The Marketing Alliance Announces Financial Results for Quarter Ended June 30, 2024
MARKETING ALLIANCE INC (MAAL)
NASDAQ:AMEX Investor Relations:
themarketingalliance.com/shareholder-information/investor-contact-inquiry
Company Research
Source: Business Wire
ST. LOUIS, Mo.--(BUSINESS WIRE)--The Marketing Alliance, Inc. (OTC: MAAL) (“TMA” or the “Company”), announced its financial results today for its fiscal 2025 first quarter ended June 30, 2024.Fiscal Q1 2025 Financial Key Items (all comparisons to the prior year period)Revenues were $4,385,543 compared to $4,109,746. The 7% increase was primarily due to 9% growth in the insurance distribution business that was partially offset by a decrease in construction revenueOperating income from continuing operations of $48,856 compared to $52,191 in the prior year periodNet income (loss) was ($49,853) or ($0.01) per share compared to $139,508 or $.02 per share in the prior year period, with the difference primarily in non-operating investment gain (loss), net from the prior year periodManagement CommentsTimothy M. Klusas, TMA’s Chief Executive Officer, commented, “While our fiscal first quarter 2025 results, as measured by operating income, were similar to our results in the same quarter las
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