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The Marketing Alliance reported a little over a 6% year-on-year decline in fiscal Q2 2026 revenue, mainly due to delays in a major construction project. The slowdown also affected profitability, with net income dropping to USD 263,407 from USD 401,511 a year earlier. Insurance distribution revenue remained steady, but higher costs tied to product mix and ongoing business development efforts affected margins. The company also adjusted its revenue recognition approach for certain reimbursement and marketing revenues. Management expects the deferred construction revenue to move into the next quarter as project delays ease.
The Marketing Alliance posted a slight year-on-year revenue drop of over 6% in fiscal Q2 2026, largely because a major construction project experienced delays. The slowdown pushed back a portion of expected construction revenue and also raised related costs. Net income for the quarter stood at USD 263,407, lower than the USD 401,511 recorded in the same period last year. Advertisement
During the quarter, the company repurchased 166,146 shares and noted that additional buybacks continued after the quarter ended. Insurance distribution revenue stayed flat, though the company's product mix and ongoing investments in business development and call-center operations contributed to higher operating expenses.
The company also updated the way it recognises revenue for reimbursement and marketing activities. The adjustment now reflects the time duration of services, which temporarily affects short-term results but is meant to provide a clearer view of revenue over time.
Management indicated that the construction delays are expected to reduce in the coming quarter, allowing deferred revenue to be recognised. They also expect the ongoing investments in business development and the call center to gradually support future growth.
Key reported metrics showed total revenue at USD 4.67 million for the quarter. Earnings per share came in at USD 0.04.
Source Reuters
5th Jun, 2025
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