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TRUE| Name | Value |
|---|---|
| Revenues | 46.2M |
| Cost of Revenue | -0.4M |
| Gross Profit | 46.6M |
| Operating Expense | 53.8M |
| Operating I/L | -7.2M |
| Other Income/Expense | 1.4M |
| Interest Income | 1.3M |
| Pretax | -5.8M |
| Income Tax Expense | 0.0M |
| Net Income/Loss | -5.8M |
TrueCar, Inc. operates an internet-based platform providing market-based pricing data on new and used cars, connecting users with TrueCar certified dealers. The company also offers forecast and consulting services for determining the residual value of automobiles, used in underwriting automotive loans and leases. TrueCar provides accurate, real-time pricing information for consumers and dealers, as well as TrueCar Trade, offering consumers trade-in vehicle values and guaranteed trade-in prices. Additionally, DealerScience provides dealers with digital retailing software tools. TrueCar generates revenue through its network of certified dealers and consulting services for automotive loans and leases.
