Porch Group Past Earnings Performance
Past criteria checks 0/6
Porch Group's earnings have been declining at an average annual rate of -10.4%, while the Software industry saw earnings growing at 20% annually. Revenues have been growing at an average rate of 40.4% per year.
Key information
-10.4%
Earnings growth rate
15.8%
EPS growth rate
| Software Industry Growth | 17.3% |
| Revenue growth rate | 40.4% |
| Return on equity | n/a |
| Net Margin | -14.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
The Porch Group, Inc. (NASDAQ:PRCH) Analysts Have Been Trimming Their Sales Forecasts
Nov 12
Earnings Beat: Porch Group, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Nov 10Improved Revenues Required Before Porch Group, Inc. (NASDAQ:PRCH) Stock's 67% Jump Looks Justified
Nov 08Are Investors Undervaluing Porch Group, Inc. (NASDAQ:PRCH) By 35%?
Oct 29Porch Group, Inc. (NASDAQ:PRCH) Stock Catapults 37% Though Its Price And Business Still Lag The Industry
Sep 20Shareholders May Not Be So Generous With Porch Group, Inc.'s (NASDAQ:PRCH) CEO Compensation And Here's Why
Jun 06The Market Doesn't Like What It Sees From Porch Group, Inc.'s (NASDAQ:PRCH) Revenues Yet As Shares Tumble 26%
May 11Improved Revenues Required Before Porch Group, Inc. (NASDAQ:PRCH) Stock's 39% Jump Looks Justified
Mar 08Porch Group: A Complicated Tale
Feb 18Porch Group, Inc.'s (NASDAQ:PRCH) Prospects Need A Boost To Lift Shares
Jan 18At US$0.95, Is Porch Group, Inc. (NASDAQ:PRCH) Worth Looking At Closely?
Nov 09Is There An Opportunity With Porch Group, Inc.'s (NASDAQ:PRCH) 35% Undervaluation?
Sep 13Porch Group, Inc.'s (NASDAQ:PRCH) Prospects Need A Boost To Lift Shares
Aug 10Porch Group’s Floify announces technology partnership with National Association of Mortgage Brokers
Sep 20Revenue & Expenses Breakdown
How Porch Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 452 | -66 | 229 | 58 |
| 30 Jun 24 | 470 | -86 | 240 | 57 |
| 31 Mar 24 | 458 | -109 | 291 | 58 |
| 31 Dec 23 | 430 | -134 | 290 | 58 |
| 30 Sep 23 | 380 | -167 | 285 | 58 |
| 30 Jun 23 | 328 | -246 | 277 | 58 |
| 31 Mar 23 | 300 | -186 | 225 | 59 |
| 31 Dec 22 | 276 | -157 | 215 | 59 |
| 30 Sep 22 | 263 | -141 | 200 | 57 |
| 30 Jun 22 | 249 | -62 | 190 | 54 |
| 31 Mar 22 | 229 | -51 | 177 | 49 |
| 31 Dec 21 | 192 | -107 | 167 | 46 |
| 30 Sep 21 | 159 | -124 | 151 | 44 |
| 30 Jun 21 | 118 | -128 | 121 | 38 |
| 31 Mar 21 | 84 | -118 | 90 | 32 |
| 31 Dec 20 | 72 | -71 | 68 | 28 |
| 30 Sep 20 | 72 | -54 | 63 | 26 |
| 30 Jun 20 | 72 | -60 | 67 | 28 |
| 31 Mar 20 | 74 | -88 | 90 | 31 |
| 31 Dec 19 | 78 | -103 | 108 | 30 |
| 31 Dec 18 | 54 | -50 | 64 | 24 |
Quality Earnings: PRCH is currently unprofitable.
Growing Profit Margin: PRCH is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PRCH is unprofitable, and losses have increased over the past 5 years at a rate of 10.4% per year.
Accelerating Growth: Unable to compare PRCH's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PRCH is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (30.2%).
Return on Equity
High ROE: PRCH's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/22 13:27 |
| End of Day Share Price | 2025/01/22 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Porch Group, Inc. is covered by 13 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Daniel Kurnos | Benchmark Company |
| Justin Ages | Berenberg |
| Joshua Siegler | Cantor Fitzgerald & Co. |