TrueCar, Inc.

NasdaqGS:TRUE Stock Report

Market Cap: US$303.5m

TrueCar Management

Management criteria checks 1/4

TrueCar's CEO is Jantoon Reigersman, appointed in Jun 2023, has a tenure of 1.58 years. total yearly compensation is $3.83M, comprised of 12.3% salary and 87.7% bonuses, including company stock and options. directly owns 0.67% of the company’s shares, worth $2.05M. The average tenure of the management team and the board of directors is 2.2 years and 2.8 years respectively.

Key information

Jantoon Reigersman

Chief executive officer

US$3.8m

Total compensation

CEO salary percentage12.3%
CEO tenure1.6yrs
CEO ownership0.7%
Management average tenure2.2yrs
Board average tenure2.8yrs

Recent management updates

Recent updates

Revenues Tell The Story For TrueCar, Inc. (NASDAQ:TRUE) As Its Stock Soars 32%

Nov 07
Revenues Tell The Story For TrueCar, Inc. (NASDAQ:TRUE) As Its Stock Soars 32%

TrueCar (NASDAQ:TRUE) Is In A Strong Position To Grow Its Business

Oct 11
TrueCar (NASDAQ:TRUE) Is In A Strong Position To Grow Its Business

TrueCar, Inc.'s (NASDAQ:TRUE) 36% Jump Shows Its Popularity With Investors

Jul 23
TrueCar, Inc.'s (NASDAQ:TRUE) 36% Jump Shows Its Popularity With Investors

TrueCar, Inc.'s (NASDAQ:TRUE) Intrinsic Value Is Potentially 95% Above Its Share Price

May 21
TrueCar, Inc.'s (NASDAQ:TRUE) Intrinsic Value Is Potentially 95% Above Its Share Price

We're Hopeful That TrueCar (NASDAQ:TRUE) Will Use Its Cash Wisely

May 01
We're Hopeful That TrueCar (NASDAQ:TRUE) Will Use Its Cash Wisely

TrueCar, Inc.'s (NASDAQ:TRUE) Intrinsic Value Is Potentially 39% Above Its Share Price

Jan 25
TrueCar, Inc.'s (NASDAQ:TRUE) Intrinsic Value Is Potentially 39% Above Its Share Price

We're Not Worried About TrueCar's (NASDAQ:TRUE) Cash Burn

Jan 03
We're Not Worried About TrueCar's (NASDAQ:TRUE) Cash Burn

We're Not Very Worried About TrueCar's (NASDAQ:TRUE) Cash Burn Rate

Sep 29
We're Not Very Worried About TrueCar's (NASDAQ:TRUE) Cash Burn Rate

Market Cool On TrueCar, Inc.'s (NASDAQ:TRUE) Revenues

Jun 08
Market Cool On TrueCar, Inc.'s (NASDAQ:TRUE) Revenues

Companies Like TrueCar (NASDAQ:TRUE) Are In A Position To Invest In Growth

Apr 14
Companies Like TrueCar (NASDAQ:TRUE) Are In A Position To Invest In Growth

TrueCar sees July total new vehicle industry sales down 10% Y/Y

Jul 29

TrueCar, Inc. (NASDAQ:TRUE) Analysts Just Cut Their EPS Forecasts Substantially

Mar 01
TrueCar, Inc. (NASDAQ:TRUE) Analysts Just Cut Their EPS Forecasts Substantially

TrueCar: Good Business Model, But Too Much Risk Today

Oct 11

Is There Now An Opportunity In TrueCar, Inc. (NASDAQ:TRUE)?

Jun 25
Is There Now An Opportunity In TrueCar, Inc. (NASDAQ:TRUE)?

An Intrinsic Calculation For TrueCar, Inc. (NASDAQ:TRUE) Suggests It's 39% Undervalued

May 31
An Intrinsic Calculation For TrueCar, Inc. (NASDAQ:TRUE) Suggests It's 39% Undervalued

CEO Compensation Analysis

How has Jantoon Reigersman's remuneration changed compared to TrueCar's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$27m

Jun 30 2024n/an/a

-US$29m

Mar 31 2024n/an/a

-US$36m

Dec 31 2023US$4mUS$471k

-US$50m

Sep 30 2023n/an/a

-US$66m

Jun 30 2023n/an/a

-US$135m

Mar 31 2023n/an/a

-US$126m

Dec 31 2022US$3mUS$444k

-US$119m

Sep 30 2022n/an/a

-US$116m

Jun 30 2022n/an/a

-US$46m

Mar 31 2022n/an/a

-US$42m

Dec 31 2021US$4mUS$395k

-US$38m

Compensation vs Market: Jantoon's total compensation ($USD3.83M) is above average for companies of similar size in the US market ($USD2.23M).

Compensation vs Earnings: Jantoon's compensation has increased whilst the company is unprofitable.

CEO

Jantoon Reigersman (42 yo)

1.6yrs

Tenure

US$3,826,018

Compensation

Mr. Jantoon E. Reigersman serves as Director of Lymion Group, Inc. He serves as President and Chief Executive Officer at TrueCar, Inc. since June 2023, its Director from July 2023 and served as its Chief O...

Leadership Team

NamePositionTenureCompensationOwnership
Jantoon Reigersman
President1.6yrsUS$3.83m0.67%
$ 2.0m
Oliver Foley
Chief Financial Officer1.3yrsUS$906.27k0.040%
$ 122.1k
Jeffrey Swart
Executive VP9yrsUS$1.12m0.25%
$ 772.2k
Jay Ku
Chief Revenue Officer1.3yrsUS$1.11m0.24%
$ 719.5k
Jill Angel
Chief People Officer & Operations2.8yrsno data0.25%
$ 767.6k
Zaineb Bokhari
Vice President of Investor Relationsno datano datano data
Lisa Hess
Head of Salesno datano datano data
David Green
Senior Vice President of Major Accounts8yrsno datano data

2.2yrs

Average Tenure

41.5yo

Average Age

Experienced Management: TRUE's management team is considered experienced (2.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Jantoon Reigersman
President1.5yrsUS$3.83m0.67%
$ 2.0m
Robert Buce
Independent Director19.8yrsUS$217.71k0.59%
$ 1.8m
Diego Rodriguez
Independent Directorless than a yearno datano data
Faye Iosotaluno
Independent Director3.3yrsUS$226.56k0.19%
$ 567.5k
Barbara Carbone
Independent Chair of the Board4.4yrsUS$242.60k0.24%
$ 724.9k
Brendan Harrington
Independent Director2.3yrsUS$210.00k0.17%
$ 514.0k

2.8yrs

Average Tenure

53.5yo

Average Age

Experienced Board: TRUE's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/06 22:30
End of Day Share Price 2025/01/06 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

TrueCar, Inc. is covered by 19 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Daniel KurnosBenchmark Company
Naved KhanB. Riley Securities, Inc.
Marvin FongBTIG