Porch Group
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Porch Group's past years’ income statements indicate that its last revenue has increased compared to the previous period by 56% to $430,302,000. The net income raised on -$133,933,000 and profit margin reached -31%. Total operating expenses were $400,413,000.
Profit Margin
| 2019 | 77.59M | -103.31M | -133.15% |
|---|---|---|---|
| 2020 | 73.21M | -51.60M | -70.49% |
| 2021 | 192.43M | -109.07M | -56.68% |
| 2022 | 275.94M | -156.55M | -56.73% |
| 2023 | 430.30M | -133.93M | -31.13% |
PRCH Income Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Revenue | |||||
Revenue | 430.30M | 275.94M | 192.43M | 73.21M | 77.59M |
Cost of revenue | 220.24M | 107.57M | 55.28M | 17.56M | 21.5M |
Gross profit | 210.05M | 168.37M | 137.14M | 55.65M | 56.09M |
Operating exp. | |||||
Research and development | 58.50M | 59.56M | 47.00M | 28.29M | 30.99M |
Selling and marketing | 144.30M | 113.84M | 84.27M | 41.76M | 56.22M |
Total operating expenses | 400.41M | 284.03M | 222.98M | 98.45M | 139.22M |
Operating income | -138.43M | -115.66M | -85.83M | -42.79M | -83.12M |
Other income (expenses), net | 5.12M | -40.05M | -33.51M | -13.49M | -20.09M |
Income before tax | -133.31M | -155.71M | -119.35M | -53.3M | -103.22M |
Income tax expense | 622K | 842K | -10.27M | -1.69M | 96K |
Net income | -133.93M | -156.55M | -109.07M | -51.60M | -103.31M |
Earnings per share | |||||
Basic EPS | -1.39 | -1.61 | -1.16 | -1.42 | -4.79 |
Diluted EPS | -1.39 | -1.61 | -1.16 | -1.42 | -4.79 |
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