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.
The Marketing Alliance, Inc. (OTC: MAAL) is a St. Louis, Missouri-based company in the finance and insurance sector that provides support to independent insurance brokerage agencies and reports results from an insurance distribution business and a construction business. This news page aggregates company-issued announcements, earnings updates and other public communications related to MAAL stock.
In its financial results releases, TMA reports insurance commission and fee revenue, construction revenue, net operating revenue (gross profit), operating income from continuing operations, net income and Operating EBITDA (excluding investment portfolio income). Management commentary often discusses performance in the insurance distribution business, developments in the construction business, and the impact of factors such as project selection, weather-related delays and changes in revenue recognition for reimbursement and marketing fee revenue.
Investors following MAAL news can review updates on share repurchase programs authorized by the Board of Directors, including programs announced in October 2024 and April 2025 to repurchase up to 800,000 shares of common stock under each authorization. The company has also used news releases to communicate changes in its shareholder distribution strategy, such as the decision to discontinue dividends, as well as governance developments like the appointment of a new member to the Board of Directors.
This page is useful for tracking recurring disclosures about The Marketing Alliance, Inc., including quarterly and annual financial results, capital allocation decisions, and operational commentary on its insurance distribution and construction activities.
The Marketing Alliance (OTC: MAAL) has announced a quarterly cash dividend of $0.05 per share. This dividend will be paid to shareholders of record on August 9, 2024, with the payment scheduled for August 16, 2024. The declaration of this dividend by the Board of Directors demonstrates the company's commitment to returning value to its shareholders. While the dividend amount provides a tangible benefit to investors, it's important to consider how this payout aligns with the company's overall financial health and growth strategies.
The Marketing Alliance (OTC: MAAL) reported its fiscal 2024 fourth-quarter financial results, highlighting a 9% increase in revenue to $19.59 million, driven by growth in the insurance distribution business.
However, construction revenue decreased, affecting overall financial performance. Operating income from continuing operations fell to $1.10 million from $1.54 million. Net income rose to $1.04 million or $0.13 per share, up from $0.82 million or $0.10 per share the previous year.
The company faced challenges including an adverse carrier mix and staffing cost overruns, but continued cost reduction measures. Investment gains improved to $493,334 from a loss of $304,488, and TMA repaid its line of credit to zero post-quarter end. Cash and cash equivalents were $2.9 million, with working capital of $7.6 million and shareholders’ equity of $6.7 million.
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The Marketing Alliance, Inc. (OTC: MAAL) reported its fiscal 2023 third quarter results, ending December 31, 2022. Revenues decreased to $4,757,329 from $5,694,086 due to shifts in the insurance distribution sector, despite a notable increase in construction revenue to $1,091,018. Operating income from continuing operations fell to $849,467 from $1,121,784, largely impacted by the absence of a prior year employee retention tax credit of $657,099. Net income was $999,527 or $0.12 per share. The company declared a $.05 dividend while highlighting the resilience of its bottom line amidst challenging economic conditions.