MKTW Q3 2024 Earnings — MarketWise, Inc. Revenue & Financial Results | Market Cap Arena

MKTWMarketWise, Inc.

$38M

Q3 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$97M-8.4% YoY

Gross Profit

$84M86.7% margin

Operating Income

$22M22.5% margin

Net Income

$2M1.8% margin

EPS (Diluted)

$0.87

QoQ Revenue Growth

-7.5%

Cash Flow

Operating Cash Flow

-$6M

Free Cash Flow

-$6M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$278M

Total Liabilities

$525M

Stockholders' Equity

-$19M

Cash & Equivalents

$94M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$97M	$106M	-8.4%
Gross Profit	$84M	$92M	-8.7%
Operating Income	$22M	$11M	+98.4%
Net Income	$2M	$140,000	+1128.6%

Revenue Segments

Subscription and Circulation

$97M100%

Advertising

$111,0000%

Geographic Segments

UNITED STATES

$97M100%