MarketWise, Inc. (MKTW)

MarketWise Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	430.94	448.18	512.4	549.18	364.18	272.22
Revenue Growth (YoY)	-14.13%	-12.53%	-6.70%	50.80%	33.78%	14.16%
Cost of Revenue	54.88	56.8	62.7	239.25	154.61	42.55
Gross Profit	376.06	391.38	449.71	309.93	209.57	229.67
Selling, General & Admin	318.11	323.77	350.14	1,257	740.82	197.76
Research & Development	8.52	8.83	8.82	7.49	4.77	3.67
Other Operating Expenses	6.68	6.98	3.47	12.92	2.68	2.67
Operating Expenses	333.31	339.58	362.42	1,278	748.26	204.1
Operating Income	42.75	51.81	87.28	-967.59	-538.69	25.57
Interest Expense / Income	-4.37	-4.9	0.3	0.11	-0.48	-1.56
Other Expense / Income	43.54	53.12	67.51	43.25	0.16	-0.83
Pretax Income	3.58	3.59	19.48	-1,010.95	-538.37	27.96
Income Tax	1.61	1.8	1.49	2.36	0	0
Net Income	1.97	1.78	17.99	-1,013.31	-538.37	27.96
Net Income Growth	-85.53%	-90.09%	-	-	-	50.30%
Shares Outstanding (Basic)	37	32	25	25	25	25
Shares Outstanding (Diluted)	39	33	25	25	25	25
Shares Change	29.32%	34.61%	-1.15%	-	-	-
EPS (Basic)	0.06	0.06	0.73	0.73	0.73	0.73
EPS (Diluted)	0.04	0.05	0.73	0.73	0.73	0.73
EPS Growth	-92.73%	-93.15%	0%	0%	0%	-97.60%
Free Cash Flow	38.47	60.7	48.2	63.35	55.59	53.27
Free Cash Flow Per Share	1.05	1.91	1.96	2.53	2.22	2.13
Dividend Per Share	0.180	0.180	-	-	-	-
Gross Margin	87.27%	87.33%	87.76%	56.44%	57.55%	84.37%
Operating Margin	9.92%	11.56%	17.03%	-176.19%	-147.92%	9.39%
Profit Margin	0.46%	0.40%	3.51%	-184.51%	-147.83%	10.27%
Free Cash Flow Margin	8.93%	13.54%	9.41%	11.54%	15.26%	19.57%
Effective Tax Rate	44.95%	50.29%	7.65%	-	-	-
EBITDA	4.87	4.64	24.79	-1,006.27	-533.72	31.84
EBITDA Margin	1.13%	1.03%	4.84%	-183.23%	-146.55%	11.69%
Depreciation & Amortization	5.65	5.96	5.02	4.57	5.13	5.44
EBIT	-0.78	-1.32	19.78	-1,010.84	-538.85	26.4
EBIT Margin	-0.18%	-0.29%	3.86%	-184.06%	-147.96%	9.70%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).