Trump to visit Fed on Thursday amid Powell feud, renovation probe
On May 14, 2025, MediaAlpha, Inc., a $682 million market cap company currently trading at $10.16, held its Annual Meeting of Stockholders, where several critical matters were submitted to a vote. According to InvestingPro analysis, the company maintains a strong financial health score of 3.11, with liquid assets comfortably exceeding short-term obligations. The shareholders elected two Class II directors, Bradley Hunt and Steven Yi, to serve a three-year term expiring in 2028. The election saw Bradley Hunt receive 57,002,361 votes for and 79,090 against, with 66,756 abstentions and 3,985,987 broker non-votes. Steven Yi was elected with 56,960,029 votes for, 158,750 against, 29,428 abstentions, and 3,985,987 broker non-votes. The company, which has shown impressive revenue growth of 148.62% over the last twelve months, appears undervalued according to InvestingPro’s Fair Value analysis. Get access to 11 more exclusive ProTips and comprehensive research reports on MediaAlpha and 1,400+ other stocks with InvestingPro.
Additionally, the compensation of the company’s named executive officers for 2024 was approved on a non-binding advisory basis. The proposal passed with 51,553,713 votes for, 5,560,610 against, 33,884 abstentions, and 3,985,987 broker non-votes.
The appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025, was ratified as well. The proposal saw a significant majority in favor, with 60,609,288 votes for, 506,093 against, and 18,813 abstentions.
The meeting had a robust turnout, with approximately 90.6% of the total shares entitled to vote being present in person or by proxy, totaling 61,134,194 shares of common stock. The detailed results of the meeting are based on the information provided in the company’s SEC filing.
In other recent news, MediaAlpha reported its first quarter 2025 financial results, which surpassed expectations. The company achieved a revenue of $264.3 million, marking a 109% increase compared to the previous year. The transaction value, a crucial metric for MediaAlpha, rose 116% year-over-year to $473.1 million, with the property and casualty segment experiencing a significant 200% surge to $407 million. Despite these gains, MediaAlpha reported a net loss of $2.3 million, slightly higher than the $1.5 million loss in the same period last year. However, adjusted EBITDA more than doubled to $29.4 million from $14.4 million year-over-year. Looking ahead, MediaAlpha projects second-quarter transaction values between $470 million and $495 million, representing a 50% increase at the midpoint. Revenue for the next quarter is expected to be between $235 million and $255 million, reflecting a 37% year-over-year growth at the midpoint. The company also anticipates adjusted EBITDA of $25 million to $27 million for the second quarter, indicating a 39% increase year-over-year at the midpoint.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.