Logan Zuanich's questions to Liquidity Services Inc (LQDT) leadership • Q4 2024
Question
Logan Zuanich, on behalf of George Sutton, asked for more detail on the strong Retail segment GMV growth and inquired about the current status and immediate potential of the real estate opportunity within the Bid for Assets business.
Answer
Chairman and CEO William Angrick attributed the Retail segment's success to their comprehensive suite of solutions, flexible pricing models, and large buyer base, which meet diverse client needs amidst rising e-commerce returns. Regarding real estate, Angrick highlighted a record $8 million sale in the quarter as an example of its potential. He noted that while the opportunity is not yet fully capitalized on, it is a key growth priority expected to contribute significantly to the company's long-term GMV goals over the next few years.