Marchex, Inc. (MCHX) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Marchex, Inc. (MCHX) stock price & volume — 10-year historical chart
Marchex, Inc. (MCHX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Marchex, Inc. (MCHX) competitors in Marketing data, measurement and verification — business model, growth, and fundamentals comparison
Marchex, Inc. (MCHX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Marchex, Inc. (MCHX) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 129.55M | 90.29M | 85.25M | 54.49M | 51.22M | 53.48M | 52.17M | 49.91M | 48.12M | 46.49M |
| Revenue Growth % | -9.42% | -30.3% | -5.58% | -36.08% | -6% | 4.41% | -2.44% | -4.33% | -3.58% | -4.33% |
| Cost of Goods Sold | 76.97M | 49.34M | 47.8M | 18M | 20.89M | 21.69M | 20.46M | 20.58M | 17.17M | 16.88M |
| COGS % of Revenue | 59.41% | 54.64% | 56.07% | 33.04% | 40.78% | 40.57% | 39.22% | 41.24% | 35.68% | - |
| Gross Profit | 52.58M▲ 0% | 40.95M▼ 22.1% | 37.45M▼ 8.6% | 36.49M▼ 2.6% | 30.33M▼ 16.9% | 31.78M▲ 4.8% | 31.71M▼ 0.2% | 29.33M▼ 7.5% | 30.95M▲ 5.5% | 29.62M▲ 0% |
| Gross Margin % | 40.59% | 45.36% | 43.93% | 66.96% | 59.22% | 59.43% | 60.78% | 58.76% | 64.32% | 63.7% |
| Gross Profit Growth % | -18.16% | -22.11% | -8.56% | -2.57% | -16.87% | 4.79% | -0.23% | -7.51% | 5.53% | - |
| Operating Expenses | 72.51M | 47.31M | 40.87M | 50.45M | 74.39M | 43.58M | 39.86M | 38.97M | 35.4M | 34.55M |
| OpEx % of Revenue | 55.97% | 52.4% | 47.94% | 92.58% | 145.24% | 81.49% | 76.4% | 78.08% | 73.56% | - |
| Selling, General & Admin | 44.06M | 29.22M | 24.67M | 24.93M | 29.45M | 22.84M | 23.3M | 21.62M | 22.38M | 24.01M |
| SG&A % of Revenue | 34.01% | 32.36% | 28.94% | 45.75% | 57.5% | 42.72% | 44.67% | 43.31% | 46.51% | - |
| Research & Development | 28.45M | 18.09M | 15.42M | 17.88M | 21M | 16.11M | 14.36M | 15.36M | 12.41M | 10.38M |
| R&D % of Revenue | 21.96% | 20.04% | 18.09% | 32.81% | 41% | 30.13% | 27.52% | 30.77% | 25.8% | - |
| Other Operating Expenses | -73K | 14K | 781K | 7.64M | 23.93M | 4.62M | 2.2M | 2M | 602K | 161K |
| Operating Income | -83.9M▲ 0% | -6.36M▲ 92.4% | -3.89M▲ 38.9% | -13.96M▼ 259.1% | -44.06M▼ 215.6% | -11.8M▲ 73.2% | -8.15M▲ 30.9% | -9.64M▼ 18.3% | -4.45M▲ 53.9% | -4.93M▲ 0% |
| Operating Margin % | -64.76% | -7.04% | -4.56% | -25.62% | -86.02% | -22.06% | -15.62% | -19.32% | -9.24% | -10.61% |
| Operating Income Growth % | -16447.73% | 92.42% | 38.88% | -259.05% | -215.6% | 73.23% | 30.92% | -18.33% | 53.88% | - |
| EBITDA | -80.7M | -3.57M | -1.27M | -5.83M | -36.81M | -5.83M | -4.12M | -5.77M | -1.8M | -2.98M |
| EBITDA Margin % | -62.3% | -3.95% | -1.49% | -10.71% | -71.87% | -10.89% | -7.89% | -11.56% | -3.74% | -6.4% |
| EBITDA Growth % | -2658.75% | 95.58% | 64.45% | -359.81% | -530.85% | 84.17% | 29.35% | -40.18% | 68.79% | -70.29% |
| D&A (Non-Cash Add-back) | 3.19M | 2.79M | 2.62M | 8.13M | 7.25M | 5.97M | 4.03M | 3.87M | 2.65M | 1.96M |
| EBIT | -83.97M | -6.36M | -3.43M | -14.41M | -43.91M | -4.12M | -8.06M | -9.63M | -4.45M | -4.3M |
| Net Interest Income | -42K | 316K | 1.05M | 752K | 107K | -34K | 99K | 26K | -120K | -93K |
| Interest Income | 67K | 316K | 1.05M | 752K | 137K | 3K | 99K | 319K | 0 | 0 |
| Interest Expense | 109K | 0 | 0 | 0 | 30K | 37K | 0 | 293K | 120K | 93K |
| Other Income/Expense | -115K | 316K | 1.05M | 752K | 123K | 7.64M | 88K | -173K | -120K | 541K |
| Pretax Income | -84.01M▲ 0% | -6.04M▲ 92.8% | -2.83M▲ 53.1% | -13.21M▼ 366.1% | -43.94M▼ 232.6% | -4.16M▲ 90.5% | -8.06M▼ 93.9% | -9.82M▼ 21.8% | -4.57M▲ 53.5% | -4.39M▲ 0% |
| Pretax Margin % | -64.85% | -6.69% | -3.32% | -24.24% | -85.78% | -7.78% | -15.45% | -19.67% | -9.49% | -9.45% |
| Income Tax | 54K | 42K | -156K | -3.48M | -1.92M | 232K | 184K | 94K | 380K | 433K |
| Effective Tax Rate % | -0.06% | -0.69% | 5.5% | 26.32% | 4.36% | -5.58% | -2.28% | -0.96% | -8.32% | -9.85% |
| Net Income | -84.07M▲ 0% | -6.09M▲ 92.8% | -2.68M▲ 56.0% | -4.04M▼ 50.9% | -38.45M▼ 851.2% | -4.39M▲ 88.6% | -8.24M▼ 87.8% | -9.91M▼ 20.2% | -4.95M▲ 50.1% | -4.83M▲ 0% |
| Net Margin % | -64.89% | -6.74% | -3.14% | -7.42% | -75.06% | -8.21% | -15.8% | -19.86% | -10.28% | -10.38% |
| Net Income Growth % | -414.61% | 92.76% | 56% | -50.93% | -851.16% | 88.58% | -87.81% | -20.19% | 50.08% | -15.48% |
| Net Income (Continuing) | -84.07M | -6.09M | -2.68M | -9.73M | -42.02M | -4.39M | -8.24M | -9.91M | -4.95M | -4.83M |
| Discontinued Operations | 0 | 0 | 0 | 5.69M | 3.57M | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -1.79▲ 0% | -0.13▲ 92.7% | -0.06▲ 56.6% | -0.09▼ 57.6% | -0.83▼ 833.6% | -0.10▲ 88.0% | -0.19▼ 90.0% | -0.23▼ 21.1% | -0.11▲ 52.2% | -0.10▲ 0% |
| EPS Growth % | -375.38% | 92.74% | 56.62% | -57.62% | -833.63% | 87.95% | -90% | -21.05% | 52.17% | -11.41% |
| EPS (Basic) | -2.01 | -0.14 | -0.06 | -0.09 | -0.83 | -0.10 | -0.19 | -0.23 | -0.11 | - |
| Diluted Shares Outstanding | 46.93M | 47.77M | 47.5M | 45.46M | 46.26M | 43.92M | 43.22M | 42.62M | 43.16M | 48.56M |
| Basic Shares Outstanding | 41.74M | 42.71M | 47.5M | 45.46M | 46.26M | 43.92M | 43.22M | 42.62M | 43.16M | 43.9M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
Marchex, Inc. (MCHX) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 124.5M | 121.09M | 64.08M | 62.42M | 42.34M | 37.51M | 30.89M | 23.81M | 22.28M | 20.4M |
| Cash & Short-Term Investments | 103.95M | 104.19M | 45.23M | 41.73M | 33.85M | 27.09M | 20.47M | 14.61M | 12.77M | 10.32M |
| Cash Only | 103.95M | 104.19M | 45.23M | 41.73M | 33.85M | 27.09M | 20.47M | 14.61M | 12.77M | 10.32M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 18.92M | 14.86M | 16.2M | 7.53M | 6.33M | 8.02M | 8.4M | 7.39M | 7.07M | 7.4M |
| Days Sales Outstanding | 53.31 | 60.07 | 69.35 | 50.41 | 45.12 | 54.75 | 58.74 | 54.07 | 53.64 | 58.12 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 0 | 0 | 11.15M | 0 | 630K | 2.02M | 1.8M | 2.44M | 2.69M |
| Total Non-Current Assets | 3.77M | 2.73M | 49.23M | 62.08M | 34.59M | 28.31M | 25.91M | 23.67M | 20.92M | 20.74M |
| Property, Plant & Equipment | 3.56M | 2.4M | 2.92M | 8.8M | 6.49M | 5.05M | 4.79M | 4.03M | 2.97M | 2.47M |
| Fixed Asset Turnover | 36.42x | 37.54x | 29.19x | 6.19x | 7.89x | 10.58x | 10.90x | 12.39x | 16.22x | 17.29x |
| Goodwill | 0 | 0 | 24.69M | 32.33M | 17.56M | 17.56M | 17.56M | 17.56M | 17.56M | 17.56M |
| Intangible Assets | 0 | 0 | 20.7M | 19.48M | 9.2M | 4.71M | 2.59M | 602K | 0 | 0 |
| Long-Term Investments | 0 | 0 | 575K | 0 | 341K | 0 | 0 | 0 | 0 | 300K |
| Other Non-Current Assets | 214K | 326K | 917K | 1.47M | 1M | 986K | 973K | 1.48M | 397K | 1.97M |
| Total Assets | 128.27M▲ 0% | 123.82M▼ 3.5% | 113.31M▼ 8.5% | 124.5M▲ 9.9% | 76.93M▼ 38.2% | 65.83M▼ 14.4% | 56.79M▼ 13.7% | 47.48M▼ 16.4% | 43.2M▼ 9.0% | 41.15M▲ 0% |
| Asset Turnover | 1.01x | 0.73x | 0.75x | 0.44x | 0.67x | 0.81x | 0.92x | 1.05x | 1.11x | 1.11x |
| Asset Growth % | -37.43% | -3.47% | -8.49% | 9.87% | -38.21% | -14.43% | -13.72% | -16.4% | -9.01% | -34.25% |
| Total Current Liabilities | 14.87M | 32.73M | 14.95M | 17.55M | 20.95M | 12.67M | 12.06M | 9.72M | 9.27M | 8.06M |
| Accounts Payable | 6.81M | 4.93M | 5.97M | 618K | 2.42M | 1.36M | 2.04M | 1.53M | 1.35M | 2.64M |
| Days Payables Outstanding | 32.3 | 36.46 | 45.57 | 12.53 | 42.36 | 22.93 | 36.34 | 27.19 | 28.67 | 46.61 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 5.12M | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 349K | 313K | 1.78M | 866K | 0 | 0 | 1.38M | 1.21M | 1.09M | 3.62M |
| Other Current Liabilities | 0 | 21.91M | 1.2M | 10.4M | 1.39M | 2.02M | 3.57M | 3.29M | 397K | 4.65M |
| Current Ratio | 8.37x | 3.70x | 4.29x | 3.56x | 2.02x | 2.96x | 2.56x | 2.45x | 2.40x | 2.40x |
| Quick Ratio | 8.37x | 3.70x | 4.29x | 3.56x | 2.02x | 2.96x | 2.56x | 2.45x | 2.40x | 2.40x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | 11.51 |
| Total Non-Current Liabilities | 134K | 1.09M | 3.34M | 7.12M | 3.29M | 1.65M | 618K | 1.89M | 1.3M | 1.14M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 5.66M | 3.14M | 1.47M | 385K | 1.64M | 721K | 2.37M |
| Deferred Tax Liabilities | 0 | 0 | 1.53M | 981K | 0 | 0 | 233K | 249K | 579K | 2.57M |
| Other Non-Current Liabilities | 134K | 1.09M | 1.73M | 473K | 156K | 186K | 0 | 0 | 0 | 0 |
| Total Liabilities | 15M | 33.82M | 18.29M | 24.66M | 24.24M | 14.32M | 12.68M | 11.61M | 10.57M | 9.2M |
| Total Debt | 0 | 0 | 0 | 7.16M | 10.09M | 3.26M | 1.64M | 2.1M | 1.22M | 802K |
| Net Debt | -103.95M | -104.19M | -45.23M | -34.57M | -23.77M | -23.83M | -18.84M | -12.51M | -11.55M | -9.52M |
| Debt / Equity | - | - | - | 0.07x | 0.19x | 0.06x | 0.04x | 0.06x | 0.04x | 0.04x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | -0.27x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | 3.20x |
| Interest Coverage | -769.70x | - | - | - | -1468.60x | -318.81x | - | -32.91x | -37.06x | -46.24x |
| Total Equity | 113.27M▲ 0% | 90M▼ 20.5% | 95.03M▲ 5.6% | 99.84M▲ 5.1% | 52.69M▼ 47.2% | 51.5M▼ 2.3% | 44.11M▼ 14.3% | 35.87M▼ 18.7% | 32.63M▼ 9.0% | 31.94M▲ 0% |
| Equity Growth % | -39.58% | -20.55% | 5.59% | 5.06% | -47.23% | -2.25% | -14.35% | -18.68% | -9.02% | -32.59% |
| Book Value per Share | 2.41 | 1.88 | 2.00 | 2.20 | 1.14 | 1.17 | 1.02 | 0.84 | 0.76 | 0.66 |
| Total Shareholders' Equity | 113.27M | 90M | 95.03M | 99.84M | 52.69M | 51.5M | 44.11M | 35.87M | 32.63M | 31.94M |
| Common Stock | 433K | 440K | 423K | 445K | 414K | 423K | 434K | 435K | 439K | 442K |
| Retained Earnings | -247.58M | -253.71M | -256.2M | -260.24M | -298.69M | -303.08M | -311.32M | -321.23M | -326.18M | -329.1M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -25.59M | -25.68M | -25.09M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Marchex, Inc. (MCHX) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -3.67M | 1.69M | 5.05M | 5.09M | -3.37M | -6.34M | -2.29M | -4.39M | -1.1M | -1.1M |
| Operating CF Margin % | -2.83% | 1.87% | 5.92% | 9.35% | -6.59% | -11.86% | -4.39% | -8.81% | -2.29% | - |
| Operating CF Growth % | -128.77% | 146.12% | 198.52% | 0.85% | -166.22% | -88.02% | 63.86% | -91.75% | 74.88% | 506.32% |
| Net Income | -84.07M | -6.09M | -2.68M | -9.73M | -42.02M | -4.39M | -8.24M | -9.91M | -4.95M | -4.83M |
| Depreciation & Amortization | 3.19M | 2.79M | 2.6M | 8.45M | 7.25M | 5.97M | 4.03M | 3.87M | 2.65M | 2.75M |
| Stock-Based Compensation | 10.18M | 4.6M | 3.04M | 0 | 3.83M | 2.67M | 2.65M | 2.39M | 1.71M | 2.36M |
| Deferred Taxes | 0 | 0 | -185K | -1.73M | -826K | -6K | 43K | 0 | 330K | 426K |
| Other Non-Cash Items | 64.99M | 226K | 1.54M | 1.99M | 23.48M | -4.19M | 906K | 819K | -147K | -2.63M |
| Working Capital Changes | 2.03M | 165K | 740K | 6.12M | 4.9M | -6.4M | -1.68M | -1.57M | -693K | 1.27M |
| Change in Receivables | 4.02M | 3.84M | 254K | 36K | -80K | -2.13M | -1.28M | 360K | 469K | 306K |
| Change in Inventory | 1.49M | -1.72M | -135K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | -2.61M | -1.96M | 618K | -218K | 1.79M | -1.05M | 675K | -1.25M | -566K | 1.49M |
| Cash from Investing | -1.22M | -1.58M | -36.56M | -9.68M | 981K | -951K | -2.87M | -1.31M | -429K | -1.06M |
| Capital Expenditures | -1M | -1.58M | -2.23M | -1.68M | -1.35M | -1.35M | -2.87M | -1.38M | -429K | -196K |
| CapEx % of Revenue | 0.77% | 1.75% | 2.61% | 3.09% | 2.64% | 2.53% | 5.49% | 2.76% | 0.89% | - |
| Acquisitions | -224K | 0 | -34.34M | -7.92M | 88K | 400K | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -238K | -15K | -577K | -79K | 2.25M | 59K | 0 | 65K | 0 | -861K |
| Cash from Financing | -312K | 125K | -27.45M | 1.89M | -5.49M | 528K | -1.46M | -160K | -307K | -46K |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 5.12M | 0 | 0 | -185K | -310K | -345K |
| Equity Issued (Net) | -365K | 0 | -1000K | 1000K | -1000K | 528K | 40K | 25K | 3K | -25K |
| Dividends Paid | 0 | 0 | -21.91M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -365K | 0 | -5.67M | 0 | -10.85M | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 53K | 125K | 136K | 0 | 245K | 0 | -1.5M | 0 | 0 | 324K |
| Net Change in Cash | -5.21M▲ 0% | 240K▲ 104.6% | -58.96M▼ 24666.7% | -3.5M▲ 94.1% | -7.88M▼ 125.2% | -6.76M▲ 14.1% | -6.61M▲ 2.3% | -5.87M▲ 11.3% | -1.84M▲ 68.6% | -1.76M▲ 0% |
| Free Cash Flow | -4.67M▲ 0% | 115K▲ 102.5% | 2.82M▲ 2354.8% | 3.41M▲ 20.8% | -4.73M▼ 238.7% | -7.69M▼ 62.6% | -5.16M▲ 33.0% | -5.77M▼ 11.9% | -1.53M▲ 73.4% | -850K▲ 0% |
| FCF Margin % | -3.6% | 0.13% | 3.31% | 6.26% | -9.23% | -14.39% | -9.88% | -11.56% | -3.19% | -1.83% |
| FCF Growth % | -154.32% | 102.46% | 2354.78% | 20.83% | -238.67% | -62.64% | 32.97% | -11.93% | 73.44% | 36.66% |
| FCF per Share | -0.10 | 0.00 | 0.06 | 0.08 | -0.10 | -0.18 | -0.12 | -0.14 | -0.04 | -0.04 |
| FCF Conversion (FCF/Net Income) | 0.04x | -0.28x | -1.89x | -1.26x | 0.09x | 1.44x | 0.28x | 0.44x | 0.22x | 0.18x |
| Interest Paid | 37K | 0 | 0 | 0 | 0 | 0 | 0 | 115K | 124K | 50K |
| Taxes Paid | 24K | 0 | 49K | 0 | 35K | 174K | 55K | 70K | 63K | 46K |
Marchex, Inc. (MCHX) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -55.91% | -5.99% | -2.89% | -4.15% | -50.41% | -8.43% | -17.25% | -24.78% | -14.44% | -15.09% |
| Return on Invested Capital (ROIC) | -143.61% | - | -16.38% | -18.2% | -70.16% | -31.26% | -23.08% | -29.74% | -15.01% | -15.01% |
| Gross Margin | 40.59% | 45.36% | 43.93% | 66.96% | 59.22% | 59.43% | 60.78% | 58.76% | 64.32% | 63.7% |
| Net Margin | -64.89% | -6.74% | -3.14% | -7.42% | -75.06% | -8.21% | -15.8% | -19.86% | -10.28% | -10.38% |
| Debt / Equity | - | - | - | 0.07x | 0.19x | 0.06x | 0.04x | 0.06x | 0.04x | 0.04x |
| Interest Coverage | -769.70x | - | - | - | -1468.60x | -318.81x | - | -32.91x | -37.06x | -46.24x |
| FCF Conversion | 0.04x | -0.28x | -1.89x | -1.26x | 0.09x | 1.44x | 0.28x | 0.44x | 0.22x | 0.18x |
| Revenue Growth | -9.42% | -30.3% | -5.58% | -36.08% | -6% | 4.41% | -2.44% | -4.33% | -3.58% | -4.33% |
Marchex, Inc. (MCHX) stock FAQ — growth, dividends, profitability & financials explained
Marchex, Inc. (MCHX) reported $46.5M in revenue for fiscal year 2024. This represents a 362% increase from $10.1M in 2002.
Marchex, Inc. (MCHX) saw revenue decline by 3.6% over the past year.
Marchex, Inc. (MCHX) reported a net loss of $4.8M for fiscal year 2024.
Marchex, Inc. (MCHX) has a return on equity (ROE) of -14.4%. Negative ROE indicates the company is unprofitable.
Marchex, Inc. (MCHX) had negative free cash flow of $0.8M in fiscal year 2024, likely due to heavy capital investments.
Marchex, Inc. (MCHX) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates