TrueCar(US:TRUE)2021-05-07 15:29Key Metrics & Traffic - Traffic increased by 18% year-over-year, reaching 92 million average monthly unique visitors in Q1 2021[6] - Total units decreased by 16% year-over-year[6] - Franchise dealer count decreased by 9% year-over-year, totaling 14,148 dealers[6] - Independent dealer count decreased by 12% year-over-year, totaling 3,702 dealers[6] Revenue Performance - Total revenue decreased by 30% year-over-year[11] - New Dealer Product Revenue decreased by 25% year-over-year[11] - OEM Incentives Revenue increased by 15% year-over-year[11] - Net Independent Revenue decreased by 41% year-over-year[11] - Net Franchise Revenue decreased by 36% year-over-year[11] Franchise & Independent Dealers - Franchise Dealer Count decreased by 11% year-over-year[15] - Franchise Revenue / Dealer decreased by 29% year-over-year[15] - Independent Dealer Count increased by 3% year-over-year[16] - Independent Revenue / Dealer decreased by 44% year-over-year[16] Q2 2021 Outlook - The company anticipates Q2 revenue between $65 million and $66 million[37]