Saturday 17 October 2026 Export MCHX’s income statement to Excel — free account

Marchex, Inc.

MCHX Communication Services Advertising Agencies

Marchex, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $45.4 million, down 5.61% from fiscal 2024. In the quarter to June 2026, revenue fell 5.60%, EPS fell 626.3% and free cash flow fell 329.3%, each against the same quarter a year earlier.

1.25 0.03 +2.46%

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Market cap: $54.1M
P/E: 0.0×
Fwd P/E: −39.5×
Dividend yield: —
F-score: 3/9
Altman Z: −6.14
Beneish M: −2.94
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 18.22%

Capital & Financial Ratios $m

Market Cap 54.09

Revenue 43.98

Net Income (5.47)

Free Cash Flow (2.27)

Net Debt (8.15)

Current Ratio 2.29

Debt/Equity 0.00

P/E ratio 0.00

Fwd P/E (39.50)

P/S ratio 1.26

P/B ratio 1.91

Past 5Y EPS Growth —

This Y EPS Growth 166.67%

Next Y EPS Growth 300.00%

Next Y revenue growth 17.70%

Next 5Y EPS Growth 44.97%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 26.47%

10-year low 10-year high

P/B against its own 10 years 59.49%

10-year low 10-year high

EV/Sales against its own 10 years 50.57%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2017	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	15	13	10	8
Receivables	7	7	7	7
Inventory	—	—	—	—
Other	—	2	1	1
	24	22	19	17

	2023	2024	2025	Q'26
Payables	2	1	3	3
ST’ Debt	—	—	—	—
Other	—	—	—	—
	10	9	8	8

Compound Annual Growth %

	10y	5y	3y
Sales	(10.84%)	(2.37%)	(4.51%)
Cash Flow	0.00%	0.00%	0.00%
Earnings	0.00%	0.00%	0.00%
Book Value	(16.72%)	(10.60%)	(11.98%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	11	11	—	—	—
’25	11	12	12	11	45
’24	12	12	13	12	48
’23	12	13	13	12	50
’22	13	14	13	12	52
’21	13	14	14	13	53
’20	12	13	14	13	51

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(1)	(1)	—	—	—
’25	(3)	1	0	0	(1)
’24	(2)	0	0	1	(1)
’23	(4)	(1)	0	2	(4)
’22	(1)	1	(1)	(1)	(2)
’21	(6)	0	0	(1)	(6)
’20	(2)	2	(2)	(1)	(3)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(1)	(1)	—	—	—
’25	(3)	0	0	0	(3)
’24	(2)	0	0	1	(2)
’23	(5)	(2)	0	1	(6)
’22	(3)	0	(1)	(1)	(5)
’21	(6)	0	0	(1)	(8)
’20	(2)	1	(2)	(1)	(5)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.04)	(0.01)	—	—	—
’25	(0.05)	0.00	(0.02)	(0.05)	(0.12)
’24	(0.03)	(0.02)	(0.02)	(0.04)	(0.11)
’23	(0.11)	(0.06)	(0.04)	(0.02)	(0.23)
’22	(0.04)	(0.03)	(0.04)	(0.08)	(0.19)
’21	(0.12)	(0.01)	0.07	(0.04)	(0.10)
’20	(0.53)	(0.09)	(0.08)	(0.12)	(0.83)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	2.46	2.50	2.47	2.61	1.10	1.99	1.23	1.22	1.11	1.26	Analyst estimates 2026–2028 Powerpack
	High	4.68	3.75	3.67	5.57	4.05	3.67	2.66	2.21	2.40	2.31
People
People	Employees	291	225	254	291	245	187	193	164	163	139
	Revenue/emp, $m	0.45	0.40	0.34	0.19	0.21	0.29	0.27	0.30	0.30	0.33
Income, $m
Income, $m	Revenue	130	90	85	54	51	53	52	50	48	45
	Gross margin, %	40.59	45.36	43.93	66.96	59.22	59.43	60.78	58.76	64.32	63.20
	EBT	(84)	(6)	(3)	(13)	(44)	(4)	(8)	(10)	(5)	(5)
	EBT margin, %	(64.85)	(6.70)	(3.32)	(24.24)	(85.78)	(7.78)	(15.45)	(19.67)	(9.49)	(11.35)
	Net income	(84)	(6)	(3)	(4)	(38)	(4)	(8)	(10)	(5)	(5)
	Depreciation	66	3	3	8	27	6	4	4	3	3
Per share, $
Per share, $	Revenue	3.10	2.11	2.01	1.20	1.11	1.22	1.21	1.17	1.12	1.04
	Earnings	(2.01)	(0.16)	(0.06)	(0.09)	(0.83)	(0.10)	(0.19)	(0.23)	(0.11)	(0.12)
	Cash flow	(0.09)	0.04	0.12	0.11	(0.07)	(0.14)	(0.05)	(0.10)	(0.03)	(0.03)
	Capex	(0.03)	(0.04)	(0.05)	(0.04)	(0.03)	(0.03)	(0.07)	(0.03)	(0.01)	(0.03)
	Free cash flow	(0.12)	0.00	0.07	0.08	(0.10)	(0.18)	(0.12)	(0.13)	(0.04)	(0.06)
	Book value	2.71	2.11	2.24	2.20	1.14	1.17	1.02	0.84	0.76	0.69
	Shares, m	42	43	42	45	46	44	43	43	43	44
Valuation, ×
Valuation, ×	P/E	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	P/S	0.88	1.53	1.33	1.91	1.69	2.04	1.43	1.12	1.57	1.60
	P/B	1.01	1.54	1.20	1.74	1.64	2.11	1.69	1.56	2.31	2.42
	EV/Sales	0.08	0.38	0.80	1.53	1.19	1.65	1.14	0.94	1.41	1.50
	EV/FCF	(2.04)	297.39	24.23	40.78	(12.85)	(11.49)	(11.51)	(8.19)	(44.29)	(24.96)
Cash, $m
Cash, $m	Operating cash flow	(4)	2	5	5	(3)	(6)	(2)	(4)	(1)	(1)
	Capex	(1)	(2)	(2)	(2)	(1)	(1)	(3)	(1)	0	(1)
	Free cash flow	(5)	0	3	3	(5)	(8)	(5)	(6)	(2)	(3)
Balance, $m
Balance, $m	Working capital	110	88	49	45	21	25	19	14	13	11
	Total debt	—	—	—	7	8	1	0	0	—	—
	Net debt	(104)	(104)	(45)	(35)	(26)	(26)	(20)	(14)	(13)	(10)
	Shareholders’ equity	113	90	95	100	53	52	44	36	33	30
Returns, %
Returns, %	ROA	(50.45)	(5.11)	(2.26)	(3.40)	(38.17)	(6.15)	(13.45)	(19.01)	(10.91)	(12.63)
	ROIC	(562.55)	0.00	(4.88)	(13.37)	(101.62)	(28.49)	(21.20)	(27.79)	(13.99)	(17.76)
	ROE	(55.91)	(6.34)	(2.89)	(4.15)	(50.41)	(8.43)	(17.25)	(24.78)	(14.44)	(16.69)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
NCMI National CineMedia, Inc.	$211.7M	— (loss-making)	— (loss-making)	+12.74% (above 0%: growing)	n/m	+60.61% (above 0%: growing)	29.28%	(21.92%)	Compare
FLNT FLUENT, INC.	$84.1M	— (loss-making)	— (loss-making)	+8.37% (above 0%: growing)	n/m	−835.54% (below 0%: shrinking)	28.91%	(10.22%)	Compare
TSQ Townsquare Media, Inc.	$70.9M	— (loss-making)	13.5×	−0.08% (below 0%: shrinking)	n/m	−97.71% (below 0%: shrinking)	26.74%	(10.66%)	Compare
STFS Star Fashion Culture Holdings Limited	$59.4M	—	—	—	—	—	—	—	Compare
MCHX Marchex, Inc.	$54.1M	— (loss-making)	— (loss-making)	−5.60% (below 0%: shrinking)	n/m	−329.30% (below 0%: shrinking)	61.02%	(3.14%)
SWAG Stran & Company, Inc.	$26.1M	— (loss-making)	—	+2.40% (above 0%: growing)	−33.33% (below 0%: shrinking)	−94.36% (below 0%: shrinking)	30.04%	0.26%	Compare
MF MindForge Inc.	$19.7M	—	—	—	—	−235.57% (below 0%: shrinking)	1.20%	(2.14%)	Compare
ACCS ACCESS Newswire Inc.	$17.8M	— (loss-making)	— (loss-making)	−0.05% (below 0%: shrinking)	n/m	−62.96% (below 0%: shrinking)	73.19%	(5.46%)	Compare
DLPN Dolphin Digital Media Inc.	$13.0M	— (loss-making)	— (loss-making)	+2.52% (above 0%: growing)	n/m	−110.78% (below 0%: shrinking)	92.88%	(7.14%)	Compare
Median of peers	$42.8M	—	—	+2.46%	—	−97.71%	29.28%	(7.14%)

All 42 Advertising Agencies stocks →

Marchex, Inc. (MCHX) key facts

Concern: Marchex, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $45.4 million, down 5.61% from fiscal 2024.
Marchex, Inc. (MCHX) is an Advertising Agencies company in the Communication Services sector, listed on Nasdaq.
As of October 16, 2026, MCHX traded at $1.25, a market capitalization of $54.1 million.
Return on equity was −16.7% and debt-to-equity 0.00.
Its Piotroski F-score is 3 out of 9 and its Altman Z-score is −6.14 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.