Porch Group Inc. | Small-cap | Technology

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Jun 2025

Income Metrics

Revenue 119.3M
Gross Profit 75.9M 63.60%
Operating Income 5.0M 4.23%
Net Income 8.2M 6.91%
EPS (Diluted) $0.00

Balance Sheet Metrics

Total Assets 802.3M
Total Liabilities 834.3M
Shareholders Equity -32.0M

Cash Flow Metrics

Operating Cash Flow -6.7M
Free Cash Flow -14.5M

Revenue & Profitability Trend

Porch Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i437.8M430.3M275.9M192.4M72.3M
Cost of Goods Sold i225.6M220.2M107.6M58.7M17.6M
Gross Profit i212.2M210.1M168.4M133.7M54.7M
Gross Margin % i48.5%48.8%61.0%69.5%75.7%
Operating Expenses
Research & Development i55.3M58.5M59.6M47.0M28.5M
Selling, General & Administrative i221.3M247.5M223.7M169.0M69.9M
Other Operating Expenses i-----
Total Operating Expenses i276.6M306.0M283.2M216.0M98.4M
Operating Income i-64.6M-133.1M-115.7M-83.4M-43.7M
Operating Margin % i-14.7%-30.9%-41.9%-43.3%-60.4%
Non-Operating Items
Interest Income i1.7M3.9M717.0K33.0K0
Interest Expense i42.5M31.8M8.7M5.8M14.7M
Other Non-Operating Income74.6M27.7M-32.0M-27.8M2.7M
Pre-tax Income i-30.7M-133.3M-155.7M-116.9M-55.7M
Income Tax i2.1M622.0K842.0K-10.3M-1.7M
Effective Tax Rate % i0.0%0.0%0.0%0.0%0.0%
Net Income i-32.8M-133.9M-156.6M-106.6M-54.0M
Net Margin % i-7.5%-31.1%-56.7%-55.4%-74.7%
Key Metrics
EBITDA i-35.6M-104.8M-87.2M-66.6M-41.4M
EPS (Basic) i$-0.32$-1.39$-1.61$-1.16$-1.90
EPS (Diluted) i$-0.32$-1.39$-1.61$-1.16$-1.90
Basic Shares Outstanding i10145779296057000973512419388456636344234
Diluted Shares Outstanding i10145779296057000973512419388456636344234

Income Statement Trend

Porch Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i167.6M258.4M215.1M315.7M196.0M
Short-term Investments i24.1M35.6M36.5M9.3M0
Accounts Receivable i19.1M24.3M26.4M28.8M4.3M
Inventory i-----
Other Current Assets15.3M13.2M11.3M14.3M4.1M
Total Current Assets i365.1M481.1M610.6M605.1M215.8M
Non-Current Assets
Property, Plant & Equipment i004.2M4.5M0
Goodwill i452.6M471.0M597.6M581.2M72.5M
Intangible Assets i68.7M87.2M108.3M129.7M16.0M
Long-term Investments-----
Other Non-Current Assets7.0M18.7M18.1M8.7M3.7M
Total Non-Current Assets i448.8M418.3M438.4M433.7M52.6M
Total Assets i814.0M899.4M1.0B1.0B268.4M
Liabilities
Current Liabilities
Accounts Payable i4.5M8.8M6.3M7.0M9.2M
Short-term Debt i150.0K244.0K16.5M150.0K4.7M
Current Portion of Long-term Debt-----
Other Current Liabilities5.3M27.8M22.0M55.3M2.7M
Total Current Liabilities i414.2M462.2M515.6M363.1M31.7M
Non-Current Liabilities
Long-term Debt i403.8M435.5M425.3M417.3M43.2M
Deferred Tax Liabilities i-----
Other Non-Current Liabilities39.2M37.4M28.8M26.1M54.0M
Total Non-Current Liabilities i443.0M472.9M454.1M458.6M129.3M
Total Liabilities i857.2M935.1M969.7M821.7M161.1M
Equity
Common Stock i10.0K10.0K10.0K10.0K8.0K
Retained Earnings i-754.9M-722.1M-585.0M-424.1M-317.5M
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i-43.2M-35.7M79.4M217.0M107.3M
Key Metrics
Total Debt i403.9M435.7M441.8M417.4M48.0M
Working Capital i-49.0M18.9M95.0M241.9M184.1M

Balance Sheet Composition

Porch Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i-32.8M-133.9M-156.6M-106.6M-54.0M
Depreciation & Amortization i25.5M24.4M27.9M16.4M6.6M
Stock-Based Compensation i27.2M20.7M27.0M38.6M11.3M
Working Capital Changes i-17.3M90.3M43.7M-56.0K2.0M
Operating Cash Flow i7.4M21.8M-59.2M-30.1M-24.0M
Investing Activities
Capital Expenditures i-523.0K-851.0K-2.4M-972.0K-279.0K
Acquisitions i10.9M-2.0M-38.6M-256.4M-7.8M
Investment Purchases i-110.9M-91.0M-52.5M-24.0M0
Investment Sales i67.8M46.8M21.9M21.7M0
Investing Cash Flow i-32.8M-47.0M-71.6M-259.7M-8.1M
Financing Activities
Share Repurchases i0-5.6M-1.8M0-42.0K
Dividends Paid i--00-30.0M
Debt Issuance i0116.7M10.0M413.5M66.2M
Debt Repayment i-23.4M-10.2M-5.2M-47.0M-81.6M
Financing Cash Flow i-23.7M91.0M1.2M288.8M258.7M
Free Cash Flow i-44.5M23.8M-28.2M-39.5M-51.5M
Net Change in Cash i-49.1M65.8M-129.6M-1.0M226.6M

Cash Flow Trend

Porch Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 26.75
Forward P/E -19.97
Price to Book -720.89
Price to Sales 3.59
PEG Ratio -0.26

Profitability Ratios

Profit Margin 12.82%
Operating Margin 4.23%
Return on Equity 75.95%
Return on Assets 1.76%

Financial Health

Current Ratio 0.79
Debt to Equity -180.13
Beta 2.72

Per Share Data

EPS (TTM) $0.56
Book Value per Share $-0.28
Revenue per Share $4.29

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
prch1.6B26.75-720.8975.95%12.82%-180.13
Salesforce 235.0B38.473.8810.31%16.08%19.81
Intuit 200.1B58.509.9517.84%19.07%0.35
Eplus 1.9B17.281.8711.42%5.45%12.68
Matterport 1.8B-6.734.43-55.40%-151.22%0.05
Olo 1.7B1,038.002.44-0.13%-0.28%1.80

Financial data is updated regularly. All figures are in the company's reporting currency.