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 |
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 |