secwatch.observer — SEC 8-K summary
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Issuer:     MARKETWISE, INC. (MKTW)
CIK:        0001805651
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001628280-25-023472
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MarketWise Q1 net revenue down 23% YoY to $83.5M; provides FY2025 targets
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1805651/000162828025023472/0001628280-25-023472-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1805651/000162828025023472/mktw-20250508.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-023472

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