MARCHEX INC MCHX
References herein to "we" "us" or "our" refer to Marchex, Inc. ("Marchex" or the "Company") and its wholly-owned subsidiaries unless the context specifically states or implies otherwise.
Marchex harnesses the power of artificial intelligence ("AI") and conversation intelligence to provide actionable insights derived from prescriptive vertical market data analytics. Marchex enables organizations across business functions to optimize customer acquisitions and experiences, transforming conversations into meaningful business outcomes. Marchex provides AI-powered conversation intelligence solutions for market-leading companies in leading business-to-business-to-consumer ("B2B2C") vertical markets, including many of the world's most innovative and successful brands.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $45.4M | $48.1M | $49.9M | $52.2M | $53.5M | $51.2M | $54.5M | $85.3M | $90.3M | $129.5M |
| Cost of revenue | $16.7M | $17.2M | $20.6M | $20.5M | $21.7M | $20.9M | $18.0M | $47.8M | $49.3M | $77.0M |
| Gross profit | $28.7M | $30.9M | $29.3M | $31.7M | $31.8M | $30.3M | $36.5M | $37.4M | $41.0M | $52.6M |
| R&D | $9.7M | $12.4M | $15.4M | $14.4M | $16.1M | $21.0M | $17.9M | $15.4M | $18.1M | $28.4M |
| SG&A | $10.8M | $10.2M | $10.2M | $9.8M | $9.3M | $12.8M | $13.0M | $10.9M | $13.6M | $21.8M |
| Total operating expenses | $51.1M | $52.6M | $59.6M | $60.3M | $65.3M | $75.6M | $68.4M | $89.1M | $96.7M | $150.1M |
| Operating income | -$5.7M | -$4.4M | -$9.6M | -$8.1M | -$11.8M | -$44.1M | -$14.0M | -$3.9M | -$6.4M | -$83.9M |
| Interest expense | — | — | $282.0K | — | $37.0K | $30.0K | — | — | — | — |
| Pre-tax income | -$5.2M | -$4.6M | -$9.8M | -$8.1M | -$4.2M | -$43.9M | -$13.2M | -$2.8M | -$6.0M | -$84.0M |
| Income tax | $79.0K | $380.0K | $94.0K | $184.0K | $232.0K | $1.9M | $3.5M | $156.0K | $42.0K | $54.0K |
| Net income | -$5.2M | -$4.9M | -$9.9M | -$8.2M | -$4.4M | -$38.4M | -$4.0M | -$2.7M | -$6.1M | -$84.1M |
| EPS, basic | -0.12 | -0.11 | -0.23 | -0.19 | -0.10 | — | — | — | — | — |
| EPS, diluted | -0.12 | -0.11 | -0.23 | -0.19 | -0.10 | — | — | — | — | -2.01 |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $9.9M | $12.8M | $14.6M | $20.5M | $27.1M | $33.9M | $41.7M | $45.2M | $104.2M | $104.0M |
| Receivables | $6.7M | $7.1M | $7.4M | $8.4M | $8.0M | $6.3M | $7.5M | $16.2M | $14.9M | $18.9M |
| Total current assets | $19.0M | $22.3M | $23.8M | $30.9M | $37.5M | $42.3M | $62.4M | $64.1M | $121.1M | $124.5M |
| Property, plant and equipment | $1.9M | $1.8M | $2.4M | $4.0M | $2.8M | $2.7M | $3.0M | $2.9M | $2.4M | $3.6M |
| Goodwill | $17.6M | $17.6M | $17.6M | $17.6M | $17.6M | $17.6M | $32.3M | $24.4M | $0 | $0 |
| Other intangibles | — | $0 | $602.0K | $2.6M | $4.7M | $9.2M | $19.5M | $20.7M | — | — |
| Total assets | $39.7M | $43.2M | $47.5M | $56.8M | $65.8M | $76.9M | $124.5M | $113.1M | $123.8M | $128.3M |
| Accounts payable | $3.2M | $1.3M | $1.5M | $2.0M | $1.4M | $2.4M | $618.0K | $6.0M | $4.9M | $6.8M |
| Short-term debt | — | — | $800.0K | — | — | $5.1M | — | — | — | — |
| Total current liabilities | $8.1M | $9.3M | $9.7M | $12.1M | $12.7M | $21.0M | $17.5M | $14.8M | $32.7M | $14.9M |
| Total liabilities | $9.6M | $10.6M | $11.6M | $12.7M | $14.3M | $24.2M | $24.7M | $18.0M | $33.8M | $15.0M |
| Retained earnings | -$331.4M | -$326.2M | -$321.2M | -$311.3M | -$303.1M | -$298.7M | -$260.2M | -$256.2M | -$253.7M | -$247.6M |
| Total equity | $30.1M | $32.6M | $35.9M | $44.1M | $51.5M | $52.7M | $99.8M | $95.0M | $90.0M | $113.3M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$1.4M | -$1.1M | -$4.4M | -$2.3M | -$6.3M | -$3.4M | $5.1M | $5.1M | $1.7M | -$3.7M |
| Depreciation and amortisation | $1.4M | $1.4M | $1.8M | $1.6M | $1.2M | $1.6M | $1.5M | $1.5M | $2.8M | $3.2M |
| Stock-based compensation | $2.4M | $1.7M | $2.4M | $2.6M | $2.7M | $3.8M | $3.1M | $3.0M | $4.6M | $10.2M |
| Capital expenditure | $36.0K | $382.0K | $1.4M | $2.9M | $1.4M | $1.4M | $1.6M | $1.7M | $1.6M | $986.0K |
| Investing cash flow | -$1.3M | -$429.0K | -$1.3M | -$2.9M | -$951.0K | $981.0K | -$9.7M | -$36.6M | -$1.6M | -$1.2M |
| Financing cash flow | -$97.0K | -$307.0K | -$160.0K | -$1.5M | $528.0K | -$5.5M | $1.9M | -$27.4M | $125.0K | -$312.0K |
| Dividends paid | — | — | — | — | — | — | — | $21.9M | — | — |
| Buybacks | — | — | — | — | — | $10.9M | — | $5.7M | — | $365.0K |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-161560.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $129.5M | $90.3M | $85.3M | $54.5M | $51.2M | $53.5M | $52.2M | $49.9M | $48.1M | $45.4M |
| Gross profit | $52.6M | $41.0M | $37.4M | $36.5M | $30.3M | $31.8M | $31.7M | $29.3M | $30.9M | $28.7M |
| Net income | -$84.1M | -$6.1M | -$2.7M | -$4.0M | -$38.4M | -$4.4M | -$8.2M | -$9.9M | -$4.9M | -$5.2M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Material agreement signed Item 1.01
- Material agreement signed Item 1.01
- Material impairment The company has written down the carrying value of an asset - often goodwill from an acquisition that did not work out. Item 2.06
- Material agreement signed Item 1.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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