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Liquidity Services Inc
Liquidity Services, Inc. (LQDT) is a publicly traded company that operates a network of leading e-commerce marketplaces for surplus assets. The company's mission is to help corporations, government agencies, and other organizations sell or dispose of their surplus assets in an efficient and environmentally responsible manner.
As of 2021, LQDT has a market capitalization of around $250 million and is listed on the NASDAQ stock exchange. The company has reported steady revenue growth over the past several years, with revenue increasing from $426 million in 2017 to $537 million in 2020. However, the company's net income has been volatile, with net income fluctuating between a loss and a profit in recent years.
In terms of earnings, LQDT reported net income of $8.2 million in 2020, compared to a net loss of $12.5 million in 2019. The company's earnings per share (EPS) also increased in 2020, with EPS coming in at $1.03, compared to a loss per share of $1.63 in 2019.
In terms of growth, LQDT has been expanding its e-commerce marketplaces and services to new industries and regions. The company has also been investing in technology and data analytics to improve its platform and offerings. Additionally, LQDT has been growing its government services business, which includes providing surplus asset management services to federal, state, and local government agencies.
Overall, LQDT is a company that has reported steady revenue growth and improving earnings in recent years, with a focus on providing e-commerce solutions for surplus assets. However, the company's net income has been volatile and investors should carefully consider the company's financials and business strategy before making investment decisions.