Name | Value |
---|---|
Revenues | 119.6M |
Cost of Revenue | 59.7M |
Gross Profit | 59.9M |
Operating Expense | 80.7M |
Operating I/L | -20.8M |
Other Income/Expense | 3.0M |
Interest Income | 3.3M |
Pretax | -17.9M |
Income Tax Expense | 0.3M |
Net Income/Loss | -18.2M |
ACV Auctions Inc. operates a digital marketplace facilitating online wholesale vehicle auctions, connecting buyers and sellers. The company generates revenue through transaction fees from vehicle sales and offers data services providing insights into the condition and value of used vehicles. Additionally, it provides customer financing services, further contributing to its revenue stream.