Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
437.85M | 430.30M | 275.95M | 192.43M | 73.22M | Gross Profit |
212.22M | 210.06M | 168.37M | 137.15M | 55.65M | EBIT |
-64.57M | -138.43M | -115.66M | -85.84M | -42.80M | EBITDA |
37.35M | -77.07M | -116.95M | -94.42M | -34.34M | Net Income Common Stockholders |
-32.83M | -133.93M | -156.56M | -109.08M | -51.61M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
191.74M | 294.01M | 251.58M | 324.99M | 196.05M | Total Assets |
813.97M | 899.39M | 1.05B | 1.03B | 268.59M | Total Debt |
403.94M | 435.74M | 444.30M | 417.43M | 47.98M | Net Debt |
236.29M | 177.32M | 229.24M | 101.69M | -148.06M | Total Liabilities |
857.19M | 935.08M | 969.70M | 820.00M | 129.18M | Stockholders Equity |
-43.23M | -35.68M | 79.35M | 214.57M | 139.41M |
Cash Flow | Free Cash Flow | |||
-32.20M | 23.83M | -28.94M | -39.47M | -51.55M | Operating Cash Flow |
-31.68M | 33.93M | -18.49M | -34.78M | -48.67M | Investing Cash Flow |
-45.06M | -56.25M | -79.68M | -263.43M | -10.67M | Financing Cash Flow |
-23.71M | 90.95M | 1.98M | 415.55M | 259.61M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
62 Neutral | $812.19M | 386.47 | 3.87% | ― | 29.74% | ― | |
58 Neutral | $11.04B | 9.83 | -6.56% | 3.16% | 7.59% | -10.43% | |
57 Neutral | $422.18M | ― | -44.89% | ― | 1.88% | -11430.00% | |
51 Neutral | $196.39M | ― | -24.82% | ― | -9.55% | 12.28% | |
49 Neutral | $138.63M | ― | -10.65% | ― | -26.16% | 2.89% | |
48 Neutral | $553.53M | ― | 75.95% | ― | 1.75% | 72.30% | |
46 Neutral | $116.55M | ― | -27.24% | ― | 13.62% | 30.25% |
On April 4, 2025, Porch Group‘s Board of Directors approved a 2025 long-term incentive program for its executive officers, allocating 75% of the grant value in performance-based restricted stock units (PRSUs) and 25% in restricted stock units (RSUs). The program aims to align executive compensation with company performance, focusing on metrics such as relative total shareholder return, adjusted EBITDA, and revenue, with vesting conditions extending to 2028. This initiative is designed to motivate exceptional financial and stock performance, aligning with stockholder value creation.
Spark’s Take on PRCH Stock
According to Spark, TipRanks’ AI Analyst, PRCH is a Neutral.
Porch Group’s overall stock score reflects its strong revenue growth and strategic initiatives towards profitability. However, persistent financial instability and valuation concerns weigh down the score. The optimistic future guidance and strategic transitions highlighted in the earnings call provide a balanced view, with potential for improvement as the company aligns its operations towards profitability.
To see Spark’s full report on PRCH stock, click here.
Porch Group reported its financial results for the fourth quarter of 2024, showing a net income of $30.5 million and an adjusted EBITDA of $41.8 million, marking significant improvements from the previous year. The company achieved a pivotal shift towards sustainable profitable growth, with operational highlights including the formation of the Porch Insurance Reciprocal Exchange and a strong increase in new business premiums, indicating a positive outlook for 2025.