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MCHX

Marchex, Inc.

MCHX

Marchex, Inc. • NASDAQ
$1.63 ▲ 2.23% (+0.04)
Market Cap $71.37 M
52w High $2.40
52w Low $1.26
Dividend Yield 0%
P/E -14.78
Volume 1.43K
Outstanding Shares 43.91M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $11.514M ▼ $8.209M ▲ $-1.02M ▼ -8.859% ▼ $0.043 ▲ $-743K ▼
Q2-2025 $11.655M ▲ $8.133M ▼ $85K ▲ 0.729% ▲ $0.002 ▲ $708K ▲
Q1-2025 $11.402M ▼ $9.084M ▼ $-1.982M ▼ -17.383% ▼ $-0.046 ▼ $-1.493M ▼
Q4-2024 $11.922M ▼ $9.127M ▼ $-1.91M ▼ -16.021% ▼ $-0.044 ▼ $-813K ▼
Q3-2024 $12.553M $9.154M $-831K -6.62% $-0.019 $-244K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $10.321M ▼ $41.145M ▼ $9.203M ▼ $31.942M ▼
Q2-2025 $10.491M ▲ $41.984M ▲ $9.941M ▲ $32.043M ▲
Q1-2025 $10.02M ▼ $40.633M ▼ $9.259M ▼ $31.374M ▼
Q4-2024 $12.767M ▲ $43.2M ▼ $10.567M ▲ $32.633M ▼
Q3-2024 $12.078M $44.075M $9.96M $34.115M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-1.021M ▼ $290K ▼ $-350K ▼ $-110K ▼ $-170K ▼ $897K ▲
Q2-2025 $85K ▲ $803K ▲ $-253K ▲ $-79K ▼ $471K ▲ $454K ▲
Q1-2025 $-1.982M ▼ $-2.622M ▼ $-289K ▼ $164K ▲ $-2.747M ▼ $-2.911M ▼
Q4-2024 $-1.91M ▼ $875K ▲ $-165K ▲ $-21K ▲ $689K ▲ $710K ▲
Q3-2024 $-831K $382K $-183K $-98K $101K $199K

Revenue by Products

Product Q4-2019Q1-2020Q2-2020Q3-2020
Advertising
Advertising
 $20.00M ▲$20.00M ▲$30.00M ▲$30.00M ▲
Service Other
Service Other
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has been fairly flat over the last several years, with no clear growth trend yet. The company consistently generates a reasonable level of gross profit from that revenue, suggesting the core service has some economic value, but overhead and other operating costs have kept results near or below break-even. Losses have been shrinking over time, moving the business closer to operating and net income breakeven, but earnings per share remain negative. Overall, the story is one of a small business working its way from steady but modest sales toward sustainable profitability, but not there yet.

Balance Sheet

Balance Sheet The balance sheet shows a small company with a modest asset base and a slim, but positive, equity cushion. Cash has trended down from earlier years, which reduces financial flexibility, but there is essentially no debt, which also lowers financial risk. Equity has edged down with ongoing losses, but not dramatically. In simple terms, Marchex looks conservatively financed, with limited leverage but also limited resources, so its ability to absorb future setbacks is not unlimited.

Cash Flow

Cash Flow Cash generation has hovered around breakeven, with operating cash flow fluctuating between slightly positive and slightly negative. Free cash flow has at times been modestly negative, reflecting that the business has not consistently produced excess cash after basic needs. Capital spending has been very light, which fits a software and data-focused business but also means growth investment is primarily through people, technology, and possibly acquisitions rather than large physical assets. The cash flow profile points to a company that is self-sustaining at a small scale but does not yet throw off substantial surplus cash.

Competitive Edge

Competitive Edge Marchex operates in a narrow but growing niche: using artificial intelligence to interpret customer conversations for businesses. Its edge comes from years of specialization in call and text analytics, a focus on first-party data, and solutions customized to specific industries like automotive, healthcare, and home services. Patented technologies, deep integrations with marketing and analytics tools, and benchmarking features add further differentiation. At the same time, the broader conversational AI and analytics space is crowded and fast-moving, with many well-funded competitors, so maintaining this edge will depend on execution, product quality, and the ability to show clear business value to customers.

Innovation and R&D

Innovation and R&D Innovation is clearly a core theme for Marchex. The company has evolved from simple call tracking into more advanced conversational intelligence, backed by proprietary machine learning and a growing library of customer interaction data. It offers a range of AI-driven products, including marketing attribution tools, business texting solutions, and industry-specific analytics. The acquisition of Archenia and the launch of a new AI platform show a desire to deepen capabilities and refresh the product lineup. The main question is less about whether the company can build new tools, and more about whether it can scale adoption, convert innovation into durable revenue growth, and keep pace with rapid advances in AI from larger rivals.

Summary

Marchex is a small, specialized player in conversational intelligence, with stable but modest revenue, improving but still negative profitability, and a conservative balance sheet with little debt but limited cash. Its technology and patents, focus on first-party data, and vertical-specific solutions give it a differentiated position in a niche of the advertising and customer analytics market. Recent moves—such as acquiring Archenia and launching a new AI platform—underline a strategy centered on innovation and deeper AI capabilities. The key uncertainties revolve around its ability to reignite meaningful top-line growth, convert product strengths into consistent profits and cash flow, and compete effectively in a crowded, fast-evolving AI and marketing technology landscape.

NEWS

November 17, 2025 · 8:14 AM UTC

MCHX Stock Alert: Halper Sadeh LLC is Investigating Whether the Merger of Marchex, Inc. is Fair to Shareholders

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November 13, 2025 · 4:15 PM UTC

Marchex Announces Third Quarter 2025 Results and Agreement in Principle to Acquire Archenia

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November 6, 2025 · 4:15 PM UTC

Marchex to Report Third Quarter 2025 Financial Results on Thursday, November 13, 2025

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October 20, 2025 · 9:00 AM UTC

Marchex Launches New AI-Powered Solution to Empower Senior Living Organizations to Boost Occupancy Rates, Increase Return on Ad Spend, and Improve Customer Journeys

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October 1, 2025 · 9:00 AM UTC

Marchex Launches Industry Benchmarking to Help Businesses Prioritize Key Performance Indicators

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