Price: $3.3100
$0.04
1.223%
|
Day's High:
| $3.4
| Week Perf:
| -9.81 %
|
Day's Low: |
$ 3.14 |
30 Day Perf: |
-15.78 % |
Volume (M): |
314 |
52 Wk High: |
$ 4.05 |
Volume (M$): |
$ 1,039 |
52 Wk Avg: |
$2.63 |
Open: |
$3.25 |
52 Wk Low: |
$1.76 |
|
|
Market Capitalization (Millions $) |
300 |
Shares
Outstanding (Millions) |
90 |
Employees |
686 |
Revenues (TTM) (Millions $) |
159 |
Net Income (TTM) (Millions $) |
-50 |
Cash Flow (TTM) (Millions $) |
-39 |
Capital Exp. (TTM) (Millions $) |
12 |
Truecar Inc
Our Mission: We exist to be the most transparent brand in automotive, to serve
as a catalyst that dramatically improves the way people discover, buy and sell
cars.
We have established a diverse software ecosystem on a common technology infrastructure,
powered by proprietary data and analytics. Our company-branded platform is available
on our TrueCar website and mobile applications. In addition, we customize and
operate our platform on a co-branded basis for our many affinity group marketing
partners, including financial institutions like USAA, Chase and American Express,
membership-based organizations like Consumer Reports, AARP, Sams Club and AAA,
and employee buying programs for large enterprises such as IBM and Walmart.
We enable users to obtain market-based pricing data on new and used cars, and
to connect with our network of TrueCar Certified Dealers. We also allow automobile
manufacturers, known in the industry as OEMs, to connect with TrueCar users
during the purchase process and efficiently deliver targeted incentives to consumers.
We benefit consumers by providing information related to what others have paid
for a make, model and trim of car in their area and guaranteed savings off the
manufacturer’s suggested retail price, or MSRP, for that make, model and
trim, as well as, in most instances, price offers on actual vehicle inventory,
which we refer to as VIN-based offers, from our network of TrueCar Certified
Dealers. Guaranteed savings off MSRP are reflected in a Guaranteed Savings Certificate
which the consumer may then take to the dealer and apply toward the purchase
of the specified make, model and trim of car. VIN-based offers provide consumers
with price offers for specific vehicles from specific dealers. We benefit our
network of TrueCar Certified Dealers by enabling them to attract these informed,
in-market consumers in a cost-effective, accountable manner, which we believe
helps them to sell more cars profitably. We benefit OEMs by allowing them to
more effectively target their incentive spending at deep-in-market consumers
during their purchase process.
Our network of over 15,000 TrueCar Certified Dealers consists primarily of
new car franchises, representing all major makes of cars, as well as independent
dealers selling used vehicles. TrueCar Certified Dealers operate in all 50 states
and the District of Columbia.
Our subsidiary, ALG, Inc., provides forecasts and consulting services regarding
determination of the residual value of an automobile at given future points
in time. These residual values are used to underwrite automotive loans and leases
to determine payments by consumers. In addition, financial institutions use
this information to measure exposure and risk across loan, lease and fleet portfolios.
We also obtain automobile purchase data from a variety of sources and use this
data to provide consumers and dealers with highly accurate, geographically specific,
real-time pricing information.
Company Address: 1401 Ocean Avenue Santa Monica 90401 CA
Company Phone Number: 200?2000 Stock Exchange / Ticker: NASDAQ TRUE
TRUE is expected to report next financial results on April 13, 2024. |
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Customers Net Income grew by |
TRUE's Customers Net Profit Margin grew to |
80.86 % |
15.1 %
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Stock Performances by Major Competitors |
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Phi Group Inc
Phi Group Inc, an Internet Services and Social Media company, has recently released its financial report for the October to December 31, 2023 period. The results are nothing short of abysmal, indicating a significant decline in revenue and net shortfall compared to the previous year. Moreover, the substantial stock price drop in March 2024 and the stock's continuous decline over the past year are alarming signs of an underlying issue. This article aims to delve into the reasons behind Phi Group Inc's dismal performance and provide insight into the bearish outlook for the company. 1. Declining Revenue and Net Shortfall: Phi Group Inc revealed only $0.005 million in revenue for the October to December 31, 2023 span. This figure signifies a worrisome decline compared to previous periods, creating doubts about the company's ability to generate consistent income. Adding to this concern is the substantial net shortfall of $-1.712 million, which is significantly larger than the $-0.617 million reported a year ago. This indicates that Phi Group Inc is struggling to effectively manage its financial resources, leading to significant losses.
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Gan Limited
Gan Limited, a leading North American B2B technology provider and International B2C operator in the gaming industry, has reported its unaudited financial results for the quarter and year ended December 31, 2023. The results show a decrease in revenue compared to the previous year, but also highlights the company's efforts to reduce its deficit per share and its growth potential under new leadership. In the financial interval ending December 31, 2023, Gan Limited reported a loss of $0.21 per share, an improvement from $3.45 loss per share in the previous year. However, there was a slight increase in deficit from $0.18 per share in the prior reporting season. The company's revenue also declined by 16.867% to $30.72 million from $36.95 million in the comparable reporting season a year ago, but sequentially it saw a 3.012% surge from $29.82 million.
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System1 Inc
System1 Inc, an omnichannel customer acquisition marketing platform, recently released its financial report for the fourth quarter of 2023. The company experienced a significant decrease in its returns, with a loss of $0.31 per share compared to a gain of $0.92 per share in the previous year. This decline follows a loss of $1.40 per share in the prior financial reporting period. Likewise, the company's net loss for the period from October to December 2023 amounted to $34.955 million, contrasting with net proceeds of $97.676 million in the same period the year before. Operating earnings also took a hit, falling by 92.26% to $8.773 million, resulting in a considerable decrease in System1 Inc's operating margin from 94.54% in the fourth quarter of 2022 to -934.29%. The company's accounts receivable declined to $56.1 million, which some analysts attribute to slowing demand.
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Rackspace Technology Inc
In a recent update, Rackspace Technology, a leading end-to-end hybrid, multicloud, and AI solutions company, has made significant announcements regarding offers to eligible holders for the exchange and funding of its existing senior secured notes. These strategic moves aim to enhance the company's financial position and support its growth objectives, assuring investors of a sound future despite some recent turbulent financial results. Financial Performance: Despite a decline in revenue during the fiscal fourth quarter of 2023, Rackspace Technology managed to achieve a remarkable turnaround by posting an impressive earnings per share (EPS) of $0.13, as opposed to a previous $-1.00 deficit. In comparison to the same quarter the previous year, revenue deteriorated by 8.513% to $720.00 million from $787.00 million. It is important to note that this drop in top-line revenue is in contrast to the rest of the Internet Services and Social Media industry, which witnessed a revenue rise during the same period.
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Baidu Inc
The financial results for the October to December 31, 2023 period for Baidu Inc showcase a strong performance with a significant increase in both revenue and net earnings. The company reported a revenue growth of 5.728% to $18.96 billion compared to $17.93 billion in the same quarter a year ago. Additionally, the bottom-line saw a remarkable increase of 178.02% to $3,036.000 million from $1,092.000 million in the previous year. Moreover, Baidu Inc highlighted the improvement in profit margins, with the net margin rising to 16.01% and the operating margin edging up to 16.24%. Although the operating earnings improved by 33.42% to $3,078 million, the top-line rise was slightly below the industry average at 15.44%.
|
Per Share |
Current |
Earnings (TTM) |
-0.56 $ |
Revenues (TTM) |
1.75 $
|
Cash Flow (TTM) |
- |
Cash |
1.51 $
|
Book Value |
1.77 $
|
Dividend (TTM) |
0.07 $ |
|
Per Share |
|
Earnings (TTM) |
-0.56 $
|
Revenues (TTM) |
1.75 $ |
Cash Flow (TTM) |
- |
Cash |
1.51 $
|
Book Value |
1.77 $ |
Dividend (TTM) |
0.07 $ |
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