Financial Snapshot

Revenue
$423.4M
TTM
Gross Margin
87.52%
TTM
Net Earnings
$5.060M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
60.74%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
-$247.1M
Q3 2024
Cash
Q3 2024
P/E
32.09
Nov 29, 2024 EST
Free Cash Flow
-$10.67M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $448.2M $512.4M $549.2M $364.2M $272.2M $238.4M
YoY Change -12.53% -6.7% 50.8% 33.78% 14.16%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018
Revenue $448.2M $512.4M $549.2M $364.2M $272.2M $238.4M
Cost Of Revenue $56.80M $62.70M $239.3M $154.6M $42.55M $57.64M
Gross Profit $391.4M $449.7M $309.9M $209.6M $229.7M $180.8M
Gross Profit Margin 87.33% 87.76% 56.44% 57.55% 84.37% 75.83%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018
Selling, General & Admin $323.8M $350.1M $1.257B $740.8M $197.8M $155.5M
YoY Change -7.53% -72.15% 69.69% 274.6% 27.14%
% of Gross Profit 82.72% 77.86% 405.61% 353.49% 86.11% 86.03%
Research & Development $8.831M $8.817M $7.487M $4.770M $3.672M $2.303M
YoY Change 0.16% 17.76% 56.96% 29.9% 59.44%
% of Gross Profit 2.26% 1.96% 2.42% 2.28% 1.6% 1.27%
Depreciation & Amortization $3.821M $3.091M $2.676M $2.553M $2.334M $2.534M
YoY Change 23.62% 15.51% 4.82% 9.38% -7.89%
% of Gross Profit 0.98% 0.69% 0.86% 1.22% 1.02% 1.4%
Operating Expenses $332.6M $359.0M $1.265B $745.6M $201.4M $162.5M
YoY Change -7.34% -71.62% 69.61% 270.14% 23.98%
Operating Profit $51.81M $87.28M -$967.6M -$538.7M $25.57M $18.33M
YoY Change -40.65% -109.02% 79.62% -2206.72% 39.53%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018
Interest Expense $4.904M -$295.0K -$110.0K $477.0K $1.558M $67.00K
YoY Change -1762.37% 168.18% -123.06% -69.38% 2225.37%
% of Operating Profit 9.47% -0.34% 6.09% 0.37%
Other Income/Expense, Net -$611.0K $15.67M $16.18M -$2.879M $865.0K $278.0K
YoY Change -103.9% -3.13% -661.93% -432.83% 211.15%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018
Pretax Income $56.10M $102.7M -$951.5M -$541.1M $27.99M $18.67M
YoY Change -45.36% -110.79% 75.85% -2032.95% 49.93%
Income Tax $1.803M $1.490M $2.358M $0.00 $0.00
% Of Pretax Income 3.21% 1.45% 0.0%
Net Earnings $1.782M $17.99M -$1.013B -$538.4M $27.96M $18.60M
YoY Change -90.09% -101.78% 88.22% -2025.72% 50.3%
Net Earnings / Revenue 0.4% 3.51% -184.51% -147.83% 10.27% 7.8%
Basic Earnings Per Share $0.06 $0.73
Diluted Earnings Per Share $0.05 $0.73 -$3.209M -$1.702M $88.40K $58.82K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $155.2M $158.6M $139.1M $114.4M $170.5M
YoY Change -2.14% 14.02% 21.55% -32.9%
Cash & Equivalents $155.2M $158.6M $139.1M $114.4M $170.5M
Short-Term Investments
Other Short-Term Assets $103.0M $115.0M $98.71M $52.94M $27.05M
YoY Change -10.51% 16.55% 86.45% 95.74%
Inventory
Prepaid Expenses
Receivables $4.528M $4.040M $7.805M $12.40M $7.332M
Other Receivables $5.182M $1.512M $794.0K $874.0K $800.0K
Total Short-Term Assets $267.8M $279.2M $246.4M $180.6M $205.7M
YoY Change -4.06% 13.31% 36.4% -12.18%
Property, Plant & Equipment $8.021M $10.36M $12.09M $13.75M $16.08M
YoY Change -22.58% -14.3% -12.11% -14.47%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $83.40M $105.6M $130.3M $65.89M $23.66M
YoY Change -21.04% -18.95% 97.76% 178.47%
Total Long-Term Assets $128.7M $163.3M $175.2M $104.2M $70.51M
YoY Change -21.2% -6.75% 68.14% 47.76%
Total Assets $396.6M $442.5M $421.6M $284.8M $276.2M
YoY Change
Accounts Payable $559.0K $686.0K $4.758M $11.97M $4.979M
YoY Change -18.51% -85.58% -60.25% 140.39%
Accrued Expenses $56.49M $47.46M $47.73M $33.21M $35.61M
YoY Change 19.02% -0.56% 43.71% -6.74%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $4.256M
YoY Change -100.0%
Total Short-Term Liabilities $373.9M $385.5M $395.5M $345.5M $254.4M
YoY Change -3.01% -2.53% 14.46% 35.81%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $1.134M
YoY Change -100.0%
Other Long-Term Liabilities $311.6M $355.4M $431.3M $859.9M $288.7M
YoY Change -12.32% -17.61% -49.84% 197.84%
Total Long-Term Liabilities $311.6M $355.4M $431.3M $859.9M $289.8M
YoY Change -12.32% -17.61% -49.84% 196.68%
Total Liabilities $407.6M $463.7M $470.1M $1.200B $538.5M
YoY Change -12.09% -1.36% -60.81% 122.76%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 31.71M shares 24.64M shares
Diluted Shares Outstanding 33.31M shares 24.75M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $162.39 Million

About MARKETWISE, INC.

MarketWise, Inc. develops and operates a multi-brand digital subscription services platform. The company is headquartered in New York City, New York and currently employs 581 full-time employees. The company went IPO on 2020-09-14. The firm provides its subscribers with the research, education, and tools that they need to navigate the financial markets. The company offers a portfolio of independent investment research as well as software and analytical tools on a subscription basis. The company also offers a suite of investment research products and solutions. The firm is offering its research across a variety of platforms, including desktop, laptop, and mobile devices, such as tablets and mobile phones. The company also developed various software applications that provide customers with algorithmic tools to search for trading ideas and manage portfolio risk. The firm offers over 37 free and 135 paid products on multiple platforms through its 11 primary customer-facing brands. The company has an engaged subscriber base of approximately 737 thousand paid subscribers.

Industry: Services-Prepackaged Software Peers: Bakkt Holdings, Inc. Cboe Global Markets, Inc. Donnelley Financial Solutions, Inc. GLOBAL TECH INDUSTRIES GROUP, INC. MARKETAXESS HOLDINGS INC S&P Global Inc. Open Lending Corp Morningstar, Inc. VALUE LINE INC