MarketWise, Inc. (MKTW) Financials

$0.56

south_east
-$0.01 (-2.42%)
Day's range
$0.55
Day's range
$0.62

MKTW Income statement / Annual

Last year (2023), MarketWise, Inc.'s total revenue was $448.18 M, a decrease of 12.53% from the previous year. In 2023, MarketWise, Inc.'s net income was $1.78 M. See MarketWise, Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018
Period Ended 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018
Operating Revenue $448.18 M $512.40 M $549.18 M $364.18 M $272.22 M $238.45 M
Cost of Revenue $56.80 M $62.70 M $239.25 M $154.61 M $42.55 M $57.64 M
Gross Profit $391.38 M $449.71 M $309.93 M $209.57 M $229.67 M $180.81 M
Gross Profit Ratio 0.87 0.88 0.56 0.58 0.84 0.76
Research and Development Expenses $8.83 M $8.82 M $7.49 M $4.77 M $3.67 M $2.30 M
General & Administrative Expenses $125.75 M $115.19 M $970.43 M $526.68 M $92.00 M $60.31 M
Selling & Marketing Expenses $198.59 M $235.33 M $296.93 M $214.26 M $106.09 M $97.33 M
Selling, General & Administrative Expenses $324.34 M $350.52 M $1.27 B $740.94 M $198.09 M $157.64 M
Other Expenses $6.40 M $3.09 M $2.68 M $2.55 M $2.33 M $278,000.00
Operating Expenses $339.61 M $362.42 M $1.28 B $748.26 M $204.10 M $162.48 M
Cost And Expenses $396.38 M $425.12 M $1.52 B $902.87 M $246.65 M $220.12 M
Interest Income $4.90 M $295,000.00 $110,000.00 $477,000.00 $1.56 M $67,000.00
Interest Expense $0.00 $295,000.00 $110,000.00 $0.00 $0.00 $0.00
Depreciation & Amortization $3.82 M $5.02 M $4.57 M $5.13 M $2.33 M $2.53 M
EBITDA $58.21 M $89.86 M -$964.92 M -$535.96 M $27.77 M $20.86 M
EBITDA Ratio 0.13 0.18 -1.73 -1.47 0.1 0.09
Operating Income Ratio 0.12 0.17 -1.76 -1.48 0.09 0.08
Total Other Income/Expenses Net $4.29 M $15.38 M $16.07 M -$2.40 M $2.42 M $345,000.00
Income Before Tax $56.10 M $102.66 M -$951.53 M -$541.09 M $27.99 M $18.67 M
Income Before Tax Ratio 0.13 0.2 -1.73 -1.49 0.1 0.08
Income Tax Expense $1.80 M $1.49 M $2.36 M -$3.20 M -$1.52 M $345,000.00
Net Income $1.78 M $101.17 M -$953.88 M -$537.90 M $27.96 M $18.60 M
Net Income Ratio 0 0.2 -1.74 -1.48 0.1 0.08
EPS 0.0562 4.11 -38.1 -981.51 47.04 30.42
EPS Diluted 0.0535 4.09 -38.1 -981.51 47.04 30.42
Weighted Average Shares Out $31.71 M $24.64 M $25.04 M $548,028.00 $594,327.00 $611,547.00
Weighted Average Shares Out Diluted $33.31 M $24.75 M $25.04 M $548,028.00 $594,327.00 $611,547.00
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