ACVA FY 2023 Earnings — ACV Auctions Inc. Revenue & Financial Results | Market Cap Arena

ACVAACV Auctions Inc.

$868M

FY 2023 Earnings

Consumer Cyclical Auto - Dealerships

Income Statement

Revenue

$481M+14.2% YoY

Gross Profit

$237M49.2% margin

Operating Income

-$90M-18.6% margin

Net Income

-$75M-15.6% margin

EPS (Diluted)

$-0.47

Cash Flow

Operating Cash Flow

-$18M

Free Cash Flow

-$46M

Stock-Based Comp.

$50M

Balance Sheet

Total Assets

$923M

Total Liabilities

$466M

Stockholders' Equity

$457M

Cash & Equivalents

$183M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$481M	$422M	+14.2%
Gross Profit	$237M	$185M	+28.1%
Operating Income	-$90M	-$106M	+15.6%
Net Income	-$75M	-$102M	+26.4%