NYSE$MAX
MediaAlpha Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Announced first quarter 2022 financial results, showing a decrease in revenue and transaction value, but growth in the Health insurance vertical.
MediaAlpha reported a decrease in revenue by 18% year-over-year to $142.6 million, and a decrease in Transaction Value by 9% year-over-year to $239 million. The Property & Casualty vertical was affected by a cyclical decline, while the Health insurance vertical grew by 20%. The company reported a net loss of $9.8 million and an Adjusted EBITDA of $7.1 million.
- Revenue was $143 million, down 18% year over year.
- Transaction Value was $239 million, down 9% year over year.
- Transaction Value from Property & Casualty decreased 19% year over year to $148 million.
- Transaction Value from Health increased 20% year over year to $60 million.
Headline financials
Revenue & EPS history
MediaAlpha · Revenue · Quarterly
$143M
Forward guidance
For the second quarter of 2022, MediaAlpha expects Transaction Value between $180 million - $195 million, Revenue between $110 million - $120 million, and Adjusted EBITDA between $2.5 million - $5.0 million.
Tailwinds
- Expects year-over-year growth in the Health insurance vertical despite unusually high volumes experienced due to the extended Open Enrollment Period in 2021.
Headwinds
- Reflects a continuing year-over-year reduction in customer acquisition spending by P&C insurance carrier partners.
- Transaction Value between $180 million - $195 million, representing a 27% year-over-year decline at the midpoint of the guidance range.
- Revenue between $110 million - $120 million, representing a 27% year-over-year decline at the midpoint of the guidance range.
- Adjusted EBITDA between $2.5 million - $5.0 million, representing a 75% year-over-year decline at the midpoint of the guidance range.
- Adjusted EBITDA to decline year over year in Q2 2022 at a greater rate than Transaction Value, Revenue, and Contribution due to the increases in public company costs and headcount over the last year.
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 2022
+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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