LIQUIDITY SERVICES, INC LQDT Income Statement

Liquidity services, inc (LQDT)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Jun'10
Total revenue
218,000	221,976	226,525	220,440	214,127	217,424	224,514	233,173	248,124	260,362	270,015	287,164	306,832	321,375	316,454	317,234	321,792	337,857	397,125	436,251	473,470	498,856	495,661	506,370	503,604	505,599	505,856	499,004	496,078	491,478	475,304	432,233	394,270	357,959	327,378	320,924	0	0	0
From discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.09	-0.26	-0.04	-0.03	-
Diluted (loss) earnings per common share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.05	0.05	-2.14	-0.01	0.59	0.17	0.22	0.32	0.35	0.39	0.20	0.17	0.45	0.57	0.28	0.10	-0.04	0.18	0.05	0.11
Weighted Average Number of Shares Outstanding, Basic
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	30,726	-	-	-	30,011	29,988	29,926	29,664	30,937	32,231	32,143	31,772	31,651	31,561	31,482	31,045	31,140	30,840	30,393	28,512	27,928	27,298	27,207	26,959
Costs and expenses from operations:
Cost of goods sold (excludes depreciation and amortization)
103,446	101,634	102,414	99,340	93,492	97,412	100,087	104,826	115,750	121,587	126,227	134,273	143,152	148,515	143,127	139,297	135,843	138,577	166,009	187,953	206,652	218,264	211,659	208,969	204,409	200,082	199,494	197,672	196,882	201,960	198,123	172,936	155,516	138,826	126,395	131,333	0	0	0
Seller distributions
5,432	8,207	10,831	12,001	12,943	14,027	14,715	15,708	16,961	18,062	19,298	18,385	15,859	13,405	11,214	12,114	15,806	20,858	28,093	31,877	33,776	34,517	35,055	35,626	36,021	37,664	35,944	36,126	37,722	39,165	43,242	48,906	50,985	51,479	49,318	44,785	0	0	0
From continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.19	0.22	0.22	0.08	-
Sales and marketing
38,301	37,327	36,703	35,669	35,284	34,374	33,703	32,723	32,610	33,534	35,211	36,404	38,098	38,097	37,570	38,602	38,890	40,540	41,465	42,438	42,844	42,505	41,951	40,693	40,159	39,673	40,170	40,872	38,109	35,045	31,252	26,801	25,008	24,047	23,279	22,507	0	0	0
Technology and operations
48,468	50,311	51,594	51,166	52,684	55,210	60,786	68,100	74,076	79,196	82,988	85,985	88,887	92,490	93,405	93,167	95,410	95,479	99,550	103,238	105,874	110,197	108,940	105,358	99,789	93,126	90,052	86,830	80,922	74,317	67,553	60,767	57,691	55,470	52,178	50,921	0	0	0
General and administrative
32,095	33,322	34,249	34,655	32,543	31,465	30,493	31,296	33,200	33,884	36,079	36,979	37,270	39,506	39,717	39,536	40,970	41,878	41,338	44,271	45,588	46,649	49,428	49,582	47,885	47,289	48,950	48,339	46,882	43,258	37,107	31,496	29,436	28,006	26,484	25,807	0	0	0
Depreciation and amortization
5,871	5,459	5,091	4,799	4,613	4,592	4,599	4,943	5,288	5,578	5,796	5,782	6,033	6,259	6,502	8,153	8,581	8,915	9,235	16,721	16,604	16,583	16,595	10,062	10,119	10,126	10,109	7,666	7,159	6,684	6,223	5,848	5,671	5,361	4,881	4,599	0	0	0
Amortization of contract intangibles
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	7,269	7,327	7,462	7,265	8,907	8,520	8,133	7,943	6,263	4,446	2,630	813	813	0	0	0
Other operating (income) expenses
-3,675	-5,037	-5,049	-2,756	-1,177	-138	-1,392	-4,830	-5,030	-6,038	-3,651	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	51,215	51,215	51,215	-	96,238	77,674	77,759	-18,384	-18,290	513	640	5,921	13,084	13,954	6,753	1,695	-3,801	-4,664	2,325	6,702	5,465	0	0	0
Total costs and expenses
237,390	241,399	246,033	240,853	233,203	237,685	246,242	263,435	283,924	298,888	310,259	337,849	348,688	356,342	350,572	389,109	393,740	404,487	541,340	516,919	525,544	545,278	445,244	439,269	446,222	436,062	437,905	439,496	430,150	415,315	393,138	349,216	324,089	308,144	290,050	286,230	0	0	0
Other operating income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from operations
-19,390	-19,423	-19,508	-20,413	-19,076	-20,261	-21,728	-30,262	-35,800	-38,526	-40,244	-50,685	-41,856	-34,967	-34,118	-71,875	-71,948	-66,630	-144,215	-80,668	-52,074	-46,422	50,417	67,101	57,382	69,537	67,951	59,508	65,928	76,163	82,166	83,017	70,181	49,815	37,328	34,694	0	0	0
Interest and other income, net
1,187	1,381	1,448	969	646	589	785	1,400	1,458	1,155	606	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest (income) expense and other expense, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-498	-698	-269	-	-540	-351	-311	-370	-1,221	-1,474	-1,649	-704	179	-282	-769	-2,218	-2,028	-1,785	-1,472	-1,190	-737	0	0	0
Loss before provision for income taxes
-18,203	-18,042	-18,060	-19,444	-18,430	-19,672	-20,943	-28,862	-34,342	-37,371	-39,638	-49,464	-41,032	-33,844	-32,901	-71,719	-71,592	-66,703	-144,386	-80,826	-52,421	-46,809	50,047	66,736	57,158	69,296	68,655	59,687	65,646	75,394	79,948	80,989	68,396	48,343	36,138	33,957	0	0	0
Provision for income taxes
1,107	1,392	1,200	-4,368	-4,298	-4,247	-9,328	-4,366	-4,937	-5,369	-451	29,554	29,496	29,282	27,025	-21,853	-23,465	-20,807	-39,571	-9,541	2,106	3,468	19,657	15,772	13,279	18,350	27,551	23,447	25,831	29,515	31,652	32,427	28,134	20,685	15,459	16,099	0	0	0
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20,679	0	0	0	-
Loss from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-12,167	0	0	0	-
Net loss
-19,310	-19,434	-19,260	-15,076	-14,132	-15,425	-11,615	-24,496	-29,405	-32,002	-39,187	-79,018	-70,528	-63,126	-59,926	-49,866	-48,127	-45,896	-104,815	-61,827	-45,069	-40,819	30,390	41,506	34,421	41,488	41,104	36,240	39,815	45,879	48,296	45,878	29,958	16,255	8,512	8,375	0	0	0
From continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.21	0.23	0.23	0.08	-
From discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.10	-0.27	-0.04	-0.03	-
Basic (loss) earnings per common share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.05	0.05	-2.14	-0.01	0.59	0.17	0.22	0.33	0.36	0.40	0.21	0.18	0.48	0.61	0.30	0.11	-0.04	0.19	0.05	0.11
Basic and diluted loss per common share (in dollars per share)
-0.13	-0.15	-0.16	-0.14	-0.13	-0.15	-0.02	-0.12	-0.18	-0.04	-0.45	-0.27	-0.26	-0.27	-1.76	0.00	-0.03	-0.17	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic and diluted weighted average shares outstanding (in shares)
33,624	33,545	33,291	33,164	32,987	32,808	32,428	32,104	31,972	31,876	31,503	31,485	31,361	31,261	30,740	30,726	30,594	30,490	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted weighted average shares outstanding (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	30,011	29,988	29,926	29,664	30,937	32,321	32,658	32,702	32,540	32,331	33,054	32,788	33,183	32,778	32,382	30,527	29,440	28,068	28,291	27,371
Revenue
Total revenue
140,351	142,503	147,889	143,691	139,383	145,132	149,677	159,235	171,559	180,870	188,570	200,041	217,662	231,670	233,828	242,745	250,780	267,643	315,668	343,483	373,730	393,364	388,671	390,605	389,971	393,250	404,041	412,300	418,228	424,194	415,829	388,825	366,321	0	-	0	0	-	-
Fee revenue
Total revenue
77,649	79,473	78,636	76,749	74,744	72,292	74,837	73,938	76,565	79,492	81,445	87,123	89,170	89,705	82,626	74,489	71,012	70,214	81,457	92,768	99,740	105,492	106,990	115,765	113,633	112,349	101,815	86,704	77,850	67,284	59,475	47,513	38,157	0	-	0	0	-	-