Porch Group Inc - Class A logo

PRCH

Porch Group Inc - Class A

$2.61

Earnings Summary

Revenue
$62.56Mn
Net Profits
$-5.8Mn
Net Profit Margins
-9.26%

Highlights

Revenue:

Porch Group Inc - Class A’s revenue jumped 133.94% since last year same period to $62.56Mn in the Q1 2022. On a quarterly growth basis, Porch Group Inc - Class A has generated 21.29% jump in its revenue since last 3-months.

Net Profits:

Porch Group Inc - Class A’s net profit jumped 91.1% since last year same period to $-5.8Mn in the Q1 2022. On a quarterly growth basis, Porch Group Inc - Class A has generated 74.33% jump in its net profits since last 3-months.

Net Profit Margins:

Porch Group Inc - Class A’s net profit margin jumped 96.19% since last year same period to -9.26% in the Q1 2022. On a quarterly growth basis, Porch Group Inc - Class A has generated 78.84% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Porch Group Inc - Class A post its latest quarter earnings

EPS Estimate Current Quarter
-0.24
EPS Estimate Current Year
-0.24

Highlights

EPS Estimate Current Quarter:

Porch Group Inc - Class A’s earning per share (EPS) estimates for the current quarter stand at -0.24 - a -20% fall from last quarter’s estimates.

EPS Estimate Current Year:

Porch Group Inc - Class A’s earning per share (EPS) estimates for the current year stand at -0.24.

Key Ratios

Key ratios of the Porch Group Inc - Class A post its Q1 2022 earnings

Earning Per Share (EPS)
-0.06
Return on Assets (ROA)
-0.04
Return on Equity (ROE)
-0.27
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Porch Group Inc - Class A’s earning per share (EPS) jumped 92.11% since last year same period to -0.06 in the Q1 2022. This indicates that the Porch Group Inc - Class A has generated 92.11% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Porch Group Inc - Class A’s return on assets (ROA) stands at -0.04.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Porch Group Inc - Class A’s return on equity (ROE) stands at -0.27.

Dividend Per Share (DPS):

Porch Group Inc - Class A declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-10
-0.2
-0.06
70%

Company Information

Seattle-based Porch Group, the vertical software platform for the home, provides software and services to more than 10,500 home services companies such as home inspectors, moving companies, real estate agencies, utility companies, and warranty companies. Through these relationships and its multiple brands, Porch provides a moving concierge service to homebuyers, helping them save time and make better decisions on critical services, including insurance, moving, security, TV/internet, home repair and improvement, and more.

Organisation
Porch Group Inc - Class A
Employees
1K