TrueCar, Inc. (TRUE)

TrueCar Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	179.36	175.6	158.71	161.52	231.7	278.68
Revenue Growth (YoY)	10.18%	10.64%	-1.75%	-30.29%	-16.86%	-16.82%
Cost of Revenue	30.99	26.36	15.63	16.2	22.18	20.46
Gross Profit	148.37	149.24	143.07	145.32	209.52	258.22
Selling, General & Admin	135.37	131.78	131.77	148.18	185.68	198.52
Research & Development	29.35	29.35	37.96	44.99	39.35	40.91
Operating Expenses	182.07	179.17	187.43	209.68	241.31	259.97
Operating Income	-33.7	-29.93	-44.36	-64.36	-31.79	-1.76
Interest & Investment Income	5.57	6.15	6.72	2.57	0.05	0.46
Earnings From Equity Investments	-	-	-	1.85	-5.4	-1.99
Other Non Operating Income (Expenses)	-	-	-	0.04	0.67	-
EBT Excluding Unusual Items	-28.13	-23.78	-37.64	-59.91	-36.47	-3.28
Merger & Restructuring Charges	-	-	-8.8	-1.2	-	-8.3
Impairment of Goodwill	-	-	-	-59.78	-	-8.26
Asset Writedown	-6.88	-6.88	-2.38	-	-1.65	-2.14
Legal Settlements	-	-	-	-	-	-0.06
Other Unusual Items	-0.32	-0.37	-0.93	-0.36	-0.04	0.2
Pretax Income	-35.32	-31.03	-49.75	-121.25	-38.16	-19.85
Income Tax Expense	0.01	0.02	0.02	-2.56	0.21	-0.01
Earnings From Continuing Operations	-35.34	-31.05	-49.77	-118.69	-38.37	-19.84
Earnings From Discontinued Operations	-	-	-	-	0.04	96.38
Net Income	-35.34	-31.05	-49.77	-118.69	-38.33	76.54
Net Income to Common	-35.34	-31.05	-49.77	-118.69	-38.33	76.54
Shares Outstanding (Basic)	89	90	90	91	97	106
Shares Outstanding (Diluted)	89	90	90	91	97	106
Shares Change (YoY)	-1.37%	0.44%	-1.84%	-6.06%	-8.43%	0.48%
EPS (Basic)	-0.40	-0.34	-0.55	-1.30	-0.39	0.72
EPS (Diluted)	-0.40	-0.34	-0.55	-1.30	-0.39	0.72
Free Cash Flow	-10.22	-0.16	-34.22	-40.82	3.51	28.84
Free Cash Flow Per Share	-0.12	-0.00	-0.38	-0.45	0.04	0.27
Gross Margin	82.72%	84.99%	90.15%	89.97%	90.43%	92.66%
Operating Margin	-18.79%	-17.04%	-27.95%	-39.85%	-13.72%	-0.63%
Profit Margin	-19.70%	-17.68%	-31.36%	-73.48%	-16.54%	27.47%
Free Cash Flow Margin	-5.70%	-0.09%	-21.56%	-25.27%	1.51%	10.35%
EBITDA	-33.66	-29.4	-43.56	-63.52	-29.36	3.87
EBITDA Margin	-18.76%	-16.74%	-27.44%	-39.33%	-12.67%	1.39%
D&A For EBITDA	0.04	0.53	0.81	0.84	2.43	5.62
EBIT	-33.7	-29.93	-44.36	-64.36	-31.79	-1.76
EBIT Margin	-18.79%	-17.04%	-27.95%	-39.85%	-13.72%	-0.63%

Updated Feb 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q