PRCH
Income statement / Annual
Last year (2023), Porch Group, Inc.'s total revenue was $430.30 M,
an increase of 55.94% from the previous year.
In 2023, Porch Group, Inc.'s net income was -$133.93 M.
See Porch Group, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
| Operating Revenue |
$430.30 M
|
$275.95 M
|
$192.43 M
|
$73.22 M
|
$77.60 M
|
$54.14 M
|
| Cost of Revenue |
$220.24 M |
$107.58 M |
$55.28 M |
$17.56 M |
$21.50 M |
$15.34 M |
| Gross Profit |
$210.06 M |
$168.37 M |
$137.15 M |
$55.65 M |
$56.10 M |
$38.80 M |
| Gross Profit Ratio |
0.49 |
0.61 |
0.71 |
0.76 |
0.72 |
0.72 |
| Research and Development
Expenses |
$58.50 M
|
$59.57 M
|
$47.01 M
|
$28.30 M
|
$30.99 M
|
$24.17 M
|
| General & Administrative
Expenses |
$103.19 M
|
$110.62 M
|
$91.71 M
|
$28.39 M
|
$52.01 M
|
$22.52 M
|
| Selling & Marketing
Expenses |
$144.31 M
|
$113.85 M
|
$84.27 M
|
$41.77 M
|
$56.22 M
|
$41.36 M
|
| Selling, General &
Administrative Expenses |
$240.59 M
|
$224.47 M
|
$175.98 M
|
$70.16 M
|
$108.23 M
|
$63.88 M
|
| Other Expenses |
-$2,000.00 |
$571,000.00 |
$340,000.00 |
$2.79 M |
-$5.39 M |
$0.00 |
| Operating Expenses |
$299.09 M |
$284.03 M |
$222.99 M |
$98.45 M |
$139.22 M |
$85.57 M |
| Cost And Expenses |
$519.34 M |
$391.61 M |
$278.27 M |
$116.02 M |
$160.72 M |
$100.91 M |
| Interest Income |
$12.32 M |
$717,000.00 |
$768,000.00 |
$14.73 M |
$238,705.00 |
$3.71 M |
| Interest Expense |
$31.83 M |
$8.72 M |
$5.76 M |
$14.73 M |
$7.13 M |
$0.00 |
| Depreciation &
Amortization |
$24.42 M
|
$30.05 M
|
$16.70 M
|
$6.64 M
|
$7.38 M
|
$5.46 M
|
| EBITDA |
-$64.62 M
|
-$85.04 M
|
-$67.25 M
|
-$33.36 M
|
-$81.15 M
|
-$43.80 M
|
| EBITDA Ratio |
-0.15 |
-0.31 |
-0.35 |
-0.46 |
-1.05 |
-0.81 |
| Operating Income Ratio
|
-0.21
|
-0.42
|
-0.45
|
-0.58
|
-1.07
|
-0.91
|
| Total Other
Income/Expenses Net |
-$44.28 M
|
-$40.06 M
|
-$33.51 M
|
-$10.50 M
|
-$20.10 M
|
-$1.22 M
|
| Income Before Tax |
-$133.31 M |
-$155.72 M |
-$119.35 M |
-$53.30 M |
-$103.22 M |
-$50.48 M |
| Income Before Tax Ratio
|
-0.31
|
-0.56
|
-0.62
|
-0.73
|
-1.33
|
-0.93
|
| Income Tax Expense |
$622,000.00 |
$842,000.00 |
-$10.27 M |
-$1.69 M |
$96,000.00 |
$558,000.00 |
| Net Income |
-$133.93 M |
-$156.56 M |
-$109.08 M |
-$51.61 M |
-$103.32 M |
-$49.92 M |
| Net Income Ratio |
-0.31 |
-0.57 |
-0.57 |
-0.7 |
-1.33 |
-0.92 |
| EPS |
-1.39 |
-1.61 |
-1.16 |
-1.42 |
-4.79 |
-2.59 |
| EPS Diluted |
-1.39 |
-1.61 |
-1.16 |
-1.42 |
-4.79 |
-2.59 |
| Weighted Average Shares
Out |
$96.06 M
|
$97.35 M
|
$93.88 M
|
$36.34 M
|
$21.56 M
|
$19.27 M
|
| Weighted Average Shares
Out Diluted |
$96.06 M
|
$97.35 M
|
$93.88 M
|
$36.37 M
|
$21.56 M
|
$19.28 M
|
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