MediaAlpha, Inc. reports developments tied to its programmatic customer acquisition platform for the insurance industry. The company connects insurance carriers with online shoppers through marketplaces serving property and casualty, health, life insurance and related categories, with revenue tied to consumer referrals sold through its platform.
Recurring updates include quarterly and annual results, transaction activity in insurance verticals, carrier participation, the Open Marketplace, AI-powered targeting and conversational insurance-shopping tools, share repurchases, board composition, governance matters and workplace-culture recognition.
MediaAlpha (NYSE: MAX) has scheduled its second quarter 2025 financial results announcement for Wednesday, August 6, 2025 after market close. The company will hold a Q&A conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.
Investors can access the live webcast through MediaAlpha's Investor Relations website. For those preferring to dial in, toll-free numbers are available at (800) 715-9871 or (646) 307-1963, with conference ID 8453843. An audio replay will be accessible on the company's investor relations website following the call.
[]MediaAlpha (NYSE: MAX), a leading marketing technology platform for insurance customer acquisition, has appointed Amy Yeh as Chief Technology Officer (CTO), effective immediately. Yeh, who joined the company in 2015 and most recently served as SVP, Technology, succeeds co-founder Eugene Nonko as part of a planned leadership transition.
Under Yeh's previous leadership as SVP, Technology, she has been instrumental in scaling MediaAlpha's engineering organization and technology infrastructure. The company reported significant operational metrics for 2024, including 119 million Consumer Referrals and $1.5 billion in programmatic advertising spend across various insurance sectors.
Eugene Nonko, MediaAlpha's co-founder and former CTO, will transition to the newly created role of Chief Architect, focusing on long-range technical vision and architectural initiatives while maintaining his position on the Company's Board of Directors. The company currently maintains partnerships with over 1,200 active partners, excluding agent partners.
MediaAlpha (NYSE: MAX) announced that its Co-Founder and CEO Steve Yi, along with CFO Pat Thompson, will be presenting at the William Blair 45th Annual Growth Stock Conference in Chicago. The presentation is scheduled for June 4, 2025, at 10:40 a.m. CDT. Investors can access a live webcast of the presentation through MediaAlpha's Investor Relations website at investors.mediaalpha.com, with a replay available shortly after the event.
MediaAlpha reported exceptional Q1 2025 financial results, with revenue surging 109% to $264.3 million and Transaction Value growing 116% to $473.1 million. The company's Property & Casualty vertical achieved record performance, up 200% year-over-year to $407 million, while Health segment declined 17% to $58 million.
Despite strong top-line growth, the company posted a net loss of $(2.3) million, compared to $(1.5) million in Q1 2024. Adjusted EBITDA reached $29.4 million, doubling from $14.4 million last year. Gross margin decreased to 15.8% from 18.7% year-over-year.
Looking ahead to Q2 2025, MediaAlpha projects Transaction Value between $470-495 million, representing 50% growth, and revenue of $235-255 million, up 37%. The company plans to exit its Travel segment by Q2 end and has recorded a $12 million total reserve related to ongoing FTC settlement discussions.
MediaAlpha (NYSE: MAX) has scheduled its first quarter 2025 financial results announcement for Wednesday, April 30, 2025 after market close. The company will hold a Q&A conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day to discuss the results.
Investors can access the live webcast through MediaAlpha's Investor Relations website at investors.mediaalpha.com. For those preferring to dial in, toll-free numbers are available at (800) 715-9871 or (646) 307-1963, with conference ID 9885411. An audio replay will be accessible on the company's investor relations website following the call.
MediaAlpha (NYSE: MAX) has appointed Bradley Hunt to its Board of Directors. Hunt brings over 20 years of leadership and marketing experience, including 18 years at UnitedHealth Group (UHG). He most recently served as CEO of UHG's Optum Rx Home Delivery Pharmacy and previously held positions as Senior VP of Strategic Initiatives and Chief Marketing Officer for Government Programs.
The appointment is part of a Board transition following MediaAlpha's change from controlled company status in May 2024. Current board member Jennifer Moyer will not seek reelection when her term expires in May 2025. Board Chair Kathy Vrabeck expressed confidence that Hunt's expertise in customer acquisition and marketing strategy, particularly in health insurance, will help advance MediaAlpha's market position and enhance long-term shareholder value.
MediaAlpha (NYSE: MAX) has appointed Keith Cramer as its Chief Revenue Officer (CRO), a newly created position focused on driving the company's next growth phase. Cramer, who joined MediaAlpha in 2014, previously served as Senior Vice President, Supply Partnerships and Head of Property & Casualty. During his 11-year tenure, he has been instrumental in:
- Scaling the company's Property & Casualty Insurance vertical
- Developing new marketplace solutions
- Building strong partner relationships
CEO Steve Yi emphasized Cramer's role in the company's evolution from a disruptive newcomer to an industry leader, highlighting his leadership and industry expertise as important for future growth and partnership strengthening.
MediaAlpha (NYSE: MAX) reported strong financial results for Q4 and full year 2024. Q4 revenue grew 157% to $300.6 million, with Transaction Value up 202% to $499.2 million. The Property & Casualty vertical showed exceptional performance, with Transaction Value increasing 639% to $401 million.
Full-year 2024 results included revenue growth of 123% to $864.7 million and Transaction Value growth of 151% to $1.5 billion. The company achieved net income of $22.1 million, compared to a net loss of $56.6 million in 2023. Adjusted EBITDA reached a record $96.1 million.
For Q1 2025, MediaAlpha projects Transaction Value of $415-440 million (95% YoY increase), revenue of $225-245 million (86% YoY increase), and Adjusted EBITDA of $24.5-26.5 million (77% YoY increase). The company noted a $7.0 million reserve related to ongoing FTC settlement discussions.
MediaAlpha (NYSE: MAX) has announced it will release its fourth quarter and full year 2024 financial results on Monday, February 24, 2025, after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.
A live webcast will be available on MediaAlpha's Investor Relations website, and participants can also join via phone using the toll-free numbers (800) 715-9871 or (646) 307-1963, with conference ID 7502416. An audio replay will be available on the company's investor relations website following the call.
MediaAlpha (NYSE: MAX) reported strong Q3 2024 financial results with revenue reaching $259.1 million, up 247% year over year. The company's Transaction Value increased 314% to $451.8 million, driven by a 766% growth in Property & Casualty insurance to $387 million. Net income was $11.9 million, compared to a net loss of $(18.7) million in Q3 2023. Adjusted EBITDA rose to $26.3 million from $3.6 million year over year. For Q4 2024, MediaAlpha expects Transaction Value between $470-495 million and revenue between $275-295 million, with Adjusted EBITDA projected at $29.5-32.5 million.