Financial Snapshot

Revenue
$596.0M
TTM
Gross Margin
51.32%
TTM
Net Earnings
-$76.80M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
151.39%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$456.2M
Q3 2024
Cash
Q3 2024
P/E
-49.31
Nov 29, 2024 EST
Free Cash Flow
$16.03M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $481.2M $421.5M $358.4M $208.4M $106.8M
YoY Change 14.16% 17.6% 72.03% 95.01%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $481.2M $421.5M $358.4M $208.4M $106.8M
Cost Of Revenue $244.5M $236.7M $204.8M $113.0M $82.80M
Gross Profit $236.8M $184.9M $153.7M $95.30M $24.10M
Gross Profit Margin 49.2% 43.86% 42.88% 45.74% 22.56%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $166.5M $143.6M $121.2M $64.88M $62.44M
YoY Change 15.92% 18.54% 86.75% 3.91%
% of Gross Profit 70.32% 77.69% 78.84% 68.08% 259.08%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $19.29M $11.38M $8.753M $7.244M $1.839M
YoY Change 69.49% 29.99% 20.83% 293.91%
% of Gross Profit 8.14% 6.15% 5.7% 7.6% 7.63%
Operating Expenses $570.9M $527.7M $435.2M $249.0M $186.1M
YoY Change 8.18% 21.25% 74.79% 33.78%
Operating Profit -$89.68M -$106.2M -$76.81M -$40.65M -$79.28M
YoY Change -15.57% 38.28% 88.96% -48.73%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $1.565M $979.0K $782.0K $633.0K $0.00
YoY Change 59.86% 25.19% 23.54%
% of Operating Profit
Other Income/Expense, Net $14.94M $4.103M -$653.0K $115.0K $2.093M
YoY Change 264.17% -728.33% -667.83% -94.51%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$74.74M -$102.1M -$77.46M -$40.53M -$77.19M
YoY Change -26.81% 31.82% 91.1% -47.49%
Income Tax $526.0K $87.00K $724.0K $489.0K $27.00K
% Of Pretax Income
Net Earnings -$75.26M -$102.2M -$78.18M -$41.02M -$77.22M
YoY Change -26.35% 30.71% 90.59% -46.88%
Net Earnings / Revenue -15.64% -24.24% -21.81% -19.69% -72.27%
Basic Earnings Per Share -$0.47 -$0.65 -$0.62 -$1.90
Diluted Earnings Per Share -$0.47 -$0.65 -$623.8K -$265.9K -$500.6K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $530.4M $574.7M $624.0M $242.2M $185.5M
YoY Change -7.72% -7.9% 157.65% 30.57%
Cash & Equivalents $182.6M $280.8M $566.0M $233.7M $182.3M
Short-Term Investments $347.8M $294.0M $58.04M $8.500M $3.200M
Other Short-Term Assets $12.52M $11.32M $10.62M $8.000M $2.600M
YoY Change 10.67% 6.53% 32.79% 207.69%
Inventory
Prepaid Expenses
Receivables $164.0M $168.7M $222.8M $104.1M $80.10M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $706.9M $754.8M $857.4M $354.4M $268.2M
YoY Change -6.34% -11.97% 141.93% 32.14%
Property, Plant & Equipment $21.78M $5.710M $8.180M $6.900M $5.400M
YoY Change 281.37% -30.2% 18.55% 27.78%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $907.0K $6.400M $2.554M $2.100M $2.100M
YoY Change -85.83% 150.59% 21.62% 0.0%
Total Long-Term Assets $216.0M $160.1M $125.5M $50.20M $36.30M
YoY Change 34.89% 27.56% 150.09% 38.29%
Total Assets $922.9M $914.9M $983.0M $404.6M $304.5M
YoY Change
Accounts Payable $305.8M $323.7M $396.0M $152.0M $85.80M
YoY Change -5.5% -18.26% 160.51% 77.16%
Accrued Expenses $28.10M $24.56M $23.07M $13.20M $9.500M
YoY Change 14.42% 6.43% 74.8% 38.95%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $333.9M $348.2M $423.4M $166.7M $97.70M
YoY Change -4.1% -17.75% 153.97% 70.62%
Long-Term Debt $115.0M $75.50M $500.0K $4.800M $0.00
YoY Change 52.32% 15000.0% -89.58%
Other Long-Term Liabilities $17.46M $5.481M $3.001M $6.400M $1.500M
YoY Change 218.46% 82.64% -53.11% 326.67%
Total Long-Term Liabilities $132.5M $80.98M $3.501M $11.20M $1.500M
YoY Change 63.56% 2213.08% -68.74% 646.67%
Total Liabilities $466.4M $429.2M $426.9M $177.9M $99.20M
YoY Change 8.67% 0.55% 139.95% 79.33%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 160.0M 157.0M 125.3M 21.60M
Diluted Shares Outstanding 160.0M 157.0M 125.3M 21.60M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $3.787 Billion

About ACV Auctions Inc.

ACV Auctions, Inc. provides a vibrant digital marketplace for wholesale vehicle transactions and data services, which offers transparent and accurate vehicle information to its customers. The company is headquartered in Buffalo, New York and currently employs 2,170 full-time employees. The company went IPO on 2021-03-24. The Company’s platform leverages data insights and technology to power its digital marketplace and data services, enabling its dealers and commercial partners to buy, sell and value vehicles. Its platform includes Digital Marketplace, Data Services and Data and Technology. The Digital Marketplace connects buyers and sellers of wholesale vehicles. The Data Services offers insights into the condition and value of used vehicles for transactions both on and off its marketplace and helps dealers, their end consumers, and commercial partners make more informed decisions to transact with confidence and efficiency. The Data and Technology underpins everything its do, and powers its vehicle inspections, comprehensive vehicle intelligence reports, digital marketplace, and operations automation.

Industry: Services-Business Services, NEC Peers: Aurora Innovation, Inc. CINTAS CORP VIAD CORP Driven Brands Holdings Inc. HEALTHCARE SERVICES GROUP INC IAA, Inc. OPENLANE, Inc. MATTHEWS INTERNATIONAL CORP UNIFIRST CORP VSE CORP