How did RIBBU's revenue and expenses trend in Q4 2024?
5/9/2025 12:30am
Liquidity Services' RSCG segment saw a 49% increase in revenue, setting a new quarterly record of $73.7 million, driven by a 34% overall revenue increase to $106.9 million in Q4 2024, as reported in their fiscal year 2024 fourth-quarter results announcement. This growth was fueled by a 14% rise in Gross Merchandise Volume (GMV) and market share expansion, with each segment achieving double-digit annual GMV growth, resulting in a record annual GMV of $1.4 billion. The company's investments in innovation, service, and execution for customers were instrumental in sustaining this growth trajectory.