Liquidity Services $4.7 $5.90.

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Presentation transcript:

Liquidity Services $4.7 $5.90

EV/EBITDA ~ 1-2x Liquidity Services Stats: Market Cap $180m Leading online auction marketplace for surplus and salvage assets CEO ownership: 17.6% President ownership: 2.6% Debt Free Balance Sheet Cash $95m Plus $33m expected from Walmart contract Total cash $129m or $4 Cash per Share EV: $50 EBITDA: Safely north of $31m EV/EBITDA ~ 1-2x

Book Value around $130m

Large Compensation steady Big purchases $7-8 $15-22

Share Repurchases Improving 10%

Share Repurchases 10%

Share Repurchases 10%