NASDAQ$LQDT
Liquidity Services Inc · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Announced first quarter fiscal year 2021 financial results, demonstrating growth in GMV and profitability.
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.
- GMV increased by 28% year-over-year, reaching $190.4 million.
- GAAP revenue grew by 13% year-over-year, totaling $55.8 million.
- GAAP net income was $4.5 million, a $9.7 million increase year-over-year.
- Non-GAAP Adjusted EBITDA was $8.8 million, a $10.9 million increase year-over-year.
Headline financials
Revenue & EPS history
Liquidity Services · Revenue · Quarterly
$55.8M
Revenue by segment
Liquidity Services · $76.3M total across 3 segments · Q4 2023
- RSCG Revenue$49.6M—65.0%
- GovDeals Revenue$16.1M—21.0%
- CAG Revenue$10.7M—14.0%
Forward guidance
The Company anticipates financial results for Q2-FY21 are expected to improve year-over-year and remains optimistic about its prospects given its strong position in key markets and the shift to online commerce.
Tailwinds
- Solid pipeline
- Strong customer relationships
- Indicators of positive performance going forward
- Platform investments yielding improved results
- Well positioned for customers' changing needs
Headwinds
- Trends depend on global and U.S. economies
- Impact of COVID-19
- Possible shifts in related business dynamics
- Possible shifts in government spending
- Timing of business activity across segments is difficult to predict
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
+0.8%
Avg return
Earnings day
+1.8%
Avg return
5 days after
+3.2%
Avg return
30 days after
52%
34 / 65 earnings
Positive
+50.0%
Q4 2020
Best reaction
-29.3%
Q2 2014
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | -2.6% | -9.8% | +0.0% | |
| Q1 2026 | +4.7% | +4.6% | +1.6% | |
| Q4 2025 | +13.4% | +33.5% | +39.1% | |
| Q2 2025 | -10.2% | -21.1% | -21.2% | |
| Q1 2025 | +4.0% | +7.8% | -3.1% | |
| Q4 2024 | +38.0% | +21.0% | +28.2% | |
| Q3 2024 | +10.7% | +12.5% | +5.0% | |
| Q2 2024 | -3.4% | -0.2% | -0.3% | |
| Q1 2024 | -10.5% | -6.9% | +3.1% | |
| Q4 2023 | -14.1% | -13.0% | -16.4% | |
| Q3 2023 | +8.1% | +10.1% | +7.4% | |
| Q2 2023 | +6.9% | +10.3% | +21.5% | |
| Q1 2023 | +0.5% | -9.5% | -14.0% | |
| Q4 2022 | -13.8% | -10.0% | -3.6% | |
| Q3 2022 | -20.2% | -18.8% | -23.8% | |
| Q2 2022 | -13.1% | -13.9% | -7.4% | |
| Q1 2022 | -13.7% | -11.0% | -6.0% | |
| Q4 2021 | -9.0% | -5.3% | -2.5% | |
| Q3 2021 | +10.4% | +17.2% | +25.6% | |
| Q2 2021 | +30.7% | +38.1% | +30.4% | |
| Q1 2021 | -20.6% | -21.3% | -25.0% | |
| Q4 2020 | +50.0% | +39.0% | +55.0% | |
| Q3 2020 | +12.2% | +29.7% | +33.0% | |
| Q2 2020 | -2.4% | +6.5% | +25.5% | |
| Q1 2020 | -10.0% | -10.8% | -20.5% | |
| Q4 2019 | -5.8% | -14.7% | -11.1% | |
| Q3 2019 | +13.0% | +6.0% | +16.1% | |
| Q2 2019 | +1.1% | +0.0% | -11.5% | |
| Q1 2019 | -11.7% | -15.4% | -14.7% | |
| Q4 2018 | +11.3% | +0.5% | +12.6% | |
| Q3 2018 | -4.1% | +0.7% | -0.7% | |
| Q2 2018 | -10.2% | -7.9% | -7.1% | |
| Q1 2018 | +40.6% | +45.8% | +43.7% | |
| Q4 2017 | -18.4% | -24.8% | -17.9% | |
| Q3 2017 | -9.0% | -9.0% | -12.7% | |
| Q2 2017 | -3.9% | -3.3% | -15.0% | |
| Q1 2017 | -6.3% | -10.5% | -16.8% | |
| Q4 2016 | +2.1% | +8.5% | +5.9% | |
| Q3 2016 | +14.1% | +14.2% | +24.2% | |
| Q2 2016 | +9.2% | — | — | |
| Q1 2016 | -23.4% | — | — | |
| Q4 2015 | -16.9% | — | — | |
| Q3 2015 | +2.1% | — | — | |
| Q2 2015 | +12.5% | — | — | |
| Q1 2015 | +21.2% | — | — | |
| Q4 2014 | -10.0% | — | — | |
| Q3 2014 | +0.4% | — | — | |
| Q2 2014 | -29.3% | — | — | |
| Q1 2014 | +13.1% | — | — | |
| Q4 2013 | -16.0% | — | — | |
| Q3 2013 | -1.0% | — | — | |
| Q2 2013 | +7.6% | — | — | |
| Q1 2013 | -19.0% | — | — | |
| Q4 2012 | -6.1% | — | — | |
| Q3 2012 | -4.7% | — | — | |
| Q2 2012 | +16.8% | — | — | |
| Q1 2011 | -0.6% | — | — | |
| Q1 2012 | +14.1% | — | — | |
| Q4 2009 | +1.2% | — | — | |
| Q2 2011 | +1.2% | — | — | |
| Q4 2011 | +1.2% | — | — | |
| Q3 2010 | +4.9% | — | — | |
| Q3 2011 | +4.9% | — | — | |
| Q4 2010 | +4.9% | — | — | |
| Q2 2010 | +8.0% | — | — |
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