ACV Auctions Inc - Class A logo

ACVA

ACV Auctions Inc - Class A

$8.43

Earnings Summary

Revenue
$103.07Mn
Net Profits
$-29.5Mn
Net Profit Margins
-28.62%

Highlights

Revenue:

ACV Auctions Inc - Class A’s revenue jumped 49.18% since last year same period to $103.07Mn in the Q1 2022. On a quarterly growth basis, ACV Auctions Inc - Class A has generated 2.88% jump in its revenue since last 3-months.

Net Profits:

ACV Auctions Inc - Class A’s net profit fell -69.76% since last year same period to $-29.5Mn in the Q1 2022. On a quarterly growth basis, ACV Auctions Inc - Class A has generated -12.1% fall in its net profits since last 3-months.

Net Profit Margins:

ACV Auctions Inc - Class A’s net profit margin fell -13.79% since last year same period to -28.62% in the Q1 2022. On a quarterly growth basis, ACV Auctions Inc - Class A has generated -8.96% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the ACV Auctions Inc - Class A post its latest quarter earnings

EPS Estimate Current Quarter
-0.18
EPS Estimate Current Year
-0.18

Highlights

EPS Estimate Current Quarter:

ACV Auctions Inc - Class A’s earning per share (EPS) estimates for the current quarter stand at -0.18 - a -12.5% fall from last quarter’s estimates.

EPS Estimate Current Year:

ACV Auctions Inc - Class A’s earning per share (EPS) estimates for the current year stand at -0.18.

Key Ratios

Key ratios of the ACV Auctions Inc - Class A post its Q1 2022 earnings

Earning Per Share (EPS)
-0.19
Return on Assets (ROA)
-0.07
Return on Equity (ROE)
-0.19
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

ACV Auctions Inc - Class A’s earning per share (EPS) jumped 62.75% since last year same period to -0.19 in the Q1 2022. This indicates that the ACV Auctions Inc - Class A has generated 62.75% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. ACV Auctions Inc - Class A’s return on assets (ROA) stands at -0.07.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. ACV Auctions Inc - Class A’s return on equity (ROE) stands at -0.19.

Dividend Per Share (DPS):

ACV Auctions Inc - Class A declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-11
-0.16
-0.19
-18.75%

Company Information

ACV leverages data and technology to power its digital marketplace and data services, enabling its dealers and commercial partners to buy, sell, and value vehicles with confidence and efficiency. Its digital marketplace offerings include its core auction offering and value-added services, ACV Transportation, ACV Capital, and its Go Green assurance. Its data services provide insights into the condition and value of used vehicles for transactions both on and off its marketplace. Its core data and technology platform includes inspection, vehicle intelligence, marketplace enablement, and operations automation.

Organisation
ACV Auctions Inc - Class A
Employees
1.47K