ACVA Q2 2020 Earnings — ACV Auctions Inc. Revenue & Financial Results | Market Cap Arena

ACVAACV Auctions Inc.

$866M

Q2 2020 Earnings

Consumer Cyclical Auto - Dealerships

Income Statement

Revenue

$45M+68.1% YoY

Gross Profit

$25M55.5% margin

Operating Income

-$4M-9.6% margin

Net Income

-$4M-9.8% margin

EPS (Diluted)

$-0.03

QoQ Revenue Growth

+6.3%

Cash Flow

Operating Cash Flow

$26M

Free Cash Flow

$24M

Stock-Based Comp.

$1M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$45M	$27M	+68.1%
Gross Profit	$25M	$6M	+314.1%
Operating Income	-$4M	-$20M	+78.3%
Net Income	-$4M	-$19M	+77.2%