NASDAQ : MCHX
Marchex, Inc. — Financial statements
Communication Services · Advertising Agencies · United States
Last price 1.44 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 63.79M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Marchex, Inc. (MCHX) reported revenue of 43.98M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 43.98M | 45.42M | 48.12M | 49.91M | 52.17M | 53.48M |
| Cost of Revenue | 17.06M | 16.71M | 17.17M | 20.58M | 20.46M | 21.69M |
| Gross Profit | 26.92M | 28.70M | 30.95M | 29.33M | 31.71M | 31.78M |
| Selling, General & Admin | 22.01M | 23.33M | 22.38M | 21.62M | 23.30M | 22.84M |
| Research & Development | 8.67M | 9.75M | 12.41M | 15.36M | 14.36M | 16.11M |
| Amortization of Goodwill & Intangibles | 602.00K | 1.99M | 2.12M | 4.48M | ||
| Operating Expenses | 30.69M | 33.08M | 35.40M | 38.96M | 39.78M | 43.44M |
| Operating Income | -3.77M | -4.37M | -4.45M | -9.63M | -8.07M | -11.65M |
| Interest Expense | -120.00K | -173.00K | -37.00K | |||
| Interest & Investment Income | 655.00K | 568.00K | 97.00K | 3.00K | ||
| Other Non Operating Income (Expenses) | -9.00K | 2.49M | ||||
| EBT Excluding Unusual Items | -3.11M | -3.81M | -4.57M | -9.80M | -7.99M | -9.20M |
| Merger & Restructuring Charges | 100.00K | -12.00K | -74.00K | -142.00K | ||
| Gain (Loss) on Sale of Assets | -632.00K | |||||
| Asset Writedown | -203.00K | |||||
| Other Unusual Items | -1.35M | -1.35M | 5.18M | |||
| Pretax Income | -5.20M | -5.16M | -4.57M | -9.82M | -8.06M | -4.16M |
| Income Tax Expense | 275.00K | 79.00K | 380.00K | 94.00K | 184.00K | 232.00K |
| Earnings From Continuing Operations | -5.47M | -5.24M | -4.95M | -9.91M | -8.24M | -4.39M |
| Net Income | -5.47M | -5.24M | -4.95M | -9.91M | -8.24M | -4.39M |
| Net Income to Common | -5.47M | -5.24M | -4.95M | -9.91M | -8.24M | -4.39M |
| Shares Outstanding (Basic) | 44.02M | 43.86M | 43.16M | 42.62M | 43.22M | 43.92M |
| Shares Outstanding (Diluted) | 44.02M | 43.86M | 43.16M | 42.62M | 43.22M | 43.92M |
| EPS (Basic) | -0.12 | -0.12 | -0.11 | -0.23 | -0.19 | -0.10 |
| EPS (Diluted) | -0.13 | -0.12 | -0.11 | -0.23 | -0.19 | -0.10 |
| Free Cash Flow | -759.00K | -1.44M | -1.49M | -5.77M | -5.16M | -7.69M |
| Free Cash Flow Per Share | -0.02 | -0.03 | -0.03 | -0.14 | -0.12 | -0.17 |
| Gross Margin | 61.21% | 63.20% | 64.32% | 58.76% | 60.78% | 59.43% |
| Operating Margin | -8.56% | -9.63% | -9.24% | -19.30% | -15.48% | -21.79% |
| Profit Margin | -12.44% | -11.53% | -10.28% | -19.86% | -15.80% | -8.21% |
| Free Cash Flow Margin | -1.73% | -3.18% | -3.09% | -11.56% | -9.88% | -14.39% |
| EBITDA | -1.60M | -1.70M | -1.80M | -5.76M | -4.04M | -5.68M |
| EBITDA Margin | -3.65% | -3.74% | -3.74% | -11.54% | -7.75% | -10.63% |
| D&A For EBITDA | 2.16M | 2.67M | 2.65M | 3.87M | 4.03M | 5.97M |
| EBIT | -3.77M | -4.37M | -4.45M | -9.63M | -8.07M | -11.65M |
| EBIT Margin | -8.56% | -9.63% | -9.24% | -19.30% | -15.48% | -21.79% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 8.15M | 9.94M | 12.77M | 14.61M | 20.47M | 27.09M |
| Cash & Short-Term Investments | 8.15M | 9.94M | 12.77M | 14.61M | 20.47M | 27.09M |
| Accounts Receivable | 7.26M | 6.67M | 7.07M | 7.39M | 8.40M | 8.02M |
| Other Receivables | 100.00K | 400.00K | 700.00K | 630.00K | ||
| Receivables | 7.36M | 6.67M | 7.07M | 7.79M | 9.10M | 8.65M |
| Prepaid Expenses | 1.22M | 1.00M | 695.00K | 1.41M | 1.31M | 1.78M |
| Other Current Assets | 714.00K | 1.42M | 1.74M | |||
| Total Current Assets | 17.44M | 19.04M | 22.28M | 23.81M | 30.89M | 37.51M |
| Property, Plant & Equipment | 2.15M | 2.52M | 2.97M | 4.03M | 4.79M | 5.05M |
| Goodwill | 17.56M | 17.56M | 17.56M | 17.56M | 17.56M | 17.56M |
| Other Intangible Assets | 602.00K | 2.59M | 4.71M | |||
| Long-Term Deferred Charges | 100.00K | 200.00K | 128.00K | |||
| Other Long-Term Assets | 277.00K | 563.00K | 397.00K | 1.48M | 773.00K | 858.00K |
| Total Assets | 37.63M | 39.68M | 43.20M | 47.48M | 56.79M | 65.83M |
| Accounts Payable | 3.24M | 3.20M | 1.35M | 1.53M | 2.04M | 1.36M |
| Accrued Expenses | 2.52M | 3.91M | 6.33M | 6.51M | 7.39M | 7.50M |
| Current Portion of Leases | 385.00K | 355.00K | 495.00K | 462.00K | 1.25M | 1.79M |
| Current Unearned Revenue | 458.00K | 598.00K | 1.09M | 1.21M | 1.38M | 2.02M |
| Other Current Liabilities | 1.00M | |||||
| Total Current Liabilities | 7.61M | 8.06M | 9.27M | 9.72M | 12.06M | 12.67M |
| Long-Term Leases | 103.00K | 366.00K | 721.00K | 1.64M | 385.00K | 1.47M |
| Long-Term Deferred Tax Liabilities | 871.00K | 664.00K | 579.00K | 249.00K | 233.00K | 186.00K |
| Other Long-Term Liabilities | 20.00K | 500.00K | ||||
| Total Liabilities | 8.60M | 9.60M | 10.57M | 11.61M | 12.68M | 14.32M |
| Common Stock | 446.00K | 441.00K | 439.00K | 435.00K | 434.00K | 423.00K |
| Additional Paid-In Capital | 362.13M | 361.06M | 358.37M | 356.67M | 355.00M | 354.15M |
| Retained Earnings | -333.55M | -331.41M | -326.18M | -321.23M | -311.32M | -303.08M |
| Shareholders' Equity | 29.03M | 30.09M | 32.63M | 35.87M | 44.11M | 51.50M |
| Total Liabilities & Equity | 37.63M | 39.68M | 43.20M | 47.48M | 56.79M | 65.83M |
| Total Debt | 488.00K | 721.00K | 1.22M | 2.10M | 1.64M | 3.26M |
| Net Cash (Debt) | 7.66M | 9.22M | 11.55M | 12.51M | 18.84M | 23.83M |
| Net Cash Per Share | 0.17 | 0.21 | 0.27 | 0.29 | 0.44 | 0.54 |
| Filing Date Shares Outstanding | 44.30M | 43.80M | 43.35M | 42.94M | 42.14M | 41.30M |
| Total Common Shares Outstanding | 44.30M | 43.80M | 43.32M | 42.60M | 42.05M | 41.09M |
| Working Capital | 9.84M | 10.97M | 13.01M | 14.09M | 18.82M | 24.84M |
| Book Value Per Share | 0.66 | 0.69 | 0.75 | 0.84 | 1.05 | 1.25 |
| Tangible Book Value | 11.47M | 12.53M | 15.07M | 17.71M | 23.96M | 29.23M |
| Tangible Book Value Per Share | 0.26 | 0.29 | 0.35 | 0.42 | 0.57 | 0.71 |
| Machinery | 1.14M | 1.14M | 1.46M | 1.27M | 16.21M | 14.64M |
| Construction In Progress | 838.00K | 748.00K | 72.00K | 25.00K | 1.40M | 769.00K |
| Leasehold Improvements | 1.73M | 1.73M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -5.47M | -5.24M | -4.95M | -9.91M | -8.24M | -4.39M |
| Depreciation & Amortization | 2.16M | 2.67M | 2.65M | 3.87M | 4.03M | 5.97M |
| Loss (Gain) From Sale of Assets | -632.00K | 178.00K | ||||
| Asset Writedown & Restructuring Costs | 203.00K | |||||
| Loss (Gain) From Sale of Investments | -59.00K | |||||
| Stock-Based Compensation | 2.40M | 2.39M | 1.71M | 2.39M | 2.65M | 2.67M |
| Provision & Write-off of Bad Debts | 170.00K | 93.00K | -147.00K | 641.00K | 906.00K | 435.00K |
| Other Operating Activities | 1.56M | 1.44M | 330.00K | 43.00K | -5.19M | |
| Change in Accounts Receivable | 330.00K | 309.00K | 469.00K | 360.00K | -1.28M | -2.12M |
| Change in Accounts Payable | 319.00K | 1.85M | -566.00K | -1.25M | 675.00K | -1.05M |
| Change in Unearned Revenue | -348.00K | -495.00K | -121.00K | -169.00K | -633.00K | 623.00K |
| Change in Other Net Operating Assets | -2.08M | -3.79M | -475.00K | -506.00K | -437.00K | -3.23M |
| Operating Cash Flow | -752.00K | -1.41M | -1.10M | -4.39M | -2.29M | -6.34M |
| Capital Expenditures | -7.00K | -36.00K | -382.00K | -1.38M | -2.87M | -1.35M |
| Sale of Property, Plant & Equipment | 65.00K | |||||
| Sale (Purchase) of Intangibles | -1.50M | -1.28M | -47.00K | |||
| Investment in Securities | 400.00K | |||||
| Other Investing Activities | 39.00K | |||||
| Investing Cash Flow | -1.46M | -1.32M | -429.00K | -1.31M | -2.87M | -951.00K |
| Long-Term Debt Repaid | -397.00K | -310.00K | -185.00K | |||
| Net Debt Issued (Repaid) | -186.00K | -397.00K | -310.00K | -185.00K | ||
| Issuance of Common Stock | 62.00K | 300.00K | 3.00K | 25.00K | 40.00K | 528.00K |
| Other Financing Activities | -1.50M | |||||
| Financing Cash Flow | -124.00K | -97.00K | -307.00K | -160.00K | -1.46M | 528.00K |
| Net Cash Flow | -2.34M | -2.83M | -1.84M | -5.87M | -6.61M | -6.76M |
| Free Cash Flow | -759.00K | -1.44M | -1.49M | -5.77M | -5.16M | -7.69M |
| Free Cash Flow Margin | -1.73% | -3.18% | -3.09% | -11.56% | -9.88% | -14.39% |
| Free Cash Flow Per Share | -0.02 | -0.03 | -0.03 | -0.14 | -0.12 | -0.17 |
| Levered Free Cash Flow | 1.02M | 361.25K | 271.62K | -1.58M | -1.28M | -5.07M |
| Unlevered Free Cash Flow | 1.02M | 361.25K | 346.62K | -1.47M | -1.28M | -5.05M |
| Cash Interest Paid | 45.00K | 82.00K | 124.00K | 115.00K | ||
| Cash Income Tax Paid | 6.00K | 46.00K | 63.00K | 70.00K | 55.00K | 174.00K |
| Change in Working Capital | -1.77M | -2.13M | -693.00K | -1.57M | -1.68M | -5.78M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 65.56M | 72.70M | 75.81M | 57.75M | 66.31M | 100.47M |
| Enterprise Value | 57.90M | 63.25M | 65.48M | 46.46M | 44.93M | 76.37M |
| Last Close Price | 1.44 | 1.66 | 1.75 | 1.36 | 1.60 | 2.48 |
| Forward PE | 11.54 | 79.00 | 292.67 | 292.67 | 292.67 | 292.67 |
| PS Ratio | 1.50 | 1.60 | 1.57 | 1.16 | 1.27 | 1.88 |
| PB Ratio | 2.20 | 2.42 | 2.32 | 1.61 | 1.50 | 1.95 |
| P/TBV Ratio | 5.75 | 5.80 | 5.03 | 3.26 | 2.77 | 3.44 |
| PEG Ratio | 53.73 | 53.73 | 53.73 | 53.73 | 53.73 | |
| EV/Sales Ratio | 1.33 | 1.39 | 1.36 | 0.93 | 0.86 | 1.43 |
| Debt / Equity Ratio | 0.02 | 0.02 | 0.04 | 0.06 | 0.04 | 0.06 |
| Net Debt / Equity Ratio | -0.26 | -0.31 | -0.35 | -0.35 | -0.43 | -0.46 |
| Net Debt / EBITDA Ratio | 4.78 | 5.42 | 6.41 | 2.17 | 4.66 | 4.19 |
| Net Debt / FCF Ratio | 10.10 | 6.39 | 7.77 | 2.17 | 3.65 | 3.10 |
| Asset Turnover | 1.10 | 1.10 | 1.06 | 0.96 | 0.85 | 0.75 |
| Quick Ratio | 2.04 | 2.06 | 2.14 | 2.31 | 2.45 | 2.82 |
| Current Ratio | 2.29 | 2.36 | 2.40 | 2.45 | 2.56 | 2.96 |
| Return on Equity (ROE) | -17.91% | -16.69% | -14.44% | -24.78% | -17.25% | -8.43% |
| Return on Assets (ROA) | -5.91% | -6.60% | -6.13% | -11.55% | -8.23% | -10.20% |
| Return on Capital Employed (ROCE) | -12.50% | -13.80% | -13.10% | -25.50% | -18.10% | -21.90% |
| Earnings Yield | -8.78% | -7.20% | -6.53% | -17.16% | -12.44% | -4.37% |
| FCF Yield | -1.15% | -1.99% | -1.96% | -9.99% | -7.78% | -7.66% |
| Buyback Yield / Dilution | -1.12% | -1.62% | -1.26% | 1.39% | 1.58% | 5.07% |
| Total Shareholder Return | -1.12% | -1.62% | -1.26% | 1.39% | 1.58% | 5.07% |