Trade Porch Group, Inc. - PRCH CFD

Trading Conditions

• Spread: 0.05
• Long position overnight feeLong position overnight feeMargin. Your investmentUS$1,000.00Overnight feeCharges from full value of position-0.026179 %(-US$1.05)Trade size with leverage ~ US$5,000.00Short position overnight fee ~ US$4,000.00Go to platform: -0.026179%
• Short position overnight feeShort position overnight feeMargin. Your investmentUS$1,000.00Overnight feeCharges from full value of position0.003957 %(US$0.16)Trade size with leverage ~ US$5,000.00Short position overnight fee ~ US$4,000.00Go to platform: 0.003957%
• Overnight fee time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 1
• Margin: 20
• Stock exchange: United States of America
• Commission on trade: 0%

• Margin. Your investment: US$1,000.00
• Overnight feeCharges from full value of position: -0.026179 %
  (-US$1.05)

• Margin. Your investment: US$1,000.00
• Overnight feeCharges from full value of position: 0.003957 %
  (US$0.16)

Key Stats

• Prev. Close: 3.26
• Open: 3.15
• 1-Year Change: 208.82%
• Day's Range: 3.09 - 3.15

Porch Group, Inc. Company profile

About Porch Group Inc

Porch Group, Inc. is a vertical software platform for the home, providing software and services to home services companies. The Company provides software and services to several home service industries, including home inspectors, moving companies, utility companies, home insurance, warranty companies, and others. Porch offers a Moving Concierge service that home services companies can provide to their end customers in order to improve the moving and home improvement experience. It also offers home service companies to grow their business through new customer acquisition. The Company offers a range of services to homebuyers, including insurance, moving, security, television or Internet, home repair and improvement, and more. The Company operates under a number of brands, such as Inspection Support LLC (ISN), Porch’s enterprise resource planning (ERP) and customer relationship management (CRM) software, HireAHelper, where it provides software and demand for moving companies.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Porch Group Inc revenues increased from $72.3M to $192.4M. Net loss applicable to common stockholders increased 49% to $106.6M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Selling and marketing - Balancing value increase of 100% to $75.1M (expense).