secwatch.observer — SEC 8-K summary
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Issuer:     MediaAlpha, Inc. (MAX)
CIK:        0001818383
Form:       8-K
Filed at:   2022-02-24T23:59:59+00:00
Accession:  0001818383-22-000021
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MediaAlpha Q4 revenue down 15% to $162M; acquires CHT Medicare business for ~$50M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1818383/000181838322000021/0001818383-22-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1818383/000181838322000021/max-20220224.htm
  HTML page:      https://secwatch.observer/filing/0001818383-22-000021

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer