Porch Group (PRCH) Financials

$12.30 -0.14 (-1.13%)

Closing price 07/3/2025 03:49 PM Eastern

Extended Trading

$12.30 0.00 (0.00%)

As of 07/3/2025 04:10 PM Eastern

Annual Income Statements for Porch Group

This table shows Porch Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024
Period end date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-103	-71	-107	-157	-134	-33
Consolidated Net Income / (Loss)	-103	-54	-107	-157	-134	-33
Net Income / (Loss) Continuing Operations	-103	-54	-107	-157	-134	-33
Total Pre-Tax Income	-103	-56	-117	-156	-133	-31
Total Operating Income	-88	-42	-83	-177	-190	-65
Total Gross Profit	56	55	133	168	173	212
Total Revenue	78	72	192	276	430	438
Operating Revenue	78	72	192	276	430	438
Total Cost of Revenue	22	18	60	108	257	226
Operating Cost of Revenue	22	18	59	108	220	226
Other Cost of Revenue	-	-	1.06	0.81	37	0.24
Total Operating Expenses	144	97	216	345	363	277
Selling, General & Admin Expense	52	28	85	110	103	98
Marketing Expense	56	42	84	114	144	123
Other Operating Expenses / (Income)	36	27	47	60	59	55
Impairment Charge	-	0.00	0.00	61	57	0.00
Total Other Income / (Expense), net	-15	-13	-34	21	57	34
Interest Expense	7.62	8.99	0.65	8.72	-50	15
Interest & Investment Income	0.00	0.00	0.70	1.17	8.29	14
Other Income / (Expense), net	-7.48	-4.50	-34	29	-0.77	35
Income Tax Expense	0.10	-1.69	-10	0.84	0.62	2.12
Basic Earnings per Share	($3.31)	($1.96)	($1.14)	($1.61)	($1.39)	($0.33)
Weighted Average Basic Shares Outstanding	31.17M	36.34M	93.89M	97.35M	96.06M	99.59M
Diluted Earnings per Share	($3.31)	($2.03)	($1.14)	($1.61)	($1.39)	($0.33)
Weighted Average Diluted Shares Outstanding	31.17M	36.37M	93.89M	97.35M	96.06M	99.59M
Weighted Average Basic & Diluted Shares Outstanding	-	89.42M	98.14M	96.98M	97.60M	120.06M

This table shows Porch Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-84	-35	-39	-87	-5.74	-2.49	-13	-64	14	30	8.40
Consolidated Net Income / (Loss)	-84	-35	-39	-87	-5.74	-2.49	-13	-64	14	30	3.74
Net Income / (Loss) Continuing Operations	-84	-35	-39	-87	-5.74	-2.49	-13	-64	14	30	3.74
Total Pre-Tax Income	-84	-35	-39	-87	-5.63	-1.90	-13	-64	14	32	4.64
Total Operating Income	-83	-34	-39	-159	0.20	7.38	-35	-52	-2.50	25	-1.27
Total Gross Profit	44	43	36	-31	83	85	37	20	64	88	65
Total Revenue	77	64	87	99	130	115	115	111	111	100	105
Operating Revenue	77	64	87	99	130	115	115	111	111	100	105
Total Cost of Revenue	33	21	51	130	46	30	78	91	47	12	39
Operating Cost of Revenue	33	20	51	81	53	35	78	92	47	11	39
Total Operating Expenses	127	77	75	128	83	77	72	72	67	63	67
Selling, General & Admin Expense	25	30	26	23	29	26	26	24	25	23	24
Marketing Expense	31	28	33	35	40	37	34	33	27	28	30
Research & Development Expense	-	-	-	-	-	-	12	-	-	-	13
Total Other Income / (Expense), net	-1.58	-1.11	-0.32	72	-5.83	-9.28	21	-11	17	6.83	5.91
Interest Expense	2.15	2.22	2.19	-73	10	11	5.90	10	-12	11	11
Interest & Investment Income	0.34	0.40	0.76	1.25	2.49	3.79	3.64	3.53	3.79	2.74	2.81
Other Income / (Expense), net	0.24	0.72	1.11	-1.36	1.96	-2.47	24	-4.36	1.02	15	14
Income Tax Expense	-0.02	0.57	-0.11	0.03	0.12	0.59	0.18	0.69	-0.18	1.43	0.90
Net Income / (Loss) Attributable to Noncontrolling Interest	-	-	-	-	-	-	0.00	-	-	-	-4.66
Basic Earnings per Share	($0.86)	($0.37)	($0.41)	($0.91)	($0.06)	($0.01)	($0.14)	($0.65)	$0.14	$0.32	$0.08
Weighted Average Basic Shares Outstanding	97.79M	97.35M	95.21M	95.73M	98.87M	96.06M	99.19M	99.19M	119.54M	99.59M	121.54M
Diluted Earnings per Share	($0.86)	($0.37)	($0.41)	($0.91)	($0.06)	($0.01)	($0.14)	($0.65)	$0.12	$0.34	$0.07
Weighted Average Diluted Shares Outstanding	97.79M	97.35M	95.21M	95.73M	98.87M	96.06M	99.19M	99.19M	119.54M	99.59M	121.54M
Weighted Average Basic & Diluted Shares Outstanding	100.55M	96.98M	97.82M	98.43M	98.87M	97.60M	99.19M	118.77M	119.54M	120.06M	121.54M

This table details how cash moves in and out of Porch Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024
Period end date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-0.06	200	117	-96	69	-100
Net Cash From Operating Activities	-29	-49	-35	-18	34	-32
Net Cash From Continuing Operating Activities	-29	-49	-35	-18	34	-32
Net Income / (Loss) Continuing Operations	-103	-54	-107	-157	-134	-33
Consolidated Net Income / (Loss)	-103	-54	-107	-157	-134	-33
Depreciation Expense	7.38	6.64	16	28	24	26
Non-Cash Adjustments To Reconcile Net Income	53	15	49	109	48	-5.11
Changes in Operating Assets and Liabilities, net	13	-16	6.38	2.07	95	-19
Net Cash From Investing Activities	-5.21	-11	-263	-80	-56	-45
Net Cash From Continuing Investing Activities	-5.21	-11	-263	-80	-56	-45
Purchase of Property, Plant & Equipment	-4.57	-2.88	-4.69	-10	-10	-13
Acquisitions	0.12	-7.79	-256	-39	-1.97	0.00
Purchase of Investments	0.00	0.00	-24	-53	-91	-111
Divestitures	-0.75	-	-	0.00	0.00	11
Sale and/or Maturity of Investments	0.00	0.00	22	22	47	68
Net Cash From Financing Activities	34	260	416	1.23	91	-24
Net Cash From Continuing Financing Activities	34	259	416	1.23	91	-24
Repayment of Debt	-0.20	-82	-43	-31	-20	-24
Repurchase of Common Equity	0.00	-0.04	0.00	-1.81	-5.61	0.00
Issuance of Debt	31	66	414	15	117	0.00
Other Financing Activities, net	0.11	299	45	19	0.32	0.00
Cash Interest Paid	3.47	9.10	2.66	3.51	12	24
Cash Income Taxes Paid	-	0.00	0.00	-0.67	-2.29	0.62

This table details how cash moves in and out of Porch Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Change in Cash & Equivalents	-5.08	-48	-34	111	57	-64	19	-31	-69	-20	-31
Net Cash From Operating Activities	-6.20	-7.38	-22	13	84	-41	8.47	-26	12	-27	-11
Net Cash From Continuing Operating Activities	-6.20	-7.38	-22	13	84	-41	8.47	-26	12	-27	-11
Net Income / (Loss) Continuing Operations	-84	-35	-39	-87	-5.74	-2.49	-13	-64	14	30	3.74
Consolidated Net Income / (Loss)	-84	-35	-39	-87	-5.74	-2.49	-13	-64	14	30	3.74
Depreciation Expense	8.68	6.36	6.02	6.21	6.27	5.91	6.32	6.20	6.05	6.95	5.99
Non-Cash Adjustments To Reconcile Net Income	76	9.24	25	88	-27	-37	33	53	-37	-41	16
Changes in Operating Assets and Liabilities, net	-6.36	12	-14	6.03	110	-6.94	-18	-21	29	-23	-37
Net Cash From Investing Activities	-8.04	-33	-5.15	-2.80	-26	-22	13	-3.93	-61	7.15	-19
Net Cash From Continuing Investing Activities	-8.04	-33	-5.15	-2.80	-26	-22	13	-3.93	-61	7.15	-19
Purchase of Property, Plant & Equipment	-2.75	-2.66	-2.78	-2.62	-2.29	-2.40	-2.36	-3.19	-3.38	-3.87	-3.35
Purchase of Investments	-5.89	-33	-	-	-36	-31	4.71	-	-79	-13	-41
Sale and/or Maturity of Investments	5.55	4.11	-0.39	23	12	12	10	18	21	24	25
Net Cash From Financing Activities	9.15	-7.77	-7.27	100	-0.56	-1.46	-2.50	-0.63	-20	-0.44	-0.23
Net Cash From Continuing Financing Activities	9.15	-7.77	-7.27	100	-0.56	-1.46	-2.50	-0.63	-20	-0.44	-0.23
Repayment of Debt	-12	-9.49	-0.70	-15	-3.24	-1.46	-2.50	-0.63	-20	-0.44	-0.23
Cash Interest Paid	1.59	0.33	1.80	0.48	-0.12	10	0.97	11	0.46	11	0.01
Cash Income Taxes Paid	-	-	2.38	-4.68	-0.08	0.09	0.17	0.71	0.01	0.08	0.09

This table presents Porch Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024
Period end date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	48	268	1,039	1,049	899	814
Total Current Assets	10	216	605	611	481	365
Cash & Equivalents	4.18	196	316	215	258	168
Restricted Cash	0.00	11	8.55	14	39	29
Short-Term Investments	-	0.00	9.25	37	36	24
Accounts Receivable	4.71	4.27	29	26	24	19
Prepaid Expenses	1.29	4.08	14	11	13	33
Other Current Assets	-	0.00	228	308	111	92
Plant, Property, & Equipment, net	6.66	4.59	6.67	12	17	23
Total Noncurrent Assets	32	48	427	426	401	623
Long-Term Investments	-	0.00	58	55	104	159
Goodwill	18	28	226	245	192	192
Intangible Assets	9.83	16	130	108	87	69
Other Noncurrent Operating Assets	3.53	0.38	5.69	5.85	19	204
Total Liabilities & Shareholders' Equity	48	268	1,039	1,049	899	814
Total Liabilities	108	161	822	970	935	857
Total Current Liabilities	57	32	363	516	462	414
Short-Term Debt	20	4.75	0.15	16	0.24	0.15
Accounts Payable	4.81	9.20	6.97	6.27	8.76	4.54
Accrued Expenses	17	9.91	38	40	59	41
Customer Deposits	3.17	2.66	15	20	18	13
Current Deferred Revenue	3.33	5.21	201	271	249	249
Other Current Liabilities	-	0.00	102	162	127	107
Total Noncurrent Liabilities	51	129	459	454	473	443
Long-Term Debt	41	43	415	425	435	404
Noncurrent Deferred Revenue	-	0.53	-	-	-	0.00
Other Noncurrent Operating Liabilities	10	86	44	29	37	39
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-60	107	217	79	-36	-43
Total Preferred & Common Equity	-60	107	217	79	-36	-43
Total Common Equity	-60	107	217	79	-36	-43
Common Stock	203	425	641	671	690	717
Retained Earnings	-263	-318	-424	-585	-722	-755
Accumulated Other Comprehensive Income / (Loss)	-	0.00	-0.26	-6.17	-3.86	-5.45
Noncontrolling Interest	-	-	-	-	-	0.00

This table presents Porch Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2022	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025
Period end date	6/30/2022	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025
Total Assets	1,120	1,072	1,017	1,047	967	881	876	867	802
Total Current Assets	625	646	576	658	562	480	480	407	111
Cash & Equivalents	271	260	179	266	343	279	274	207	66
Restricted Cash	11	16	15	39	19	37	11	9.95	17
Short-Term Investments	8.17	7.21	34	26	29	31	34	32	4.51
Accounts Receivable	38	37	24	25	27	21	21	21	12
Prepaid Expenses	23	21	31	30	46	17	18	17	12
Other Current Assets	274	304	293	272	98	96	121	120	94
Plant, Property, & Equipment, net	9.98	11	14	15	16	18	19	21	24
Total Noncurrent Assets	479	415	427	375	390	383	377	439	429
Long-Term Investments	56	55	59	67	87	103	101	166	192
Goodwill	274	228	247	192	192	192	192	192	192
Intangible Assets	137	112	102	97	92	83	78	73	38
Other Noncurrent Operating Assets	2.02	8.25	6.50	5.71	5.75	5.60	5.58	8.14	7.09
Total Liabilities & Shareholders' Equity	1,120	1,072	1,017	1,047	967	881	876	867	802
Total Liabilities	921	957	971	1,084	1,005	925	978	944	834
Total Current Liabilities	469	504	517	604	522	444	487	492	73
Short-Term Debt	0.15	6.28	10	5.44	1.65	0.15	0.15	0.15	0.00
Accounts Payable	7.74	6.72	6.20	9.33	9.05	5.25	3.13	5.15	5.67
Accrued Expenses	48	37	39	34	42	53	46	47	47
Customer Deposits	19	20	21	20	19	16	14	13	13
Current Deferred Revenue	243	278	247	257	265	216	223	252	8.01
Other Current Liabilities	150	156	194	279	184	153	200	174	72
Total Noncurrent Liabilities	448	454	455	480	483	481	491	453	687
Long-Term Debt	417	425	425	427	431	432	437	399	409
Noncurrent Deferred Revenue	-	-	-	-	-	-	-	-	215
Other Noncurrent Operating Liabilities	32	29	29	53	52	49	54	54	63
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	199	115	45	-37	-37	-44	-102	-77	-32
Total Preferred & Common Equity	199	115	45	-37	-37	-44	-102	-77	-52
Total Common Equity	199	115	45	-37	-37	-44	-102	-77	-52
Common Stock	660	664	677	683	690	696	703	709	584
Retained Earnings	-456	-543	-627	-714	-720	-735	-800	-785	-637
Accumulated Other Comprehensive Income / (Loss)	-4.56	-6.57	-5.30	-6.08	-7.64	-4.69	-4.90	-1.06	0.28
Noncontrolling Interest	-	-	-	-	-	-	-	-	20

This table displays calculated financial ratios and metrics derived from Porch Group's official financial filings.

Metric	2019	2020	2021	2022	2023	2024
Period end date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-
Revenue Growth	0.00%	-6.83%	166.16%	43.40%	55.94%	1.75%
EBITDA Growth	0.00%	54.56%	-150.80%	-19.58%	-38.65%	97.73%
EBIT Growth	0.00%	51.12%	-150.20%	-26.71%	-28.99%	84.66%
NOPAT Growth	0.00%	52.08%	-97.40%	-112.38%	-7.52%	66.08%
Net Income Growth	0.00%	47.70%	-97.30%	-46.86%	14.45%	75.49%
EPS Growth	0.00%	38.67%	43.84%	-41.23%	13.66%	76.26%
Operating Cash Flow Growth	0.00%	-65.91%	28.54%	49.00%	291.30%	-193.38%
Free Cash Flow Firm Growth	0.00%	0.00%	-1,892.83%	75.77%	222.48%	-160.33%
Invested Capital Growth	0.00%	-1,616.43%	560.09%	-16.27%	-118.10%	48.23%
Revenue Q/Q Growth	0.00%	0.00%	20.69%	4.76%	13.30%	-3.15%
EBITDA Q/Q Growth	0.00%	0.00%	4.64%	-12.39%	18.38%	90.50%
EBIT Q/Q Growth	0.00%	0.00%	2.63%	-10.44%	16.58%	54.45%
NOPAT Q/Q Growth	0.00%	0.00%	2.16%	-9.67%	17.78%	21.51%
Net Income Q/Q Growth	0.00%	0.00%	0.35%	-10.88%	19.76%	50.10%
EPS Q/Q Growth	0.00%	0.00%	45.19%	-17.52%	20.57%	51.47%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	52.60%	-419.81%	-49.75%	31.20%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	56.15%	-17.94%	-34.76%
Invested Capital Q/Q Growth	0.00%	0.00%	89.30%	-3.12%	55.36%	79.65%
Profitability Metrics	-	-	-	-	-	-
Gross Margin	72.29%	75.71%	68.93%	60.72%	40.18%	48.41%
EBITDA Margin	-113.70%	-55.45%	-52.25%	-43.57%	-38.74%	-0.86%
Operating Margin	-113.57%	-58.41%	-43.32%	-64.16%	-44.24%	-14.75%
EBIT Margin	-123.21%	-64.64%	-60.77%	-53.69%	-44.42%	-6.69%
Profit (Net Income) Margin	-133.15%	-74.73%	-55.40%	-56.74%	-31.13%	-7.50%
Tax Burden Percent	100.09%	96.97%	91.21%	100.54%	100.47%	106.89%
Interest Burden Percent	107.97%	119.23%	99.95%	105.09%	69.75%	104.79%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	-62.16%	-56.23%	-161.98%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	8.49%	-101.43%	-163.12%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	-3.57%	-49.41%	-451.40%	0.00%
Return on Equity (ROE)	172.26%	-228.24%	-65.73%	-105.64%	-613.39%	83.21%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	-146.06%	-38.52%	0.00%	0.00%
Operating Return on Assets (OROA)	-197.26%	-29.50%	-17.89%	-14.19%	-19.62%	-3.42%
Return on Assets (ROA)	-213.17%	-34.11%	-16.31%	-15.00%	-13.75%	-3.83%
Return on Common Equity (ROCE)	172.26%	-228.24%	-65.73%	-105.64%	-613.39%	83.21%
Return on Equity Simple (ROE_SIMPLE)	172.26%	-50.34%	-49.12%	-197.29%	375.34%	75.95%
Net Operating Profit after Tax (NOPAT)	-62	-30	-58	-124	-133	-45
NOPAT Margin	-79.50%	-40.89%	-30.33%	-44.91%	-30.97%	-10.32%
Net Nonoperating Expense Percent (NNEP)	73.12%	-47.73%	-70.64%	45.19%	1.13%	-104.24%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-23.78%	-33.31%	-12.53%
Cost of Revenue to Revenue	27.71%	24.29%	31.07%	39.28%	59.82%	51.59%
SG&A Expenses to Revenue	67.03%	39.00%	44.04%	39.80%	23.98%	22.47%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	185.86%	134.12%	112.26%	124.88%	84.41%	63.16%
Earnings before Interest and Taxes (EBIT)	-96	-47	-117	-148	-191	-29
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-88	-40	-101	-120	-167	-3.79
Valuation Ratios	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	2.87	7.04	2.38	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	4.88	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.93	4.26	7.94	0.69	0.71	1.34
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	6.47	1.55	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	2.67	2.05	8.06	1.13	0.71	1.40
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	8.96	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	7.58	0.00	0.00	2.92	0.00
Leverage & Solvency	-	-	-	-	-	-
Debt to Equity	-1.02	0.45	1.91	5.57	-12.21	-9.35
Long-Term Debt to Equity	-0.68	0.40	1.91	5.36	-12.20	-9.34
Financial Leverage	-0.95	-2.17	-0.42	0.49	2.77	-0.30
Leverage Ratio	-0.81	6.69	4.03	7.04	44.62	-21.71
Compound Leverage Factor	-0.87	7.98	4.03	7.40	31.12	-22.75
Debt to Total Capital	5,356.70%	30.90%	65.65%	84.77%	108.92%	111.98%
Short-Term Debt to Total Capital	1,793.25%	3.06%	0.02%	3.16%	0.06%	0.04%
Long-Term Debt to Total Capital	3,563.45%	27.84%	65.62%	81.61%	108.86%	111.94%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	-5,256.70%	69.10%	34.35%	15.23%	-8.92%	-11.98%
Debt to EBITDA	-0.69	-1.20	-4.12	-3.67	-2.61	-106.66
Net Debt to EBITDA	-0.65	3.98	-0.23	-1.01	0.00	-6.44
Long-Term Debt to EBITDA	-0.46	-1.08	-4.12	-3.54	-2.61	-106.62
Debt to NOPAT	-0.99	-1.62	-7.11	-3.56	-3.27	-8.94
Net Debt to NOPAT	-0.92	5.39	-0.39	-0.98	0.01	-0.54
Long-Term Debt to NOPAT	-0.66	-1.46	-7.10	-3.43	-3.27	-8.93
Altman Z-Score	-12.86	0.01	0.64	-0.76	-1.13	-0.54
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-
Current Ratio	0.18	6.80	1.67	1.18	1.04	0.88
Quick Ratio	0.15	6.31	0.97	0.54	0.69	0.51
Cash Flow Metrics	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	20	-350	-85	104	-63
Operating Cash Flow to CapEx	-641.34%	-1,689.90%	-741.36%	-169.72%	336.06%	-247.61%
Free Cash Flow to Firm to Interest Expense	0.00	2.18	-541.60	-9.73	0.00	-4.15
Operating Cash Flow to Interest Expense	-3.85	-5.42	-53.75	-2.03	0.00	-2.10
Operating Cash Flow Less CapEx to Interest Expense	-4.45	-5.74	-61.00	-3.23	0.00	-2.95
Efficiency Ratios	-	-	-	-	-	-
Asset Turnover	1.60	0.46	0.29	0.26	0.44	0.51
Accounts Receivable Turnover	16.47	16.11	11.65	10.00	16.97	20.18
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	11.65	12.85	34.18	29.19	29.57	22.22
Accounts Payable Turnover	4.47	2.51	7.39	16.38	34.26	33.97
Days Sales Outstanding (DSO)	22.16	22.66	31.33	36.51	21.51	18.09
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	81.59	145.58	49.36	22.28	10.65	10.75
Cash Conversion Cycle (CCC)	-59.43	-122.92	-18.03	14.23	10.86	7.34
Capital & Investment Metrics	-	-	-	-	-	-
Invested Capital	-3.04	-52	240	201	-36	-19
Invested Capital Turnover	-25.54	-2.62	2.05	1.25	5.23	-15.87
Increase / (Decrease) in Invested Capital	0.00	-49	292	-39	-237	18
Enterprise Value (EV)	207	148	1,552	311	304	613
Market Capitalization	150	308	1,529	189	305	588
Book Value per Share	($1.92)	$4.98	$2.21	$0.79	($0.36)	($0.36)
Tangible Book Value per Share	($2.83)	$2.93	($1.41)	($2.72)	($3.18)	($2.54)
Total Capital	1.14	155	632	521	400	361
Total Debt	61	48	415	442	436	404
Total Long-Term Debt	41	43	415	425	435	404
Net Debt	57	-159	23	122	-0.67	24
Capital Expenditures (CapEx)	4.57	2.88	4.69	10	10	13
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-31	-19	-91	-154	-314	-270
Debt-free Net Working Capital (DFNWC)	-27	189	242	111	19	-49
Net Working Capital (NWC)	-47	184	242	95	19	-49
Net Nonoperating Expense (NNE)	42	24	48	33	0.69	-12
Net Nonoperating Obligations (NNO)	57	-159	23	122	-0.67	24
Total Depreciation and Amortization (D&A)	7.38	6.64	16	28	24	26
Debt-free, Cash-free Net Working Capital to Revenue	-39.96%	-25.77%	-47.52%	-55.69%	-72.89%	-61.61%
Debt-free Net Working Capital to Revenue	-34.57%	261.17%	125.81%	40.39%	4.46%	-11.16%
Net Working Capital to Revenue	-60.94%	254.60%	125.73%	34.43%	4.40%	-11.20%
Earnings Adjustments	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	($1.14)	$0.00	($1.39)	($0.33)
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	93.88M	0.00	96.06M	99.59M
Adjusted Diluted Earnings per Share	$0.00	$0.00	($1.14)	$0.00	($1.39)	($0.33)
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	93.88M	0.00	96.06M	99.59M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	98.14M	0.00	97.60M	120.06M
Normalized Net Operating Profit after Tax (NOPAT)	-62	-30	-58	-81	-93	-45
Normalized NOPAT Margin	-79.50%	-40.89%	-30.33%	-29.34%	-21.66%	-10.32%
Pre Tax Income Margin	-133.03%	-77.07%	-60.74%	-56.43%	-30.98%	-7.01%
Debt Service Ratios	-	-	-	-	-	-
EBIT to Interest Expense	-12.55	-5.20	-180.73	-16.99	0.00	-1.94
NOPAT to Interest Expense	-8.10	-3.29	-90.19	-14.21	0.00	-2.99
EBIT Less CapEx to Interest Expense	-13.15	-5.52	-187.98	-18.18	0.00	-2.79
NOPAT Less CapEx to Interest Expense	-8.70	-3.61	-97.44	-15.41	0.00	-3.84
Payout Ratios	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	-55.52%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	-55.60%	0.00%	-1.16%	-4.19%	0.00%

This table displays calculated financial ratios and metrics derived from Porch Group's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	23.23%	24.29%	37.44%	39.27%	67.49%	78.77%	32.13%	12.23%	-14.17%	-12.43%	-9.27%
EBITDA Growth	-2,550.53%	-98.40%	-7,971.18%	-723.86%	111.39%	140.49%	85.31%	67.24%	-45.87%	333.42%	513.00%
EBIT Growth	-3,670.22%	-73.48%	-417.44%	-538.58%	102.61%	114.83%	70.79%	64.65%	-169.08%	714.06%	219.60%
NOPAT Growth	-557.35%	-85.92%	-34.45%	-403.20%	100.24%	121.84%	10.02%	67.08%	-1,920.73%	363.66%	95.80%
Net Income Growth	-1,556.72%	-76.39%	-317.23%	-218.25%	93.20%	92.99%	65.51%	26.03%	350.38%	1,325.82%	127.96%
EPS Growth	-975.00%	-184.62%	-310.00%	-225.00%	93.02%	97.30%	65.85%	28.57%	300.00%	3,500.00%	150.00%
Operating Cash Flow Growth	43.39%	-206.40%	-43.05%	17.87%	1,450.47%	-454.83%	138.42%	-295.94%	-85.15%	35.07%	-232.05%
Free Cash Flow Firm Growth	-579.59%	105.05%	113.17%	166.63%	308.38%	1,475.55%	481.28%	-69.93%	-97.06%	-97.35%	-108.41%
Invested Capital Growth	63.60%	-16.27%	-25.62%	-100.72%	-139.27%	-118.10%	-131.81%	-4,386.44%	-13.56%	48.23%	29.88%
Revenue Q/Q Growth	9.08%	-17.12%	36.27%	13.04%	31.18%	-11.53%	0.73%	-3.98%	0.32%	-9.75%	4.37%
EBITDA Q/Q Growth	-294.51%	63.89%	-17.52%	-392.10%	105.45%	28.42%	-142.65%	-997.14%	109.01%	928.28%	-59.36%
EBIT Q/Q Growth	-228.43%	59.99%	-13.12%	-329.60%	101.34%	127.81%	-322.78%	-419.90%	97.38%	2,784.54%	-67.27%
NOPAT Q/Q Growth	-161.75%	59.24%	-14.01%	-313.74%	100.12%	3,608.54%	-569.76%	-51.38%	93.10%	1,044.41%	-104.26%
Net Income Q/Q Growth	-209.15%	58.01%	-9.21%	-124.48%	93.39%	56.72%	-437.49%	-381.39%	122.36%	111.89%	-87.74%
EPS Q/Q Growth	-207.14%	56.98%	-10.81%	-121.95%	93.41%	83.33%	-1,300.00%	-364.29%	118.46%	183.33%	-79.41%
Operating Cash Flow Q/Q Growth	-155.10%	-19.17%	-198.36%	160.16%	531.32%	-148.96%	120.66%	-406.79%	147.84%	-314.10%	57.98%
Free Cash Flow Firm Q/Q Growth	41.39%	111.10%	158.48%	296.41%	83.29%	-16.10%	-4.64%	-79.49%	-82.06%	-24.48%	-402.66%
Invested Capital Q/Q Growth	-22.43%	-3.12%	-3.53%	-100.99%	-4,145.52%	55.36%	-69.55%	-39.61%	-7.46%	79.65%	-129.65%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	57.19%	67.72%	41.31%	-31.67%	64.40%	73.84%	32.12%	17.88%	57.70%	88.08%	62.48%
EBITDA Margin	-95.67%	-41.68%	-35.95%	-156.48%	6.50%	9.44%	-4.00%	-45.68%	4.10%	46.73%	18.20%
Operating Margin	-107.19%	-52.71%	-44.10%	-161.40%	0.15%	6.44%	-30.03%	-47.34%	-2.25%	24.99%	-1.21%
EBIT Margin	-106.89%	-51.60%	-42.83%	-162.77%	1.66%	4.28%	-9.47%	-51.27%	-1.34%	39.80%	12.48%
Profit (Net Income) Margin	-109.21%	-55.33%	-44.34%	-88.05%	-4.43%	-2.17%	-11.57%	-58.03%	12.93%	30.36%	3.57%
Tax Burden Percent	99.97%	101.64%	99.71%	100.03%	102.06%	130.98%	101.35%	101.08%	101.29%	95.51%	80.53%
Interest Burden Percent	102.20%	105.50%	103.82%	54.08%	-261.28%	-38.68%	120.60%	111.96%	-954.23%	79.88%	35.48%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-1.29%	4.49%	19.47%
Return on Invested Capital (ROIC)	-118.33%	-46.20%	-40.74%	-278.93%	0.65%	23.58%	-145.84%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	-316.42%	-62.57%	-52.86%	-231.19%	-23.88%	10.91%	-129.15%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	-27.47%	-30.48%	-39.45%	-146.98%	-14.70%	30.20%	-11,906.48%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	-145.80%	-76.68%	-80.18%	-425.92%	-14.05%	53.78%	-12,052.32%	123.93%	115.19%	83.21%	41.45%
Cash Return on Invested Capital (CROIC)	-115.90%	-38.52%	-28.22%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	-26.53%	-13.64%	-12.50%	-49.21%	0.62%	1.89%	-4.57%	-25.09%	-0.66%	20.34%	6.33%
Return on Assets (ROA)	-27.10%	-14.63%	-12.95%	-26.62%	-1.65%	-0.96%	-5.59%	-28.39%	6.37%	15.52%	1.81%
Return on Common Equity (ROCE)	-145.80%	-76.68%	-80.18%	-425.92%	-14.05%	53.78%	-12,052.32%	123.93%	115.19%	83.21%	52.57%
Return on Equity Simple (ROE_SIMPLE)	-122.65%	0.00%	-410.84%	668.59%	448.95%	0.00%	247.51%	84.31%	85.39%	0.00%	30.01%
Net Operating Profit after Tax (NOPAT)	-58	-24	-27	-112	0.14	5.17	-24	-37	-2.54	24	-1.02
NOPAT Margin	-75.04%	-36.90%	-30.87%	-112.98%	0.11%	4.51%	-21.02%	-33.14%	-2.28%	23.87%	-0.97%
Net Nonoperating Expense Percent (NNEP)	198.09%	16.37%	12.13%	-47.74%	24.53%	12.66%	-16.68%	108.86%	56.70%	-54.95%	32.85%
Return On Investment Capital (ROIC_SIMPLE)	-	-4.54%	-	-	-	1.29%	-6.25%	-	-	6.64%	-0.27%
Cost of Revenue to Revenue	42.81%	32.28%	58.69%	131.67%	35.60%	26.16%	67.88%	82.12%	42.30%	11.92%	37.52%
SG&A Expenses to Revenue	32.43%	46.38%	29.83%	23.06%	22.12%	22.41%	22.09%	21.99%	22.37%	22.68%	22.91%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	10.65%	0.00%	0.00%	0.00%	12.60%
Operating Expenses to Revenue	164.39%	120.44%	85.41%	129.72%	64.25%	67.40%	62.15%	65.23%	59.95%	63.09%	63.69%
Earnings before Interest and Taxes (EBIT)	-83	-33	-37	-161	2.15	4.91	-11	-57	-1.49	40	13
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-74	-27	-31	-155	8.43	11	-4.62	-51	4.56	47	19
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.95	2.38	3.06	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.85	0.69	0.46	0.41	0.21	0.71	0.92	0.32	0.40	1.34	2.05
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.53	1.55	1.48	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	1.20	1.13	0.96	0.52	0.09	0.71	0.88	0.35	0.37	1.40	2.40
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	51.54
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.51	8.96	6.25	6.57	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	3.47	0.27	2.92	3.23	5.83	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	3.75	5.57	9.62	-11.77	-11.64	-12.21	-9.86	-4.29	-5.18	-9.35	-12.77
Long-Term Debt to Equity	3.69	5.36	9.40	-11.62	-11.60	-12.20	-9.85	-4.28	-5.18	-9.34	-12.77
Financial Leverage	0.09	0.49	0.75	0.64	0.62	2.77	92.19	-0.37	0.52	-0.30	0.38
Leverage Ratio	6.91	7.04	7.89	13.36	26.17	44.62	1,338.38	-13.87	-16.06	-21.71	-22.18
Compound Leverage Factor	7.06	7.43	8.19	7.22	-68.38	-17.26	1,614.09	-15.53	153.27	-17.34	-7.87
Debt to Total Capital	78.93%	84.77%	90.59%	109.29%	109.40%	108.92%	111.29%	130.43%	123.93%	111.98%	108.50%
Short-Term Debt to Total Capital	1.15%	3.16%	2.16%	1.37%	0.42%	0.06%	0.04%	0.04%	0.05%	0.04%	0.00%
Long-Term Debt to Total Capital	77.78%	81.61%	88.43%	107.91%	108.98%	108.86%	111.25%	130.39%	123.88%	111.94%	108.50%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	5.40%
Common Equity to Total Capital	21.07%	15.23%	9.41%	-9.29%	-9.40%	-8.92%	-11.29%	-30.43%	-23.93%	-11.98%	-13.90%
Debt to EBITDA	-4.03	-3.67	-2.89	-1.51	-2.12	-2.61	-3.09	-12.13	-10.01	-106.66	20.57
Net Debt to EBITDA	-0.86	-1.01	-0.98	-0.12	0.22	0.00	0.13	-0.44	0.39	-6.44	6.50
Long-Term Debt to EBITDA	-3.97	-3.54	-2.82	-1.49	-2.11	-2.61	-3.09	-12.13	-10.01	-106.62	20.57
Debt to NOPAT	-3.82	-3.56	-3.33	-1.96	-2.67	-3.27	-3.31	-7.84	-6.93	-8.94	-18.75
Net Debt to NOPAT	-0.82	-0.98	-1.14	-0.16	0.27	0.01	0.14	-0.28	0.27	-0.54	-5.93
Long-Term Debt to NOPAT	-3.76	-3.43	-3.25	-1.94	-2.66	-3.27	-3.31	-7.84	-6.93	-8.93	-18.75
Altman Z-Score	-0.42	-0.40	-0.53	-1.01	-0.54	-0.41	-0.37	-0.87	-0.75	-0.26	0.16
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-26.83%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.28	1.18	1.11	1.09	1.08	1.04	1.08	0.99	0.83	0.88	1.52
Quick Ratio	0.60	0.54	0.46	0.52	0.76	0.69	0.75	0.68	0.53	0.51	1.13
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-139	15	40	158	289	242	231	47	8.50	6.42	-19
Operating Cash Flow to CapEx	-224.98%	-277.49%	-791.63%	505.11%	3,650.74%	-1,709.18%	359.30%	-814.62%	367.93%	-686.68%	-334.07%
Free Cash Flow to Firm to Interest Expense	-64.43	6.93	18.17	0.00	28.14	22.87	39.20	4.59	0.00	0.60	-1.73
Operating Cash Flow to Interest Expense	-2.88	-3.33	-10.07	0.00	8.15	-3.87	1.44	-2.52	0.00	-2.47	-0.99
Operating Cash Flow Less CapEx to Interest Expense	-4.16	-4.53	-11.34	0.00	7.93	-4.09	1.04	-2.82	0.00	-2.83	-1.29
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.25	0.26	0.29	0.30	0.37	0.44	0.48	0.49	0.49	0.51	0.51
Accounts Receivable Turnover	7.45	10.00	11.19	10.37	11.88	16.97	20.65	20.39	18.76	20.18	25.85
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	27.89	29.19	27.17	26.47	28.24	29.57	29.28	27.64	24.57	22.22	20.40
Accounts Payable Turnover	16.81	16.38	18.91	27.55	31.47	34.26	49.70	38.99	34.35	33.97	34.20
Days Sales Outstanding (DSO)	48.96	36.51	32.63	35.20	30.72	21.51	17.68	17.90	19.46	18.09	14.12
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	21.72	22.28	19.30	13.25	11.60	10.65	7.34	9.36	10.63	10.75	10.67
Cash Conversion Cycle (CCC)	27.25	14.23	13.33	21.95	19.12	10.86	10.33	8.54	8.84	7.34	3.45
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	207	201	194	-1.92	-81	-36	-62	-86	-92	-19	-43
Invested Capital Turnover	1.58	1.25	1.32	2.47	6.03	5.23	6.94	-10.70	-5.20	-15.87	-8.15
Increase / (Decrease) in Invested Capital	81	-39	-67	-269	-289	-237	-255	-84	-11	18	18
Enterprise Value (EV)	317	311	287	170	35	304	403	166	167	613	1,025
Market Capitalization	224	189	139	135	79	305	421	150	182	588	875
Book Value per Share	$1.15	$0.79	$0.47	($0.38)	($0.38)	($0.36)	($0.45)	($1.03)	($0.65)	($0.36)	($0.44)
Tangible Book Value per Share	($2.25)	($2.72)	($3.13)	($3.33)	($3.26)	($3.18)	($3.26)	($3.75)	($2.88)	($2.54)	($2.35)
Total Capital	546	521	481	396	396	400	388	335	322	361	377
Total Debt	431	442	436	432	433	436	432	437	399	404	409
Total Long-Term Debt	425	425	425	427	431	435	432	437	399	404	409
Net Debt	92	122	149	35	-44	-0.67	-18	16	-15	24	129
Capital Expenditures (CapEx)	2.75	2.66	2.78	2.62	2.29	2.40	2.36	3.19	3.38	3.87	3.35
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-135	-154	-159	-271	-349	-314	-311	-326	-333	-270	-49
Debt-free Net Working Capital (DFNWC)	149	111	69	60	42	19	37	-6.64	-84	-49	38
Net Working Capital (NWC)	142	95	59	54	40	19	36	-6.79	-85	-49	38
Net Nonoperating Expense (NNE)	26	12	12	-25	5.88	7.65	-11	28	-17	-6.52	-4.76
Net Nonoperating Obligations (NNO)	92	122	149	35	-44	-0.67	-18	16	-15	24	-11
Total Depreciation and Amortization (D&A)	8.68	6.36	6.02	6.21	6.27	5.91	6.32	6.20	6.05	6.95	5.99
Debt-free, Cash-free Net Working Capital to Revenue	-51.29%	-55.69%	-53.14%	-82.86%	-91.84%	-72.89%	-67.74%	-69.33%	-73.66%	-61.61%	-11.55%
Debt-free Net Working Capital to Revenue	56.41%	40.39%	23.12%	18.17%	10.95%	4.46%	7.97%	-1.41%	-18.69%	-11.16%	8.97%
Net Working Capital to Revenue	54.03%	34.43%	19.66%	16.51%	10.51%	4.40%	7.94%	-1.44%	-18.72%	-11.20%	8.97%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.88)	($0.37)	($0.41)	($0.91)	($0.06)	($0.01)	($0.14)	($0.65)	$0.14	$0.32	$0.08
Adjusted Weighted Average Basic Shares Outstanding	97.79M	97.35M	95.21M	95.73M	96.37M	96.06M	97.51M	99.19M	119.54M	99.59M	121.54M
Adjusted Diluted Earnings per Share	($0.88)	($0.37)	($0.41)	($0.91)	($0.06)	($0.01)	($0.14)	($0.65)	$0.12	$0.34	$0.07
Adjusted Weighted Average Diluted Shares Outstanding	97.79M	97.35M	95.21M	95.73M	96.37M	96.06M	97.51M	99.19M	119.54M	99.59M	121.54M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	100.55M	96.98M	97.82M	98.43M	98.87M	97.60M	99.19M	118.77M	119.54M	120.06M	121.54M
Normalized Net Operating Profit after Tax (NOPAT)	-18	-21	-26	-73	0.14	5.17	-24	-37	-1.75	24	-1.02
Normalized NOPAT Margin	-23.40%	-32.17%	-29.25%	-73.85%	0.11%	4.51%	-21.02%	-33.14%	-1.58%	23.87%	-0.97%
Pre Tax Income Margin	-109.24%	-54.44%	-44.47%	-88.02%	-4.34%	-1.66%	-11.42%	-57.41%	12.77%	31.79%	4.43%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-38.42	-14.91	-17.10	0.00	0.21	0.46	-1.85	-5.50	0.00	3.71	1.16
NOPAT to Interest Expense	-26.97	-10.66	-12.33	0.00	0.01	0.49	-4.12	-3.56	0.00	2.22	-0.09
EBIT Less CapEx to Interest Expense	-39.70	-16.11	-18.37	0.00	-0.01	0.24	-2.25	-5.81	0.00	3.35	0.87
NOPAT Less CapEx to Interest Expense	-28.25	-11.86	-13.60	0.00	-0.21	0.26	-4.52	-3.87	0.00	1.86	-0.39
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	-1.16%	-3.99%	-3.02%	-4.45%	-4.19%	0.00%	0.00%	0.00%	0.00%	0.00%

Key Financial Trends

Here are the key takeaways from Porch Group’s Q1 2025 financials and recent trends:

Net income of $3.7 M in Q1 2025, turning profitable after a $13.4 M loss in Q1 2024.
Strong gross margin of 62.5% in Q1 2025, reflecting efficient cost of revenue management.
Other income of $14.3 M significantly boosted pre-tax income, offsetting $11.2 M in interest expense.
Cash & equivalents of $65.9 M (plus $17.2 M restricted cash and $4.5 M short-term investments) support liquidity.
Fixed asset turnover of ~20× indicates efficient use of property, plant & equipment.
Operating revenue declined 9.3% year-over-year to $104.7 M in Q1 2025.
Operating loss of $1.3 M in Q1 2025, compared with $25.1 M operating income in Q4 2024.
Negative operating cash flow of $11.2 M in Q1 2025, signaling cash burn in core operations.
Free cash flow to firm of –$19.4 M in Q1 2025, down sharply from +$23.1 M in Q1 2024.
High long-term debt of $409.2 M drives net debt to $129.3 M, raising leverage concerns.

07/07/25 01:32 AMAI Generated. May Contain Errors.

Frequently Asked Questions About Porch Group's Financials

When does Porch Group's financial year end?

According to the most recent income statement we have on file, Porch Group's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Porch Group's net income changed over the last 5 years?

Porch Group's net income for the last 5 years looks like this:

2020: -$54.03 million
2021: -$106.61 million
2022: -$156.56 million
2023: -$133.93 million
2024: -$32.83 million

Find out what analysts predict for Porch Group in the coming months.

What is Porch Group's operating income?

Porch Group's total operating income in 2024 was -$64.57 million, based on the following breakdown:

Total Gross Profit: $211.98 million
Total Operating Expenses: $276.55 million

How has Porch Group's revenue changed over the last 5 years?

Over the last 5 years, Porch Group's total revenue changed from $77.60 million in 2019 to $437.85 million in 2024, a change of 464.3%.

How much debt does Porch Group have?

Porch Group's total liabilities were at $857.19 million at the end of 2024, a 8.3% decrease from 2023, and a 690.4% increase since 2019.

How much cash does Porch Group have?

In the past 5 years, Porch Group's cash and equivalents has ranged from $4.18 million in 2019 to $315.74 million in 2021, and is currently $167.64 million as of their latest financial filing in 2024.

How has Porch Group's book value per share changed over the last 5 years?

Over the last 5 years, Porch Group's book value per share changed from -1.92 in 2019 to -0.36 in 2024, a change of -81.2%.

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This page (NASDAQ:PRCH) was last updated on 7/7/2025 by MarketBeat.com Staff

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Porch Group (PRCH) Financials

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Porch Group (PRCH) Financials

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