TrueCar is an information and technology platform that enables its users to communicate with TrueCar Certified Dealers for a hassle-free car buying experience. It empowers car buyers by giving them transparent insight into what others actually paid, upfront pricing info, a guaranteed savings certificate and a connection to a trusted TrueCar Certified Dealer to seamlessly complete the car purchase. TrueCar's transparent upfront pricing info and guaranteed savings certificate make the car-buying process simple.
Type | Public | |
Founded | 2005 | |
HQ | Santa Monica, CA, US | Map |
Website | truecar.com | |
Employee Ratings | More | |
Overall Culture | C- | More |
USD | |
---|---|
Revenue (Q3, 2020) | 77.2m |
Net income (Q3, 2020) | 11.6m |
EBIT (Q3, 2020) | 9.7m |
Market capitalization (25-Feb-2021) | 555.3m |
Closing stock price (25-Feb-2021) | 5.3 |
Cash (30-Sept-2020) | 178.7m |
EV | 414.6m |
USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 50.5m | 56.8m | 58.6m | 65.3m | 72.4m | 61.9m | 66.4m | 75.1m | 75.8m | 81.8m | 82.4m | 81.1m | 87.9m | 93.6m | 85.6m | 88.1m | 90.6m | 83.5m | 62.7m | 77.2m |
Cost of goods sold | 4.1m | 4.7m | 5.8m | 5.9m | 6.0m | 6.2m | 6.4m | 6.3m | 6.4m | 7.1m | 7.1m | 7.5m | 7.8m | 7.7m | 8.9m | 8.3m | 8.4m | 7.2m | ||
Gross profit | 46.4m | 52.1m | 52.8m | 59.4m | 66.5m | 55.6m | 60.1m | 68.8m | 69.4m | 74.7m | 75.4m | 73.6m | 80.1m | 85.8m | 76.6m | 79.7m | 82.2m | 76.3m | ||
Gross profit Margin, % | 92% | 92% | 90% | 91% | 92% | 90% | 90% | 92% | 92% | 91% | 91% | 91% | 91% | 92% | 90% | 91% | 91% | 91% |
USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 111.8m | 113.0m | 143.1m | 126.0m | 123.7m | 106.0m | 103.1m | 103.0m | 114.5m | 181.7m | 196.4m | 195.8m | 198.5m | 217.7m | 179.9m | 176.6m | 172.5m | 182.9m | 173.1m | 178.7m |
Accounts Receivable | 24.8m | 29.0m | 28.9m | 30.6m | 37.4m | 29.9m | 32.7m | 35.9m | 35.9m | 37.1m | 39.6m | 37.3m | 42.8m | 47.4m | 38.4m | 49.3m | 45.6m | 40.1m | 41.5m | 40.7m |
Prepaid Expenses | 6.9m | 6.2m | 4.6m | 8.5m | 5.1m | 5.1m | 7.4m | 7.2m | 7.2m | 7.1m | 7.1m | 5.6m | 8.4m | 9.3m | 7.1m | 9.0m | 8.3m | 6.4m | 8.3m | 7.2m |
Current Assets | 146.7m | 150.4m | 177.7m | 168.2m | 168.0m | 141.6m | 144.2m | 147.5m | 166.5m | 226.9m | 245.9m | 243.3m | 254.7m | 280.3m | 233.1m | 268.9m | 261.3m | 233.5m | 228.7m | 259.8m |
USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (25.0m) | (38.6m) | (11.6m) | (26.4m) | (37.5m) | (11.7m) | (26.3m) | (33.8m) | (6.8m) | (14.9m) | (24.4m) | (9.1m) | (15.7m) | (21.9m) | (14.4m) | (38.4m) | (46.1m) | (10.7m) | (21.9m) | (10.3m) |
Depreciation and Amortization | 5.9m | 9.2m | 3.9m | 8.0m | 12.5m | 5.9m | 11.7m | 17.7m | 6.1m | 11.7m | 17.5m | 5.2m | 10.8m | 16.8m | 6.4m | 13.2m | 19.4m | 6.3m | 12.7m | 15.3m |
Accounts Payable | 491.0k | 3.3m | (683.0k) | (274.0k) | 7.3m | (6.1m) | (4.4m) | (5.1m) | (3.3m) | 4.2m | 7.4m | (1.1m) | (232.0k) | 8.1m | (5.6m) | (5.8m) | (4.8m) | (3.7m) | (11.3m) | (8.2m) |
Cash From Operating Activities | (6.4m) | (4.9m) | (3.2m) | (12.5m) | (9.7m) | (490.0k) | (2.1m) | (2.6m) | 5.0m | 12.7m | 16.9m | 3.4m | 8.6m | 16.0m | 7.6m | 7.2m | 7.3m | 5.6m | 1.7m | 23.7m |
Q1, 2014 | Q2, 2014 | Q3, 2014 | Q4, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q4, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q4, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Unit Sales | 126 k | 150 k | 172 k | 163 k | 169 k | 190 k | 208 k | 183 k | 175 k | 193 k | 221 k | 219 k | 218 k | 242 k | 254 k |
Average Monthly Unique Visitors | 3.90 m | 4.20 m | 4.60 m | 4.40 m | 5.50 m | 6 m | 6.60 m | 5.90 m | 6.70 m | 6.70 m | 7.60 m | 7 m | 7.30 m | 7.20 m | 7.70 m |
Monetization | $317 | $308 | $303 | $314 | $322 | $317 | $324 | $324 | $328 | $321 | $319 | $320 | $324 | $319 | $306 |
Franchise Dealer Count | 7.21 k | 7.68 k | 8.15 k | 8.50 k | 9.11 k | 9.30 k | 8.70 k | 9.09 k | 9.28 k | 10.14 k | 10.76 k | 11.15 k | 11.73 k | 12.20 k | 12.29 k |
TrueCar revenue breakdown by business segment: 93.5% from Transaction Revenue and 6.5% from Forecasts, Consulting and Other Revenue
TrueCar has 19.97k Twitter Followers. The number of followers has decreased 0.2% month over month and decreased 0.5% quarter over quarter
18.3k
Tweets
3.2k
Following
20k
Followers
25
Tweets last 30 days
1
Avg. likes per Tweet
40%
Tweets with engagement
C-
63/100
B-
71/100
A-
83/100
D
57/100
When was TrueCar founded?
TrueCar was founded in 2005.
Who are TrueCar key executives?
TrueCar's key executives are Mike Darrow, Chip Perry and Neeraj Gunsagar.
How many employees does TrueCar have?
TrueCar has 773 employees.
What is TrueCar revenue?
Latest TrueCar annual revenue is $353.9 m.
What is TrueCar revenue per employee?
Latest TrueCar revenue per employee is $457.8 k.
Who are TrueCar competitors?
Competitors of TrueCar include Cox Automotive, Kelley Blue Book and Cars.com.
Where is TrueCar headquarters?
TrueCar headquarters is located at 120 Broadway #200, Santa Monica.
Where are TrueCar offices?
TrueCar has an office in Santa Monica.
How many offices does TrueCar have?
TrueCar has 1 office.
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