TrueCar
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. TrueCar's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 2% to $158,706,000. The net income raised on -$49,766,000 and profit margin reached -31%. Total operating expenses were $199,317,000.
Profit Margin
| 2014 | 206.64M | -48.42M | -23.44% |
|---|---|---|---|
| 2015 | 259.83M | -64.91M | -24.98% |
| 2016 | 277.50M | -41.70M | -15.03% |
| 2017 | 323.14M | -32.84M | -10.17% |
| 2018 | 353.57M | -28.32M | -8.01% |
| 2019 | 353.88M | -54.89M | -15.51% |
| 2020 | 278.67M | -19.83M | -7.12% |
| 2021 | 231.69M | -38.36M | -16.56% |
| 2022 | 161.52M | -118.68M | -73.48% |
| 2023 | 158.70M | -49.76M | -31.36% |
TRUE Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 158.70M | 161.52M | 231.69M | 278.67M | 353.88M | 353.57M | 323.14M | 277.50M | 259.83M | 206.64M |
Cost of revenue | 15.85M | 16.21M | 22.23M | 21.54M | 33.42M | 31.15M | 28.22M | 25.16M | 23.65M | 17.51M |
Gross profit | 142.85M | 145.31M | 209.45M | 257.12M | 320.45M | 322.41M | 294.92M | 252.34M | 236.18M | 189.13M |
Operating exp. | ||||||||||
Research and development | 42.24M | 46.09M | 41.43M | 44.93M | 57.18M | 61.34M | 59.07M | 53.58M | 48.02M | 36.56M |
Selling and marketing | 99.05M | 104.53M | 136.47M | 151.91M | 229.34M | 213.41M | 185.39M | 154.40M | 151.00M | 128.56M |
Total operating expenses | 199.31M | 211.23M | 242.93M | 267.38M | 377.26M | 351.58M | 328.58M | 291.23M | 300.16M | 236.64M |
Operating income | -56.46M | -6.14M | -33.47M | -1.98M | -56.81M | -29.16M | -33.66M | -38.89M | -63.98M | -47.50M |
Other income (expenses), net | 6.71M | -115.1M | -4.68M | -1.32M | 2.21M | 665K | -1.35M | -2.15M | -323K | -284K |
Income before tax | -49.74M | -121.24M | -38.16M | -19.84M | -54.60M | -28.49M | -35.01M | -41.05M | -64.30M | -47.78M |
Income tax expense | 17K | -2.56M | 206K | -6K | 289K | -177K | -2.16M | 655K | 606K | 640K |
Net income | -49.76M | -118.68M | -38.36M | -19.83M | -54.89M | -28.32M | -32.84M | -41.70M | -64.91M | -48.42M |
Earnings per share | ||||||||||
Basic EPS | -0.55 | -1.3 | -0.39 | -0.19 | -0.52 | -0.28 | -0.35 | -0.49 | -0.79 | -0.68 |
Diluted EPS | -0.55 | -1.3 | -0.39 | -0.19 | -0.52 | -0.28 | -0.35 | -0.49 | -0.79 | -0.68 |
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