MarketWise

MarketWise, Inc. develops and operates a multi-brand digital subscription services platform. It is a subscription services platform that provides independent financial research, analytical tools, and software primarily to retail investors across digital channels. The company was founded in 1999 and is headquartered in Baltimore, MD.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

MarketWise reports revenue decline but focuses on cost-saving and growth

MarketWise's Q4 2022 performance reflects a decline in revenue but significant cost-saving initiatives and margin improvement. The company is addressing challenges in subscriber engagement and conversion rates while focusing on enhancing marketing efficiency and delivering high-quality research. MarketWise remains open to strategic transactions and M&A deals to drive growth and capitalize on opportunities.
Despite facing obstacles such as limited marketing spend and difficulties in upselling high-value subscribers, MarketWise is leveraging strengths in cost-saving initiatives, technology integration, and a commitment to customer experience. The company's emphasis on recurring revenue, stable churn rates, and technology-driven offerings positions it well for sustainable growth and resilience in a challenging economic environment.

MarketWise reports resilient Q1 performance, eyes M&A opportunities

MarketWise navigated Q1 2023 with resilience, focusing on profitability, subscriber engagement, and operational efficiency amidst market challenges
Key strengths in financial publishing, scalability, and customer relationships position the company well for sustainable growth and value creation
Challenges in market factors, acquisition, and cost management require strategic responses to drive future performance and competitiveness

MarketWise reports revenue decline but optimistic about growth opportunities

MarketWise's Q2 2023 performance reflected revenue decline but improved cash flow and cost management.
The company's focus on new subscriptions, cost reduction, and market engagement is driving positive trends.
While facing challenges in revenue recognition and investor adoption, MarketWise sees growth opportunities in M&A and marketing.

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BALTIMORE, April 25, 2022 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise”), a leading multi-brand digital subscription services platform that provides premium financial research, software, education, and tools for self-directed investors, today announced that its first quarter 2022 financial results will be released before the market opens on Monday, May 9, 2022. The Company will host a conference call at 11:00 a.m. Eastern Time on that same day to discuss the financial results.

MarketWise Announces First Quarter 2022 Financial Results Release Date and Conference Call

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MarketWise, Inc. (MKTW) CEO Mark Arnold on Q4 2021 Results - Earnings Call Transcript

~ 2021 Revenue Increase of 50.8% Year-Over-Year to $549 Million ~

MarketWise Reports Fourth Quarter and Full Year 2021 Financial Results

BALTIMORE, Maryland, Feb. 24, 2022 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise”), a leading multi-brand digital subscription services platform that provides premium financial research, software, education, and tools for self-directed investors, today announced that its fourth quarter and full-year 2021 financial results will be released before the market opens on Thursday, March 10, 2022. The Company will host a conference call at 11:00 a.m. Eastern Time on that same day to discuss the financial results.

MarketWise Announces Fourth Quarter and Full Year 2021 Financial Results Release Date and Conference Call

MarketWise, Inc. (MKTW) CEO Mark Arnold on Q3 2021 Results - Earnings Call Transcript

~ Third Quarter 2021 Revenue Increase of 43% Year-Over-Year to $141 Million ~

MarketWise Reports Financial Results for Third Quarter 2021

BALTIMORE, Maryland, Nov. 10, 2021 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (the “Company”), formerly known as Beacon Street Group, a leading multi-brand digital subscription services platform providing premium financial research, software, education, and tools for self-directed investors, today announced that the Board of Directors of the Company authorized the repurchase of up to $35 million in aggregate of shares of the Company's Class A common stock, with the authorization to expire on November 3, 2023.

MarketWise Announces Common Stock Repurchase Program

BALTIMORE, Maryland, Nov. 01, 2021 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (the “Company”), formerly known as Beacon Street Group, a leading multi-brand digital subscription services platform providing premium financial research, software, education, and tools for self-directed investors, announced today that its direct subsidiary, MarketWise, LLC (the “Borrower”), and certain of the Company's direct and indirect material U.S. subsidiaries (the “Guarantors”) have entered into a Loan and Security Agreement on October 29, 2021 with a syndicate of five banks, providing for a revolving credit facility of up to $150,000,000 (the “Credit Facility”).

MarketWise Announces $150,000,000 Revolving Credit Facility

BALTIMORE, Nov. 01, 2021 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (the “Company”), formerly known as Beacon Street Group, LLC, a leading multi-brand digital subscription services providing premium financial research, software, education, and tools for self-directed investors, today announced that its third quarter 2021 financial results will be released after the market close on Wednesday, November 10, 2021. The Company will host a conference call at 11:00 a.m. Eastern Time on Thursday, November 11, 2021, to discuss the financial results.

MarketWise Announces Third Quarter 2021 Financial Results Release Date and Conference Call

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BALTIMORE, Sept. 01, 2021 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or the “Company”), formerly known as Beacon Street Group, LLC, a leading multi-brand digital subscription services that provides premium financial research, software, education, and tools for self-directed investors, today announced participation in the following virtual investor conferences:

MarketWise Announces Upcoming Virtual Conference Participation

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MarketWise, Inc. (MKTW) CEO Mark Arnold on Q2 2021 Results - Earnings Call Transcript

~ Second Quarter 2021 Revenue Increase of 71.7% Year-Over-Year ~

MarketWise Reports Financial Results for Second Quarter 2021

MarketWise is an undercovered stock in the financial education and research space. The company's fundamentals suggest that this security is a mispriced opportunity in the market.

MarketWise Stock Could Provide Significant Upside In The Next Year

BALTIMORE, July 29, 2021 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (the “Company”), formerly known as Beacon Street Group, LLC, a leading multi-brand digital subscription services platform that provides premium financial research, software, education, and tools for self-directed investors, today announced that its second quarter 2021 financial results will be released before the market open on Thursday, August 12, 2021. The Company will host a conference call at 11:00 a.m. Eastern Time on the same day to discuss the financial results.

MarketWise Announces Second Quarter 2021 Financial Results Release Date and Conference Call

BALTIMORE, July 22, 2021 (GLOBE NEWSWIRE) -- MarketWise, Inc. (”MarketWise”), a leading multi-brand digital subscription services platform that provides premium financial research, software, education, and tools for self-directed investors, debuts today on The Nasdaq Global Market (the “Nasdaq”) under the ticker symbol “MKTW.”

MarketWise Begins Trading on NASDAQ Today

News for MarketWise Stock (MKTW)