LIQUIDITY SERVICES, INC
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $270.0M | $316.5M | $397.1M | $495.7M | $505.9M | $475.3M | $327.4M | $273.0M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | $124.5M | $162.1M | $203.0M | — | — | — | — | — |
| Gross Margin | 46.1% | 51.2% | 51.1% | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $36.1M | $39.7M | $41.3M | $49.4M | $49.0M | $37.1M | $26.5M | $23.6M |
| Operating Income | $-40.2M | $-34.1M | $-144.2M | $50.4M | $68.0M | $82.2M | $37.3M | $27.7M |
| Operating Margin | -14.9% | -10.8% | -36.3% | 10.2% | 13.4% | 17.3% | 11.4% | 10.1% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-39.6M | $-32.9M | $-144.4M | $50.0M | $68.7M | $79.9M | $36.1M | $27.3M |
| Income Tax Expense | $-451.0K | $27.0M | $-39.6M | $19.7M | $27.6M | $31.7M | $15.5M | $12.2M |
| Net Income | $-39.2M | $-59.9M | $-104.8M | $30.4M | $41.1M | $48.3M | $8.5M | $12.0M |
| Net Margin | -14.5% | -18.9% | -26.4% | 6.1% | 8.1% | 10.2% | 2.6% | 4.4% |
| EPS (Basic) | $-1.25 | $-1.96 | $-3.50 | $0.97 | $1.30 | $1.57 | $0.31 | $0.44 |
| EPS (Diluted) | $-1.25 | $-1.96 | $-3.50 | $0.97 | $1.26 | $1.47 | $0.29 | $0.44 |
| Shares Outstanding (Basic) | 31.4M | 30.6M | 30.0M | 31.2M | 31.6M | 30.9M | 27.7M | 27.1M |
| Shares Outstanding (Diluted) | 31.4M | 30.6M | 30.0M | 31.4M | 32.7M | 32.8M | 29.1M | 27.4M |
| Dividends Per Share | — | — | — | — | — | — | — | — |