Liquidity Services Income Statement

Financials in millions USD. Fiscal year is October - September.

Millions USD. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Revenue	476.67	363.32	314.46	280.05	257.53
Revenue Growth (YoY)	31.20%	15.54%	12.29%	8.74%	25.05%
Cost of Revenue	267.85	178.15	142.32	119.41	107.68
Gross Profit	208.82	185.17	172.14	160.64	149.85
Selling, General & Admin	162.48	147.89	135.44	126.78	113.91
Other Operating Expenses	0.01	-0.11	-0.07	-0.31	-1.1
Operating Expenses	172.9	159.9	146.63	136.79	119.78
Operating Income	35.92	25.26	25.51	23.85	30.07
Interest Expense	-	-	-	-0	-
Interest & Investment Income	4.58	4.08	2.86	-	0.08
Other Non Operating Income (Expenses)	-	0	0	-	-
EBT Excluding Unusual Items	40.49	29.34	28.37	23.85	30.15
Merger & Restructuring Charges	-1.05	-1.58	-0.25	-0.66	-0.13
Asset Writedown	-	-	-	-0.03	-1.34
Legal Settlements	-	-0.5	-	-	-
Other Unusual Items	-	-	0.9	24.5	-1.1
Pretax Income	39.44	27.26	29.02	47.65	27.58
Income Tax Expense	11.35	7.27	8.04	7.33	-23.37
Net Income	28.09	19.99	20.98	40.32	50.95
Net Income to Common	28.09	19.99	20.98	40.32	50.95
Net Income Growth	40.53%	-4.71%	-47.98%	-20.85%	-
Shares Outstanding (Basic)	31	30	31	32	33
Shares Outstanding (Diluted)	32	32	32	34	35
Shares Change (YoY)	2.46%	-1.37%	-4.88%	-3.72%	4.20%
EPS (Basic)	0.91	0.66	0.68	1.25	1.53
EPS (Diluted)	0.87	0.63	0.65	1.20	1.45
EPS Growth	38.09%	-3.08%	-45.83%	-17.24%	-
Free Cash Flow	58.96	61.31	41.63	36.71	60
Free Cash Flow Per Share	1.82	1.94	1.30	1.09	1.71
Gross Margin	43.81%	50.97%	54.74%	57.36%	58.19%
Operating Margin	7.54%	6.95%	8.11%	8.52%	11.68%
Profit Margin	5.89%	5.50%	6.67%	14.40%	19.78%
Free Cash Flow Margin	12.37%	16.88%	13.24%	13.11%	23.30%
EBITDA	41.53	31.38	31.17	29.47	33.14
EBITDA Margin	8.71%	8.64%	9.91%	10.52%	12.87%
D&A For EBITDA	5.61	6.12	5.66	5.62	3.07
EBIT	35.92	25.26	25.51	23.85	30.07
EBIT Margin	7.54%	6.95%	8.11%	8.52%	11.68%
Effective Tax Rate	28.77%	26.66%	27.70%	15.38%	-
Revenue as Reported	476.67	363.32	314.46	280.05	257.53
Advertising Expenses	3.9	5.2	4.5	4.6	3.2

Source: S&P Global Market Intelligence. Standard template. Financial Sources.