Liquidity Services reports Q4 EPS 32c vs. 26c last year

Reports Q4 revenue $106.9M vs. $80.0M last year. “Our strong Q4 results capped a successful year of market share expansion and consistent growth in FY24 backed by investments in innovation, service and execution for our customers. We achieved double-digit consolidated GMV growth in each quarter throughout the year and each of our segments achieved double-digit annual GMV growth, culminating in record annual GMV of $1.4B. Overall, we are seeing enhanced network effects in our two-sided marketplace platform as we grew our auction participants and completed transactions by 22% and 12%, respectively, during the quarter. We converted this growth to over $22M in operating cash flow in Q4, highlighting the strength of our asset light business model…Overall, our scalable marketplace technology, broad range of services, diversified client base, organic growth initiatives and pipeline of acquisition opportunities will propel us in continuing our track record of growth. Together, we will continue to lead the industry, create value, and build a better future for surplus,” said Bill Angrick, CEO.