ACV Auctions Inc
For the period ended May 28, 2025. Filed Apr 17, 2025.
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May 28, 2025 · Filed Apr 17, 2025
ACVA$10.500.0%Stored close · as of Oct 15, 2026
Contents
Appendix A
The following table presents a reconciliation of Adjusted EBITDA to net loss, the most directly comparable financial measure stated in accordance with GAAP, for the periods presented:
| YEAR ENDED DECEMBER 31, | ||||
|---|---|---|---|---|
| (IN THOUSANDS) | ||||
| 2024 | 2023 | 2022 | 2021 | |
| Adjusted EBITDA Reconciliation | ||||
| Net loss | $(79,700) | $(75,261) | $(102,193) | $(78,182) |
| Depreciation and amortization | $36,807 | $19,285 | $11,378 | $8,753 |
| Stock-based compensation | $68,010 | $49,648 | $39,324 | $23,692 |
| Interest (income) expense | $(5,093) | $(14,942) | $(4,103) | $653 |
| Provision for income taxes | $688 | $526 | $87 | $724 |
| Acquisition-related costs | $3,966 | $1,237 | — | — |
| Litigation-related costs | $1,553 | $— | $— | $— |
| Other | $1,905 | $1,298 | $(925) | $223 |
| Adjusted EBITDA | $28,136 | $(18,209) | $(56,432) | $(44,137) |
| 2025 PROXY STATEMENT | 45 |
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