Porch Group Key Executives
This section highlights Porch Group's key executives, including their titles and compensation details.
Find Contacts at Porch Group
(Showing 0 of )
Porch Group Earnings
This section highlights Porch Group's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
---|---|---|---|---|---|
Read Transcript | Q4 | 2024 | 2025-02-25 | $0.06 | $0.15 |
Read Transcript | Q3 | 2024 | 2024-11-09 | N/A | N/A |
Read Transcript | Q2 | 2024 | 2024-08-06 | $-0.58 | $-0.65 |
Read Transcript | Q1 | 2024 | 2024-05-08 | $-0.33 | $-0.21 |
Read Transcript | Q4 | 2023 | 2024-03-08 | N/A | N/A |
Read Transcript | Q3 | 2023 | 2023-11-07 | $-0.24 | $-0.12 |
Read Transcript | Q2 | 2023 | 2023-08-09 | N/A | N/A |
Read Transcript | Q1 | 2023 | 2023-05-11 | N/A | N/A |
Financial Statements
Access annual & quarterly financial statements for Porch Group, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
---|---|---|---|---|---|
Revenue | $437.85M | $430.30M | $275.95M | $192.43M | $73.22M |
Cost of Revenue | $225.63M | $220.24M | $107.58M | $55.28M | $17.56M |
Gross Profit | $212.22M | $210.06M | $168.37M | $137.15M | $55.65M |
Gross Profit Ratio | 48.47% | 48.82% | 61.02% | 71.27% | 76.01% |
Research and Development Expenses | $- | $58.50M | $59.56M | $47.01M | $28.30M |
General and Administrative Expenses | $98.41M | $103.19M | $110.62M | $91.71M | $28.39M |
Selling and Marketing Expenses | $122.87M | $144.31M | $113.85M | $84.27M | $41.77M |
Selling General and Administrative Expenses | $221.28M | $247.50M | $224.47M | $175.98M | $70.16M |
Other Expenses | $55.51M | $- | $571.00K | $340.00K | $2.79M |
Operating Expenses | $276.79M | $323.72M | $284.03M | $222.99M | $98.45M |
Cost and Expenses | $502.42M | $543.97M | $391.61M | $278.27M | $116.02M |
Interest Income | $1.75M | $3.90M | $717.00K | $768.00K | $14.73M |
Interest Expense | $42.54M | $31.83M | $8.72M | $5.76M | $14.73M |
Depreciation and Amortization | $25.52M | $24.41M | $30.05M | $16.70M | $6.64M |
EBITDA | $37.35M | $-77.07M | $-116.95M | $-94.42M | $-34.34M |
EBITDA Ratio | 8.53% | -17.91% | -42.38% | -49.07% | -46.91% |
Operating Income | $-64.57M | $-138.43M | $-115.66M | $-85.84M | $-42.80M |
Operating Income Ratio | -14.75% | -32.17% | -41.91% | -44.61% | -58.46% |
Total Other Income Expenses Net | $33.86M | $5.12M | $-40.06M | $-33.51M | $-13.49M |
Income Before Tax | $-30.71M | $-133.31M | $-155.72M | $-119.35M | $-53.30M |
Income Before Tax Ratio | -7.01% | -30.98% | -56.43% | -62.02% | -72.80% |
Income Tax Expense | $2.12M | $622.00K | $842.00K | $-10.27M | $-1.69M |
Net Income | $-32.83M | $-133.93M | $-156.56M | $-109.08M | $-51.61M |
Net Income Ratio | -7.50% | -31.13% | -56.73% | -56.68% | -70.49% |
EPS | $-0.33 | $-1.39 | $-1.61 | $-1.16 | $-1.42 |
EPS Diluted | $-0.33 | $-1.39 | $-1.61 | $-1.16 | $-1.42 |
Weighted Average Shares Outstanding | 99.58M | 96.06M | 97.35M | 93.88M | 36.34M |
Weighted Average Shares Outstanding Diluted | 99.58M | 96.06M | 97.35M | 93.88M | 36.37M |
SEC Filing | Source | Source | Source | Source | Source |
Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | $100.36M | $111.20M | $110.84M | $115.44M | $114.61M | $129.56M | $98.77M | $87.37M | $64.11M | $77.35M | $70.77M | $62.56M | $51.58M | $62.77M | $51.34M | $26.74M | $19.51M | $21.51M | $17.12M | $15.07M |
Cost of Revenue | $11.06M | $47.08M | $101.65M | $89.04M | $34.68M | $52.96M | $81.33M | $51.27M | $20.17M | $32.94M | $28.56M | $21.19M | $10.70M | $19.16M | $19.50M | $5.93M | $4.31M | $5.36M | $3.79M | $4.10M |
Gross Profit | $89.30M | $64.12M | $9.20M | $26.40M | $79.94M | $76.59M | $17.43M | $36.09M | $43.94M | $44.41M | $42.21M | $41.37M | $40.88M | $43.61M | $31.84M | $20.81M | $15.20M | $16.15M | $13.33M | $10.97M |
Gross Profit Ratio | 88.98% | 57.67% | 8.30% | 22.87% | 69.74% | 59.12% | 17.65% | 41.31% | 68.54% | 57.42% | 59.65% | 66.13% | 79.26% | 69.48% | 62.02% | 77.83% | 77.91% | 75.07% | 77.85% | 72.81% |
Research and Development Expenses | $- | $- | $14.73M | $13.92M | $14.61M | $14.45M | $15.49M | $13.95M | $15.12M | $14.44M | $15.78M | $14.23M | $12.85M | $11.32M | $11.05M | $11.79M | $10.17M | $5.70M | $5.07M | $7.35M |
General and Administrative Expenses | $22.90M | $24.88M | $24.37M | $26.40M | $25.93M | $28.66M | $22.78M | $26.07M | $30.26M | $25.26M | $28.41M | $26.70M | $25.25M | $22.03M | $20.61M | $24.02M | $12.85M | $5.49M | $5.89M | $4.16M |
Selling and Marketing Expenses | $28.50M | $27.23M | $33.20M | $33.95M | $36.95M | $40.13M | $34.64M | $32.59M | $28.03M | $30.58M | $28.83M | $25.74M | $23.64M | $22.87M | $23.12M | $14.64M | $11.32M | $8.80M | $8.79M | $12.85M |
Selling General and Administrative Expenses | $51.40M | $52.11M | $46.36M | $45.94M | $44.97M | $68.79M | $57.42M | $58.65M | $58.29M | $55.84M | $57.23M | $52.44M | $48.88M | $44.91M | $43.73M | $38.65M | $24.17M | $14.29M | $14.68M | $17.01M |
Other Expenses | $12.82M | $14.52M | $1.20M | $-12.00K | $-3.53M | $1.19M | $1.58M | $762.00K | $608.00K | $69.00K | $-162.00K | $56.00K | $115.00K | $316.00K | $-165.00K | $83.00K | $463.00K | $633.00K | $-921.00K | $-548.00K |
Operating Expenses | $64.22M | $66.63M | $61.09M | $59.86M | $59.58M | $76.40M | $121.63M | $72.60M | $73.41M | $70.27M | $73.01M | $66.67M | $61.73M | $56.23M | $54.78M | $50.44M | $34.35M | $19.99M | $19.75M | $24.36M |
Cost and Expenses | $75.28M | $113.70M | $162.74M | $148.90M | $94.25M | $129.36M | $202.96M | $123.88M | $93.58M | $103.21M | $101.57M | $87.86M | $72.43M | $75.38M | $74.28M | $56.37M | $38.66M | $25.36M | $23.54M | $28.46M |
Interest Income | $461.00K | $492.00K | $360.00K | $434.00K | $3.81M | $2.52M | $1.28M | $825.00K | $582.00K | $384.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Interest Expense | $10.78M | $10.64M | $10.33M | $10.79M | $10.60M | $10.27M | $8.78M | $2.19M | $2.22M | $2.15M | $1.86M | $2.29M | $1.46M | $1.86M | $1.22M | $1.22M | $4.41M | $3.95M | $3.29M | $3.09M |
Depreciation and Amortization | $6.95M | $6.05M | $20.90M | $24.22M | $5.91M | $6.30M | $6.10M | $6.49M | $6.85M | $9.69M | $6.44M | $6.48M | $5.91M | $4.43M | $3.89M | $2.46M | $1.62M | $1.64M | $1.60M | $1.79M |
EBITDA | $49.64M | $30.89M | $-47.11M | $21.82M | $14.61M | $10.94M | $-72.06M | $-30.17M | $-25.83M | $-74.64M | $-17.61M | $2.80M | $-15.56M | $-647.00K | $-18.92M | $-61.77M | $-17.38M | $-3.14M | $-233.47K | $-11.68M |
EBITDA Ratio | 49.46% | 27.78% | -42.50% | 18.90% | 12.75% | 8.44% | -72.96% | -34.54% | -40.29% | -96.49% | -24.89% | 4.48% | -30.17% | -1.03% | -36.85% | -230.97% | -89.09% | -14.62% | -1.36% | -77.46% |
Operating Income | $25.08M | $-2.50M | $-51.90M | $-33.46M | $20.36M | $199.00K | $-159.41M | $-36.51M | $-29.47M | $-25.86M | $-30.80M | $-25.30M | $-20.85M | $-12.61M | $-22.94M | $-29.63M | $-19.14M | $-3.85M | $-4.98M | $-13.39M |
Operating Income Ratio | 24.99% | -2.25% | -46.82% | -28.98% | 17.76% | 0.15% | -161.40% | -41.78% | -45.96% | -33.43% | -43.52% | -40.44% | -40.41% | -20.10% | -44.69% | -110.80% | -98.11% | -17.89% | -29.08% | -88.80% |
Total Other Income Expenses Net | $6.83M | $16.70M | $-11.16M | $20.28M | $-9.28M | $-5.83M | $72.47M | $-323.00K | $-1.10M | $-58.64M | $4.89M | $19.33M | $-2.29M | $5.68M | $-1.08M | $-35.82M | $-778.00K | $-5.07M | $-1.31M | $-4.88M |
Income Before Tax | $31.91M | $14.20M | $-63.63M | $-13.18M | $-1.90M | $-5.63M | $-86.93M | $-38.85M | $-34.90M | $-84.50M | $-25.91M | $-5.97M | $-22.94M | $-6.93M | $-24.03M | $-65.45M | $-19.79M | $-8.91M | $-6.25M | $-18.35M |
Income Before Tax Ratio | 31.79% | 12.77% | -57.41% | -11.42% | -1.66% | -4.34% | -88.02% | -44.47% | -54.44% | -109.24% | -36.61% | -9.55% | -44.47% | -11.05% | -46.80% | -244.75% | -101.39% | -41.45% | -36.53% | -121.71% |
Income Tax Expense | $1.43M | $-183.00K | $688.00K | $178.00K | $588.00K | $116.00K | $29.00K | $-111.00K | $574.00K | $-23.00K | $468.00K | $-177.00K | $-356.00K | $-1.84M | $-7.73M | $-350.00K | $-1.72M | $9.00K | $3.00K | $21.00K |
Net Income | $30.47M | $14.38M | $-64.32M | $-13.36M | $-2.49M | $-5.74M | $-86.96M | $-38.74M | $-35.47M | $-84.48M | $-26.38M | $-5.80M | $-22.58M | $-5.10M | $-16.30M | $-65.10M | $-18.06M | $-8.92M | $-6.26M | $-18.37M |
Net Income Ratio | 30.36% | 12.93% | -58.03% | -11.57% | -2.17% | -4.43% | -88.05% | -44.34% | -55.33% | -109.21% | -37.27% | -9.26% | -43.78% | -8.12% | -31.74% | -243.44% | -92.56% | -41.49% | -36.55% | -121.85% |
EPS | $0.31 | $0.14 | $-0.65 | $-0.14 | $-0.03 | $-0.06 | $-0.91 | $-0.41 | $-0.36 | $-0.86 | $-0.27 | $-0.06 | $-0.23 | $-0.05 | $-0.17 | $-0.76 | $-0.22 | $-0.11 | $-0.08 | $-0.23 |
EPS Diluted | $0.31 | $0.14 | $-0.65 | $-0.14 | $-0.03 | $-0.06 | $-0.91 | $-0.41 | $-0.36 | $-0.86 | $-0.27 | $-0.06 | $-0.23 | $-0.05 | $-0.17 | $-0.76 | $-0.22 | $-0.11 | $-0.08 | $-0.23 |
Weighted Average Shares Outstanding | 99.58M | 99.19M | 99.19M | 97.51M | 96.90M | 96.37M | 95.73M | 95.21M | 97.79M | 97.79M | 97.14M | 96.07M | 97.86M | 96.84M | 95.22M | 85.33M | 81.48M | 81.48M | 81.48M | 81.48M |
Weighted Average Shares Outstanding Diluted | 99.58M | 99.19M | 99.19M | 97.51M | 96.90M | 96.37M | 95.73M | 95.21M | 97.79M | 97.79M | 97.14M | 96.07M | 98.59M | 97.55M | 95.22M | 85.33M | 81.48M | 81.48M | 81.48M | 81.48M |
SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
---|---|---|---|---|---|
Cash and Cash Equivalents | $167.64M | $258.42M | $215.06M | $315.74M | $196.05M |
Short Term Investments | $24.10M | $35.59M | $36.52M | $9.25M | $- |
Cash and Short Term Investments | $191.74M | $294.01M | $251.58M | $324.99M | $196.05M |
Net Receivables | $111.41M | $107.87M | $325.50M | $257.18M | $4.27M |
Inventory | $- | $- | $13.54M | $8.55M | $11.41M |
Other Current Assets | $61.98M | $79.20M | $33.55M | $22.89M | $4.08M |
Total Current Assets | $365.13M | $481.08M | $610.63M | $599.25M | $216.00M |
Property Plant Equipment Net | $22.54M | $20.07M | $16.44M | $11.17M | $4.59M |
Goodwill | $191.91M | $191.91M | $244.70M | $225.65M | $28.29M |
Intangible Assets | $68.75M | $87.22M | $108.25M | $129.83M | $15.96M |
Goodwill and Intangible Assets | $260.65M | $279.12M | $352.95M | $355.48M | $44.25M |
Long Term Investments | $158.65M | $103.59M | $55.12M | $58.32M | $-939.00K |
Tax Assets | $- | $- | $- | $9.17M | $939.00K |
Other Non-Current Assets | $6.99M | $15.53M | $13.91M | $1.18M | $3.74M |
Total Non-Current Assets | $448.84M | $418.31M | $438.42M | $435.33M | $52.59M |
Other Assets | $- | $- | $- | $- | $- |
Total Assets | $813.97M | $899.39M | $1.05B | $1.03B | $268.59M |
Account Payables | $4.54M | $8.76M | $6.27M | $6.96M | $9.20M |
Short Term Debt | $150.00K | $244.00K | $16.45M | $150.00K | $4.75M |
Tax Payables | $- | $- | $- | $- | $- |
Deferred Revenue | $248.67M | $248.68M | $290.83M | $219.09M | $7.53M |
Other Current Liabilities | $160.80M | $204.46M | $222.23M | $154.92M | $12.57M |
Total Current Liabilities | $414.16M | $462.15M | $515.64M | $361.42M | $31.17M |
Long Term Debt | $403.79M | $435.50M | $430.38M | $419.97M | $43.24M |
Deferred Revenue Non-Current | $- | $- | $- | $- | $529.00K |
Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $-943.00K |
Other Non-Current Liabilities | $39.25M | $37.43M | $23.68M | $38.61M | $86.10M |
Total Non-Current Liabilities | $443.04M | $472.92M | $454.06M | $458.58M | $98.01M |
Other Liabilities | $- | $- | $- | $- | $- |
Total Liabilities | $857.19M | $935.08M | $969.70M | $820.00M | $129.18M |
Preferred Stock | $- | $- | $- | $- | $- |
Common Stock | $10.00K | $10.00K | $10.00K | $10.00K | $8.00K |
Retained Earnings | $-754.86M | $-722.06M | $-585.02M | $-426.58M | $-315.08M |
Accumulated Other Comprehensive Income Loss | $-5.45M | $-3.86M | $-6.17M | $-259.00K | $- |
Other Total Stockholders Equity | $717.07M | $690.22M | $670.54M | $641.41M | $424.82M |
Total Stockholders Equity | $-43.23M | $-35.68M | $79.35M | $214.57M | $139.41M |
Total Equity | $-43.23M | $-35.68M | $79.35M | $214.57M | $139.41M |
Total Liabilities and Stockholders Equity | $813.97M | $899.39M | $1.05B | $1.03B | $268.59M |
Minority Interest | $- | $- | $- | $- | $- |
Total Liabilities and Total Equity | $813.97M | $899.39M | $1.05B | $1.03B | $268.59M |
Total Investments | $182.75M | $139.18M | $91.64M | $67.58M | $-939.00K |
Total Debt | $403.94M | $435.74M | $444.30M | $417.43M | $47.98M |
Net Debt | $236.29M | $177.32M | $229.24M | $101.69M | $-148.06M |
Balance Sheet Charts
Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash and Cash Equivalents | $167.64M | $206.73M | $285.37M | $315.89M | $297.23M | $343.01M | $265.57M | $179.36M | $215.06M | $260.20M | $271.00M | $292.37M | $315.74M | $410.22M | $150.20M | $222.95M | $196.05M | $137.00K | $3.87M | $-4.18M |
Short Term Investments | $24.10M | $31.84M | $34.15M | $31.18M | $35.59M | $28.68M | $26.15M | $34.44M | $36.52M | $7.21M | $8.16M | $8.46M | $9.25M | $10.14M | $10.15M | $- | $- | $- | $- | $8.36M |
Cash and Short Term Investments | $191.74M | $238.57M | $319.52M | $347.07M | $332.82M | $371.69M | $291.72M | $213.80M | $251.58M | $267.41M | $279.17M | $300.83M | $324.99M | $420.36M | $160.35M | $222.95M | $196.05M | $137.00K | $3.87M | $4.18M |
Net Receivables | $111.41M | $124.75M | $126.17M | $96.22M | $107.87M | $125.38M | $297.18M | $316.38M | $325.50M | $341.02M | $312.44M | $269.74M | $257.18M | $279.81M | $330.94M | $9.63M | $4.27M | $5.82M | $5.44M | $- |
Inventory | $- | $- | $- | $- | $1 | $18.71M | $39.28M | $14.80M | $13.54M | $16.30M | $10.57M | $10.16M | $8.55M | $4.61M | $2.22M | $10.44M | $11.41M | $- | $- | $- |
Other Current Assets | $61.98M | $43.55M | $18.17M | $16.67M | $13.21M | $64.69M | $68.94M | $45.63M | $20.01M | $37.46M | $33.20M | $31.25M | $22.89M | $13.25M | $9.07M | $18.30M | $4.28M | $6.34M | $1.51M | $210.37K |
Total Current Assets | $365.13M | $406.87M | $463.85M | $459.95M | $453.90M | $561.75M | $657.85M | $575.80M | $610.63M | $638.82M | $624.81M | $601.82M | $599.25M | $713.42M | $500.35M | $250.88M | $216.00M | $11.97M | $10.46M | $4.18M |
Property Plant Equipment Net | $22.54M | $21.14M | $19.28M | $17.59M | $20.07M | $15.66M | $18.47M | $17.88M | $16.44M | $15.93M | $16.04M | $12.26M | $11.17M | $7.66M | $7.89M | $5.33M | $4.59M | $4.92M | $5.55M | $- |
Goodwill | $191.91M | $191.91M | $191.91M | $191.91M | $191.91M | $191.91M | $191.91M | $247.12M | $244.70M | $251.91M | $273.83M | $226.58M | $225.65M | $170.43M | $120.96M | $50.12M | $28.29M | $19.44M | $18.11M | $- |
Intangible Assets | $68.75M | $73.27M | $77.80M | $82.50M | $87.22M | $91.95M | $96.83M | $101.75M | $108.25M | $111.73M | $136.57M | $124.31M | $129.83M | $91.65M | $84.67M | $22.71M | $15.96M | $9.49M | $7.97M | $- |
Goodwill and Intangible Assets | $260.65M | $265.18M | $269.71M | $274.41M | $279.12M | $283.86M | $288.73M | $348.87M | $352.95M | $363.63M | $410.41M | $350.88M | $355.48M | $262.08M | $205.63M | $72.83M | $44.25M | $28.93M | $26.08M | $- |
Long Term Investments | $158.65M | $165.94M | $101.41M | $103.14M | $117.02M | $86.69M | $66.58M | $58.68M | $55.12M | $55.36M | $56.23M | $56.87M | $58.32M | $58.65M | $57.24M | $4.75M | $- | $173.20M | $173.21M | $- |
Tax Assets | $- | $- | $- | $- | $- | $13.67M | $13.50M | $- | $- | $- | $- | $- | $9.17M | $7.16M | $6.14M | $-4.75M | $- | $-173.20M | $-173.21M | $- |
Other Non-Current Assets | $6.99M | $8.14M | $21.86M | $26.02M | $29.28M | $5.75M | $2.02M | $15.49M | $13.91M | $15.49M | $12.48M | $14.93M | $1.18M | $1.37M | $368.00K | $5.19M | $3.74M | $8.49M | $4.27M | $-4.18M |
Total Non-Current Assets | $448.84M | $460.39M | $412.25M | $421.16M | $445.49M | $405.63M | $389.30M | $440.91M | $438.42M | $450.41M | $495.15M | $434.94M | $435.33M | $336.91M | $277.27M | $83.36M | $52.59M | $42.35M | $35.90M | $-4.18M |
Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Assets | $813.97M | $867.26M | $876.11M | $881.11M | $899.39M | $967.38M | $1.05B | $1.02B | $1.05B | $1.09B | $1.12B | $1.04B | $1.03B | $1.05B | $777.62M | $334.24M | $268.59M | $54.32M | $46.36M | $- |
Account Payables | $4.54M | $5.14M | $3.13M | $5.25M | $8.76M | $9.05M | $9.33M | $6.20M | $6.27M | $6.72M | $7.74M | $8.02M | $6.96M | $5.53M | $4.62M | $6.38M | $9.20M | $9.59M | $7.53M | $- |
Short Term Debt | $150.00K | $150.00K | $-45.39M | $-74.94M | $244.00K | $1.65M | $5.44M | $10.39M | $16.45M | $6.28M | $150.00K | $150.00K | $150.00K | $107.00K | $104.00K | $7.48M | $4.19M | $24.10M | $21.24M | $- |
Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $99.37K | $66.25K | $- |
Deferred Revenue | $248.67M | $251.78M | $223.20M | $215.77M | $248.68M | $284.91M | $276.55M | $267.49M | $290.83M | $300.20M | $262.67M | $215.54M | $219.09M | $191.65M | $164.93M | $6.37M | $7.53M | $- | $- | $- |
Other Current Liabilities | $160.80M | $234.44M | $260.44M | $222.81M | $204.46M | $245.64M | $332.36M | $253.79M | $222.23M | $212.96M | $217.62M | $174.37M | $154.92M | $181.34M | $249.68M | $17.29M | $12.02M | $37.60M | $40.75M | $- |
Total Current Liabilities | $414.16M | $491.51M | $486.92M | $443.98M | $462.15M | $521.82M | $603.75M | $516.88M | $515.64M | $522.84M | $468.94M | $381.39M | $361.42M | $377.11M | $417.03M | $35.50M | $31.17M | $71.38M | $69.59M | $- |
Long Term Debt | $403.79M | $398.88M | $436.63M | $432.08M | $435.50M | $433.08M | $431.24M | $427.97M | $427.85M | $430.95M | $423.81M | $419.54M | $419.97M | $417.98M | $43.83M | $42.62M | $43.24M | $53.88M | $41.95M | $- |
Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $378.00K | $396.00K | $529.00K | $- | $- | $- |
Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $34.90M | $47.44M | $- | $- | $- | $- |
Other Non-Current Liabilities | $39.25M | $53.92M | $54.46M | $48.91M | $37.43M | $49.66M | $48.90M | $26.59M | $26.22M | $22.84M | $28.23M | $20.95M | $38.61M | $62.97M | $87.99M | $94.10M | $54.77M | $12.94M | $12.16M | $- |
Total Non-Current Liabilities | $443.04M | $452.80M | $491.09M | $480.99M | $472.92M | $482.74M | $480.14M | $454.56M | $454.06M | $453.79M | $452.04M | $440.49M | $458.58M | $480.94M | $131.82M | $136.72M | $98.01M | $66.82M | $54.11M | $- |
Other Liabilities | $- | $- | $1 | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Liabilities | $857.19M | $944.31M | $978.01M | $924.97M | $935.08M | $1.00B | $1.08B | $971.44M | $969.70M | $976.63M | $920.98M | $821.88M | $820.00M | $858.05M | $548.85M | $172.23M | $129.18M | $138.20M | $123.69M | $- |
Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $162.07M | $162.42M | $- |
Common Stock | $10.00K | $10.00K | $10.00K | $10.00K | $10.00K | $10.00K | $10.00K | $10.00K | $10.00K | $10.00K | $10.00K | $10.00K | $10.00K | $10.00K | $10.00K | $8.00K | $8.00K | $243.00K | $233.00K | $- |
Retained Earnings | $-754.86M | $-785.36M | $-799.74M | $-735.42M | $-722.06M | $-719.57M | $-713.83M | $-626.86M | $-585.02M | $-545.20M | $-456.29M | $-429.91M | $-426.58M | $-404.00M | $-398.90M | $-382.61M | $-315.08M | $-297.02M | $-288.10M | $- |
Accumulated Other Comprehensive Income Loss | $-5.45M | $-1.06M | $-4.90M | $-4.69M | $-3.86M | $-7.64M | $-6.08M | $-5.30M | $-6.17M | $-6.57M | $-4.56M | $-2.77M | $-259.00K | $113.00K | $267.00K | $0 | $- | $- | $- | $-59.98M |
Other Total Stockholders Equity | $717.07M | $709.36M | $702.72M | $696.24M | $690.22M | $690.02M | $683.15M | $677.43M | $670.54M | $664.36M | $659.81M | $647.55M | $641.41M | $596.16M | $627.40M | $544.61M | $424.82M | $50.83M | $48.11M | $- |
Total Stockholders Equity | $-43.23M | $-77.04M | $-101.91M | $-43.86M | $-35.68M | $-37.18M | $-36.74M | $45.28M | $79.35M | $112.60M | $198.98M | $214.88M | $214.57M | $192.28M | $228.77M | $162.01M | $139.41M | $-83.88M | $-77.34M | $-59.98M |
Total Equity | $-43.23M | $-77.04M | $-101.91M | $-43.86M | $-35.68M | $-37.18M | $-36.74M | $45.28M | $79.35M | $112.60M | $198.98M | $214.88M | $214.57M | $192.28M | $228.77M | $162.01M | $139.41M | $-83.88M | $-77.34M | $-59.98M |
Total Liabilities and Stockholders Equity | $813.97M | $867.26M | $876.11M | $881.11M | $899.39M | $967.38M | $1.05B | $1.02B | $1.05B | $1.09B | $1.12B | $1.04B | $1.03B | $1.05B | $777.62M | $334.24M | $268.59M | $54.32M | $46.36M | $-59.98M |
Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Liabilities and Total Equity | $813.97M | $867.26M | $876.11M | $881.11M | $899.39M | $967.38M | $1.05B | $1.02B | $1.05B | $1.09B | $1.12B | $1.04B | $1.03B | $1.05B | $777.62M | $334.24M | $268.59M | $54.32M | $46.36M | $-59.98M |
Total Investments | $182.75M | $197.78M | $135.56M | $134.31M | $152.60M | $115.37M | $92.73M | $93.12M | $91.64M | $62.57M | $64.39M | $65.33M | $67.58M | $68.79M | $67.39M | $4.75M | $- | $173.20M | $173.21M | $8.36M |
Total Debt | $403.94M | $399.03M | $436.79M | $432.23M | $439.04M | $434.73M | $434.54M | $438.36M | $444.30M | $450.81M | $420.34M | $417.42M | $417.43M | $418.08M | $43.94M | $50.10M | $47.98M | $77.98M | $63.20M | $- |
Net Debt | $236.29M | $192.30M | $151.42M | $116.34M | $141.81M | $91.72M | $168.97M | $259.00M | $229.24M | $190.61M | $149.34M | $125.05M | $101.69M | $7.87M | $-106.26M | $-172.84M | $-148.06M | $77.84M | $59.33M | $4.18M |
Annual Cash Flow
Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
---|---|---|---|---|---|
Net Income | $- | $-133.93M | $-156.56M | $-109.08M | $-51.61M |
Depreciation and Amortization | $25.52M | $24.41M | $30.05M | $18.25M | $6.64M |
Deferred Income Tax | $- | $- | $-287.00K | $10.94M | $-30.00K |
Stock Based Compensation | $27.18M | $20.71M | $27.04M | $38.59M | $11.30M |
Change in Working Capital | $- | $88.87M | $36.70M | $-13.13M | $-21.25M |
Accounts Receivables | $-155.00K | $180.47M | $-4.89M | $-1.26M | $16.00K |
Inventory | $- | $- | $- | $-26.23M | $-21.62M |
Accounts Payables | $-4.22M | $2.49M | $-697.00K | $-11.78M | $3.79M |
Other Working Capital | $- | $-94.09M | $42.28M | $26.14M | $-3.44M |
Other Non Cash Items | $-84.39M | $33.87M | $44.57M | $19.64M | $6.17M |
Net Cash Provided by Operating Activities | $-31.68M | $33.93M | $-18.49M | $-34.78M | $-48.67M |
Investments in Property Plant and Equipment | $-523.00K | $-851.00K | $-10.45M | $-4.69M | $-2.88M |
Acquisitions Net | $- | $-1.97M | $-38.63M | $-256.43M | $-7.79M |
Purchases of Investments | $-110.92M | $-91.02M | $-52.51M | $-24.01M | $- |
Sales Maturities of Investments | $67.79M | $46.83M | $21.91M | $21.69M | $- |
Other Investing Activities | $-1.40M | $-9.24M | $-38.70M | $-6.03M | $-2.60M |
Net Cash Used for Investing Activities | $-45.06M | $-56.25M | $-79.68M | $-263.43M | $-10.67M |
Debt Repayment | $-23.37M | $106.52M | $5.75M | $366.57M | $-15.45M |
Common Stock Issued | $- | $- | $- | $131.03M | $- |
Common Stock Repurchased | $- | $-5.61M | $-1.81M | $-28.88M | $-42.00K |
Dividends Paid | $- | $- | $- | $- | $-30.00M |
Other Financing Activities | $-339.00K | $-9.96M | $-2.71M | $48.98M | $305.11M |
Net Cash Used Provided by Financing Activities | $-23.71M | $90.95M | $1.98M | $415.55M | $259.61M |
Effect of Forex Changes on Cash | $- | $- | $- | $- | $- |
Net Change in Cash | $-100.45M | $68.63M | $-96.19M | $117.34M | $200.27M |
Cash at End of Period | $196.78M | $297.23M | $228.60M | $324.79M | $207.45M |
Cash at Beginning of Period | $297.23M | $228.60M | $324.79M | $207.45M | $7.18M |
Operating Cash Flow | $-31.68M | $33.93M | $-18.49M | $-34.78M | $-48.67M |
Capital Expenditure | $-523.00K | $-10.10M | $-10.45M | $-4.69M | $-2.88M |
Free Cash Flow | $-32.20M | $23.83M | $-28.94M | $-39.47M | $-51.55M |
Cash Flow Charts
Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | $30.47M | $14.38M | $-64.32M | $-13.36M | $-2.49M | $-5.74M | $-86.96M | $-38.74M | $-35.47M | $-86.39M | $-26.38M | $-5.80M | $-22.58M | $-5.10M | $-16.30M | $-65.10M | $-18.06M | $-8.92M | $-6.26M | $-18.37M |
Depreciation and Amortization | $6.95M | $6.05M | $20.90M | $24.22M | $5.91M | $6.27M | $5.74M | $6.49M | $6.85M | $9.69M | $6.44M | $7.07M | $7.46M | $4.43M | $3.89M | $2.46M | $1.62M | $1.64M | $1.60M | $1.79M |
Deferred Income Tax | $- | $- | $688.00K | $- | $57.23M | $116.00K | $23.01M | $- | $-287.00K | $- | $-7.73M | $- | $8.15M | $-1.84M | $-7.73M | $15.98M | $-30.00K | $2.23M | $-4.22M | $1.49M |
Stock Based Compensation | $7.97M | $6.74M | $7.11M | $5.37M | $432.00K | $6.98M | $6.40M | $6.89M | $6.40M | $5.09M | $9.70M | $5.85M | $9.23M | $5.88M | $6.64M | $16.84M | $9.87M | $507.00K | $362.00K | $672.00K |
Change in Working Capital | $-54.79M | $-29.33M | $14.24M | $15.09M | $-41.27M | $73.99M | $55.92M | $236.00K | $13.75M | $2.65M | $24.36M | $-4.07M | $1.38M | $-9.63M | $6.73M | $-11.61M | $-24.30M | $-4.25M | $4.15M | $3.15M |
Accounts Receivables | $12.58M | $19.91M | $-29.32M | $7.74M | $22.44M | $-2.37M | $-1.59M | $2.62M | $2.08M | $1.27M | $-8.61M | $-1.30M | $4.16M | $-407.00K | $-4.17M | $-846.00K | $1.07M | $74.00K | $-1.69M | $559.00K |
Inventory | $- | $- | $- | $- | $-102.94M | $107.45M | $-4.51M | $- | $- | $- | $- | $- | $2.46M | $-5.86M | $-22.84M | $20.00K | $-21.46M | $-2.83M | $910.00K | $1.76M |
Accounts Payables | $-607.00K | $2.01M | $-2.12M | $-3.51M | $-287.00K | $-151.00K | $3.00M | $-69.00K | $-449.00K | $3.98M | $-5.28M | $1.05M | $11.51M | $-1.87M | $-13.33M | $-8.09M | $70.00K | $1.00M | $1.31M | $1.41M |
Other Working Capital | $-66.77M | $-51.26M | $45.68M | $10.87M | $-63.42M | $-30.94M | $59.02M | $-2.31M | $12.11M | $-2.59M | $38.25M | $-3.82M | $-16.75M | $-1.50M | $47.07M | $-2.69M | $-3.98M | $-2.50M | $3.62M | $-586.00K |
Other Non Cash Items | $-17.21M | $14.59M | $76.46M | $26.73M | $-172.81M | $2.07M | $9.15M | $3.09M | $628.00K | $58.45M | $4.59M | $-16.35M | $3.29M | $-4.69M | $-1.08M | $18.50M | $-759.00K | $1.53M | $4.27M | $1.63M |
Net Cash Provided by Operating Activities | $-26.60M | $12.43M | $-25.97M | $8.46M | $-152.99M | $83.67M | $13.25M | $-22.03M | $-8.14M | $-10.50M | $10.98M | $-13.29M | $6.94M | $-10.95M | $-7.84M | $-22.93M | $-31.65M | $-7.27M | $-104.00K | $-9.64M |
Investments in Property Plant and Equipment | $-192.00K | $5.21M | $-3.19M | $-2.36M | $-2.40M | $-2.29M | $-2.62M | $-2.78M | $-2.66M | $-2.75M | $-2.29M | $-2.74M | $-1.47M | $-1.17M | $-1.22M | $-832.00K | $-646.00K | $-601.00K | $-659.00K | $-974.00K |
Acquisitions Net | $- | $-10.87M | $522.00K | $10.35M | $21.98M | $2.19M | $2.31M | $-1.97M | $-1.62M | $-4.95M | $-27.10M | $-4.95M | $-77.75M | $-50.80M | $-105.00M | $-22.88M | $-6.17M | $-1.62M | $- | $- |
Purchases of Investments | $-12.78M | $-83.66M | $-19.19M | $4.71M | $-31.16M | $-36.25M | $-18.19M | $-5.41M | $-33.06M | $-5.88M | $-4.73M | $-8.84M | $-4.88M | $-9.65M | $-9.48M | $- | $- | $- | $- | $- |
Sales Maturities of Investments | $23.80M | $21.36M | $17.93M | $4.71M | $11.51M | $12.29M | $18.01M | $5.02M | $4.11M | $5.55M | $3.79M | $8.45M | $5.33M | $8.26M | $8.11M | $- | $- | $- | $- | $- |
Other Investing Activities | $-3.68M | $6.99M | $-3.89M | $12.74M | $-21.98M | $-2.19M | $-2.31M | $-2.82M | $-31.25M | $-2.64M | $4.95M | $-4.95M | $-643.00K | $-2.51M | $-1.37M | $-798.00K | $-488.00K | $-542.00K | $-681.00K | $-890.00K |
Net Cash Used for Investing Activities | $7.15M | $-60.97M | $-3.93M | $12.70M | $-22.05M | $-26.25M | $-2.80M | $-5.15M | $-33.23M | $-8.04M | $-30.33M | $-8.08M | $-78.78M | $-53.36M | $-107.58M | $-23.71M | $-6.82M | $-2.22M | $-659.00K | $-974.00K |
Debt Repayment | $-169.00K | $-20.05M | $- | $-3.15M | $- | $-276.00K | $107.02M | $-499.00K | $-9.10M | $14.00M | $1.00M | $-150.00K | $-4.00M | $370.72M | $- | $-150.00K | $-33.78M | $11.98M | $4.81M | $1.54M |
Common Stock Issued | $- | $- | $- | $- | $8.00K | $-199.00K | $- | $191.00K | $1.12M | $416.00K | $219.00K | $473.00K | $4.29M | $972.00K | $39.19M | $90.13M | $- | $- | $- | $- |
Common Stock Repurchased | $- | $- | $- | $- | $-1.24M | $-199.00K | $-679.00K | $-5.61M | $-1.81M | $-957.00K | $-1.21M | $-712.00K | $-5.10M | $-1.65M | $-5.13M | $-17.00M | $- | $-42.00K | $- | $- |
Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-30.00M | $- | $- | $-945.96K |
Other Financing Activities | $-273.00K | $-90.00K | $-625.00K | $649.00K | $-1.46M | $-83.00K | $-6.77M | $-1.17M | $681.00K | $-4.85M | $-2.62M | $-239.00K | $-15.94M | $-43.01M | $34.46M | $72.73M | $301.57M | $-1.22M | $- | $5.66M |
Net Cash Used Provided by Financing Activities | $-442.00K | $-20.14M | $-625.00K | $-2.50M | $110.55M | $-558.00K | $100.25M | $-7.27M | $-7.02M | $13.46M | $-1.62M | $-389.00K | $-19.20M | $327.71M | $34.46M | $72.58M | $237.79M | $10.76M | $4.81M | $6.25M |
Effect of Forex Changes on Cash | $- | $- | $- | $- | $68.34M | $-49.24M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Net Change in Cash | $-19.90M | $-68.69M | $-30.53M | $18.66M | $-64.48M | $56.86M | $110.70M | $-34.45M | $-48.39M | $-5.08M | $-20.96M | $-21.76M | $-91.04M | $263.41M | $-80.96M | $25.93M | $199.32M | $1.27M | $4.05M | $-4.36M |
Cash at End of Period | $196.78M | $216.68M | $285.37M | $315.89M | $297.23M | $361.71M | $304.85M | $194.15M | $228.60M | $276.99M | $282.08M | $303.04M | $324.79M | $415.83M | $152.42M | $233.38M | $207.45M | $8.14M | $6.87M | $2.82M |
Cash at Beginning of Period | $216.68M | $285.37M | $315.89M | $297.23M | $361.71M | $304.85M | $194.15M | $228.60M | $276.99M | $282.08M | $303.04M | $324.79M | $415.83M | $152.42M | $233.38M | $207.45M | $8.14M | $6.87M | $2.82M | $7.18M |
Operating Cash Flow | $-26.60M | $12.43M | $-25.97M | $8.46M | $-152.99M | $83.67M | $13.25M | $-22.03M | $-8.14M | $-10.50M | $10.98M | $-13.29M | $6.94M | $-10.95M | $-7.84M | $-22.93M | $-31.65M | $-7.27M | $-104.00K | $-9.64M |
Capital Expenditure | $-3.87M | $-3.38M | $-3.19M | $-2.36M | $-2.40M | $-2.29M | $-2.62M | $-2.78M | $-2.66M | $-2.75M | $-2.29M | $-2.74M | $-1.47M | $-1.17M | $-1.22M | $-832.00K | $-646.00K | $-601.00K | $-659.00K | $-974.00K |
Free Cash Flow | $-30.48M | $9.05M | $-29.16M | $6.11M | $-155.38M | $81.38M | $10.63M | $-24.81M | $-10.80M | $-13.26M | $8.69M | $-16.03M | $5.46M | $-12.11M | $-9.05M | $-23.77M | $-32.30M | $-7.87M | $-763.00K | $-10.61M |

Porch Group, Inc. operates a software platform in the United States and Canada. The company operates through two segments, Vertical Software and Insurance. The Vertical Software segment provides software and services to home services companies and gives early access to homebuyers and homeowners. It offers services to home services companies, such as home inspectors, consumers, such as homebuyers and homeowners, service providers, such as moving, insurance, warranty, and security companies, and TV/Internet providers. This segment operates through Floify, HireAHelper, ISN, iRoofing, Palm-Tech, Porch.com, Rynoh, and V12 brands. The Insurance segment offers property related insurance policies through our own risk-bearing carrier and independent agency as well as risk-bearing home warranty company. This segment operates though American Home Protect, Elite Insurance Group, and Homeowners of America brands. In addition, the company provides property and casualty, home, auto, flood, and umbrella insurance products; and contractor services. The company was incorporated in 2011 and is headquartered in Seattle, Washington.
$5.91
Stock Price
$601.41M
Market Cap
733
Employees
Seattle, WA
Location
Revenue (FY 2024)
$437.85M
1.8% YoY
Net Income (FY 2024)
$-32.83M
75.5% YoY
EPS (FY 2024)
$-0.33
76.3% YoY
Free Cash Flow (FY 2024)
$-32.20M
-235.1% YoY
Profitability
Gross Margin
48.5%
Net Margin
-7.5%
ROE
75.9%
ROA
-4.0%
Valuation
P/E Ratio
-14.92
P/S Ratio
1.12
EV/EBITDA
19.45
Market Cap
$601.41M
Revenue & Net Income
Profit Margins
Cash Flow Summary
Operating Cash Flow
$-31.68M
-193.4% YoY
Free Cash Flow
$-32.20M
-235.1% YoY
Balance Sheet Summary
Total Assets
$813.97M
-9.5% YoY
Total Debt
$403.94M
7.3% YoY
Shareholder Equity
$-43.23M
-16.8% YoY
Dividend Overview
No Dividend Data
Porch Group, Inc. doesn't currently pay dividends.
Porch Group Dividends
Explore Porch Group's dividend history, including dividend yield, payout ratio, and historical payments.
Porch Group News
Read the latest news about Porch Group, including recent articles, headlines, and updates.
From Skeptic To Buyer: Why I'm Upgrading Porch Group
Porch Group's shift to a high-margin, fee-based model has significantly improved profitability, with 2024 EBITDA hitting record levels and ambitious targets set for 2025 and 2026. Despite impressive revenue growth and operational improvements, concerns remain about the company's high debt levels and revenue visibility, particularly in a sluggish housing market. The Porch Insurance Reciprocal Exchange (PIRE) has boosted margins but introduced revenue predictability challenges, relying heavily on agent adoption and customer onboarding.

Porch Group to Release Fourth Quarter 2024 Earnings on February 25, 2025
SEATTLE--(BUSINESS WIRE)--Porch Group, Inc. (“Porch Group,” “Porch” or “the Company”) (Nasdaq: PRCH), a homeowners insurance and vertical software platform, today announced it will report financial results for the fourth quarter ended December 31, 2024, after markets close on Tuesday, February 25, 2025. Q4'24 Earnings Conference Call Porch management will host a live webinar to discuss the financial results and business followed by Q&A on Tuesday, February 25, 2025, at 5:00 p.m. Eastern (2:.

Porch Group Completes Formation of Porch Insurance Reciprocal Exchange and Corresponding Sale of Homeowners of America Insurance Company
SEATTLE--(BUSINESS WIRE)--Porch Group Completes Formation of Porch Insurance Reciprocal Exchange and Corresponding Sale of Homeowners of America Insurance Company.

Porch Group, Inc. (PRCH)'s Technical Outlook is Bright After Key Golden Cross
After reaching an important support level, Porch Group, Inc. (PRCH) could be a good stock pick from a technical perspective. PRCH recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.

Why I'm Waiting For Porch Group To Nail Down Its Growth Story
Porch Group's stock surged 170% in a year, with analysts predicting 30% upside, but profitability and growth metrics are concerning. The launch of Porch Insurance Reciprocal Exchange aims to stabilize earnings, with promising Q3 financials and operational improvements driving growth. Despite impressive revenue growth, rising costs and persistent net losses challenge sustainability, making profitability elusive and increasing financial risks.

Porch Group, Inc. (PRCH) Q3 2024 Earnings Call Transcript
Porch Group, Inc. (NASDAQ:PRCH ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Lois Perkins - Head of Investor Relations Matt Ehrlichman - Chairman, Founder & Chief Executive Officer Shawn Tabak - Chief Financial Officer Nicole Pelley - Senior Vice President of Product & Technology Matthew Neagle - Chief Operating Officer Conference Call Participants John Campbell - Stephens Jason Helfstein - Oppenheimer Steven Hromin - Oppenheimer Jason Kreyer - Craig-Hallum Capital Group Ryan Tomasello - KBW Lois Perkins Good afternoon, everyone and thank you for participating in Porch Group's Third Quarter 2024 Conference Call. Today, we issued our earnings release and filed our related Form 8-K with the SEC.

Porch Group, Inc. (PRCH) Q2 2024 Earnings Call Transcript
Porch Group, Inc. (NASDAQ:PRCH ) Q2 2024 Earnings Conference Call August 6, 2024 5:00 PM ET Company Participants Lois Perkins - IR Matt Ehrlichman - CEO, Chairman and Founder Shawn Tabak - CFO Matthew Neagle - COO Michelle Taves - GM Porch Group Media, Data and Marketing Conference Call Participants Daniel Kurnos - The Benchmark Company Jonathan Bass - Stephens Steven Hromin - Oppenheimer Ryan Tomasello - KBW Jason Kreyer - Craig-Hallum Capital Group Lois Perkins Good afternoon, everyone, and thank you for participating in Porch Group's Second Quarter 2024 Conference Call. Today, we issued our earnings release and filed our related Form 8-K with the SEC.

7 Overlooked Penny Stocks That Could Quintuple Your Money by 2026
Penny stocks are some of the best investments if you are looking for high-risk, high-reward bets to quintuple your money. That's definitely easier said than done since most penny stocks in the market have loss-making underlying businesses and a lot of dilution.

Porch Group: Insurance Margin Expansion To Drive Upside Potential
PRCH stock has seen strong price appreciation, up over 62% since initial coverage, but YTD performance has been underwhelming. The insurance segment is PRCH's largest and fastest-growing business, and improvements in this segment could positively affect share performance. PRCH's Q1 results showed positive trends in insurance metrics, and the company's data advantages could unlock more upside in the insurance business.

Porch Group Sues China Construction Bank, Alleging Reinsurance Fraud
Porch Group, a U.S. homeowners insurance and home inspection software company, reportedly sued China Construction Bank (CCB), alleging reinsurance fraud. In its complaint, Porch alleged that the Chinese lender conspired with employees of Vesttoo, a now-bankrupt Israeli insurance firm, to issue fake reinsurance letters of credit, Reuters reported Friday (May 10).

Similar Companies
Related Metrics
Explore detailed financial metrics and analysis for PRCH.