Liquidity Services, Inc. is the leading global provider of ecommerce marketplaces and software solutions powering the circular economy. It connects millions of buyers and thousands of sellers through its online auction platforms, search engines, asset management tools, and related services to enable the transparent and efficient recovery of value from surplus assets.

The company generates revenue primarily from transaction fees charged to sellers and buyers upon successful sales on its marketplaces. Additional revenue comes from the resale of inventory purchased from sellers and from value added service offerings such as logistics, merchandising, and settlement support.

The company operates through the following segments: GovDeals, Retail Supply Chain Group (RSCG), Capital Assets Group (CAG), Machinio, and Software Solutions.

• GovDeals: This segment provides solutions that enable government entities including city, county, state and federal agencies located in the United States and Canada and related commercial businesses to sell surplus property and real estate assets through its GovDeals, Bid4Assets and Sierra marketplaces.

• Retail Supply Chain Group (RSCG): This segment consists of marketplaces that enable corporations located in the United States and Canada to sell excess, returned, and overstocked consumer goods, and offers returns management, asset recovery, and ecommerce solutions, utilizing multiple selling channels across the network of marketplaces and others to optimize velocity, volume, and value, primarily conducting business to business sales on Liquidation.com and through Direct Sales, and direct to consumer sales on AllSurplus Deals and Secondipity marketplaces and other third party channels.

• Capital Assets Group (CAG): This segment enables commercial businesses to sell surplus assets on the AllSurplus and GovDeals marketplaces, specializing in heavy equipment, industrial manufacturing, oil and gas, biopharma, fast moving consumer goods and electronics, and offers surplus management, asset valuation, asset sales and marketing services, leveraging a global base of buyers and sellers to enable asset sale and redeployment wherever they generate the best value and highest use worldwide.

• Machinio: This segment operates the Machinio marketplace, a global search engine platform for listing equipment for sale in the construction, machine tool, processing, transportation, printing, agriculture, and laboratory/medical sectors, and the Machinio System platform that provides equipment sellers with website hosting, email marketing, and inventory management tools to support their online business.

• Software Solutions: This segment serves as the Company's private label auction and software as a service (SaaS) arm, offering scalable auction platform services to entrepreneurs and businesses.

Liquidity Services, Inc. holds a leading position in the online surplus asset marketplace industry, distinguished by its network effects from a large buyer base, global reach across over 900 product categories, and an integrated technology platform that combines marketplaces with value added services, giving it an edge over fragmented competitors such as traditional liquidators, niche auction sites, and other ecommerce players.

The company serves a diverse customer base that includes U. S. and Canadian government agencies, corporations seeking to offload excess, returned, or overstocked consumer goods, commercial businesses looking to dispose of surplus equipment and assets, and entrepreneurs and businesses that use its private label auction and SaaS platforms.