MarketWise, Inc. (MKTW)

MarketWise Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	358.12	408.7	448.18	512.4	549.18	364.18
Revenue Growth (YoY)	-17.17%	-8.81%	-12.53%	-6.70%	50.80%	33.78%
Cost of Revenue	46.8	50.66	56.8	62.7	239.25	154.61
Gross Profit	311.32	358.04	391.38	449.71	309.93	209.57
Selling, General & Admin	216.31	251.94	324.34	350.52	1,267	740.94
Depreciation & Amortization Expenses	2.42	2.75	3.82	3.09	2.68	2.55
Research & Development	10.08	9.91	8.83	8.82	7.49	4.77
Other Operating Expenses	4.83	4.45	2.58	-	-	-
Total Operating Expenses	233.63	269.05	339.58	362.42	1,278	748.26
Operating Income	77.69	88.99	51.81	87.28	-967.59	-538.69
Interest Income	4	5.29	4.9	-0.3	-0.11	0.48
Other Non-Operating Income (Expense)	3.01	2.09	-0.61	15.67	16.18	-2.88
Total Non-Operating Income (Expense)	7.01	7.37	4.29	15.38	16.07	-2.4
Pretax Income	84.7	96.36	56.1	102.66	-951.53	-541.09
Provision for Income Taxes	3.39	3.25	1.8	1.49	2.36	-
Net Income	6.05	7.06	1.78	17.99	-1,013	-538.37
Minority Interest in Earnings	75.26	86.05	52.51	83.18	59.43	-2.72
Net Income to Common	6.05	7.06	1.78	17.99	-1,013	-538.37
Net Income Growth	73.71%	296.13%	-90.09%	-	-	-
Shares Outstanding (Basic)	7	2	2	1	-	1
Shares Outstanding (Diluted)	7	2	2	1	-	1
Shares Change (YoY)	266.21%	18.44%	25.74%	-	-	-
EPS (Basic)	2.87	3.60	1.20	14.60	-	0.20
EPS (Diluted)	2.89	3.60	1.00	14.60	-	0.20
EPS Growth	75.15%	260.00%	-93.15%	-	-	-
Free Cash Flow	19.73	-22.15	62.43	48.37	63.63	55.88
Free Cash Flow Growth	-	-	29.05%	-23.98%	13.88%	3.09%
Free Cash Flow Per Share	2.86	-10.92	36.44	35.50	-	39.62
Dividends Per Share	0.800	0.800	0.600	-	-	-
Dividend Growth	-	33.33%	-	-	-	-
Gross Margin	86.93%	87.60%	87.33%	87.76%	56.44%	57.55%
Operating Margin	21.69%	21.77%	11.56%	17.03%	-176.19%	-147.92%
Profit Margin	22.70%	22.78%	12.11%	19.74%	-173.69%	-148.58%
FCF Margin	5.51%	-5.42%	13.93%	9.44%	11.59%	15.34%
EBITDA	80.11	91.74	55.63	90.37	-964.92	-536.14
EBITDA Margin	22.37%	22.45%	12.41%	17.64%	-175.70%	-147.22%
EBIT	77.69	88.99	51.81	87.28	-967.59	-538.69
EBIT Margin	21.69%	21.77%	11.56%	17.03%	-176.19%	-147.92%
Effective Tax Rate	4.00%	3.38%	3.21%	1.45%	-0.25%	0.00%

Updated Aug 7, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q