Advertising GrowthAuto insurers will ramp up advertising-for-growth spend beyond sell-side expectations, benefiting MAX which derives ~65% of its revenues from the auto insurance direct-to-consumer channel.
Financial PerformanceMediaAlpha's Q4 results came in well ahead of guidance, with Transaction Value, Revenue, and adj. EBITDA all ahead of expectations, as the Auto insurance recovery continues its momentum.
Settlement And ResolutionsMAX will be able to settle at an amount that does not require an equity capital raise, which if correct would act as a positive catalyst for the stock.