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PRCH| Name | Value |
|---|---|
| Revenues | 87.4M |
| Cost of Revenue | 51.3M |
| Gross Profit | 36.1M |
| Operating Expense | 72.6M |
| Operating I/L | -36.5M |
| Other Income/Expense | -0.3M |
| Interest Income | 0.8M |
| Pretax | -38.9M |
| Income Tax Expense | -0.1M |
| Net Income/Loss | -38.7M |
Porch Group, Inc. operates a software platform in the United States and Canada, generating revenue through two segments. The Vertical Software segment provides software and services to home services companies, offering early access to homebuyers and homeowners. It serves home services companies, consumers, service providers, and TV/Internet providers through various brands. The Insurance segment offers property-related insurance policies through its risk-bearing carrier and independent agency, as well as a risk-bearing home warranty company. It provides property and casualty, home, auto, flood, and umbrella insurance products, along with contractor services.
