About truecar inc - TRUE
TrueCar, Inc. engages in the operation of data-driven online platform which provides dealers and automakers with automobile information. It provides pricing transparency about what other people paid for their cars. The firm's products include Used Cars for Sale, Sell My Car, Local Pricing, and Lease a Car. The company was founded by Thomas Taira, James Nguyen, Scott Painter and Bernard Brenner in February 2005 and is headquartered in Santa Monica, CA.
TRUE At a Glance
TrueCar, Inc.
225 Santa Monica Boulevard
Santa Monica, California 90401
| Phone | 1-800-200-2000 | Revenue | 175.60M | |
| Industry | Internet Software/Services | Net Income | -31,048,000.00 | |
| Sector | Technology Services | 2024 Sales Growth | 10.644% | |
| Fiscal Year-end | 12 / 2025 | Employees | 348 | |
| View SEC Filings |
TRUE Valuation
| P/E Current | N/A |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | N/A |
| Price to Sales Ratio | 1.915 |
| Price to Book Ratio | 2.753 |
| Price to Cash Flow Ratio | 43.67 |
| Enterprise Value to EBITDA | -13.244 |
| Enterprise Value to Sales | 1.342 |
| Total Debt to Enterprise Value | 0.048 |
TRUE Efficiency
| Revenue/Employee | 504,591.954 |
| Income Per Employee | -89,218.391 |
| Receivables Turnover | 10.488 |
| Total Asset Turnover | 0.953 |
TRUE Liquidity
| Current Ratio | 4.108 |
| Quick Ratio | 4.108 |
| Cash Ratio | 3.40 |
TRUE Profitability
| Gross Margin | 74.702 |
| Operating Margin | -20.962 |
| Pretax Margin | -17.673 |
| Net Margin | -17.681 |
| Return on Assets | -16.853 |
| Return on Equity | -22.308 |
| Return on Total Capital | -23.991 |
| Return on Invested Capital | -20.849 |
TRUE Capital Structure
| Total Debt to Total Equity | 9.546 |
| Total Debt to Total Capital | 8.714 |
| Total Debt to Total Assets | 6.998 |
| Long-Term Debt to Equity | 7.037 |
| Long-Term Debt to Total Capital | 6.424 |
Truecar Inc in the News
Here is where UnitedHealthcare CEO shooting suspect worked
Luigi Mangione, who has been detained as a suspect in the murder of UnitedHealthcare CEO Brian Thompson, previously worked as a data engineer at TrueCar until 2023.