Summary
PRCH Chart
Porch Group Announces Closing of Transaction Retiring Majority of 2026 Unsecured Notes and Plans to Retire Additional Debt With Limited Anticipated Dilution to Stockholders
SEATTLE--(BUSINESS WIRE)--Porch Group Announces Closing of Transaction Retiring Majority of 2026 Unsecured Notes.
Porch Group: The Inflection Is Real, And I'm Staying Long
Porch Group, Inc.'s shift to a fee-based insurance model has driven record profitability, improved margins, and reduced underwriting risk, validating my earlier Buy rating. Q1 2025 results show strong operational execution: 86% gross profit growth, positive net income, and $27 million in operating cash flow. Despite macro headwinds and high debt, Porch's scalable platform and recurring high-margin revenue position PRCH stock for long-term growth and re-rating.
Porch Group: Up 50%+ Post-Earnings--But Is The Rally Justified?
Porch Group operates as a vertical software and insurance platform with three revenue streams: insurance services, software and data, and consumer services. Despite recent revenue generation of $427.2 million, Porch faces substantial operating losses, consistent cash burn, and a stretched balance sheet with over $400 million in long-term debt. Porch's valuation, with an EV/Revenue multiple of 3.1x, appears high given its flat year-over-year revenue growth compared to peers like Hippo and Lemonade.
Porch Group Inc. Dividends
Porch Group Inc. Earnings
| 12 Jun 2025 (3 Days) Date | | - Cons. EPS | 0.04 EPS |
| 5 Mar 2025 Date | | 0.14 Cons. EPS | 0.09 EPS |
| 7 Nov 2024 Date | | - Cons. EPS | 0.12 EPS |
| 5 Nov 2024 Date | | - Cons. EPS | - EPS |
| 6 Aug 2024 Date | | - Cons. EPS | - EPS |
| 12 Jun 2025 (3 Days) Date | | - Cons. EPS | 0.04 EPS |
| 5 Mar 2025 Date | | 0.14 Cons. EPS | 0.09 EPS |
| 7 Nov 2024 Date | | - Cons. EPS | 0.12 EPS |
| 5 Nov 2024 Date | | - Cons. EPS | - EPS |
| 6 Aug 2024 Date | | - Cons. EPS | - EPS |
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Porch Group Inc. Profile
| Software - Application Industry | Technology Sector | Mr. Matthew Ehrlichman CEO | NASDAQ (CM) Exchange | 733245104 Cusip |
| US Country | 729 Employees | - Last Dividend | - Last Split | 13 Jan 2020 IPO Date |
Overview
Porch Group, Inc. is a diverse company that operates a comprehensive vertical software and insurance platform specifically designed for the United States market. Established in 2011 with its headquarters in Seattle, Washington, the company supports its clients through two main segments: Vertical Software and Insurance. Porch Group, Inc. aims to streamline operations and enhance the efficacy of companies in the inspection, mortgage, title, and insurance sectors by leveraging technology and providing a suite of relevant services and products. By catering to specific needs within these industries, Porch Group, Inc. facilitates smoother transactions, offers protection products, and helps businesses operate more effectively.
Products and Services
- Inspection Software and Services: This offers a comprehensive suite of tools and services designed for inspection companies. These tools enable inspectors to streamline their operations, from scheduling inspections to generating and delivering reports to clients.
- Title Insurance Software: Tailored for title insurance companies, this software facilitates the management of title insurance documents, making the process of buying and selling real estate smoother for all parties involved.
- Mortgage Software: Mortgage companies benefit from this software that helps manage and streamline the mortgage process, from application through to closing, enhancing efficiency and client satisfaction.
- Moving Services: This service assists individuals and families in the moving process, offering solutions and support for a stress-free move. This encompasses everything from finding movers to managing the move logistics.
- Mover and Homeowner Marketing: Aimed at connecting movers with homeowners, this service provides marketing solutions designed to facilitate these connections, thereby benefiting both parties.
- Measurement Software for Roofers: This specialized software helps roofing companies accurately measure roofs for quotations and installations, leading to better service provision and customer satisfaction.
- Property-Related Insurance: Within the Insurance segment, Porch Group, Inc. offers various insurance products designed to protect homeowners' properties. This includes homeowners' insurance policies that cover potential property damages and liabilities.
- Captive Reinsurance Products: These products are designed for those looking to get involved in the insurance industry by providing insurance to others while bearing the risk themselves, under the guidance and framework provided by Porch Group, Inc.
- Warranty Products: Offered under the Porch Warranty, American Home Protect, and Residential Warranty Services brands, these products provide warranties to homeowners, covering repairs and replacements of major home systems and appliances, thus ensuring peace of mind.
Contact Information
