Porch Group, Inc. (PRCH) Contract Liabilities — Quarterly & Annual

Screener

Contract Liabilities at other companies

Angi Inc.ANGI

$100K0.0%

Erie Indemnity CompanyERIE

$22.94M+5.7%

Frontdoor, Inc.FTDR

$15M-25.0%

ROP

Roper Technologies, Inc.ROP

$165.5M+0.4%

Altisource Portfolio SolutionsASPS

$73K+30.4%

Meritage HomesMTH

$10.91M-38.2%

Segments

By segment

Software & Data$1.89M-40.2%

Other financials

Income statement

Revenue$140.9M+18.1%

Gross profit$87.6M+15.4%

Operating income-$4.1M-181%

Net income$5.6M+117%

EPS (diluted)$0.05—

Balance sheet

Cash & equivalents$195.6M+4.1%

Total debt$405.3M+2.8%

Total equity-$11.8M+59.6%

Total assets$819.0M+6.3%

Cash flow

Operating cash flow$41.3M+16.0%

CapEx$372.0K+80.6%

Free cash flow$40.9M+15.6%

Valuation

Market cap$1.8B+15.9%

Enterprise value$2.01B+14.2%

P/S3.5×-0.1×

Profitability

Gross margin72.5%+6.0pp

Operating margin7.8%—

Net margin-2.6%—

FCF margin18.4%—

Returns & leverage

Return on equity-144.9%-188pp

Debt / equity9.7×+7.6×

Current ratio1.4×-0.3×

FAQ

What does contract liabilities mean?: Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.