The Marketing Alliance, Inc. Reports Earnings Results for the Fourth Quarter Ended March 31, 2023
July 26, 2023 at 04:15 pm EDT
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The Marketing Alliance, Inc. reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported negative sales was USD 0.004515 million compared to USD 0.025538 million a year ago. Revenue was USD 3.96 million compared to USD 5.76 million a year ago.
Net loss was USD 0.285623 million compared to net income of USD 0.488786 million 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.