← MediaAlpha, Inc.
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $296.9m | $408.0m | $584.8m | $645.3m | $459.1m | $388.1m | $864.7m | $1.1b | |
| Cost of revenue | $247.7m | $342.9m | $499.4m | $543.8m | $389.0m | $321.4m | $721.1m | $946.1m | |
| Total costs and operating expenses | $277.6m | $383.2m | $565.3m | $643.1m | $494.5m | $428.1m | $822.0m | $1.1b | |
| Sales and marketing | $11.7m | $13.8m | $20.5m | $22.8m | $28.8m | $25.4m | $24.7m | $21.1m | |
| Product development | $10.3m | $7.0m | $12.4m | $15.2m | $21.1m | $18.5m | $19.8m | $21.4m | |
| General and administrative | $7.8m | $19.4m | $32.9m | $61.4m | $55.6m | $62.7m | $56.4m | $89.6m | |
| Write-off of intangible assets | — | — | — | — | — | $0 | $0 | $13.4m | |
| Income (loss) from operations | $19.3m | $24.8m | $19.5m | $2.1m | ($35.4m) | ($39.9m) | $42.7m | $22.1m | |
| (Loss) income before income taxes | $18.1m | $17.8m | $9.3m | ($9.5m) | $30.5m | ($57.0m) | $23.5m | ($111.1m) | |
| Net income (loss) | $18.1m | $17.8m | $10.6m | ($8.5m) | ($72.4m) | ($56.6m) | $22.1m | $26.8m | |
| Net income (loss) attributable to non-controlling interests | — | — | ($4.2m) | ($3.2m) | ($14.8m) | ($16.1m) | $5.5m | $1.1m | |
| Net income (loss) attributable to MediaAlpha, Inc. | $18.1m | $17.8m | ($4.4m) | ($5.3m) | ($57.7m) | ($40.4m) | $16.6m | $25.6m | |
| Basic (in dollars per share) | — | — | ($0.14) | ($0.14) | ($1.73) | ($1.24) | $0.42 | $0.48 | |
| Diluted (in dollars per share) | — | — | ($0.14) | ($0.19) | ($1.37) | ($1.24) | $0.42 | $0.40 | |
| Other expense, net | — | $0 | $2.3m | $3.8m | ($75.1m) | $1.8m | $4.9m | $121.9m | |
| Interest expense | $1.2m | $7.0m | $7.9m | $7.8m | $9.2m | $15.3m | $14.4m | $11.2m | |
| Income tax (benefit) expense | — | $0 | ($1.3m) | ($1.0m) | $102.9m | ($463k) | $1.4m | ($137.8m) | |
| Total other expense, net | $1.2m | $7.0m | $10.2m | $11.7m | ($65.8m) | $17.1m | $19.2m | $133.2m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.