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MARKETING ALLIANCE INC - $MAAL STOCK NEWS

Welcome to our dedicated page for MARKETING ALLIANCE news (Ticker: $MAAL), a resource for investors and traders seeking the latest updates and insights on MARKETING ALLIANCE stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect MARKETING ALLIANCE's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of MARKETING ALLIANCE's position in the market.

Rhea-AI Summary
The Marketing Alliance, Inc. (OTC: MAAL) declares a $0.05 per share cash dividend for shareholders, to be paid on April 23, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.71%
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dividends
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Rhea-AI Summary
The Marketing Alliance, Inc. (MAAL) announced its fiscal 2024 third-quarter financial results, reporting operating income of $615,317, a decrease from the prior year. Revenues were $4,738,004, with a rise in Insurance distribution revenue offset by a decline in Construction revenues. Net income was $766,105, or $0.09 per share, down from $1,000,743, or $0.12 per share.
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Rhea-AI Sentiment
End-of-Day
3.35%
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Rhea-AI Summary
The Marketing Alliance, Inc. (OTC: MAAL) declares $0.05 per share cash dividend for shareholders of record on December 29, 2023
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Rhea-AI Sentiment
End-of-Day
2.21%
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dividends earnings
Rhea-AI Summary
The Marketing Alliance, Inc. (OTC: MAAL) reported financial results for Q1 2024. Operating income decreased from $383,810 to $52,191 due to timing issues with insurance fees and revenue from the annual conference. Revenues decreased from $4,382,845 to $4,109,746 for the same reasons. Net income from continuing operations improved to $139,508 or $0.02 per share compared to a loss in the previous year quarter. The construction business had a strong start. Balance sheet showed cash and cash equivalents of $1.4 million, working capital of $5.6 million, and shareholders' equity of $6.4 million.
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The Marketing Alliance, Inc. (OTC: MAAL) declares $0.05 per share cash dividend for shareholders of record on September 25, 2023, to be paid on or about October 18, 2023.
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Rhea-AI Summary
The Marketing Alliance, Inc. (OTC: MAAL) announced a decrease in revenues and operating income for the fiscal year 2023, compared to the prior year due to changes in carrier and product mix in the insurance distribution business. Net income from continuing operations was also lower. The company's CEO mentioned that the insurance distribution business performed well despite challenges in the industry, and the construction business executed at a high level. Total revenues for the year were $17,940,089, with a decrease primarily due to a shift in business and carrier mix in the insurance distribution business. Operating income from continuing operations was $1,217,844 compared to $2,703,570 in the prior year. Net income from continuing operations was $574,930 or $0.07 per share compared to $2,540,398 or $0.31 per share.
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6.38%
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MARKETING ALLIANCE INC

OTC:MAAL

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MAAL Stock Data

15.76M
Insurance Agencies and Brokerages
Finance and Insurance
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