Liquidity Services signs new exec pacts; Q4 GMV $283M, EPS $0.25

LIQUIDITY SERVICES INC

New employment agreements for CEO, CFO, CCO, CHRO, CLCO, CTO; base salaries $320K-$435K, target bonuses 50%-150%.
Change-in-control agreements provide double-trigger severance: 1.5x (CEO 2x) base salary plus target bonus.
Q4 FY2022 GMV $283.3M (+16% YoY); revenue $75.2M (+7%); GAAP EPS $0.25; adjusted EBITDA $12.3M.
GovDeals GMV +20% on agency adoption; RSCG +10% on diversification; CAG +13% on energy/heavy equipment.
Board authorized new $8.4M share repurchase; Q1 FY2023 GMV outlook above prior year levels.

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