earnings
confidence high
sentiment neutral
materiality 0.65
MediaAlpha Q4 revenue down 15% to $162M; acquires CHT Medicare business for ~$50M
MediaAlpha, Inc.
2021-FY EPS reported
-$0.19
revenue$645,274,000
- Q4 2021 revenue $161.6M, down 15% YoY; Transaction Value $244.9M, down 5% YoY.
- Full year 2021 revenue $645.3M, up 10% YoY; Transaction Value $1.0B, up 25% YoY.
- Health vertical Transaction Value up 29% YoY in Q4; full year up 40% to $245M.
- Acquired Customer Helper Team (CHT) for ~$50M cash plus up to $20M earnout; close expected by March 11, 2022.
- CHT expected to contribute >$25M revenue and >$5M Adjusted EBITDA in 2022.