MarketWise Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	342.21	408.7	448.18	512.4	549.18	364.18
Revenue Growth (YoY)	-19.17%	-8.81%	-12.53%	-6.70%	50.80%	33.78%
Cost of Revenue	45.07	51.19	57.37	63.08	239.5	154.73
Gross Profit	297.14	357.51	390.81	449.33	309.69	209.45
Selling, General & Admin	207.92	251.42	323.77	350.14	1,257	740.82
Research & Development	9.6	9.91	8.83	8.82	7.49	4.77
Operating Expenses	219.96	264.08	336.42	362.04	1,267	748.14
Operating Income	77.18	93.43	54.39	87.28	-957.59	-538.69
Interest Expense	-	-	-	-0.3	-0.11	-
Interest & Investment Income	3.5	5.29	4.9	-	-	0.48
Other Non Operating Income (Expenses)	2.85	2.09	-0.61	15.67	16.18	-2.88
EBT Excluding Unusual Items	83.53	100.81	58.68	102.66	-941.53	-541.09
Asset Writedown	-4.83	-4.45	-2.58	-	-	-
Other Unusual Items	1.25	-	-	-	-10	-
Pretax Income	79.96	96.36	56.1	102.66	-951.53	-541.09
Income Tax Expense	3.49	3.25	1.8	1.49	2.36	-
Earnings From Continuing Operations	76.48	93.11	54.3	101.17	-953.88	-541.09
Minority Interest in Earnings	-70.65	-86.05	-52.51	-83.18	-59.43	2.72
Net Income	5.83	7.06	1.78	17.99	-1,013	-538.37
Preferred Dividends & Other Adjustments	-	-	-	-	-1,032	-
Net Income to Common	5.83	7.06	1.78	17.99	18.25	-538.37
Net Income Growth	15.22%	296.13%	-90.09%	-	-	-
Shares Outstanding (Basic)	2	2	2	1	1	0
Shares Outstanding (Diluted)	2	2	2	1	1	0
Shares Change (YoY)	18.96%	18.30%	34.61%	-1.15%	4468.26%	-7.79%
EPS (Basic)	2.63	3.68	1.12	14.61	14.58	-19647.93
EPS (Diluted)	2.55	3.60	1.00	14.60	14.58	-19647.93
EPS Growth	-0.91%	260.00%	-93.15%	0.13%	-	-
Free Cash Flow	27.47	-22.28	62.36	48.34	63.48	55.59
Free Cash Flow Per Share	11.93	-11.31	37.44	39.07	50.71	2028.58
Dividend Per Share	0.800	0.800	0.600	-	-	-
Dividend Growth	-	33.33%	-	-	-	-
Gross Margin	86.83%	87.48%	87.20%	87.69%	56.39%	57.51%
Operating Margin	22.55%	22.86%	12.13%	17.03%	-174.37%	-147.92%
Profit Margin	1.70%	1.73%	0.40%	3.51%	3.32%	-147.83%
Free Cash Flow Margin	8.03%	-5.45%	13.91%	9.43%	11.56%	15.26%
EBITDA	78.55	95.08	57.47	89.86	-955.33	-536.55
EBITDA Margin	22.95%	23.26%	12.82%	17.54%	-173.95%	-147.33%
D&A For EBITDA	1.37	1.65	3.08	2.58	2.27	2.14
EBIT	77.18	93.43	54.39	87.28	-957.59	-538.69
EBIT Margin	22.55%	22.86%	12.13%	17.03%	-174.37%	-147.92%
Effective Tax Rate	4.36%	3.38%	3.21%	1.45%	-	-
Revenue as Reported	342.21	408.7	448.18	512.4	549.18	364.18
Advertising Expenses	-	29.97	44.27	97.7	144.56	149.19

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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