NYSE$ACVA

ACV Auctions Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

ACV Auctions reported its Q4 2024 earnings, with revenue surpassing guidance and improved adjusted EBITDA.

ACV Auctions delivered strong Q4 2024 results with revenue growing 35% YoY to $160 million. Adjusted EBITDA improved to $6 million, compared to a loss in the previous year. GAAP net income remained negative at -$26 million, while non-GAAP net income improved to -$1 million. The company anticipates continued revenue and margin growth in 2025.

  • Revenue increased 35% YoY to $160 million.
  • Adjusted EBITDA turned positive at $6 million, from a loss of $5 million last year.
  • GAAP net loss widened slightly to $26 million.
  • Strong marketplace unit growth of 27% YoY.

Headline financials

Total Revenue

$160M

Previous: $118M+35.2%
EPS (adj)

-$0.01

Previous: -$0.14+92.9%
Adjusted EBITDA

$5.62M

Previous: -$5M+212.3%
Marketplace GMV

$2.25B

Previous: $1.8B+25.3%
Marketplace Units

183.6K

Previous: 144.0K+27.5%
Net Income

-$26.1M

Previous: -$23.2M-12.5%
Operating Income

-$25.8M

Previous: -$26.8M+3.6%

Revenue & EPS history

ACV Auctions · Revenue · Quarterly

$160M

Q4 2024+35.2%vs Q4 2023
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Revenue by segment

ACV Auctions · $119M total across 2 segments · Q3 2023

  • Marketplace and Service
    $105M+15.1%
  • Customer Assurance
    $14.5M-0.6%

Forward guidance

ACV expects strong revenue growth of 20-23% in 2025, with improved profitability and adjusted EBITDA expansion.

Tailwinds

  • 2025 revenue projected to grow 20-23% YoY.
  • Adjusted EBITDA expected to rise 131-167% YoY.
  • Non-GAAP net income projected to be between $32M and $42M.
  • Market share gains and business model scalability expected.
  • Continued investment in dealer and commercial solutions.

Headwinds

  • GAAP net loss projected to remain between $52M and $62M.
  • Dealer wholesale market expected to be flat in 2025.
  • Stock-based compensation expected to remain high at $76M.
  • Expected intangible amortization costs of $10M.
  • Potential impact of seasonal fluctuations on wholesale pricing.

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 Q4 2024

Historical avgQ4 2024

+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

Earnings price reactions
QuarterReport dateReaction (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

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro