Company Growth (employees)
TrueCar was founded in 2005 and is headquartered in Santa Monica, US
Key People at TrueCar
Scott Painter
Founder, CEO & Board Chairman
Mike Guthrie
CFO
Marla Hunter
VP, People
Jim Nguyen
Co - Founder & EVP, Corporate & Partner Development
TrueCar Office Locations
TrueCar has offices in Santa Monica, Bee Cave, Santa Barbara and San Francisco
Santa Monica, US (HQ)
200 120 Broadway
San Francisco, US
98 Battery St
Santa Barbara, US
3760 State Street
Bee Cave, US
13412 Galleria Circle
TrueCar Data and Metrics
TrueCar Financial Metrics
TrueCar's revenue was reported to be $277.5 m in FY, 2016 which is a 7% increase from the previous period.
USD
Revenue (FY, 2016) | 277.5 m |
Revenue growth (FY, 2015 - FY, 2016), % | 7% |
Gross profit (FY, 2016) | 252.3 m |
Gross profit margin (FY, 2016), % | 91% |
Net income (FY, 2016) | (41.7 m) |
EBIT (FY, 2016) | (38.9 m) |
Market capitalization (19-Jul-2017) | 2 b |
Closing share price (19-Jul-2017) | 21.1 |
Cash (31-Dec-2016) | 107.7 m |
TrueCar's current market capitalization is $2 b.
| USD | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Revenue | 206.6 m | 259.8 m | 277.5 m |
Revenue growth, % | 26% | 7% | |
Cost of goods sold | 17.5 m | 23.7 m | 25.2 m |
Gross profit | 189.1 m | 236.2 m | 252.3 m |
Gross profit Margin, % | 92% | 91% | 91% |
Sales and marketing expense | 128.6 m | 151 m | 154.4 m |
R&D expense | 36.6 m | 48 m | 53.6 m |
General and administrative expense | 58.3 m | 83.5 m | 59.9 m |
Operating expense total | 254.2 m | 323.8 m | 316.4 m |
EBIT | (47.5 m) | (64 m) | (38.9 m) |
EBIT margin, % | (23%) | (25%) | (14%) |
Interest expense | (380 k) | (443 k) | (2.5 m) |
Interest income | 59 k | 107 k | 376 k |
Pre tax profit | (64.3 m) | (41.1 m) | |
Income tax expense | (640 k) | 606 k | 655 k |
Net Income | (48.4 m) | (64.9 m) | (41.7 m) |
| USD | Y, 2011 | Y, 2012 | Y, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|---|---|
Cash | 11.9 m | 22.1 m | 43.8 m | 147.5 m | 112.4 m | 107.7 m |
Accounts Receivable | 133 m | |||||
Inventories | 625 k | 620 k | ||||
Current Assets | 184.5 m | 153 m | 152.9 m | |||
PP&E | 30.7 m | 71.4 m | 66.9 m | |||
Goodwill | 53.3 m | 53.3 m | 53.3 m | |||
Total Assets | 297 m | 302.4 m | 294.4 m | |||
Accounts Payable | 12.8 m | 18.9 m | 13.8 m | |||
Current Liabilities | 38.9 m | 39.1 m | 35.4 m | |||
Total Liabilities | 69.9 m | |||||
Additional Paid-in Capital | 460.2 m | 508.6 m | 542.8 m | |||
Retained Earnings | (211 m) | (275.9 m) | (318.2 m) | |||
Total Equity | 249.2 m | 232.7 m | 224.6 m | |||
Financial Leverage | 1.2 x | 1.3 x | 1.3 x |
| USD | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Net Income | (48.4 m) | (64.9 m) | (41.7 m) |
Depreciation and Amortization | 13 m | 17.3 m | 23.2 m |
Accounts Receivable | (10.4 m) | (5.9 m) | (4.4 m) |
Accounts Payable | 3.4 m | 5.3 m | (4.6 m) |
Cash From Operating Activities | 103.7 m | (35.2 m) | 2.8 m |
Purchases of PP&E | (15.5 m) | (29.8 m) | (16.6 m) |
Cash From Investing Activities | (9.8 m) | (29.8 m) | (16.6 m) |
Cash From Financing Activities | 110.4 m | 6 m | 9.2 m |
Interest Paid | 139 k | 617 k | 2.1 m |
Income Taxes Paid | 20 k | 48 k | 82 k |
| Y, 2016 | |
|---|---|
Financial Leverage | 1.3 x |
TrueCar Operating Metrics
TrueCar Market Value History
TrueCar Revenue Breakdown
TrueCar Median Salaries
Source: 55 public H-1B filings from TrueCar
