ACV Auctions
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. ACV Auctions's past years’ income statements indicate that its last revenue has increased compared to the previous period by 14% to $481,234,000. The net income raised on -$75,261,000 and profit margin reached -16%. Total operating expenses were $326,457,000.
Profit Margin
| 2019 | 106.84M | -77.21M | -72.27% |
|---|---|---|---|
| 2020 | 208.35M | -41.02M | -19.69% |
| 2021 | 358.43M | -78.18M | -21.81% |
| 2022 | 421.52M | -102.19M | -24.24% |
| 2023 | 481.23M | -75.26M | -15.64% |
ACVA Income Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Revenue | |||||
Revenue | 481.23M | 421.52M | 358.43M | 208.35M | 106.84M |
Cost of revenue | 244.45M | 236.65M | 204.75M | 113.04M | 82.77M |
Gross profit | 236.78M | 184.87M | 153.68M | 95.30M | 24.06M |
Operating exp. | |||||
Research and development | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 4.6M | 5.2M | 5M | 2.3M | 3.6M |
Total operating expenses | 326.45M | 291.08M | 230.48M | 135.95M | 103.35M |
Operating income | -89.67M | -106.20M | -76.80M | -40.64M | -79.28M |
Other income (expenses), net | 14.94M | 4.10M | -653K | 115K | 2.09M |
Income before tax | -74.73M | -102.10M | -77.45M | -40.53M | -77.18M |
Income tax expense | 526K | 87K | 724K | 489K | 27K |
Net income | -75.26M | -102.19M | -78.18M | -41.02M | -77.21M |
Earnings per share | |||||
Basic EPS | -0.47 | -0.65 | -0.5 | -0.27 | -0.5 |
Diluted EPS | -0.47 | -0.65 | -0.5 | -0.27 | -0.5 |
| Data source | Data source | Data source |