Marchex Inc

Marchex operates with a strong liquidity position, as evidenced by its cash and equivalents of $12.03 million and a current ratio of 2.49, indicating the company can cover its short-term liabilities more than twice over. The company's price-to-book ratio of 2.06 suggests that the market values its equity at a premium relative to its book value, while the price-to-tangible-book ratio is identical, indicating no significant intangible assets affecting the valuation.

Profitability metrics for Marchex are negative, with a return on equity of -4.16% and a return on assets of -3.18%, both significantly below the industry median for advertising and marketing firms. The company reported a net loss of $1.45 million and an operating loss of $1.31 million, indicating a challenging operating environment.

The company's revenue is concentrated in a few key segments, with the automotive, finance, and insurance sectors being the primary drivers. While the input data does not provide a breakdown of geographic exposure, the company's operations are likely concentrated in the United States, given its primary listing and business focus.

Marchex's growth trajectory is mixed, with a current FY outlook showing a negative operating income and net income. The company's operating cash flow is negative at -$2.48 million, and free cash flow is -$0.98 million, indicating that the company is not generating sufficient cash from operations to fund its activities. The risk assessment indicates low liquidity and dilution risk, with no immediate filing-based flags detected.

Recent events and filings do not show any significant changes in the company's financial or operational status. The company's capital expenditure is minimal at -$4,000, suggesting a conservative approach to capital spending. Analysts have provided a mean price target of $4.00, with a median and high target also at $4.00, indicating a consensus on a potential upside from the current market price of $1.62.

Marchex Inc (MCHX.O) has recorded a notable addition to its shareholder base, marking a fresh entry in its ownership structure. As of March 31, 2026, investor ID 471 acquired 404,806 shares, representing a portfolio weight of approximately 0.000039% and a total value of $0.63 million. This transaction was detected on June 20, 2026, and stands as the primary material signal for the company at this time. This development is particularly significant as it represents the first analysis for this ticker, meaning there is no prior basis for computing delta changes in ownership or performance metrics. Consequently, this new holding establishes a baseline for future monitoring of institutional or significant investor activity within the company. The broader context for Marchex Inc includes a lean executive structure with only one officer and a modest analyst following of five professionals. The company is not currently a member of any major indices, and its top holder count stands at 12, suggesting a relatively concentrated or niche ownership profile compared to larger market peers. While this specific share addition provides a clear data point for recent activity, the absence of cross-source signals or prior material changes limits the immediate interpretive scope. Investors should view this new holding as an initial marker of interest rather than a shift in established trends, given the lack of historical comparative data for this ticker.

Analysts project 123.5% upside to a $4.00 target price, signaling strong potential for share price appreciation.

The company maintains a low debt-to-equity ratio of 0.32, indicating a conservative capital structure with minimal leverage risk.

A current ratio of 2.36 suggests strong short-term liquidity, providing a buffer against immediate financial obligations.

Cash conversion metrics rank above the median for the advertising cohort, indicating relatively efficient working capital management.

Dilution and liquidity risks are assessed as low, reducing immediate threats to shareholder value and operational continuity.

Revenue has declined at a 4.0% CAGR over four years, reflecting a persistent and concerning downward trend in top-line growth.

The company posted a net loss of $5.2 million in FY2026, continuing a five-year streak of negative net income.

Operating and net margins rank in the bottom quartile of the advertising cohort, indicating significant competitive disadvantage.

Revenue $10.8M, −9,0% YoY; Operating income −49,8% YoY.

• ▍Revenue $10.8M, −9,0% YoY
• ▍Operating income −49,8% YoY
• ▍Net income −21,3% YoY
• ▍Free cash flow +10,4% YoY
• ▍Net margin -21.4%

Revenue $11.5M, −8,3% YoY; Operating income −14,1% YoY.

• ▍Revenue $11.5M, −8,3% YoY
• ▍Operating income −14,1% YoY
• ▍Net income −22,7% YoY
• ▍Free cash flow −269,7% YoY
• ▍Net margin -8.9%

Revenue $11.7M, −3,5% YoY; Operating income +25,8% YoY.

• ▍Revenue $11.7M, −3,5% YoY
• ▍Operating income +25,8% YoY
• ▍Net income +111,2% YoY
• ▍Free cash flow +150,0% YoY
• ▍Net margin 0.7%

Revenue $11.4M, −1,5% YoY; Operating income −42,5% YoY.

• ▍Revenue $11.4M, −1,5% YoY
• ▍Operating income −42,5% YoY
• ▍Net income −36,7% YoY
• ▍Free cash flow −93,2% YoY
• ▍Net margin -17.4%

Revenue $11.9M; Operating income -$1.6M.

• ▍Revenue $11.9M
• ▍Operating income -$1.6M
• ▍Net margin -16.0%

Revenue $12.6M; Operating income -$825.0k.

• ▍Revenue $12.6M
• ▍Operating income -$825.0k
• ▍Net margin -6.6%

Revenue $12.1M; Operating income -$722.0k.

• ▍Revenue $12.1M
• ▍Operating income -$722.0k
• ▍Net margin -6.3%

Revenue $11.6M; Operating income -$1.3M.

• ▍Revenue $11.6M
• ▍Operating income -$1.3M
• ▍Net margin -12.5%

Revenue $45.4M, −5,6% YoY; Operating income −28,7% YoY.

• ▍Revenue $45.4M, −5,6% YoY
• ▍Operating income −28,7% YoY
• ▍Net income −5,8% YoY
• ▍Free cash flow −48,0% YoY
• ▍Net margin -11.5%

Revenue $48.1M, −3,6% YoY; Operating income +53,9% YoY.

• ▍Revenue $48.1M, −3,6% YoY
• ▍Operating income +53,9% YoY
• ▍Net income +50,1% YoY
• ▍Free cash flow +63,2% YoY
• ▍Net margin -10.3%

Revenue $49.9M, −4,3% YoY; Operating income −18,3% YoY.

• ▍Revenue $49.9M, −4,3% YoY
• ▍Operating income −18,3% YoY
• ▍Net income −20,2% YoY
• ▍Free cash flow −4,8% YoY
• ▍Net margin -19.9%

Revenue $52.2M, −2,4% YoY; Operating income −23,3% YoY.

• ▍Revenue $52.2M, −2,4% YoY
• ▍Operating income −23,3% YoY
• ▍Net income −87,8% YoY
• ▍Free cash flow −3 190,4% YoY
• ▍Net margin -15.8%