Liquidity Services, Inc. (LQDT) financial statements (2021 and earlier)

Company profile

Business Address 6931 ARLINGTON ROAD
BETHESDA, MD 20814
State of Incorp. DE
Fiscal Year End September 30
SIC 7389 - Business Services, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
TTM
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
9/30/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments496078941359563
Cash and cash equivalents243058941359563
Short-term investments253020    
Receivables67512124022
Inventory, net of allowances, customer advances and progress billings661021282678
Inventory661021282678
Prepaid expense3322   
Other undisclosed current assets715810112822
Total current assets:7190103139185188185
Noncurrent Assets
Operating lease, right-of-use asset12 
Property, plant and equipment19191717141312
Intangible assets, net (including goodwill)656667464868227
Goodwill605960454564210
Intangible assets, net (excluding goodwill)66703417
Deferred income tax assets11
Other noncurrent assets1212141312138
Other undisclosed noncurrent assets  1116 
Total noncurrent assets:10997997675100247
TOTAL ASSETS:179187202215260288432
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities10151413101016
Accounts payable10151413101016
Deferred revenue33
Debt5      
Deferred compensation liability 1     
Other undisclosed current liabilities40505558766091
Total current liabilities:576968718569107
Noncurrent Liabilities
Long-term debt and lease obligation8      
Operating lease, liability8 
Liabilities, other than long-term debt 011111
Deferred revenue and credits11111
Deferred rent credit 0 
Other undisclosed noncurrent liabilities223111127
Total noncurrent liabilities:924121238
Total liabilities:677172839772115
Stockholders' equity
Stockholders' equity attributable to parent112116130133163216317
Common stock0000000
Additional paid in capital243243236227220211205
Accumulated other comprehensive loss(7)(8)(6)(6)(9)(6)(3)
Retained earnings (accumulated deficit)(124)(119)(100)(88)(49)11116
Total stockholders' equity:112116130133163216317
TOTAL LIABILITIES AND EQUITY:179187202215260288432

Income statement (P&L) ($ in millions)

12/31/2019
TTM
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
9/30/2014
Revenues222227225270316397496
Revenue, net225270316397496
Cost of revenue(115)(118)(116)(149)(279)(330)(379)
Cost of goods and services sold(77)(102)(2)(10)(3)1(0)
Other undisclosed gross profit5514   
Gross profit:1121131101243767117
Operating expenses(127)(128)(130)(161)(71)(211)(66)
Other operating income (expense), net(5)(5)14   
Other undisclosed operating loss  (3)(7)   
Operating income (loss):(19)(20)(21)(40)(34)(144)50
Interest and debt expense(0)      
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes11001(0)(0)
Income (loss) from continuing operations before income taxes:(18)(18)(21)(40)(33)(144)50
Income tax expense (benefit)(1)(1)90(27)40(20)
Net income (loss) available to common stockholders, diluted:(19)(19)(12)(39)(60)(105)30

Comprehensive Income ($ in millions)

12/31/2019
TTM
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
9/30/2014
Net income (loss):(19)(19)(12)(39)(60)(105)30
Comprehensive income (loss):(19)(19)(12)(39)(60)(105)30
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(0)(2)(0)2(3)(2)(4)
Comprehensive income (loss), net of tax, attributable to parent:(20)(21)(12)(37)(63)(107)26

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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