MAX Q2 2024 Earnings — MediaAlpha, Inc. Revenue & Financial Results | Market Cap Arena

MAXMediaAlpha, Inc.

$636M

Q2 2024 Earnings

Communication Services Internet Content & Information

Income Statement

Revenue

$178M+110.3% YoY

Gross Profit

$32M17.8% margin

Operating Income

$6M3.6% margin

Net Income

$4M2.0% margin

EPS (Diluted)

$0.07

QoQ Revenue Growth

+40.8%

Cash Flow

Operating Cash Flow

$22M

Free Cash Flow

$21M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$198M

Total Liabilities

$276M

Stockholders' Equity

-$24M

Cash & Equivalents

$29M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$178M	$85M	+110.3%
Gross Profit	$32M	$14M	+130.2%
Operating Income	$6M	-$16M	+140.4%
Net Income	$4M	-$14M	+125.3%

Revenue Segments

Property And Casualty Insurance

$134M75%

Health Insurance

$35M20%

Life Insurance

$7M4%

Other

$3M1%