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Marketing Alliance (MAAL) delivers strategic marketing solutions through digital campaigns, brand development, and data-driven advertising services. This news hub provides investors and industry professionals with essential updates about the company's financial decisions, operational developments, and market positioning.
Access timely press releases and analysis covering MAAL's shareholder initiatives, including its share repurchase program and strategic service expansions. Discover updates on client engagements, market research innovations, and leadership decisions shaping this established marketing services provider.
Key content areas include earnings announcements, strategic partnership disclosures, executive appointments, and financial policy updates. All materials maintain factual accuracy while avoiding speculative commentary, serving both casual observers and professional analysts.
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The Marketing Alliance (OTC: MAAL) has announced a significant share repurchase program authorized by its Board of Directors. The program allows for the repurchase of up to 800,000 shares of the company's common stock, running from April 2, 2025, through March 31, 2026.
CEO Timothy Klusas indicated that this initiative reflects the company's financial strength and commitment to enhancing shareholder value. The decision came after the Board observed that the company's dividend policy was not adequately reflected in the stock price.
The repurchases may be executed through privately negotiated transactions or open market purchases, including under Rule 10b5-1 and Rule 10b-18. The timing, quantity, and purchase price will be determined by management based on factors such as market price relative to tangible book value, economic conditions, and legal requirements.
The Marketing Alliance (OTC: MAAL) reported financial results for Q3 FY2025 ended December 31, 2024, showing a decline in performance. The company posted an operating loss of ($124,345) compared to a profit of $615,317 in the prior year period. Revenues decreased to $4.59M from $4.74M, primarily due to timing changes in insurance fee revenue recognition, partially offset by increased construction revenue.
The company reported a net loss of ($164,867) or ($0.02) per share, compared to net income of $692,159 or $0.09 per share year-over-year. During the quarter, MAAL repurchased 202,185 shares under its 800,000-share repurchase program. The company's balance sheet as of December 31, 2024, showed cash and cash equivalents of $1.9M, working capital of $5.7M, and shareholders' equity of $5.9M.
The Marketing Alliance (OTC: MAAL) has appointed Rachel Wender to its Board of Directors, effective immediately, filling the seat previously held by Edward R. Murray. Wender, currently a Managing Director at TAG Financial Institutions Group, brings extensive experience in financial services and marketing industries.
Wender joined TAG Financial in January 2022 with 13 years of experience in life insurance and related products. Previously, as Executive Vice President of Business Development at Ash Brokerage, she led merger and acquisition activities and strategic financial planning. She holds several professional certifications, including Series 79, CM&AA, and Lean Six Sigma Black Belt.
Board Chairman John P. Dewald Jr. emphasized that Wender's expertise in financial strategy and industry growth will help enhance TMA's market presence and create long-term value for agencies and shareholders.
The Marketing Alliance (OTC: MAAL) reported financial results for Q2 FY2025 ended September 30, 2024. Revenue increased to $4,928,950 from $4,891,830, driven by 10% growth in insurance distribution, offset by construction revenue decline. Operating income from continuing operations was $486,639, down from $591,187. Net income rose to $401,511 ($0.05 per share) from $236,599 ($0.03 per share).
The company announced a share repurchase program for up to 800,000 shares and discontinued dividend payments. As of November 27, approximately 62,000 shares were repurchased. The balance sheet showed $1.4 million in cash, $6.1 million in working capital, and $6.4 million in shareholders' equity as of September 30, 2024.
The Marketing Alliance (OTC: MAAL) has announced a share repurchase program authorizing the buyback of up to 800,000 shares of common stock, effective immediately through September 30, 2025. The Board has simultaneously decided to discontinue dividend payments, marking a significant shift from the company's dividend distribution strategy maintained since 1996. The company cites that its dividend policy was not adequately reflected in the stock price. Recent company developments include filling two leadership positions, introducing a new logo, and integrating new customer-centric technologies. The repurchase program will be executed through private or open market transactions, with timing and purchase details determined by management based on market conditions.
The Marketing Alliance (OTC: MAAL) reported financial results for Q1 fiscal 2025 ended June 30, 2024. Revenues increased 7% to $4,385,543, primarily due to 9% growth in insurance distribution, partially offset by a decrease in construction revenue. Operating income from continuing operations was $48,856, slightly down from $52,191 in the prior year period. The company reported a net loss of $49,853 or ($0.01) per share, compared to a net income of $139,508 or $0.02 per share last year, mainly due to differences in non-operating investment performance.
CEO Timothy M. Klusas noted that while overall results were similar to last year, the company saw increased expenses in insurance distribution as they invested in growth. The construction business saw decreased revenue due to a disciplined approach to job selection. TMA's balance sheet as of June 30, 2024, showed cash and cash equivalents of $2.1 million, working capital of $6.4 million, and shareholders' equity of $5.2 million.
The Marketing Alliance (OTC: MAAL) has announced a quarterly cash dividend of $0.05 per share. This dividend will be paid to shareholders of record on August 9, 2024, with the payment scheduled for August 16, 2024. The declaration of this dividend by the Board of Directors demonstrates the company's commitment to returning value to its shareholders. While the dividend amount provides a tangible benefit to investors, it's important to consider how this payout aligns with the company's overall financial health and growth strategies.
The Marketing Alliance (OTC: MAAL) reported its fiscal 2024 fourth-quarter financial results, highlighting a 9% increase in revenue to $19.59 million, driven by growth in the insurance distribution business.
However, construction revenue decreased, affecting overall financial performance. Operating income from continuing operations fell to $1.10 million from $1.54 million. Net income rose to $1.04 million or $0.13 per share, up from $0.82 million or $0.10 per share the previous year.
The company faced challenges including an adverse carrier mix and staffing cost overruns, but continued cost reduction measures. Investment gains improved to $493,334 from a loss of $304,488, and TMA repaid its line of credit to zero post-quarter end. Cash and cash equivalents were $2.9 million, with working capital of $7.6 million and shareholders’ equity of $6.7 million.
