{"schema_version":"secwatch.filing_event.v1","accession":"0001818383-22-000061","form_type":"8-K","ticker":"MAX","cik":"0001818383","company_name":"MediaAlpha, Inc.","filed_at":"2022-05-05T23:59:59+00:00","discovered_at":"2026-05-14T18:04:02.476746+00:00","generated_at":"2026-06-25T23:56:59.761567+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"MediaAlpha Q1 revenue $142.6M (-18% YoY); net loss $9.8M vs net income $0.2M","bullets":["Revenue of $142.6M, down 18% YoY; transaction value $239M, down 9%.","Net loss of $9.8M vs net income $0.2M in Q1 2021; adjusted EBITDA $7.1M (-57% YoY).","P&C vertical transaction value fell 19% to $148M; Health vertical up 20% to $60M.","Gross margin flat at 15.2%; contribution margin 16.5% vs 16.1% a year ago.","CEO cites cyclical auto insurance advertising pullback and inflation uncertainty."],"urls":{"canonical":"https://secwatch.observer/filing/0001818383-22-000061","json":"https://secwatch.observer/filing/0001818383-22-000061.json","markdown":"https://secwatch.observer/filing/0001818383-22-000061.md","text":"https://secwatch.observer/filing/0001818383-22-000061.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1818383/000181838322000061/0001818383-22-000061-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1818383/000181838322000061/max-20220505.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T23:56:59.761567+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}