ACV Auctions Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $-66.1M | $-79.7M | $-75.3M | $-102.2M | $-78.2M | $-41.0M | $-77.2M |
| Depreciation & Amortization | $43.7M | $36.8M | $19.3M | $11.4M | $8.8M | $7.2M | $1.8M |
| Depreciation | $3.9M | $3.5M | $3.4M | $2.5M | $2.3M | $1.7M | $800.0K |
| Amortization | — | — | $10.1M | $3.6M | $2.0M | $1.4M | $400.0K |
| Stock-Based Compensation | $56.9M | $68.0M | $49.6M | $39.3M | $23.2M | $5.7M | $998.0K |
| Net Cash from Operating Activities | $78.2M | $65.4M | $-17.9M | $-75.2M | $85.3M | $10.4M | $-72.5M |
| Investing Activities | |||||||
| Capital Expenditures | $9.1M | $4.5M | $2.3M | $3.2M | $2.6M | $3.5M | $3.4M |
| Business Acquisitions | $0 | $156.5M | $29.6M | $18.9M | $64.5M | $5.5M | $14.8M |
| Net Cash from Investing Activities | $-74.1M | $-15.9M | $-111.0M | $-283.0M | $-129.3M | $-19.7M | $-24.7M |
| Financing Activities | |||||||
| Dividends Paid | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $43.0M | $-7.9M | $30.6M | $72.9M | $376.2M | $60.8M | $161.5M |
| Net Change in Cash | $47.4M | $41.5M | $-98.2M | $-285.2M | $332.3M | $51.5M | $64.4M |
| Free Cash Flow | $69.1M | $60.9M | $-20.2M | $-78.4M | $82.7M | $6.9M | $-75.8M |