← MediaAlpha, Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | $10.0m | $23.6m | $50.6m | $14.5m | $17.3m | $43.3m | $46.9m | |
| Accounts receivable, net of allowance for credit losses of $717 and $1,005, respectively | $56.0m | $96.3m | $76.1m | $60.0m | $53.8m | $142.9m | $123.0m | |
| Prepaid expenses and other current assets | $1.4m | $8.0m | $10.4m | $5.9m | $3.5m | $3.7m | $4.5m | |
| Total current assets | $67.5m | $127.8m | $137.1m | $80.4m | $74.6m | $189.9m | $174.4m | |
| Intangible assets, net | $18.8m | $15.6m | $12.6m | $32.9m | $26.0m | $20.0m | $3.6m | |
| Goodwill | $18.4m | $18.4m | $18.4m | $47.7m | $47.7m | $47.7m | $47.7m | |
| Other assets | — | $16.2m | $19.1m | $9.0m | $5.6m | $4.8m | $8.4m | |
| Deferred tax assets | — | $31.6m | $102.7m | $0 | — | $0 | $149.7m | |
| Liabilities under tax receivables agreement, net of current portion | — | $22.5m | $85.0m | $0 | $0 | $7.0m | $124.2m | |
| Non-controlling interests | — | ($71.3m) | ($57.2m) | ($70.1m) | ($84.1m) | ($48.6m) | ($33.4m) | |
| Total stockholders’ equity attributable to MediaAlpha, Inc. | ($113.6m) | ($33.8m) | ($4.3m) | ($16.0m) | ($10.3m) | $2.4m | $4.2m | |
| Total stockholders' deficit | ($113.6m) | ($105.1m) | ($61.6m) | ($86.1m) | ($94.4m) | ($46.2m) | ($29.2m) | |
| Total assets | $105.4m | $210.3m | $289.8m | $170.1m | $153.9m | $262.4m | $383.8m | |
| Total liabilities and stockholders’ deficit | $105.4m | $210.3m | $289.8m | $170.1m | $153.9m | $262.4m | $383.8m | |
| Accounts payable | $40.5m | $98.2m | $61.8m | $54.0m | $56.3m | $105.6m | $91.1m | |
| Accrued expenses | $6.6m | $9.2m | $13.7m | $14.1m | $11.6m | $18.5m | $34.7m | |
| Current portion of long-term debt | $873k | $0 | $8.7m | $8.8m | $11.9m | $8.8m | $21.8m | |
| Long-term debt, net of current portion | $96.7m | $182.7m | $178.1m | $174.3m | $162.4m | $153.6m | $131.6m | |
| Total current liabilities | $47.9m | $107.5m | $84.2m | $76.9m | $79.7m | $133.0m | $147.6m | |
| Other long-term liabilities | $319k | $2.8m | $4.1m | $5.0m | $6.2m | $15.1m | $9.6m | |
| Total liabilities | $144.9m | $315.5m | $351.4m | $256.2m | $248.3m | $308.7m | $413.0m | |
| Common stock | — | $589k | $606k | $626k | $655k | $671k | $645k | |
| Preferred stock, $0.01 par value - 50 million shares authorized; 0 shares issued and outstanding as of December 31, 2025 and December 31, 2024 | — | 0 | 0 | 0 | 0 | 0 | 0 | |
| Additional paid-in capital | — | $384.6m | $419.5m | $465.5m | $511.6m | $507.6m | $483.8m | |
| Accumulated deficit | ($193.1m) | ($419.0m) | ($424.5m) | ($482.1m) | ($522.6m) | ($505.9m) | ($480.3m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.