Event-Driven Stocks

TrueCar, Inc.

TRUE

Technology · Services-Computer Programming, Data Processing, Etc. · DE · SEC filings ↗ · Compare ⊕

View price & chart on Yahoo Finance ↗
Signs● 4 good● 2 warning● 1 severedetails ↓

Financials

SEC XBRL · annual
 FY24FY23FY22FY21FY20FY19
Revenue$175.6M$158.7M$161.5M$231.7M$278.7M$335.0M
Operating income−$37.2M−$56.5M−$125.7M−$33.5M−$18.5M−$60.9M
Net income−$31.0M−$49.8M−$118.7M−$38.3M$76.5M−$54.9M
Total assets$159.7M$204.3M$251.5M$387.7M$458.1M$421.7M
Total liabilities$41.6M$44.1M$54.3M$57.9M$75.3M$94.4M
Equity$118.1M$160.2M$197.3M$329.8M$382.8M$327.3M
EPS (diluted)$-0.34$-0.55$-1.30———
Shares out.91.2M88.7M96.6M98.5M107.1M104.9M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2024
Operating margin
−21.2%
Net margin
−17.7%
Return on equity
−26.3%
Return on assets
−19.4%
Return on capital (ROCE)
−29.3%
Liabilities / assets
26.0%
Debt / equity
0.35×
Book value / share
$1.30
Revenue growth (YoY)
10.6%
Net income growth (YoY)
—

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2024
Altman Z″ (distress)
-6.49distress
Accruals / assets
−24.3%clean
Piotroski F-Score
5/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
68
/ 100
Profitability 0Growth 100Catalyst 67Earnings quality 100Financial strength 75

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →

Signs

● 1 severe● 2 warning● 4 good
  • Altman Z″ in the distress zone
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Revenue is growing year-over-year
  • Conservative leverage (liabilities < 50% of assets)
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
Jan 15, 2026909,7331.0-26.9%
Dec 31, 20251.2M1.5+1.9%
Dec 15, 20251.2M2.0-9.8%
Nov 28, 20251.4M2.8-18.9%
Nov 14, 20251.7M3.5+25.4%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (2)

Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.