{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-028737","form_type":"8-K","ticker":"MKTW","cik":"0001805651","company_name":"MARKETWISE, INC.","filed_at":"2023-08-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.327864+00:00","generated_at":"2026-06-11T18:42:55.235909+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"MarketWise Q2 revenue falls 19% to $103.6M; paid subscribers drop 16.5% to 750K","bullets":["Total net revenue $103.6M, down 19.1% YoY; net income $9.7M, down 71.5% from $34.0M.","Paid subscribers 750K, down 16.5% YoY; ARPU $490, down 15.5% from $580.","Billings $96.2M, down 18.1% YoY; deferred revenue $628.4M vs $701.1M a year ago.","Cash from operations $29.0M, up 8.2% YoY; adjusted CFFO margin improved to 30.1% from 22.8%.","Total subscribers grew 5.2% to 16.7M, driven by free subs; active free subs declined to 3.9M from 4.3M."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-028737","json":"https://secwatch.observer/filing/0001628280-23-028737.json","markdown":"https://secwatch.observer/filing/0001628280-23-028737.md","text":"https://secwatch.observer/filing/0001628280-23-028737.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1805651/000162828023028737/0001628280-23-028737-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1805651/000162828023028737/mktw-20230810.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T18:42:55.235909+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d34c2094c950e8e2a090240871b1babb9b99800e","claim":"MARKETWISE, INC. reported second quarter ended June 30, 2023 results: revenue $103.6 million, net income $9.7 million.","evidence_excerpt":"EX-99.1 (EX-99.1) --- MarketWise Reports Financial Results for Second Quarter 2023 ~ Total Subscribers of 16.7 Million, Including 750 Thousand Paid Subscribers ~ ~ Revenues of $103.6 Million ~ ~ Billings of $96.2 Million ~ ~ Net Income of $9.7 Million ~ ~ CFFO and Adjusted CFFO of $29.0 Million ~ BALTIMORE, MD -- (GLOBE NEWSWIRE)—MarketWise, Inc. (NASDAQ: MKTW)","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1805651/000162828023028737/0001628280-23-028737-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended June 30, 2023"},{"label":"Revenue","value":"$103.6 million"},{"label":"Net income","value":"$9.7 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}