NYSE$ACVA
ACV Auctions Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
ACV Auctions reported solid revenue growth and market share gains.
ACV Auctions announced its Q1 2022 results, revealing a 49% year-over-year increase in revenue, reaching $103 million. The company's Marketplace GMV grew by 83% year-over-year, while Marketplace Units increased by 9%. The Adjusted EBITDA loss was $18 million.
- Revenue of $103 million, an increase of 49% year over year.
- Marketplace and Service revenue of $88 million, an increase of 51% year over year.
- Marketplace GMV of $2.4 billion, an increase of approximately 83% year over year.
- Marketplace Units of 140,125, an increase of 9% year over year.
Headline financials
Revenue & EPS history
ACV Auctions · Revenue · Quarterly
$103M
Revenue by segment
ACV Auctions · $103M total across 2 segments · Q1 2022
- Marketplace and Service$88.3M+51.3%85.7%
- Customer Assurance$14.7M+37.6%14.3%
Forward guidance
ACV expects Q2 2022 revenue of $109 to $112 million and Adjusted EBITDA loss of $16 to $17 million. For the full year 2022, revenue is expected to be $452 to $460 million and Adjusted EBITDA loss of $53 to $57 million.
Tailwinds
- Total revenue of $109 to $112 million, an increase of 12% to 15% year over year
- Believes they have multiple levers in business model
- Multiple paths to achieve 2022 revenue guidance.
Headwinds
- Adjusted EBITDA loss of $16 to $17 million
- GAAP net loss of $30 to $31 million
- Non-GAAP net loss of $18 to $19 million
- Adjusted EBITDA loss of $53 to $57 million
- GAAP net loss of $116 to $120 million
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2022
+3.7%
Avg return
Earnings day
+4.4%
Avg return
5 days after
+7.2%
Avg return
30 days after
50%
11 / 22 earnings
Positive
+23.9%
Q2 2022
Best reaction
-14.9%
Q4 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -3.3% | +13.0% | +4.8% | |
| Q4 2025 | -14.9% | -14.4% | -23.8% | |
| Q3 2025 | +6.7% | +7.9% | +60.1% | |
| Q1 2025 | +4.4% | +7.7% | +5.3% | |
| Q4 2024 | -10.0% | -20.3% | -25.9% | |
| Q3 2024 | +5.2% | +8.2% | +16.7% | |
| Q2 2024 | +19.6% | +17.4% | +20.3% | |
| Q1 2024 | -1.6% | -2.0% | +0.4% | |
| Q4 2023 | +16.9% | +16.7% | +36.4% | |
| Q3 2023 | -3.7% | -4.6% | -1.7% | |
| Q2 2023 | +0.7% | -4.0% | +0.4% | |
| Q1 2023 | +22.5% | +26.5% | +31.0% | |
| Q4 2022 | +20.5% | +15.9% | +18.5% | |
| Q3 2022 | +19.1% | +23.2% | +26.5% | |
| Q2 2022 | +23.9% | +23.8% | +35.2% | |
| Q1 2022 | -7.1% | -4.5% | -18.1% | |
| Q4 2021 | +11.6% | +12.7% | +27.8% | |
| Q3 2020 | -4.2% | +3.3% | -0.7% | |
| Q3 2021 | -4.2% | +3.3% | -0.7% | |
| Q2 2021 | -8.6% | -11.9% | -16.9% | |
| Q4 2020 | -5.5% | -10.3% | -19.3% | |
| Q1 2021 | -5.5% | -10.3% | -19.3% | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — | |
| Q4 2019 | — | — | — | |
| Q3 2019 | — | — | — | |
| Q2 2019 | — | — | — | |
| Q1 2019 | — | — | — |
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