Porch Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	458.38	430.3	275.95	192.43	72.3	77.6
Revenue Growth (YoY)	52.92%	55.94%	43.40%	166.16%	-6.83%	-
Cost of Revenue	244.81	220.24	107.58	58.73	17.56	21.5
Gross Profit	213.56	210.06	168.37	133.71	54.74	56.1
Selling, General & Admin	249.43	247.5	223.66	169.01	69.86	108.23
Research & Development	58.47	58.5	59.57	47.01	28.55	30.99
Other Operating Expenses	92.15	94.41	62.19	1.06	-1.44	4.99
Operating Expenses	400.06	400.41	345.42	217.07	96.97	144.22
Operating Income	-186.49	-190.35	-177.05	-83.37	-42.23	-88.12
Interest Expense / Income	40.43	31.83	8.72	5.76	14.73	7.13
Other Expense / Income	-119.28	-88.87	-30.05	27.76	-1.24	7.97
Pretax Income	-107.64	-133.31	-155.72	-116.88	-55.72	-103.22
Income Tax	0.91	0.62	0.84	-10.27	-1.69	0.1
Net Income	-108.56	-133.93	-156.56	-106.61	-54.03	-103.32
Preferred Dividends	0	0	0	0	17.28	0
Net Income Common	-108.56	-133.93	-156.56	-106.61	-71.32	-103.32
Shares Outstanding (Basic)	98	96	97	94	36	31
Shares Outstanding (Diluted)	98	96	97	94	36	31
Shares Change	2.42%	-1.33%	3.69%	158.11%	16.69%	-
EPS (Basic)	-1.13	-1.39	-1.61	-1.14	-1.96	-3.31
EPS (Diluted)	-1.13	-1.39	-1.61	-1.14	-2.03	-3.31
Free Cash Flow	54.76	23.83	-28.19	-39.47	-51.55	-33.91
Free Cash Flow Per Share	0.56	0.25	-0.29	-0.42	-1.42	-1.09
Gross Margin	46.59%	48.82%	61.02%	69.48%	75.71%	72.29%
Operating Margin	-40.69%	-44.24%	-64.16%	-43.32%	-58.41%	-113.57%
Profit Margin	-23.68%	-31.13%	-56.73%	-55.40%	-98.64%	-133.15%
Free Cash Flow Margin	11.95%	5.54%	-10.21%	-20.51%	-71.30%	-43.70%
EBITDA	-42.98	-77.07	-119.06	-94.74	-34.34	-88.71
EBITDA Margin	-9.38%	-17.91%	-43.15%	-49.23%	-47.50%	-114.33%
Depreciation & Amortization	24.24	24.42	27.93	16.39	6.64	7.38
EBIT	-67.22	-101.48	-146.99	-111.12	-40.99	-96.09
EBIT Margin	-14.66%	-23.58%	-53.27%	-57.75%	-56.69%	-123.83%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).