UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 0-51813 (State or Other Jurisdiction of (I.R.S. Employer Incorporation or Organization) Identification No.) LIQUIDITY SERVICES, INC. ...

Liquidity Services (LQDT) Q3 2025 Earnings Call August 07, 2025 10:30 AM ET Speaker0Welcome to the Liquidity Services Inc. Third Quarter of Fiscal Year twenty twenty five Financial Results Conference Call. My name is Cath, and I will be your operator for today's call. Please note that this conference call is being recorded. At this time, all participants are in a listen only mode.Later, we will conduct a question and answer session. I will now turn the call over to Michael Patrick, Liquidity Services' Vice ...

© Liquidity Services, Inc. All Rights Reserved. 1 Forward-Looking Information This document contains forward-looking statements. These statements are only predictions. The outcome of the events described in these forward-looking statements is subject to known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by ...

Exhibit 99.1 LIQUIDITY SERVICES ANNOUNCES THIRD QUARTER FISCAL YEAR 2025 FINANCIAL RESULTS Proprietary Technology and Disciplined Execution Drive Record GMV and Double-Digit Earnings Growth Bethesda, MD - August 7, 2025 - Liquidity Services (NASDAQ:LQDT; www.liquidityservices.com), a leading global commerce company powering the circular economy, today announced its financial results for its fiscal quarter ended June 30, 2025, as compared to the corresponding prior year quarter: "Our strong financial results ...

Proprietary Technology and Disciplined Execution Drive Record GMV and Double-Digit Earnings GrowthBETHESDA, Md. , Aug. 07, 2025 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT; www.liquidityservices.com), a leading global commerce company powering the circular economy, today announced its financial results for its fiscal quarter ended June 30, 2025, as compared to the corresponding prior year quarter: Record Gross Merchandise Volume (GMV) of $413.0 million, up 9%, and Revenue of $119.9 million, up 28%GA ...

Company Announcement - Liquidity Services expects to report its third quarter fiscal year 2025 results on August 7, 2025, prior to market open [1] - The conference call to review the results will be hosted by Bill Angrick, Chairman and CEO, and Jorge Celaya, EVP and CFO, at 10:30 AM Eastern Time [1] Conference Call Participation - Interested participants can register to receive the dial-in number and unique conference pin for the conference call [2] - A live webcast of the conference call will be available on the company's investor relations site, with an archive accessible until August 7, 2026 [2] Company Overview - Liquidity Services operates the world's largest B2B e-commerce marketplace platform for surplus assets, with over $10 billion in completed transactions [3] - The company serves more than five million qualified buyers and 15,000 corporate and government sellers globally [3] - Liquidity Services supports sustainability efforts by extending the life of assets, preventing waste and carbon emissions, and reducing landfill products [3]

Core Insights - Liquidity Services has appointed Paul J. Hennessy to its board of directors effective October 1, 2025, where he will also serve on the Corporate Governance and Nominating Committee and the Audit Committee [1][2] Company Overview - Liquidity Services operates the world's largest B2B e-commerce marketplace platform for surplus assets, having completed over $10 billion in transactions to more than five million qualified buyers and 15,000 corporate and government sellers globally [3] Leadership Experience - Paul J. Hennessy brings over 30 years of leadership experience in technology-enabled marketplaces, having served as CEO of Shutterstock, Inc. since July 2022, and previously held CEO positions at Vroom, Inc. and Priceline.com [2][3] - Hennessy's background includes significant roles in marketing and distribution at Booking.com and Priceline.com, showcasing his expertise in growing innovative marketplace businesses [2] Strategic Focus - Hennessy expressed his commitment to advancing Liquidity Services' strategic priorities and contributing to its success in the circular economy [3] - The company aims to enhance its market presence and service offerings while pursuing emerging opportunities for long-term growth [2]

Group 1 - The State of Iowa is conducting online surplus auctions for 200 travel trailers from the 2023, 2024, and 2025 model years on GovDeals [1][2] - Minimum bids for the auctions start at $5,000, with bidding concluding between June 23-27 [2] - Inspections of the trailers are available as noted on individual auction pages on the GovDeals platform [2] Group 2 - Barbara J. Bendon, Bureau Chief of the State of Iowa, emphasized the auction format's accessibility for potential buyers and the goal of maximizing surplus value for government revenue [3] - GovDeals specializes in online auctions for surplus and confiscated assets, providing a user-friendly platform for government entities to manage surplus property efficiently [3][5] - GovDeals is powered by Liquidity Services, which supports a wide range of customers in the circular economy globally [5]

Group 1 - The State of Iowa is conducting online surplus auctions for 200 travel trailers from the 2023, 2024, and 2025 model years on GovDeals [1][2] - Minimum bids for the auctions start at $5,000, with bidding concluding between June 23-27 [2] - Inspections of the trailers are available as noted on individual auction pages on the GovDeals platform [2] Group 2 - Barbara J. Bendon, Bureau Chief of the State of Iowa, emphasized the auction format's accessibility for potential buyers and the goal of maximizing surplus value for government revenue [3] - GovDeals specializes in online auctions for surplus and confiscated assets, providing a user-friendly platform for government entities to manage surplus property efficiently [3][5] - GovDeals is powered by Liquidity Services, which supports a wide range of customers in the circular economy globally [5]

Summary of Liquidity Services Conference Call Company Overview - Liquidity Services has been a pioneer in the circular economy marketplace for nearly 25 years, providing an e-commerce platform to help organizations monetize inventory and equipment in their supply chain [1][2] - The company serves a diverse seller community, including government agencies, e-commerce retailers, and industrial manufacturing firms, enabling them to capture more value from their existing equipment [1][2] Core Business Model - The platform connects a deep pool of buyers interested in used equipment and return merchandise, allowing sellers to utilize a one-stop solution globally [2][3] - Liquidity Services operates on a consignment pricing model, with about 80% of GMV (Gross Merchandise Value) generated from this model, aligning the company's success with that of its sellers [13][35] Market Position and Growth Opportunities - The company is a market leader across various industry verticals, with a current GMV run rate of approximately $1.6 billion, and specific verticals like heavy equipment expected to reach $1 billion GMV [10][30] - There is significant growth potential in the government sector, with only about 15% market penetration, and new clients like New York City and the state of New York coming online [20][21] - The retail supply chain group represents about 20% of GMV, addressing the challenge of managing returns in online retail, which can account for about 30% of sales [23][25] Technological Innovations - The company is leveraging research and development in its tech platform across multiple industries to enhance the buyer and seller experience [6][41] - The introduction of "Asset AI" aims to improve the assessment and valuation of assets, enhancing the overall marketplace experience [15][41] Financial Performance - Liquidity Services has maintained a solid profitable growth culture, funding its operations through free cash flow and carrying no debt [34][40] - The company aims for organic growth of 10-20% in top-line revenue, focusing on direct profit and EBITDA growth [17][35] Environmental and Economic Impact - The company emphasizes sustainability, helping sellers and buyers extend the useful life of assets and reduce waste [3][12] - The circular economy model is positioned to benefit both the environment and the financial performance of organizations [3][7] Strategic Initiatives - Liquidity Services is expanding its international presence, particularly through the Machinio platform, which lists $20 billion of used equipment globally [43] - The acquisition of Auction Software is expected to enhance the company's software solutions and provide a platform for resellers in the circular economy [33][41] Conclusion - Liquidity Services is well-positioned to capitalize on the growing demand for used equipment and returns management, with a strong focus on technology, sustainability, and market leadership [1][10][34]