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MarketWise Reports Net Revenue of $81.3 Million and Net Income of $17.9 Million for Third Quarter 2025; Third Quarter Billings Increased 30% YoY; Announced Quarterly and Special Dividend Totaling $0.40 per Class A Share, for Total FY 2025 Dividends of...
MarketWise Reports Net Revenue of $81.3 Million and Net Income of $17.9 Million for Third Quarter 2025; Third Quarter Billings Increased 30% YoY; Announced
About this update from Marketwise, Inc.
[{"type":"text","content":"MarketWise Reports Net Revenue of $81.3 Million and Net Income of $17.9 Million for Third Quarter 2025; Third Quarter Billings Increased 30% YoY; Announced Quarterly and Special Dividend Totaling $0.40 per Class A Share, for Total FY 2025 Dividends of $1.90 Per Share, or a 13% Cash Yield; Provides Preliminary Targets for FY 2026, Including a 50% Planned Increase in CFFO \n BALTIMORE, Nov. 06, 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 third quarter 2025.(1) Third Quarter 2025 Highlights(1)(2) Total net revenue was $81.3 million in the third quarter 2025 (2)Total Billings were $63.7 million in third quarter 2025, a year-over-year increase of 30%Net income was $17.9 million in third quarter 2025Cash from Operating Activities for third quarter 2025 improved $8.0 million compared to third quarter 2024. On a year to date basis, CFFO improved by $49.9 million compared to the first nine months of 2024.Cash and cash equivalents were $50.5 million as of September 30, 2025, and no debt outstanding. Cash balances were $65.5 million at the end of October.Announced on October 30, 2025 quarterly and special dividend totaling $0.40 per Class A shareShares repurchased year to date under the buyback program total $2.9 million at an average price per share of approximately $16Strong results for October 2025 with Billings of approximately $32 million, which is the highest monthly total in nearly 2 years (1)All quarterly results reported herein are unaudited.(2)Net Revenue (a GAAP measure) represents Billings that are recognized over the term of the subscription, which can be multiple years. Billings are amounts invoiced to customers in the period and is thus indicative of the current operating environment and demand for our products. “Our strategy is working, as evidenced by our strong financial results for the quarter,” said MarketWise CEO Dr. David Eifrig, “with Billings increasing 30% year over year and 9% higher than last quarter.” Eifrig continued, “A bit over a year ago we made the decision to increase the prices we charge on many of our investment research products. The decision to increase prices ...