ACV Auctions Inc.ACVA

NYSEIndustrialsServices-Business Services, NEC
Price (close)
$10.46
Market cap
$1.8B
P/E
—
Revenue (TTM)
$801.3M
Net income
-$63.1M
Dividend yield
—
1-year total return
4.9%
Net margin
-7.9%
Revenue growth
13.3%
Debt / equity
—

What ACV Auctions Inc. does.

Our mission is to build and enable the most trusted and efficient marketplace for buying and selling used vehicles with transparency and comprehensive data that was previously unimaginable.

We provide a highly efficient and vibrant marketplace platform ("marketplace platform" or "marketplace") for wholesale vehicle transactions and data services that offer transparent and accurate vehicle information to our customers. Our marketplace platform leverages data insights and technology to power our digital marketplace and data services, enabling our dealers and commercial partners to buy, sell, and value vehicles with confidence and efficiency. Our marketplace platform is also supported by remarketing centers in various locations throughout the United States. We strive to solve the challenges that the used automotive industry has faced for generations and provide powerful technology-enabled capabilities to our dealers and commercial partners who fulfill a critical role in the automotive ecosystem. We help dealers source and manage inventory and accurately price their vehicles as well as process payments, transfer titles, manage arbitrations, and finance and transport vehicles. Our marketplace platform encompasses:

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$208.4M$358.4M$421.5M$481.2M$637.2M$759.6M
Net income-$41.0M-$78.2M-$102.2M-$75.3M-$79.7M-$66.1M
Free cash flow$6.9M$82.7M-$78.4M-$20.2M$60.9M$69.1M

More on ACVA.

Figures from ACV Auctions Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.