MKTW Q2 2023 Earnings — MarketWise, Inc. Revenue & Financial Results | Market Cap Arena

MKTWMarketWise, Inc.

$38M

Q2 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$104M-19.0% YoY

Gross Profit

$89M85.9% margin

Operating Income

$9M8.6% margin

Net Income

$36,0000.0% margin

EPS (Diluted)

$0.02

QoQ Revenue Growth

-17.9%

Cash Flow

Operating Cash Flow

$29M

Free Cash Flow

$29M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$446M

Total Liabilities

$703M

Stockholders' Equity

-$14M

Cash & Equivalents

$187M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$104M	$128M	-19.0%
Gross Profit	$89M	$112M	-20.4%
Operating Income	$9M	$23M	-61.8%
Net Income	$36,000	$12M	-99.7%

Geographic Segments

UNITED STATES

$104M100%