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The Marketing Alliance, Inc. reports recurring financial results for an operating business built around insurance distribution and construction activity. Company updates describe revenue, net operating revenue, gross profit, operating EBITDA, and segment performance, including support services for independent insurance brokerage agencies and marketing or reimbursement revenue from insurance carriers.
MAAL news also covers capital-allocation and governance actions, including share repurchase authorizations, changes to shareholder distribution policy, and board appointments. Construction updates typically address project timing, bidding discipline, cost control, and the effect of large jobs on quarterly results.
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.
The Marketing Alliance, Inc. (OTC: MAAL) has declared a cash dividend of $0.07 per share for shareholders of record on July 23, 2021, with a payment date on or about August 12, 2021. This decision reflects the Company's commitment to returning value to its shareholders. TMA supports independent insurance brokerage agencies, aiming to enhance operational efficiency through integrated insurance and insuretech platforms.
The Marketing Alliance, Inc. (OTC: MAAL) reported its fiscal 2021 fourth quarter results, with revenues falling to $6,863,682 from $9,387,273, primarily due to a challenging pandemic-affected operating environment. The company incurred an operating loss of $(86,590), down from an income of $542,341 last year. However, net income from continuing operations rose to $180,579, or $0.02 per share. Annual revenues decreased 7% to $30,669,454, amid a significant decline in insurance commissions, despite a 22% increase in construction revenue. The company has exited the family entertainment business, resulting in a loss of $(1,204,366).
The Marketing Alliance, Inc. (OTC: MAAL) has declared a cash dividend of $0.07 per share for shareholders of record on April 23, 2021, payable on or about May 7, 2021. The Company previously announced a shift to quarterly dividend distributions in June 2020 to enhance decision-making based on recent performance data. TMA supports independent insurance brokerages by integrating insurtech platforms to deliver efficient value-added services.
The Marketing Alliance, Inc. (OTC: MAAL) reported its fiscal 2021 third quarter results, highlighting revenues of $8,047,127, a 3% increase from $7,818,351 the previous year. Net income from continuing operations surged to $941,389, or $0.12 per share, compared to $421,937, or $0.05 per share, in the prior year. However, the company exited the family entertainment business, incurring a net loss of ($470,265) from discontinued operations. Operating income decreased to $581,519 from $679,376, impacted by an unfavorable business mix and startup expenses in the insurance division.