Porch Financial Statements From 2010 to 2024

PRCH Stock  USD 5.26  0.12  2.33%   
Porch financial statements provide useful quarterly and yearly information to potential Porch Group investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Porch financial statements helps investors assess Porch's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Porch's valuation are summarized below:
Gross Profit
168.4 M
Profit Margin
(0.15)
Market Capitalization
521.3 M
Enterprise Value Revenue
1.5887
Revenue
452.1 M
We have found one hundred twenty available trending fundamental ratios for Porch Group, which can be analyzed and compared to other ratios and to its competitors. Traders should compare all of Porch Group recent fundamentals against the fundamentals between 2010 and 2024 to make sure the company is sustainable this year. The Porch's current Enterprise Value is estimated to increase to about 626.2 M, while Market Cap is projected to decrease to under 199.9 M.

Porch Total Revenue

230.89 Million

Check Porch financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Porch's main balance sheet or income statement drivers, such as Interest Expense of 33.4 M, Income Tax Expense of 653.1 K or Tax Provision of 638.4 K, as well as many indicators such as Price To Sales Ratio of 0.65, Dividend Yield of 0.0462 or Days Sales Outstanding of 143. Porch financial statements analysis is a perfect complement when working with Porch Valuation or Volatility modules.
  
Check out the analysis of Porch Correlation against competitors.

Porch Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Other Current Liabilities115.8 M204.5 M56.3 M
Slightly volatile
Total Current Liabilities275.6 M462.2 M159 M
Slightly volatile
Other Liabilities36.5 M30.2 M16.6 M
Slightly volatile
Accounts PayableM8.8 M4.3 M
Slightly volatile
Other Assets19.2 M18.3 MM
Slightly volatile
Net Receivables128.7 M107.9 M56.7 M
Slightly volatile
Total Current Assets353.3 M481.1 M157.5 M
Slightly volatile
Common Stock8.6 KK126.2 K
Slightly volatile
Property Plant Equipment9.1 M14.1 M7.9 M
Slightly volatile
Total Assets726 M899.4 M297.5 M
Slightly volatile
Short and Long Term Debt Total309.4 M435.7 M151.1 M
Slightly volatile
Property Plant And Equipment Net13 M20.1 M8.8 M
Slightly volatile
Current Deferred Revenue170 M248.7 M66.7 M
Slightly volatile
Cash226.2 M297.2 M86.1 M
Slightly volatile
Non Current Assets Total304.2 M418.3 M135.5 M
Slightly volatile
Non Currrent Assets Other8.3 M15.5 M5.2 M
Slightly volatile
Long Term Debt299 M435.5 M135 M
Slightly volatile
Cash And Short Term Investments244.1 M332.8 M92.8 M
Slightly volatile
Good Will155.9 M191.9 M68.6 M
Slightly volatile
Common Stock Total Equity8.5 K11.5 K5.2 K
Slightly volatile
Common Stock Shares Outstanding76 M96.1 M41 M
Slightly volatile
Liabilities And Stockholders Equity726 M899.4 M297.5 M
Slightly volatile
Non Current Liabilities Total337.6 M472.9 M155.4 M
Slightly volatile
Inventory0.951.02.2 M
Slightly volatile
Other Current Assets16.5 M13.2 M6.9 M
Slightly volatile
Other Stockholder Equity578.7 M690.2 M336 M
Slightly volatile
Total Liabilities651.7 M935.1 M306 M
Slightly volatile
Net Invested Capital382.6 M400.1 M142.1 M
Slightly volatile
Property Plant And Equipment Gross37.4 M35.6 M11.5 M
Slightly volatile
Short and Long Term Debt231.8 K244 K15.1 M
Slightly volatile
Capital StockK11.5 K5.2 K
Slightly volatile
Non Current Liabilities Other34.6 M37.4 M19 M
Slightly volatile
Short Term Debt231.8 K244 K15.1 M
Slightly volatile
Intangible Assets77.2 M87.2 M34.5 M
Slightly volatile
Long Term Debt Total323.8 M489.1 M141.9 M
Slightly volatile
Capital Surpluse636.8 M771.1 M492.9 M
Slightly volatile
Long Term Investments64 M103.6 M22 M
Slightly volatile
Deferred Long Term Liabilities550 K690 K442.7 K
Slightly volatile

Porch Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization17.6 M24.4 M7.7 M
Slightly volatile
Selling General Administrative84.9 M103.2 M62.6 M
Slightly volatile
Selling And Marketing Expenses96.9 M144.3 M69.6 M
Slightly volatile
Total Revenue230.9 M430.3 M131.9 M
Slightly volatile
Gross Profit138 M210.1 M84.7 M
Slightly volatile
Other Operating Expenses344.8 M620.7 M223.9 M
Slightly volatile
Research Development49.4 M58.5 M36.8 M
Slightly volatile
Cost Of Revenue231.3 M220.2 M56.5 M
Slightly volatile
Total Operating Expenses251.9 M400.4 M176.7 M
Slightly volatile
Reconciled Depreciation19.6 M27 M11.7 M
Slightly volatile

Porch Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation16.9 M24.4 M10.2 M
Slightly volatile
Dividends Paid1.2 M1.3 M29.1 M
Pretty Stable
Capital Expenditures6.1 M10.1 MM
Slightly volatile
Total Cash From Financing Activities153.7 M91 M85.2 M
Slightly volatile
End Period Cash Flow196.6 M297.2 M88.5 M
Slightly volatile
Change To Netincome110.5 M105.3 M31.1 M
Slightly volatile
Change To Liabilities71.3 M67.9 M17.5 M
Slightly volatile
Stock Based Compensation21.4 M20.7 M31.9 M
Slightly volatile
Begin Period Cash Flow170.6 M228.6 M67.4 M
Slightly volatile
Other Non Cash Items26.8 M33.9 M20.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.650.68763.4108
Pretty Stable
Dividend Yield0.04620.05210.0567
Slightly volatile
Days Sales Outstanding14391.499889.6436
Slightly volatile
Stock Based Compensation To Revenue0.04570.04810.1246
Pretty Stable
Capex To Depreciation0.30.41350.2417
Slightly volatile
EV To Sales0.961.00944.0588
Slightly volatile
Inventory Turnover4.267.152.8502
Slightly volatile
Days Of Inventory On Hand93.3652.8532.3801
Slightly volatile
Payables Turnover26.425.1399.464
Slightly volatile
Sales General And Administrative To Revenue0.470.23980.426
Very volatile
Average Inventory5.4 M5.1 M1.8 M
Slightly volatile
Research And Ddevelopement To Revenue0.130.1360.3687
Slightly volatile
Capex To Revenue0.03630.02350.0231
Slightly volatile
Cash Per Share2.043.46481.2745
Slightly volatile
Days Payables Outstanding13.7914.519358.0033
Pretty Stable
Intangibles To Total Assets0.440.31030.5267
Slightly volatile
Current Ratio1.481.0410.9119
Slightly volatile
Receivables Turnover3.793.989116.1196
Slightly volatile
Graham Number3.243.41389.0076
Slightly volatile
Capex Per Share0.110.10510.0679
Slightly volatile
Revenue Per Share2.374.47972.8418
Very volatile
Interest Debt Per Share2.934.86763.2773
Slightly volatile
Debt To Assets0.690.48450.8494
Slightly volatile
Operating Cycle86.9291.4998109
Slightly volatile
Days Of Payables Outstanding13.7914.519358.0033
Pretty Stable
Ebt Per Ebit0.960.9631.0913
Slightly volatile
Total Debt To Capitalization1.031.08925.0995
Very volatile
Quick Ratio1.421.0410.8802
Slightly volatile
Net Income Per E B T0.781.00470.9716
Slightly volatile
Cash Ratio0.610.64310.6273
Slightly volatile
Days Of Inventory Outstanding93.3652.8532.3801
Slightly volatile
Days Of Sales Outstanding14391.499889.6436
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.220.70241.0708
Pretty Stable
Fixed Asset Turnover12.1421.440111.1687
Slightly volatile
Debt Ratio0.690.48450.8494
Slightly volatile
Price Sales Ratio0.650.68763.4108
Pretty Stable
Asset Turnover0.690.47840.8067
Slightly volatile
Gross Profit Margin0.740.48820.699
Slightly volatile

Porch Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap199.9 M210.5 M517.5 M
Very volatile
Enterprise Value626.2 M371 M470.1 M
Slightly volatile

Porch Fundamental Market Drivers

Cash And Short Term Investments332.8 M

Porch Upcoming Events

12th of March 2024
Upcoming Quarterly Report
View
8th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
12th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Porch Financial Statements

Investors use fundamental indicators, such as Porch's revenue or net income, to determine how well the company is positioned to perform in the future. Although Porch's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Current Deferred Revenue248.7 M170 M
Total Revenue430.3 M230.9 M
Cost Of Revenue220.2 M231.3 M
Stock Based Compensation To Revenue 0.05  0.05 
Sales General And Administrative To Revenue 0.24  0.47 
Research And Ddevelopement To Revenue 0.14  0.13 
Capex To Revenue 0.02  0.04 
Revenue Per Share 4.48  2.37 
Ebit Per Revenue(0.32)(0.34)

Currently Active Assets on Macroaxis

When determining whether Porch Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Porch's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Porch Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Porch Group Stock:
Check out the analysis of Porch Correlation against competitors.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Porch. If investors know Porch will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Porch listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.66)
Revenue Per Share
4.589
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.06)
Return On Equity
(153.11)
The market value of Porch Group is measured differently than its book value, which is the value of Porch that is recorded on the company's balance sheet. Investors also form their own opinion of Porch's value that differs from its market value or its book value, called intrinsic value, which is Porch's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Porch's market value can be influenced by many factors that don't directly affect Porch's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Porch's value and its price as these two are different measures arrived at by different means. Investors typically determine if Porch is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Porch's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.