other material
confidence high
sentiment positive
materiality 0.65
MarketWise prelim Q4 billings $55M (+10% QoQ); declares $0.03 special dividend
MARKETWISE, INC.
- Preliminary Q4 2024 billings $55M, over 10% sequential increase from Q3 2024.
- Return to positive cash flow generation in Q4 after three prior negative cash flow quarters.
- Cash and cash equivalents estimated $98M at Dec 31, 2024, up from $94M at Sep 30, 2024.
- Special dividend $0.03 per Class A share, payable Feb 26, 2025 to holders of record Jan 29, 2025; total ~$1.3M.
- No debt outstanding; line of credit expired unused in October 2024.