Marchex Inc (OQ:MCHX)

Sector:  Consumer Cyclicals Industry:  Advertising & Marketing
 
See Regulatory Filings on SEC
Company Contact
Address: 1200 FIFTH AVE, SUITE 1300
SEATTLE WA 98101
Tel: N/A
Website: https://www.marchex.com
IR: See website
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Key People
Russell C. Horowitz
Executive Chairman of the Board
Edwin A. Miller
Chief Executive Officer
Michael A. Arends
Vice Chairman of the Board
Holly Aglio
Chief Financial Officer
Troy W. Hartless
Chief Revenue Officer
 
Business Overview
Marchex, Inc. provides conversation intelligence platform. The Company provides conversational intelligence artificial intelligence (AI)-powered solutions. The Company's product offerings include Marketing Edge, Sonar Business Text Messaging, Marchex Platform Services, Spotlight and Engage. Marketing Edge leverages conversational intelligence with generative AI to form a comprehensive marketing attribution and conversation data solution. Sonar Business Text Messaging is an AI empowered, intelligent workflow enabled mobile messaging solution that enables operations, sales and marketing teams to communicate personally with field staff, prospects and customers. Marchex Platform Services is an API-based, conversation intelligence product that allows executives, sales, customer engagement and marketing teams to apply Marchex AI to any calls, regardless of communication platform, in order to identify actionable insights from conversations with their customers.
Financial Overview
For the fiscal year ended 31 December 2023, Marchex Inc revenues decreased 4% to $49.9M. Net loss increased 20% to $9.9M. Revenues reflect Canada segment decrease of 4% to $499K. Higher net loss reflects Product development - Balancing value increase of 8% to $15.2M (expense), Stock-based Compensation in SGA- increase of 16% to $1.6M (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -$0.19 to -$0.23.
Employees: 164 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $45.19M as of Dec 31, 2023
Annual revenue (TTM): $49.91M as of Dec 31, 2023
EBITDA (TTM): -$5.63M as of Dec 31, 2023
Net annual income (TTM): -$9.91M as of Dec 31, 2023
Free cash flow (TTM): -$5.77M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 43,678,595 as of Apr 25, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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