Company

TrueCar, Inc.

Headquarters: Santa Monica, CA, United States

Founded: February 2005

Employees: 428

CEO: Mr. Michael D. Darrow

NASDAQ: TRUE -1.51%

Market Cap

$297.0 Million

USD as of July 1, 2024

Market Cap History

TrueCar, Inc. Categories

United States Communication Services Internet Content & Information
United States Communication Services United States Internet Content & Information

TrueCar, Inc. market capitalization over time

Evolution of TrueCar, Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of TrueCar, Inc.

Top Competitors by Market Capitalization

Industry: Internet Content & Information
Company Market Cap (USD)
Alphabet $2.305 T
Meta $1.294 T
Tencent $457.25 B
Airbnb, Inc. $96.96 B
Prosus $87.48 B
Sector:
Company Market Cap (USD)
Alphabet $2.305 T
Meta $1.294 T
Tencent $457.25 B
Netflix $294.09 B
China Mobile $217.46 B

Detailed Description

TrueCar, Inc. operates as an internet-based information, technology, and communication services company in the United States. It operates its platform on the TrueCar website and mobile applications. Its platform enables users to obtain market-based pricing data on new and used cars, and to connect with its network of TrueCar certified dealers. The company also offers forecast and consulting services regarding determination of the residual value of an automobile at given future points in time, which are used to underwrite automotive loans and leases, and by financial institutions to measure exposure and risk across loan, lease, and fleet portfolios. In addition, it provides accurate, geographically specific, and real-time pricing information for consumers and dealers; TrueCar Trade, which gives consumers information on the value of their trade-in vehicles and enables them to obtain a guaranteed trade-in price before setting foot in the dealership; and DealerScience that provides dealers with advanced digital retailing software tools. The company was formerly known as Zag.com Inc. TrueCar, Inc. was incorporated in 2005 and is headquartered in Santa Monica, California.

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Stocks & Indices

TrueCar, Inc. has the following listings and related stock indices.


Stock: NASDAQ: TRUE wb_incandescent

Stock: FSX: 5TC wb_incandescent

Product & Services

Pricing and information for new and used cars

Key People

Founder(s): Scott Painter Tom Taira

Christopher W. Claus, (chairman) Michael Darrow, (CEO and president) Noel Watson, (CFO) Jeffrey J. Swart, (General Consul)

Financials

Revenue: US$ 353.9 million (2019)

Operating income: US$ -54.6 million (2019)

Net income: US$ -54.9 million (2019)


Total assets: US$ 438.8 million (2019)

Total equity: US$ 438.8 million (2019)

Details

Headquarters:

120 Broadway

Suite 200

Santa Monica, CA 90401

United States

Phone: 800-200-2000