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Stock impact report

MarketWise Reports Net Income of $93.1 Million and Net Revenue of $408.7 Million for Full Year 2024, and Announces Stock Repurchase Program of up to $50 Million

MarketWise, Inc. - Class A (MKTW) 
Company Research Source: GlobeNewswire
BALTIMORE, Feb. 28, 2025 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or the “Company”), a leading multi-brand digital subscription services platform that provides premium financial research, software, education, and tools for self-directed investors, today reported financial results for fourth quarter 2024.(1) Fourth Quarter 2024 Highlights(1)(2) Paid Subscribers were 506 thousand as of December 31, 2024 compared with 737 thousand as of December 31, 2023Total Net Revenue was $97.5 million in 4Q 2024 compared with $112.2 million in 4Q 2023Total Billings was $55.4 million in 4Q 2024 compared with $93.6 million in 4Q 2023Net Income was $26.4 million in 4Q 2024 compared with $1.9 million in 4Q 2023Cash fro Read more
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