Liquidity Services, Inc. (NASDAQ:LQDT) Q1 2021 Earnings Conference Call February 4, 2021 10:30 AM ET Company Participants William Angrick - Chief Executive Officer and Chairman of the Board of Directors Jorge Celaya - Chief Financial Officer Conference Call Participants Dalton Kern - Baird Gary Prestopino - Barrington Research Operator Welcome to the Liquidity Services Inc. First Quarter Fiscal Year 2021 Financial Results Conference Call. My name is James, and I'll be your operator for today's call. Please ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 30, 2020 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 LIQUIDITY SERVICES, INC. (Exact name of registrant as specified in its charter) 6931 Arlington Road, Suite 200, Bethesda, MD. (A ...

Liquidity Services, Inc. (NASDAQ:LQDT) Q4 2020 Earnings Conference Call December 8, 2020 10:30 AM ET Company Participants Julie Davis - Senior Director, IR William Angrick - Co-founder, Chairman & CEO Jorge Celaya - EVP & CFO Conference Call Participants Gary Prestopino - Barrington Research Associates Dalton Kern - Robert W. Baird & Co. Operator Welcome to the Q4 and Fiscal Year 2020 Liquidity Services Earnings Conference Call. My name is John, and I'll be the operator for today's call. At this time, all p ...

Financial Data and Key Metrics Changes - For Q3 2020, the company reported a GMV of $130.1 million, revenue of $47.7 million, GAAP net income of $200,000, and adjusted EBITDA of $3.7 million, reflecting a 23% decline in GMV and a 16% decline in revenue year-over-year due to the impact of COVID-19 [16][17][18] - The company ended the quarter with $72.7 million in cash, an increase of $20.9 million compared to the previous quarter, and maintained a debt-free balance sheet [18][19] Business Line Data and Key Metrics Changes - The retail segment experienced a GMV increase of 14% and a revenue increase of 7% year-over-year, driven by growing volumes within existing online seller accounts [17][18] - The Machinio segment saw a revenue increase of 23% year-over-year, attributed to cost-effective lead generation solutions for equipment sellers [8][18] - The Govdeals segment reported a GMV decline of 36% and a revenue decline of 35% year-over-year, while the CAG segment GMV was down 18% and revenue down 38% when excluding the DoD scrap contract [17][18] Market Data and Key Metrics Changes - The company noted a significant shift in consumer behavior towards digital solutions during the pandemic, leading to increased inquiries across all segments [6][7] - The AllSurplus marketplace saw a 148% increase in buyer registrations, a 119% increase in traffic, a 161% increase in unique bidders, and a 65% increase in direct transactions compared to Q2 2020 [10] Company Strategy and Development Direction - The company is focusing on enhancing its online marketplace platform and technology infrastructure to meet the evolving needs of customers in a post-pandemic world [6][12] - The strategy includes promoting self-service solutions and expanding the AllSurplus marketplace to support sellers and buyers adapting to cloud-based business processes [11][13] - The company aims to leverage its position in the reverse supply chain to address the growing demand for efficient liquidation solutions as retail and industrial sectors recover [12][40] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the fourth quarter based on improving trends observed at the end of Q3, despite the ongoing uncertainty related to the pandemic [19] - The company is cautious about providing specific financial guidance due to the unpredictable nature of public policy actions and their impact on economic activity [11][19] Other Important Information - The company restored full pay for all un-furloughed employees and is cautiously resuming marketing and technology investments [19] - Management highlighted the importance of automation and digital tools to enhance productivity and reduce operational costs [29] Q&A Session Summary Question: Discussion on AllSurplus benefits and buyer activity - Management noted that buyers are embracing the AllSurplus platform, leading to record participation and increased supply available in the marketplace [22] Question: Retail business focus on e-commerce returns - Management confirmed that most of the retail business is indeed focused on e-commerce returns, contributing to growth [25] Question: Increase in cash for the quarter - Management explained that the increase in cash was due to strong cash generation and some deferred payments, indicating a solid cash-generating quarter [44]

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, 2020 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 LIQUIDITY SERVICES, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 52-2209244 (State or Other Jurisdict ...

Liquidity Services, Inc. (NASDAQ:LQDT) Q2 2020 Earnings Conference Call May 7, 2020 10:30 AM ET Company Participants Julie Davis - Senior Director, IR William Angrick - Co-founder, Chairman & CEO Jorge Celaya - EVP & CFO Conference Call Participants Colin Sebastian - Robert W. Baird & Co. Gary Prestopino - Barrington Research Associates Operator Ladies and gentlemen, thank you for standing by, and welcome to the Q2 Fiscal Year 2020 Liquidity Services Earnings Conference Call. [Operator Instructions]. I woul ...

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 March 31, 2020 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 LIQUIDITY SERVICES, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 52-2209244 (State or Other Jurisdic ...

Liquidity Services Inc. (NASDAQ:LQDT) Q1 2020 Earnings Conference Call February 6, 2020 10:30 AM ET Company Participants Julie Davis – Senior Director, Investor Relations Bill Angrick – Chairman and Chief Executive Officer Jorge Celaya – Executive Vice President and Chief Financial Officer Conference Call Participants Colin Sebastian – Baird Operator Ladies and gentlemen, thank you for standing by and welcome to the First Quarter 2020 Liquidity Services Earnings Conference Call. At this time, all participan ...

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 December 31, 2019 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 LIQUIDITY SERVICES, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 52-2209244 (State or Other Juris ...