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MKTW Q2 2023 Earnings — MarketWise, Inc. Revenue & Financial Results | Market Cap Arena
MKTW
MarketWise, Inc.
$38M
Q2 2023 Earnings
Technology
Software - Application
Income Statement
Revenue
$104M
-19.0% YoY
Gross Profit
$89M
85.9% margin
Operating Income
$9M
8.6% margin
Net Income
$36,000
0.0% 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
$104M
100%
← FY 2023
All Quarters
Q3 2023 →