ACV Auctions : Presentation PDF FY 2024

Published: 2025-02-19 16:14:16 ET ACVA

Q4-24 EARNINGS PRESENTATION

FEB_19_2025

01

HIGHLIGHTS

George Chamoun

CHIEF EXECUTIVE OFFICER

Q4-24_EARNINGS

FEB_19_2025

HIGHLIGHTS

Q4-23

$118M

21%

$1.8B

144K

Revenue

YoY Revenue

Growth

GMV

Marketplace

Units

Q4-24 2023

$160M$481M

35%14%

$2.3B$8.8B

183K599K

Revenue

YoY Revenue

Growth

GMV

Marketplace

Units

2024

$637M

32%

$9.5B

743K

4

MAXIMIZING LONG-TERM SHAREHOLDER VALUE

GROWTH

Transforming the automotive market with the leading digitally native, data- driven platform, creating the most trusted and efficient marketplace in the industry.

INNOVATION

Leveraging technology to extend

ACV's competitive moat and to create

additional growth vectors with an

expanding suite of innovative products

and data services.

SCALE

Proven business model delivering growth at scale with attractive unit economics and long-term operating leverage.

5

02

GROWTH

Q4-24_EARNINGS

FEB_19_2025

GROWTH

Market Backdrop

New-vehicle retail sales increased 2% YoY in 2024 with Q4-24 retail sales increasing 7%, reflecting normalized inventory levels and increased OEMs incentives

Used-vehicle retail sales declined modestly YoY in 2024 and in Q4-24, as demand continued to be pressured by ongoing consumer affordability headwinds

With used-vehicle inventories ~25% below normal and off-lease returns still bottoming, the "Trade-to-Wholesale" mix remains well-below historical levels as dealers retain trades for retail inventory

These dynamics resulted in ~flat Dealer wholesale volumes in 2024

Source: Bureau of Economic Analysis, NAAA, NADA, Company reports

7

GROWTH

ACV Transportation

>30% full-year revenue growth with 410K transports

95% lane coverage with AI-optimized pricing

Record revenue margin with >300 bps of YoY expansion in 2024

Off-platform transportation services gained further traction

85%+

AUTO

DISPATCHED

8

GROWTH

ACV Capital

~26%

Strong revenue growth

YOY REVENUE

GROWTH<1%

Managing risk

CREDIT LOSS PROVISION

% OF A/R

Expanding value-added offerings

Product

Expansion

Note: Revenue growth refers to 2024 vs. 2023: Credit loss provision % of A/R refers to Q4'24

9

03

INNOVATION

Q4-24_EARNINGS

FEB_19_2025

Disclaimer

ACV Auctions Inc. published this content on February 19, 2025, and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on February 19, 2025 at 21:13:32.529.