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Dec 31, 2021
ACV Auctions Q4 2021 Earnings Report
ACV Auctions achieved $100 million in quarterly revenue, exceeding expectations, driven by market share gains and adoption of value-added services.
Key Takeaways
ACV Auctions reported strong Q4 2021 results, achieving $100.2 million in revenue, an 86% increase year-over-year. The company reached nationwide coverage and launched new offerings, positioning it for long-term growth.
Revenue of $100.2 million, an increase of 86% year over year.
Marketplace and Service revenue of $86.7 million, an increase of 98% year over year.
Marketplace GMV of $2.5 billion, an increase of approximately 170% year over year.
Marketplace Units of 138,565, an increase of 35% year over year.
ACV Auctions
ACV Auctions
ACV Auctions Revenue by Segment
Revenue by Segment
Marketplace and Service Revenue
CapyFin.comCustomer Assurance Revenue
CapyFin.com Forward Guidance
ACV expects 2022 revenue of $450 million to $460 million, representing growth of 26% to 28% year-over-year. The company anticipates an Adjusted EBITDA loss of $53 million to $57 million for 2022.
Positive Outlook
- Total revenue of $100 to $102 million, an increase of 45% to 48% year over year
Challenges Ahead
- Adjusted EBITDA loss of $17 to $18 million
- Ongoing automotive supply chain issues have made it challenging to predict both used-vehicle values and vehicle trade volumes
Revenue & Expenses
Visualization of income flow from segment revenue to net income