1、2014 Annual Report2014 Annual ReportThe world is changing in automotive retail,and TrueCar is helping to lead the way.At TrueCar,we set out to prove something very important:Truth and transparency is a more profitable way of doing business.Its a big objective.As we turn the page on our first year as
2、 a public company,we have hit a number of key milestones in the furtherance of that mission:TrueCar users have purchased over 1.7 million cars on the platform since inception.The TrueCar Certified Dealer Network has eclipsed 10,000 dealers.TrueCar has achieved cash-flow positive operating results fo
3、r the year 2014.And TrueCar launched a new,mobile buying experience that is second-to-none.I want to take a moment to celebrate those achievements and recognize the daily work(that goes mostly uncelebrated),which is the bigger measure of a companys success.We knew when we accepted our mission that i
4、t would involve moving mountains,one pick strike at a time.My single biggest source of satisfaction as a CEO comes from the talented individuals assembled at TrueCar who share my passion for this hard work.Together we are evolving a beloved industry,by“making car buying simple,fair,and fun.”Since th
5、e original writing of that statement almost 10 years ago,I am happy to announce that we are on the road to making car buying all of those things.Were also making it mobile.The world is changing in automotive retail,and we are helping to lead the way.Message from the Founder and Chief Executive Offic
6、erScott Painter,CEO2014 Annual Report050M100M150M200M250M201220132014Revenue$189.4M transaction revenue$206.6M total revenue 54%year-over-year increase02,0004,0006,0008,00010,000201220132014Dealers8,501 franchise dealers9,840total dealers 40%year-over-year increase2014 was a great year for TrueCar.W