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)

12/31/2020
TTM
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments786060789413595
Cash and cash equivalents786030589413595
Short-term investments  3020   
Receivables5575121240
Inventory, net of allowances, customer advances and progress billings106610212826
Inventory106610212826
Prepaid expense12322  
Other undisclosed current assets722158101128
Total current assets:1019590103139185188
Noncurrent Assets
Operating lease, right-of-use asset1311 
Property, plant and equipment18181917171413
Intangible assets, net (including goodwill)65656667464868
Goodwill60605960454564
Intangible assets, net (excluding goodwill)4567034
Deferred income tax assets111
Other noncurrent assets881214131213
Other undisclosed noncurrent assets   1116
Total noncurrent assets:10410297997675100
TOTAL ASSETS:205197187202215260288
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities25221514131010
Accounts payable25221514131010
Deferred revenue333
Deferred compensation liability 01    
Other undisclosed current liabilities49495055587660
Total current liabilities:77746968718569
Noncurrent Liabilities
Long-term debt and lease obligation107     
Operating lease, liability107 
Liabilities, other than long-term debt3 01111
Deferred revenue and credits1111
Deferred rent credit  0 
Other liabilities3      
Other undisclosed noncurrent liabilities (5)2311112
Total noncurrent liabilities:13102412123
Total liabilities:90857172839772
Stockholders' equity
Stockholders' equity attributable to parent115112116130133163216
Common stock0000000
Treasury stock, value(8)(4)     
Additional paid in capital250248243236227220211
Accumulated other comprehensive loss(9)(10)(8)(6)(6)(9)(6)
Retained earnings (accumulated deficit)(118)(122)(119)(100)(88)(49)11
Total stockholders' equity:115112116130133163216
TOTAL LIABILITIES AND EQUITY:205197187202215260288

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

12/31/2020
TTM
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
Revenues212206227225270316397
Revenue, net225270316397
Cost of revenue(95)(97)(118)(116)(149)(279)(330)
Cost of goods and services sold(94)(96)(102)(2)(10)(3)1
Other undisclosed gross profit01514  
Gross profit:1181101131101243767
Operating expenses(112)(113)(128)(130)(161)(71)(211)
Other operating income (expense), net(0)(1)(5)14  
Other undisclosed operating loss   (3)(7)  
Operating income (loss):6(4)(20)(21)(40)(34)(144)
Interest and debt expense(0)(0)     
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes111001(0)
Income (loss) from continuing operations before income taxes:7(3)(18)(21)(40)(33)(144)
Income tax expense (benefit)(1)(1)(1)90(27)40
Net income (loss) available to common stockholders, diluted:6(4)(19)(12)(39)(60)(105)

Comprehensive Income ($ in millions)

12/31/2020
TTM
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
Net income (loss):6(4)(19)(12)(39)(60)(105)
Comprehensive income (loss):6(4)(19)(12)(39)(60)(105)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(2)(2)(2)(0)2(3)(2)
Comprehensive income (loss), net of tax, attributable to parent:4(6)(21)(12)(37)(63)(107)

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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