Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
MediaAlpha, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $124.0 million, net income $(28.4) million.
- Period
- the fourth quarter ended December 31, 2022
- Revenue
- $124.0 million
- Net income
- $(28.4) million
- Result
- reported results
Exact text from the filing
• Revenue of $124.0 million, a decrease of 23% year over year; • Transaction Value of $168.9 million, a decrease of 31% year over year; • Gross margin of 16.2%, compared with 15.7% in the fourth quarter of 2021; • Contribution Margin (1) of 18.5%, compared with 16.6% in the fourth quarter of 2021; • Net loss of $(28.4) million, compared with $(4.0) million in the fourth quarter of 2021; and • Adjusted EBITDA (1) of $9.0 million, compared with $13.2 million in the fourth quarter of 2021.
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Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
MediaAlpha, Inc. reported the full year ended December 31, 2022 results: revenue $459.1 million, net income $(72.4) million.
- Period
- the full year ended December 31, 2022
- Revenue
- $459.1 million
- Net income
- $(72.4) million
- Result
- reported results
Exact text from the filing
• Revenue of $459.1 million, a decrease of 29% year over year; • Transaction Value of $737.5 million, a decrease of 28% year over year; • Gross margin of 15.3%, compared with 15.7% in 2021; • Contribution Margin (1) of 17.6%, compared with 16.7% in 2021; • Net loss of $(72.4) million, compared with $(8.5) million in 2021; and • Adjusted EBITDA (1) of $22.9 million, compared with $58.2 million in 2021.
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