{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-023472","form_type":"8-K","ticker":"MKTW","cik":"0001805651","company_name":"MARKETWISE, INC.","filed_at":"2025-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.797779+00:00","generated_at":"2026-05-22T05:14:39.153348+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"MarketWise Q1 net revenue down 23% YoY to $83.5M; provides FY2025 targets","bullets":["Net revenue $83.5M (down 23% YoY); net income $16.8M vs $22.7M; paid subs 473k (down from 683k).","Total billings $70.5M, up 27% sequentially from Q4 2024; cash from operations improved to $1.7M from -$18.5M.","FY2025 targets: billings ~$250M (+20% vs annualized 2H24); FCF ~$30M; dividends $1.60-$1.80 per share.","Quarterly and special dividend totaling $0.30 per Class A share announced; $0.2M in share repurchases to date."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-023472","json":"https://secwatch.observer/filing/0001628280-25-023472.json","markdown":"https://secwatch.observer/filing/0001628280-25-023472.md","text":"https://secwatch.observer/filing/0001628280-25-023472.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1805651/000162828025023472/0001628280-25-023472-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1805651/000162828025023472/mktw-20250508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T05:14:39.153348+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}