MKTW Q1 2024 Earnings — MarketWise, Inc. Revenue & Financial Results | Market Cap Arena

MKTWMarketWise, Inc.

$38M

Q1 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$109M-13.7% YoY

Gross Profit

$96M87.7% margin

Operating Income

$22M19.8% margin

Net Income

$2M1.5% margin

EPS (Diluted)

$0.84

QoQ Revenue Growth

-2.8%

Cash Flow

Operating Cash Flow

-$19M

Free Cash Flow

-$19M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$359M

Total Liabilities

$629M

Stockholders' Equity

-$9M

Cash & Equivalents

$131M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$109M	$126M	-13.7%
Gross Profit	$96M	$111M	-13.8%
Operating Income	$22M	$31M	-29.6%
Net Income	$2M	$1M	+13.0%

Revenue Segments

Subscription and Circulation

$108M100%

Advertising

$319,0000%

Geographic Segments

UNITED STATES

$109M100%