Ottawa Fleet Services Surplus Auction Proceeds Exceed $14 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Source: Globenewswire
- Auction Revenue Milestone: Ottawa Fleet Services has achieved over $14 million in surplus auction proceeds through the GovDeals platform, reflecting years of diligent asset management and transparency, thereby enhancing community value recovery.
- Efficient Asset Disposal: Since 2013, Ottawa Fleet Services has leveraged GovDeals to sell a variety of surplus assets, including fleet vehicles and industrial equipment, ensuring surplus property is disposed of efficiently and competitively, which has improved organizational operational efficiency.
- Platform Support and Expansion: Elizabeth Maxted, Vice President of GovDeals, highlighted that Ottawa Fleet Services' success exemplifies the potential of public sector teams applying best practices in online surplus sales, helping agencies maximize returns on surplus assets.
- Ongoing Auction Plans: Ottawa Fleet Services plans to continue offering surplus vehicles and equipment on GovDeals, ensuring buyers have convenient access to government surplus opportunities, further promoting effective community resource utilization.
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Analyst Views on LQDT
Wall Street analysts forecast LQDT stock price to rise
2 Analyst Rating
2 Buy
0 Hold
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Moderate Buy
Current: 36.330
Low
40.00
Averages
40.00
High
40.00
Current: 36.330
Low
40.00
Averages
40.00
High
40.00
About LQDT
Liquidity Services, Inc. operates a business-to-business e-commerce marketplace platform for surplus assets with buyers and corporate and government sellers. Its segments include GovDeals, Retail Supply Chain Group (RSCG), Capital Assets Group (CAG), and Machinio. GovDeals segment offers solutions that enable government entities including city, county, state and federal agencies and related commercial businesses to sell surplus property and real estate assets through its GovDeals, Bid4Assets and Sierra marketplaces. RSCG segment includes marketplaces that enable corporations located in the United States and Canada to sell excess, returned, and overstocked consumer goods. CAG segment enables commercial businesses to sell surplus assets on its AllSurplus marketplace. Machinio segment operates a search engine platform for listing equipment for sale in the construction, agriculture and other sectors. Its Auction software specializes in the development of auction and marketplace solutions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Ottawa Fleet Services Surplus Auction Proceeds Exceed $14 Million
- Auction Revenue Milestone: Ottawa Fleet Services has achieved over $14 million in surplus auction proceeds through the GovDeals platform, reflecting years of diligent asset management and a commitment to transparency.
- Efficient Asset Disposal: Since 2013, Ottawa Fleet Services has leveraged GovDeals to sell a variety of surplus assets, including fleet vehicles, industrial equipment, and tools, ensuring efficient and competitive disposal of surplus property.
- Best Practices Demonstration: Elizabeth Maxted, Vice President of GovDeals, highlighted that Ottawa Fleet Services' success exemplifies the potential of public sector teams applying best practices in online surplus sales, helping agencies maximize returns on surplus assets.
- Ongoing Auction Plans: Ottawa Fleet Services plans to continue offering surplus vehicles and equipment online, ensuring buyers have convenient access to government surplus opportunities, thereby further enhancing community value recovery.
See More
Ottawa Fleet Services Surplus Auction Proceeds Exceed $14 Million
- Auction Revenue Milestone: Ottawa Fleet Services has achieved over $14 million in surplus auction proceeds through the GovDeals platform, reflecting years of diligent asset management and transparency, thereby enhancing community value recovery.
- Efficient Asset Disposal: Since 2013, Ottawa Fleet Services has leveraged GovDeals to sell a variety of surplus assets, including fleet vehicles and industrial equipment, ensuring surplus property is disposed of efficiently and competitively, which has improved organizational operational efficiency.
- Platform Support and Expansion: Elizabeth Maxted, Vice President of GovDeals, highlighted that Ottawa Fleet Services' success exemplifies the potential of public sector teams applying best practices in online surplus sales, helping agencies maximize returns on surplus assets.
- Ongoing Auction Plans: Ottawa Fleet Services plans to continue offering surplus vehicles and equipment on GovDeals, ensuring buyers have convenient access to government surplus opportunities, further promoting effective community resource utilization.
See More
Liquidity Services to Participate in Multiple Investor Conferences
- Investor Conference Schedule: Liquidity Services' senior management will participate in several investor conferences, including the Barrington Research Virtual Conference on May 27, where CEO Bill Angrick and CFO Jorge Celaya will engage in virtual meetings, aiming to enhance investor confidence in the company's ongoing growth within the circular economy through discussions on e-commerce marketplace solutions.
- Institutional Investor Engagement: At the Craig-Hallum Institutional Investor Conference on May 28, Bill Angrick will present and hold one-on-one meetings with institutional investors, providing a crucial platform for the company to showcase its market potential and growth strategies, thereby strengthening investor relations.
- Consumer Growth Conference: Liquidity Services will attend the Oppenheimer Consumer Growth and E-Commerce Virtual Conference on June 8, with Bill Angrick and Jorge Celaya present to engage with attendees and discuss market trends, aiming to elevate the company's influence in the consumer market.
- East Coast Ideas Conference: Jorge Celaya will attend the East Coast Ideas Conference on June 10 in New York, gathering investors from over 60 companies to discuss business market trends, providing Liquidity Services an opportunity to showcase its business innovations and market insights.
See More
Dougherty County, Georgia Surplus Auction Proceeds Exceed $3 Million
- Auction Revenue Milestone: Dougherty County has successfully completed 781 virtual auctions on the GovDeals platform, generating over $3 million in total proceeds, showcasing the county's efficiency and transparency in asset disposal.
- Ongoing Auction Efforts: In the past 12 months alone, the county achieved over $84,000 in surplus auction proceeds on GovDeals, reflecting the team's continuous efforts in asset presentation and auction strategy.
- Leveraging Platform Advantages: Nick Carr, Vice President of GovDeals, highlighted that the county's success stems from its full commitment to a transparent online auction process, emphasizing the importance of consistent listings and optimizing asset presentation.
- Future Auction Opportunities: Dougherty County's GovDeals storefront regularly updates with new auctions, requiring interested bidders to register for a free account to participate, further enhancing the county's operational funding sources.
See More
New York State Auctions Surplus Helicopter Online
- Auction Details: The State of New York is auctioning a 2000 Bell 430 Executive Helicopter through GovDeals, with bidding open until May 14, 2026, attracting interest from qualified buyers.
- Participation Requirements: Interested parties must register on GovDeals and provide a refundable $10,000 deposit to participate, facilitating broader buyer engagement and competitive bidding.
- Asset Inspection: Buyers are encouraged to inspect the helicopter before bidding, which not only enhances transparency in purchasing decisions but also boosts buyer confidence, potentially leading to higher transaction rates.
- Platform Benefits: GovDeals, as the leading marketplace for government assets, has completed over $15 billion in sales, providing an efficient channel for governments to transparently dispose of surplus assets, thereby generating significant revenue for the state.
See More
New York State Auctions Surplus Helicopter Online
- Auction Details: The State of New York is auctioning a 2000 Bell 430 Executive Helicopter through GovDeals, with bidding open until May 14, 2026, inviting qualified buyers to participate.
- Participation Requirements: Interested bidders must register on GovDeals and provide a refundable $10,000 deposit, establishing a financial commitment that may limit participation to serious buyers.
- Market Benefits: As a leading marketplace for government asset sales, GovDeals offers a transparent platform for acquiring surplus aviation equipment, generating significant revenue for the state through competitive bidding processes.
- Buyer Recommendations: Potential buyers are encouraged to inspect the helicopter before bidding, enhancing transparency and buyer confidence in the auction process.
See More
Ottawa Fleet Services Surplus Auction Proceeds Exceed $14 Million
- Auction Revenue Milestone: Ottawa Fleet Services has achieved over $14 million in surplus auction proceeds through the GovDeals platform, reflecting years of diligent asset management and a commitment to transparency.
- Efficient Asset Disposal: Since 2013, Ottawa Fleet Services has leveraged GovDeals to sell a variety of surplus assets, including fleet vehicles, industrial equipment, and tools, ensuring efficient and competitive disposal of surplus property.
- Best Practices Demonstration: Elizabeth Maxted, Vice President of GovDeals, highlighted that Ottawa Fleet Services' success exemplifies the potential of public sector teams applying best practices in online surplus sales, helping agencies maximize returns on surplus assets.
- Ongoing Auction Plans: Ottawa Fleet Services plans to continue offering surplus vehicles and equipment online, ensuring buyers have convenient access to government surplus opportunities, thereby further enhancing community value recovery.
See More
Ottawa Fleet Services Surplus Auction Proceeds Exceed $14 Million
- Auction Revenue Milestone: Ottawa Fleet Services has achieved over $14 million in surplus auction proceeds through the GovDeals platform, reflecting years of diligent asset management and transparency, thereby enhancing community value recovery.
- Efficient Asset Disposal: Since 2013, Ottawa Fleet Services has leveraged GovDeals to sell a variety of surplus assets, including fleet vehicles and industrial equipment, ensuring surplus property is disposed of efficiently and competitively, which has improved organizational operational efficiency.
- Platform Support and Expansion: Elizabeth Maxted, Vice President of GovDeals, highlighted that Ottawa Fleet Services' success exemplifies the potential of public sector teams applying best practices in online surplus sales, helping agencies maximize returns on surplus assets.
- Ongoing Auction Plans: Ottawa Fleet Services plans to continue offering surplus vehicles and equipment on GovDeals, ensuring buyers have convenient access to government surplus opportunities, further promoting effective community resource utilization.
See More
Liquidity Services to Participate in Multiple Investor Conferences
- Investor Conference Schedule: Liquidity Services' senior management will participate in several investor conferences, including the Barrington Research Virtual Conference on May 27, where CEO Bill Angrick and CFO Jorge Celaya will engage in virtual meetings, aiming to enhance investor confidence in the company's ongoing growth within the circular economy through discussions on e-commerce marketplace solutions.
- Institutional Investor Engagement: At the Craig-Hallum Institutional Investor Conference on May 28, Bill Angrick will present and hold one-on-one meetings with institutional investors, providing a crucial platform for the company to showcase its market potential and growth strategies, thereby strengthening investor relations.
- Consumer Growth Conference: Liquidity Services will attend the Oppenheimer Consumer Growth and E-Commerce Virtual Conference on June 8, with Bill Angrick and Jorge Celaya present to engage with attendees and discuss market trends, aiming to elevate the company's influence in the consumer market.
- East Coast Ideas Conference: Jorge Celaya will attend the East Coast Ideas Conference on June 10 in New York, gathering investors from over 60 companies to discuss business market trends, providing Liquidity Services an opportunity to showcase its business innovations and market insights.
See More
Dougherty County, Georgia Surplus Auction Proceeds Exceed $3 Million
- Auction Revenue Milestone: Dougherty County has successfully completed 781 virtual auctions on the GovDeals platform, generating over $3 million in total proceeds, showcasing the county's efficiency and transparency in asset disposal.
- Ongoing Auction Efforts: In the past 12 months alone, the county achieved over $84,000 in surplus auction proceeds on GovDeals, reflecting the team's continuous efforts in asset presentation and auction strategy.
- Leveraging Platform Advantages: Nick Carr, Vice President of GovDeals, highlighted that the county's success stems from its full commitment to a transparent online auction process, emphasizing the importance of consistent listings and optimizing asset presentation.
- Future Auction Opportunities: Dougherty County's GovDeals storefront regularly updates with new auctions, requiring interested bidders to register for a free account to participate, further enhancing the county's operational funding sources.
See More
New York State Auctions Surplus Helicopter Online
- Auction Details: The State of New York is auctioning a 2000 Bell 430 Executive Helicopter through GovDeals, with bidding open until May 14, 2026, attracting interest from qualified buyers.
- Participation Requirements: Interested parties must register on GovDeals and provide a refundable $10,000 deposit to participate, facilitating broader buyer engagement and competitive bidding.
- Asset Inspection: Buyers are encouraged to inspect the helicopter before bidding, which not only enhances transparency in purchasing decisions but also boosts buyer confidence, potentially leading to higher transaction rates.
- Platform Benefits: GovDeals, as the leading marketplace for government assets, has completed over $15 billion in sales, providing an efficient channel for governments to transparently dispose of surplus assets, thereby generating significant revenue for the state.
See More
New York State Auctions Surplus Helicopter Online
- Auction Details: The State of New York is auctioning a 2000 Bell 430 Executive Helicopter through GovDeals, with bidding open until May 14, 2026, inviting qualified buyers to participate.
- Participation Requirements: Interested bidders must register on GovDeals and provide a refundable $10,000 deposit, establishing a financial commitment that may limit participation to serious buyers.
- Market Benefits: As a leading marketplace for government asset sales, GovDeals offers a transparent platform for acquiring surplus aviation equipment, generating significant revenue for the state through competitive bidding processes.
- Buyer Recommendations: Potential buyers are encouraged to inspect the helicopter before bidding, enhancing transparency and buyer confidence in the auction process.
See More
