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In millions, except per share items | Sep-30-22 | Sep-30-21 | Sep-30-20 | Sep-30-19 | Sep-05-19 | Sep-30-18 | Sep-05-18 | Sep-30-17 |
| 10-K | 10-K | 10-K | 10-K | 8-K | 10-K | 8-K | 10-K |
Revenues: |
Purchase revenues | 151.3 | 146.2 | 127.6 | | | | | |
RSCG | 166.1 | 158.8 | 136.5 | 127.3 | | 102.0 | | 95.0 |
CAG | 42.6 | 39.6 | 29.5 | 60.2 | | 88.0 | | 145.1 |
GovDeals | 59.4 | 49.6 | 32.8 | 32.9 | | 30.2 | | 26.9 |
Other | | | | 6.0 | | 4.3 | | 3.0 |
Total revenues | 280.1 | 257.5 | 205.9 | 226.5 | 147.9 | 224.5 | 149.7 | 270.0 |
Revenue growth [+] | 8.7% | 25.1% | -9.1% | 0.9% | -1.2% | -16.9% | -20.6% | -14.7% |
Purchase revenues | 3.5% | 14.6% | | | | | | |
RSCG | 4.6% | 16.3% | 7.2% | 24.9% | | 7.3% | | 0.9% |
CAG | 7.4% | 34.5% | -51.1% | -31.6% | | -39.3% | | -24.3% |
GovDeals | 19.7% | 51.1% | -0.4% | 9.0% | | 12.5% | | 17.8% |
Machinio | 26.4% | 32.5% | 28.8% | 757.3% | | | | |
Cost of goods sold | 119.4 | 107.7 | 96.0 | 113.2 | 164.9 | 114.8 | 176.1 | 145.5 |
Gross profit | 160.6 | 149.9 | 109.9 | 113.3 | -17.1 | 109.7 | -26.4 | 124.5 |
Gross margin | 57.4% | 58.2% | 53.4% | 50.0% | -11.5% | 48.9% | -17.6% | 46.1% |
Selling, general and administrative [+] | 71.5 | 66.6 | 64.8 | 81.8 | 71.0 | 78.9 | 64.2 | 90.6 |
Sales and marketing | 43.2 | 37.6 | 35.6 | 36.7 | 36.7 | 33.7 | 33.7 | 35.2 |
General and administrative | 28.3 | 28.9 | 29.2 | 34.2 | 34.2 | 30.5 | 30.5 | 36.1 |
Other selling, general and administrative | | | | 10.8 | | 14.7 | | 19.3 |
Other operating expenses | 55.9 | 49.1 | 42.5 | 45.9 | -73.6 | 47.9 | -73.4 | 68.4 |
Adjusted EBITDA | 41.7 | 41.1 | 8.3 | -7.9 | -7.9 | -10.5 | -10.5 | -27.1 |
Adjusted EBITDA margin | 14.9% | 16.0% | 4.0% | -3.5% | -5.3% | -4.7% | -7.0% | -10.0% |
Stock-based compensation | 8.5 | 6.9 | 5.7 | 6.5 | 6.5 | 6.6 | 6.6 | 7.4 |
EBITDA [+] | 33.2 | 34.1 | 2.6 | -14.4 | -14.4 | -17.1 | -17.1 | -34.4 |
EBITDA growth | -2.7% | 1216.5% | -118.0% | -15.8% | -15.8% | -50.3% | -50.3% | 24.7% |
EBITDA margin | 11.9% | 13.3% | 1.3% | -6.4% | -9.7% | -7.6% | -11.4% | -12.8% |
Depreciation | 6.6 | 5.7 | 5.0 | 3.8 | 5.1 | 4.2 | 4.6 | 4.8 |
EBITA | 26.6 | 28.5 | -2.4 | -18.2 | -19.5 | -21.3 | -21.7 | -39.2 |
EBITA margin | 9.5% | 11.1% | -1.2% | -8.0% | -13.2% | -9.5% | -14.5% | -14.5% |
Amortization of intangibles | 3.7 | 1.3 | 1.3 | 1.3 | | 0.4 | | 1.0 |
EBIT [+] | 22.9 | 27.2 | -3.7 | -19.5 | -19.5 | -21.7 | -21.7 | -40.2 |
EBIT growth | -15.7% | -834.9% | -81.0% | -10.2% | -10.2% | -46.0% | -46.0% | 18.0% |
EBIT margin | 8.2% | 10.5% | -1.8% | -8.6% | -13.2% | -9.7% | -14.5% | -14.9% |
Non-recurring items | -24.5 | | 0.2 | | | | | |
Interest expense | 0.2 | 0.4 | 0.9 | 1.4 | | 0.8 | | 0.6 |
Interest expense | 0.2 | 0.4 | 0.9 | 1.4 | | 0.8 | | 0.6 |
Other income (expense), net | 0.5 | 0.8 | 1.8 | 2.9 | 1.4 | 1.6 | 0.8 | 1.2 |
Pre-tax income | 47.7 | 27.6 | -3.0 | -18.1 | -18.1 | -20.9 | -20.9 | -39.6 |
Income taxes | 7.3 | -23.4 | 0.8 | 1.2 | 1.2 | -9.3 | -9.3 | -0.5 |
Tax rate | 15.4% | | | | | 44.5% | 44.5% | 1.1% |
Net income | 40.3 | 50.9 | -3.8 | -19.3 | -19.3 | -11.6 | -11.6 | -39.2 |
Net margin | 14.4% | 19.8% | -1.8% | -8.5% | -13.0% | -5.2% | -7.8% | -14.5% |
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Basic EPS [+] | $1.25 | $1.53 | ($0.11) | ($0.58) | ($0.58) | ($0.36) | ($0.36) | ($1.25) |
Growth | -18.3% | -1461.3% | -80.7% | 61.0% | 61.0% | -71.0% | -71.0% | -36.2% |
Diluted EPS [+] | $1.20 | $1.45 | ($0.11) | ($0.58) | ($0.58) | ($0.36) | ($0.36) | ($1.25) |
Growth | -17.8% | -1395.6% | -80.7% | 61.0% | 61.0% | -71.0% | -71.0% | -36.2% |
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Shares outstanding (basic) [+] | 32.3 | 33.3 | 33.6 | 33.1 | 33.1 | 32.1 | 32.1 | 31.4 |
Growth | -3.1% | -0.8% | 1.7% | 3.0% | 3.0% | 2.2% | 2.2% | 2.5% |
Shares outstanding (diluted) [+] | 33.7 | 35.0 | 33.6 | 33.1 | 33.1 | 32.1 | 32.1 | 31.4 |
Growth | -3.7% | 4.2% | 1.7% | 3.0% | 3.0% | 2.2% | 2.2% | 2.5% |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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