Porch Group, Inc. (PRCH)
2025-06-30 | 2025-03-31 | |||
---|---|---|---|---|
Revenue | 119,295 | 104,745 | ||
Cost of revenue | 43,422 | 39,297 | ||
Gross profit | 75,873 | 65,448 | ||
General and administrative | 30,890 | 23,997 | ||
Product and technology | 13,076 | 13,201 | ||
Selling and marketing | 26,858 | 29,516 | ||
Operating income (loss) | 5,049 | -1,266 | ||
Other income, net | 1,493 | 8,400 | ||
Interest expense | 12,056 | 11,246 | ||
Gain on extinguishment of debt | 34 | - | ||
Change in fair value of derivatives | 12,853 | 6,673 | ||
Investment income and realized gains and losses, net of investment expenses | 2,665 | 2,810 | ||
Change in fair value of private warrant liability | 2,878 | 732 | ||
Total other income (expense) | 2,111 | 5,905 | ||
Income (loss) before income taxes | 7,160 | 4,639 | ||
Income tax benefit (provision) | -1,087 | 903 | ||
Net income (loss) | 8,247 | 3,736 | ||
Less net income attributable to the reciprocal | 5,668 | -4,659 | ||
Net income (loss) attributable to porch | 2,579 | 8,395 | ||
Net income (loss) attributable to porch per share - basic (in usd per share) | 0.03 | 0.08 | ||
Net income (loss) attributable to porch per share - diluted (in usd per share) | - | 0.07 | ||
Weighted average shares outstanding used to compute net income (loss) attributable to porch per share - basic (in shares) | 103,160,000 | 101,703,000 | ||
Weighted average shares outstanding used to compute net income (loss) attributable to porch per share - diluted (in shares) | 131,679,000 | 113,304,000 |