Truecar Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 1.83
Dividend & YieldN/A$ (N/A)
Beta 1.24
Market capitalization 219.4M
Operating cash flow -22.02M
ESG Scores unknown

Company description

TrueCar, Inc. operates as an internet-based information, technology, and communication services company in the United States. It operates its platform on the TrueCar website and mobile applications. Its platform enables users to obtain market-based pricing data on new and used cars, and to connect with its network of TrueCar certified dealers. The company also offers forecast and consulting services regarding determination of the residual value of an automobile at given future points in time, which are used to underwrite automotive loans and leases, and by financial institutions to measure exposure and risk across loan, lease, and fleet portfolios. In addition, it provides accurate, geographically specific, and real-time pricing information for consumers and dealers; TrueCar Trade, which gives consumers information on the value of their trade-in vehicles and enables them to obtain a guaranteed trade-in price before setting foot in the dealership; and DealerScience that provides dealers with advanced digital retailing software tools. The company was formerly known as Zag.com Inc. TrueCar, Inc. was incorporated in 2005 and is headquartered in Santa Monica, California.

Sector: Communication Services - Industry: Internet Content & Information

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 7.54M -4.92M -8.22M -1.81M
Total Cashflows From Investing Activities -43.19M -34.46M 101.9M -4.21M
Net Borrowings
Total Cash From Financing Activities 16.72M -480k -49.24M -38.09M
Change To Operating Activities -6.22M 4.65M -8.34M -10.23M
Issuance Of Stock 19.76M 2.86M 97k 1.39M
Net Income -28.32M -54.89M 76.54M -38.33M
Change In Cash -1.63M -14.59M 91.78M -28.1M
Effect Of Exchange Rate
Total Cash From Operating Activities 24.83M 20.34M 39.12M 14.19M
Depreciation 5.41M 12.09M 11.03M 6.72M
Change To Account Receivables -8.97M 3.99M 2.33M 15.69M
Other Cashflows From Financing Activities -2.26M -2.26M -2.26M -2.21M
Change To Netincome 43.02M 44.87M -48.98M 28.3M
Capital Expenditures -16.12M -10.18M -10.28M -10.69M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development 60.25M 51.15M 40.91M 39.35M
Income Before Tax -32.92M -59.66M -19.84M -38.16M
Net Income -28.32M -54.89M 76.54M -38.33M
Selling General Administrative 263.35M 287.77M 198.52M 185.72M
Gross Profit 308.95M 308.26M 258.22M 209.52M
Ebit -32.44M -51.33M -1.75M -31.83M
Operating Income -32.44M -51.33M -1.75M -31.83M
Interest Expense -2.65M
Income Tax Expense -1.21M -1.32M -6k 206k
Total Revenue 335.09M 335.05M 278.68M 231.7M
Cost Of Revenue 26.14M 26.79M 20.46M 22.18M
Total Other Income ExpenseNet -480k -8.33M -18.09M -6.34M
Net Income From Continuing Ops -31.71M -58.34M -19.84M -38.37M
Net Income Applicable To Common Shares -28.32M -54.89M 76.54M -38.33M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 74.41M 94.42M 75.28M 57.88M
Total Stockholder Equity 346.55M 327.27M 382.78M 329.79M
Other Current Liabilities 200k 755k
Total Assets 420.96M 421.69M 458.06M 387.67M
Common Stock 10k 11k 10k 10k
Other Current Assets 803k 10.01M 10.6M 966k
Retained Earnings -373.48M -432.06M -355.52M -393.85M
Treasury Stock
Cash 196.13M 181.53M 273.31M 245.22M
Total Current Liabilities 41.56M 54.17M 42.88M 31.48M
Other Stockholder Equity
Property, Plant, and Equipment 61.51M 63.84M 50.61M 42.76M
Total Current Assets 255.46M 239.74M 324.94M 269.94M
Net Tangible Assets 249.79M 258.8M 324.98M 273.63M
Net Receivables 51.06M 41.04M 35.22M 17.61M
Accounts Payable 26.3M 21.32M 13.2M 11.36M


Insider Transactions

Here are the insider transactions of stock shares related to Truecar Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
CLAUS CHRISTOPHER WPurchase at price 2.40 per share.D2022-11-15Director40k
MENDEL JOHN WSale at price 2.77 per share.D2022-06-21Director12.58k
MENDEL JOHN WStock Award(Grant) at price 0.00 per share.D2022-05-26Director45.45k
NICHOLS WESLEY AStock Award(Grant) at price 0.00 per share.D2022-05-26Director45.45k
BUCE ROBERT E.Stock Award(Grant) at price 0.00 per share.D2022-05-26Director45.45k
CLAUS CHRISTOPHER WStock Award(Grant) at price 0.00 per share.D2022-05-26Director45.45k
LANTZ ERIN NStock Award(Grant) at price 0.00 per share.D2022-05-26Director45.45k
CARBONE BARBARAStock Award(Grant) at price 0.00 per share.D2022-05-26Director45.45k
IOSOTALUNO FAYEStock Award(Grant) at price 0.00 per share.D2022-05-26Director45.45k
SWART JEFFREY JStock Award(Grant) at price 0.00 per share.D2022-03-31General Counsel94.7k
DARROW MICHAELStock Award(Grant) at price 0.00 per share.D2022-03-31Chief Executive Officer265.08k
REIGERSMAN JANTOONStock Award(Grant) at price 0.00 per share.D2022-03-31Chief Operating Officer256k
MENDEL JOHN WSale at price 3.31 - 3.40 per share.D2022-03-03Director14k
BUCE ROBERT E.Sale at price 4.57 per share.D2021-11-02Director3.5k
IOSOTALUNO FAYEStock Award(Grant) at price 0.00 per share.D2021-10-28Director74.07k
IOSOTALUNO FAYEStock Award(Grant) at price 0.00 per share.D2021-10-28Director71.09k
BUCE ROBERT E.Sale at price 4.50 per share.D2021-10-15Director10.95k
DARROW MICHAELPurchase at price 3.93 per share.D2021-08-13Chief Executive Officer64k
BUCE ROBERT E.Sale at price 5.81 per share.D2021-07-01Director17.5k
BUCE ROBERT E.Sale at price 5.66 per share.D2021-06-01Director17.5k
SWART JEFFREY JSale at price 5.51 - 6.01 per share.D2021-05-26General Counsel90k
MENDEL JOHN WStock Award(Grant) at price 0.00 per share.D2021-05-20Director31.45k
NICHOLS WESLEY AStock Award(Grant) at price 0.00 per share.D2021-05-20Director31.45k
BUCE ROBERT E.Stock Award(Grant) at price 0.00 per share.D2021-05-20Director31.45k
CLAUS CHRISTOPHER WStock Award(Grant) at price 0.00 per share.D2021-05-20Director31.45k
LANTZ ERIN NStock Award(Grant) at price 0.00 per share.D2021-05-20Director31.45k
MCKOY PHILIPStock Award(Grant) at price 0.00 per share.D2021-05-20Director31.45k
CARBONE BARBARAStock Award(Grant) at price 0.00 per share.D2021-05-20Director31.45k
THOMAS CHARLES CSale at price 4.59 per share.D2021-05-19Officer553
BUCE ROBERT E.Sale at price 4.67 per share.D2021-05-18Director6k
THOMAS CHARLES CStock Award(Grant) at price 0.00 per share.D2021-05-11Officer50k
BUCE ROBERT E.Sale at price 4.50 per share.D2021-04-28Director12k
THOMAS CHARLES CSale at price 4.73 per share.D2021-04-16Officer551
BUCE ROBERT E.Sale at price 4.84 per share.D2021-04-15Director12k
THOMAS CHARLES CSale at price 5.22 per share.D2021-03-16Officer111
SMITH SIMON EDWARDSale at price 5.16 per share.D2021-03-15Officer11k
SWART JEFFREY JStock Award(Grant) at price 0.00 per share.D2021-03-12General Counsel54.9k
DARROW MICHAELStock Award(Grant) at price 0.00 per share.D2021-03-12Chief Executive Officer235.29k
REIGERSMAN JANTOONStock Award(Grant) at price 0.00 per share.D2021-03-12Chief Financial Officer78.43k
SMITH SIMON EDWARDSale at price 5.26 per share.D2021-03-10Officer7.7k
THOMAS CHARLES CSale at price 5.16 per share.D2021-02-17Officer499
REIGERSMAN JANTOONStock Award(Grant) at price 0.00 per share.D2021-01-27Chief Financial Officer242.91k
THOMAS CHARLES CSale at price 4.62 per share.D2021-01-19Officer489
BUCE ROBERT E.Conversion of Exercise of derivative security at price 2.83 per share.D2021-01-08Director53.33k
THOMAS CHARLES CSale at price 4.43 per share.D2020-12-16Officer121

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Truecar Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Truecar Inc

Here is the result of two systematic investment strategies applied to Truecar Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Truecar Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Truecar Inc:

Truecar Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -10.38% on the backtest period.

Performance at glance

Performance

-10.38 %

Latent gain

-232.34 $

Invested capital

2239.24 $

Annualized return

-2.51 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on Truecar Inc

This is the result of two momentum investment strategies applied to Truecar Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Truecar Inc

The following chart shows all the entries opened by the momentum investment system on Truecar Inc:

Truecar Inc momentum entries
  • The first momentum investment strategy would give -5.22% of return on Truecar Inc. That represents -195.77$ of latent gain with 3748.41$ of employed capital.
  • The second momentum investment strategy would give -11.96% of return on Truecar Inc. That represents -238.5$ of latent gain with 1993.47$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-5.22 %

Latent gain

-195.77 $

Invested capital

3748.41 $

Annualized return

1.23 %
Performance at glance (2Q Momentum)

Performance

-11.96 %

Latent gain

-238.5 $

Invested capital

1993.47 $

Annualized return

-3.27 %

Momentum equity curve on Truecar Inc

The following chart shows the equity curve of the two momentum strategies applied to Truecar Inc:

Truecar Inc momentum equity

Note: the dividends potentially given by Truecar Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Truecar Inc

The following chart shows the employed capital evolution of the two momentum strategies on Truecar Inc since the beginning:

Truecar Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Truecar Inc

Buy the dip entry openings on Truecar Inc

Truecar Inc

The performance achieved by the robo-advisor on Truecar Inc is 2.64%. That represents 6.6$ of latent gain with 249.6$ of employed capital. The following chart shows Truecar Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Truecar Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

2.64 %

Latent gain

6.6 $

Invested capital

249.6 $

Annualized return

1.23 %

Equity curve of the strategy applied to Truecar Inc

The following chart shows the result of the investment strategy applied to Truecar Inc:

Truecar Inc

Note: the dividends potentially given by Truecar Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Truecar Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Truecar Inc:

Truecar Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Truecar Inc

In this section, I will compare the three previous investment strategies applied to Truecar Inc.

Equity curve comparison on Truecar Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Truecar Inc investment strategy comparison

Employed capital comparison on Truecar Inc

Truecar Inc investment comparison

Performance comparison on Truecar Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -10.38% -232.34$ 2239.24$ -2.51%
Momentum 1 quarter -5.22% -195.77$ 3748.41$ -1.34%
Momentum 2 quarters -11.96% -238.5$ 1993.47$ -3.27%
Non-directional 2.64% 6.6$ 249.6$ 1.23%
Annualized return comparison

Automatic investment

-2.51 %

Momentum 1Q

-3.27 %

Momentum 2Q

-3.27 %

Non-directional

1.23 %


Company information

Company name Truecar Inc
Country United States
City Santa Monica
Address 120 Broadway
Phone 800 200 2000
Website www.truecar.com
FullTime employees 428
Industry Internet Content & Information
Sector Communication Services
Exchange XNAS
Ticker TRUE
Market www.nasdaq.com

Truecar Inc ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown