Reports Q1 revenue $122.3M vs. $71.3M last year. GMV for the fiscal first quarter of 2025 was $386.1M, a 26% increase from $305.9M in the first fiscal quarter of 2024. “Our strong start to FY2025 was fueled by the continuing adoption of our services by customers and momentum across our businesses, resulting in a new quarterly GMV record and double-digit GMV growth in every one of our segments. Notably, our RSCG segment’s expanded relationships with our seller clients drove new quarterly segment records in GMV, revenue and direct profit for the second quarter in a row. GovDeals and Machinio contributed consistent seller acquisition and service expansion, while CAG continued to scale its recurring seller base in its heavy equipment category, which grew over 30% organically,” said CEO Bill Angrick.
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