NYSE$MAX
MediaAlpha Inc · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
MediaAlpha's first quarter performance in 2021 showed robust growth, marked by a significant increase in revenue and transaction value.
MediaAlpha reported a strong start to 2021, with a 45% year-over-year increase in revenue to $173.6 million and a 58% increase in Transaction Value to $262.5 million. The company's growth was driven by the Property & Casualty segment, which saw a 74% increase in revenue. Despite the revenue growth, net income decreased to $0.2 million, while adjusted EBITDA increased to $16.3 million.
- Revenue increased by 45% year-over-year, reaching $173.6 million.
- Transaction Value grew by 58% year-over-year, hitting a record $262.5 million.
- Property & Casualty revenue increased 74% year-over-year, reaching $126 million.
- Net income was $0.2 million, a decrease compared to the first quarter of 2020.
Headline financials
Revenue & EPS history
MediaAlpha · Revenue · Quarterly
$174M
Forward guidance
For the second quarter of 2021, MediaAlpha expects Transaction Value between $255 million and $260 million, Revenue between $156 million and $161 million, Contribution between $25 million and $27 million, and Adjusted EBITDA between $14.5 million and $15.5 million. For the full year 2021, MediaAlpha expects Transaction Value between $1,050 million and $1,100 million, Revenue between $680 million and $710 million, Contribution between $114 million and $118 million, and Adjusted EBITDA between $65 million and $67 million.
Tailwinds
- Transaction Value between $255 million - $260 million, representing 47% year-over-year growth at the midpoint of the guidance range for Q2 2021.
- Revenue between $156 million - $161 million, representing 28% year-over-year growth at the midpoint of the guidance range for Q2 2021.
- Contribution between $25 million - $27 million, representing 28% year-over-year growth at the midpoint of the guidance range for Q2 2021.
- Adjusted EBITDA between $14.5 million - $15.5 million, representing 13% year-over-year growth at the midpoint of the guidance range for Q2 2021.
- Transaction Value between $1,050 million - $1,100 million for full year 2021.
Headwinds
- Revenue between $680 million - $710 million for full year 2021.
- Contribution between $114 million - $118 million for full year 2021.
- Adjusted EBITDA between $65 million - $67 million for full year 2021.
- The Company expects total shares outstanding at the end of the second quarter of 2021 to be 59.4 million and 64.6 million on a basic and fully diluted basis, respectively.
- MediaAlpha is not providing a reconciliation of Contribution or Adjusted EBITDA to the respective GAAP measures because the Company is unable to predict with reasonable certainty the reconciling items.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
+3.4%
Avg return
Earnings day
+1.5%
Avg return
5 days after
+0.5%
Avg return
30 days after
50%
11 / 22 earnings
Positive
+31.8%
Q3 2022
Best reaction
-18.5%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.1% | -11.3% | -11.8% | |
| Q4 2025 | +12.3% | +27.9% | +23.4% | |
| Q3 2025 | +10.8% | +20.1% | +14.7% | |
| Q1 2025 | +14.2% | +18.2% | +21.4% | |
| Q4 2024 | -18.5% | -18.6% | -11.0% | |
| Q3 2024 | -12.6% | -17.9% | -35.5% | |
| Q2 2024 | +15.0% | +12.1% | +23.4% | |
| Q1 2024 | +9.0% | +9.3% | -12.2% | |
| Q4 2023 | +22.3% | +24.2% | +26.0% | |
| Q3 2023 | -4.6% | -15.8% | +0.1% | |
| Q2 2023 | -3.0% | -6.2% | -13.2% | |
| Q1 2023 | -2.4% | -6.4% | +50.7% | |
| Q4 2022 | +12.3% | +4.8% | +1.0% | |
| Q3 2022 | +31.8% | +26.4% | +2.3% | |
| Q2 2022 | -15.0% | -32.8% | -28.9% | |
| Q1 2022 | -9.6% | -22.0% | -31.2% | |
| Q4 2021 | +28.9% | +31.6% | +39.1% | |
| Q3 2021 | -1.5% | +12.7% | -2.1% | |
| Q2 2021 | -6.6% | -19.1% | -25.2% | |
| Q1 2021 | -13.1% | -4.2% | +3.6% | |
| Q4 2020 | +3.3% | +8.2% | -30.3% | |
| Q3 2020 | +1.8% | -7.4% | +7.2% | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — | |
| Q4 2019 | — | — | — | |
| Q3 2019 | — | — | — | |
| Q2 2019 | — | — | — | |
| Q1 2019 | — | — | — | |
| Q2 2018 | — | — | — | |
| Q1 2018 | — | — | — |
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