TRUECAR, INC. TRUE Income Statement

Truecar, inc. (TRUE)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Sep'13	Jun'13
Revenues (includes related party revenue of $1,247 and $163 for the three months ended March 31, 2020 and 2019, respectively)
351,824	353,880	355,286	358,317	358,092	353,571	345,630	334,484	328,453	323,149	314,097	306,796	291,404	277,507	267,014	264,280	263,144	259,838	251,721	236,067	221,273	206,649	188,725	163,197	0	0	0
Costs and operating expenses:
Cost of revenue (exclusive of depreciation and amortization presented separately below; includes related party cost of revenue of $285 and $134 for the three months ended March 31, 2020 and 2019, respectively)
31,712	33,427	33,872	33,218	32,638	31,154	30,558	29,909	29,287	28,227	26,867	26,099	25,334	25,167	24,897	24,529	24,091	23,657	22,660	21,374	19,584	17,513	16,175	15,182	0	0	0
Sales and marketing (includes related party expenses of $1,959 and $5,473 for the three months ended March 31, 2020 and 2019, respectively)
221,179	229,342	228,884	227,954	219,735	213,415	205,362	196,714	191,633	185,397	179,107	173,281	164,477	154,406	147,664	149,076	151,404	151,002	147,246	139,676	132,511	128,569	119,336	98,563	0	0	0
Technology and development
53,750	57,188	59,441	61,759	61,408	61,348	62,586	62,598	61,035	59,070	56,382	54,178	54,069	53,580	55,257	54,444	51,401	48,021	42,893	41,459	38,993	36,563	32,261	26,973	0	0	0
General and administrative
62,356	65,148	62,639	63,651	55,763	54,140	58,617	59,580	61,499	61,646	58,683	57,455	58,040	59,908	75,110	77,812	80,221	83,494	69,064	67,516	65,548	58,296	50,591	42,301	0	0	0
Goodwill impairment
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
25,447	25,591	25,196	25,043	23,917	22,677	21,763	21,536	21,563	22,472	23,055	23,325	23,525	23,345	22,932	21,374	19,625	17,646	16,260	15,171	14,024	13,213	12,715	12,195	0	0	0
Total costs and operating expenses
404,631	410,696	410,032	411,625	393,461	382,734	378,886	370,337	365,017	356,812	344,094	334,338	325,445	316,406	325,860	327,235	326,742	323,820	298,123	285,196	270,660	254,154	231,078	195,214	0	0	0
Loss from operations
-52,807	-56,816	-54,746	-53,308	-35,369	-29,163	-33,256	-35,853	-36,564	-33,663	-29,997	-27,542	-34,041	-38,899	-58,846	-62,955	-63,598	-63,982	-46,402	-49,129	-49,387	-47,505	-42,353	-32,017	0	0	0
Interest income
3,027	3,495	3,894	3,927	3,711	3,314	2,718	2,232	1,731	1,260	874	563	416	376	322	258	180	107	89	76	62	59	71	86	0	0	0
Loss from equity method investment
-1,662	-1,280	-737	-273	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
-	-	664	1,326	-	2,649	2,640	2,632	2,622	2,610	2,600	2,591	2,571	2,530	2,006	1,520	1,006	443	374	242	255	380	386	869	0	0	0
Other income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13	34	44	0	-	0	0	-	0	0
Loss before income taxes
-51,442	-54,601	-52,253	-50,980	-33,646	-28,498	-33,178	-36,253	-37,455	-35,013	-31,723	-29,570	-36,196	-41,053	-60,531	-64,218	-64,422	-64,305	-46,666	-49,254	-49,532	-47,789	-42,633	-32,779	0	0	0
(Benefit from) provision for income taxes
-200	300	296	96	-39	-200	-2,839	-2,618	-2,382	-2,200	601	671	640	655	671	653	533	606	635	582	599	640	573	589	0	0	0
Net loss
-51,194	-54,890	-52,470	-51,069	-33,631	-28,321	-30,403	-33,671	-35,109	-32,849	-32,324	-30,241	-36,836	-41,708	-61,202	-64,871	-64,955	-64,911	-47,301	-49,836	-50,131	-48,429	-43,206	-33,368	0	0	0
Net loss per share attributable to common stockholders:
Net loss per share, basic and diluted (in dollars per share)
-0.10	-0.08	-0.07	-0.23	-0.14	-0.06	-0.06	-0.07	-0.09	-0.08	-0.10	-0.09	-0.08	-0.09	-0.09	-0.17	-0.14	-0.34	-0.13	-0.18	-0.14	-0.11	-0.18	-0.22	-0.17	-0.08	-0.07
Weighted average common shares outstanding, basic and diluted (in shares)
107,024	106,708	106,239	105,485	104,788	104,110	102,765	101,150	100,571	100,267	98,665	93,745	86,783	85,717	84,822	83,931	83,462	82,766	82,417	82,012	80,461	78,582	76,880	67,784	60,102	59,799	58,313
Other comprehensive loss:
Other comprehensive loss:
Comprehensive loss
-51,194	-54,890	-52,470	-51,069	-33,631	-28,321	-30,403	-33,671	-35,109	-32,849	-32,324	-30,241	-36,836	-41,708	-61,202	-64,871	-64,955	-64,911	-47,301	-49,836	-50,131	-48,429	-43,206	-33,368	0	0	0