Liquidity Services reported a strong start to FY2025, with a 26% increase in GMV to $386.1 million and a 72% increase in revenue to $122.3 million. GAAP Net Income increased by 205% to $5.8 million, and GAAP Diluted EPS rose by 200% to $0.18. The company's performance was driven by the continuing adoption of its services and momentum across its businesses.
Liquidity Services reported a 14% increase in GMV and a 34% increase in revenue for the fourth quarter of fiscal year 2024. The company's GAAP net income increased slightly, and non-GAAP adjusted EPS rose by 23%. Record annual GMV of $1.4 billion was achieved, with double-digit growth in each segment.
Liquidity Services announced its Q3 2024 financial results, featuring a record Gross Merchandise Volume (GMV) of $380.4 million, up 14%, and Revenue of $93.6 million, up 16%. The company reported GAAP Net Income of $6.0 million, or $0.19 per share, and Non-GAAP Adjusted EPS of $0.30.
Liquidity Services reported a 13% increase in GMV and a 12% increase in revenue for the second quarter of fiscal year 2024. GAAP net income increased by 35% and Non-GAAP Adjusted EBITDA increased by 22%.
Liquidity Services reported a mixed Q1 2024 with a 13% increase in Gross Merchandise Volume (GMV) to $305.9 million but a 1% decrease in revenue to $71.3 million. GAAP net income decreased to $1.9 million, with EPS at $0.06. The company saw growth in its GovDeals and Machinio segments, while RSCG and CAG were impacted by product mix and delayed sales events.
Liquidity Services reported an 11% increase in GMV to $315.6 million and a 6% increase in revenue to $80.0 million for the fourth quarter of fiscal year 2023. GAAP net income was $6.3 million, or $0.20 per share, while Non-GAAP Adjusted EBITDA was $12.8 million, up $0.5 million, and Non-GAAP Adjusted Diluted EPS was $0.26, up 37%.
Liquidity Services reported a 16% increase in revenue to $80.8 million and a 3% increase in GMV to $334.0 million. GAAP net income was $6.5 million, or $0.21 per share, while Non-GAAP Adjusted EBITDA was $13.3 million, up $1.5 million, and Non-GAAP Adjusted Diluted EPS was $0.28, up $0.07.
Liquidity Services reported a 19% increase in revenue to $81.5 million and a 2% increase in GMV to $282.7 million. GAAP net income was $4.2 million, or $0.13 per share, while non-GAAP adjusted EBITDA increased to $9.9 million, or $0.20 per share.
Liquidity Services announced its financial results for the first quarter of fiscal year 2023, with revenue up 8% to $72.3 million and GAAP net income up to $4.0 million. The company highlighted its resilience amidst macroeconomic headwinds and its focus on market share expansion and diversification.
Liquidity Services reported a 7% increase in revenue and a 16% increase in GMV compared to the prior year. GAAP Net Income decreased due to non-cash benefits realized last year, while Non-GAAP Adjusted EBITDA increased.
Liquidity Services announced strong Q3 fiscal year 2022 financial results, with a record Gross Merchandise Volume (GMV) of $325.0 million, up 33% year-over-year. GAAP Net Income increased to $16.4 million, and GAAP Diluted EPS rose to $0.50. The company's cash balance stands at $88.3 million with zero debt.
Liquidity Services announced strong Q2 fiscal year 2022 results, with record GMV of $276.9 million, up 34%, and revenue of $68.3 million, up 11%. GAAP net income increased to $12.0 million, or $0.35 per share. The company achieved a $1.0 billion+ GMV milestone on a trailing 12-month basis.
Liquidity Services reported a record GMV of $260.2 million, a 37% increase year-over-year, and revenue of $66.7 million, a 20% increase year-over-year. GAAP Net Income was $3.6 million, down from $4.5 million in the prior year, and Non-GAAP Adjusted EBITDA was $9.4 million, up from $8.8 million in the prior year.
Liquidity Services reported a strong Q4 2021 with a 24% increase in GMV and a 26% increase in revenue. GAAP Net Income increased significantly due to a tax benefit, and Non-GAAP Adjusted EBITDA also saw an increase.
Liquidity Services reported a strong third quarter with significant growth across all segments. GMV increased by 88% to $244.7 million, and revenue rose by 46% to $69.7 million. GAAP Net Income was $8.4 million, resulting in a diluted EPS of $0.24.
Liquidity Services announced strong Q2 fiscal year 2021 results with a 44% year-over-year growth in consolidated GMV and a GAAP Net Income of $5.3 million. The company completed its $10.0 million share repurchase plan and approved a new $15.0 million plan.
Liquidity Services reported a strong first quarter in fiscal year 2021, with a 28% increase in GMV and a significant improvement in GAAP net income and Non-GAAP Adjusted EBITDA compared to the prior year. The company's performance was driven by increased adoption of its e-commerce solutions across all business segments.
Liquidity Services announced financial results for Q4 and FY 2020. Q4 performance reflected increasing customer adoption of e-commerce solutions across all business segments. The company recorded significant gains in GAAP Net Income, GAAP EPS and Non-GAAP Adjusted EBITDA.
Liquidity Services announced its Q3 FY2020 financial results, reporting a GAAP Net Income of $0.2 million and a Non-GAAP Adjusted EBITDA of $3.7 million. The company saw improving top line trends in the second half of the quarter and benefited from cost control measures.
Liquidity Services reported a GAAP Revenue of $52.8 million and a GAAP Net Loss of $4.2 million for Q2 2020. The company's performance was within the guidance range for GAAP Net Loss, GAAP EPS, Non-GAAP Adjusted EBITDA and Non-GAAP Adjusted EPS. Gross Merchandise Volume (GMV) of $144.3 million was slightly below the $145.0 million low end of guidance range.
Liquidity Services reported a GAAP Revenue of $49.5 million and a GAAP Net Loss of $5.2 million for the first quarter of fiscal year 2020. The company's performance was within the guidance range for all metrics.