earnings
confidence high
sentiment positive
materiality 0.80
MediaAlpha Q4 revenue $117.2M (-6% YoY); Adj EBITDA up 40%; expects P&C TV nearly double in Q1
MediaAlpha, Inc.
2023-FY EPS reported
-$0.89
revenue$388,149,000
- Q4 revenue $117.2M, down 6% YoY; Transaction Value $165.3M, down 2% YoY.
- Net loss narrowed to $(3.3)M from $(28.4)M; Adjusted EBITDA $12.7M vs $9.0M (up 40%).
- P&C Transaction Value $54M, down 4% YoY; management sees market turning and Q1 TV nearly doubling.
- Health Transaction Value flat YoY at $98M; full year Health TV up 3% to $260M.
- Full year revenue $388.1M, down 15%; net loss $(56.6)M vs $(72.4)M; Adj EBITDA $27.1M (up 19%).