secwatch.observer — SEC 8-K summary
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Issuer:     MARKETWISE, INC. (MKTW)
CIK:        0001805651
Form:       8-K
Filed at:   2023-03-30T23:59:59+00:00
Accession:  0001628280-23-009785
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MarketWise FY 2022 revenue down 6.7% to $512.4M; billings drop 37%
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- FY 2022 revenue $512.4M (-6.7% YoY); billings $459.5M (-37% YoY); net income $101.2M vs loss of $953.9M in FY 2021.
- Q4 2022 revenue $127.7M (-13% YoY); net income $27.6M (-23.1% YoY).
- Paid subscribers 841K (-13.5% YoY); ARPU $519 (-30.1% YoY); free subscribers 15.7M (+14.6% YoY).
- Adjusted CFFO $59.3M (-69.9% YoY); deferred revenue $663.5M (-4.4% YoY).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1805651/000162828023009785/0001628280-23-009785-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1805651/000162828023009785/mktw-20230330.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-009785

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer