ACVA Q3 2024 Earnings — ACV Auctions Inc. Revenue & Financial Results | Market Cap Arena

ACVAACV Auctions Inc.

$868M

Q3 2024 Earnings

Consumer Cyclical Auto - Dealerships

Income Statement

Revenue

$171M+44.0% YoY

Gross Profit

$90M52.6% margin

Operating Income

-$17M-10.0% margin

Net Income

-$16M-9.4% margin

EPS (Diluted)

$-0.10

QoQ Revenue Growth

+6.7%

Cash Flow

Operating Cash Flow

$21M

Free Cash Flow

$13M

Stock-Based Comp.

$18M

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$578M

Stockholders' Equity

$456M

Cash & Equivalents

$253M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$171M	$119M	+44.0%
Gross Profit	$90M	$59M	+53.7%
Operating Income	-$17M	-$22M	+23.1%
Net Income	-$16M	-$18M	+12.1%

Revenue Segments

Auction Marketplace Revenue

$85M57%

Other Marketplace Revenue

$63M43%