Liquidity Services reports Q4 non-GAAP EPS 26c vs. 19c last year

Reports Q4 revenue $80M vs. $75.2M last year. Q4 Gross Merchandise Volume or GMV was $315.6M, an 11% increase from $283.3M in 4Q22. “We concluded our fiscal year with strong Q4 results, setting a new annual record for GMV at $1.2B and delivering our highest full-year Non-GAAP Adjusted EBITDA performance since 2014. Across our segments, we are continuing to design and deliver flexible service offerings that are relevant to sellers, and continuing to drive buyer engagement and demand for the assets listed on our marketplaces. Looking forward to fiscal year 2024, we have launched our modernized GovDeals marketplace, and are increasingly leveraging our Retail Supply Chain Group’s network of warehouses to offer consumer goods for curbside pickup by extending our AllSurplus Deals marketplace to additional locations. Our pipeline remains strong, and we continue to see opportunities to drive growth and long-term shareholder value through expanding our technology-enabled, asset-light services,” said CEO Bill Angrick.