{"id":791933,"date":"2024-12-03T08:47:12","date_gmt":"2024-12-03T13:47:12","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/porch-groups-investor-day-to-highlight-2026-100m-adj-ebitda-target12\/"},"modified":"2024-12-03T08:47:12","modified_gmt":"2024-12-03T13:47:12","slug":"porch-groups-investor-day-to-highlight-2026-100m-adj-ebitda-target12","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/porch-groups-investor-day-to-highlight-2026-100m-adj-ebitda-target12\/","title":{"rendered":"Porch Group\u2019s Investor Day to Highlight 2026 $100m Adj EBITDA Target(1,2)"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwalignl { text-align: left }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwlistdisc { list-style-type: disc }\n.bwpadl0 { padding-left: 0px }\n.bwpadl4 { padding-left: 20px }\n.bwtablemarginb { margin-bottom: 10px }\n.bwvertalignt { vertical-align: top }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Porch Group\u2019s Investor Day to Highlight 2026 $100m Adj EBITDA Target<sup>(1,2)<\/sup><\/b><\/p>\n<p>SEATTLE&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nPorch Group, Inc. (\u201cPorch\u201d or \u201cthe Company\u201d) (NASDAQ: PRCH), a homeowners insurance and vertical software platform, today shared details about its upcoming in-person Investor Day, scheduled for December 5, 2024 starting at 9am Eastern in New York and virtually.<\/p>\n<p>\nThe event will provide key updates and insights into the Company\u2019s strategy, growth plans and opportunities. Topics to be covered include:<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nFinancial targets<sup>1,2<\/sup> including Adjusted EBITDA of $50 million in 2025 and $100 million in 2026<\/p>\n<\/li>\n<li>\nHow Porch\u2019s new Insurance Services segment is expected to operate, including path to grow to $600+ million in gross written premium by 2026, and expectation of generating higher margins and profits post the Reciprocal launch<\/p>\n<\/li>\n<li>\nDetails about many of Porch\u2019s businesses including how they create advantages for the homeowners insurance business<\/p>\n<\/li>\n<li>\nThe significant opportunity with Porch\u2019s data business and its new Home Factors product which helps carriers and other companies understand more details about properties to assess risk<\/p>\n<\/li>\n<li>\nThe company\u2019s capital philosophy to support sustainable growth<\/p>\n<\/li>\n<li>\nAdjustments to financial reporting segments and related KPIs<\/p>\n<\/li>\n<\/ul>\n<p>\n\u201cWith the approval of the Reciprocal and the related structuring of the business to align with what we think is optimal, we are at an inflection point as a company. The Investor Day marks a milestone for Porch as we share our roadmap we believe will lead to sustained growth, increased profits, and value creation for our shareholders,\u201d said Matt Ehrlichman, Chief Executive Officer. \u201cWe are excited to showcase why we believe the launch of the Porch Insurance will be transformational and highlight the many opportunities across our business units.\u201d<\/p>\n<p><b>Attendance and Webcast Information<\/b><\/p>\n<p>\nAdvanced registration is required for in-person attendance. For additional information, please contact <a rel=\"nofollow\" href=\"mailto:IR@porch.com\">IR@porch.com<\/a>.<\/p>\n<p>\nAll are invited to listen to the live webcast or replay of the Investor Day which will be accessible, along with the presentation, on the Porch website <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fir.porchgroup.com%2Finvestors%2Fevents-and-presentations%2Fdefault.aspx&amp;esheet=54160666&amp;newsitemid=20241203948672&amp;lan=en-US&amp;anchor=events+page&amp;index=1&amp;md5=061c6247a4113d83e25b6aba2a994c96\">events page<\/a>.<\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl\">\n<tr>\n<td class=\"bwalignl bwvertalignt bwpadl4\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignl bwcellpmargin\">\n1)<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwvertalignt bwpadl0 bwalignl\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignl bwcellpmargin\">\nSee Non-GAAP Financial Measures section for the definition. Porch Group is not providing reconciliations of expected Adjusted EBITDA for future periods to the most directly comparable measures prepared in accordance with GAAP because the Company is unable to provide these reconciliations without unreasonable effort because certain information necessary to calculate such measures on a GAAP basis is unavailable or dependent on the timing of future events outside of the Company\u2019s control.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwalignl bwvertalignt bwpadl4\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignl bwcellpmargin\">\n2)<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwvertalignt bwpadl0 bwalignl\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignl bwcellpmargin\">\nSee Non-GAAP Financial Measures Section. Porch is providing guidance and targets based on current market conditions and expectations as of the date of this presentation. Actual results may vary due to various risks and uncertainties. Please refer to the Forward-Looking Statements safe harbor for further detail. This medium-term target represents Porch Shareholder Interests following the expected launch of PIRE and sale of HOA to PIRE in January 2025. For the avoidance of doubt, this medium-term target does not include the future results of PIRE or HOA; while we expect to consolidate their results into Porch GAAP financial statements, the PIRE and HOA results will be allocated to non-controlling interests and not to Porch shareholders, and will therefore be excluded from Adjusted EBITDA.<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p><b>About Porch Group<\/b><\/p>\n<p>\nPorch Group, Inc. (&#8220;Porch&#8221;) is a homeowners insurance and vertical software platform. Porch&#8217;s strategy to win in homeowners insurance is to leverage unique data for advantaged underwriting, provide the best services for homebuyers, and protect the whole home. The long-term competitive moats that create this differentiation come from Porch&#8217;s leadership in home services software-as-a-service and its deep relationships with approximately 30 thousand companies that are key to the home-buying transaction, such as home inspectors, mortgage, and title companies.<\/p>\n<p>\nTo learn more about Porch, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fir.porchgroup.com&amp;esheet=54160666&amp;newsitemid=20241203948672&amp;lan=en-US&amp;anchor=ir.porchgroup.com&amp;index=2&amp;md5=fa1d0b18d962d839b29a670bbb487716\">ir.porchgroup.com<\/a>.<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nCertain statements in this release may be considered forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements are based on the beliefs and assumptions of management. Although we believe that our plans, intentions, and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions, or expectations. Forward-looking statements are inherently subject to risks, uncertainties, and assumptions. Generally, statements that are not historical facts, including statements concerning our financial outlook, guidance, and targets, possible or assumed future actions, business strategies, events, or results of operations, are forward-looking statements. Forward-looking statements in this presentation also include expectations regarding whether the reciprocal is the optimal structure for our insurance business and the benefits financial and otherwise thereof, including any expectations that the reciprocal will result in higher margins and a more predictable financial profile and equip our insurance operations to scale profitably in the future. These statements may be preceded by, followed by, or include the words \u201cbelieve,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cproject,\u201d \u201cforecast,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cshould,\u201d \u201cseek,\u201d \u201cplan,\u201d \u201cscheduled,\u201d \u201canticipate,\u201d \u201cintend,\u201d or similar expressions.<\/p>\n<p>\nForward-looking statements are not guarantees of performance. You should not put undue reliance on these statements which speak only as of the date hereof. Unless specifically indicated otherwise, the forward-looking statements in this release do not reflect the potential impact of any future transactions that have not been completed as of the date of this filing, including the licensure and formation of the reciprocal, the sale of our insurance carrier subsidiary, Homeowners of America Insurance Company (\u201cHOA\u201d), to the reciprocal, and the commencement of the reciprocal\u2019s operations. You should understand that the following important factors, among others, could affect our future results and could cause those results or other outcomes to differ materially from those expressed or implied in our forward-looking statements:<\/p>\n<p>\n(1) expansion plans and opportunities, and managing growth, to build a consumer brand;<br \/>\n<br \/>(2) the incidence, frequency, and severity of weather events, extensive wildfires, and other catastrophes;<br \/>\n<br \/>(3) economic conditions, especially those affecting the housing, insurance, and financial markets;<br \/>\n<br \/>(4) expectations regarding revenue, cost of revenue, operating expenses, and the ability to achieve and maintain future profitability;<br \/>\n<br \/>(5) existing and developing federal and state laws and regulations, including with respect to insurance, warranty, privacy, information security, data protection, and taxation, and management\u2019s interpretation of and compliance with such laws and regulations;<br \/>\n<br \/>(6) our reinsurance program, which includes the use of a captive reinsurer, the success of which is dependent on a number of factors outside management\u2019s control, along with reliance on reinsurance to protect against loss;<br \/>\n<br \/>(7) the possibility that a decline in our share price would result in a negative impact to our insurance carrier subsidiary\u2019s, Homeowners of America Insurance Company (\u201cHOA\u201d), surplus position and may require further financial support to enable HOA to meet applicable regulatory requirements and maintain financial stability rating;<br \/>\n<br \/>(8) the uncertainty and significance of the known and unknown effects on our insurance carrier subsidiary, Homeowners of America Insurance Company (\u201cHOA\u201d), and us due to the termination of a reinsurance contract following of fraud committed by Vesttoo Ltd. (\u201cVesttoo\u201d), including, but not limited to, the outcome of Vesttoo\u2019s Chapter 11 bankruptcy proceedings; our ability to successfully pursue claims arising out of the fraud, the costs associated with pursuing the claims, and the timeframe associated with any recoveries; HOA&#8217;s ability to obtain and maintain adequate reinsurance coverage against excess losses; HOA\u2019s ability to stay out of regulatory supervision and maintain its financial stability rating; and HOA\u2019s ability to maintain a healthy surplus;<br \/>\n<br \/>(9) uncertainties related to regulatory approval of insurance rates, policy forms, insurance products, license applications, acquisitions of businesses, or strategic initiative, and other matters within the purview of insurance regulators (including the discount associated with the shares contributed to HOA);<br \/>\n<br \/>(10) the ability of the Company and its affiliates to consummate the sale of HOA to the reciprocal exchange and to commence operations of the reciprocal exchange;<br \/>\n<br \/>(11) our ability to successfully operate its businesses alongside a reciprocal exchange;<br \/>\n<br \/>(12) our ability to implement our plans, forecasts and other expectations with respect to the reciprocal exchange business after the completion of the formation and to realize expected synergies and\/or convert policyholders from its existing insurance carrier business into policyholders of the reciprocal exchange;<br \/>\n<br \/>(13) potential business disruption following the formation of the reciprocal exchange;<br \/>\n<br \/>(14) reliance on strategic, proprietary relationships to provide us with access to personal data and product information, and the ability to use such data and information to increase transaction volume and attract and retain customers;<br \/>\n<br \/>(15) the ability to develop new, or enhance existing, products, services, and features and bring them to market in a timely manner;<br \/>\n<br \/>(16) changes in capital requirements, and the ability to access capital when needed to provide statutory surplus;<br \/>\n<br \/>(17) our ability to timely repay our outstanding indebtedness;<br \/>\n<br \/>(18) the increased costs and initiatives required to address new legal and regulatory requirements arising from developments related to cybersecurity, privacy, and data governance and the increased costs and initiatives to protect against data breaches, cyber-attacks, virus or malware attacks, or other infiltrations or incidents affecting system integrity, availability, and performance;<br \/>\n<br \/>(19) retaining and attracting skilled and experienced employees;<br \/>\n<br \/>(20) costs related to being a public company; and<br \/>\n<br \/>(21) other risks and uncertainties discussed in Part II, Item 1A, \u201cRisk Factors,\u201d in the Company\u2019s Annual Report on Form 10-K for the year ended December 31, 2023, as well as those discussed in Part II, Item 1A, \u201cRisk Factors,\u201d in the Company\u2019s Quarterly Report on Form 10-Q for the quarter ended June 30, 2024 and in subsequent reports filed with the Securities and Exchange Commission (\u201cSEC\u201d), all of which are available on the SEC\u2019s website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=54160666&amp;newsitemid=20241203948672&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=3&amp;md5=07f4f0861eb43f3b508ebb93d9a4cc15\">www.sec.gov<\/a>.<\/p>\n<p>\nWe caution you that the foregoing list may not contain all the risks to forward-looking statements made in this release.<\/p>\n<p>\nYou should not rely upon forward-looking statements as predictions of future events. We have based the forward-looking statements contained in this release primarily on our current expectations and projections about future events and trends we believe may affect our business, financial condition, results of operations and prospects. The outcome of the events described in these forward-looking statements is subject to risks, uncertainties, and other factors, including those described above and elsewhere in this release. We disclaim any obligation to update publicly any forward-looking statements, whether in response to new information, future events, or otherwise, except as required by applicable law.<\/p>\n<p><b>Non-GAAP Financial Measures<\/b><\/p>\n<p>\nThis release includes Adjusted EBITDA (Loss), which is a non-GAAP financial measure. We define Adjusted EBITDA (Loss) as net income (loss) adjusted for interest expense; income taxes; depreciation and amortization; gain or loss on extinguishment of debt; other expense (income), net; impairments of intangible assets and goodwill; impairments of property, equipment, and software; stock-based compensation expense; mark-to-market gains or losses recognized on changes in the value of contingent consideration arrangements, earnouts, warrants, and derivatives; restructuring costs; acquisition and other transaction costs; and non-cash bonus expense.<\/p>\n<p>\nYou should not consider the non-GAAP financial measures included in this release in isolation, as a substitute to or superior to financial performance measures determined in accordance with GAAP. The principal limitation of the non-GAAP financial measures included in this release is that they exclude specified income and expenses, some of which may be significant or material, that are required by GAAP to be recorded in our consolidated financial statements. We may also incur future income or expenses similar to those excluded from the non-GAAP financial measures included in this release, and the presentation of these measures should not be construed as an inference that future results will be unaffected by unusual or non-recurring items. In addition, the non-GAAP financial measures included in this release reflect the exercise of management judgment about which income and expense are included or excluded in determining the non-GAAP financial measures included in this release.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20241203948672r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20241203948672\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20241203948672\/en\/<\/a><\/span><\/p>\n<p><b>Investor Relations Contact:<br \/>\n<br \/><\/b><br \/>Lois Perkins, Head of Investor Relations<br \/>\n<br \/>Porch Group, Inc.<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Loisperkins@porch.com\">Loisperkins@porch.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Washington New York United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Technology Insurance Construction &amp; Property Finance Fintech Professional Services Software Data Management Residential Building &amp; Real Estate<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20241203948672\/en\/1937923\/3\/Porch_Group_logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Porch Group\u2019s Investor Day to Highlight 2026 $100m Adj EBITDA Target(1,2) SEATTLE&#8211;(BUSINESS WIRE)&#8211; Porch Group, Inc. (\u201cPorch\u201d or \u201cthe Company\u201d) (NASDAQ: PRCH), a homeowners insurance and vertical software platform, today shared details about its upcoming in-person Investor Day, scheduled for December 5, 2024 starting at 9am Eastern in New York and virtually. The event will provide key updates and insights into the Company\u2019s strategy, growth plans and opportunities. Topics to be covered include: Financial targets1,2 including Adjusted EBITDA of $50 million in 2025 and $100 million in 2026 How Porch\u2019s new Insurance Services segment is expected to operate, including path to grow to $600+ million in gross written premium by 2026, and expectation of generating higher margins and profits post &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/porch-groups-investor-day-to-highlight-2026-100m-adj-ebitda-target12\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Porch Group\u2019s Investor Day to Highlight 2026 $100m Adj EBITDA Target(1,2)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-791933","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Porch Group\u2019s Investor Day to Highlight 2026 $100m Adj EBITDA Target(1,2) - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/porch-groups-investor-day-to-highlight-2026-100m-adj-ebitda-target12\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Porch Group\u2019s Investor Day to Highlight 2026 $100m Adj EBITDA Target(1,2) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Porch Group\u2019s Investor Day to Highlight 2026 $100m Adj EBITDA Target(1,2) SEATTLE&#8211;(BUSINESS WIRE)&#8211; Porch Group, Inc. (\u201cPorch\u201d or \u201cthe Company\u201d) (NASDAQ: PRCH), a homeowners insurance and vertical software platform, today shared details about its upcoming in-person Investor Day, scheduled for December 5, 2024 starting at 9am Eastern in New York and virtually. The event will provide key updates and insights into the Company\u2019s strategy, growth plans and opportunities. Topics to be covered include: Financial targets1,2 including Adjusted EBITDA of $50 million in 2025 and $100 million in 2026 How Porch\u2019s new Insurance Services segment is expected to operate, including path to grow to $600+ million in gross written premium by 2026, and expectation of generating higher margins and profits post &hellip; Continue reading &quot;Porch Group\u2019s Investor Day to Highlight 2026 $100m Adj EBITDA Target(1,2)&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/porch-groups-investor-day-to-highlight-2026-100m-adj-ebitda-target12\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-03T13:47:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20241203948672r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"10 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/porch-groups-investor-day-to-highlight-2026-100m-adj-ebitda-target12\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/porch-groups-investor-day-to-highlight-2026-100m-adj-ebitda-target12\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Porch Group\u2019s Investor Day to Highlight 2026 $100m Adj EBITDA Target(1,2)\",\"datePublished\":\"2024-12-03T13:47:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/porch-groups-investor-day-to-highlight-2026-100m-adj-ebitda-target12\\\/\"},\"wordCount\":1976,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/porch-groups-investor-day-to-highlight-2026-100m-adj-ebitda-target12\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20241203948672r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/porch-groups-investor-day-to-highlight-2026-100m-adj-ebitda-target12\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/porch-groups-investor-day-to-highlight-2026-100m-adj-ebitda-target12\\\/\",\"name\":\"Porch Group\u2019s Investor Day to Highlight 2026 $100m Adj EBITDA Target(1,2) - 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(\u201cPorch\u201d or \u201cthe Company\u201d) (NASDAQ: PRCH), a homeowners insurance and vertical software platform, today shared details about its upcoming in-person Investor Day, scheduled for December 5, 2024 starting at 9am Eastern in New York and virtually. The event will provide key updates and insights into the Company\u2019s strategy, growth plans and opportunities. 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