ACVA - ACV Auctions Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$9.00
DETAILS
HIGH:
$10.00
LOW:
$8.00
MEDIAN:
$9.00
CONSENSUS:
$9.00
UPSIDE:
51.26%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||
| Revenue | 759.6 | 637.2 | 481.2 | 421.5 | 358.4 | 208.4 | 106.8 | 35.5 |
| Cost of Revenue | 288.1 | 248.2 | 244.5 | 236.7 | 204.8 | 113.0 | 82.8 | 21.8 |
| Gross Profit | 471.5 | 388.9 | 236.8 | 184.9 | 153.7 | 95.3 | 24.1 | 13.7 |
| Operating Expenses | ||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 235.0 | 217.4 | 165.3 | 143.6 | 121.2 | 64.9 | 62.4 | 49.9 |
| Other Expenses | 298.2 | 255.6 | 161.2 | 147.4 | 109.3 | 71.1 | 40.9 | 0 |
| Operating Expenses | 533.2 | 473.1 | 326.5 | 291.1 | 230.5 | 136.0 | 103.4 | 49.9 |
| Operating Income | ||||||||
| Operating Income | (61.7) | (84.1) | (89.7) | (106.2) | (76.8) | (40.6) | (79.3) | (36.1) |
| Interest Expense | 9.6 | 4.2 | 1.6 | 1.0 | 0.8 | 0.6 | 0 | 0 |
| Interest Income | 8.0 | 9.3 | 16.5 | 5.1 | 0.1 | 0.7 | 2.1 | 0.4 |
| Profitability | ||||||||
| EBITDA | (11.5) | (38.0) | (53.9) | (89.7) | (67.9) | (32.6) | (75.3) | (35.5) |
| EBIT | (55.2) | (74.8) | (73.2) | (101.1) | (76.7) | (39.9) | (77.2) | (35.8) |
| Income Before Tax | (64.8) | (79.0) | (74.7) | (102.1) | (77.5) | (40.5) | (77.2) | (35.8) |
| Income Tax Expense | 1.3 | 0.7 | 0.5 | 0.1 | 0.7 | 0.5 | 0.0 | 0.0 |
| Net Income | (66.1) | (79.7) | (75.3) | (102.2) | (78.2) | (41.0) | (77.2) | (35.8) |
| Per Share Data | ||||||||
| EPS (Basic) | -0.39 | -0.48 | -0.47 | -0.65 | -0.50 | -0.27 | -0.50 | -0.23 |
| EPS (Diluted) | -0.39 | -0.48 | -0.47 | -0.65 | -0.50 | -0.27 | -0.50 | -0.23 |
| Shares Outstanding | 170.6 | 164.9 | 160.0 | 157.0 | 156.1 | 154.2 | 154.2 | 154.2 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Current Assets | |||||||
| Cash & Cash Equivalents | 271.5 | 224.1 | 182.6 | 280.1 | 565.3 | 233.7 | 182.3 |
| Short-Term Investments | 0 | 46.0 | 228.8 | 215.9 | 13.8 | 0 | 0 |
| Net Receivables | 197.2 | 307.8 | 283.0 | 246.8 | 267.0 | 112.6 | 83.3 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 204.8 | 15.3 | 12.5 | 12.0 | 11.3 | 8.0 | 2.6 |
| Total Current Assets | 673.5 | 593.2 | 706.9 | 754.8 | 857.4 | 354.4 | 268.2 |
| Non-Current Assets | |||||||
| Property, Plant & Equipment | 12.9 | 7.6 | 4.9 | 5.7 | 4.9 | 6.9 | 5.4 |
| Goodwill | 183.7 | 180.5 | 103.4 | 91.8 | 78.8 | 21.8 | 16.1 |
| Intangible Assets | 81.0 | 90.8 | 90.0 | 56.3 | 36.0 | 19.3 | 12.8 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 134.5 | 112.0 | 17.8 | 6.4 | 5.8 | 2.1 | 2.1 |
| Total Non-Current Assets | 412.1 | 391.0 | 216.0 | 160.1 | 125.5 | 50.1 | 36.3 |
| Total Assets | 1,085.6 | 984.1 | 922.9 | 914.9 | 983.0 | 404.6 | 304.5 |
| Current Liabilities | |||||||
| Account Payables | 390.8 | 345.6 | 305.8 | 323.7 | 396.0 | 152.0 | 85.8 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 4.3 | 1.5 | 2.3 |
| Other Current Liabilities | 30.0 | 0 | 0 | (1.2) | (4.3) | 0 | 0 |
| Total Current Liabilities | 420.8 | 381.2 | 333.9 | 348.2 | 423.4 | 166.7 | 97.7 |
| Non-Current Liabilities | |||||||
| Long-Term Debt | 190 | 123 | 115 | 75.5 | 0.5 | 4.8 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 1.0 | 0 | 0 |
| Other Non-Current Liabilities | 45.1 | 40.0 | 17.5 | 5.5 | 0 | 371.4 | 311.5 |
| Total Non-Current Liabilities | 235.1 | 163.0 | 132.5 | 81.0 | 3.5 | 377.5 | 313.0 |
| Total Liabilities | 655.9 | 544.1 | 466.4 | 429.2 | 426.9 | 544.2 | 410.7 |
| Stockholders' Equity | |||||||
| Common Stock | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.0 | 0.0 |
| Retained Earnings | (568.5) | (502.3) | (422.6) | (347.4) | (245.2) | (167.0) | (126.0) |
| Accumulated Other Comprehensive Income | 1.3 | (2.7) | (1.5) | (3.8) | (0.0) | (0.1) | (0.0) |
| Total Stockholders' Equity | 429.7 | 440.0 | 456.5 | 485.7 | 556.1 | (139.7) | (106.1) |
| Total Liabilities & Equity | 1,085.6 | 984.1 | 922.9 | 914.9 | 983.0 | 404.6 | 304.5 |
| Debt Metrics | |||||||
| Total Debt | 190 | 123 | 115 | 76.7 | 3.9 | 6.9 | 2.0 |
| Net Debt | (81.5) | (101.1) | (67.6) | (203.4) | (561.4) | (226.8) | (180.3) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | (66.1) | (79.7) | (75.3) | (102.2) | (78.2) | (41.0) | (77.2) |
| Depreciation & Amortization | 43.7 | 36.8 | 19.3 | 11.4 | 8.8 | 7.2 | 1.8 |
| Stock-Based Compensation | 56.9 | 68.0 | 49.6 | 39.3 | 23.2 | 5.7 | 1.0 |
| Change in Working Capital | 6.2 | 29.5 | (21.0) | (34.7) | 125.9 | 35.4 | (1.3) |
| Other Non-Cash Items | 37.6 | 10.7 | 9.5 | 11.0 | 5.6 | 3.0 | 3.2 |
| Operating Cash Flow | 78.2 | 65.4 | (17.9) | (75.2) | 85.3 | 10.4 | (72.5) |
| Investing Activities | |||||||
| Capital Expenditure | (9.1) | (4.5) | (28.2) | (23.4) | (14.0) | (8.9) | (6.6) |
| Acquisitions | 0 | (156.5) | (29.6) | (18.9) | (64.5) | (5.5) | (14.8) |
| Purchases of Investments | (28.9) | (36.0) | (146.0) | (269.7) | (13.8) | 0 | 0 |
| Sales/Maturities of Investments | 75.3 | 218.8 | 138.1 | 67.0 | 0 | 0 | 0 |
| Other Investing Activities | (111.4) | (37.6) | (71.1) | (58.2) | (48.4) | (10.7) | (6.5) |
| Investing Cash Flow | (74.1) | (15.9) | (111.0) | (283.0) | (129.3) | (19.7) | (24.7) |
| Financing Activities | |||||||
| Net Debt Issuance | 63.7 | 8 | 39.5 | 75 | (7.0) | 4.8 | 0 |
| Stock Repurchased | 0 | 0 | (16.0) | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (26.9) | (15.9) | 7.2 | (2.1) | (2.5) | 0.9 | (0.7) |
| Financing Cash Flow | 43.0 | (7.9) | 30.6 | 72.9 | 376.2 | 60.8 | 161.5 |
| Cash Position | |||||||
| Net Change in Cash | 47.4 | 41.5 | (98.2) | (285.2) | 332.3 | 51.5 | 64.4 |
| Cash at Beginning | 224.1 | 182.6 | 280.8 | 566.0 | 233.7 | 182.3 | 117.9 |
| Cash at End | 271.5 | 224.1 | 182.6 | 280.8 | 566.0 | 233.7 | 182.3 |
| Free Cash Flow | 69.1 | 60.9 | (46.1) | (98.6) | 71.3 | 1.5 | (79.1) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 759.6 | 637.2 | 481.2 | 421.5 | 358.4 | 208.4 | 106.8 | 35.5 |
| Gross Profit | 471.5 | 388.9 | 236.8 | 184.9 | 153.7 | 95.3 | 24.1 | 13.7 |
| Operating Income | (61.7) | (84.1) | (89.7) | (106.2) | (76.8) | (40.6) | (79.3) | (36.1) |
| Net Income | (66.1) | (79.7) | (75.3) | (102.2) | (78.2) | (41.0) | (77.2) | (35.8) |
| EPS (Diluted) | -0.39 | -0.48 | -0.47 | -0.65 | -0.50 | -0.27 | -0.50 | -0.23 |
| Balance Sheet | ||||||||
| Cash & Equivalents | 271.5 | 224.1 | 182.6 | 280.1 | 565.3 | 233.7 | 182.3 | |
| Total Assets | 1,085.6 | 984.1 | 922.9 | 914.9 | 983.0 | 404.6 | 304.5 | |
| Total Debt | 190 | 123 | 115 | 76.7 | 3.9 | 6.9 | 2.0 | |
| Stockholders' Equity | 429.7 | 440.0 | 456.5 | 485.7 | 556.1 | (139.7) | (106.1) | |
| Cash Flow | ||||||||
| Operating Cash Flow | 78.2 | 65.4 | (17.9) | (75.2) | 85.3 | 10.4 | (72.5) | |
| Capital Expenditure | (9.1) | (4.5) | (28.2) | (23.4) | (14.0) | (8.9) | (6.6) | |
| Free Cash Flow | 69.1 | 60.9 | (46.1) | (98.6) | 71.3 | 1.5 | (79.1) | |