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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.
The business is unprofitable at the operating level (-12.60% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 5.6% YoY. Margins deteriorated 3.4pp alongside, both lines moving the wrong way.
ROIC dropped from -9.59% to -13.90%, capital efficiency is deteriorating. Negative free cash flow of -$1M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$45M
▼ -5.6% YoY
Net Income (TTM)
-$5M
▼ -5.8% YoY
Op. Margin
-11.68%
▼ -3.4pp YoY
ROIC
-13.02%
▼ -4.3pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$700K
▲ +2.8% YoY
Op. Cash Flow (TTM)
$700K
▼ -27.5% YoY
Net Debt
-$8M
Net Cash Position
Cash & Equiv.
$9M
5Y CAGR: -2.4%
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