Mediaalpha Inc (MAX) Financials

$12.53

$0.23 (1.87%)

As on 02-Sep-2026 16:09EDT

Market cap

$807 Mln

Revenue (TTM)

$1,225 Mln

P/E Ratio

8.3

P/B Ratio

29.1

Div. Yield

0 %

Annual
Quarterly

Income Statement ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Operating Revenue	1,224.55	1,113.60	864.70	388.15	459.07	645.27
Cost of Revenue	1,044.46	946.06	721.13	321.44	389.01	543.75
Gross Profit	180.09	164.56	143.57	66.71	70.06	101.52
Operating Expenses	39.61	86.35	100.85	106.64	105.45	99.38
Operating Profit (EBIT)	140.48	78.22	42.73	-39.92	-35.39	2.15
Other Income	--	--	--	--	--	-3.84
Profit before Tax	-10.82	-111.06	23.50	-57.02	30.46	-9.52
Provision for Tax	-118.28	-137.82	1.38	-0.46	102.91	-1.05
Profit after Tax (Net Income)	97.22	25.62	16.63	-40.42	-57.67	-5.28
Minority Interest	-10.24	-1.14	-5.49	16.14	14.78	3.20
Consolidated Profit	46.31	25.62	16.63	-40.42	-57.67	-5.28

Liabilities ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Shareholder's Funds	28.41	4.16	2.38	-10.29	-15.99	-4.34
Minority Interest	-10.24	--	--	--	--	-57.23
Non-Current Liabilities	231.69	265.38	175.73	168.63	179.27	267.15
Current Liabilities	133.08	147.65	132.95	79.72	76.89	84.22
Total Liabilities	492.89	383.83	262.45	153.93	170.08	289.80

Assets ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Non-Current Assets	188.48	209.46	72.54	79.35	89.66	152.70
Current Assets	171.34	174.37	189.91	74.57	80.42	137.11
Total Assets	492.89	383.83	262.45	153.93	170.08	289.80
Total Debt*	176.71	155.20	162.45	174.30	186.29	190.78
Net Current Assets	38.26	26.73	56.96	-5.15	3.53	52.89

Cashflow ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Cash From Operating Activities	--	65.60	45.87	20.23	28.27	28.62
Cash Flow from Investing Activities	--	-0.34	-0.65	-0.07	-49.78	-0.65
Cash from Financing Activities	--	-61.65	-19.22	-17.43	-14.52	-0.96
Net Cash Inflow / Outflow	--	--	--	--	--	27.01

Financials Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Adjusted EPS ($)	1.56	0.38	0.30	-0.86	-1.34	-0.13
Cash EPS ($)	--	0.43	0.42	-0.71	-1.20	-0.05
Adjusted Book Value ($)	--	0.06	0.04	--	--	--
Dividend per Share ($)	--	--	--	--	--	--
Cash Flow per Share ($)	--	0.98	0.83	0.43	0.66	0.72
Free Cash Flow per Share ($)	--	0.98	0.83	0.43	0.66	0.70

Profitability Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
ROCE (%)	--	15.81	10.11	-24.18	-32.33	-3.93
ROE (%)	534.07	783.82	-420.14	307.53	567.30	9.97
ROA (%)	21.82	7.93	7.99	-24.95	-25.08	-2.09
EBIT Margin (%)	-0.02	-8.96	6.22	-9.18	8.65	-0.26
Net Margin (%)	7.94	2.30	1.92	-10.41	-12.56	-0.82
Cash Profit Margin (%)	0.00	--	--	--	--	--

Growth Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Revenue Growth (%)	13.84	0.29	1.23	-0.15	-0.29	0.10
EBIT Growth (%)	-100.23	-285.48	251.08	-189.72	2,446.57	-108.66
Net Profit Growth (%)	1,266.25	54.09	141.14	29.91	-993.19	-135.64
EPS Growth (%)	1,493.34	0.28	1.35	0.36	-9.13	-1.53
Book Value Growth (%)	769.65	--	--	--	--	--

Valuation Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Price / Earnings	8.34	33.75	37.53	-12.96	-7.42	-116.62
Price / Book Value	29.09	207.90	262.44	-50.90	-26.75	-141.84
Dividend Yield (%)	--	--	--	--	--	--
EV/EBITDA	470.42	-10.08	12.29	-24.02	13.07	454.78
Close Price ($)	12.57	12.95	11.29	11.15	9.95	15.44
High Price ($)	13.92	13.92	25.78	17.01	17.26	70.33
Low Price ($)	7.09	7.33	10.21	5.08	7.59	12.68
Market Cap ($ Cr)	806.85	--	--	--	--	--

Solvency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Debt to Equity	5.97	37.31	68.31	-16.93	-11.65	-43.99
Short term debt to equity ratio	0.25	5.47	3.72	-1.15	-0.60	-2.19
Current Ratio	1.29	1.18	1.43	0.94	1.05	1.63
Quick Ratio	1.29	--	--	0.98	--	--
Interest Coverage	-0.02	-8.88	3.75	-2.33	4.29	-0.22

Operating Efficiency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Debtors to sales (%)	11.56	11.05	16.53	13.85	13.07	11.79
Asset Turnover	2.75	3.45	4.15	2.40	2.00	2.56
Receivable days	--	43.61	41.54	53.53	54.14	48.79
Inventory Days	--	--	-1.79	-4.01	--	--
Payable days	--	37.96	40.99	62.65	54.35	53.74
Cash Conversion Cycle	--	--	-1.23	-13.13	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.