ACVA Q2 2022 Earnings — ACV Auctions Inc. Revenue & Financial Results | Market Cap Arena

ACVAACV Auctions Inc.

$868M

Q2 2022 Earnings

Consumer Cyclical Auto - Dealerships

Income Statement

Revenue

$115M+18.2% YoY

Gross Profit

$51M44.0% margin

Operating Income

-$25M-21.5% margin

Net Income

-$25M-21.3% margin

EPS (Diluted)

$-0.16

QoQ Revenue Growth

+11.6%

Cash Flow

Operating Cash Flow

-$41M

Free Cash Flow

-$47M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$977M

Total Liabilities

$462M

Stockholders' Equity

$516M

Cash & Equivalents

$304M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$115M	$97M	+18.2%
Gross Profit	$51M	$43M	+16.4%
Operating Income	-$25M	-$9M	-165.2%
Net Income	-$25M	-$10M	-152.9%

Revenue Segments

Marketplace And Service Revenue

$98M50%

Auction Marketplace Revenue

$48M25%

Other Marketplace Revenue

$41M21%

Data Services Revenue

$8M4%