| Schedule of segment reporting information, by segment |
The following table sets forth certain financial information for the Company's reportable segments:
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Three Months Ended June 30, |
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Nine Months Ended June 30, |
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(in thousands) |
2026 |
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2025 |
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2026 |
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2025 |
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GovDeals: |
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Purchase revenue |
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$ |
176 |
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$ |
120 |
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$ |
178 |
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$ |
684 |
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Consignment and other fee revenues |
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25,348 |
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23,846 |
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68,904 |
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63,041 |
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Total revenue |
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25,524 |
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23,966 |
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69,082 |
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63,725 |
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Cost of goods sold (excludes depreciation and amortization) |
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1,361 |
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1,806 |
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3,861 |
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5,037 |
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Segment direct profit |
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$ |
24,163 |
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$ |
22,160 |
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$ |
65,221 |
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$ |
58,688 |
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RSCG: |
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Purchase revenue |
$ |
80,365 |
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$ |
75,269 |
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$ |
230,320 |
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$ |
232,405 |
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Consignment and other fee revenues |
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7,455 |
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6,275 |
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22,720 |
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19,512 |
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Total revenue |
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87,820 |
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81,544 |
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253,040 |
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251,917 |
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Cost of goods sold (excludes depreciation and amortization) |
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62,663 |
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62,173 |
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185,057 |
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197,483 |
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Segment direct profit |
$ |
25,157 |
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$ |
19,371 |
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$ |
67,983 |
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$ |
54,434 |
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CAG: |
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Purchase revenue |
$ |
1,296 |
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$ |
1,128 |
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$ |
6,544 |
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$ |
4,070 |
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Consignment and other fee revenues |
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9,498 |
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8,033 |
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26,510 |
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24,533 |
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Total revenue |
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10,794 |
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9,161 |
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33,054 |
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28,604 |
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Cost of goods sold (excludes depreciation and amortization) |
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1,234 |
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|
701 |
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4,461 |
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2,695 |
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Segment direct profit |
$ |
9,560 |
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$ |
8,460 |
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$ |
28,593 |
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$ |
25,909 |
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Machinio & Software Solutions: |
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Purchase revenue |
$ |
— |
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$ |
— |
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$ |
— |
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$ |
— |
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Consignment and other fee revenues |
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5,440 |
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5,221 |
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16,354 |
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14,386 |
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Total revenue |
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5,440 |
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5,221 |
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16,354 |
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14,386 |
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Cost of goods sold (excludes depreciation and amortization) |
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|
484 |
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431 |
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1,411 |
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1,006 |
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Segment direct profit |
$ |
4,956 |
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$ |
4,790 |
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$ |
14,943 |
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$ |
13,380 |
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Total segment direct profit |
$ |
63,836 |
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$ |
54,781 |
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$ |
176,740 |
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$ |
152,411 |
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Corporate expenses, including elimination adjustments |
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$ |
— |
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$ |
(17 |
) |
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$ |
— |
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$ |
(51 |
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Consolidated direct profit |
$ |
63,836 |
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$ |
54,764 |
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$ |
176,740 |
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$ |
152,360 |
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| Schedule of reconciliation of revenue from segments to consolidated |
The following table reconciles segment direct profit used in the reportable segments to the Company's consolidated results:
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Three Months Ended June 30, |
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Nine Months Ended June 30, |
|
(in thousands) |
2026 |
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2025 |
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2026 |
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2025 |
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Reconciliation: |
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Total segment direct profit |
$ |
63,836 |
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$ |
54,764 |
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$ |
176,740 |
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$ |
152,360 |
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Other costs and expenses from operations (1) |
$ |
49,694 |
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43,846 |
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143,503 |
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127,180 |
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Interest and other income, net |
$ |
(1,356 |
) |
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(377 |
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(3,450 |
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(2,011 |
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Income before provision for income taxes |
$ |
15,498 |
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$ |
11,295 |
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$ |
36,687 |
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$ |
27,191 |
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(1)Other costs and expenses from operations is defined as Total costs and expenses from operations per the Condensed Consolidated Statements of Operations, less Cost of goods sold (which is included in the calculation of Segment direct profit).
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