MKTW Q3 2023 Earnings — MarketWise, Inc. Revenue & Financial Results | Market Cap Arena

MKTWMarketWise, Inc.

$38M

Q3 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$106M-11.5% YoY

Gross Profit

$92M87.0% margin

Operating Income

$11M10.4% margin

Net Income

$140,0000.1% margin

EPS (Diluted)

$0.08

QoQ Revenue Growth

+2.4%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$12M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$452M

Total Liabilities

$699M

Stockholders' Equity

-$13M

Cash & Equivalents

$194M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$106M	$120M	-11.5%
Gross Profit	$92M	$105M	-12.4%
Operating Income	$11M	$22M	-49.2%
Net Income	$140,000	-$4M	+103.5%

Revenue Segments

Subscription and Circulation

$106M100%

Advertising

$192,0000%

Geographic Segments

UNITED STATES

$106M100%