MAX Q3 2023 Earnings — MediaAlpha, Inc. Revenue & Financial Results | Market Cap Arena

MAXMediaAlpha, Inc.

$636M

Q3 2023 Earnings

Communication Services Internet Content & Information

Income Statement

Revenue

$75M-16.2% YoY

Gross Profit

$12M16.5% margin

Operating Income

-$15M-19.8% margin

Net Income

-$14M-18.1% margin

EPS (Diluted)

$-0.29

QoQ Revenue Growth

-12.0%

Cash Flow

Operating Cash Flow

-$1M

Free Cash Flow

-$1M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$133M

Total Liabilities

$233M

Stockholders' Equity

-$16M

Cash & Equivalents

$15M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$75M	$89M	-16.2%
Gross Profit	$12M	$13M	-3.0%
Operating Income	-$15M	-$11M	-39.5%
Net Income	-$14M	-$14M	+6.8%

Revenue Segments

Health Insurance

$34M46%

Property And Casualty Insurance

$32M43%

Life Insurance

$5M7%

Other

$3M4%