From GlobeNewswire: 2025-02-06 06:55:00

Liquidity Services reported record financial results for Q1 of fiscal year 2025, with a $386.1 million Gross Merchandise Volume (GMV), a 26% increase. Revenue reached $122.3 million, up 72%, with GAAP Net Income of $5.8 million, a 205% increase. The company also announced the acquisition of Auction Software to expand its services and market reach.

The strong performance was driven by double-digit GMV growth in all segments, with RSCG segment setting new quarterly records. GovDeals and Machinio contributed to steady growth, while CAG scaled its recurring seller base by over 30% organically. Registered buyers increased by 9% to 5.7 million, with completed transactions up by 6% to 253,000.

For Q2 of fiscal year 2025, Liquidity Services anticipates continued growth with GMV expected to range between $360 to $390 million. GAAP Net Income is projected to be between $5.5 to $8.0 million, and Non-GAAP Adjusted EBITDA between $12.0 to $14.5 million. The company expects growth in key financial metrics and segments, with a focus on expanding purchase programs and revenue growth.

The company’s forward-looking statements include potential impacts on GMV, revenue, and segment profits, influenced by factors like purchase-consignment transaction mix and economic conditions. Liquidity Services uses non-GAAP measures like Adjusted EBITDA and Adjusted Net Income to supplement its financial reporting, reflecting core operating performance and excluding certain expenses. The company continues to focus on sustainability efforts and supporting clients in extending asset life and reducing waste.



Read more at GlobeNewswire:: Liquidity Services Announces First Quarter Fiscal Year 2025