1、 2024 TrueCar,Inc.All Rights Reserved.Annual Report 2023TrueCar Annual Report 2023Corporate AddressTrueCar,Inc.1401 Ocean Avenue,Suite 200Santa Monica,CA 90401Ticker SymbolNASDAQ:TRUETransfer AgentComputershareTelephone:877.373.6374Fax:866.519.8563 International:781.575.2879 Investor RMail Computers
2、harePO BOX 43006Providence,RI 02940-3006Courier Computershare150 Royall StreetSuite 101Canton,MA 02021Executive OfficersJantoon Reigersman President and Chief Executive OfficerOliver Foley Chief Financial OfficerJay Ku Chief Revenue OfficerJeff Swart Executive Vice President,General Counsel and Secr
3、etaryJantoon Reigersman President and Chief Executive Officer TrueCar,Inc.Brendan Harrington President Autobahn Fort WorthBarbara Carbone Board ChairTrueCar,Inc.Robert BuceChairmanPalisades HoldingsFaye Iosotaluno Chief Executive Officer TinderErin Lantz Chief Revenue Officer Ethos LifeBoard of Dire
4、ctors To Our Fellow Stockholders 2023 was a big year for TrueCar during which we rightsized the business through a strategic restructuring and we turned a corner on revenue growth ending a streak of 13 consecutive quarters of year over year(YoY)revenue declines.We finished the year by delivering 13%
5、YoY revenue growth in Q4 while decreasing our net loss to$1.9 million(vs.$18.1 million in Q4 2022)and achieving adjusted EBITDA1 profitability of$2.1 million(a$12.1 million improvement YoY).Meanwhile,we saw encouraging signs of a potential bottoming in our total active dealer count,which was flat qu
6、arter over quarter(QoQ)(11,500 active dealers at the end of Q4 vs.11,503 at the end of Q3)driven by the net addition of 135 franchise dealers offset by the net loss of 138 independent dealers in Q4.This is consistent with our viewpoint that while independent dealers continue to be challenged by toda