity Services' official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-2.02%	-19.88%	-20.31%	-14.67%	-16.85%	-100.00%	0.00%	25.05%	8.74%	12.29%	15.54%
EBITDA Growth	-22.54%	-302.54%	79.54%	-24.74%	50.28%	15.83%	116.60%	1,326.54%	69.10%	-35.28%	-4.91%
EBIT Growth	-27.10%	-388.16%	76.34%	-17.96%	46.01%	10.22%	80.02%	797.15%	74.49%	-44.93%	-10.35%
NOPAT Growth	-24.75%	-429.75%	76.34%	-17.96%	46.01%	10.22%	80.02%	1,939.87%	-20.08%	-52.95%	-9.06%
Net Income Growth	-26.07%	-444.90%	42.83%	34.61%	70.36%	-65.82%	80.41%	1,450.00%	-20.85%	-47.98%	-4.70%
EPS Growth	-23.02%	-460.82%	44.00%	36.22%	71.20%	-61.11%	81.03%	1,418.18%	-17.24%	-45.83%	-3.08%
Operating Cash Flow Growth	0.00%	266.83%	5.40%	-169.05%	101.96%	-1,108.40%	363.99%	297.00%	-31.47%	4.87%	49.36%
Free Cash Flow Firm Growth	-148.27%	922.37%	108.39%	-155.96%	26.68%	56.88%	192.11%	412.83%	-78.71%	163.19%	4.34%
Invested Capital Growth	15.75%	-52.62%	-76.69%	36.27%	33.74%	-2.98%	-27.98%	-19.84%	97.33%	-23.38%	-37.68%
Revenue Q/Q Growth	-2.11%	-8.97%	-0.25%	-5.97%	-3.71%	-100.00%	1,264.49%	5.94%	1.77%	1.54%	8.02%
EBITDA Q/Q Growth	-20.73%	-93.04%	57.47%	23.28%	32.35%	7.67%	128.49%	10.03%	7.42%	-8.16%	-1.69%
EBIT Q/Q Growth	-25.01%	-78.43%	52.53%	20.60%	28.20%	4.43%	73.36%	12.24%	6.60%	-11.42%	-2.54%
NOPAT Q/Q Growth	-40.26%	-78.78%	52.53%	20.60%	28.20%	4.43%	73.36%	118.09%	-38.01%	-12.79%	-0.35%
Net Income Q/Q Growth	49.93%	-47.04%	-20.17%	50.41%	52.58%	-27.75%	73.88%	115.52%	-37.71%	-8.96%	0.48%
EPS Q/Q Growth	-25.38%	-70.73%	-18.07%	51.17%	54.43%	-31.82%	74.42%	113.24%	-36.17%	-8.45%	1.61%
Operating Cash Flow Q/Q Growth	132.70%	-6.08%	7.65%	-348.09%	103.92%	23.86%	61.80%	6.29%	6.03%	2.09%	11.68%
Free Cash Flow Firm Q/Q Growth	-118.57%	-16.15%	153.15%	-265.93%	-19.82%	67.29%	60.77%	1.17%	-0.21%	14.36%	4.69%
Invested Capital Q/Q Growth	-2.65%	-27.22%	-68.15%	29.27%	60.47%	-9.18%	-4.61%	636.33%	0.38%	-13.19%	-23.17%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	58.20%	54.77%	53.25%	55.42%	0.00%	53.38%	58.19%	57.36%	54.74%	50.97%
EBITDA Margin	13.45%	-33.99%	-8.73%	-12.76%	-7.63%	0.00%	1.16%	13.26%	20.61%	11.88%	9.78%
Operating Margin	10.17%	-36.31%	-10.78%	-14.90%	-9.68%	0.00%	-1.89%	10.55%	16.93%	8.30%	6.44%
EBIT Margin	10.10%	-36.31%	-10.78%	-14.90%	-9.68%	0.00%	-1.89%	10.55%	16.93%	8.30%	6.44%
Profit (Net Income) Margin	6.13%	-26.39%	-18.94%	-14.51%	-5.17%	0.00%	-1.83%	19.78%	14.40%	6.67%	5.50%
Tax Burden Percent	60.72%	72.59%	182.14%	98.86%	55.46%	106.64%	126.94%	184.74%	84.62%	72.30%	73.33%
Interest Burden Percent	100.00%	100.12%	96.43%	98.49%	96.39%	92.58%	76.29%	101.51%	100.52%	111.15%	116.48%
Effective Tax Rate	39.28%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-84.74%	15.38%	27.71%	26.67%
Return on Invested Capital (ROIC)	12.91%	-53.85%	-32.14%	-84.87%	-33.99%	0.00%	-6.38%	155.73%	94.08%	37.76%	48.77%
ROIC Less NNEP Spread (ROIC-NNEP)	13.20%	-48.96%	-0.79%	-75.24%	-38.15%	0.00%	-4.92%	154.89%	93.88%	35.81%	46.70%
Return on Net Nonoperating Assets (RNNOA)	-3.29%	14.52%	0.48%	58.32%	25.13%	0.00%	3.07%	-114.44%	-66.23%	-24.49%	-37.15%
Return on Equity (ROE)	9.62%	-39.33%	-31.66%	-26.55%	-8.86%	-15.67%	-3.31%	41.28%	27.85%	13.27%	11.62%
Cash Return on Invested Capital (CROIC)	-1.69%	17.55%	92.25%	-115.57%	-62.86%	-24.04%	26.14%	177.75%	28.61%	64.24%	95.19%
Operating Return on Assets (OROA)	11.73%	-40.05%	-12.44%	-16.93%	-10.42%	0.00%	-2.03%	12.02%	17.44%	9.05%	7.36%
Return on Assets (ROA)	7.12%	-29.11%	-21.85%	-16.49%	-5.57%	0.00%	-1.97%	22.53%	14.83%	7.27%	6.29%
Return on Common Equity (ROCE)	9.62%	-39.33%	-31.66%	-26.55%	-8.86%	-15.67%	-3.31%	41.28%	27.85%	13.27%	11.62%
Return on Equity Simple (ROE_SIMPLE)	9.59%	-48.53%	-36.85%	-29.54%	-8.96%	-16.58%	-3.38%	37.74%	26.09%	12.99%	10.95%
Net Operating Profit after Tax (NOPAT)	31	-101	-24	-28	-15	-14	-2.73	50	40	19	17
NOPAT Margin	6.18%	-25.42%	-7.55%	-10.43%	-6.77%	0.00%	-1.32%	19.49%	14.32%	6.00%	4.72%
Net Nonoperating Expense Percent (NNEP)	-0.28%	-4.89%	-31.35%	-9.63%	4.16%	-7.73%	-1.47%	0.83%	0.21%	1.95%	2.07%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	25.96%	11.68%	9.40%
Cost of Revenue to Revenue	0.00%	41.80%	45.23%	46.75%	44.58%	0.00%	46.62%	41.81%	42.64%	45.26%	49.03%
SG&A Expenses to Revenue	9.97%	10.48%	12.55%	13.36%	13.58%	0.00%	14.16%	11.24%	10.10%	8.93%	8.80%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	89.83%	94.51%	65.55%	68.16%	65.10%	0.00%	55.27%	47.64%	40.43%	46.44%	44.52%
Earnings before Interest and Taxes (EBIT)	50	-144	-34	-40	-22	-20	-3.90	27	47	26	23
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	67	-135	-28	-34	-17	-14	2.39	34	58	37	36
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.29	1.03	2.12	1.40	1.57	2.14	2.27	5.67	3.74	3.35	3.81
Price to Tangible Book Value (P/TBV)	4.52	1.50	3.01	2.14	3.27	4.92	5.38	10.68	11.71	9.06	9.82
Price to Revenue (P/Rev)	0.82	0.56	1.09	0.69	0.91	0.00	1.23	2.97	2.07	1.72	1.92
Price to Earnings (P/E)	13.42	0.00	0.00	0.00	0.00	0.00	0.00	15.03	14.35	25.78	34.82
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	7.45%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	6.65%	6.97%	3.88%	2.87%
Enterprise Value to Invested Capital (EV/IC)	1.36	1.05	7.51	2.39	2.45	3.67	4.97	23.00	8.49	9.75	20.00
Enterprise Value to Revenue (EV/Rev)	0.70	0.32	0.67	0.34	0.56	0.00	0.86	2.56	1.72	1.34	1.49
Enterprise Value to EBITDA (EV/EBITDA)	5.18	0.00	0.00	0.00	0.00	0.00	74.36	19.32	8.33	11.31	15.22
Enterprise Value to EBIT (EV/EBIT)	6.90	0.00	0.00	0.00	0.00	0.00	0.00	24.28	10.14	16.19	23.10
Enterprise Value to NOPAT (EV/NOPAT)	11.28	0.00	0.00	0.00	0.00	0.00	0.00	13.14	11.98	22.39	31.50
Enterprise Value to Operating Cash Flow (EV/OCF)	29.12	2.91	4.60	0.00	202.80	0.00	10.80	10.08	10.72	8.99	7.70
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	3.84	3.08	0.00	0.00	0.00	15.93	11.51	39.40	13.16	16.14
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.25	-0.30	-0.61	-0.78	-0.66	-0.59	-0.63	-0.74	-0.71	-0.68	-0.80
Leverage Ratio	1.35	1.35	1.45	1.61	1.59	1.58	1.68	1.83	1.88	1.83	1.85
Compound Leverage Factor	1.35	1.35	1.40	1.59	1.53	1.47	1.28	1.86	1.89	2.03	2.15
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	4.26	2.11	3.10	1.79	1.96	1.01	2.03	4.89	3.99	3.99	4.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.73	2.72	2.16	1.96	1.50	1.31	1.27	1.21	1.05	1.21	1.28
Quick Ratio	0.79	1.47	1.69	1.50	1.22	1.06	1.09	1.03	0.89	1.04	1.08
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-4.00	33	69	-38	-28	-12	11	57	12	32	34
Operating Cash Flow to CapEx	157.26%	594.79%	752.68%	-405.55%	178.90%	-109.68%	1,209.84%	6,079.65%	552.06%	872.93%	788.38%
Free Cash Flow to Firm to Interest Expense	0.00	192.38	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	254.33	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	211.57	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.16	1.10	1.15	1.14	1.08	0.00	1.07	1.14	1.03	1.09	1.14
Accounts Receivable Turnover	21.67	28.49	38.24	24.60	27.27	0.00	34.25	46.04	31.72	32.02	37.62
Inventory Turnover	0.00	3.19	5.39	5.22	6.49	12.83	16.77	11.91	9.89	12.49	12.63
Fixed Asset Turnover	43.74	30.98	22.82	17.33	13.44	0.00	11.23	14.52	15.25	17.35	20.69
Accounts Payable Turnover	0.00	13.02	14.88	11.06	7.43	7.09	5.19	3.44	2.89	3.51	3.64
Days Sales Outstanding (DSO)	16.84	12.81	9.54	14.84	13.39	0.00	10.66	7.93	11.51	11.40	9.70
Days Inventory Outstanding (DIO)	0.00	114.32	67.73	69.90	56.27	28.45	21.76	30.63	36.91	29.23	28.90
Days Payable Outstanding (DPO)	0.00	28.03	24.52	33.01	49.16	51.52	70.34	106.04	126.23	103.99	100.20
Cash Conversion Cycle (CCC)	16.84	99.10	52.75	51.73	20.50	0.00	-37.92	-67.48	-77.82	-63.36	-61.59
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	254	121	28	38	51	50	36	29	57	43	27
Invested Capital Turnover	2.09	2.12	4.26	8.13	5.02	0.00	4.82	7.99	6.57	6.29	10.32
Increase / (Decrease) in Invested Capital	35	-134	-92	10	13	-1.53	-14	-7.10	28	-13	-16
Enterprise Value (EV)	345	126	211	92	126	183	178	660	481	423	541
Market Capitalization	408	222	346	186	204	249	254	766	579	541	696
Book Value per Share	$10.69	$7.19	$5.29	$4.21	$4.04	$3.45	$3.28	$3.81	$4.34	$5.26	$5.98
Tangible Book Value per Share	$3.04	$4.93	$3.74	$2.76	$1.94	$1.51	$1.39	$2.02	$1.39	$1.94	$2.32
Total Capital	317	216	163	133	130	116	112	135	155	162	183
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-63	-95	-135	-94	-78	-66	-76	-106	-98	-118	-156
Capital Expenditures (CapEx)	7.54	7.31	6.09	7.81	0.35	5.69	1.36	1.08	8.12	5.39	8.91
Debt-free, Cash-free Net Working Capital (DFCFNWC)	15	24	-35	-26	-44	-45	-56	-84	-92	-93	-111
Debt-free Net Working Capital (DFNWC)	78	119	99	68	35	21	20	23	6.09	26	44
Net Working Capital (NWC)	78	119	99	68	35	21	20	23	6.09	26	44
Net Nonoperating Expense (NNE)	0.22	3.86	36	11	-3.59	5.60	1.05	-0.76	-0.21	-2.11	-2.83
Net Nonoperating Obligations (NNO)	-63	-95	-135	-94	-78	-66	-76	-106	-98	-118	-156
Total Depreciation and Amortization (D&A)	17	9.24	6.50	5.80	4.60	5.09	6.29	6.97	10	11	12
Debt-free, Cash-free Net Working Capital to Revenue	3.09%	5.98%	-11.09%	-9.70%	-19.57%	0.00%	-27.09%	-32.49%	-32.80%	-29.45%	-30.68%
Debt-free Net Working Capital to Revenue	15.72%	30.02%	31.42%	25.25%	15.37%	0.00%	9.84%	8.80%	2.18%	8.13%	12.13%
Net Working Capital to Revenue	15.72%	30.02%	31.42%	25.25%	15.37%	0.00%	9.84%	8.80%	2.18%	8.13%	12.13%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.97	($3.50)	($1.96)	($1.25)	($0.36)	($0.58)	($0.11)	$1.53	$1.25	$0.68	$0.66
Adjusted Weighted Average Basic Shares Outstanding	31.24M	29.99M	30.64M	31.89M	33.08M	33.89M	34.15M	33.33M	32.29M	31.08M	30.50M
Adjusted Diluted Earnings per Share	$0.97	($3.50)	($1.96)	($1.25)	($0.36)	($0.58)	($0.11)	$1.45	$1.20	$0.65	$0.63
Adjusted Weighted Average Diluted Shares Outstanding	31.40M	29.99M	30.64M	31.89M	33.08M	33.89M	34.15M	35.02M	33.72M	32.07M	31.63M
Adjusted Basic & Diluted Earnings per Share	$0.97	$0.00	($1.96)	($1.25)	($0.36)	($0.58)	($0.11)	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	29.93M	30.55M	31.29M	31.89M	32.10M	33.06M	33.61M	35.49M	35.80M	30.76M	30.74M
Normalized Net Operating Profit after Tax (NOPAT)	19	7.81	-11	-27	-15	-14	-2.59	19	19	19	17
Normalized NOPAT Margin	3.92%	1.97%	-3.34%	-10.17%	-6.63%	0.00%	-1.26%	7.38%	6.92%	6.00%	4.72%
Pre Tax Income Margin	10.10%	-36.36%	-10.40%	-14.68%	-9.33%	0.00%	-1.44%	10.71%	17.02%	9.23%	7.50%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	-843.36	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	-590.35	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	-886.12	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	-633.11	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	147.66%	0.00%	0.00%	0.00%	0.00%	0.00%	-105.54%	61.13%	63.11%	101.05%	47.15%

This table displays calculated financial ratios and metrics derived from Liquidity Services' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.29%	6.93%	8.36%	19.30%	15.61%	6.32%	-1.32%	12.28%	15.90%	33.73%	71.51%
EBITDA Growth	107.16%	39.74%	10.41%	-48.36%	-47.87%	-23.69%	-39.25%	21.62%	-0.24%	-5.69%	111.01%
EBIT Growth	117.54%	35.31%	5.44%	-59.59%	-55.84%	-29.94%	-65.16%	25.71%	-4.36%	-7.74%	330.30%
NOPAT Growth	101.78%	-75.09%	4.73%	-67.91%	-64.06%	-33.51%	-69.26%	36.69%	-8.21%	-1.10%	346.28%
Net Income Growth	94.89%	-74.53%	10.13%	-64.54%	-60.46%	-24.75%	-51.93%	34.49%	-7.51%	1.53%	204.67%
EPS Growth	108.33%	-73.12%	20.00%	-62.86%	-58.00%	-24.00%	-50.00%	38.46%	-9.52%	5.26%	200.00%
Operating Cash Flow Growth	-28.08%	22.88%	-669.70%	158.65%	-39.30%	7.04%	16.76%	5.61%	121.95%	50.11%	-36.82%
Free Cash Flow Firm Growth	-186.11%	-149.15%	-408.94%	115.32%	134.36%	194.91%	169.62%	207.00%	63.50%	16.28%	-25.21%
Invested Capital Growth	1,347.57%	97.33%	64.06%	2.36%	-11.41%	-23.38%	-22.28%	-5.98%	-29.58%	-37.68%	-14.27%
Revenue Q/Q Growth	2.33%	7.64%	-3.88%	12.69%	-0.84%	-1.01%	-10.80%	28.22%	2.36%	14.22%	14.41%
EBITDA Q/Q Growth	36.88%	-34.29%	-46.57%	7.45%	38.17%	-3.79%	-57.46%	115.10%	13.33%	-9.05%	-4.83%
EBIT Q/Q Growth	44.00%	-39.86%	-57.96%	10.98%	57.36%	-4.58%	-79.09%	300.43%	19.71%	-7.95%	-2.48%
NOPAT Q/Q Growth	38.33%	-50.20%	-55.39%	4.43%	54.93%	-7.88%	-79.38%	364.44%	4.04%	-0.74%	-6.95%
Net Income Q/Q Growth	37.08%	-49.15%	-52.46%	7.01%	52.82%	-3.21%	-69.63%	199.37%	5.10%	6.25%	-8.86%
EPS Q/Q Growth	42.86%	-50.00%	-52.00%	8.33%	61.54%	-9.52%	-68.42%	200.00%	5.56%	5.26%	-10.00%
Operating Cash Flow Q/Q Growth	29.43%	-17.04%	-177.83%	409.54%	-69.63%	46.29%	-160.53%	492.72%	-36.17%	-1.06%	-155.17%
Free Cash Flow Firm Q/Q Growth	-105.97%	45.26%	-30.19%	110.44%	362.00%	51.19%	-4.51%	-53.98%	146.05%	7.53%	-38.58%
Invested Capital Q/Q Growth	15.72%	0.38%	32.64%	-33.56%	0.14%	-13.19%	34.55%	-19.63%	-24.99%	-23.17%	85.08%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	58.59%	55.13%	56.04%	50.44%	56.42%	56.25%	55.80%	51.65%	52.77%	45.58%	41.01%
EBITDA Margin	30.54%	18.64%	10.36%	9.88%	13.77%	13.38%	6.38%	10.70%	11.85%	9.44%	7.85%
Operating Margin	26.76%	14.95%	6.54%	6.44%	10.22%	9.85%	2.31%	7.21%	8.43%	6.80%	5.79%
EBIT Margin	26.76%	14.95%	6.54%	6.44%	10.22%	9.85%	2.31%	7.21%	8.43%	6.80%	5.79%
Profit (Net Income) Margin	23.49%	11.10%	5.49%	5.21%	8.03%	7.85%	2.67%	6.24%	6.41%	5.96%	4.75%
Tax Burden Percent	88.26%	73.07%	77.54%	72.96%	71.84%	69.37%	68.40%	79.34%	68.95%	74.35%	70.94%
Interest Burden Percent	99.44%	101.56%	108.23%	110.90%	109.39%	114.92%	169.28%	109.11%	110.22%	117.99%	115.56%
Effective Tax Rate	11.74%	26.93%	22.46%	27.04%	28.16%	30.65%	31.60%	20.66%	31.05%	25.65%	29.06%
Return on Invested Capital (ROIC)	215.62%	71.76%	23.97%	28.48%	42.77%	42.99%	7.42%	38.25%	45.96%	52.17%	31.43%
ROIC Less NNEP Spread (ROIC-NNEP)	215.71%	71.63%	23.62%	28.03%	42.20%	42.24%	6.59%	37.82%	45.50%	51.46%	30.79%
Return on Net Nonoperating Assets (RNNOA)	-165.94%	-50.54%	-13.85%	-18.30%	-27.27%	-28.88%	-3.84%	-26.20%	-33.68%	-40.93%	-21.38%
Return on Equity (ROE)	49.68%	21.22%	10.13%	10.18%	15.51%	14.11%	3.58%	12.05%	12.27%	11.24%	10.05%
Cash Return on Invested Capital (CROIC)	40.56%	28.61%	18.12%	62.84%	52.81%	64.24%	49.54%	42.75%	75.18%	95.19%	54.31%
Operating Return on Assets (OROA)	28.25%	15.40%	6.72%	6.87%	11.19%	10.74%	2.64%	7.95%	9.32%	7.77%	7.85%
Return on Assets (ROA)	24.80%	11.43%	5.64%	5.56%	8.79%	8.56%	3.06%	6.88%	7.08%	6.81%	6.43%
Return on Common Equity (ROCE)	49.68%	21.22%	10.13%	10.18%	15.51%	14.11%	3.58%	12.05%	12.27%	11.24%	10.05%
Return on Equity Simple (ROE_SIMPLE)	44.75%	0.00%	26.26%	21.82%	14.79%	0.00%	11.44%	12.43%	11.57%	0.00%	12.63%
Net Operating Profit after Tax (NOPAT)	16	8.22	3.67	3.83	5.93	5.46	1.13	5.23	5.44	5.40	5.03
NOPAT Margin	23.62%	10.93%	5.07%	4.70%	7.34%	6.83%	1.58%	5.72%	5.82%	5.05%	4.11%
Net Nonoperating Expense Percent (NNEP)	-0.09%	0.13%	0.35%	0.45%	0.57%	0.76%	0.84%	0.44%	0.46%	0.71%	0.64%
Return On Investment Capital (ROIC_SIMPLE)	-	5.32%	-	-	-	3.38%	0.68%	-	-	2.96%	2.66%
Cost of Revenue to Revenue	41.41%	44.87%	43.96%	49.56%	43.58%	43.75%	44.20%	48.35%	47.23%	54.42%	58.99%
SG&A Expenses to Revenue	9.14%	8.79%	10.22%	7.86%	9.23%	8.54%	10.63%	8.37%	9.19%	7.59%	6.76%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	31.83%	40.18%	49.50%	44.00%	46.20%	46.40%	53.49%	44.43%	44.34%	38.78%	35.22%
Earnings before Interest and Taxes (EBIT)	19	11	4.73	5.25	8.26	7.88	1.65	6.60	7.90	7.27	7.09
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	21	14	7.49	8.05	11	11	4.55	9.79	11	10	9.60
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.31	3.74	3.25	2.75	3.25	3.35	3.19	3.49	3.54	3.81	5.25
Price to Tangible Book Value (P/TBV)	12.52	11.71	10.00	8.78	9.57	9.06	8.24	11.33	10.23	9.82	12.62
Price to Revenue (P/Rev)	1.74	2.07	1.76	1.39	1.63	1.72	1.68	1.77	1.81	1.92	2.40
Price to Earnings (P/E)	7.39	14.35	12.37	12.61	21.97	25.78	27.92	28.03	30.61	34.82	41.54
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	13.54%	6.97%	8.08%	7.93%	4.55%	3.88%	3.58%	3.57%	3.27%	2.87%	2.41%
Enterprise Value to Invested Capital (EV/IC)	6.91	8.49	5.64	6.31	8.02	9.75	7.22	9.69	13.43	20.00	17.06
Enterprise Value to Revenue (EV/Rev)	1.42	1.72	1.48	1.05	1.29	1.34	1.34	1.40	1.40	1.49	2.06
Enterprise Value to EBITDA (EV/EBITDA)	7.25	8.33	7.25	6.18	9.84	11.31	12.24	12.56	13.07	15.22	21.03
Enterprise Value to EBIT (EV/EBIT)	8.77	10.14	8.89	7.88	13.58	16.19	18.29	18.64	19.67	23.10	29.59
Enterprise Value to NOPAT (EV/NOPAT)	6.02	11.98	10.52	9.79	18.50	22.39	25.81	25.67	27.42	31.50	40.45
Enterprise Value to Operating Cash Flow (EV/OCF)	9.22	10.72	13.11	5.99	8.69	8.99	8.63	8.97	7.51	7.70	12.75
Enterprise Value to Free Cash Flow (EV/FCFF)	31.89	39.40	38.67	10.15	14.26	13.16	12.74	21.97	14.76	16.14	29.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.77	-0.71	-0.59	-0.65	-0.65	-0.68	-0.58	-0.69	-0.74	-0.80	-0.69
Leverage Ratio	2.00	1.88	1.90	1.97	1.88	1.83	1.71	1.86	1.86	1.85	1.73
Compound Leverage Factor	1.98	1.91	2.06	2.19	2.06	2.10	2.89	2.03	2.05	2.18	1.99
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	3.05	3.58	3.66	2.92	3.56	3.78	4.04	3.65	3.62	3.85	5.71
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.95	1.05	1.08	1.05	1.12	1.21	1.29	1.14	1.21	1.28	1.39
Quick Ratio	0.76	0.89	0.83	0.86	0.93	1.04	1.07	0.95	1.02	1.08	1.20
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-36	-20	-26	2.68	12	19	18	8.22	20	22	13
Operating Cash Flow to CapEx	606.99%	748.82%	-879.46%	2,201.07%	839.28%	989.87%	-512.59%	1,465.97%	1,136.54%	774.31%	-667.77%
Free Cash Flow to Firm to Interest Expense	-346.04	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	158.75	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	132.60	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.06	1.03	1.03	1.07	1.09	1.09	1.15	1.10	1.11	1.14	1.35
Accounts Receivable Turnover	40.48	31.72	36.23	47.56	43.06	32.02	39.90	41.71	44.61	37.62	26.89
Inventory Turnover	8.23	9.89	8.34	9.50	10.49	12.49	9.22	9.51	12.00	12.63	15.51
Fixed Asset Turnover	15.28	15.25	15.56	16.38	16.93	17.35	17.75	18.33	19.43	20.69	23.83
Accounts Payable Turnover	2.66	2.89	3.88	3.21	3.07	3.51	4.44	3.20	3.63	3.64	5.61
Days Sales Outstanding (DSO)	9.02	11.51	10.07	7.67	8.48	11.40	9.15	8.75	8.18	9.70	13.57
Days Inventory Outstanding (DIO)	44.36	36.91	43.76	38.40	34.79	29.23	39.61	38.38	30.41	28.90	23.53
Days Payable Outstanding (DPO)	136.99	126.23	93.97	113.63	118.76	103.99	82.19	114.21	100.69	100.20	65.03
Cash Conversion Cycle (CCC)	-83.62	-77.82	-40.14	-67.56	-75.50	-63.36	-33.43	-67.08	-62.10	-61.59	-27.93
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	56	57	75	50	50	43	58	47	35	27	50
Invested Capital Turnover	9.13	6.57	4.73	6.06	5.83	6.29	4.70	6.69	7.90	10.32	7.65
Increase / (Decrease) in Invested Capital	52	28	29	1.15	-6.44	-13	-17	-2.99	-15	-16	-8.33
Enterprise Value (EV)	390	481	423	315	400	423	421	454	472	541	853
Market Capitalization	478	579	503	416	506	541	528	571	609	696	993
Book Value per Share	$4.07	$4.34	$4.33	$4.78	$5.08	$5.26	$5.40	$5.34	$5.64	$5.98	$6.15
Tangible Book Value per Share	$1.07	$1.39	$1.41	$1.50	$1.72	$1.94	$2.10	$1.64	$1.95	$2.32	$2.56
Total Capital	145	155	155	151	156	162	165	164	172	183	189
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-88	-98	-80	-101	-106	-118	-107	-117	-137	-156	-139
Capital Expenditures (CapEx)	2.72	1.83	1.21	1.50	1.19	1.48	1.73	2.38	1.96	2.84	1.82
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-95	-92	-72	-95	-91	-93	-76	-99	-107	-111	-86
Debt-free Net Working Capital (DFNWC)	-6.55	6.09	8.20	6.53	15	26	31	18	30	44	53
Net Working Capital (NWC)	-6.55	6.09	8.20	6.53	15	26	31	18	30	44	53
Net Nonoperating Expense (NNE)	0.09	-0.13	-0.30	-0.42	-0.56	-0.82	-0.78	-0.48	-0.56	-0.97	-0.78
Net Nonoperating Obligations (NNO)	-88	-98	-80	-101	-106	-118	-107	-117	-137	-156	-139
Total Depreciation and Amortization (D&A)	2.64	2.78	2.76	2.80	2.87	2.82	2.90	3.19	3.20	2.82	2.52
Debt-free, Cash-free Net Working Capital to Revenue	-34.46%	-32.80%	-25.10%	-31.68%	-29.43%	-29.45%	-24.30%	-30.53%	-31.76%	-30.68%	-20.73%
Debt-free Net Working Capital to Revenue	-2.38%	2.18%	2.87%	2.19%	4.75%	8.13%	9.85%	5.65%	8.91%	12.13%	12.85%
Net Working Capital to Revenue	-2.38%	2.18%	2.87%	2.19%	4.75%	8.13%	9.85%	5.65%	8.91%	12.13%	12.85%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.51	$0.26	$0.12	$0.14	$0.21	$0.21	$0.06	$0.19	$0.20	$0.21	$0.19
Adjusted Weighted Average Basic Shares Outstanding	31.91M	32.29M	31.82M	31.31M	30.61M	31.08M	30.61M	30.50M	30.39M	30.50M	30.64M
Adjusted Diluted Earnings per Share	$0.50	$0.25	$0.12	$0.13	$0.21	$0.19	$0.06	$0.18	$0.19	$0.20	$0.18
Adjusted Weighted Average Diluted Shares Outstanding	33.08M	33.72M	32.94M	32.12M	31.51M	32.07M	31.94M	31.46M	31.46M	31.63M	32.20M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	35.58M	35.80M	31.57M	30.68M	30.69M	30.76M	30.72M	30.48M	30.53M	30.74M	31.04M
Normalized Net Operating Profit after Tax (NOPAT)	6.35	8.22	3.67	3.83	5.93	5.46	1.13	5.23	5.44	5.40	5.03
Normalized NOPAT Margin	9.09%	10.93%	5.07%	4.70%	7.34%	6.83%	1.58%	5.72%	5.82%	5.05%	4.11%
Pre Tax Income Margin	26.61%	15.18%	7.08%	7.14%	11.18%	11.32%	3.91%	7.87%	9.30%	8.02%	6.70%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	179.76	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	158.65	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	153.61	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	132.50	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	62.48%	63.11%	72.95%	67.99%	91.99%	101.05%	80.17%	65.17%	47.38%	47.15%	34.89%

Frequently Asked Questions About Liquidity Services' Financials

When does Liquidity Services's fiscal year end?

According to the most recent income statement we have on file, Liquidity Services' financial year ends in September. Their financial year 2024 ended on September 30, 2024.

How has Liquidity Services' net income changed over the last 10 years?

Liquidity Services' net income appears to be on a downward trend, with a most recent value of $19.99 million in 2024, falling from $30.39 million in 2014. The previous period was $20.98 million in 2023.

What is Liquidity Services's operating income?

Liquidity Services's total operating income in 2024 was $23.40 million, based on the following breakdown:

Total Gross Profit: $185.17 million
Total Operating Expenses: $161.76 million

How has Liquidity Services revenue changed over the last 10 years?

Over the last 10 years, Liquidity Services' total revenue changed from $495.66 million in 2014 to $363.32 million in 2024, a change of -26.7%.

How much debt does Liquidity Services have?

Liquidity Services' total liabilities were at $164.33 million at the end of 2024, a 28.9% increase from 2023, and a 43.2% increase since 2014.

How much cash does Liquidity Services have?

In the past 10 years, Liquidity Services' cash and equivalents has ranged from $36.50 million in 2019 to $153.23 million in 2024, and is currently $153.23 million as of their latest financial filing in 2024.

How has Liquidity Services' book value per share changed over the last 10 years?

Over the last 10 years, Liquidity Services' book value per share changed from 10.69 in 2014 to 5.98 in 2024, a change of -44.0%.

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This page (NASDAQ:LQDT) was last updated on 4/15/2025 by MarketBeat.com Staff

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Liquidity Services (LQDT) Financials

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Liquidity Services (LQDT) Financials

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