LQDT - Liquidity Services, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$44.00
DETAILS
HIGH:
$44.00
LOW:
$44.00
MEDIAN:
$44.00
CONSENSUS:
$44.00
UPSIDE:
24.51%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||
| Revenue | 476.7 | 363.3 | 314.5 | 280.1 | 257.5 | 205.9 | 226.5 | 224.5 | 270.0 | 316.5 | 397.1 | 495.7 | 505.9 | 475.3 | 327.4 | 273.0 | 236.3 | 263.9 | 198.6 | 147.8 | 89.4 | 75.9 | 60.7 | 44.5 |
| Cost of Revenue | 267.9 | 178.2 | 142.3 | 119.4 | 107.7 | 96.0 | 102.4 | 100.1 | 126.2 | 143.1 | 166.0 | 211.7 | 199.5 | 198.1 | 126.4 | 109.4 | 86.6 | 71.3 | 47.0 | 12.2 | 6.3 | 5.7 | 4.5 | 0 |
| Gross Profit | 208.8 | 185.2 | 172.1 | 160.6 | 149.9 | 109.9 | 124.1 | 124.4 | 143.8 | 173.3 | 231.1 | 284.0 | 306.4 | 277.2 | 201.0 | 163.6 | 149.7 | 192.6 | 151.6 | 135.7 | 83.1 | 70.1 | 56.2 | 0 |
| Operating Expenses | ||||||||||||||||||||||||
| R&D Expenses | 0 | 0 | 0 | 55.5 | 47.7 | 42.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 67.6 | 52.2 | 45.7 | 46.5 | 41.5 | 33.4 | 20.1 | 14.7 | 12.8 | 0 | 0 |
| SG&A Expenses | 93.7 | 86.8 | 77.5 | 71.5 | 66.6 | 64.8 | 133.4 | 139.7 | 173.6 | 181.9 | 210.4 | 235.4 | 215.1 | 179.2 | 151.3 | 85.3 | 86.1 | 129.6 | 30.1 | 101.2 | 61.9 | 50.4 | 3.8 | 0 |
| Other Expenses | 80.0 | 75.0 | 68.5 | (13.8) | 8.4 | 6.9 | 10.2 | 6.5 | 10.5 | 25.5 | 164.9 | (1.8) | 23.3 | (51.7) | (39.8) | 4.9 | 3.9 | 2.9 | 71.8 | 1.5 | 0.7 | 0.5 | 48.9 | 43.0 |
| Operating Expenses | 173.7 | 161.8 | 146.0 | 113.2 | 122.7 | 113.8 | 143.6 | 146.2 | 184.0 | 207.4 | 375.3 | 233.6 | 238.4 | 195.0 | 163.7 | 135.9 | 136.5 | 174.0 | 135.3 | 122.8 | 77.3 | 63.7 | 52.7 | 43.0 |
| Operating Income | ||||||||||||||||||||||||
| Operating Income | 35.1 | 23.4 | 26.1 | 47.4 | 27.2 | (3.9) | (19.5) | (21.7) | (40.2) | (34.1) | (144.2) | 50.4 | 68.0 | 82.2 | 37.3 | 27.7 | 13.2 | 18.6 | 16.3 | 12.8 | 5.9 | 6.4 | 3.5 | 1.5 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.2 | 0.2 | 0 | 0.7 | 2.2 | 1.2 | 0.4 | 0 | 1.5 | 2.2 | 0.4 | 0 | 0 | 0 | 0 |
| Interest Income | 4.4 | 3.9 | 2.9 | 0.2 | 0.4 | 0.9 | 1.4 | 0.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||||||||||||||
| EBITDA | 45.5 | 35.5 | 37.4 | 33.2 | 34.1 | 2.6 | (14.3) | (16.7) | (33.4) | (8.6) | 20.4 | 48.6 | 91.2 | 98.0 | 49.7 | 32.1 | 17.1 | 21.5 | 18.4 | 14.4 | 6.6 | 7.0 | 5.4 | 44.5 |
| EBIT | 35.1 | 23.4 | 26.1 | 22.9 | 27.2 | (3.7) | (19.4) | (21.3) | (39.2) | (15.1) | 11.2 | 32.0 | 73.9 | 83.9 | 44.0 | 27.7 | 13.2 | 18.6 | 16.3 | 12.8 | 5.9 | 6.4 | 3.5 | 44.5 |
| Income Before Tax | 39.4 | 27.3 | 29.0 | 47.7 | 27.6 | (3.0) | (18.1) | (20.9) | (39.6) | (32.9) | (144.4) | 50.0 | 68.7 | 79.9 | 36.1 | 24.2 | 13.7 | 20.1 | 18.5 | 13.3 | 5.3 | 5.8 | 3.1 | 1.3 |
| Income Tax Expense | 11.3 | 7.3 | 8.0 | 7.3 | (23.4) | 0.8 | 1.2 | (9.3) | (0.5) | 27.0 | (39.6) | 19.7 | 27.6 | 31.7 | 15.5 | 12.2 | 8.0 | 8.5 | 7.5 | 5.3 | 1.2 | 0.5 | 0.4 | 0 |
| Net Income | 28.1 | 20.0 | 21.0 | 40.3 | 50.9 | (3.8) | (19.3) | (11.6) | (39.2) | (59.9) | (104.8) | 30.4 | 41.1 | 48.3 | 8.5 | 12.0 | 5.7 | 11.6 | 11.0 | 8.0 | 4.1 | 5.3 | 2.8 | 1.3 |
| Per Share Data | ||||||||||||||||||||||||
| EPS (Basic) | 0.91 | 0.66 | 0.68 | 1.25 | 1.53 | -0.11 | -0.58 | -0.36 | -1.25 | -1.96 | -3.50 | 0.97 | 1.30 | 1.57 | 0.31 | 0.44 | 0.21 | 0.41 | 0.40 | 0.33 | 0.22 | 0.31 | 0.19 | 0.10 |
| EPS (Diluted) | 0.87 | 0.63 | 0.65 | 1.20 | 1.45 | -0.11 | -0.58 | -0.36 | -1.25 | -1.96 | -3.50 | 0.97 | 1.26 | 1.47 | 0.29 | 0.44 | 0.21 | 0.41 | 0.39 | 0.31 | 0.18 | 0.29 | 0.17 | 0.07 |
| Shares Outstanding | 30.9 | 30.5 | 31.1 | 32.3 | 33.3 | 33.6 | 33.1 | 32.1 | 31.3 | 30.6 | 29.9 | 31.2 | 31.6 | 30.9 | 27.7 | 27.1 | 27.7 | 28.0 | 27.8 | 24.1 | 19.0 | 17.0 | 14.4 | 13.6 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2009 | 2008 | 2004 | 2003 | 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||
| Cash & Cash Equivalents | 174.6 | 153.2 | 110.3 | 96.1 | 106.3 | 76.0 | 36.5 | 58.4 | 94.3 | 134.5 | 33.5 | 52.0 | 5.5 | 0 | 0 |
| Short-Term Investments | 11.2 | 2.3 | 7.9 | 1.8 | 0 | 0 | 30 | 20 | 0 | 0 | 30.6 | 11.2 | 6.7 | 0 | 0 |
| Net Receivables | 12.5 | 13.0 | 8.7 | 12.7 | 6.5 | 7.3 | 9.8 | 4.9 | 15.0 | 11.6 | 4.2 | 4.7 | 1.9 | 0 | 0 |
| Inventory | 14.2 | 17.1 | 11.1 | 11.7 | 12.5 | 5.6 | 5.8 | 10.1 | 20.7 | 27.6 | 14.3 | 13.3 | 0.9 | 0 | 0 |
| Other Current Assets | 10.0 | 11.3 | 6.0 | 5.5 | 5.0 | 5.6 | 7.8 | 9.5 | 6.8 | 11.2 | 8.7 | 7.7 | 0.6 | 0 | 0 |
| Total Current Assets | 222.5 | 196.9 | 144.1 | 127.8 | 130.2 | 94.6 | 89.9 | 103.0 | 138.9 | 184.9 | 91.4 | 88.8 | 15.5 | 0 | 0 |
| Non-Current Assets | |||||||||||||||
| Property, Plant & Equipment | 29.8 | 30.0 | 27.0 | 32.3 | 31.1 | 28.4 | 18.8 | 16.6 | 16.8 | 14.4 | 6.1 | 4.7 | 1.1 | 0 | 0 |
| Goodwill | 102.9 | 97.8 | 89.4 | 88.9 | 59.9 | 59.8 | 59.5 | 59.8 | 45.4 | 45.1 | 33.7 | 34.7 | 0 | 0 | 0 |
| Intangible Assets | 13.3 | 13.9 | 12.5 | 16.2 | 3.5 | 4.8 | 6.0 | 7.4 | 0.4 | 2.6 | 4.2 | 5.6 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 4.6 | 3.8 | 5.5 | 0 | 8.3 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 6.1 | 6.6 | 9.0 | 9.2 | 2.5 | 4.4 | 6.6 | 14.1 | 4.4 | 12.0 | 3.1 | 3.3 | 1.1 | 0 | 0 |
| Total Non-Current Assets | 152.6 | 150.0 | 162.0 | 179.0 | 125.3 | 102.1 | 97.4 | 98.8 | 76.3 | 75.2 | 47.2 | 48.3 | 2.2 | 0 | 0 |
| Total Assets | 375.1 | 346.9 | 306.0 | 306.8 | 255.6 | 196.6 | 187.3 | 201.8 | 215.2 | 260.1 | 138.6 | 137.2 | 17.7 | 13.7 | 11.1 |
| Current Liabilities | |||||||||||||||
| Account Payables | 61.5 | 58.7 | 39.1 | 42.0 | 40.6 | 22.0 | 15.1 | 13.9 | 13.1 | 9.7 | 5.5 | 8.3 | 1.0 | 0 | 0 |
| Short-Term Debt | 5.2 | 5.3 | 4.2 | 4.7 | 4.3 | 3.8 | 0 | 0 | 0 | 0 | 0.1 | 0.0 | 0.4 | 0 | 0 |
| Deferred Revenue | 5.1 | 4.8 | 4.7 | 4.4 | 4.6 | 3.3 | 3.0 | 2.1 | 0 | 0 | 0 | 10.3 | 2.8 | 0 | 0 |
| Other Current Liabilities | 89.9 | 86.4 | 72.7 | 72.4 | 59.6 | 45.3 | 50.7 | 52.5 | 57.7 | 75.8 | 26.1 | 29.5 | 5.6 | 0 | 0 |
| Total Current Liabilities | 161.6 | 155.2 | 120.7 | 123.5 | 109.2 | 74.3 | 68.8 | 68.5 | 70.8 | 85.5 | 31.6 | 37.8 | 8.5 | 0 | 0 |
| Non-Current Liabilities | |||||||||||||||
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | 1.6 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 17.1 | 18.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 1.3 | 0.0 | 0.0 | 0.2 | 1.1 | 2.7 | 2.3 | 3.7 | 11.8 | 12.0 | 2.9 | 3.0 | 0.1 | 0 | 0 |
| Total Non-Current Liabilities | 10.2 | 9.2 | 23.8 | 28.8 | 11.4 | 10.5 | 2.3 | 3.7 | 11.8 | 12.0 | 3.0 | 3.0 | 1.8 | 0 | 0 |
| Total Liabilities | 171.9 | 164.3 | 144.5 | 152.3 | 120.6 | 84.8 | 71.1 | 72.2 | 82.6 | 97.5 | 34.6 | 40.8 | 10.3 | 10.0 | 10.4 |
| Stockholders' Equity | |||||||||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0 |
| Retained Earnings | 38.1 | 10.0 | (10.0) | (30.9) | (71.4) | (122.3) | (118.6) | (100.0) | (88.2) | (49.0) | 37.8 | 32.1 | (2.6) | 0 | 0 |
| Accumulated Other Comprehensive Income | (10.6) | (9.4) | (10.5) | (10.3) | (9.0) | (9.8) | (8.0) | (6.4) | (6.4) | (8.6) | (3.6) | (1.7) | (1.6) | 0 | 0 |
| Total Stockholders' Equity | 203.2 | 182.6 | 161.5 | 154.5 | 135.0 | 111.8 | 116.2 | 129.7 | 132.6 | 162.6 | 104.0 | 96.4 | 7.4 | 3.7 | 0.8 |
| Total Liabilities & Equity | 375.1 | 346.9 | 306.0 | 306.8 | 255.6 | 196.6 | 187.3 | 201.8 | 215.2 | 260.1 | 138.6 | 137.2 | 17.7 | 13.7 | 11.1 |
| Debt Metrics | |||||||||||||||
| Total Debt | 14.1 | 14.4 | 10.9 | 14.6 | 14.6 | 11.6 | 0 | 0 | 0 | 0 | 0.1 | 0.1 | 2.2 | 0 | 0 |
| Net Debt | (160.5) | (138.8) | (99.4) | (81.6) | (91.7) | (64.5) | (36.5) | (58.4) | (94.3) | (134.5) | (33.4) | (51.9) | (3.4) | 0 | 0 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2005 | 2004 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Net Income | 28.1 | 20.0 | 21.0 | 40.3 | 50.9 | (3.8) | (19.3) | (11.6) | (39.2) | (59.9) | 4.1 | 5.3 |
| Depreciation & Amortization | 10.4 | 12.1 | 11.3 | 10.3 | 7.0 | 6.3 | 5.1 | 4.6 | 5.8 | 6.5 | 0.8 | 0.6 |
| Stock-Based Compensation | 14.5 | 11.1 | 8.2 | 8.5 | 6.9 | 5.7 | 6.5 | 6.6 | 7.4 | 12.2 | 0 | 0 |
| Change in Working Capital | 10.0 | 20.7 | (2.4) | 3.8 | 23.2 | 7.5 | (2.7) | 9.6 | (17.4) | 41.2 | 1.7 | (0.5) |
| Other Non-Cash Items | 1.4 | 1.0 | 2.4 | (24.4) | 1.9 | 0.7 | 4.0 | 2.4 | 12.4 | 22.1 | 0.3 | 0.3 |
| Operating Cash Flow | 66.8 | 70.2 | 47.0 | 44.8 | 65.4 | 16.5 | (6.2) | 0.6 | (31.7) | 48.4 | 6.1 | 5.6 |
| Investing Activities | ||||||||||||
| Capital Expenditure | (7.8) | (8.9) | (5.4) | (8.1) | (5.5) | (4.2) | (6.0) | (4.2) | (7.9) | (6.2) | (0.5) | (0.4) |
| Acquisitions | (6.5) | (13.2) | 0 | (11.2) | 0.1 | 0.0 | 0.0 | (16.7) | 0 | 0 | (3.8) | 0 |
| Purchases of Investments | (19.0) | (2.3) | (8.0) | (1.8) | 0 | (25) | (70) | (20) | 0 | 0 | (28.7) | (42.0) |
| Sales/Maturities of Investments | 10.1 | 8.2 | 1.9 | 0 | 0 | 55 | 60 | 0.0 | 0 | 0 | 35.4 | 39.5 |
| Other Investing Activities | 0.2 | 0.1 | 0.1 | 0.0 | 4.3 | 2.9 | 0.2 | 3.8 | (0.1) | (0.1) | (5.7) | 0.0 |
| Investing Cash Flow | (23.0) | (16.1) | (11.4) | (21.1) | (1.0) | 28.6 | (15.7) | (37.1) | (7.9) | (6.2) | (3.2) | (3.0) |
| Financing Activities | ||||||||||||
| Net Debt Issuance | (0.1) | (0.1) | (0.1) | (0.1) | (0.0) | (0.0) | 0 | 0 | 0 | 0 | 2.3 | (1.4) |
| Stock Repurchased | (16.2) | (9.4) | (21.2) | (25.4) | (31.1) | (4.0) | (0.0) | 0 | 0 | 0 | (0.5) | (1.8) |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (20.2) |
| Other Financing Activities | (5.7) | (1.7) | (0.8) | (6.4) | (3.9) | (1.8) | 0.5 | 0.4 | (1.1) | (0.2) | 0 | 20.0 |
| Financing Cash Flow | (21.8) | (11.2) | (22.1) | (31.9) | (34.7) | (5.7) | 0.5 | 0.4 | (1.1) | (0.2) | 2.0 | (3.5) |
| Cash Position | ||||||||||||
| Net Change in Cash | 21.4 | 42.9 | 14.2 | (10.2) | 30.3 | 39.5 | (22.0) | (35.9) | (40.2) | 39.0 | 4.9 | (0.9) |
| Cash at Beginning | 153.2 | 110.3 | 96.1 | 106.3 | 76.0 | 36.5 | 58.4 | 94.3 | 134.5 | 95.5 | 5.5 | 6.4 |
| Cash at End | 174.6 | 153.2 | 110.3 | 96.1 | 106.3 | 76.0 | 36.5 | 58.4 | 94.3 | 134.5 | 10.4 | 5.5 |
| Free Cash Flow | 59.0 | 61.3 | 41.6 | 36.7 | 60.0 | 12.2 | (12.2) | (3.6) | (39.6) | 42.2 | 5.7 | 5.2 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||
| Revenue | 476.7 | 363.3 | 314.5 | 280.1 | 257.5 | 205.9 | 226.5 | 224.5 | 270.0 | 316.5 | 397.1 | 495.7 | 505.9 | 475.3 | 327.4 | 273.0 | 236.3 | 263.9 | 198.6 | 147.8 | 89.4 | 75.9 | 60.7 | 44.5 |
| Gross Profit | 208.8 | 185.2 | 172.1 | 160.6 | 149.9 | 109.9 | 124.1 | 124.4 | 143.8 | 173.3 | 231.1 | 284.0 | 306.4 | 277.2 | 201.0 | 163.6 | 149.7 | 192.6 | 151.6 | 135.7 | 83.1 | 70.1 | 56.2 | 0 |
| Operating Income | 35.1 | 23.4 | 26.1 | 47.4 | 27.2 | (3.9) | (19.5) | (21.7) | (40.2) | (34.1) | (144.2) | 50.4 | 68.0 | 82.2 | 37.3 | 27.7 | 13.2 | 18.6 | 16.3 | 12.8 | 5.9 | 6.4 | 3.5 | 1.5 |
| Net Income | 28.1 | 20.0 | 21.0 | 40.3 | 50.9 | (3.8) | (19.3) | (11.6) | (39.2) | (59.9) | (104.8) | 30.4 | 41.1 | 48.3 | 8.5 | 12.0 | 5.7 | 11.6 | 11.0 | 8.0 | 4.1 | 5.3 | 2.8 | 1.3 |
| EPS (Diluted) | 0.87 | 0.63 | 0.65 | 1.20 | 1.45 | -0.11 | -0.58 | -0.36 | -1.25 | -1.96 | -3.50 | 0.97 | 1.26 | 1.47 | 0.29 | 0.44 | 0.21 | 0.41 | 0.39 | 0.31 | 0.18 | 0.29 | 0.17 | 0.07 |
| Balance Sheet | ||||||||||||||||||||||||
| Cash & Equivalents | 174.6 | 153.2 | 110.3 | 96.1 | 106.3 | 76.0 | 36.5 | 58.4 | 94.3 | 134.5 | 33.5 | 52.0 | 5.5 | 0 | 0 | |||||||||
| Total Assets | 375.1 | 346.9 | 306.0 | 306.8 | 255.6 | 196.6 | 187.3 | 201.8 | 215.2 | 260.1 | 138.6 | 137.2 | 17.7 | 13.7 | 11.1 | |||||||||
| Total Debt | 14.1 | 14.4 | 10.9 | 14.6 | 14.6 | 11.6 | 0 | 0 | 0 | 0 | 0.1 | 0.1 | 2.2 | 0 | 0 | |||||||||
| Stockholders' Equity | 203.2 | 182.6 | 161.5 | 154.5 | 135.0 | 111.8 | 116.2 | 129.7 | 132.6 | 162.6 | 104.0 | 96.4 | 7.4 | 3.7 | 0.8 | |||||||||
| Cash Flow | ||||||||||||||||||||||||
| Operating Cash Flow | 66.8 | 70.2 | 47.0 | 44.8 | 65.4 | 16.5 | (6.2) | 0.6 | (31.7) | 48.4 | 6.1 | 5.6 | ||||||||||||
| Capital Expenditure | (7.8) | (8.9) | (5.4) | (8.1) | (5.5) | (4.2) | (6.0) | (4.2) | (7.9) | (6.2) | (0.5) | (0.4) | ||||||||||||
| Free Cash Flow | 59.0 | 61.3 | 41.6 | 36.7 | 60.0 | 12.2 | (12.2) | (3.6) | (39.6) | 42.2 | 5.7 | 5.2 | ||||||||||||