MediaAlpha Inc
For the period ended Jun 30, 2024. Filed Aug 1, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 1, 2024
MAX$14.37+1.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(Unaudited; in thousands, except share data and per share amounts)
| Three Months EndedJune 30, | Six Months EndedJune 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Revenue | $178,274 | $84,772 | $304,923 | $196,402 |
| Costs and operating expenses | ||||
| Cost of revenue | 146,589 | 71,006 | 249,558 | 164,268 |
| Sales and marketing | 6,316 | 6,707 | 12,112 | 13,701 |
| Product development | 5,052 | 5,061 | 9,415 | 10,229 |
| General and administrative | 13,824 | 18,070 | 24,973 | 33,825 |
| Total costs and operating expenses | 171,781 | 100,844 | 296,058 | 222,023 |
| Income (loss) from operations | 6,493 | (16,072) | 8,865 | (25,621) |
| Other (income) expense, net | (1,808) | (116) | (1,817) | 1,265 |
| Interest expense | 3,751 | 3,874 | 7,596 | 7,450 |
| Total other expense, net | 1,943 | 3,758 | 5,779 | 8,715 |
| Income (loss) before income taxes | 4,550 | (19,830) | 3,086 | (34,336) |
| Income tax expense | 130 | 150 | 157 | 228 |
| Net income (loss) | $4,420 | $(19,980) | $2,929 | $(34,564) |
| Net income (loss) attributable to non-controlling interest | 800 | (5,694) | 422 | (10,012) |
| Net income (loss) attributable to MediaAlpha, Inc. | $3,620 | $(14,286) | $2,507 | $(24,552) |
| Net income (loss) per share of Class A common stock | ||||
| -Basic | $0.07 | $(0.32) | $0.05 | $(0.55) |
| -Diluted | $0.07 | $(0.32) | $0.04 | $(0.55) |
| Weighted average shares of Class A common stock outstanding | ||||
| -Basic | 53,367,896 | 45,160,646 | 50,971,172 | 44,518,890 |
| -Diluted | 53,367,896 | 45,160,646 | 65,868,384 | 44,518,890 |
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