Porch Group Inc
NASDAQ:PRCH
Income Statement
Earnings Waterfall
Porch Group Inc
Revenue
|
430.3m
USD
|
Cost of Revenue
|
-220.2m
USD
|
Gross Profit
|
210.1m
USD
|
Operating Expenses
|
-343.2m
USD
|
Operating Income
|
-133.1m
USD
|
Other Expenses
|
-811k
USD
|
Net Income
|
-133.9m
USD
|
Income Statement
Porch Group Inc
Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||
Revenue |
0
N/A
|
72
N/A
|
99
+37%
|
150
+52%
|
213
+42%
|
192
-10%
|
229
+19%
|
249
+9%
|
264
+6%
|
276
+5%
|
303
+10%
|
331
+9%
|
383
+16%
|
430
+12%
|
|
Gross Profit | |||||||||||||||
Cost of Revenue |
0
|
(18)
|
(24)
|
(43)
|
(62)
|
(59)
|
(78)
|
(88)
|
(102)
|
(108)
|
(138)
|
(190)
|
(210)
|
(220)
|
|
Gross Profit |
0
N/A
|
55
N/A
|
76
+38%
|
107
+42%
|
151
+41%
|
134
-11%
|
151
+13%
|
161
+7%
|
162
+0%
|
168
+4%
|
165
-2%
|
141
-15%
|
173
+23%
|
210
+22%
|
|
Operating Income | |||||||||||||||
Operating Expenses |
(4)
|
(98)
|
(149)
|
(203)
|
(256)
|
(217)
|
(234)
|
(252)
|
(267)
|
(284)
|
(291)
|
(339)
|
(345)
|
(343)
|
|
Selling, General & Administrative |
(4)
|
(98)
|
(149)
|
(203)
|
(256)
|
(217)
|
(234)
|
(252)
|
(266)
|
(284)
|
(291)
|
(339)
|
(345)
|
(343)
|
|
Operating Income |
(4)
N/A
|
(44)
-1 081%
|
(73)
-67%
|
(96)
-31%
|
(105)
-10%
|
(83)
+21%
|
(83)
+1%
|
(91)
-11%
|
(105)
-14%
|
(116)
-11%
|
(126)
-9%
|
(198)
-58%
|
(172)
+13%
|
(133)
+23%
|
|
Pre-Tax Income | |||||||||||||||
Interest Income Expense |
1
|
(15)
|
(16)
|
(17)
|
(18)
|
(5)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(16)
|
(21)
|
(24)
|
|
Non-Reccuring Items |
0
|
2
|
2
|
11
|
7
|
5
|
5
|
(3)
|
(57)
|
(61)
|
(63)
|
(37)
|
20
|
24
|
|
Total Other Income |
0
|
0
|
(35)
|
(44)
|
(33)
|
(34)
|
22
|
37
|
27
|
28
|
9
|
4
|
5
|
(0)
|
|
Pre-Tax Income |
(3)
N/A
|
(56)
-2 128%
|
(122)
-119%
|
(146)
-20%
|
(150)
-3%
|
(117)
+22%
|
(61)
+48%
|
(64)
-5%
|
(141)
-122%
|
(156)
-10%
|
(188)
-21%
|
(248)
-32%
|
(169)
+32%
|
(133)
+21%
|
|
Net Income | |||||||||||||||
Tax Provision |
0
|
2
|
2
|
10
|
12
|
10
|
10
|
2
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Income from Continuing Operations |
(3)
|
(54)
|
(120)
|
(136)
|
(138)
|
(107)
|
(51)
|
(62)
|
(141)
|
(157)
|
(189)
|
(248)
|
(169)
|
(134)
|
|
Net Income (Common) |
(3)
N/A
|
(71)
-2 446%
|
(137)
-92%
|
(153)
-12%
|
(155)
-1%
|
(107)
+31%
|
(51)
+52%
|
(62)
-22%
|
(141)
-128%
|
(157)
-11%
|
(189)
-20%
|
(248)
-32%
|
(169)
+32%
|
(134)
+21%
|
|
EPS (Diluted) |
-0.13
N/A
|
-1.96
-1 408%
|
-1.6
+18%
|
-1.6
N/A
|
-1.6
N/A
|
-1.14
+29%
|
-0.53
+54%
|
-0.64
-21%
|
-1.45
-127%
|
-1.61
-11%
|
-1.98
-23%
|
-2.59
-31%
|
-1.77
+32%
|
-1.39
+21%
|