Liquidity Services Inc (LQDT)

Net profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	18,919	20,979	23,044	32,965	40,690	40,325	64,736	56,747	50,037	50,949	23,731	15,525	6,027	-3,683	-14,384	-19,246	-19,370	-19,196	-20,580	-19,636
Revenue (ttm)	US$ in thousands	317,224	317,482	311,747	299,959	286,259	280,398	275,343	275,513	269,007	258,140	243,702	221,755	213,011	206,885	209,785	219,114	223,264	227,760	221,675	214,955
Net profit margin		5.96%	6.61%	7.39%	10.99%	14.21%	14.38%	23.51%	20.60%	18.60%	19.74%	9.74%	7.00%	2.83%	-1.78%	-6.86%	-8.78%	-8.68%	-8.43%	-9.28%	-9.13%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $18,919K ÷ $317,224K
= 5.96%

Liquidity Services Inc's net profit margin has shown fluctuations over the past quarters. The net profit margin decreased from 14.25% in Q1 2023 to 6.03% in Q1 2024, indicating a decrease in profitability. However, there was a significant increase in net profit margin from Q2 2023 to Q1 2023, suggesting improved profitability during that period. Overall, the trend in the net profit margin indicates some variability in the company's ability to convert revenue into profit, which may warrant further investigation into the factors influencing these fluctuations.