The Marketing Alliance, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2021
April 04, 2022 at 09:00 am EDT
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The Marketing Alliance, Inc. reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was USD 0.349101 million compared to USD 0.757299 million a year ago. Revenue was USD 5.69 million compared to USD 8.05 million a year ago. Net income was USD 1.08 million compared to USD 0.462708 million a year ago. Basic earnings per share was USD 0.13 compared to USD 0.06 a year ago.
For the nine months, sales was USD 1.06 million compared to USD 1.93 million a year ago. Revenue was USD 17.93 million compared to USD 23.81 million a year ago. Net income was USD 2.19 million compared to USD 1.35 million a year ago. Basic earnings per share was USD 0.27 compared to USD 0.17 a year ago.
Marketing Alliance, Inc. is a consortium of independent life insurance general agents located throughout the United States. The Company provides the benefits of pooled production and resources, including access to carriers and services. The Company, through a subsidiary, provides construction, heavy equipment and trenching services in Iowa. Its business includes life insurance, annuity and long-term care insurance. It provides its members with a comprehensive multi-level approach to their annuity business. It offers Individual Long Term Care Insurance, Group Long Term Care, Linked Benefit Products (Linked to Life Insurance or an Annuity), Underwriting Guidelines, Marketing Materials and others. It has built a disability insurance portfolio of products to serve the clients of its distributorsâ brokers. It also offers Mutual of Omaha Medicare Supplement products. Its subsidiaries include TMA Marketing, Inc., TMA Realty, Inc., TMA Play Pines, Inc., TMA Play Gastonia, Inc. and others.
THE MARKETING ALLIANCE, INC. 
