Financial Statements

Porch Group, Inc. (PRCH)

$2.23

+0.19 (+9.31%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019
Retained Earnings (Previous Year) -315-263-
Net Income -109-52-103
Stock Dividends -230-160
Dividend Paid --30-
Retained Earnings -427-315-263

PPE Schedule

Year 2021 2020 2019
Gross PPE 57-
Annual Depreciation 11111
Capital Expenditure -5-3-5
Net PPE 1157

Intangible and Goodwill Schedule

Year 2021 2020 2019
Intangible and Goodwill (Previous Year) -1828
New Purchases ---24
Intangible and Goodwill 1828226

Porch Group, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Porch Group, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.