MAX Q2 2023 Earnings — MediaAlpha, Inc. Revenue & Financial Results | Market Cap Arena

MAXMediaAlpha, Inc.

$636M

Q2 2023 Earnings

Communication Services Internet Content & Information

Income Statement

Revenue

$85M-18.1% YoY

Gross Profit

$14M16.2% margin

Operating Income

-$16M-19.0% margin

Net Income

-$14M-16.9% margin

EPS (Diluted)

$-0.32

QoQ Revenue Growth

-24.1%

Cash Flow

Operating Cash Flow

$4M

Free Cash Flow

$4M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$140M

Total Liabilities

$235M

Stockholders' Equity

-$16M

Cash & Equivalents

$20M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$85M	$103M	-18.1%
Gross Profit	$14M	$16M	-11.3%
Operating Income	-$16M	-$10M	-54.4%
Net Income	-$14M	-$9M	-56.3%

Revenue Segments

Property And Casualty Insurance

$39M47%

Health Insurance

$36M42%

Life Insurance

$6M7%

Other

$4M4%