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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Total revenue $ 119,875 $ 93,613 $ 358,581 $ 256,391
Costs and expenses from operations:        
Cost of goods sold (excludes depreciation and amortization) 65,110 44,212 206,220 119,960
Technology and operations 17,275 15,372 51,565 45,136
Sales and marketing 15,694 13,759 44,278 40,934
General and administrative 8,221 8,603 23,596 23,846
Depreciation and amortization 2,657 3,199 7,741 9,297
Other operating expenses 700 573 1,073 1,080
Total costs and expenses 109,657 85,718 334,473 240,253
Income from operations 10,218 7,895 24,108 16,138
Interest and other income, net (1,077) (807) (3,083) (2,549)
Income before provision for income taxes 11,295 8,702 27,191 18,687
Provision for income taxes 3,885 2,702 6,920 5,071
Net income $ 7,410 $ 6,000 $ 20,271 $ 13,616
Basic income per common share (in usd per share) $ 0.24 $ 0.2 $ 0.66 $ 0.45
Diluted income per common share (in usd per share) $ 0.23 $ 0.19 $ 0.63 $ 0.43
Basic weighted average shares outstanding (in shares) 31,157,183 30,388,675 30,935,882 30,497,820
Diluted weighted average shares outstanding 32,497,238 31,464,461 32,404,183 31,617,578
Purchase revenues        
Total revenue $ 76,517 $ 53,396 $ 237,159 $ 142,726
Consignment and other fee revenues        
Total revenue $ 43,358 $ 40,217 $ 121,422 $ 113,665