TrueCar, Inc. (TRUE)

TrueCar Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	162.78	158.71	161.52	231.7	278.68	335.05
Revenue Growth (YoY)	5.04%	-1.74%	-30.29%	-16.86%	-16.82%	-0.01%
Cost of Revenue	16.27	15.86	16.21	22.24	21.55	27.83
Gross Profit	146.51	142.85	145.31	209.46	257.13	307.22
Selling, General & Admin	133.33	139.37	148.62	185.23	201.9	291.3
Research & Development	37.87	42.25	46.09	41.43	44.93	56.11
Other Operating Expenses	18.09	17.7	76.3	16.28	28.81	20.67
Operating Expenses	189.29	199.32	271.01	242.94	275.65	368.07
Operating Income	-42.79	-56.47	-125.7	-33.48	-18.52	-60.86
Other Expense / Income	-6.75	-6.72	-4.45	4.65	-95.05	-4.65
Pretax Income	-36.03	-49.75	-121.25	-38.12	76.54	-56.21
Income Tax	0.02	0.02	-2.56	0.21	-0.01	-1.32
Net Income	-36.05	-49.77	-118.69	-38.33	76.54	-54.89
Shares Outstanding (Basic)	91	90	91	97	106	106
Shares Outstanding (Diluted)	91	90	91	97	106	106
Shares Change	2.92%	-1.84%	-6.06%	-8.43%	0.48%	3.58%
EPS (Basic)	-0.39	-0.55	-1.30	-0.39	0.72	-0.52
EPS (Diluted)	-0.39	-0.55	-1.30	-0.39	0.72	-0.52
Free Cash Flow	-18.78	-34.22	-40.82	3.51	28.84	10.16
Free Cash Flow Per Share	-0.21	-0.38	-0.45	0.04	0.27	0.10
Gross Margin	90.00%	90.01%	89.96%	90.40%	92.27%	91.69%
Operating Margin	-26.28%	-35.58%	-77.82%	-14.45%	-6.64%	-18.16%
Profit Margin	-22.15%	-31.36%	-73.48%	-16.54%	27.47%	-16.38%
Free Cash Flow Margin	-11.54%	-21.56%	-25.27%	1.51%	10.35%	3.03%
Effective Tax Rate	-	-	-	-	-0.01%	-
EBITDA	-15.27	-29.07	-100.79	-17.55	102.32	-29.57
EBITDA Margin	-9.38%	-18.32%	-62.40%	-7.57%	36.72%	-8.83%
Depreciation & Amortization	20.76	20.68	20.46	20.57	25.78	26.64
EBIT	-36.03	-49.75	-121.25	-38.12	76.54	-56.21
EBIT Margin	-22.14%	-31.35%	-75.06%	-16.45%	27.46%	-16.78%

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).