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]

Core Insights - The City of Bentonville, AR is resuming virtual auctions for surplus assets in partnership with GovDeals, enhancing efficiency and global reach compared to traditional methods [1][2] - The partnership has generated over $429,000 in sales since its inception, with $142,000 earned in the previous year alone, highlighting the financial advantages of online auctions [2] Company Overview - GovDeals is a leading online marketplace for surplus government and educational assets, offering a range of items from heavy equipment to real estate [4] - The platform allows government agencies to sell surplus assets in a transparent manner, providing sellers with more control and lower fees compared to traditional auction methods [4] - GovDeals is operated by Liquidity Services, a trusted company in the surplus industry, which supports millions of customers globally [4]

Company Overview - Liquidity Services (NASDAQ: LQDT) is a leading global e-commerce company focused on the circular economy, operating the world's largest B2B e-commerce marketplace platform for surplus assets [3] - The company has completed over $10 billion in transactions, serving more than five million qualified buyers and 15,000 corporate and government sellers worldwide [3] Upcoming Events - Liquidity Services will present at the East Coast IDEAS Investor Conference on June 11, 2025, at 10:00 AM ET in New York, NY [1] - The presentation will be available as a webcast on the East Coast IDEAS conference page and the Liquidity Services Investor Relations page [2] Sustainability Efforts - The company supports clients' sustainability initiatives by extending the life of assets, preventing waste and carbon emissions, and reducing landfill contributions [3]

Core Insights - The article discusses potential investment opportunities in LQDT, indicating a possible long position may be initiated within the next 72 hours [1]. Group 1 - The analyst has no current stock or derivative positions in the companies mentioned but may consider purchasing LQDT stock or options soon [1]. - The article expresses the author's personal opinions and is not influenced by any compensation from companies mentioned [1]. Group 2 - There is a disclaimer regarding past performance not guaranteeing future results, emphasizing that no specific investment advice is provided [2]. - The article highlights that the views expressed may not represent the overall stance of Seeking Alpha, and the analysts may not be licensed or certified [2].

Company Overview - TopFX celebrates its 15th anniversary, marking a significant milestone in providing forex trading solutions, deep liquidity access, and innovative trading technology globally [1] - Founded in 2010, TopFX is a fully regulated group of forex brokers under CySEC and Seychelles, serving both retail and institutional clients worldwide [4] Business Evolution - Originally focused on delivering deep liquidity to institutional partners, TopFX has evolved into a full-service brokerage, providing access to execution, tools, and infrastructure for all traders [2] - The company emphasizes performance, transparency, and adaptability, continually investing in technology to meet market demands [2] Trading Environment - TopFX offers a complete trading environment with diverse instruments and advanced tools, allowing clients to choose between MT4 and cTrader platforms [3] - Clients benefit from spreads starting from 0.0 pips and fast execution speeds with no hidden costs [3] Future Growth Plans - The CEO of TopFX, Victor Zachariades, announced plans for the next phase of growth, including strengthening partner programs and introducing new client benefits [4] - Upcoming platform enhancements and account types are being prepared to reflect the needs of today's traders, promising greater flexibility and access for the global trading community [4] Client Empowerment - TopFX provides access to a wide range of assets, Islamic accounts, copy trading, and integrated tools like Autochartist and Trading Central, empowering clients with data-driven insights [4]

Core Insights - Elko County successfully conducted a virtual tax foreclosure sale, selling all 199 properties auctioned from April 14 to April 18, 2025 [1] - The online tax sales have broadened the exposure of distressed properties, allowing more properties to return to the tax rolls and generating funds for essential county services [2][3] - Since starting online tax sales in 2021, Elko County has sold over 750 properties, demonstrating the effectiveness of this approach [3] Company Insights - Bid4Assets is a leading online marketplace for distressed real estate, having conducted over 150,000 property sales, generating more than $1.8 billion in government transactions [5] - The company emphasizes the benefits of virtual sales, with participation from over 150 bidders across 16 states in the recent auction, maximizing revenues for Elko County [4] - Bid4Assets operates as a subsidiary of Liquidity Services, which manages a large B2B e-commerce platform for surplus assets, with over $10 billion in completed transactions [6]

Core Insights - Miami-Dade County has initiated online surplus auctions on GovDeals, enhancing the sale of seized vehicles, industrial equipment, and office items [1][2] - The online auction process increases efficiency and accessibility, allowing a broader audience to participate, which improves the chances of selling surplus items [2] - Since starting online auctions in 2015, Miami-Dade County has generated over $36 million in auction proceeds [3] Company Overview - GovDeals is the leading marketplace for surplus government and educational assets, offering a range of items from heavy equipment to real estate [4] - The platform specializes in surplus disposition technology, enabling government agencies to sell assets in a transparent manner with lower fees compared to traditional auction methods [4] - GovDeals is powered by Liquidity Services, a trusted company in the circular economy, providing access to surplus assets across a centralized network [4]

Core Points - Jefferson County Public Schools is conducting its first online surplus auction for a daycare building in Louisville, utilizing GovDeals as the platform for this transaction [1][3] - The auction includes a building of 8,935 square feet and 3.286 acres of land, totaling 143,138 square feet, constructed in 1995 [2] - The initiative aims to efficiently manage surplus property and reduce operational costs by reaching a wider audience through online exposure [3] Company Overview - GovDeals is recognized as the leading marketplace for surplus government and educational assets, offering a range of items from real estate to heavy equipment [4] - The platform allows sellers to manage their listings with greater control and lower fees compared to traditional auction methods, enhancing transparency in the surplus asset disposition process [4] - GovDeals is operated by Liquidity Services, a company known for supporting customers in the circular economy globally [4]

Investor Presentation Second Quarter Fiscal Year 2025 © 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 ...

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, 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 LIQUIDITY SERVICES, INC. (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of (I.R.S. Empl ...