Detail akcie TrueCar online

Business Summary: TrueCar, Inc. is an automotive digital marketplace that lets auto buyers and sellers connect to its nationwide network of Certified Dealers. The Company is developing a car-buying experience accessible to consumers on its TrueCar-branded Website and mobile applications as well as co-branded websites operated in partnership with over 250 brands and organizations such as Sam’s Club, AAA, and Navy Federal Credit Union. It simplifies the car-buying process for consumers by providing a personalized digital shopping experience that helps shoppers discover and compare vehicles with proprietary content and data-driven rankings; become informed on a vehicle’s fair market price; appraise the value of a vehicle they want to trade or sell; explore competitive financing solutions, and others. Its nationwide network of Certified Dealers extends across all 50 states and the District of Columbia and consists of both new car franchise dealers and independent dealers exclusively selling used vehicles.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2024, TrueCar Inc revenues increased 11% to $175.6M. Net loss decreased 38% to $31M. Revenues reflect Dealer segment increase of 10% to $157.9M, OEM segment increase of 13% to $16.9M. Lower net loss reflects Technology and development decrease of 28% to $27.3M (expense), Stock-based compensation expense decrease of 50% to $1.8M (expense).