ACVA Q2 2021 Earnings — ACV Auctions Inc. Revenue & Financial Results | Market Cap Arena

ACVAACV Auctions Inc.

$868M

Q2 2021 Earnings

Consumer Cyclical Auto - Dealerships

Income Statement

Revenue

$97M+116.9% YoY

Gross Profit

$43M44.6% margin

Operating Income

-$9M-9.6% margin

Net Income

-$10M-10.0% margin

EPS (Diluted)

$-0.06

QoQ Revenue Growth

+40.9%

Cash Flow

Operating Cash Flow

$27M

Free Cash Flow

$24M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$989M

Total Liabilities

$397M

Stockholders' Equity

$592M

Cash & Equivalents

$664M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$97M	$45M	+116.9%
Gross Profit	$43M	$25M	+74.4%
Operating Income	-$9M	-$4M	-116.5%
Net Income	-$10M	-$4M	-120.5%

Revenue Segments

Marketplace And Service Revenue

$84M50%

Auction Marketplace Revenue

$47M28%

Transportation Data And Other Services Revenue

$37M22%