ACV Auctions Inc
NASDAQ:ACVA
Income Statement
Earnings Waterfall
ACV Auctions Inc
Revenue
|
481.2m
USD
|
Cost of Revenue
|
-244.5m
USD
|
Gross Profit
|
236.8m
USD
|
Operating Expenses
|
-326.5m
USD
|
Operating Income
|
-89.7m
USD
|
Other Expenses
|
14.4m
USD
|
Net Income
|
-75.3m
USD
|
Income Statement
ACV Auctions Inc
Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||
Revenue |
107
N/A
|
131
+23%
|
154
+17%
|
190
+23%
|
208
+10%
|
235
+13%
|
288
+22%
|
312
+8%
|
358
+15%
|
393
+10%
|
410
+5%
|
424
+3%
|
422
-1%
|
438
+4%
|
447
+2%
|
461
+3%
|
481
+4%
|
|
Gross Profit | ||||||||||||||||||
Cost of Revenue |
(83)
|
(99)
|
(104)
|
(111)
|
(113)
|
(123)
|
(157)
|
(177)
|
(205)
|
(227)
|
(237)
|
(242)
|
(237)
|
(236)
|
(235)
|
(237)
|
(244)
|
|
Gross Profit |
24
N/A
|
32
+34%
|
50
+57%
|
79
+57%
|
95
+21%
|
112
+18%
|
131
+17%
|
135
+3%
|
154
+14%
|
166
+8%
|
173
+4%
|
182
+5%
|
185
+2%
|
203
+10%
|
213
+5%
|
224
+6%
|
237
+6%
|
|
Operating Income | ||||||||||||||||||
Operating Expenses |
(103)
|
(125)
|
(131)
|
(133)
|
(136)
|
(142)
|
(166)
|
(198)
|
(230)
|
(254)
|
(276)
|
(286)
|
(291)
|
(301)
|
(306)
|
(315)
|
(326)
|
|
Selling, General & Administrative |
(62)
|
(73)
|
(73)
|
(67)
|
(66)
|
(66)
|
(80)
|
(104)
|
(125)
|
(138)
|
(148)
|
(150)
|
(152)
|
(159)
|
(165)
|
(171)
|
(177)
|
|
Depreciation & Amortization |
(2)
|
(2)
|
(4)
|
(5)
|
(7)
|
(7)
|
(7)
|
(8)
|
(9)
|
(9)
|
(10)
|
(10)
|
(11)
|
(12)
|
(13)
|
(15)
|
(19)
|
|
Other Operating Expenses |
(39)
|
(49)
|
(55)
|
(61)
|
(63)
|
(69)
|
(79)
|
(87)
|
(97)
|
(108)
|
(119)
|
(126)
|
(127)
|
(130)
|
(128)
|
(128)
|
(130)
|
|
Operating Income |
(79)
N/A
|
(93)
-18%
|
(81)
+13%
|
(54)
+33%
|
(41)
+25%
|
(30)
+26%
|
(35)
-17%
|
(63)
-81%
|
(77)
-22%
|
(88)
-15%
|
(104)
-17%
|
(104)
0%
|
(106)
-2%
|
(98)
+7%
|
(93)
+5%
|
(90)
+3%
|
(90)
+1%
|
|
Pre-Tax Income | ||||||||||||||||||
Interest Income Expense |
2
|
2
|
2
|
1
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
2
|
4
|
7
|
11
|
14
|
15
|
|
Non-Reccuring Items |
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
(77)
N/A
|
(91)
-18%
|
(79)
+13%
|
(53)
+33%
|
(41)
+23%
|
(30)
+25%
|
(36)
-17%
|
(64)
-79%
|
(78)
-22%
|
(89)
-15%
|
(104)
-17%
|
(103)
+1%
|
(102)
+1%
|
(91)
+11%
|
(82)
+10%
|
(77)
+6%
|
(75)
+3%
|
|
Net Income | ||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
(1)
|
|
Income from Continuing Operations |
(77)
|
(91)
|
(79)
|
(53)
|
(41)
|
(31)
|
(36)
|
(64)
|
(78)
|
(90)
|
(105)
|
(104)
|
(102)
|
(91)
|
(82)
|
(77)
|
(75)
|
|
Net Income (Common) |
(77)
N/A
|
(91)
-18%
|
(79)
+13%
|
(53)
+33%
|
(41)
+23%
|
(31)
+25%
|
(36)
-17%
|
(64)
-77%
|
(78)
-22%
|
(90)
-15%
|
(105)
-16%
|
(104)
+1%
|
(102)
+2%
|
(91)
+11%
|
(82)
+10%
|
(77)
+7%
|
(75)
+2%
|
|
EPS (Diluted) |
-0.5
N/A
|
-0.59
-18%
|
-0.52
+12%
|
-0.35
+33%
|
-0.27
+23%
|
-0.2
+26%
|
-0.23
-15%
|
-0.41
-78%
|
-0.62
-51%
|
-0.58
+6%
|
-0.68
-17%
|
-0.67
+1%
|
-0.65
+3%
|
-0.58
+11%
|
-0.52
+10%
|
-0.48
+8%
|
-0.47
+2%
|