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 $75.8 m in Q1, 2017
USD
Revenue (Q1, 2017) | 75.8 m |
Gross profit (Q1, 2017) | 69.4 m |
Gross profit margin (Q1, 2017), % | 92% |
Net income (Q1, 2017) | (6.8 m) |
EBIT (Q1, 2017) | (6.2 m) |
Market capitalization (19-Sep-2017) | 1.6 b |
Cash (31-Mar-2017) | 114.5 m |
TrueCar's current market capitalization is $1.6 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 |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 50.5 m | 56.8 m | 58.6 m | 65.3 m | 72.4 m | 61.9 m | 66.4 m | 75.1 m | 75.8 m |
Cost of goods sold | 4.1 m | 4.7 m | 5.8 m | 5.9 m | 6 m | 6.2 m | 6.4 m | 6.3 m | 6.4 m |
Gross profit | 46.4 m | 52.1 m | 52.8 m | 59.4 m | 66.5 m | 55.6 m | 60.1 m | 68.8 m | 69.4 m |
Gross profit Margin, % | 92% | 92% | 90% | 91% | 92% | 90% | 90% | 92% | 92% |
| 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 |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 111.8 m | 113 m | 143.1 m | 126 m | 123.7 m | 106 m | 103.1 m | 103 m | 114.5 m |
Current Assets | 146.7 m | 150.4 m | 177.7 m | 168.2 m | 168 m | 141.6 m | 144.2 m | 147.5 m | 166.5 m |
PP&E | 17.1 m | 28.7 m | 56.1 m | 60.4 m | 68 m | 70.1 m | 68.7 m | 67.2 m | 68.5 m |
Goodwill | 53.3 m | 53.3 m | 53.3 m | 53.3 m | 53.3 m | 53.3 m | 53.3 m | 53.3 m | 53.3 m |
| 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) |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | (25 m) | (38.6 m) | (11.6 m) | (26.4 m) | (37.5 m) | (11.7 m) | (26.3 m) | (33.8 m) | (6.8 m) |
Depreciation and Amortization | 5.9 m | 9.2 m | 3.9 m | 8 m | 12.5 m | 5.9 m | 11.7 m | 17.7 m | 6.1 m |
Accounts Receivable | (6.2 m) | (10.4 m) | (256 k) | (2.1 m) | (9.2 m) | 3.5 m | 463 k | (2.9 m) | 593 k |
Accounts Payable | 491 k | 3.3 m | (683 k) | (274 k) | 7.3 m | (6.1 m) | (4.4 m) | (5.1 m) | (3.3 m) |
| USD | Y, 2017 |
|---|---|
Revenue/Employee | 116.5 k |
Financial Leverage | 1.3 x |
TrueCar Operating Metrics
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Monetization | $317 | $308 | $303 | $314 | $322 | $317 | $324 | $324 | $328 | $321 | $319 | $320 | $324 |
Transaction Revenue per Franchise Dealer | $5.77 k | $6.2 k | $6.57 k | $6.16 k | $6.16 k | $6.56 k | $7.49 k | $6.66 k | $6.25 k | $6.37 k | $6.73 k | $6.39 k | $6.16 k |
Average Monthly Unique Visitors | 3.9 m | 4.2 m | 4.6 m | 4.4 m | 5.5 m | 6 m | 6.6 m | 5.9 m | 6.7 m | 6.7 m | 7.6 m | 7 m | 7.3 m |
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 |
TrueCar Market Value History
TrueCar Revenue Breakdown
TrueCar Median Salaries
Source: 55 public H-1B filings from TrueCar
Market Position of TrueCar
Traffic Overview of TrueCar
TrueCar Online and Social Media Presence
TrueCar News and Updates
November 14, 2016
A former Tesla exec and the founder of TrueCar are teaming up to reinvent car-ownership (TSLA)
A former Tesla executive who oversaw finance operations in Germany and the founder and former CEO of the internet auto resource TrueCar.com have partnered to launch a new car-financing startup, Fair.
The Tesla exec is Georg Bauer, and the former TrueCar CEO is Scott Painter,…