TrueCar Historical Income Statement
| TRUE Stock | USD 4.14 0.09 2.13% |
Historical analysis of TrueCar income statement accounts such as Total Revenue of 245 M, Gross Profit of 222 M, Other Operating Expenses of 291.4 M or Research Development of 46.9 M can show how well TrueCar performed in making a profits. Evaluating TrueCar income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of TrueCar's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining TrueCar latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether TrueCar is a good buy for the upcoming year.
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About TrueCar Income Statement Analysis
TrueCar Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to TrueCar shareholders. The income statement also shows TrueCar investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
TrueCar Income Statement Chart
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Total Revenue
Total revenue comprises all receipts TrueCar generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of TrueCar minus its cost of goods sold. It is profit before TrueCar operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most accounts from TrueCar's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into TrueCar current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TrueCar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. For information on how to trade TrueCar Stock refer to our How to Trade TrueCar Stock guide.At present, TrueCar's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Selling And Marketing Expenses is expected to grow to about 147.4 M, whereas Operating Income is forecasted to decline to (59.3 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 209.5M | 145.3M | 142.9M | 222.0M | Total Revenue | 231.7M | 161.5M | 158.7M | 245.0M |
TrueCar income statement Correlations
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TrueCar Account Relationship Matchups
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TrueCar income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 27.8M | 26.0M | 20.6M | 20.5M | 20.7M | 20.3M | |
| Interest Expense | 0.0 | 79.7M | 4.6M | 115.1M | 132.4M | 139.0M | |
| Selling General Administrative | 65.1M | 50.0M | 48.7M | 44.1M | 40.3M | 55.2M | |
| Selling And Marketing Expenses | 229.3M | 151.9M | 136.5M | 104.5M | 99.1M | 147.4M | |
| Total Revenue | 353.9M | 278.7M | 231.7M | 161.5M | 158.7M | 245.0M | |
| Gross Profit | 320.5M | 257.1M | 209.5M | 145.3M | 142.9M | 222.0M | |
| Other Operating Expenses | 410.7M | 288.9M | 265.2M | 227.4M | 215.2M | 291.4M | |
| Operating Income | (56.8M) | (2.0M) | (33.5M) | (6.1M) | (56.5M) | (59.3M) | |
| Ebit | (56.8M) | (19.8M) | (38.2M) | (65.9M) | (52.7M) | (55.4M) | |
| Research Development | 57.2M | 44.9M | 41.4M | 46.1M | 42.2M | 46.9M | |
| Ebitda | (29.0M) | 6.1M | (17.6M) | (45.5M) | (32.1M) | (33.7M) | |
| Cost Of Revenue | 33.4M | 21.5M | 22.2M | 16.2M | 15.9M | 23.0M | |
| Total Operating Expenses | 377.3M | 267.4M | 242.9M | 211.2M | 199.3M | 268.4M | |
| Income Before Tax | (54.6M) | (19.8M) | (38.2M) | (121.2M) | (49.7M) | (52.2M) | |
| Total Other Income Expense Net | 2.2M | (1.3M) | (4.7M) | 4.5M | 6.7M | 7.1M | |
| Net Income | (54.9M) | (19.8M) | (38.4M) | (118.7M) | (49.8M) | (52.3M) | |
| Income Tax Expense | 289K | (6K) | 206K | (2.6M) | 17K | 17.9K | |
| Net Income From Continuing Ops | (54.9M) | (19.8M) | (38.4M) | (118.7M) | (66.0M) | (69.3M) | |
| Non Operating Income Net Other | 2.2M | (1.5M) | (5.4M) | 4.4M | 4.0M | 4.2M | |
| Net Income Applicable To Common Shares | (54.9M) | 76.5M | (38.3M) | (118.7M) | (136.5M) | (129.7M) | |
| Tax Provision | 289K | (6K) | 206K | (2.6M) | 102K | 107.1K | |
| Interest Income | 3.5M | 462K | 52K | 2.6M | 6.4M | 6.7M | |
| Net Interest Income | 3.5M | 462K | 52K | 2.6M | 6.4M | 6.7M | |
| Reconciled Depreciation | 31.6M | 25.8M | 20.6M | 20.5M | 21.2M | 18.8M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether TrueCar is a strong investment it is important to analyze TrueCar's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact TrueCar's future performance. For an informed investment choice regarding TrueCar Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TrueCar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. For information on how to trade TrueCar Stock refer to our How to Trade TrueCar Stock guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TrueCar. If investors know TrueCar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TrueCar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.29) | Revenue Per Share 1.874 | Quarterly Revenue Growth 0.131 | Return On Assets (0.06) | Return On Equity (0.19) |
The market value of TrueCar is measured differently than its book value, which is the value of TrueCar that is recorded on the company's balance sheet. Investors also form their own opinion of TrueCar's value that differs from its market value or its book value, called intrinsic value, which is TrueCar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TrueCar's market value can be influenced by many factors that don't directly affect TrueCar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TrueCar's value and its price as these two are different measures arrived at by different means. Investors typically determine if TrueCar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TrueCar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.