Business
The Marketing Alliance Announces Financial Results for Fiscal First Quarter Ended June 30, 2025
The Marketing Alliance Announces Financial Results for Fiscal First Quarter Ended June 30, 2025.
About this update from Marketing Alliance, Inc. (the)
[{"type":"text","content":"\r\n\r\n \r\n \r\n The Marketing Alliance Announces Financial Results for Fiscal First Quarter Ended June 30, 2025\r\n \r\n \r\n\r\n\r\nThe Marketing Alliance Announces Financial Results for Fiscal First Quarter Ended June 30, 2025\r\n\r\n\r\n\r\n\r\n\r\nST. LOUIS, Aug. 12, 2025 (GLOBE NEWSWIRE) -- The Marketing Alliance, Inc. (OTC: MAAL) (“TMA” or the “Company”), announced its financial results today for its fiscal 2026 first quarter ended June 30, 2025. Q1 2026 Financial Key Items (all comparisons to the prior year quarter) \r\n Revenues from operations were $4,859,890 compared to $4,458,043, an increase of over 9%\r\n Operating income from continuing operations of $250,266 compared to $48,856 in the prior year quarter\r\n Net income was $275,624 or $0.04 per share in the quarter compared to ($49,853) or ($0.01) per share in the prior year quarter\r\n During the quarter on April 2, the Company announced that its Board of Directors had authorized a share repurchase program to repurchase up to 800,000 shares of the Company's issued and outstanding common stock, effective immediately and concluding March 31, 2026. Repurchases under the program may be made through privately negotiated transactions when the Company is contacted directly or open market transactions (please see the Company’s April 2, 2025, press release for more information and important disclosures). The press release is available on the Company’s website.\r\n Management Comments Timothy M. Klusas, TMA’s Chief Executive Officer, commented, “We were pleased with our start to this fiscal year. We continued to invest in the insurance distribution business and its growth. We pursued many projects in the quarter, and these have the potential to show promise in future quarters. Further, as our business continues to evolve, in a previous quarter (ending December 2024) we elected to acknowledge the changing nature of our reimbursement and marketing revenues by recognizing them over their respective projected project lives (often the calendar year) instead of when agreed and billed. Historically the company had treated non-refundable reimbursement and marketing fee revenue from carriers as earned when the agreed upon amount was invoiced. We acknowledged any timing differences of these payments as deferred revenue on the...