ACVA Q4 2023 Earnings — ACV Auctions Inc. Revenue & Financial Results | Market Cap Arena

ACVAACV Auctions Inc.

$868M

Q4 2023 Earnings

Consumer Cyclical Auto - Dealerships

Income Statement

Revenue

$118M+20.8% YoY

Gross Profit

$58M48.8% margin

Operating Income

-$27M-22.6% margin

Net Income

-$23M-19.6% margin

EPS (Diluted)

$-0.14

QoQ Revenue Growth

-0.5%

Cash Flow

Operating Cash Flow

-$26M

Free Cash Flow

-$34M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$923M

Total Liabilities

$466M

Stockholders' Equity

$457M

Cash & Equivalents

$183M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$118M	$98M	+20.8%
Gross Profit	$58M	$45M	+27.9%
Operating Income	-$27M	-$27M	+1.9%
Net Income	-$23M	-$25M	+5.2%

Revenue Segments

Marketplace And Service Revenue

$104M52%

Auction Marketplace Revenue

$51M26%

Other Marketplace Revenue

$45M22%