Liquidity Services(LQDT) - 2022 Q1 - Earnings Call Presentation

Company Overview - Liquidity Services operates a B2B e-commerce marketplace for surplus assets, promoting the Circular Economy[6] - The company has over 15,000 trusted clients worldwide and has completed over 800,000 transactions annually[9] - Liquidity Services has completed over $9 billion in transactions[9] Market Performance - In Q2-FY22, AllSurplus marketplace experienced a +696% increase in closed transactions and a +478% increase in auction participants[28] - Machinio Segment revenue grew by 29% in Q2-FY22 due to subscriber growth[40] - Bid4Assets has completed the sale of over $1 billion in assets since inception[33] Financial Highlights - For the three months ended March 31, 2022, Net Income was $12 million[45] - Q2 FY22 Adjusted EBITDA was $9215 thousand[51] - GovDeals accounted for 65% of the company's GMV mix in Q2 FY22[49]