ACVA Q3 2023 Earnings — ACV Auctions Inc. Revenue & Financial Results | Market Cap Arena

ACVAACV Auctions Inc.

$868M

Q3 2023 Earnings

Consumer Cyclical Auto - Dealerships

Income Statement

Revenue

$119M+12.9% YoY

Gross Profit

$59M49.3% margin

Operating Income

-$22M-18.7% margin

Net Income

-$18M-15.3% margin

EPS (Diluted)

$-0.11

QoQ Revenue Growth

-4.2%

Cash Flow

Operating Cash Flow

-$15M

Free Cash Flow

-$22M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$959M

Total Liabilities

$492M

Stockholders' Equity

$467M

Cash & Equivalents

$226M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$119M	$105M	+12.9%
Gross Profit	$59M	$47M	+24.9%
Operating Income	-$22M	-$25M	+11.2%
Net Income	-$18M	-$24M	+22.9%

Revenue Segments

Marketplace And Service Revenue

$105M52%

Auction Marketplace Revenue

$51M26%

Other Marketplace Revenue

$45M22%