Porch Group Quarterly Balance Sheets Chart
Quarterly
|
Annual
Porch Group Quarterly Balance Sheets Table
Quarterly
|
Annual
| Unit: USD | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| assets | |||||||||||||||||
| current assets | |||||||||||||||||
| cash and cash equivalents | 167,643,000 | 206,728,000 | 274,246,000 | 279,073,000 | 258,418,000 | 343,008,000 | 265,573,000 | 179,357,000 | 215,060,000 | 260,198,000 | 271,003,000 | 292,373,000 | 315,741,000 | 410,217,000 | 150,201,000 | 196,046,000 | |
| accounts receivable | 19,106,000 | 21,318,000 | 21,437,000 | 20,801,000 | 24,288,000 | 26,890,000 | 24,715,000 | 23,600,000 | 26,438,000 | 37,032,000 | 38,474,000 | 29,996,000 | 28,767,000 | 33,641,000 | 22,982,000 | 4,661,000 | |
| short-term investments | 24,099,000 | 31,843,000 | 34,152,000 | 31,175,000 | 35,588,000 | 28,679,000 | |||||||||||
| reinsurance balance due | 92,303,000 | 103,429,000 | 104,730,000 | 75,419,000 | 83,582,000 | 98,491,000 | |||||||||||
| prepaid expenses and other current assets | 15,295,000 | 17,027,000 | 18,168,000 | 16,666,000 | 13,214,000 | 45,981,000 | 29,665,000 | 30,834,000 | 20,009,000 | 21,160,000 | 22,621,000 | 21,087,000 | 14,338,000 | 8,636,000 | 6,844,000 | 3,891,000 | |
| deferred policy acquisition costs | 17,542,000 | 16,575,000 | 16,279,000 | 20,422,000 | 27,174,000 | ||||||||||||
| restricted cash and cash equivalents | 29,139,000 | 9,950,000 | 11,119,000 | 36,820,000 | 38,814,000 | ||||||||||||
| total current assets | 365,127,000 | 406,870,000 | 480,131,000 | 480,376,000 | 481,078,000 | 561,755,000 | 657,848,000 | 575,803,000 | 610,635,000 | 645,885,000 | 624,808,000 | 601,819,000 | 605,064,000 | 713,420,000 | 500,354,000 | 216,005,000 | 1,630,467 |
| property, equipment, and software | 22,542,000 | 21,141,000 | 19,278,000 | 17,588,000 | 16,861,000 | 15,660,000 | 14,768,000 | 13,727,000 | 12,240,000 | 11,236,000 | 9,984,000 | 8,340,000 | 6,666,000 | 7,656,000 | 7,888,000 | 4,593,000 | |
| goodwill | 191,907,000 | 191,907,000 | 191,907,000 | 191,907,000 | 191,907,000 | 191,907,000 | 191,907,000 | 247,118,000 | 244,697,000 | 228,091,000 | 273,831,000 | 226,576,000 | 225,654,000 | 170,427,000 | 120,961,000 | 28,289,000 | |
| long-term investments | 158,652,000 | 165,935,000 | 101,409,000 | 102,941,000 | 103,588,000 | 86,689,000 | |||||||||||
| intangible assets | 68,746,000 | 73,273,000 | 77,800,000 | 82,505,000 | 87,216,000 | 91,952,000 | 96,826,000 | 101,753,000 | 108,255,000 | 111,728,000 | 136,575,000 | 124,306,000 | 129,830,000 | 91,650,000 | 84,670,000 | 15,961,000 | |
| other assets | 6,994,000 | 8,138,000 | 5,581,000 | 5,600,000 | 5,314,000 | 5,748,000 | 2,015,000 | 2,346,000 | 1,646,000 | 3,057,000 | 1,519,000 | 5,373,000 | 684,000 | 368,000 | 368,000 | 378,000 | |
| total assets | 813,968,000 | 867,264,000 | 876,106,000 | 881,113,000 | 899,393,000 | 967,384,000 | 1,047,143,000 | 1,016,716,000 | 1,049,057,000 | 1,072,481,000 | 1,119,958,000 | 1,036,762,000 | 1,038,747,000 | 1,050,326,000 | 777,624,000 | 268,591,000 | 174,369,172 |
| liabilities and stockholders' deficit | |||||||||||||||||
| current liabilities | |||||||||||||||||
| accounts payable | 4,538,000 | 5,145,000 | 3,134,000 | 5,250,000 | 8,761,000 | 9,054,000 | 9,330,000 | 6,200,000 | 6,268,000 | 6,717,000 | 7,739,000 | 8,016,000 | 6,965,000 | 5,525,000 | 4,621,000 | 8,903,000 | 27,750 |
| accrued expenses and other current liabilities | 41,245,000 | 46,946,000 | 45,536,000 | 53,466,000 | 59,396,000 | 42,257,000 | 33,873,000 | 38,856,000 | 39,742,000 | 36,847,000 | 47,967,000 | 35,029,000 | 37,675,000 | 57,274,000 | 25,670,000 | 9,991,000 | |
| deferred revenue | 248,669,000 | 251,777,000 | 223,202,000 | 215,771,000 | 248,683,000 | 265,483,000 | 256,617,000 | 246,502,000 | 270,690,000 | 277,616,000 | 243,425,000 | 198,857,000 | 201,085,000 | 190,137,000 | 162,627,000 | 4,870,000 | |
| refundable customer deposits | 12,629,000 | 13,126,000 | 14,480,000 | 16,040,000 | 17,980,000 | 19,424,000 | 19,929,000 | 20,984,000 | 20,142,000 | ||||||||
| current debt | 150,000 | 150,000 | 150,000 | 150,000 | 244,000 | 1,647,000 | 5,439,000 | 10,392,000 | 16,455,000 | ||||||||
| losses and loss adjustment expense reserves | 67,785,000 | 100,610,000 | 133,220,000 | 112,560,000 | 95,503,000 | 129,775,000 | |||||||||||
| other insurance liabilities, current | 39,140,000 | 73,753,000 | 67,200,000 | 40,742,000 | 31,585,000 | 54,183,000 | |||||||||||
| total current liabilities | 414,156,000 | 491,507,000 | 486,922,000 | 443,979,000 | 462,152,000 | 521,823,000 | 603,746,000 | 516,883,000 | 515,639,000 | 503,565,000 | 468,937,000 | 381,395,000 | 363,122,000 | 377,108,000 | 417,029,000 | 31,174,000 | 170,820 |
| long-term debt | 403,788,000 | 398,882,000 | 436,635,000 | 432,082,000 | 435,495,000 | 431,186,000 | 426,965,000 | 425,383,000 | 425,310,000 | 425,012,000 | 416,568,000 | 415,002,000 | 414,585,000 | 417,976,000 | 43,834,000 | 43,237,000 | |
| other liabilities | 39,249,000 | 53,918,000 | 54,458,000 | 48,910,000 | 37,429,000 | 23,217,000 | 23,826,000 | 26,183,000 | 25,468,000 | 24,952,000 | 30,825,000 | 15,528,000 | 12,242,000 | 5,449,000 | 5,486,000 | 3,798,000 | |
| total liabilities | 857,193,000 | 944,307,000 | 978,015,000 | 924,971,000 | 935,076,000 | 1,004,564,000 | 1,083,885,000 | 971,440,000 | 969,704,000 | 957,356,000 | 920,978,000 | 821,883,000 | 821,702,000 | 858,050,000 | 548,854,000 | 129,180,000 | 6,208,320 |
| commitments and contingencies | |||||||||||||||||
| stockholders' deficit | |||||||||||||||||
| common stock | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 8,000 | |
| authorized shares – 400 million and 400 million, at december 31, 2024 and 2023, respectively | |||||||||||||||||
| issued and outstanding shares – 119.8 million and 97.1 million, at december 31, 2024 and 2023, respectively | |||||||||||||||||
| additional paid-in capital | 717,066,000 | 709,364,000 | 702,720,000 | 696,240,000 | 690,223,000 | 690,024,000 | 683,151,000 | 677,426,000 | 670,537,000 | 664,362,000 | 659,814,000 | 647,551,000 | 641,406,000 | 596,156,000 | 627,396,000 | 454,486,000 | 4,967,368 |
| accumulated other comprehensive loss | -5,446,000 | -1,058,000 | -4,898,000 | -4,690,000 | -3,860,000 | -7,643,000 | |||||||||||
| accumulated deficit | -754,855,000 | -785,359,000 | -799,741,000 | -735,418,000 | -722,056,000 | -719,571,000 | -713,827,000 | -626,864,000 | -585,023,000 | -542,676,000 | -456,285,000 | -429,908,000 | -424,112,000 | -404,003,000 | -398,903,000 | -315,083,000 | |
| total stockholders' deficit | -43,225,000 | -77,043,000 | -101,909,000 | ||||||||||||||
| total liabilities and stockholders' deficit | 813,968,000 | 867,264,000 | 876,106,000 | ||||||||||||||
| authorized shares – 400 million and 400 million, at september 30, 2024, and december 31, 2023, respectively | |||||||||||||||||
| issued and outstanding shares – 118.9 million and 97.1 million, at september 30, 2024, and december 31, 2023, respectively | |||||||||||||||||
| authorized shares – 400 million and 400 million, at june 30, 2024, and december 31, 2024, respectively | |||||||||||||||||
| issued and outstanding shares – 104.5 million and 97.1 million, at june 30, 2024, and december 31, 2024, respectively | |||||||||||||||||
| long-term insurance commissions receivable | 196,000 | 13,429,000 | 13,673,000 | ||||||||||||||
| liabilities and stockholders’ equity | |||||||||||||||||
| stockholders’ equity | |||||||||||||||||
| authorized shares – 400 million and 400 million, at march 31, 2024, and december 31, 2023, respectively | |||||||||||||||||
| issued and outstanding shares – 97.9 million and 97.1 million, at march 31, 2024, and december 31, 2023, respectively | |||||||||||||||||
| total stockholders’ equity | -43,858,000 | -35,683,000 | -37,180,000 | -36,742,000 | 45,276,000 | 79,353,000 | 115,125,000 | 198,980,000 | 214,879,000 | 217,045,000 | 192,276,000 | 228,770,000 | 139,411,000 | 5,000,002 | |||
| total liabilities and stockholders’ equity | 881,113,000 | 899,393,000 | 967,384,000 | 1,047,143,000 | 1,016,716,000 | 1,049,057,000 | 1,072,481,000 | 1,119,958,000 | 1,036,762,000 | 1,038,747,000 | 1,050,326,000 | 777,624,000 | 268,591,000 | 174,369,172 | |||
| authorized shares – 400 million and 400 million, at december 31, 2023 and 2022, respectively | |||||||||||||||||
| issued and outstanding shares – 97.1 million and 98.5 million, at december 31, 2023 and 2022, respectively | |||||||||||||||||
| restricted cash | 18,706,000 | ||||||||||||||||
| operating lease liabilities, non-current | 1,897,000 | ||||||||||||||||
| earnout liability, at fair value | 44,000 | ||||||||||||||||
| private warrant liability, at fair value | 87,000 | ||||||||||||||||
| derivative liability, at fair value | 26,310,000 | ||||||||||||||||
| authorized shares – 400,000,000 and 400,000,000, respectively | |||||||||||||||||
| issued and outstanding shares – 98,482,323 and 98,455,838, respectively | |||||||||||||||||
| operating lease right-of-use assets | |||||||||||||||||
| | |||||||||||||||||
| issued and outstanding shares – 98,168,956 and 98,455,838, respectively | |||||||||||||||||
| issued and outstanding shares – 97,018,032 and 98,455,838, respectively | |||||||||||||||||
| restricted cash, non-current | 500,000 | 500,000 | 500,000 | 500,000 | 1,000,000 | ||||||||||||
| issued and outstanding shares – 98,455,838 and 97,961,597, respectively | |||||||||||||||||
| refundable customer deposit | 19,867,000 | 19,246,000 | 16,686,000 | 15,274,000 | 1,509,000 | 2,299,000 | 2,664,000 | ||||||||||
| current portion of long-term debt | 6,275,000 | 150,000 | 150,000 | 150,000 | 107,000 | 104,000 | 4,746,000 | ||||||||||
| issued and outstanding shares – 100,410,325 and 97,961,597, respectively | |||||||||||||||||
| issued and outstanding shares – 99,440,528 and 97,961,597, respectively | |||||||||||||||||
| issued and outstanding shares – 98,297,186 and 97,961,597, respectively | |||||||||||||||||
| refundable customer deposit, non-current | 378,000 | 529,000 | |||||||||||||||
| issued and outstanding shares – 97,961,597 and 81,669,151, respectively | |||||||||||||||||
| issued and outstanding shares – 97,332,998 and 81,669,151, respectively | |||||||||||||||||
| accumulated other comprehensive income | |||||||||||||||||
| issued and outstanding shares – 96,293,416 and 81,669,151, respectively | |||||||||||||||||
| accrued acquisition compensation | |||||||||||||||||
| authorized shares – 400,000,000 and 52,575,160 | |||||||||||||||||
| issued and outstanding shares – 81,669,151 and 34,197,822 | |||||||||||||||||
| assets: | |||||||||||||||||
| current assets: | |||||||||||||||||
| cash | 1,412,901 | ||||||||||||||||
| prepaid expenses | 217,566 | ||||||||||||||||
| investments held in trust account | 172,738,705 | ||||||||||||||||
| liabilities and stockholders’ equity: | |||||||||||||||||
| current liabilities: | |||||||||||||||||
| accrued expenses | 26,711 | ||||||||||||||||
| franchise tax payable | 83,836 | ||||||||||||||||
| income tax payable | 32,523 | ||||||||||||||||
| deferred underwriting commissions | 6,037,500 | ||||||||||||||||
| commitments | |||||||||||||||||
| class a common stock | 163,160,850 | ||||||||||||||||
| stockholders’ equity: | |||||||||||||||||
| preferred stock, 0.0001 par value; 1,000,000 shares authorized; none issued and outstanding | |||||||||||||||||
| class b common stock | 431 | ||||||||||||||||
| retained earnings | 32,110 |
We provide you with 20 years of balance sheets for Porch Group stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as asset and liabilities, payables and receivables, long debts and short debts, cash and inventories, expenses and profits. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Porch Group. Explore the full financial landscape of Porch Group stock with our expertly curated balance sheets.
The information provided in this report about Porch Group stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.