TrueCar, Inc. (TRUE) financial statements (2021 and earlier)

Company profile

Business Address 120 BROADWAY, SUITE 200
SANTA MONICA, CA 90401
State of Incorp. DE
Fiscal Year End December 31
SIC 737 - Computer Programming, Data Processing, And Other Computer Related Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments273182196198108112148
Cash and cash equivalents273182196198108112148
Receivables33454839373431
Prepaid expense6775665
Other current assets13641213
Other undisclosed current assets      (2)
Total current assets:325240255244153153185
Noncurrent Assets
Operating lease, right-of-use asset29 
Property, plant and equipment21306271677131
Long-term investments and receivables2022     
Long-term investments2022     
Intangible assets, net (including goodwill)58919769737781
Goodwill51737353535353
Intangible assets, net (excluding goodwill)7172316202428
Other noncurrent assets5471210
Other undisclosed noncurrent assets 36     
Total noncurrent assets:133182166141142149112
TOTAL ASSETS:458422421385294302297
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities38484238353939
Accounts payable13212619141913
Accrued liabilities18211113131212
Employee-related liabilities76479814
Due to related parties11    5
Other undisclosed current liabilities45    (5)
Total current liabilities:43544238353939
Noncurrent Liabilities
Long-term debt and lease obligation32      
Operating lease, liability32 
Liabilities, other than long-term debt0295643
Deferred tax liabilities, net 1322
Deferred income tax liabilities0 
Other liabilities0294311
Other undisclosed noncurrent liabilities 38242929276
Total noncurrent liabilities:3240333435319
Total liabilities:75947472707048
Stockholders' equity
Stockholders' equity attributable to parent383327347313225233249
Common stock0000000
Additional paid in capital738759720664543509460
Accumulated deficit(356)(432)(373)(351)(318)(276)(211)
Total stockholders' equity:383327347313225233249
TOTAL LIABILITIES AND EQUITY:458422421385294302297

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues279354354323278260207
Revenue, net323278260207
Cost of revenue(80)(109)(109)(104)(95)(83)(62)
Cost of goods and services sold(22)      
Gross profit:199245244219183177144
Operating expenses(218)(302)(273)(252)(222)(241)(192)
Operating loss:(19)(57)(29)(34)(39)(64)(48)
Nonoperating income0331000
Investment income, nonoperating0331000
Other nonoperating income     00
Interest and debt expense  (3)(3)(3)(0)(0)
Loss from continuing operations before equity method investments, income taxes:(18)(53)(28)(35)(41)(64)(48)
Loss from equity method investments(2)(1)     
Other undisclosed income from continuing operations before income taxes0      
Loss from continuing operations before income taxes:(20)(55)(28)(35)(41)(64)(48)
Income tax expense (benefit)0(0)02(1)(1)(1)
Net loss:(20)(55)(28)(33)(42)(65)(48)
Other undisclosed net income attributable to parent96      
Net income (loss) available to common stockholders, diluted:77(55)(28)(33)(42)(65)(48)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net loss:(20)(55)(28)(33)(42)(65)(48)
Comprehensive loss:(20)(55)(28)(33)(42)(65)(48)
Other undisclosed comprehensive income, net of tax, attributable to parent96      
Comprehensive income (loss), net of tax, attributable to parent:77(55)(28)(33)(42)(65)(48)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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