Revenue Performance - Revenue decreased by $0.2 million, or 2%, to $11.4 million for the three months ended March 31, 2025, compared to $11.6 million for the same period in 2024[72]. Cost and Expenses - Cost of revenue decreased by $0.2 million, or 5%, to $4.2 million for the three months ended March 31, 2025, representing 37% of revenue compared to 38% in 2024[73]. - Sales and marketing expenses increased by $0.5 million, or 18%, to $3.3 million for the three months ended March 31, 2025, accounting for 29% of revenue compared to 24% in 2024[74]. - Product development expenses decreased by $0.5 million, or 16%, to $2.7 million for the three months ended March 31, 2025, representing 24% of revenue compared to 28% in 2024[75]. - General and administrative expenses increased by $0.8 million, or 35%, to $3.1 million for the three months ended March 31, 2025, making up 27% of revenue compared to 20% in 2024[76]. - Total operating expenses increased to $13.3 million, or 116% of revenue, for the three months ended March 31, 2025, compared to $12.9 million, or 111% of revenue, in 2024[71]. Cash Flow and Financial Position - Cash used in operating activities was $2.6 million during the three months ended March 31, 2025, compared to $2.5 million for the same period in 2024[81]. - Cash and cash equivalents decreased to $10.0 million as of March 31, 2025, down from $12.8 million as of December 31, 2024[80]. - Cash used in investing activities was $0.3 million for the three months ended March 31, 2025, primarily for software development costs for new products[82]. - The company believes its resources will be sufficient to fund operations for at least twelve months, but additional financing may be needed for strategic initiatives[84]. Accounting and Compliance - No significant changes in critical accounting policies and estimates during Q1 2025 compared to the previous year[87]. - The company continues to prepare its financial statements in accordance with U.S. GAAP, focusing on estimates and assumptions that impact reported amounts[86]. - Investors can access financial reports and updates through the company's website and social media channels, ensuring compliance with Regulation Fair Disclosure[89].

Marchex (MCHX) Q1 2025 Earnings Call May 13, 2025 05:00 PM ET Company Participants Trevor Caldwell - Senior Vice President, Strategic Initiatives and Investor RelationsEdwin Miller - Chief Executive OfficerBrian Nagle - SVP - Corporate Controller Operator I'll now hand the call over to Trevor Caldwell, Senior Vice President of Investment Relations and Strategic Initiatives. You may proceed. Trevor Caldwell Thank you, Joel. Good afternoon, everyone, and welcome to Marchex's business update and first quarter ...

Marchex (MCHX) Q1 2025 Earnings Call May 13, 2025 05:00 PM ET Company Participants Trevor Caldwell - Senior Vice President, Strategic Initiatives and Investor RelationsEdwin Miller - Chief Executive OfficerBrian Nagle - SVP - Corporate Controller Operator I'll now hand the call over to Trevor Caldwell, Senior Vice President of Investment Relations and Strategic Initiatives. You may proceed. Trevor Caldwell Thank you, Joel. Good afternoon, everyone, and welcome to Marchex's business update and first quarter ...

Marchex (MCHX) Q1 2025 Earnings Call May 13, 2025 05:00 PM ET Speaker0 I'll now hand the call over to Trevor Caldwell, Senior Vice President of Investment Relations and Strategic Initiatives. You may proceed. Speaker1 Thank you, Joel. Good afternoon, everyone, and welcome to Marchex's business update and first quarter twenty twenty five conference call. Joining us today are Edgar Miller, our CEO Russ Horowitz, our Chairman of the Board and Brian Nagel, our SVP, Corporate Controller. Before we get started, I ...

Exhibit 99.1 Marchex Announces First Quarter 2025 Results and New Share Repurchase Program Showcases Strategic Milestones in Two-Year Transformation to AI-Powered Prescriptive Analytics Leader Edwin Miller, Chief Executive Officer ("CEO"), commented, "2025 first quarter revenue was affected by some seasonal factors and the timing of when we began to benefit from certain new sales, which we believe on a run rate basis will still accrue to the benefit of our overall 2025 financial plan. As part of this, we be ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 000-50658 Marchex, Inc. (Exact name of Registrant as specified in its Charter) | Delaware | 35-2194038 | | --- | --- | ...

Marchex, Inc. (NASDAQ:MCHX) Q4 2024 Results Conference Call March 6, 2025 5:00 PM ET Company Participants Trevor Caldwell - Senior Vice President of Strategic Initiatives and Investor Relations Edwin Miller - Chief Executive Officer Russ Horowitz - Chairman Brian Nagle - SVP, Corporate Controller Conference Call Participants Dillon Heslin - ROTH Capital Partners Operator Good afternoon. Thank you for attending today's Marchex fourth quarter 2024 earnings call. My name is Cole, and I will be the moderator fo ...

Marchex (MCHX) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -50%. A quarter ago, it was expected that this advertising and marketing company would post a loss of $0.01 per share when it actually produced a loss of $0.01, delivering no surprise.Over the last four quarters, the company ...

Exhibit 99.1 Marchex Announces Fourth Quarter and Full Year 2024 Results SEATTLE, WA – March 6, 2025 – Marchex, Inc. (NASDAQ: MCHX), which harnesses the power of artificial intelligence ("AI") and conversational intelligence to drive operational excellence and revenue acceleration, today announced its financial results for the fourth quarter and full year ended December 31, 2024. Q4 2024 and Full Year 2024 Financial Highlights | | | Three Months Ended December 31, | | | Year Ended December 31, | | | | | --- ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 000-50658 Marchex, Inc. (Exact name of Registrant as specified in its charter) Delaware 35-2194038 (State or ...