Marketing Alliance Stock Price, News & Analysis

The Marketing Alliance, Inc. (OTC: MAAL) announced a cash dividend of $0.05 per share for shareholders of record on September 23, 2022, payable around October 15, 2022. This move aims to benefit investors and reflects the company’s ongoing commitment to delivering shareholder value. Headquartered in St. Louis, MO, TMA supports independent insurance brokerage agencies by integrating insurance and insuretech platforms to enhance efficiency.

The Marketing Alliance, Inc. (OTC: MAAL) has appointed Joe Bosnack to its Board of Directors, effective August 10, filling the seat left vacant by the late David Lenaberg, Ph.D. Bosnack, President and CEO of Katz Nassau Agency, brings extensive experience in the insurance sector. His leadership roles in various insurance organizations indicate a strong alignment with TMA's values. Tim Klusas, the TMA President, expressed confidence in Bosnack's contributions to the company, emphasizing the need for board members to reflect company values.

The Marketing Alliance, Inc. (OTC: MAAL) reported its FY 2022 fourth quarter and annual results, highlighting a shift in financial performance despite revenue declines. The fourth quarter saw operating income rise to $807,164 from a loss of $86,590 the previous year, with net income from continuing operations up to $455,747 or $0.08 per share. For the full fiscal year, operating income increased to $2,703,570, though total revenues fell 22% to $23,691,799. The company benefitted from employee retention credits which helped reduce operating expenses. As of March 31, 2022, cash and cash equivalents totaled $1.4 million.

The Marketing Alliance, Inc. (OTC: MAAL) has declared a cash dividend of $0.07 per share for shareholders on record as of June 30, 2022. The payment is set to occur on or about July 12, 2022. TMA aims to provide independent insurance brokerage agencies with enhanced value through integrated insurance and insuretech platforms, improving efficiency for its members.

The Marketing Alliance (OTC: MAAL) reported its fiscal 2022 third-quarter results, highlighting an operating income rise to $1,121,784, despite a 29% revenue decrease to $5,694,085. The increase in operating income was partly due to a $657,099 Employee Retention Credit. Net income from continuing operations was $1,078,508, or $0.13 per share, compared to $941,389, or $0.12 per share, in the prior year. The company noted challenges in its construction sector and a decline in revenues due to project delays and varying commission structures in the insurance business.

The Marketing Alliance, Inc. (OTC: MAAL) has announced a cash dividend of $0.07 per share for shareholders of record on March 29, 2022, with payment scheduled on or about April 15, 2022. This dividend aims to provide income to shareholders while reinforcing TMA's commitment to returning value. The company, based in St. Louis, supports independent insurance brokerage agencies by integrating insurance and insuretech services, enhancing operational efficiency for its members.

The Marketing Alliance, Inc. (OTC: MAAL) reported its fiscal 2022 second-quarter results. Revenues dropped to $5.75 million from $8.16 million due to declines in both insurance distribution and construction sectors. Operating income fell to $393,147 compared to $899,878 in the prior year. Net income was $459,245 or $0.06 per share, down from $565,956 or $0.07 per share. Increased operating expenses were noted, rising to 16.6% of total revenues. The company faces challenges from project delays and shifting insurance carrier strategies but remains optimistic about future improvements following recent federal infrastructure legislation.

The Marketing Alliance, Inc. (OTC: MAAL) declared a cash dividend of $0.07 per share for shareholders on record as of November 5, 2021. Payment is expected around December 3, 2021.

Based in St. Louis, MO, TMA supports independent insurance brokerage agencies by integrating insurance and insuretech platforms to provide enhanced services.

The Marketing Alliance reported a revenue decline in Q1 FY 2022, totaling $6.49 million, down from $7.6 million in the previous year, mainly due to lower insurance commission revenues. Operating income from continuing operations was $381,465, with net income decreasing to $546,898 or $0.07 per share. The company's construction business showed growth, countering challenges in its insurance segment. Operating expenses rose slightly to 15.5% of total revenues. Cash and equivalents were approximately $1.1 million as of June 30, 2021.