MediaAlpha(MAX)
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MediaAlpha(MAX) - 2021 Q2 - Earnings Call Presentation
2021-08-16 20:51
○░ MediaAlpha NEWS RELEASE MediaAlpha Announces Second Quarter 2021 Financial Results 8/12/2021 Revenue of $157 million, up 27% year over year Revenue from Property & Casualty grew 23% year over year to $109 million Transaction Value of $257 million, up 46% year over year LOS ANGELES--(BUSINESS WIRE)-- MediaAlpha, Inc. (NYSE: MAX), today announced its nancial results for the second quarter ended June 30, 2021. "We had a strong second quarter, marking our eighth consecutive quarter of Transaction Value growt ...
MediaAlpha(MAX) - 2021 Q2 - Quarterly Report
2021-08-13 18:43
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________ FORM 10-Q ________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-39671 ____________________ MediaAlpha, Inc. (Exact name ...
MediaAlpha(MAX) - 2021 Q2 - Earnings Call Transcript
2021-08-12 23:52
MediaAlpha, Inc. (NYSE:MAX) Q2 2021 Earnings Conference Call August 12, 2021 5:00 PM ET Company Participants Denise Garcia - Investor Relations Steven Yi - Co-Founder & Chief Executive Officer Tigran Sinanyan - Chief Financial Officer Conference Call Participants Cory Carpenter - JPMorgan Michael Graham - Canaccord Meyer Shields - KBW Daniel Grosslight - Citi Operator Good day and thank you for standing by. Welcome to the MediaAlpha Second Quarter 2021 Earnings Conference Call. At this time, all participant ...
MediaAlpha (MAX) Investor Presentation - Slideshow
2021-06-02 19:42
Ed Sort By A {69% MediaAlpha 85 42 51 s ब्ल्यु 71 F Disclaimer Forward-looking statements and other information This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 about the Company and its industry that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this presentation, including statements regarding the Company's future results of operations or financial condition, ...
MediaAlpha(MAX) - 2021 Q1 - Quarterly Report
2021-05-14 19:43
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-39671 MediaAlpha, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdictio ...
MediaAlpha(MAX) - 2021 Q1 - Earnings Call Transcript
2021-05-14 10:07
Financial Data and Key Metrics Changes - The top-line transaction value for Q1 2021 was $262.5 million, representing a 58% year-over-year increase and exceeding the high end of the guidance range [5] - The company reported significant growth in the P&C vertical, achieving 74% year-over-year growth, and a 51% year-over-year growth in the health insurance vertical [5][6] Business Line Data and Key Metrics Changes - The P&C vertical's performance was a major driver of overall growth, while the health insurance vertical also showed strong momentum [5] - The company noted that the insurance industry spent only 21% of its marketing dollars online, compared to 65% across all industries, indicating a significant opportunity for growth in online distribution channels [6] Market Data and Key Metrics Changes - The company observed that employment numbers and miles driven are increasing, but commuting miles have not returned to pre-pandemic levels, which may affect future insurance market dynamics [10][11] - The company expects the soft market conditions in the insurance sector to persist through the end of the year and into the next [11] Company Strategy and Development Direction - The company is focused on capturing greenfield opportunities in the insurance market, particularly as the sector continues to shift towards online marketing [6] - The management emphasized the importance of transaction value and contribution metrics over the mix of private versus open marketplace transactions, indicating a strategic focus on long-term growth [30] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the continued strength of carrier spending, particularly in the P&C space, despite uncertainties regarding commuting patterns [9][10] - The company anticipates a seasonal slowdown in health insurance business in Q2 and Q3, followed by a spike in Q4 during the open enrollment period [23] Other Important Information - The company completed its first follow-on offering, incurring approximately $2.8 million in expenses related to professional services, which impacted GAAP EPS [46][47] - The management highlighted a trend of insurance carriers centralizing their marketing support for agents, which could enhance efficiency and effectiveness in customer acquisition [35][38] Q&A Session Summary Question: Insights on carrier spending and confidence in guidance - Management noted that while miles driven are increasing, commuting miles remain below historical levels, which may affect loss ratios and profitability in the insurance market [9][10] Question: Shift to private marketplace - Management indicated that larger partners are increasingly going direct via private platforms, validating the company's model and contributing to growth in transaction value [13][14] Question: Seasonal trends in health insurance - Management confirmed strong performance during the open enrollment period and noted that seasonal trends would likely lead to a slowdown in Q2 and Q3 before a year-end spike [22][23] Question: Digital marketing spend in the insurance industry - Management expressed optimism that the insurance industry's digital marketing spend will increase, potentially approaching parity with overall advertising market levels [44] Question: GAAP charges impacting EPS - Management clarified that the GAAP EPS was affected by one-time charges related to the follow-on offering, which amounted to approximately $2.8 million [46][47]
MediaAlpha(MAX) - 2020 Q4 - Annual Report
2021-03-15 13:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-39671 MediaAlpha, Inc. (Exact name of Registrant as specified in its Charter) Delaware 85-1854133 (State or other jurisdiction of inc ...
MediaAlpha(MAX) - 2020 Q4 - Earnings Call Transcript
2021-03-12 04:09
MediaAlpha, Inc. (NYSE:MAX) Q4 2020 Earnings Conference Call March 11, 2021 5:00 PM ET Company Participants Denise Garcia – Investor Relations Steve Yi – Chief Executive Officer Tigran Sinanyan – Chief Financial Officer Conference Call Participants Frank Morgan – RBC Capital Markets Cory Carpenter – JPMorgan Michael Graham – Canaccord Daniel Grosslight – Citi Mike Zaremski – Credit Suisse Operator Hello. My name is Philip, and I’ll be your conference operator today. At this time, I would like to welcome eve ...
MediaAlpha(MAX) - 2020 Q3 - Quarterly Report
2020-12-11 20:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-39671 MediaAlpha, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdi ...
MediaAlpha(MAX) - 2020 Q3 - Earnings Call Transcript
2020-12-11 04:10
MediaAlpha, Inc. (NYSE:MAX) Q3 2020 Earnings Conference Call December 10, 2020 5:00 PM ET Company Participants Denise Garcia - Investor Relations Steve Yi - Co-Founder & Chief Executive Officer Tigran Sinanyan - Chief Financial Officer Conference Call Participants Michael Zaremski - Credit Suisse Daniel Grossman - Citi Michael Graham - Canaccord Genuity Operator Ladies and gentlemen, thanks for standing by and welcome to the MediaAlpha Third Quarter 2020 Earnings Call. At this time, all participants are in ...