MediaAlpha, Inc. (MAX)

MediaAlpha Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	403.17	388.15	459.07	645.27	584.81	408.01
Revenue Growth (YoY)	-5.82%	-15.45%	-28.86%	10.34%	43.34%	37.42%
Cost of Revenue	331.14	321.44	389.01	543.75	499.43	342.91
Gross Profit	72.02	66.71	70.06	101.52	85.38	65.1
Selling, General & Admin	82.37	88.18	84.37	84.18	53.4	33.21
Research & Development	17.65	18.46	21.08	15.2	12.45	7.04
Operating Expenses	100.03	106.64	105.45	99.38	65.85	40.26
Operating Income	-28	-39.92	-35.39	2.15	19.54	24.84
Interest Expense / Income	15.58	15.32	9.25	7.83	7.94	7.02
Other Expense / Income	-11.81	-14.36	-89.87	0.64	17.23	17.82
Pretax Income	-31.78	-40.88	45.24	-6.32	-5.63	0
Income Tax	-0.51	-0.46	102.91	-1.05	-1.27	0
Net Income	-31.27	-40.42	-57.67	-5.28	-4.37	0
Shares Outstanding (Basic)	49	46	42	37	32	59
Shares Outstanding (Diluted)	49	46	42	61	32	-
Shares Change	10.72%	8.65%	-31.53%	90.63%	-45.30%	-
EPS (Basic)	-0.68	-0.89	-1.37	-0.14	-0.14	-
EPS (Diluted)	-0.68	-0.89	-1.37	-0.19	-0.14	-
Free Cash Flow	9.28	20.16	28.18	27.97	51.11	22
Free Cash Flow Per Share	0.19	0.44	0.67	0.75	1.59	0.37
Gross Margin	17.86%	17.19%	15.26%	15.73%	14.60%	15.95%
Operating Margin	-6.95%	-10.29%	-7.71%	0.33%	3.34%	6.09%
Profit Margin	-7.76%	-10.41%	-12.56%	-0.82%	-0.75%	-
Free Cash Flow Margin	2.30%	5.19%	6.14%	4.33%	8.74%	5.39%
Effective Tax Rate	-	-	227.47%	-	-	-
EBITDA	-8.36	-17.6	61.38	5.46	5.8	12.67
EBITDA Margin	-2.07%	-4.54%	13.37%	0.85%	0.99%	3.11%
Depreciation & Amortization	7.84	7.97	6.9	3.95	3.49	5.65
EBIT	-16.2	-25.57	54.48	1.51	2.31	7.02
EBIT Margin	-4.02%	-6.59%	11.87%	0.23%	0.39%	1.72%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).