MKTW Q2 2024 Earnings — MarketWise, Inc. Revenue & Financial Results | Market Cap Arena

MKTWMarketWise, Inc.

$38M

Q2 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$105M+1.4% YoY

Gross Profit

$92M87.3% margin

Operating Income

$21M20.3% margin

Net Income

$2M1.5% margin

EPS (Diluted)

$0.80

QoQ Revenue Growth

-3.6%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$4M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$315M

Total Liabilities

$579M

Stockholders' Equity

-$24M

Cash & Equivalents

$109M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$105M	$104M	+1.4%
Gross Profit	$92M	$89M	+3.0%
Operating Income	$21M	$9M	+139.2%
Net Income	$2M	$36,000	+4188.9%

Revenue Segments

Subscription and Circulation

$104M100%

Advertising

$358,0000%

Geographic Segments

UNITED STATES

$105M100%