ACV Auctions Inc. (ACVA)

ACV Auctions Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	637.16	481.23	421.53	358.44	208.36
Revenue Growth (YoY)	32.40%	14.16%	17.60%	72.03%	95.00%
Cost of Revenue	467.14	385.41	373.18	305.81	178.05
Gross Profit	170.02	95.82	48.35	52.63	30.31
Selling, General & Admin	211.92	165.27	143.64	121.17	64.88
Operating Expenses	248.6	184.26	154.56	129.43	70.96
Operating Income	-78.59	-88.44	-106.21	-76.81	-40.65
Interest Expense	-4.24	-1.57	-0.98	-0.78	-0.63
Interest & Investment Income	9.34	16.51	5.08	0.13	0.75
EBT Excluding Unusual Items	-73.49	-73.5	-102.11	-77.46	-40.53
Merger & Restructuring Charges	-3.97	-1.24	-	-	-
Legal Settlements	-1.55	-	-	-	-
Pretax Income	-79.01	-74.74	-102.11	-77.46	-40.53
Income Tax Expense	0.69	0.53	0.09	0.72	0.49
Net Income	-79.7	-75.26	-102.19	-78.18	-41.02
Net Income to Common	-79.7	-75.26	-102.19	-78.18	-41.02
Shares Outstanding (Basic)	165	160	157	125	22
Shares Outstanding (Diluted)	165	160	157	125	22
Shares Change (YoY)	3.06%	1.88%	25.26%	480.34%	17.56%
EPS (Basic)	-0.48	-0.47	-0.65	-0.62	-1.90
EPS (Diluted)	-0.48	-0.47	-0.65	-0.62	-1.90
Free Cash Flow	60.86	-20.22	-78.39	82.72	6.87
Free Cash Flow Per Share	0.37	-0.13	-0.50	0.66	0.32
Gross Margin	26.68%	19.91%	11.47%	14.68%	14.55%
Operating Margin	-12.33%	-18.38%	-25.20%	-21.43%	-19.51%
Profit Margin	-12.51%	-15.64%	-24.24%	-21.81%	-19.69%
Free Cash Flow Margin	9.55%	-4.20%	-18.60%	23.08%	3.29%
EBITDA	-63.28	-79.26	-98.43	-70.05	-34.8
EBITDA Margin	-9.93%	-16.47%	-23.35%	-19.54%	-16.70%
D&A For EBITDA	15.31	9.19	7.78	6.75	5.84
EBIT	-78.59	-88.44	-106.21	-76.81	-40.65
EBIT Margin	-12.33%	-18.38%	-25.20%	-21.43%	-19.51%
Revenue as Reported	637.16	481.23	421.53	358.44	208.36

Updated Feb 19, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q