porch group inc. - PRCH

PRCH

Close Chg Chg %
3.51 0.43 12.25%

Open Market

3.94

+0.43 (12.25%)

Volume: 2.45M

Last Updated:

Nov 21, 2024, 12:57 PM EDT

Company Overview: porch group inc. - PRCH

PRCH Key Data

Open

$3.57

Day Range

3.55 - 4.21

52 Week Range

1.05 - 4.78

Market Cap

$355.32M

Shares Outstanding

101.23M

Public Float

59.38M

Beta

1.95

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$0.67

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

3.44M

 

PRCH Performance

1 Week
 
17.79%
 
1 Month
 
130.92%
 
3 Months
 
161.94%
 
1 Year
 
122.15%
 
5 Years
 
N/A
 

PRCH Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 6
Full Ratings ➔

About porch group inc. - PRCH

Porch Group, Inc. engages in the development and operation of a vertical software platform. It provides software solutions to home service companies such as home inspectors, moving companies, real estate agencies, utility companies, and warranty companies. The company was founded by Matt Ehrlichman & Ronnie Castro in 2011 and is headquartered in Seattle, WA.

PRCH At a Glance

Porch Group, Inc.
411 1st Avenue South
Seattle, Washington 98104
Phone 1-855-767-2400 Revenue 430.30M
Industry Internet Software/Services Net Income -133,933,000.00
Sector Technology Services 2023 Sales Growth 55.936%
Fiscal Year-end 12 / 2024 Employees 895
View SEC Filings

PRCH Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 0.688
Price to Book Ratio N/A
Price to Cash Flow Ratio 8.72
Enterprise Value to EBITDA -6.222
Enterprise Value to Sales 0.934
Total Debt to Enterprise Value 1.092

PRCH Efficiency

Revenue/Employee 480,784.358
Income Per Employee -149,645.81
Receivables Turnover 3.989
Total Asset Turnover 0.442

PRCH Liquidity

Current Ratio 0.982
Quick Ratio 0.982
Cash Ratio 0.72

PRCH Profitability

Gross Margin 48.817
Operating Margin -20.691
Pretax Margin -30.981
Net Margin -31.125
Return on Assets -13.748
Return on Equity -613.387
Return on Total Capital -33.205
Return on Invested Capital -29.48

PRCH Capital Structure

Total Debt to Total Equity N/A
Total Debt to Total Capital 108.847
Total Debt to Total Assets 48.815
Long-Term Debt to Equity N/A
Long-Term Debt to Total Capital 108.372
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Porch Group Inc. - PRCH

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
72.30M 192.43M 275.95M 430.30M
Sales Growth
- +166.16% +43.40% +55.94%
Cost of Goods Sold (COGS) incl D&A
17.56M 58.73M 107.58M 220.24M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
6.64M 16.70M 30.05M 24.41M
Depreciation
3.79M 4.40M 6.32M 5.00M
Amortization of Intangibles
2.86M 12.30M 23.73M 19.41M
COGS Growth
- +234.39% +83.19% +104.73%
Gross Income
54.74M 133.71M 168.37M 210.06M
Gross Income Growth
- +144.27% +25.92% +24.76%
Gross Profit Margin
+75.71% +69.48% +61.02% +48.82%
2020 2021 2022 2023 5-year trend
SG&A Expense
96.10M 213.41M 260.25M 299.09M
Research & Development
27.93M 46.45M 59.56M 58.50M
Other SG&A
68.16M 166.95M 200.69M 240.59M
SGA Growth
+106,396.23% +122.07% +21.95% +14.92%
Other Operating Expense
- - - -
-
Unusual Expense
(3.18M) 32.46M 56.86M 24.63M
EBIT after Unusual Expense
(38.18M) (112.16M) (148.74M) (113.66M)
Non Operating Income/Expense
(2.81M) 1.04M 1.75M 12.18M
Non-Operating Interest Income
- 768.00K 1.54M 12.32M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
14.73M 5.76M 8.72M 31.83M
Interest Expense Growth
- -60.93% +51.52% +264.87%
Gross Interest Expense
14.73M 5.76M 8.72M 31.83M
Interest Capitalized
- - - -
-
Pretax Income
(55.72M) (116.88M) (155.72M) (133.31M)
Pretax Income Growth
-86,311.38% -109.76% -33.23% +14.39%
Pretax Margin
-77.07% -60.74% -56.43% -30.98%
Income Tax
(1.69M) (10.27M) 842.00K 622.00K
Income Tax - Current - Domestic
71.00K (860.00K) 1.13M 399.00K
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
(1.76M) (9.41M) (285.00K) 223.00K
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(54.03M) (106.61M) (156.56M) (133.93M)
Minority Interest Expense
- - - -
-
Net Income
(54.03M) (106.61M) (156.56M) (133.93M)
Net Income Growth
-168,371.57% -97.30% -46.86% +14.45%
Net Margin Growth
-74.73% -55.40% -56.73% -31.13%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(54.03M) (106.61M) (156.56M) (133.93M)
Preferred Dividends
- - - 17.28M
-
Net Income Available to Common
(71.32M) (106.61M) (156.56M) (133.93M)
EPS (Basic)
-1.9622 -1.1355 -1.6082 -1.3943
EPS (Basic) Growth
-130,913.33% +42.13% -41.63% +13.30%
Basic Shares Outstanding
36.34M 93.88M 97.35M 96.06M
EPS (Diluted)
-2.0273 -1.1355 -1.6082 -1.3943
EPS (Diluted) Growth
-135,253.33% +43.99% -41.63% +13.30%
Diluted Shares Outstanding
36.37M 93.88M 97.35M 96.06M
EBITDA
(34.72M) (63.00M) (61.84M) (64.62M)
EBITDA Growth
-19,843.70% -81.46% +1.85% -4.50%
EBITDA Margin
-48.02% -32.74% -22.41% -15.02%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 3.667
Number of Ratings 6 Current Quarters Estimate 0.063
FY Report Date 12 / 2024 Current Year's Estimate -0.557
Last Quarter’s Earnings 0.12 Median PE on CY Estimate N/A
Year Ago Earnings -1.39 Next Fiscal Year Estimate -0.75
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 6 5 6 5
Mean Estimate 0.06 -0.29 -0.56 -0.75
High Estimates 0.08 -0.20 -0.48 -0.46
Low Estimate 0.02 -0.39 -0.62 -0.96
Coefficient of Variance 36.92 -24.99 -9.82 -29.53

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 4 4 4
OVERWEIGHT 0 0 0
HOLD 2 2 2
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Porch Group Inc. - PRCH

Date Name Shares Transaction Value
Oct 4, 2024 Matthew Ehrlichman CEO, CHAIRMAN AND FOUNDER; Director 13,575,207 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $1.37 per share 18,598,033.59
Oct 4, 2024 Matthew Ehrlichman CEO, CHAIRMAN AND FOUNDER; Director 13,564,667 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $1.37 per share 18,583,593.79
Oct 4, 2024 Matthew Neagle Chief Operating Officer 1,470,126 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $1.37 per share 2,014,072.62
Oct 4, 2024 Matthew Neagle Chief Operating Officer 1,458,815 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $1.37 per share 1,998,576.55
Jun 12, 2024 Alan Robert Pickerill Director 128,200 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 12, 2024 Maurice Ewen Tulloch Director 100,233 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 12, 2024 Maurice Ewen Tulloch Director 76,165 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $1.91 per share 145,475.15
Jun 12, 2024 Maurice Ewen Tulloch Director 74,961 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $1.91 per share 143,175.51
Jun 12, 2024 Sean Kell Director 203,491 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 12, 2024 Regi Vengalil Director 201,235 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 12, 2024 Regi Vengalil Director 111,687 Other acquisition or disposition 0.00
Jun 12, 2024 Camilla Velasquez Director 109,135 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 12, 2024 Amanda Reierson Director 107,159 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 11, 2024 Shawn Tabak CHIEF FINANCIAL OFFICER 295,142 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $2.02 per share 596,186.84
Apr 10, 2024 Shawn Tabak CHIEF FINANCIAL OFFICER 351,328 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $4.34 per share 1,524,763.52

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