PRCH RSI Chart
Last 7 days
-0.9%
Last 30 days
-12.2%
Last 90 days
48.9%
Trailing 12 Months
219.2%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 299.8M | 327.6M | 379.8M | 430.3M |
2022 | 229.3M | 248.8M | 263.4M | 275.9M |
2021 | 84.0M | 118.2M | 159.4M | 192.4M |
2020 | 76.3M | 74.9M | 73.6M | 72.3M |
2019 | 0 | 0 | 0 | 77.6M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Apr 05, 2024 | neagle matthew | acquired | - | - | 231,410 | chief operating officer |
Apr 05, 2024 | neagle matthew | sold (taxes) | -83,254 | 4.34 | -19,183 | chief operating officer |
Apr 05, 2024 | ehrlichman matt | sold (taxes) | -197,479 | 4.34 | -45,502 | ceo, chairman and founder |
Apr 05, 2024 | tabak shawn | acquired | - | - | 63,252 | chief financial officer |
Apr 05, 2024 | ehrlichman matt | acquired | - | - | 520,672 | ceo, chairman and founder |
Apr 05, 2024 | tabak shawn | sold (taxes) | -18,379 | 4.34 | -4,235 | chief financial officer |
Apr 01, 2024 | ehrlichman matt | sold (taxes) | -102,244 | 4.15 | -24,637 | ceo, chairman and founder |
Apr 01, 2024 | neagle matthew | sold (taxes) | -49,621 | 4.15 | -11,957 | chief operating officer |
Mar 26, 2024 | tabak shawn | sold | -76,955 | 4.0418 | -19,040 | chief financial officer |
Mar 21, 2024 | tabak shawn | sold | -102,743 | 4.0012 | -25,678 | chief financial officer |
Which funds bought or sold PRCH recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 23, 2024 | Alpha Cubed Investments, LLC | unchanged | - | 35,055 | 122,835 | 0.01% |
Apr 16, 2024 | Viewpoint Capital Management LLC | reduced | -5.26 | 190,600 | 775,800 | 0.49% |
Apr 15, 2024 | Future Financial Wealth Managment LLC | new | - | 86.00 | 86.00 | -% |
Apr 10, 2024 | Wedmont Private Capital | new | - | 215,119 | 215,119 | 0.02% |
Apr 04, 2024 | MOODY NATIONAL BANK TRUST DIVISION | reduced | -1.56 | 369,018 | 1,346,540 | 0.11% |
Mar 11, 2024 | VANGUARD GROUP INC | reduced | -34.14 | 7,105,690 | 11,757,500 | -% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | added | 330 | 3,131,500 | 3,333,360 | -% |
Feb 27, 2024 | Beaird Harris Wealth Management, LLC | unchanged | - | 113 | 154 | -% |
Feb 26, 2024 | Integrated Advisors Network LLC | unchanged | - | 36,245 | 49,019 | -% |
Feb 26, 2024 | Virtu Financial LLC | added | 12.23 | 48,000 | 63,000 | -% |
Unveiling Porch Group, Inc.'s Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Porch Group, Inc.)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
CRM | 267.9B | 34.9B | 64.77 | 7.69 | ||||
UBER | 144.0B | 37.3B | 76.29 | 3.86 | ||||
ADSK | 46.0B | 5.3B | 50.15 | 8.6 | ||||
ANSS | 28.6B | 2.3B | 57.14 | 12.6 | ||||
ZM | 18.5B | 4.5B | 29.09 | 4.1 | ||||
MID-CAP | ||||||||
APPF | 7.7B | 620.4M | 2.8K | 12.4 | ||||
LYFT | 6.3B | 4.4B | -18.5 | 1.43 | ||||
AYX | 3.4B | 970.0M | -19.13 | 3.53 | ||||
ALRM | 3.3B | 881.7M | 40.9 | 3.73 | ||||
AI | 2.7B | 296.4M | -9.91 | 9.08 | ||||
AGYS | 2.3B | 228.1M | 26.28 | 10.06 | ||||
SMALL-CAP | ||||||||
AVID | 1.2B | 413.5M | 92.02 | 2.88 | ||||
APPS | 195.9M | 572.4M | -0.99 | 0.34 | ||||
ASUR | 183.8M | 119.1M | -19.95 | 1.54 | ||||
AEYE | 169.3M | 31.3M | -28.84 | 5.41 |
Porch Group, Inc. News
Income Statement (Quarterly) | |||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 |
Revenue | -11.5% | 114,612,000 | 129,556,000 | 98,765,000 | 87,369,000 | 64,113,000 | 77,353,000 | 70,915,000 | 63,567,000 | 51,581,500 | 62,769,000 | 51,340,000 | 26,742,000 | 18,596,000 | 21,507,000 | 17,122,000 | 15,074,000 | - | - |
Cost Of Revenue | -34.5% | 34,677,000 | 52,961,000 | 81,330,000 | 51,275,000 | 20,170,000 | 32,940,000 | 29,251,000 | 25,216,000 | 14,137,500 | 19,158,000 | 19,500,000 | 5,930,000 | 4,310,000 | 5,361,000 | 3,792,000 | 4,099,000 | - | - |
Costs and Expenses | -17.1% | 107,232,000 | 129,357,000 | 258,170,000 | 125,897,000 | 97,908,000 | 160,271,000 | 102,593,000 | 92,223,000 | 69,856,500 | 75,383,000 | 74,283,000 | 56,373,000 | 38,614,000 | 25,355,000 | 22,101,000 | 28,460,000 | - | - |
S&GA Expenses | -7.9% | 36,950,000 | 40,135,000 | 34,637,000 | 32,585,000 | 28,031,000 | 30,580,000 | 29,160,000 | 26,077,000 | 23,638,000 | 22,874,000 | 23,122,000 | 14,638,000 | 11,222,000 | 8,803,000 | 8,787,000 | 12,853,000 | 69,571 | 8,000 |
EBITDA Margin | 42.4% | -0.18 | -0.31 | -0.62 | -0.50 | -0.43 | -0.40 | -0.13 | -0.15 | -0.49 | -0.61 | -0.84 | -0.97 | - | - | - | - | - | - |
Interest Expenses | 3.2% | 10,598,000 | 10,267,000 | 8,775,000 | 2,188,000 | 2,219,000 | 2,152,000 | 1,925,000 | 2,427,000 | 1,461,000 | 1,857,000 | 1,216,000 | 1,223,000 | 4,405,000 | 3,952,000 | 3,291,000 | 3,086,000 | - | - |
Income Taxes | 406.9% | 588,000 | 116,000 | 29,000 | -111,000 | 574,000 | -22,000 | 468,000 | -200,000 | -398,000 | -1,800,000 | -7,700,000 | -350,000 | -1,722,000 | 9,000 | 3,000 | 21,000 | - | - |
Earnings Before Taxes | 66.3% | -1,898,000 | -5,628,000 | -86,934,000 | -38,851,000 | -34,899,000 | -84,498,000 | -26,857,000 | -9,462,000 | -20,465,500 | -6,935,000 | -24,027,000 | -65,451,000 | -22,206,000 | -8,914,000 | -6,255,000 | -18,346,000 | 72,633 | -8,000 |
EBT Margin | 29.2% | -0.31 | -0.44 | -0.75 | -0.62 | -0.56 | -0.54 | -0.26 | -0.27 | -0.61 | -0.74 | -1.02 | -1.22 | - | - | - | - | - | - |
Net Income | 56.7% | -2,486,000 | -5,744,000 | -86,963,000 | -38,740,000 | -35,473,000 | -84,476,000 | -27,325,000 | -9,285,000 | -20,109,000 | -5,099,000 | -16,297,000 | -65,101,000 | -20,484,000 | -8,923,000 | -6,258,000 | -18,367,000 | 40,110 | -8,000 |
Net Income Margin | 29.2% | -0.31 | -0.44 | -0.75 | -0.62 | -0.57 | -0.54 | -0.25 | -0.22 | -0.55 | -0.67 | -0.94 | -1.20 | - | - | - | - | - | - |
Free Cashflow | -149.1% | -41,044,000 | 83,571,000 | 12,938,000 | -22,387,000 | -7,748,000 | -6,643,000 | 10,873,000 | -16,568,000 | 6,556,000 | -10,994,000 | -8,342,000 | -22,969,000 | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 |
Assets | -7.0% | 899 | 967 | 1,047 | 1,017 | 1,049 | 1,089 | 1,136 | 1,054 | 1,039 | 1,050 | 778 | 334 | 268 | 174 | 175 | 175 | 48.00 |
Current Assets | -14.4% | 481 | 562 | 658 | 576 | 611 | 639 | 617 | 595 | 605 | 713 | 500 | 251 | 216 | 1.00 | 1.00 | 1.00 | 10.00 |
Cash Equivalents | -24.7% | 258 | 343 | 266 | 179 | 215 | 277 | 282 | 303 | 325 | 416 | 152 | 233 | 207 | 8.00 | 7.00 | 3.00 | 7.00 |
Net PPE | 7.7% | 17.00 | 16.00 | 15.00 | 14.00 | 12.00 | 11.00 | 10.00 | 8.00 | 7.00 | 8.00 | 8.00 | 5.00 | 5.00 | - | - | - | 7.00 |
Goodwill | 0% | 192 | 192 | 192 | 247 | 245 | 252 | 298 | 250 | 226 | 170 | 121 | 45.00 | 28.00 | - | - | - | 18.00 |
Liabilities | -6.9% | 935 | 1,005 | 1,084 | 971 | 970 | 977 | 941 | 843 | 822 | 858 | 549 | 172 | 161 | 9.00 | 6.00 | 6.00 | 108 |
Current Liabilities | -11.4% | 462 | 522 | 604 | 517 | 516 | 523 | 489 | 402 | 363 | 377 | 417 | 36.00 | 32.00 | 3.00 | 0.00 | 0.00 | 57.00 |
Long Term Debt | 1.0% | 435 | 431 | 427 | 425 | 425 | 425 | 417 | 415 | 415 | 418 | 44.00 | 43.00 | 43.00 | - | - | - | 12.00 |
LT Debt, Current | -85.2% | 0.00 | 2.00 | 5.00 | 10.00 | 16.00 | 23.00 | 19.00 | 20.00 | 0.00 | 0.00 | 0.00 | 7.00 | 5.00 | - | - | - | 20.00 |
LT Debt, Non Current | 1.0% | 435 | 431 | 427 | 425 | 425 | 425 | 417 | 415 | 415 | 418 | 44.00 | 43.00 | 43.00 | - | - | - | 41.00 |
Shareholder's Equity | -Infinity% | -35.68 | - | - | 45.00 | 79.00 | 113 | 195 | 211 | 217 | 192 | 229 | 162 | 107 | 5.00 | 5.00 | 5.00 | 5.00 |
Retained Earnings | -0.3% | -722 | -719 | -713 | -626 | -585 | -545 | -460 | -433 | -424 | -404 | -398 | -382 | -317 | -2.74 | - | - | -263 |
Additional Paid-In Capital | 0.0% | 690 | 690 | 683 | 677 | 671 | 664 | 660 | 648 | 641 | 596 | 627 | 545 | 425 | 8.00 | 5.00 | 4.00 | 203 |
Shares Outstanding | -1.4% | 97.00 | 98.00 | 98.00 | 97.00 | 98.00 | 98.00 | 97.00 | 96.00 | 94.00 | 93.00 | 91.00 | 85.00 | - | - | - | - | - |
Float | - | - | - | 109 | - | - | - | 208 | - | - | - | 1,550 | - | - | - | 175 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 |
Cashflow From Operations | -149.0% | -40,969 | 83,675 | 13,254 | -22,031 | -7,384 | -6,196 | 11,245 | -15,401 | 6,940 | -10,945 | -7,837 | -22,935 | -31,654 | -7,273 | -104 | -9,638 | - |
Share Based Compensation | -93.8% | 432 | 6,979 | 6,404 | 6,894 | 6,396 | 5,089 | 9,702 | 5,854 | 9,231 | 5,884 | 6,642 | 16,835 | 6,500 | 507 | 362 | 672 | - |
Cashflow From Investing | 16.0% | -22,050 | -26,253 | -2,803 | -5,147 | -33,234 | -8,040 | -30,327 | -8,077 | -78,776 | -53,359 | -107,584 | -23,714 | -6,819 | -2,219 | -659 | -974 | - |
Cashflow From Financing | -162.2% | -1,463 | -558 | 100,246 | -7,274 | -7,771 | 9,153 | -1,876 | 1,721 | -19,203 | 327,712 | 34,461 | 72,579 | 237,789 | 10,762 | 4,809 | 6,254 | 174,171 |
Buy Backs | - | - | - | 2,508 | 3,100 | 4,400 | - | - | - | - | - | - | - | - | 480 | - | - | - |
Consolidated Statements of Operations and Comprehensive Loss - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Income Statement [Abstract] | |||
Revenue | $ 430,302 | $ 275,948 | $ 192,433 |
Operating expenses: | |||
Cost of revenue | 220,243 | 107,577 | 58,725 |
Selling and marketing | 144,307 | 113,848 | 84,273 |
Product and technology | 58,502 | 59,565 | 47,005 |
General and administrative | 103,192 | 109,814 | 84,740 |
Provision for doubtful accounts | 37,180 | 805 | 1,055 |
Impairment loss on intangible assets and goodwill | 57,232 | 61,386 | 0 |
Total operating expenses | 620,656 | 452,995 | 275,798 |
Operating loss | (190,354) | (177,047) | (83,365) |
Other income (expense): | |||
Interest expense | (31,828) | (8,723) | (5,757) |
Change in fair value of earnout liability | 44 | 13,822 | (18,519) |
Change in fair value of private warrant liability | (444) | 14,486 | (15,389) |
Change in fair value of derivatives | (4,261) | 0 | 0 |
Gain on extinguishment of debt | 81,354 | 0 | 5,110 |
Investment income and realized gains, net of investment expenses | 8,285 | 1,174 | 701 |
Other income, net | 3,893 | 571 | 340 |
Total other income (expense) | 57,043 | 21,330 | (33,514) |
Loss before income taxes | (133,311) | (155,717) | (116,879) |
Income tax benefit (provision) | (622) | (842) | 10,273 |
Net loss | (133,933) | (156,559) | (106,606) |
Other comprehensive income (loss): | |||
Change in net unrealized loss, net of tax | 2,311 | (5,912) | (259) |
Comprehensive loss | $ (131,622) | $ (162,471) | $ (106,865) |
Net loss per share - basic (in dollars per share) | $ (1.39) | $ (1.61) | $ (1.14) |
Net loss per share - diluted (in dollars per share) | $ (1.39) | $ (1.61) | $ (1.14) |
Weighted-average shares used in computing net loss attributable per share to common stockholders: | |||
Shares used in computing basic net loss per share (in shares) | 96,057,000 | 97,351,000 | 93,885,000 |
Shares used in computing diluted net loss per share (in shares) | 96,057,000 | 97,351,000 | 93,885,000 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets | ||
Cash and cash equivalents | $ 258,418 | $ 215,060 |
Accounts receivable, net | 24,288 | 26,438 |
Short-term investments | 35,588 | 36,523 |
Reinsurance balance due | 83,582 | 299,060 |
Prepaid expenses and other current assets | 13,214 | 11,293 |
Deferred policy acquisition costs | 27,174 | 8,716 |
Restricted cash and cash equivalents | 38,814 | 13,545 |
Total current assets | 481,078 | 610,635 |
Property, equipment, and software, net | 16,861 | 12,240 |
Goodwill | 191,907 | 244,697 |
Long-term investments | 103,588 | 55,118 |
Intangible assets, net | 87,216 | 108,255 |
Long-term insurance commissions receivable | 13,429 | 12,265 |
Other assets | 5,314 | 5,847 |
Total assets | 899,393 | 1,049,057 |
Current liabilities | ||
Accounts payable | 8,761 | 6,268 |
Accrued expenses and other current liabilities | 59,396 | 39,742 |
Deferred revenue | 248,683 | 270,690 |
Refundable customer deposits | 17,980 | 20,142 |
Current debt | 244 | 16,455 |
Losses and loss adjustment expense reserves | 95,503 | 100,632 |
Other insurance liabilities, current | 31,585 | 61,710 |
Total current liabilities | 462,152 | 515,639 |
Long-term debt | 435,495 | 425,310 |
Other liabilities | 37,429 | 28,755 |
Total liabilities | 935,076 | 969,704 |
Commitments and contingencies (Note 16) | ||
Stockholders’ equity (deficit) | ||
Common stock, $0.0001 par value per share: | 10 | 10 |
Additional paid-in capital | 690,223 | 670,537 |
Accumulated other comprehensive loss | (3,860) | (6,171) |
Accumulated deficit | (722,056) | (585,023) |
Total stockholders’ equity (deficit) | (35,683) | 79,353 |
Total liabilities and stockholders’ equity (deficit) | $ 899,393 | $ 1,049,057 |
 | Mr. Matthew Ehrlichman |
---|---|
 | https://porchgroup.com |
 | Software - Apps |
 | 1800 |