Porch Group, Inc. financial data

Symbol
PRCH on Nasdaq
Industry
Services-Prepackaged Software
Location
411 1 St Avenue S., Suite 501, Seattle, WA
Fiscal year end
December 31
Former names
PropTech Acquisition Corp (to 12/21/2020)
Latest financial report
10-Q - Q2 2024 - Aug 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 105 % -9.03%
Debt-to-equity -1.76K % -188%
Return On Equity 157 %
Return On Assets -9.48 % +59.4%
Operating Margin -96.1 % -162%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 119M shares +20.7%
Common Stock, Shares, Outstanding 105M shares +6.45%
Entity Public Float 109M USD -47.6%
Common Stock, Value, Issued 10K USD 0%
Weighted Average Number of Shares Outstanding, Basic 99.2M shares +3.62%
Weighted Average Number of Shares Outstanding, Diluted 99.2M shares +3.62%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 111M USD +12.2%
Revenue from Contract with Customer, Excluding Assessed Tax 328M USD +31.7%
Cost of Revenue 255M USD +37.4%
Selling and Marketing Expense 144M USD +14.6%
General and Administrative Expense 105M USD +0.89%
Costs and Expenses 550M USD -14.4%
Operating Income (Loss) -79.6M USD +74.7%
Nonoperating Income (Expense) -4.78M USD -107%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -84.3M USD +65.6%
Income Tax Expense (Benefit) 1.57M USD +234%
Net Income (Loss) Attributable to Parent -85.9M USD +65%
Earnings Per Share, Basic -0.86 USD/shares +66.1%
Earnings Per Share, Diluted -0.86 USD/shares +66.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 274M USD +3.27%
Accounts Receivable, after Allowance for Credit Loss, Current 21.4M USD -13.3%
Assets, Current 480M USD -27%
Property, Plant and Equipment, Net 19.3M USD +30.5%
Operating Lease, Right-of-Use Asset 3.21M USD -23.6%
Intangible Assets, Net (Excluding Goodwill) 77.8M USD -19.7%
Goodwill 192M USD 0%
Other Assets, Noncurrent 5.58M USD +177%
Assets 876M USD -16.3%
Accounts Payable, Current 3.13M USD -66.4%
Contract with Customer, Liability, Current 223M USD -13%
Liabilities, Current 487M USD -19.4%
Operating Lease, Liability, Noncurrent 1.63M USD -35.7%
Other Liabilities, Noncurrent 54.5M USD +129%
Liabilities 978M USD -9.77%
Accumulated Other Comprehensive Income (Loss), Net of Tax -4.9M USD +19.4%
Retained Earnings (Accumulated Deficit) -800M USD -12%
Stockholders' Equity Attributable to Parent -102M USD -177%
Liabilities and Equity 876M USD -16.3%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 8.47M USD
Net Cash Provided by (Used in) Financing Activities -2.5M USD +65.6%
Net Cash Provided by (Used in) Investing Activities 12.7M USD
Common Stock, Shares Authorized 400M shares 0%
Common Stock, Shares, Issued 105M shares +6.45%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 18.7M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 285M USD -6.39%
Interest Paid, Excluding Capitalized Interest, Operating Activities 969K USD -46%
Deferred Tax Assets, Valuation Allowance 141M USD +19.5%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure
Operating Lease, Liability 3.3M USD -24.1%
Payments to Acquire Property, Plant, and Equipment 41K USD -88.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -84.7M USD +65.7%
Lessee, Operating Lease, Liability, to be Paid 3.64M USD -25%
Property, Plant and Equipment, Gross 39.6M USD +27%
Operating Lease, Liability, Current 1.67M USD -7.79%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.01M USD -33.5%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.87M USD -10.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.09 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 344K USD -32.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 528K USD -37.7%
Deferred Tax Assets, Operating Loss Carryforwards 102M USD +1.11%
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 174K USD -52.6%
Additional Paid in Capital 703M USD +2.87%
Amortization of Intangible Assets 19M USD -16.3%
Depreciation, Depletion and Amortization 24.7M USD -9.37%
Deferred Tax Assets, Net of Valuation Allowance 18.6M USD -72.1%
Share-based Payment Arrangement, Expense 19.9M USD -19.8%
Interest Expense 40.4M USD +377%