Filing Flows › ACV Auctions (ACVA) › Q4 2024
ACV Auctions (ACVA) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Feb 19, 2025
ACV Auctions (ACVA) reported revenue of $160M for the fourth quarter 2024 (Q4 2024), +35% from a year earlier and -7% from the quarter before. Operating margin was -16.2%, net loss $26.1M (16.4% of revenue).
ACV Auctions, Q4 2024: revenue $160M (+35% year over year), operating margin -16.2%, net loss $26.1M, operating cash flow −$3.2M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $160M | -7% | +35% |
| Operating profit | −$25.8M | — | — |
| Net earnings | −$26.1M | — | — |
| Operating cash flow | −$3.2M | — | — |
What changed
Revenue was $159.5M in Q4 2024, up 35% year over year and down 7% from the previous quarter. Auction marketplace revenue was the largest line at 47% of revenue.
Operating costs exceeded revenue by $25.8M, an operating margin of -16.2%. Total costs grew 28% against revenue growth of 35%. The fastest-growing cost line was SG&A (+32%). The quarter ended with a net loss of $26.1M, wider than the previous quarter's $16.0M loss.
Operating cash flow was −$3.2M. Non-cash charges added back $10.4M of depreciation and amortization and $20.0M of share-based compensation. Working capital and other items used $7.4M. Capital expenditures of $705K exceeded it, leaving free cash flow of −$3.9M.
Questions
What was ACV Auctions' revenue in the fourth quarter 2024?
ACV Auctions (ACVA) reported revenue of $160M for the fourth quarter 2024 (Q4 2024), +35% from a year earlier and -7% from the quarter before.
Was ACV Auctions profitable in the fourth quarter 2024?
Operating loss was $25.8M (-16.2% of revenue) and net loss $26.1M.
Source: ACV Auctions 10-K on SEC EDGAR.