secwatch.observer — SEC 8-K summary
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Issuer:     MediaAlpha, Inc. (MAX)
CIK:        0001818383
Form:       8-K
Filed at:   2022-08-04T23:59:59+00:00
Accession:  0001818383-22-000116
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MediaAlpha Q2 revenue falls 34% to $103.4M; net loss widens to $13.0M
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- Revenue of $103.4M, down 34% YoY; Transaction Value of $182.9M, down 29%.
- P&C Transaction Value dropped 37% to $112M; Health fell 2% to $46M.
- Gross margin contracted to 15.0% vs 15.9%; Contribution Margin improved to 18.1% from 16.9%.
- Net loss of $(13.0)M vs $(0.4)M loss a year ago; Adjusted EBITDA of $4.5M, down 69% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1818383/000181838322000116/0001818383-22-000116-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1818383/000181838322000116/max-20220804.htm
  HTML page:      https://secwatch.observer/filing/0001818383-22-000116

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